Flexible Budget: Cost Accounting Quiz with Answers PDF Download – Test 149

MCQ 741: If the flexible budget amount is $82000 and the actual result is $45000 then the flexible budget amount will be:

1. $97,000
2. $87,000
3. $27,000
4. $37,000

MCQ 742: In manufacturing settings, the budgeted fixed overhead rate is classified as:

1. production numerator level
2. production denominator level
3. production cost level
4. production fixed level

MCQ 743: Which of the following is an example of revenue center?

1. sales department
2. investing center
3. marketing department
4. segment department

MCQ 744: The rate of required return to cover the risk of investment, in absence of inflation is classified as:

1. real rate of return
2. required rate of return
3. nominal rate of return
4. none of above

MCQ 745: Which of the following is an example of internal business perspective in balanced scorecard?

1. employee turnover rates
2. operating capabilities and number of patents
3. operating income and revenue growth
4. customer satisfaction and market share