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Economic Value Added Quiz Questions and Answers 116 PDF Download

Learn economic value added quiz, online cost accounting test 116 for online courses, distance learning. Free accounting MCQs questions and answers to learn economic value added MCQs with answers. Practice MCQs to test knowledge on economic value added, specification analysis : estimation assumptions, direct costs and indirect costs, setup cost, overhead cost variance analysis for online financial accounting standards course test.

Free economic value added course worksheet has multiple choice quiz question as if current assets are $856000 and working capital is $654500, then current liabilities will be with options $501,500 , $401,500 , $201,500 and $301,500 with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study performance measurement, compensation & multinational considerations multiple choice questions based quiz question and answers. Economic Value Added Video

Quiz on Economic Value Added Quiz PDF Download Worksheet 116

Economic Value Added Quiz

MCQ. If current assets are $856000 and working capital is $654500, then current liabilities will be

  1. $501,500
  2. $401,500
  3. $201,500
  4. $301,500

C

Specification Analysis : Estimation Assumptions Quiz

MCQ. If residual error is 25 and predicted cost value is 50, then observed cost value would be

  1. 100
  2. 25
  3. 50
  4. 75

D

Direct Costs & Indirect Costs Quiz

MCQ. Process of assigning indirect costs to any specific cost object is known as

  1. economic cost
  2. cost tracing
  3. cost allocation
  4. non-economic costs

C

Setup Cost Quiz

MCQ. If salaries of engineers are $3000, salaries of supervisors are $4000 and equipment leasing cost is $3000, then fixed setup costs will be

  1. $10,000
  2. $1,000
  3. $7,000
  4. $4,000

A

Overhead Cost Variance Analysis Quiz

MCQ. In overhead cost variance analysis, variable overhead does not include

  1. favorable volume variance
  2. profit volume variance
  3. cost volume variance
  4. production volume variance

D