Use of Variances MCQs Questions and Answers PDF Book Download

Use of variances multiple choice questions (MCQs), use of variances quiz answers to learn accounting courses online. Direct cost variances and management control MCQs, use of variances quiz questions and answers for business degree online classes. Learn price and efficiency variance, static budget: cost accounting, use of variances test prep for financial business analyst certification.

Learn direct cost variances and management control test MCQs: consideration of decreased operating income relative to budgeted amount, in static budget is classified as, with choices revenue variance, cost variance, favorable variance, and unfavorable variance for business degree online classes. Practice assessment test for scholarships, online learning use of variances quiz questions for competitive assessment in business majors for financial business analyst certification. Use of Variances Video

MCQ on Use of VariancesQuiz Book Download

MCQ: Consideration of decreased operating income relative to budgeted amount, in static budget is classified as

  1. revenue variance
  2. cost variance
  3. favorable variance
  4. unfavorable variance

D

MCQ: Variance is stated difference between expected performance and the

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

B

MCQ: Budget which is planned around a single output level is called

  1. marketing budget
  2. methodological budget
  3. static budget
  4. varied budget

C

MCQ: Static budget amount is subtracted from actual result to calculate

  1. static budget receipts
  2. static budget deviation
  3. static budget variance
  4. multiple budget variance

C

MCQ: If an actual result is $50000 and static budget variance is $25000, then static budget amount will be

  1. $75,000
  2. $25,000
  3. $35,000
  4. $45,000

B