BBA Cost Accounting MCQs (BBA Finance) From Textbook

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BBA Cost Accounting MCQs – Practice Test 7 (Chapter 17)

Financial Ratios Analysis Quiz with Answers PDF Download – Test 7

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The Financial Ratios Analysis Quiz Questions and Answers PDF (Financial Ratios Analysis Quiz PDF e-Book) download Ch. 17-7 to learn BBA Cost Accounting Course. Practice Contribution Margin versus Gross Margin MCQs, Financial Ratios Analysis MCQ questions and answers PDF for online college courses for business management. The BBA Cost Accounting Quiz App Download: Free Financial Ratios Analysis App to learn contribution margin calculations, breakeven point and target income career test for business administration degree courses.

The MCQ: If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be; "BBA Cost Accounting Quiz" App (iOS, Android) with answers: −$1000, $1,000, $17,000, and &minus$17000 for online accounting degree courses. Study Flexible Budget: Cost Accounting Quiz Questions, download Google Book (Free Chapter) for online college courses for business management.

Financial Ratios Analysis Quiz – Practice Test 7 PDF Download

MCQ: 31

If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be

  1. $1,000
  2. −$1000
  3. $17,000
  4. −$17000
MCQ: 32

The economic results that are predicted for possible combinations of events are classified as

  1. margin
  2. distribution
  3. collection
  4. outcome
MCQ: 33

The formula to calculate the contribution margin is

  1. revenue - all variable cost
  2. revenue + all variable cost
  3. cost + revenue
  4. revenue - breakeven units
MCQ: 34

If the fixed cost is $10000, the target operating income is $8000 and the contribution margin per unit is $900, then required units to be sold will be

  1. 45 units
  2. 30 units
  3. 20 units
  4. 52 units
MCQ: 35

If the margin of safety is $25000 and the budgeted revenue is $45000, then the margin of safety in percentage will be

  1. 55.56%
  2. 25.50%
  3. 28%
  4. 45.00%

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