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Use of Variances Trivia Questions PDF p. 69

Learn Use of Variances trivia questions and answers, use of variances quiz answers PDF 69 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: sales mix and sales quantity variances, building block concepts of costing systems, inventory costing: manufacturing companies, joint cost basics, use of variances test prep for online courses for business management degree.

"The budget which is planned around a single output level is called", use of variances Multiple Choice Questions (MCQ) with choices methodological budget, marketing budget, static budget, and varied budget for business management degree online. Learn direct cost variances and management control questions and answers to improve problem solving skills for online BS business administration.

Trivia Quiz on Use of Variances

1.

The budget which is planned around a single output level is called

marketing budget
methodological budget
static budget
varied budget

2.

The manufacturing, distribution and marketing costs incur after split off point is classified under

separable costs
joint costs
main costs
split off costs

3.

If the production is less than sales, then operating income under variable costing is

negative income value
lower income
higher income
zero dividends

4.

A document which consists information about labor time usage, for specific job in a specific department, is known as

selling time record
labor time record
buying time record
direct time record

5.

The difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called

sales quantity variance
cost mix variance
volume mix variance
sales mix variance
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