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

Financial Ratios Analysis Quiz with Answers PDF Download – Test 7

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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:

$1,000
−$1000
$17,000
−$17000

MCQ 32: The economic results that are predicted for possible combinations of events are classified as:

margin
distribution
collection
outcome

MCQ 33: The formula to calculate the contribution margin is:

revenue - all variable cost
revenue + all variable cost
cost + revenue
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:

45 units
30 units
20 units
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:

55.56%
25.50%
28%
45.00%

Financial Ratios Analysis Quiz App & e-Book – BBA Cost Accounting Study Material

Balanced Scorecard and Strategic Profitability Analysis MCQs

Flexible Budget: Overhead Cost Variance MCQs

Spoilage, Rework and Scrap MCQs

Balanced Scorecard: Quality, Time and Theory of Constraints MCQs

Inventory Management, Just in Time and Costing Methods MCQs

Process Costing MCQs

Capital Budgeting and Cost Benefit Analysis MCQs

Overhead Cost Variances and Management Control MCQs

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