## 51. Actual price of material is less than budgeted price, this means that

## 52. An actual rate paid to labour is greater than budgeted rate, it means that the

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

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

## 55. In cost accounting, goal of variance analysis is to

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

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

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

## 59. Budgeted input quantity is added in to efficiency variance to calculate

## 60. Static budget amount is subtracted from actual result to calculate

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