MBA Cost Accounting MCQs - Chapter 18

Flexible Budget and Management Control Quiz Questions and Answers PDF - 3

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Flexible Budget & Management Control Questions & Answers PDF Download: MCQ Quiz 3

MCQ 11: The flexible budget amount is added to flexible budget variance to calculate

static result
actual result
secondary result
primary result

MCQ 12: The flexible budget amount is $57000 and flexible budget variance is $14000, then actual result amount will be

$61,000
$71,000
$43,000
$24,000

MCQ 13: The static budget amount is subtracted from the flexible budget amount to calculate the

sales budget variance
cost budget variance
resultant budget variance
static budget variance

MCQ 14: If the sales budget variance is $57000 and the flexible budget amount is $97000, then the static budget amount will be

$40,000
$154,000
$164,000
$124,000

MCQ 15: The difference between the flexible budget amount and the corresponding actual result is called

corresponding variance
resultant variance
flexible budget variance
static budget variance

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