Accounting MCQs

1590 MCQs  (Page 93 of 159)

Attempt Accounting MCQs Quiz
In costing and budgeting hierarchy, an example of product sustaining cost is __________?
A. Initial offering cost
B. Batch marketing cost
C. Product marketing cost
D. Product design cost
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If the actual result is $65000 and the static budget variance is $35000, then the static budget amount will be _____________?
A. $30,000
B. $100,000
C. $200,000
D. $30,000
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An expected performance of the company is also known as ____________?
A. Price requirements
B. Supply requirements
C. Budgeted performance
D. Demand requirements
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In management control, the point of reference for making the comparisons of performance is ___________?
A. Focused performance
B. Merchandise performance
C. Distribution performance
D. Expected performance
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If the actual payment to labor is $1200 and the budgeted rate is $1000, then the labor price variance would be __________?
A. Less than zero
B. Equal to zero
C. Favorable
D. Unfavorable
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An unfavorable variance in static budget is also known as _________?
A. Favorable variance
B. Adverse variance
C. Adverse standard deviation
D. Unfavorable variance
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If the actual cost is $265000 and the flexible budget cost is $156000, then the flexible budget variance will be ___________?
A. $409,000
B. $109,000
C. $209,000
D. $309,000
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If the static budget variance is $46000 and the static budget amount is $15000, then an actual result would be ___________?
A. $80,000
B. $71,000
C. $61,000
D. $31,000
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If the budgeted input price is $80 and the price variance is $40, then an actual price will be ___________?
A. $20
B. $120
C. $40
D. $60
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The price variance for direct manufacturing labor is referred as ___________?
A. Direct variance
B. Rate variance
C. Labor variance
D. Manufacturing variance
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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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