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Annual Budget
In the broadest sense, a budget is an allocation of money for some purpose. The word once used to mean “pouch” or “purse” a ___________ therefore is “what’s in the pouch”.
Production
Budget
Contribution
Sales
Author:
rikazzz
Comment
Annual Budget
Cost of the project Rs. 3,00,000. Total net income for five years Rs. 2,20,000. Average rate of return on average investment would be:
0.0923
0.293
0.239
None of these
Author:
rikazzz
Comment
Annual Budget
An increase in investment is most likely to be caused by:
Lower interest rates
Lower national income
A decrease in the marginal propensity to consume
An increase in withdrawals
Author:
rikazzz
Comment
Annual Budget
A plan quantified in monetary terms in advance of a defined time period and usually showing planned income and expenditure and the capital employed to achieve a given objective is called:
Budget
Margin of safety
Margin of sales
Contribution margin
Author:
rikazzz
Comment
Annual Budget
A business plans to make 15,000 coats per annum, each taking the 1.5 direct labor hours. If the direct labor rate is $8 per hour and a pay rise of 15% is awarded halfway through the year, what is the total annual direct labor budget?
120000
193000
180000
207000
Author:
rikazzz
Comment
Annual Budget
Budget can be classified according to:
Time factor
Function
Both A and B
None of these
Author:
rikazzz
Comment
Annual Budget
An investor has an opportunity to buy a long-term interest bearing note that will mature at Rs. 3,000, 10 years hence. He wants to earn 10% on his investment. What is the maximum amount he can pay for the note?
Rs. 1,851
Rs. 1,158
Rs. 1,185
None of these
Author:
rikazzz
Comment
Annual Budget
When an economy first begins to grow more slowly:
GDP increases
Inflation is likely to increase
Stock levels are likely to increase
Investment in equipment is likely to increase
Author:
rikazzz
Comment
Annual Budget
World trade has been increasing due to:
Increased tariffs
Increased legal barriers
Increased embargoes
Reduced protectionism
Author:
rikazzz
Comment
Annual Budget
A deflationary policy could include:
Increasing injections
Reducing taxation rates
Reducing interest rates
Reducing government spending
Author:
rikazzz
Comment
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