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MBA Cost Accounting Practice Test 118

# Price and Efficiency Variance MCQ (Multiple Choice Questions) PDF - 118

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The e-Book Price and Efficiency Variance Multiple Choice Questions and Answers (MCQs), price and efficiency variance MCQs Quiz PDF download chapter 16-118 to learn online accounting degree courses. Study Direct Cost Variances and Management Control quiz answers PDF, price and efficiency variance Multiple Choice Questions (MCQ Quiz) for online college degrees. The Price and Efficiency Variance MCQs App Download: Free educational app for price and efficiency variance, cost analysis, flexible budget: cost accounting, types of inventory, concept of relevance test prep for online BBA business administration.

The MCQs Difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate: efficiency variance, efficiency deviation, budgeted variance and usage variance with "Price & Efficiency Variance" App Download (iOS & Android) Free to learn distance learning courses. Practice direct cost variances and management control questions and answers, Google eBook to download free sample for online college courses for business management.

## Price & Efficiency Variance MCQ Questions : Quiz 118

MCQ 586: The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate

A) efficiency deviation
B) efficiency variance
C) budgeted variance
D) usage variance

MCQ 587: The labor which works as forklift truck, plant guards and the rework labor is classified as

MCQ 588: Number of units are multiplied to per unit price, to calculate

A) multiple budget variable
B) fixed budget variable
C) flexible budget variable
D) constant budget

MCQ 589: The inventory of the final goods that are not yet sold is called

A) finished goods inventory
B) indirect material inventory
C) direct materials inventory
D) work in process inventory

MCQ 590: The type of outcomes, which can never be measured in numerical terms in books of accounts are classified as

A) expected factors
B) recorded factors
C) qualitative factors
D) quantitative factors

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