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Overhead Cost Variances and Management Control Multiple Choice Questions and Answers 1 PDF Book Download

Overhead cost variances and management control MCQs, overhead cost variances and management control quiz with answers to learn MBA accounting quiz 1 for accounting online courses. Learn planning of variable and fixed overhead costs multiple choice questions (MCQs), overhead cost variances and management control quiz questions and answers. Free e-learning tutorial on planning of variable and fixed overhead costs test prep for CMA accounting certification.

Practice overhead cost variances and management control career test with multiple choice question: difference between actual variable overhead cost and flexible budget variable overhead amount is termed as, to learn finance and accounting degree with options overhead fixed budget variance, overhead flexible budget variance, overhead flexible cost variance, overhead flexible price variance for masters in finance career path. Professional skills assessment test with online learning planning of variable and fixed overhead costs quiz questions with financial accounting MCQs for certified accountant certification. Planning of Variable and Fixed Overhead Costs Video

MCQ on Overhead Cost Variances & Management Control Test 1Quiz Book Download

MCQ: Cost allocation base used by an operating manager is classified as

  1. machine hours
  2. flexible hours
  3. variable hours
  4. fixed hours

A

MCQ: Difference between actual variable overhead cost and flexible budget variable overhead amount is termed as

  1. overhead flexible budget variance
  2. overhead fixed budget variance
  3. overhead flexible cost variance
  4. overhead flexible price variance

A

MCQ: Costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as

  1. constant costing
  2. standard costing
  3. unit costing
  4. batch costing

B

MCQ: An energy, machine maintenance, indirect materials and engineering support are considered as

  1. variable overhead cost
  2. fixed overhead cost
  3. fixed batch cost
  4. variable batch cost

A

MCQ: Budget, which highlights difference between actual quantity and budgeted quantity is termed as

  1. actual cost budget
  2. flexible budget variance
  3. inflexible budget
  4. hourly budget

B