Cost management accounting questions…please help me…thanks!?

1. The common factor(s) in successful budgets is (are):
A. Acceptance and support by key management people
B. A sense of ownership by those assigned to carry it out
C. That they are technically correct and reasonably accurate
D. A and C
E. A,B and C

2. The practice of maintaining budgets for the same number of future periods, revising those budgets as each period is completed adding a new budget each period is called:
A. Master budgeting
B. Capital budgeting
C. Zero-based budgeting
D. Continuous budgeting
E. Kaizen budgeting

3. Which of the following statements about budgeting is NOT ture?
A. Budgeting is an aid to planning and control
B. Budgets create standards for performance evaluation
C. Budgets help coordinate the activities of the entire organization
D. Budgeting forces managers to think ahead and formalize long-range objectives.
E. Budgeting eliminates the need for day-to-day monitoring of operation

4. Sales forecasting by its nature is:
A.Precise
B.Efficient
C.Objective
D.Subjective
E.Mechanical

5. The operating income total variance reveals whether the firm has achieved:
A. The sales level budgeted for the period
B. Control of variable expenses for the period
C. Control of fixed expenses for the period
D. Control of total expenses for the period
E. The budgeted operating income for the period.

6. A materials efficiency variance can be caused by all of the following except:
A. Quantity of actual output achieved
B. Performance of the workers in using the materials
C. Quality of the materials
D. Skill level of the workers using the materials
E. All of the factors listed above

7. It is possible for both direct material and direct labor to break totoal variance into two separate variances that evaluate:
A. Usage and prices
B. Unites and cost
C. Dollars and units
D. Management and worker
E. Efforts and results

8. Which of the following variances is most likely to be investigated for its cause?

A. A favorable efficiency variance of a non-bottleneck operation
B. An unfavorable efficiency variance of a non-bottleneck operation
C. A favorable efficiency variance of a bottlenect operation.
D. An unfavorable efficiency variance of a bottleneck operation
E. All of the variances above are equally significant and should be investigated.

Finally I finished typing up these questions…even though I have my own answers for them, I just want to see how you guys answer thsese…any help would be greatly appreciated!!!