BBA Cost Accounting MCQs – Practice Test for Exam Prep

Use of Variances Multiple Choice Questions with Answers – PDF Download

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Free "Use of Variances MCQ" App Download [Free] with MCQ: Consideration of decreased operating income relative to budgeted amount, in static budget is classified as; with answers: revenue variance, cost variance, favorable variance, and unfavorable variance for accounting educational resources. Practice Use of Variances Quiz Questions, download Apple Book (Free Chapter) to develop academic skills.

Use of Variances MCQs PDF Download – Prep Test

MCQ 1: 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 2: The variance is the stated difference between expected performance and the:

revenue planning
actual results
marketing results
cost planning

MCQ 3: The budget which is planned around a single output level is called:

marketing budget
methodological budget
static budget
varied budget

MCQ 4: 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 5: 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

BBA Cost Accounting MCQs App & e-Book – Use of Variances Practice Tests

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