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Static Budget Variance MCQ with Answers PDF

Solve Static Budget Variance Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with career tests for online courses. Practice cost allocation, customer profitability and sales variance analysis Multiple Choice Questions and Answers (MCQs), Static Budget Variance quiz questions bank for online business and administration degree. "Static Budget Variance MCQ" PDF book: customer revenues and costs, cost allocation and costing systems, static budget variance test prep for online business university.

"The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as" Multiple Choice Questions (MCQ) on static budget variance with choices sales mix variance, sales volume variance, flexible budget variance, and static budget variance for online business and administration degree. Practice static budget variance quiz questions for merit scholarship test and certificate programs for online business administration degree.

MCQs on Static Budget Variance

1.

The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as

sales mix variance
sales volume variance
flexible budget variance
static budget variance

2.

If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be

$6,200
$1,700
$17,000
$4,500

3.

The difference between corresponding static budget and flexible budget amount is called

sales volume variance
sales mix variance
sales quantity variance
market share variance

4.

If the sales volume variance is $8500 and the static budget amount is $2000, then the flexible budget amount would be

$6,500
$6,600
$6,700
$6,800

5.

The difference between static budget amount and the flexible budget amount is named as

sales mix variance
sales volume variance
flexible budget variance
static budget variance