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Price & Efficiency Variance Quiz Questions and Answers 119 PDF Download

Learn price & efficiency variance quiz online, cost accounting test 119 for online learning, distance learning courses. Free direct cost variances & management control quiz, price & efficiency variance quiz questions and answers to learn accounting quiz with answers. Practice tests for educational assessment on price and efficiency variance MCQs with answers, 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.

Free online price & efficiency variance course worksheet has multiple choice question: level of used input to achieve a determined level of output is termed as with options efficiency, effectiveness, growth evaluation and performance evaluation for online viva voce, competitive exams' preparation and online distance educational learning, study direct cost variances & management control multiple choice questions based quiz question and answers for admission test preparation for admission in distance learning MBA. Price & Efficiency Variance Video

Quiz on Price & Efficiency Variance Worksheet 119 Quiz 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