Module 6: Understanding Budgets – Review Questions
This quiz will review what you’ve learned in Module 6 about Understanding Budgets.
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Question 1 of 10
1. Question
1.) Which of the following is not a common type of budget?
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Question 2 of 10
2. Question
2.) Which type of budget estimates what expenses the organization will have for a time?
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Question 3 of 10
3. Question
3.) The SMART technique for setting goals implies that the goal should be:
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Question 4 of 10
4. Question
4.) Which of the following is not necessary information for starting a budget?
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Question 5 of 10
5. Question
5.) Which of the following IS NOT an area that a budget team would necessarily include?
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Question 6 of 10
6. Question
6.) What should the team members do once they are established?
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Question 7 of 10
7. Question
7.) Which of the following elements is not a part of the most common form of a budget outline?
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Question 8 of 10
8. Question
8.) What format is the common budget outline similar with?
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Question 9 of 10
9. Question
9.) ______ are critical for businesses.
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Question 10 of 10
10. Question
10.) Which type of budget estimates future sales.