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Use of Variances MCQs Quiz Online PDF Download eBook

Solve Use of Variances Multiple Choice Questions (MCQ), use of variances quiz answers PDF worksheet, cost accounting practice test for online courses. Learn direct cost variances and management control Multiple Choice Questions and Answers (MCQs), "Use of Variances" quiz questions and answers for business management classes online. Learn use of variances, price and efficiency variance, static budget: cost accounting test prep for online business management degree programs.

"The consideration of decreased operating income relative to budgeted amount, in static budget is classified as" Multiple Choice Questions (MCQ) on use of variances with choices revenue variance, cost variance, favorable variance, and unfavorable variance for business management classes online. Practice use of variances quiz questions fmerit scholarship test and certificate programs for online college courses. Use of Variances Video

MCQs on Use of Variances PDF Download eBook

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

  1. revenue variance
  2. cost variance
  3. favorable variance
  4. unfavorable variance

D

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

  1. revenue planning
  2. actual results
  3. marketing results
  4. cost planning

B

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

  1. marketing budget
  2. methodological budget
  3. static budget
  4. varied budget

C

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

  1. static budget receipts
  2. static budget deviation
  3. static budget variance
  4. multiple budget variance

C

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

  1. $75,000
  2. $25,000
  3. $35,000
  4. $45,000

B