Static Budget Variance Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as

1. sales mix variance
2. sales volume variance
3. flexible budget variance
4. static budget variance

MCQ 2: If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be

1. $6,200
2. $1,700
3. $17,000
4. $4,500

MCQ 3: The difference between corresponding static budget and flexible budget amount is called

1. sales volume variance
2. sales mix variance
3. sales quantity variance
4. market share variance

MCQ 4: If the sales volume variance is $8500 and the static budget amount is $2000, then the flexible budget amount would be

1. $6,500
2. $6,600
3. $6,700
4. $6,800

MCQ 5: The difference between static budget amount and the flexible budget amount is named as

1. sales mix variance
2. sales volume variance
3. flexible budget variance
4. static budget variance