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Static Budget: Cost Accounting Quiz Questions and Answers PDF Download eBook

Static Budget Cost Accounting quiz questions and answers, static budget cost accounting MCQs with answers PDF 157 to practice accounting mock tests for online graduate programs. Practice Flexible Budget and Management Control quiz questions with answers, static budget cost accounting Multiple Choice Questions (MCQ) for online accounting degree. Free static budget: cost accounting MCQs, single rate and dual rate methods, product budgeting life cycle and costing, cost analysis dimensions, concept of relevance, static budget: cost accounting test prep for free online classes.

"The difference between the flexible budget amount and the corresponding static budget amount is classified as", static budget cost accounting Multiple Choice Questions (MCQ) with choices cost profit variance, sales revenue variance, profit volume variance, and sales volume variance for online accounting degree courses. Learn flexible budget and management control questions and answers to improve problem solving skills for online BBA courses. Static Budget: Cost Accounting Video

Quiz on Static Budget: Cost Accounting PDF Download eBook

Static Budget: Cost Accounting Quiz

MCQ: The difference between the flexible budget amount and the corresponding static budget amount is classified as

  1. sales revenue variance
  2. cost profit variance
  3. profit volume variance
  4. sales volume variance

D

Concept of Relevance Quiz

MCQ: When an essential information for calculation of income statement is missing, then the costs that can be considered for this purpose is called

  1. expected cost
  2. expected revenues
  3. irrelevant costs
  4. relevant costs

D

Cost Analysis Dimensions Quiz

MCQ: The horizontally across dimension of cost analysis is also called

  1. project dimension
  2. accounting-period dimension
  3. back-flush accounting dimension
  4. lean accounting dimension

A

Product Budgeting Life Cycle and Costing Quiz

MCQ: The practice of seller to charge higher price for same market offering is classified as

  1. peak-load pricing
  2. elastic pricing
  3. elastic demand
  4. inelastic demand

A

Single Rate and Dual Rate Methods Quiz

MCQ: If the employees of division A work for 8000 hours for $90 per hour, then the rate must be paid in division B in accordance of single rate method will be

  1. $90 per hour
  2. less than $90 per hour
  3. greater than $90 per hour
  4. none of above

A