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Accounting MCQs with Answers

In customer cost hierarchy, the costs of those activities that cannot be traced to distribution channels or individual customers are called ___________?

April 20, 2025 by admin

A. discretionary channel costs B. corporate-sustaining costs C. distribution-channel costs D. engineered resource costs

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In customer cost hierarchy, the costs of individual customer support activities are classified as ____________?

April 20, 2025 by admin

A. discretionary channel costs B. corporate-sustaining costs C. distribution-channel costs D. customer-sustaining costs

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The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as ____________?

April 20, 2025 by admin

A. sales mix variance B. sales volume variance C. flexible budget variance D. static budget variance

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In customer cost hierarchy, the cost of activities related to specific channel of distribution is classified as

April 20, 2025 by admin

A. discretionary channel costs B. corporate-sustaining costs C. distribution-channel costs D. engineered resource costs

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The difference between corresponding static budget and flexible budget amount is called __________?

April 20, 2025 by admin

A. sales volume variance B. sales mix variance C. sales quantity variance D. market share variance

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The executive salaries, rent and other general administration cost in corporate costs are classified under ___________?

April 20, 2025 by admin

A. human resource management costs B. corporate administration costs C. treasury costs D. discretionary costs

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The difference between static budget amount and the flexible budget amount is named as ___________?

April 20, 2025 by admin

A. sales mix variance B. sales volume variance C. flexible budget variance D. static budget variance

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In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified as _____________?

April 20, 2025 by admin

A. customer sustaining costs B. customer output unit-level costs C. customer batch-level costs D. corporate sustaining costs

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If the flexible budget amount is $7500 and the sales volume variance is $6500, then the static budget amount would be ____________?

April 20, 2025 by admin

A. $7,500 B. $6,500 C. $1,000 D. $10,000

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The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

April 20, 2025 by admin

A. customer level indirect costs B. customer level direct costs C. corporate level direct costs D. corporate level indirect costs

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