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Flexible Budget Variance Quiz Questions and Answers 130 PDF Download

Learn flexible budget variance quizzes, MBA cost accounting online test 130 for distance learning degrees, online MBA courses. College and university courses' MCQs on flexible budget & management control quiz, flexible budget variance multiple choice questions and answers to learn accounting quiz with answers. Practice flexible budget variance MCQs career test assessment on contribution margin versus gross margin, make versus buy decisions, gross margin calculations, concept of relevance, flexible budget variance practice test for online accountancy school courses distance learning.

Study BBA degree and executive MBA degree in accounting questions, flexible budget variance course online has multiple choice question (MCQs): if static budget is $405000 and flexible budget amount is $620000, then sales budget variance will be with options $215,000 , $315,000 , $415,000 and $515,000 for online business consultant interview questions and answers with BBA, MBA practice tests. Learn flexible budget & management control quiz questions with problem solving skills assessment test to prepare admission test for admission in 1 year MBA program. Flexible Budget Variance Video

Quiz on Flexible Budget Variance Worksheet 130Quiz PDF Download

Flexible Budget Variance Quiz

MCQ: If static budget is $405000 and flexible budget amount is $620000, then sales budget variance will be

  1. $215,000
  2. $315,000
  3. $415,000
  4. $515,000

A

Concept of Relevance Quiz

MCQ: Type of outcomes that can be measured in numerical terms are classified as

  1. qualitative factors
  2. quantitative factors
  3. expected factors
  4. recorded factors

B

Gross Margin Calculations Quiz

MCQ: If contribution margin per unit is $40 per unit and selling price is $200, then contribution margin percentage would be

  1. 20%
  2. 10%
  3. 22%
  4. 16%

A

Make versus Buy Decisions Quiz

MCQ: Low level managers in organizations are to make decisions about

  1. net income irrelevancy
  2. operating income maximization
  3. operating income minimization
  4. operating income relevancy

B

Contribution Margin versus Gross Margin Quiz

MCQ: If gross margin is $9000 and cost of goods sold is $8000 then revenue will be

  1. $1,000
  2. −$1000
  3. $17,000
  4. −$17000

C