Accounting MCQs

1590 MCQs  (Page 126 of 159)

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Evaluation criteria of regression equation must be considered as ____________?
A. Goodness of fit
B. Economic plausibility
C. Significance of independent variable
D. All of above
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If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be __________?
A. $3,000
B. $300
C. $4,700
D. $4,500
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The cost of particular cost object which cannot be traced in economically plausible way is termed as __________?
A. Indirect cost
B. Partial cost
C. Benchmark cost
D. Direct cost
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In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as __________?
A. Customer sustaining costs
B. Customer output unit-level costs
C. Customer batch-level costs
D. Corporate sustaining costs
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In the static budget, the difference between corresponding budgeted amount and actual result is called ____________?
A. Sales mix variance
B. Sales volume variance
C. Flexible budget variance
D. Static budget variance
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If the flexible budget amount is $7500 and the sales volume variance is $6500, then the static budget amount would be ____________?
A. $7,500
B. $6,500
C. $1,000
D. $10,000
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The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. Customer level indirect costs
B. Customer level direct costs
C. Corporate level direct costs
D. Corporate level indirect costs
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In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified as _____________?
A. Customer sustaining costs
B. Customer output unit-level costs
C. Customer batch-level costs
D. Corporate sustaining costs
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The executive salaries, rent and other general administration cost in corporate costs are classified under ___________?
A. Human resource management costs
B. Corporate administration costs
C. Treasury costs
D. Discretionary costs
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The difference between static budget amount and the flexible budget amount is named as ___________?
A. Sales mix variance
B. Sales volume variance
C. Flexible budget variance
D. Static budget variance
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Word of the Day
22 Jul
Combative
ready or eager to fight or argue.
لڑاکا، متنازع، جھگڑالو

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