Flexible Budget Variance Quiz Questions and Answers PDF Download eBook
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"If the static budget is $405000 and the flexible budget amount is $620000, then the sales budget variance will be", flexible budget variance Multiple Choice Questions (MCQ) with choices $315,000, $215,000, $415,000, and $515,000 to study online BBA courses. Learn flexible budget and management control questions and answers to improve problem solving skills for online business degree. Flexible Budget Variance Video
Quiz on Flexible Budget Variance PDF Download eBook
MCQ: If the static budget is $405000 and the flexible budget amount is $620000, then the sales budget variance will be
- $215,000
- $315,000
- $415,000
- $515,000
A
MCQ: The type of outcomes that can be measured in numerical terms are classified as
- qualitative factors
- quantitative factors
- expected factors
- recorded factors
B
MCQ: If the contribution margin per unit is $40 per unit and selling price is $200, then the contribution margin percentage would be
- 20%
- 10%
- 22%
- 16%
A
MCQ: The low level managers in organizations are to make decisions about
- net income irrelevancy
- operating income maximization
- operating income minimization
- operating income relevancy
B
MCQ: If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be
- $1,000
- −$1000
- $17,000
- −$17000
C