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Sales Volume Variance Quiz Questions and Answers PDF Download eBook p. 34

Sales Volume Variance quiz questions and answers, sales volume variance MCQs with answers PDF 34 to practice accounting mock tests for online graduate programs. Practice "Flexible Budget and Management Control" quiz questions with answers, sales volume variance Multiple Choice Questions (MCQ) for online accounting degree. Free sales volume variance MCQs, budgets and budgeting cycle, cost accounts, contribution margin calculations, just in time purchasing, sales volume variance test prep for online schools for business administration.

"If the static budget amount is $9000, the flexible budget amount is $20000, then the sales volume variance will be", sales volume variance Multiple Choice Questions (MCQ) with choices $11,000, $29,000, $15,000, and $10,000 for online schools for business management. Learn flexible budget and management control questions and answers to improve problem solving skills for online bachelor degree programs in business administration. Sales Volume Variance Video

Quiz on Sales Volume Variance PDF Download eBook

Sales Volume Variance Quiz

MCQ: If the static budget amount is $9000, the flexible budget amount is $20000, then the sales volume variance will be

  1. $29,000
  2. $11,000
  3. $15,000
  4. $10,000

B

Just In Time Purchasing Quiz

MCQ: The systematic flow of services, goods or information from the buying material for product delivery to the customers is known as

  1. supply chain
  2. value chain
  3. material flow chain
  4. manufacturing flow chain

A

Contribution Margin Calculations Quiz

MCQ: If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be

  1. −$8000
  2. $3,000
  3. −$3000
  4. $8,000

B

Cost Accounts Quiz

MCQ: The costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as

  1. carrying costs
  2. purchasing costs
  3. stock-out costs
  4. ordering costs

A

Budgets and Budgeting Cycle Quiz

MCQ: The type of budget, which is always available for the specified period of future is called

  1. period budget
  2. batch budget
  3. discontinued budget
  4. continuous budget

D