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Management Sciences 5307 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called _____________?

A financial accounting

B management accounting

C cost accounting

D decision accounting

Review Detailed Answer

Correct Answer: management accounting

If the budgeted revenue is $20000 and the breakeven revenue is $15000, then the margin of safety will be __________?

A $35,000

B $13,000

C $5,000

D $10,000

Review Detailed Answer

Correct Answer: $5,000

The small residual terms and positive slope of line indicate ______________?

A badness proportions

B goodness proportion

C inversely proportion

D directly proportion

Review Detailed Answer

Correct Answer: directly proportion

An engineering of products or detailed planning of products or services is called ___________?

A product design

B research steps

C useful chain

D value added

Review Detailed Answer

Correct Answer: product design

If the total units of product A, B and C are as 200,300 and 400 respectively then the sales mix would be __________?

A 100 units

B 900 units

C 400 units

D 500 units

Review Detailed Answer

Correct Answer: 900 units

The individual variable coefficient’s multicollinearity leads to ___________?

A decrease in variance

B increase in variance error

C increase in standard error

D decrease in standard error

Review Detailed Answer

Correct Answer: increase in standard error

The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as ____________?

A material accounting

B cost accounting

C supplies accounting

D business accounting

Review Detailed Answer

Correct Answer: cost accounting

In costing and budgeting hierarchy, an example of product sustaining cost is __________?

A initial offering cost

B batch marketing cost

C product marketing cost

D product design cost

Review Detailed Answer

Correct Answer: product design cost

The constant variance is classified in assumptions testing as __________?

A homogenous

B homoscedasticity

C heteroscedasticity

D heterogeneous

Review Detailed Answer

Correct Answer: homoscedasticity

The function of plant manager, in which he is responsible for new assets investment is termed as _____________?

A line function

B staff function

C asset function

D investment function

Review Detailed Answer

Correct Answer: line function

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called _____________?

If the budgeted revenue is $20000 and the breakeven revenue is $15000, then the margin of safety will be __________?

The small residual terms and positive slope of line indicate ______________?

An engineering of products or detailed planning of products or services is called ___________?

If the total units of product A, B and C are as 200,300 and 400 respectively then the sales mix would be __________?

The individual variable coefficient’s multicollinearity leads to ___________?

The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as ____________?

In costing and budgeting hierarchy, an example of product sustaining cost is __________?

The constant variance is classified in assumptions testing as __________?

The function of plant manager, in which he is responsible for new assets investment is termed as _____________?