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Data Collection Adjustment Issues Quiz Questions 1 pdf Download

Practice cost accounting MCQ test 1 to learn data collection adjustment issues quiz online. Find questions to study bba cost accounting quiz on cost function and behavior. Practice MCQs to test knowledge on data collection and adjustment issues, price and efficiency variance, production volume variance, strategic decisions, retail organizations: inventory management,.

Free study guide has multiple choice quiz questions as relationship between cost and cost drivers are with answering options stationary, not stationary, intrinsic and extrinsic to test study skills. For e-learning, study online cost function and behavior multiple choice questions based quiz questions and answers.

Quiz on Data Collection Adjustment Issues - Worksheet 1

Data Collection and Adjustment Issues Quiz

MCQ. Relationship between cost and cost drivers are

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

B

Price and Efficiency Variance Quiz

MCQ. An actual price input is $700, budgeted price of input is $400 and actual quantity of input is 50 units then price variance is

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

A

Production Volume Variance Quiz

MCQ. Production volume variance is also considered as

  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, 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. An example of purchasing costs include

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

C

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