Accounting MCQs

1590 MCQs  (Page 91 of 159)

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An effect of fixed cost to change in operating income is classified as ___________?
A. Uncertain margin
B. Certain margin
C. Operating margin
D. Operating leverage
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The type of distribution, which consists of alternative outcomes and probabilities of events is classified as _____________?
A. Event table
B. Outcome table
C. Decision table
D. Probability table
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If the budgeted sales in unit is 50 and the breakeven sales in unit is 12, then the margin of safety in units will be __________?
A. 62
B. 38
C. 48
D. 58
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The contribution margin is $34000 and the operating income is $12000, then the degree of operating leverage will be __________?
A. 4.84
B. 2.84
C. 3.84
D. 5.84
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The gross margin is added to the cost of sold goods to calculate: ____________?
A. Revenues
B. Selling price
C. Unit price
D. Bundle price
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If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be _________?
A. −$8000
B. $3,000
C. −$3000
D. $8,000
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The fixed cost is added to target operating income and then divided to contribute margin per unit to calculate _________?
A. Quantity of units required to sold
B. Selling of units
C. Sold units
D. Contributed units
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The type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as ____________?
A. Mutual distribution
B. Probability distribution
C. Collective distribution
D. Marginal distribution
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The fixed cost is divided by break-even revenues to calculate _____________?
A. Cost margin
B. Fixed margin
C. Revenue margin
D. Contribution margin
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If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be ___________?
A. $13,000
B. −$13000
C. $3,000
D. −$3000
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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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