Q37 Which of the following methods is a measure of liquidity and not a measure of profitability? Posted on:
Q35 The following statements have been made about value analysis. (1) It seeks the lowest cost method of achieving a desired function Posted on:
Q34 A business absorbs overheads on a direct labour hourly basis, which were budgeted at 2,500 labour hours with overheads of N56,500. Posted on:
Q33 A company had an under recovery of overheads of N200,000 with a budgeted overhead of N1,000,000. Posted on:
Q32 A company manufactures high-quality china plates, which are hand-painted. It has a budgeted overhead of N20,000, taking 150 machine hours and Posted on:
Q31 The use of the balanced scorecard rather than a profit-based measure is likely to help solve the following problems: Posted on:
Q29 Which TWO of the following are MOST likely to influence the motivation of budget holders?. (1) The contents of the budget manual (2) Posted on:
Q28 The following statements relate to the participation of junior management in setting budgets: 1. It speeds up the setting of budgets 2. Posted on:
Q27 Lagos State Waste Management Authority (LAWMA) is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget? Posted on:
Q26 In make or buy decision, it is profitable to buy from outside only when the supplier’s price is below the firm’s own Posted on:
