Sail E0 Webinar

MCQs

Total Questions : 195 | Page 14 of 20 pages
Question 131. If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under
  1.    lesser effective
  2.    greater efficiency
  3.    smaller efficiency
  4.    greater effective
 Discuss Question
Answer: Option B. -> greater efficiency
Answer: (b).greater efficiency
Question 132. If the static budget variance is $46000 and the static budget amount is $15000, then an actual result would be
  1.    $80,000
  2.    $71,000
  3.    $61,000
  4.    $31,000
 Discuss Question
Answer: Option D. -> $31,000
Answer: (d).$31,000
Question 133. If the budgeted input quantity is 350 units and efficiency variance is 100, then an actual input quantity will be
  1.    250 units
  2.    450 units
  3.    550 units
  4.    650 units
 Discuss Question
Answer: Option B. -> 450 units
Answer: (b).450 units
Question 134. If the price variance is $20 and the budgeted input price is $70, then an actual price will be
  1.    $90
  2.    $50
  3.    −$50
  4.    $100
 Discuss Question
Answer: Option A. -> $90
Answer: (a).$90
Question 135. If the budgeted input price is $80 and the price variance is $40, then an actual price will be
  1.    $20
  2.    $120
  3.    $40
  4.    $60
 Discuss Question
Answer: Option B. -> $120
Answer: (b).$120
Question 136. An unfavorable variance in static budget is also known as
  1.    favorable variance
  2.    adverse variance
  3.    adverse standard deviation
  4.    unfavorable variance
 Discuss Question
Answer: Option B. -> adverse variance
Answer: (b).adverse variance
Question 137. If the price variance is $30 and the budgeted input price is $80, then an actual price would be
  1.    −$110
  2.    −$50
  3.    $110
  4.    $50
 Discuss Question
Answer: Option C. -> $110
Answer: (c).$110
Question 138. If the actual cost is $265000 and the flexible budget cost is $156000, then the flexible budget variance will be
  1.    $409,000
  2.    $109,000
  3.    $209,000
  4.    $309,000
 Discuss Question
Answer: Option B. -> $109,000
Answer: (b).$109,000
Question 139. Static budget variance for operating income is added in to static budget amount to calculate
  1.    actual result
  2.    expected results
  3.    expected cost
  4.    expected revenue
 Discuss Question
Answer: Option A. -> actual result
Answer: (a).actual result
Question 140. In management control, the point of reference for making the comparisons of performance is
  1.    focused performance
  2.    merchandise performance
  3.    distribution performance
  4.    expected performance
 Discuss Question
Answer: Option D. -> expected performance
Answer: (d).expected performance

Latest Videos

Latest Test Papers