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Sales margin variance due to sales quantities is measured as

A. Standard profit - Revised standard profit

B. Revised standard profit - Budgeted profit

C. Standard profit + Revised standard profit

D. Revised standard profit + Budgeted profit

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above