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Cost Accounting MCQs

Cost Accounting MCQ Questions - Topic

Use of Variances MCQ with Answers PDF

Use of Variances Multiple Choice Questions (MCQ), Use of Variances quiz answers PDF to study cost accounting online course for cost accounting classes. Direct Cost Variances and Management Control Multiple Choice Questions and Answers (MCQs), Use of Variances quiz questions for business management classes online. "Use of Variances Book" PDF: efficiency variance in accounting, price and efficiency variance, use of variances test prep for online business management degree programs.

"The consideration of decreased operating income relative to budgeted amount, in static budget is classified as" MCQ PDF: use of variances with choices revenue variance, cost variance, favorable variance, and unfavorable variance for business management classes online. Study use of variances quiz questions for merit scholarship test and certificate programs for online college courses.

MCQs on Use of Variances Quiz

MCQ: The consideration of decreased operating income relative to budgeted amount, in static budget is classified as

revenue variance
cost variance
favorable variance
unfavorable variance

MCQ: The variance is the stated difference between expected performance and the

revenue planning
actual results
marketing results
cost planning

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

marketing budget
methodological budget
static budget
varied budget

MCQ: The static budget amount is subtracted from the actual result to calculate

static budget receipts
static budget deviation
static budget variance
multiple budget variance

MCQ: If an actual result is $50000 and the static budget variance is $25000, then the static budget amount will be

$75,000
$25,000
$35,000
$45,000