Accounting MCQs

1590 MCQs  (Page 84 of 159)

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The measure which provides the feedback on manager’s performance, considering individual aspects only is classified as ___________?
A. Effectively measure
B. Lump sum measure
C. Non-financial measures
D. Financial measures
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If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be ____________?
A. $518,750
B. $418,750
C. $218,750
D. $318,750
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If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be __________?
A. $142,500
B. $112,500
C. $122,500
D. $132,500
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An unfavorable volume-production variance is used to measure the amount of __________?
A. Fixed setup cost
B. Total setup cost
C. Variable setup cost
D. Total overhead cost
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A cost, consists of some fixed and some variable cost with respect to machine setup hours is termed as _________?
A. Setup cost
B. Batch cost
C. Facility cost
D. Lump sum cost
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If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be __________?
A. $16,500
B. $15,500
C. $14,500
D. $13,500
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If an actual cost incurred is $627500, the flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be _________?
A. $218,750
B. $238,750
C. $258,750
D. $268,750
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The process of ensuring preventive measure to be done in all machines is classified as _________?
A. Potential price response
B. Potential cost response
C. Potential budget response
D. Potential management response
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An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then the variable overhead efficiency variance is ___________?
A. $39,000
B. $49,000
C. $59,000
D. $73,000
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The step of installing production scheduling procedure, to improve plant operations is considered as __________?
A. Potential cost response
B. Potential budget response
C. Potential management response
D. Potential price response
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Word of the Day
18 Jul
Proactive
(of a person or action) creating or controlling a situation rather than just responding to it after it has happened.
فعال، پیش قدمی کے ذریعے صورتحال پر قابو پانیوالا

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