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Use of Variances Trivia Questions PDF p. 111

Learn Use of Variances trivia questions and answers, use of variances quiz answers PDF 111 to practice Cost Accounting exam questions for online classes. Practice Direct Cost Variances and Management Control MCQ questions bank, use of variances Multiple Choice Questions (MCQ) for online college degrees. "Use of variances Trivia" book PDF: economic value added, organization structure and management accountant, building block concepts of costing systems, inventory costing: manufacturing companies, use of variances test prep for online business administration courses.

"The static budget amount is subtracted from the actual result to calculate", use of variances Multiple Choice Questions (MCQ) with choices static budget deviation, static budget receipts, static budget variance, and multiple budget variance for business administration degree courses. Learn direct cost variances and management control questions and answers to improve problem solving skills for general business degree online.

Trivia Quiz on Use of Variances

1.

The static budget amount is subtracted from the actual result to calculate

static budget receipts
static budget deviation
static budget variance
multiple budget variance

2.

In variable costing, an effect on cost volume profit relationship is driven by

unit level of sales
unit level of production
unit level of inventory
unit dividends

3.

If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labor hours, then the overhead rate would be

109.87
$107.78
$106.56
$104.34

4.

The function of plant manager, in which he is responsible for new assets investment is termed as

line function
staff function
asset function
investment function

5.

If the working capital is $265000 and the current liabilities are $378000, then the current assets can be

$113,000
$643,000
$743,000
$543,000
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