Learn static budget cost accounting MCQs, cost accounting test for online learning courses, test prep to practice test. Flexible budget and management control quiz has multiple choice questions (MCQ), static budget cost accounting quiz questions and answers, sales volume variance, static budget: cost accounting tutorials for online bachelor degree accounting courses distance learning.

Cost accounting practice test MCQ: if sales budget variance is \$57000 and flexible budget amount is \$97000, then static budget amount will be with choices \$40,000 , \$154,000 , \$164,000 and \$124,000 with online eLearning for international exams' preparation like GMAT exam for good GMAT scores. Free study guide is for online learning static budget cost accounting quiz with MCQs to practice test questions with answers. Static Budget: Cost Accounting Video

MCQ: If sales budget variance is \$57000 and flexible budget amount is \$97000, then static budget amount will be

1. \$40,000
2. \$154,000
3. \$164,000
4. \$124,000

A

MCQ: Difference between an actual budget and corresponding amount in static budget is classified as

1. correspondent budget
2. full budget variance
3. methodology variance
4. static budget variance

D

MCQ: If an actual result is \$250000 and static budget amount is \$150000, then static budget variance for operating income will be

1. \$400,000
2. \$500,000
3. \$100,000
4. \$600,000

C

MCQ: Difference between flexible budget amount and corresponding static budget amount is classified as

1. sales revenue variance
2. cost profit variance
3. profit volume variance
4. sales volume variance

D

MCQ: An unfavorable variance in static budget is also known as

1. favorable variance