
Quiz #3 Management Accounting
Authored by Risca Dj
Business
2nd Grade
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What Key Terminology Budget to Prepare Performance Analysis, except?
Planning Budget
Actual Budget
Flexible Budget
Variances Budget
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How to determine the flexible budget?
Budgeted Quantity x Budgeted Price
Actual Quantity x Budgeted Price
Actual Quantity x Actual Price
Budgeted Quantity x Actual Price
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is Favorable (F)?
Revenue Increased, Spending Increased
Revenue Increased, Spending Decreased
Revenue Decreased, Spending Increased
Revenue Decreased, Spending Decreased
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is UnFavorable (U)?
Revenue Increased, Spending Increased
Revenue Increased, Spending Decreased
Revenue Decreased, Spending Increased
Revenue Decreased, Spending Decreased
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To prepare a flexible budget can be adjusted to recognize multiple cost drivers, which cost driver may not be needed to adequately of the cost in organization?
Wages and salaries
Gasoline and supplies
Office and shop rent
Equipment maintenance
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Decentralization is another form of organizational structure that functions by delegating decision-making capabilities to multiple teams across geographies.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is responsibility accounting various types, except?
Cost Center
Asset Center
Profit Center
Investment Center
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