MBA Cost Accounting Practice Test 75
Price and Efficiency Variance Quiz Questions with Answers PDF Download - 75
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The Price and Efficiency Variance Trivia Questions and Answers PDF (Price and Efficiency Variance Quiz Answers PDF e-Book) download Ch. 16-75 to solve MBA Cost Accounting Practice Tests. Learn Direct Cost Variances and Management Control MCQ Questions PDF, Price and Efficiency Variance Multiple Choice Questions (MCQ Quiz) for online certificate programs. The Price and Efficiency Variance Trivia App Download: Free educational app for price and efficiency variance, allocating costs: multiple support departments, budgets and budgeting cycle, variable and fixed overhead costs, strategic decisions test prep for online business administration degree classes.
The Trivia MCQ: The actual price of material is less than budgeted price, this means that; "Price & Efficiency Variance" App (iOS & Android) with answers: Price variance is unfavorable; Price variance is favorable; Cost variance is favorable; Cost variance is unfavorable; for online business administration degree classes. Study Direct Cost Variances and Management Control Questions and Answers, Google eBook to download free sample for online classes business administration.
Price & Efficiency Variance Quiz with Answers PDF Download: MCQs 75
The actual price of material is less than budgeted price, this means that
- price variance is favorable
- price variance is unfavorable
- cost variance is favorable
- cost variance is unfavorable
The costs, which consist of interdepartmental cost allocations plus cost of support department are classified as
- complete reciprocal costs
- artificial costs
- operating costs
- flexible operating costs
The type of plan of a company, which quantities the expectations of cash flows, income and financial position is known as
- budget
- batching
- complexity
- process
If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be
- $142,500
- $112,500
- $122,500
- $132,500
The quantitative expression of decided plan and coordination, for plan implementation is known as
- cost format
- decided plan
- coordination plan
- budget
MBA Cost Accounting Exam Prep Tests
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Cost Accounting MCQs eBook Download
Financial Management Practice Questions
- In calculation of internal rate of return, an assumption states that received cash flow from project must
- According to Black Scholes model, trading of securities and stock prices move respectively
- Bond risk premium is 3% and bond yield is 10.2% then cost of common stock will be
- Cost of new debt or marginal debt is also classified as
- An average return of portfolio divided by its standard deviation is classified as
Price & Efficiency Variance Practice Tests
- Practice, which makes target more achievable by underestimating revenues or overestimating cost is called
- Component of total cost, which never changes with change in level of production is classified as
- Cost of manufactured goods is added into beginning inventory, and amount equal to cost of sold goods are added into
- An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in
- In linear cost function, fixed cost is considered as
Financial Management Quiz with Answers
Price & Efficiency Variance Quiz Book Questions
- Budgeting and Accounting MCQs
- Capacity Analysis and Inventory Costing MCQs
- Capital Budgeting and Cost Benefit Analysis MCQs
- Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs
- Cost Allocation: Joint Products and Byproducts MCQs
- Cost Function and Behavior MCQs
- Cost Management and Pricing Decisions MCQs