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Cost Accounting Quizzes

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Data Collection and Adjustment Issues Quiz Questions and Answers PDF

Practice Data Collection and Adjustment Issues quiz questions and answers, data collection and adjustment issues MCQ with answers PDF 1 to solve Cost Accounting mock tests for online college programs. Solve Cost Function and Behavior MCQ questions bank, data collection and adjustment issues Multiple Choice Questions (MCQ) for online college degrees. "Data collection and adjustment issues Quiz" PDF book: retail organizations: inventory management, strategic decisions, production volume variance, price and efficiency variance, data collection and adjustment issues test prep for BA in business administration.

"The relationship between cost and cost drivers is", data collection and adjustment issues Multiple Choice Questions (MCQ) with choices not stationary, stationary, intrinsic, and extrinsic for online business administration degree. Practice cost function and behavior questions and answers to improve problem solving skills for online business management degree programs.

Quiz on Data Collection & Adjustment Issues

1.

The relationship between cost and cost drivers is

stationary
not stationary
intrinsic
extrinsic

2.

If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be

$15,000
$13,000
$11,000
$9,000

3.

The production volume variance is also called

denominator level variance
numerator level variance
price level variance
cost level variance

4.

In value chain analysis, the coordination, acquiring and assembling of resources to produce a product is classified as

resourcing
value acquiring
production
value acquaintance

5.

Which of the following is an example of purchasing costs?

incoming freight
storage costs
insurance
spoilage