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Cost Accounting MCQs

Cost Accounting MCQs - Topic

Static Budget Cost Accounting MCQ with Answers PDF

Solve Static Budget Cost Accounting Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with career tests for online courses. Practice flexible budget and management control Multiple Choice Questions and Answers (MCQs), Static Budget Cost Accounting quiz questions bank for online schools for business management. "Static Budget Cost Accounting MCQ" PDF book: sales volume variance, flexible budget: cost accounting test prep for online schools for business administration.

"If the sales budget variance is $57000 and the flexible budget amount is $97000, then the static budget amount will be" Multiple Choice Questions (MCQ) on static budget: cost accounting with choices $40,000, $154,000, $164,000, and $124,000 for online schools for business management. Practice static budget cost accounting quiz questions for merit scholarship test and certificate programs for online bachelor degree programs in business administration.

MCQs on Static Budget Cost Accounting

1.

If the sales budget variance is $57000 and the flexible budget amount is $97000, then the static budget amount will be

$40,000
$154,000
$164,000
$124,000

2.

The difference between an actual budget and the corresponding amount in static budget is classified as

correspondent budget
full budget variance
methodology variance
static budget variance

3.

If an actual result is $250000 and the static budget amount is $150000, then the static budget variance for operating income will be

$400,000
$500,000
$100,000
$600,000

4.

The difference between the flexible budget amount and the corresponding static budget amount is classified as

sales revenue variance
cost profit variance
profit volume variance
sales volume variance

5.

An unfavorable variance in static budget is also known as

favorable variance
adverse variance
adverse standard deviation
unfavorable variance