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Flexible Budget: Cost Accounting Quiz Questions and Answers 24 PDF Download

Flexible budget cost accounting quiz questions and answers, flexible budget cost accounting online learning, MBA accounting test prep 24 for distance education eCourses. Undergraduate degree and master's degree eCourses MCQs on flexible budget and management control quiz, flexible budget cost accounting multiple choice questions to practice accounting quiz with answers. Learn flexible budget: cost accounting MCQs, career aptitude test on make versus buy decisions, inventory costing methods, management accounting guidelines, break even point, flexible budget: cost accounting test for online university degree courses distance learning.

Practice flexible budget cost accounting career test with multiple choice question (MCQs): if actual selling price is $500, actual result is $250 and actual units sold are 350, then selling price variance will be, for e-learning degree certificate with options $87,500, $97,500, $67,500, $57,500 for online college business degree. Learn flexible budget and management control questions and answers with problem-solving skills assessment test for BBA subjects preparation for business school students. Flexible Budget: Cost Accounting Video

Quiz on Flexible Budget: Cost Accounting Worksheet 24Quiz PDF Download

Flexible Budget: Cost Accounting Quiz

MCQ: If actual selling price is $500, actual result is $250 and actual units sold are 350, then selling price variance will be

  1. $87,500
  2. $97,500
  3. $67,500
  4. $57,500

A

Break Even Point Quiz

MCQ: Fixed cost is divided by break-even revenues to calculate

  1. cost margin
  2. fixed margin
  3. revenue margin
  4. contribution margin

D

Management Accounting Guidelines Quiz

MCQ: An accounting approach, in which expected benefits exceed expected cost is classified as

  1. benefit approach
  2. cost approach
  3. cost-benefit approach
  4. accounting approach

C

Inventory Costing Methods Quiz

MCQ: An approach in which restating amounts, in general ledgers by using actual cost rates, is classified as

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

B

Make versus Buy Decisions Quiz

MCQ: Factor, which is largely considered in making or buying decisions is

  1. quality of suppliers
  2. dependability of suppliers
  3. production irrelevancy
  4. both a and b

D