Question # 65

Which variance measures the difference between the actual quantity of input used and the standard quantity allowed, multiplied by the standard price?

Options:

A.

Price variance

B.

Efficiency variance

C.

Spending variance

D.

Mix variance

Viewing question 65 out of 72 questions
Industry research shows that students who utilize CMA Part 1 practice tests are significantly more likely to pass exam.


Our free CMA Part 1 practice questions act as a diagnostic tool to give you a clear snapshot of your Certified Management Accountant Part 1 readiness. Discover which topics are your strengths and, more importantly, which critical topics require your immediate attention.