Direct Cost Variances and Management Control MCQ App | BBA Cost Accounting MCQ e-Book PDF

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BBA Cost Accounting MCQs – Practice Test 10 (Chapter 16)

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Direct Cost Variances & Management Control MCQ – Practice Test 10 PDF Download

MCQ 46: An unfavorable variance in static budget is also known as:

  1. favorable variance
  2. adverse variance
  3. adverse standard deviation
  4. unfavorable variance

MCQ 47: If the price variance is $30 and the budgeted input price is $80, then an actual price would be:

  1. −$110
  2. −$50
  3. $110
  4. $50

MCQ 48: If the actual cost is $265000 and the flexible budget cost is $156000, then the flexible budget variance will be:

  1. $409,000
  2. $109,000
  3. $209,000
  4. $309,000

MCQ 49: Static budget variance for operating income is added in to static budget amount to calculate:

  1. actual result
  2. expected results
  3. expected cost
  4. expected revenue

MCQ 50: In management control, the point of reference for making the comparisons of performance is:

  1. focused performance
  2. merchandise performance
  3. distribution performance
  4. expected performance

BBA Cost Accounting Notes App & e-Book – Direct Cost Variances & Management Control Exam Prep

Decision Making Process and Information MCQs
Flexible Budget: Overhead Cost Variance MCQs
Cost Management and Pricing Decisions MCQs
Cost Function and Behavior MCQs
Inventory Management, Just in Time and Costing Methods MCQs
Financial Ratios Analysis MCQs
Performance Measurement, Compensation and Multinational Considerations MCQs
Flexible Budget and Management Control MCQs

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