管理会计示范性双语课件习题10.pdfVIP

CHAPTER 10 USING BUDGETS TO ACHIEVE ORGANIZATIONAL OBJECTIVES TRUE/FALSE 1. Budgeting involves forecasting the demand for flexible resources, intermediate-term capacity resources, and long-term capacity resources. a. True b. False 2. Budgeting helps management anticipate and adjust for trouble spots in advance. a. True b. False 3. Budgets can play both planning and control roles for management. a. True b. False 4. The usual starting point in budgeting is to make a forecast of net income. a. True b. False 5. The sales plan should be based on the production plan. a. True b. False 6. If amounts in the sales forecast change, amounts in the production budgets will also change. a. True b. False 7. After a budget is agreed upon and finalized by the management team, the amounts should not be changed for any reason. a. True b. False 8. In periodic budgeting, organizations budget continuously. a. True b. False 9. Zero-based budgeting requires that proponents of discretionary expenditures justify these outlays for each budgeting period. a. True b. False 1 10. Sensitivity analysis is the process of selectively varying the key estimates of a plan or budget. a. True b. False 11. The essence of variance analysis is that it captures a departure from what was expected. a. True b. False 12. It is most meaningful to compare cost targets in the master budget to actual cost results. a. True b. False 13. A favorable variance indicates management’s attention is not needed. a. True b. False 14. An unfavorable variance may be due to poor planning rather than due to inefficiency.