Accounting MCQs — Test 31
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Question 1
An effect of fixed cost to change in operating income is classified as ___________?
Question 2
The type of distribution, which consists of alternative outcomes and probabilities of events is classified as _____________?
Question 3
If the budgeted sales in unit is 50 and the breakeven sales in unit is 12, then the margin of safety in units will be __________?
Question 4
The contribution margin is $34000 and the operating income is $12000, then the degree of operating leverage will be __________?
Question 5
The gross margin is added to the cost of sold goods to calculate: ____________?
Question 6
If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be _________?
Question 7
The fixed cost is added to target operating income and then divided to contribute margin per unit to calculate _________?
Question 8
The type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as ____________?
Question 9
The fixed cost is divided by break-even revenues to calculate _____________?
Question 10
If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be ___________?