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Sales Volume Variance Quiz Questions and Answers 34 PDF eBook Download

Sales volume variance quiz, sales volume variance MCQs with answers, cost accounting test prep 34 for finance certifications to become financial operations analyst. Flexible budget and management control quiz questions and answers, sales volume variance multiple choice questions (MCQs) for online accounting degree. Free sales volume variance MCQs, budgets and budgeting cycle, cost accounts, contribution margin calculations, just in time purchasing, sales volume variance test prep for online schools for business administration.

Learn sales volume variance MCQ with multiple choice questions: if static budget amount is $9000, flexible budget amount is $20000, then sales volume variance will be, with choices $29,000, $11,000, $15,000, and $10,000 for online schools for business management. Learn flexible budget and management control questions and answers, problem-solving for merit scholarships assessment test for online bachelor degree programs in business administration. Sales Volume Variance Video

Quiz on Sales Volume Variance Worksheet 34 PDF eBook Download

Sales Volume Variance MCQ

MCQ: If static budget amount is $9000, flexible budget amount is $20000, then sales volume variance will be

  1. $29,000
  2. $11,000
  3. $15,000
  4. $10,000

B

Just In Time Purchasing MCQ

MCQ: Systematic flow of services, goods or information from buying material for product delivery to customers is known as

  1. supply chain
  2. value chain
  3. material flow chain
  4. manufacturing flow chain

A

Contribution Margin Calculations MCQ

MCQ: If gross margin is $2000 and revenue is $5000, then cost of goods sold would be

  1. −$8000
  2. $3,000
  3. −$3000
  4. $8,000

B

Cost Accounts MCQ

MCQ: Costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as

  1. carrying costs
  2. purchasing costs
  3. stock-out costs
  4. ordering costs

A

Budgets & Budgeting Cycle MCQ

MCQ: Type of budget, which is always available for specified period of future is called

  1. period budget
  2. batch budget
  3. discontinued budget
  4. continuous budget

D