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Price and Efficiency Variance Quizzes Online MCQs PDF Download eBook

Price and Efficiency Variance quiz questions, price and efficiency variance multiple choice questions and answers PDF 164 to learn accounting course for online certification. Practice Direct Cost Variances and Management Control quiz with answers, price and efficiency variance Multiple Choice Questions (MCQ) for online accounting degree. Free price and efficiency variance MCQs, estimating cost function using quantitative analysis, economic value added, static budget: cost accounting, budgeting and responsibility accounting, price and efficiency variance test prep for general business degree online.

"If the price variance is $20 and the budgeted input price is $70, then an actual price will be", price and efficiency variance Multiple Choice Questions (MCQ) with choices $50, $90, −$50, and $100 to study online MBA accounting courses. Learn direct cost variances and management control questions and answers to improve problem solving skills for online courses for business management degree. Price & Efficiency Variance Video

Price & Efficiency Variance Questions and Answers PDF Download eBook

Price and Efficiency Variance Quiz

MCQ: If the price variance is $20 and the budgeted input price is $70, then an actual price will be

  1. $90
  2. $50
  3. −$50
  4. $100

A

Budgeting and Responsibility Accounting Quiz

MCQ: An arrangement of line of authority within the company is classified as

  1. company structure
  2. organization structure
  3. line of authority
  4. line of responsibility

B

Static Budget: Cost Accounting Quiz

MCQ: An unfavorable variance in static budget is also known as

  1. favorable variance
  2. adverse variance
  3. adverse standard deviation
  4. unfavorable variance

B

Economic Value Added Quiz

MCQ: The after-tax average cost of the funds used by company in long run is equal to

  1. weighted average cost of capital
  2. economic value added
  3. after-tax operating income
  4. net income

A

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be

  1. $800
  2. $400
  3. $300
  4. $600

C