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Data Collection & Adjustment Issues Quiz Questions and Answers 1 PDF Download

Practice data collection & adjustment issues quiz online, cost accounting test 1 for online courses learning. Free accounting MCQs questions and answers to learn data collection & adjustment issues MCQs with answers. Practice MCQs to test knowledge on data collection and adjustment issues, price and efficiency variance, production volume variance, strategic decisions, retail organizations: inventory management worksheets.

Free data collection & adjustment issues course worksheet has multiple choice quiz question as relationship between cost and cost drivers is with options stationary, not stationary, intrinsic and extrinsic with answer key for problem solving to test study skills. for online learning, viva help and jobs' interview preparation tips, study cost function & behavior multiple choice questions based quiz question and answers. Data Collection & Adjustment Issues Video

Quiz on Data Collection & Adjustment Issues Quiz PDF Download Worksheet 1

Data Collection and Adjustment Issues Quiz

MCQ. The relationship between cost and cost drivers is

  1. stationary
  2. not stationary
  3. intrinsic
  4. extrinsic

B

Price and Efficiency Variance Quiz

MCQ. If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input is 50 units, then the price variance will be

  1. $15,000
  2. $13,000
  3. $11,000
  4. $9,000

A

Production Volume Variance Quiz

MCQ. The production volume variance is also called

  1. denominator level variance
  2. numerator level variance
  3. price level variance
  4. cost level variance

A

Strategic Decisions Quiz

MCQ. In value chain analysis, the coordination, acquiring and assembling of resources to produce a product is classified as

  1. resourcing
  2. value acquiring
  3. production
  4. value acquaintance

C

Retail Organizations: Inventory Management Quiz

MCQ. Which of the following is an example of purchasing costs?

  1. incoming freight
  2. storage costs
  3. insurance
  4. spoilage

C