Accounting MCQs

1590 MCQs  (Page 97 of 159)

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If the static budget variance is $38000 and the static budget amount is $12000, then an actual result would be _____________?
A. $36,000
B. $60,000
C. $26,000
D. $50,000
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The determined price at which the company expects to pay for every single unit is called ___________?
A. Standard price
B. Input price
C. Actual input
D. Output price
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In the budget hierarchy, the material handling cost is ___________?
A. Fixed manufacturing cost
B. Batch level cost
C. Per unit cost
D. Factory overall cost
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Static budget variance for operating income is added in to static budget amount to calculate __________?
A. Actual result
B. Expected results
C. Expected cost
D. Expected revenue
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If the price variance is $30 and the budgeted input price is $80, then an actual price would be _____________?
A. −$110
B. −$50
C. $110
D. $50
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If the price variance is $20 and the budgeted input price is $70, then an actual price will be ____________?
A. $90
B. $50
C. −$50
D. $100
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If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under ____________?
A. Lesser effective
B. Greater efficiency
C. Smaller efficiency
D. Greater effective
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If the budgeted input quantity is 350 units and efficiency variance is 100, then an actual input quantity will be __________?
A. 250 units
B. 450 units
C. 550 units
D. 650 units
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The master budget, which is based on the planned output level at the start of budget period is considered as ____________?
A. Static budget
B. Varied budget
C. Marketing budget
D. Methodological budget
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If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be __________?
A. $4,000
B. $6,000
C. $8,000
D. $10,000
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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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