Sales volume variance quiz questions, sales volume variance MCQs with answers, MBA accounting test prep 34 to learn MBA accounting degree online courses. Flexible budget and management control quiz questions and answers, sales volume variance multiple choice questions (MCQs) to practice accounting quiz with answers for online colleges and universities courses. Learn sales volume variance MCQs, cost accounts, contribution margin calculations, just in time purchasing, sales volume variance test prep for CPA certification.

Learn sales volume variance test with multiple choice question (MCQs): 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 business management classes online. Learn flexible budget and management control questions and answers for problem-solving, merit scholarships assessment test for finance certifications. Sales Volume Variance Video

Sales Volume Variance Quiz

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

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 Quiz

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 Quiz

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

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

A

Budgets & Budgeting Cycle Quiz

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