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Management Financial and Cost Accounting Quizzes Online MCQs PDF Download eBook

Management Financial and Cost Accounting quiz questions, management financial and cost accounting multiple choice questions and answers PDF 206 to learn accounting course for online certification. Practice Management Accounting in Organization quiz with answers, management financial and cost accounting Multiple Choice Questions (MCQ) for online accounting degree. Free management, financial and cost accounting MCQs, breakeven point and target income, price and efficiency variance, management, financial and cost accounting test prep for online college classes.

"An accounting which records and measures the business transactions and is followed by generally accepted accounting principles is classified as", management financial and cost accounting Multiple Choice Questions (MCQ) with choices internal accounting, external accounting, business accounting, and financial accounting to learn distance learning courses. Learn management accounting in organization questions and answers to improve problem solving skills for online degrees. Management Financial & Cost Accounting Video

Management Financial & Cost Accounting Questions and Answers PDF Download eBook

Management, Financial and Cost Accounting Quiz

MCQ: An accounting which records and measures the business transactions and is followed by generally accepted accounting principles is classified as

  1. external accounting
  2. internal accounting
  3. business accounting
  4. financial accounting

D

Price and Efficiency Variance Quiz

MCQ: If an actual price of material is $700 and the budgeted price is $900, then the

  1. cost variance is favorable
  2. cost variance is unfavorable
  3. price variance is favorable
  4. price variance is unfavorable

C

Breakeven Point and Target Income Quiz

MCQ: If the margin of safety is $35000 and the budgeted revenue is $80000, then the margin of safety in percentage will be

  1. 32.75%
  2. 43.75%
  3. 53%
  4. 22%

B

Total Costs and Unit Costs Quiz

MCQ: If the cost per unit is $70 and the total number of units manufactured in company are 6000, then the total manufacturing cost would be

  1. $240,000.00
  2. $320,000
  3. $210,000
  4. $420,000

D

Breakeven Point and Target Income Quiz

MCQ: If the contribution margin per unit is $500 and the contribution margin percentage is 25%, then the selling price will be

  1. $2,000
  2. $5,250
  3. $4,280
  4. $3,860

A