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MCQs

Total Questions : 195 | Page 20 of 20 pages
Question 191. The static budget amount is subtracted from the actual result to calculate
  1.    static budget receipts
  2.    static budget deviation
  3.    static budget variance
  4.    multiple budget variance
 Discuss Question
Answer: Option C. -> static budget variance
Answer: (c).static budget variance
Question 192. The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate
  1.    efficiency deviation
  2.    efficiency variance
  3.    budgeted variance
  4.    usage variance
 Discuss Question
Answer: Option B. -> efficiency variance
Answer: (b).efficiency variance
Question 193. The level of used input to achieve a determined level of output is termed as
  1.    efficiency
  2.    effectiveness
  3.    growth evaluation
  4.    performance evaluation
 Discuss Question
Answer: Option A. -> efficiency
Answer: (a).efficiency
Question 194. The flexible budget variance is subtracted from actual cost to calculate
  1.    flexible budget cost
  2.    flexible investment cost
  3.    static budget cost
  4.    static variable cost
 Discuss Question
Answer: Option A. -> flexible budget cost
Answer: (a).flexible budget cost
Question 195. The point at which the control functions and the planning of management come together is known as
  1.    functioning
  2.    variance
  3.    variation
  4.    deviation
 Discuss Question
Answer: Option B. -> variance
Answer: (b).variance

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