Quiz 1: Budgeting Basics & Techniques

Budget purpose

Welcome to your Quiz 1: Budgeting Basics & Techniques

Question 1: What is the primary purpose of budgeting?

Question 2: Which budgeting method allocates funds based on the previous period's budget, with adjustments made as necessary?

Question 3: What is the purpose of creating a budget variance analysis?

Question 4: What is the primary characteristic of zero-based budgeting?

Question 5: Which budgeting method involves allocating resources based on the activities that drive costs?

Question 6: What is the main advantage of rolling budgets?

3 thoughts on “Quiz 1: Budgeting Basics & Techniques”

Leave a Reply

Your email address will not be published. Required fields are marked *