Use of Variances MCQs Quiz Online PDF Download

Learn use of variances MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice direct cost variances and management control multiple choice questions (MCQs), use of variances quiz questions and answers. GMAT test prep on use of variances tutorials for online advanced cost accounting courses distance learning.

Study bachelors and masters in accounting degree MCQs: consideration of decreased operating income relative to budgeted amount, in static budget is classified as, for online courses with choices revenue variance, cost variance, favorable variance, unfavorable variance for online business manager interview questions and answers with BBA, MBA competitive exam tests. Free skills assessment test is for online learn use of variances quiz questions with MCQs, exam preparation questions and answers with ePortal education technology for e-learning distance education. Use of Variances Video

MCQs on Use of VariancesQuiz PDF 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