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Price & Efficiency Variance Quiz Questions and Answers 119 PDF Download

Price and efficiency variance quiz questions, learn online MBA accounting test prep 119 for distance learning online MBA programs. College and university courses MCQs on direct cost variances and management control quiz, price and efficiency variance multiple choice questions and answers to practice accounting quiz with answers. Learn price and efficiency variance MCQs, career aptitude test on estimating cost function using quantitative analysis, manufacturing, merchandising and service sector companies, budget indirect costs and end of financial year, data collection and adjustment issues, price and efficiency variance practice test for online accountancy school courses distance learning.

Practice price and efficiency variance career test with multiple choice question (MCQs): level of used input to achieve a determined level of output is termed as, for online business degree programs with options efficiency, effectiveness, growth evaluation, performance evaluation for business administration degree online. Learn direct cost variances and management control questions and answers with problem-solving skills assessment test for admission test preparation for admission in distance learning MBA. Price & Efficiency Variance Video

Quiz on Price & Efficiency Variance Worksheet 119Quiz PDF Download

Price & Efficiency Variance Quiz

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

  1. efficiency
  2. effectiveness
  3. growth evaluation
  4. performance evaluation

A

Data Collection & Adjustment Issues Quiz

MCQ: If coefficients are similar for two accounting periods, then single cost relationship is estimated with help of

  1. data of fixed cost
  2. cost driver of data
  3. pool of data
  4. cost object of data

C

Budget Indirect Costs & End of Financial Year Quiz

MCQ: An allocation approach, in which all overhead entries are restated using actual cost rates in place of budgeted rates is called

  1. unadjusted budget rate approach
  2. adjusted allocation rate approach
  3. unadjusted allocation rate approach
  4. adjusted budget rate approach

B

Manufacturing, Merchandising & Service Sector Companies Quiz

MCQ: Companies that are part of an industry of 'service providers' are

  1. manufacturing sector companies
  2. merchandising sector companies
  3. service sector companies
  4. raw material companies

C

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Relationship between independent variable and dependent variable must be

  1. general ledger
  2. non-achievable
  3. non measureable
  4. economically plausible

D