MBA Cost Accounting MCQs - Chapter 16

Direct Cost Variances and Management Control Multiple Choice Questions (MCQ) PDF - 10

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The MCQ: An unfavorable variance in static budget is also known as; "Direct Cost Variances and Management Control" App Download Android & iOS (Free) with answers adverse variance, favorable variance, adverse standard deviation and unfavorable variance to learn online tutor courses. Practice static budget: cost accounting quiz questions, download Apple Book (Free Sample) for online BBA degree.

Direct Cost Variances & Management Control Questions & Answers PDF Download: MCQ Quiz 10

MCQ 46: An unfavorable variance in static budget is also known as

favorable variance
adverse variance
adverse standard deviation
unfavorable variance

MCQ 47: If the price variance is $30 and the budgeted input price is $80, then an actual price would be

−$110
−$50
$110
$50

MCQ 48: If the actual cost is $265000 and the flexible budget cost is $156000, then the flexible budget variance will be

$409,000
$109,000
$209,000
$309,000

MCQ 49: Static budget variance for operating income is added in to static budget amount to calculate

actual result
expected results
expected cost
expected revenue

MCQ 50: In management control, the point of reference for making the comparisons of performance is

focused performance
merchandise performance
distribution performance
expected performance

MBA Cost Accounting Mock Tests

Flexible Budget and Management Control MCQs

Basics of Accounting MCQs

Cost Management and Pricing Decisions MCQs

Direct Cost Variances and Management Control MCQs

Activity based Costing and Management MCQs

Process Costing MCQs

Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs

Management Control Systems and Multinational Considerations MCQs

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