Accounting MCQs

1590 MCQs  (Page 129 of 159)

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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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An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as __________?
A. Partial productivity analysis
B. Treasury cost analysis
C. Customer profitability analysis
D. Customer cost analysis
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In corporate costs, the costs incur for employee recruitment, development and training are classified as _______?
A. Discretionary costs
B. Human resource management costs
C. Corporate administration costs
D. Treasury costs
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If the budgeted contribution margin for budgeted and actual sales mix are $35000 and $27000, then the sales mix variance will be _________?
A. $8,000
B. $80,000
C. $62,000
D. $35,000
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For increasing sales, the decrease in selling price, below the selling price list is known as _________?
A. Partial discount
B. Corporate discount
C. Treasury discount
D. Price discount
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If an actual result is $5500 and corresponding amount of flexible budget on the basis of actual level of output is $3500, then flexible budget variance will be ___________?
A. $2,500
B. $5,500
C. $3,500
D. $2,000
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The corporate sustaining costs and distribution channel costs are also classified as _________?
A. Indirect costs
B. Variable costs
C. Fixed costs
D. Direct costs
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If the sales volume variance is $8500 and the static budget amount is $2000, then the flexible budget amount would be ___________?
A. $6,500
B. $6,600
C. $6,700
D. $6,800
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If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be __________?
A. $6,200
B. $1,700
C. $17,000
D. $4,500
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The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified 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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