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Use of Variances Quiz Questions and Answers 111 PDF Book Download

Use of variances quiz, use of variances MCQs with answers, MBA accounting quiz 111 for online accounting courses. College and university degree MCQs on direct cost variances and management control quiz questions and answers, use of variances multiple choice questions to practice accounting quiz with answers. Learn use of variances MCQs, career aptitude test on organization structure and management accountant, building block concepts of costing systems, inventory costing: manufacturing companies, use of variances test prep for accounting related certifications.

Practice use of variances career test with multiple choice question (MCQs): static budget amount is subtracted from actual result to calculate, to learn finance and accounting degree with options static budget receipts, static budget deviation, static budget variance, multiple budget variance for careers with a business finance degree. Learn direct cost variances and management control questions and answers with problem-solving skills assessment test for finance certifications. Use of Variances Video

Quiz on Use of Variances Worksheet 111Quiz Book Download

Use of Variances Quiz

MCQ: Static budget amount is subtracted from actual result to calculate

  1. static budget receipts
  2. static budget deviation
  3. static budget variance
  4. multiple budget variance

C

Inventory Costing: Manufacturing Companies Quiz

MCQ: In variable costing, an effect on cost volume profit relationship is driven by

  1. unit level of sales
  2. unit level of production
  3. unit level of inventory
  4. unit dividends

A

Building Block Concepts of Costing Systems Quiz

MCQ: If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labor hours, then overhead rate would be

  1. 109.87
  2. $107.78
  3. $106.56
  4. $104.34

B

Organization Structure & Management Accountant Quiz

MCQ: Function of plant manager, in which he is responsible for new assets investment is termed as

  1. line function
  2. staff function
  3. asset function
  4. investment function

A

Economic Value Added Quiz

MCQ: If working capital is $265000 and current liabilities are $378000, then current assets can be

  1. $113,000
  2. $643,000
  3. $743,000
  4. $543,000

B