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Accounting: Operating Income Quiz Questions and Answers 47 PDF Download

Learn accounting operating income quiz, cost accounting quiz online 47 to practice. Free accounting MCQs questions and answers to learn accounting: operating income MCQs with answers. Practice MCQs to test knowledge on accounting: operating income, breakeven point and target income, use of variances, weighted average method, quality: competitive tool worksheets.

Free accounting: operating income worksheet has multiple choice quiz question as an effect of fixed cost to change in operating income is classified as, answer key with choices as uncertain margin, certain margin, operating margin and operating leverage problem solving to test study skills. For viva learning help and jobs' interview preparation tips, study online financial ratios analysis multiple choice questions based quiz question and answers. Accounting: Operating Income Video

Quiz on Accounting: Operating Income Quiz PDF Download Worksheet 47

Accounting: Operating Income Quiz

MCQ. An effect of fixed cost to change in operating income is classified as

  1. uncertain margin
  2. certain margin
  3. operating margin
  4. operating leverage

D

Breakeven Point and Target Income Quiz

MCQ. The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate

  1. target net cost
  2. target net income
  3. target net gain
  4. target net loss

B

Use of Variances Quiz

MCQ. The variance is the stated difference between expected performance and the

  1. revenue planning
  2. actual results
  3. marketing results
  4. cost planning

B

Weighted Average Method Quiz

MCQ. If the beginning work in process equivalent units is 2500 units, work done in current period equivalent units is 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

  1. 1800 units
  2. 2300 units
  3. 10300 units
  4. 1500 units

B

Quality: Competitive Tool Quiz

MCQ. The basic aspects of product quality must include the

  1. design quality
  2. conformance quality
  3. scorecard quality
  4. both a and b

D