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BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting Competitive Exam MCQs – Practice Test 5 (Chapter 16)

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Learn Direct Cost Variances and Management Control Multiple Choice Questions (MCQs) with Answers PDF (Direct Cost Variances and Management Control MCQs PDF e-Book) download Ch. 16-5 to study BBA Cost Accounting Course. Practice Price and Efficiency Variance MCQs, Direct Cost Variances and Management Control Notes questions and answers PDF to improve virtual skills. Download the BBA Cost Accounting Study App: Free Direct Cost Variances and Management Control MCQs App to study efficiency variance in accounting career test for accounting digital coursework.

Free "BBA Cost Accounting" App Download with MCQ: In cost accounting, the goal of variance analysis is to; with answers: improve future performance, understand variance reason, and learning of improvement for accounting digital coursework. Solve Financial Perspective: Costs of Quality Quiz Questions, download Google e-Book (Free Chapter) to develop academic confidence.

Direct Cost Variances & Management Control MCQs – Practice Test 5 PDF Download

MCQ 21: In cost accounting, the goal of variance analysis is to:

  1. understand variance reason
  2. improve future performance
  3. learning of improvement
  4. all of above

MCQ 22: In management control, an efficiency variance is also referred as:

  1. control variance
  2. uncontrolled variance
  3. usage variance
  4. effective variance

MCQ 23: If an efficiency variance is 200 units and the actual input quantity is 750 units, then the budgeted input quantity will be:

  1. 275 units
  2. 125 units
  3. 550 units
  4. 650 units

MCQ 24: If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be:

  1. $23,800
  2. $11,200
  3. $12,200
  4. $13,200

MCQ 25: The budgeted input quantity is added in to efficiency variance to calculate:

  1. actual input quantity
  2. actual output quantity
  3. actual input price
  4. actual output price

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