Question

The difference between the Standard Cost of actual output and the Actual Cost incurred is the:

A Volume Variance
B Total Cost Variance
C Price Variance
D Efficiency Variance
E Budget Variance
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)