Price and Efficiency Variance Quizzes Online MCQs PDF Download eBook
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"The level of used input to achieve a determined level of output is termed as", price and efficiency variance Multiple Choice Questions (MCQ) with choices effectiveness, efficiency, growth evaluation, and performance evaluation for online accounting certifications. Learn direct cost variances and management control questions and answers to improve problem solving skills for online bachelor's degree in business management. Price & Efficiency Variance Video
Price & Efficiency Variance Questions and Answers PDF Download eBook
MCQ: The level of used input to achieve a determined level of output is termed as
- efficiency
- effectiveness
- growth evaluation
- performance evaluation
A
MCQ: If the coefficients are similar for two accounting periods, then single cost relationship is estimated with the help of
- data of fixed cost
- cost driver of data
- pool of data
- cost object of data
C
MCQ: An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called
- unadjusted budget rate approach
- adjusted allocation rate approach
- unadjusted allocation rate approach
- adjusted budget rate approach
B
MCQ: Companies that are part of an industry of 'service providers' are
- manufacturing sector companies
- merchandising sector companies
- service sector companies
- raw material companies
C
MCQ: The relationship between independent variable and dependent variable must be
- general ledger
- non-achievable
- non measureable
- economically plausible
D