BBA Cost Accounting MCQs – Mock Test 1

Data Collection and Adjustment Issues Quiz with Answers PDF Download – Test 1

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Data Collection & Adjustment Issues Quiz – Mock Test 1 PDF Download

MCQ 1: The relationship between cost and cost drivers is:

stationary
not stationary
intrinsic
extrinsic

MCQ 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

MCQ 3: The production volume variance is also called:

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

MCQ 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

MCQ 5: Which of the following is an example of purchasing costs?

incoming freight
storage costs
insurance
spoilage

BBA Cost Accounting Quiz App & eBook – Data Collection & Adjustment Issues Admission Tests

Price and Efficiency Variance MCQs

Production Volume Variance MCQs

Strategic Decisions MCQs

Retail Organizations: Inventory Management MCQs

Analysing Problems and Improve Quality MCQs

Accrual Accounting Rate of Return Method MCQs

Variable and Fixed Overhead Costs MCQs

Common Costs MCQs

Nonlinearity and Cost Functions MCQs

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