Question 22
Question 22 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
2. Cost and management ac...
2.1. Costs and cost behaviour

accounting for material and labour costs

4. Cost and management ac...
4.3. Budgeting and budgetary contro...

how to prepare a statement reconciling the flexible budgeted cost of production with the actual cost of production

4. Cost and management ac...
4.2. Standard costing

how to calculate the following variances: direct material price and usage, direct labour rate and efficiency, fixed overhead expenditure and volume, fixed overhead capacity and efficiency sub-variances, sales price and volume