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Accounting: Operating Income Quiz Questions and Answers 47 PDF Download

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Quiz on Accounting: Operating Income Worksheet 47Quiz PDF Download

Accounting: Operating Income Quiz

MCQ: An effect of fixed cost to change in operating income is classified as

  1. uncertain margin
  2. certain margin
  3. operating margin
  4. operating leverage


Breakeven Point & Target Income Quiz

MCQ: Target operating income is multiplied to tax rate and then subtracted from target operating income to calculate

  1. target net cost
  2. target net income
  3. target net gain
  4. target net loss


Use of Variances Quiz

MCQ: Variance is stated difference between expected performance and the

  1. revenue planning
  2. actual results
  3. marketing results
  4. cost planning


Weighted Average Method Quiz

MCQ: If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

  1. 1800 units
  2. 2300 units
  3. 10300 units
  4. 1500 units


Quality: Competitive Tool Quiz

MCQ: Basic aspects of product quality must include the

  1. design quality
  2. conformance quality
  3. scorecard quality
  4. both a and b