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Quiz on Data Collection & Adjustment Issues PDF Download eBook
MCQ: The relationship between cost and cost drivers is
- stationary
- not stationary
- intrinsic
- extrinsic
B
MCQ: If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be
- $15,000
- $13,000
- $11,000
- $9,000
A
MCQ: The production volume variance is also called
- denominator level variance
- numerator level variance
- price level variance
- cost level variance
A
MCQ: In value chain analysis, the coordination, acquiring and assembling of resources to produce a product is classified as
- resourcing
- value acquiring
- production
- value acquaintance
C
MCQ: Which of the following is an example of purchasing costs?
- incoming freight
- storage costs
- insurance
- spoilage
C