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Static Budget: Cost Accounting Quiz Questions and Answers 101 PDF Book Download

Static budget cost accounting quiz questions and answers, static budget cost accounting MCQs with answers, cost accounting test prep 101 to learn MBA accounting courses for online classes. Flexible budget and management control quiz, static budget cost accounting multiple choice questions (MCQs) for online accounting degree. Learn static budget: cost accounting MCQs, decision making process, break even point, scrap and byproducts accounting, decentralization costs, static budget: cost accounting test prep for business analyst certification.

Learn static budget cost accounting MCQ with multiple choice questions: if sales budget variance is $57000 and flexible budget amount is $97000, then static budget amount will be, with choices $40,000, $154,000, $164,000, and $124,000 for business management degree online. Learn flexible budget and management control questions and answers for problem-solving, merit scholarships assessment test for finance certifications. Static Budget: Cost Accounting Video

Quiz on Static Budget: Cost Accounting Worksheet 101 PDF Book Download

Static Budget: Cost Accounting MCQ

MCQ: If sales budget variance is $57000 and flexible budget amount is $97000, then static budget amount will be

  1. $40,000
  2. $154,000
  3. $164,000
  4. $124,000

A

Decentralization Costs MCQ

MCQ: Decision making methods, used for subunits of company are highly interdependent on each other is called

  1. incongruent decision making
  2. functional decision making
  3. congruent decision making
  4. duplication decision making

A

Scrap & Byproducts Accounting MCQ

MCQ: Aspects of accounting for scrap includes

  1. physical tracking
  2. non-inventoriable costing
  3. inventory costing
  4. both a and c

D

Break Even Point MCQ

MCQ: If break-even number of units are 120 units and fixed cost is $62000, then contribution margin per unit will be

  1. $74,400
  2. $7,440,000
  3. $516.67
  4. $51,667

C

Decision Making Process MCQ

MCQ: Fourth step in decision making process is

  1. linear correlation
  2. making decisions
  3. implement decisions
  4. evaluate performance

B