BAO 1101 Study Guide - Quiz Guide: Accounts Receivable, Retained Earnings, Current Liability

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29 Jun 2018
Department
Course
Professor
Ques"on Set
Ques"on 1 1 / 1 point
Which of the following is not a benefit of budge"ng :
can help iden"fy poten"al problems
management can plan ahead
it enables disciplinary ac"on to be taken
assists the co-ordina"on of ac"vi"es
Ques"on 2 1 / 1 point
A budget:
is a subs"tute for management
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assists management in achieving objec"ves
is used only to communicate financial results
is the responsibility of the sales department
Ques"on 3 1 / 1 point
Which of the following is not provided by the budge"ng process :
comparison between actual and budgeted results
greater cost control
benchmark for performance evalua"on
a guarantee of achieving corporate objec"ves
Ques"on 4 1 / 1 point
A Cash Budget shows :
the actual cash balance
the expected cash balance
accounts payable
accounts receivable
Ques"on 5 1 / 1 point
Simon’s "three wheels of planning" show how the following three areas
connect:
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Document Summary

Which of the following is not a bene t of budge"ng : can help iden"fy poten"al problems management can plan ahead it enables disciplinary ac"on to be taken assists the co-ordina"on of ac"vi"es. 1 / 1 point assists management in achieving objec"ves is used only to communicate nancial results is the responsibility of the sales department. Which of the following is not provided by the budge"ng process : comparison between actual and budgeted results greater cost control benchmark for performance evalua"on a guarantee of achieving corporate objec"ves. 1 / 1 point the actual cash balance the expected cash balance accounts payable accounts receivable. Simon"s "three wheels of planning" show how the following three areas connect: cash, sales and pro ts cash, pro t and return on equity pro t, cash and income return on equity, cash and assets. A 6 month adver"sing contract of ,000 was paid on 1 march 2017.

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