Under which costing system is the fixed manufacturing overheads considered as a part of full cost of production: a. Absorption costing. b. Standard costing. c. Variance costing. d. Marginal costing. Question 14 Not yet answered Marked out of 0.40 Flag question Which of the following budgetary approaches is a least time-consuming but least motivational one, especially in large corporation? a. Negotiated budget b. Imposed budget c. Manager budget d. Participative budget Question 15 Not yet answered Marked out of 0.40 Flag question a. Negotiated budget b. Imposed budget c. Manager budget d. Participative budget Question 15 Not yet answered Marked out of 0.40 Flag question Which of the following expenditures is most likely to be a revenue expenditure? a. Cost of registering a newly composed song for copyright protection. b. Cost of major upgrading a factory plant. c. Costs of training factory workers. d. Purchase of a delivery trucks