In this practice, you will be presented questions relevant to ACCA PM (Performance Management) Syllabus on Budgeting and control while they cover:
1. Budgetary systems and types of budget
2. Analytical techniques in budgeting and forecasting
3. Standard costing
4. Material mix and yield variances
5. Sales mix and quantity variances
6. Planning and operational variances
7. Performance analysis
The knowledge test below covers different types of budget and learning rate. It is expected to spend approximately 20 minutes to complete.
The knowledge test below covers 1) Standard costing and, 2) Variances analysis. It is expected to spend approximately 20 minutes to complete.