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Flexible Budget: Cost Accounting Questions and Answers PDF Download eBook

Flexible Budget Cost Accounting trivia questions and answers, flexible budget cost accounting quiz answers PDF 24 to practice accounting exam questions for online classes. Practice Flexible Budget and Management Control trivia questions and answers, flexible budget cost accounting Multiple Choice Questions (MCQ) for online accounting degree. Free flexible budget: cost accounting MCQs, make versus buy decisions, inventory costing methods, management accounting guidelines, break even point, flexible budget: cost accounting test prep for online business degree.

"If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be", flexible budget cost accounting Multiple Choice Questions (MCQ) with choices $97,500, $87,500, $67,500, and $57,500 to study online MBA accounting courses. Learn flexible budget and management control questions and answers to improve problem solving skills for online business administration school. Flexible Budget: Cost Accounting Video

Trivia Quiz on Flexible Budget: Cost Accounting PDF Download eBook

Flexible Budget: Cost Accounting Quiz

MCQ: If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be

  1. $87,500
  2. $97,500
  3. $67,500
  4. $57,500

A

Break Even Point Quiz

MCQ: The fixed cost is divided by break-even revenues to calculate

  1. cost margin
  2. fixed margin
  3. revenue margin
  4. contribution margin

D

Management Accounting Guidelines Quiz

MCQ: An accounting approach, in which the expected benefits exceed the expected cost is classified as

  1. benefit approach
  2. cost approach
  3. cost-benefit approach
  4. accounting approach

C

Inventory Costing Methods Quiz

MCQ: An approach in which restating the amounts, in general ledgers by using actual cost rates, is classified as

  1. unadjusted cost approach
  2. adjusted allocation rate approach
  3. unadjusted allocation approach
  4. adjusted cost approach

B

Make versus Buy Decisions Quiz

MCQ: The factor, which is largely considered in making or buying decisions is

  1. quality of suppliers
  2. dependability of suppliers
  3. production irrelevancy
  4. both a and b

D