Management · all questions

Management Accounting
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Q321

If sales volume variance is

8500 an d s t a t i c b u d g e t am o u n t i s

2000, then flexible budget amount would be

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Q322

Difference between static budget amount and flexible budget amount is named as

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Q323

Corporate sustaining costs and distribution channel costs are also classified as

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Q324

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

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Q325

If an actual result is

5500 an d cor r es p o n d in g am o u n t o f f l e x ib l e b u d g e t o nba s i so f a c t u a l l e v e l o f o u tp u t i s

3500, then flexible budget variance will be

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Q326

If flexible budget amount is

7500 an d s a l es v o l u m e v a r ian ce i s

6500, then static budget amount would be

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Q327

For increasing sales, decrease in selling price below selling price list is known as

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Q328

Customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as

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Q329

If budgeted contribution margin for budgeted and actual sales mix are

35000 an d

27000, then sales mix variance will be

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Q330

In corporate costs, cost incurred to finance construction of new equipment are classified as

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Q331

In static budget, difference between corresponding budgeted amount and actual result is called

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Q332

An analysis and reporting of revenues earned, and incurred costs to earn these revenues from customers is classified as

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Q333

Cost of particular cost object which cannot be traced in economically plausible way is termed as

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Q334

Division of all costs related to customers on basis of different cost allocation bases or cost drivers is called

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Q335

In customer cost hierarchy, costs of all incurred activities to sell a unit of product are classified as

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Q336

Which of following do not include among major categories of corporate costs?

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Q337

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

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Q338

If an actual result in static budget is

2500 an d cor r es p o n d in g b u d g e t e d am o u n t i s

2200, then static budget variance will be

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Q339

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

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Q340

Pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as

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