For increasing sales, the decrease in selling price, below the selling price list is known as _________?
A. partial discount B. corporate discount C. treasury discount D. price discount
Accounting MCQs with Answers
In corporate costs, the costs incur for employee recruitment, development and training are classified as _______?
A. discretionary costs B. human resource management costs C. corporate administration costs D. treasury costs
If the budgeted contribution margin for budgeted and actual sales mix are $35000 and $27000, then the sales mix variance will be _________?
A. $8,000 B. $80,000 C. $62,000 D. $35,000
In the static budget, the difference between corresponding budgeted amount and actual result is called __________?
A. sales mix variance B. sales volume variance C. flexible budget variance D. static budget variance
An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as __________?
A. partial productivity analysis B. treasury cost analysis C. customer profitability analysis D. customer cost analysis
In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as _________?
A. customer sustaining costs B. customer output unit-level costs C. customer batch-level costs D. corporate sustaining costs
If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be _________?
A. $3,000 B. $300 C. $4,700 D. $4,500
In customer cost hierarchy, the costs of individual customer support activities are classified as __________?
A. discretionary channel costs B. corporate-sustaining costs C. distribution-channel costs D. customer-sustaining costs
In corporate costs, the costs incur for employee recruitment, development and training are classified as __________?
A. discretionary costs B. human resource management costs C. corporate administration costs D. treasury costs
If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be _________?
A. $6,200 B. $1,700 C. $17,000 D. $4,500