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# Price and Efficiency Variance Quizzes Online MCQs PDF Download eBook - 119

Price and Efficiency Variance quiz questions, price and efficiency variance multiple choice questions and answers PDF 119 to learn accounting course for online certification. Practice "Direct Cost Variances and Management Control" quiz with answers, price and efficiency variance Multiple Choice Questions (MCQ) for online accounting degree. Free price and efficiency variance MCQs, estimating cost function using quantitative analysis, manufacturing, merchandising and service sector companies, budget indirect costs and end of financial year, data collection and adjustment issues, price and efficiency variance test prep for best online colleges for business administration.

"The level of used input to achieve a determined level of output is termed as", price and efficiency variance Multiple Choice Questions (MCQ) with choices effectiveness, efficiency, growth evaluation, and performance evaluation for online courses for business management degree. Learn direct cost variances and management control questions and answers to improve problem solving skills for online bachelor's degree in business management. Price & Efficiency Variance Video

## Price & Efficiency Variance Questions and Answers PDF Download eBook

Price and Efficiency Variance Quiz

MCQ: The level of used input to achieve a determined level of output is termed as

1. efficiency
2. effectiveness
3. growth evaluation
4. performance evaluation

A

Data Collection and Adjustment Issues Quiz

MCQ: If the coefficients are similar for two accounting periods, then single cost relationship is estimated with the help of

1. data of fixed cost
2. cost driver of data
3. pool of data
4. cost object of data

C

Budget Indirect Costs and End of Financial Year Quiz

MCQ: An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called

1. unadjusted budget rate approach
2. adjusted allocation rate approach
3. unadjusted allocation rate approach
4. adjusted budget rate approach

B

Manufacturing, Merchandising and Service Sector Companies Quiz

MCQ: Companies that are part of an industry of 'service providers' are

1. manufacturing sector companies
2. merchandising sector companies
3. service sector companies
4. raw material companies

C

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: The relationship between independent variable and dependent variable must be

1. general ledger
2. non-achievable
3. non measureable
4. economically plausible

D