A-LevelAccountingBudgeting and budgetary control9706/12 · May/June 2016 · Q301 Mark

Who should be on the budget committee?

Aaccounting and finance staff only

Bsales manager and production manager only

Csales staff only

Dsenior management representing every department in the organisation

✓ Correct answer

D: senior management representing every department in the organisation

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Budgeting and budgetary control and see which topics are most likely to come up next.

About this question

Topic: Budgeting and budgetary control, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2016 Paper 1 Variant 2, question 30.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Budgeting and budgetary controlMay/June 20221m

Why does a business prepare budgets?

Budgeting and budgetary controlOct/Nov 20131m

Ted plans to buy a motor vehicle for $12000 on 1 May 2014. He intends to pay half at the time of purchase and to take…

Budgeting and budgetary controlOct/Nov 20141m

A business prepared a cash budget using the following information. $ fixed costs each month 5000 depreciation each …

Preparation of financial statementsOct/Nov 20111m

The table gives data about rental income for the year ended 31 March 2011. $ rents owing 31 March 2010 1 400 rents r…

Accounting for non-current assetsOct/Nov 20111m

Expenditure on a machine during a year has included the following. $ insurance costs 2 400 new engine – machine will…

Accounting for non-current assetsOct/Nov 20111m

What should companies not show as non-current assets in their balance sheets?

← Browse all past-paper questions