MBA Cost Accounting MCQs - Chapter 16

Direct Cost Variances and Management Control MCQ (Multiple Choice Questions) PDF - 6

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Direct Cost Variances & Management Control Questions & Answers PDF Download: MCQ Quiz 6

MCQ 26: The static budget amount is subtracted from the actual result to calculate

A) static budget receipts

B) static budget deviation

C) static budget variance

D) multiple budget variance

MCQ 27: The point at which the control functions and the planning of management come together is known as

A) functioning

B) variance

C) variation

D) deviation

MCQ 28: The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate

A) efficiency deviation

B) efficiency variance

C) budgeted variance

D) usage variance

MCQ 29: The level of used input to achieve a determined level of output is termed as

A) efficiency

B) effectiveness

C) growth evaluation

D) performance evaluation

MCQ 30: The flexible budget variance is subtracted from actual cost to calculate

A) flexible budget cost

B) flexible investment cost

C) static budget cost

D) static variable cost

MBA Cost Accounting Mock Tests

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