Q. The variance is the stated difference between expected performance and the

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Q. A costing system, which focuses on individual activities as the particular cost object is classified as

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Q. The difference between actual input variance and the budgeted input variance is called

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Q. An efficiency variance is 200 units and the actual input quantity is 500 units, then the budgeted input quantity will be

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Q. The performance is evaluated only on the basis of price variance, if the performance evaluation is

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Q. The budget which is planned around a single output level is called

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Q. The actual price of material is less than budgeted price, this means that

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Q. An actual rate paid to labor is greater than the budgeted rate, it means that the

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Q. If the flexible budget variance is $95000 and an actual cost is $40000, then the flexible budget cost would be

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Q. If a company uses large quantity of input than the budgeted quantity for output level, then the company is known to be

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Q. In cost accounting, the goal of variance analysis is to

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Q. In management control, an efficiency variance is also referred as

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Q. If an efficiency variance is 200 units and the actual input quantity is 750 units, then the budgeted input quantity will be

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Q. If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be

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Q. The budgeted input quantity is added in to efficiency variance to calculate

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Q. The static budget amount is subtracted from the actual result to calculate

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Q. The point at which the control functions and the planning of management come together is known as

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Q. The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate

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Q. The level of used input to achieve a determined level of output is termed as

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Q. The flexible budget variance is subtracted from actual cost to calculate

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