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Annual Budget
A cash budget for the six months ended 30 September 2013 shows an anticipated overdraft of approximately Rs. 9,500 which of the following would reduce the expected overdraft?
Allowing customers two month’s credit instead of one month’s credit in which to pay
Supplier’s purchases being made for cash, instead of one month’s credit
Assets being leased, rather than purchased for cash in 2013
Charging depreciation on fixed assets at 25% on the straight-line basis rather than 20%
Author:
rikazzz
Comment
Annual Budget
Which of the following is an example of functional budget?
Flexible budget
Master budget
Production budget
None of these
Author:
rikazzz
Comment
Annual Budget
An increase in income will:
Lead to a movement along the demand curve
Shift the supply curve
Shift the demand curve
Lead to an extension of demand
Author:
rikazzz
Comment
Annual Budget
Capital investment of an asset Rs 10,000; No residual value at the end of its life of 4 years; Rate of interest 5%. Annual cost of this asset would be:
Rs. 2,821
Rs. 8,221
Rs. 2,281
None of these
Author:
rikazzz
Comment
Annual Budget
National income estimates in Pakistan is prepared by __________:
Planning commission
SBP
Finance ministry
C.S.O
Author:
rikazzz
Comment
Annual Budget
Every Money Bill presented to the President for assent shall bear a certificate under the hand of the ___________ that it is a Money Bill, and such certificate shall be conclusive for all purposes and shall not be called in question.
A cash budget sets out all cash receipts and payments that a business excepts to make over a period of time
Cash budgets are usually prepared on a month-to -month basis
Cash budgets show the expected bank balance at the end of the month
Cash budgets include personal cash receipts and expenses
Author:
rikazzz
Comment
Annual Budget
Developing economies usually have:
Low GDP per capita
Low CPI
Large balance of payments surplus
Large budget surplus
Author:
rikazzz
Comment
Annual Budget
__________ is the creation of a completely new budget from the ground up-as if no history existed. When using this method, the operation must justify and document every item of expenditure and income. Brand-new operations will utilize zero-based methods.
Zero based budgeting
Fiscal based budgeting
Revenue based budgeting
Traditional budgeting
Author:
rikazzz
Comment
Annual Budget
The Public Sector Net Cash Requirement (PSNCR) is:
A measure of the country’s trade position
A measure of the country’s budget position
A measure of the country’s total debt
A measure of the government’s monetary stance
Author:
rikazzz
Comment
Annual Budget
According to survey, the food inflation mainly driven by:
Cereal Prices
Subsidies
Oil
None of these
Author:
rikazzz
Comment
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