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Management Sciences 5307 MCQs [All-Courses]

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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.

All Topics  5307

An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as _____________?
A manufacturing analysis method
B price analysis method
C unit analysis method
D account analysis method
Correct Answer: account analysis method
The cost management technique which specially addresses strategic issues is classified as ____________?
A address management
B issue management
C strategic cost management
D managerial cost
Correct Answer: strategic cost management
The flexible budget variance is subtracted from actual cost to calculate ___________?
A flexible budget cost
B flexible investment cost
C static budget cost
D static variable cost
Correct Answer: flexible budget cost
An estimation of relationship between two or more independent variables and the dependent variables are classified as ____________?
A One variable series
B multiple regression
C simple regression
D Two way regression
Correct Answer: multiple regression
In value chain analysis, the delivery of services or products to end customers is classified as _____________?
A resource research
B market research
C utilization
D distribution
Correct Answer: distribution
The level of used input to achieve a determined level of output is termed as ____________?
A efficiency
B effectiveness
C growth evaluation
D performance evaluation
Correct Answer: efficiency
The second step for estimation of cost function by using quantitative analysis is to ___________?
A choose independent variable
B choose cost estimation method
C choose price estimation method
D choose dependent variable
Correct Answer: choose independent variable
In cost benefit approach, the type of costs include ____________?
A cost of ongoing operations
B investments in physical assets
C training of managers
D all of above
Correct Answer: all of above
The point at which the control functions and the planning of management come together is known as ______________?
A functioning
B variance
C variation
D deviation
Correct Answer: variance
An estimation of relationship between one independent variable and the dependent variable is known as ___________?
A simple regression
B Two way regression
C One variable series
D multiple regression
Correct Answer: simple regression
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