M C Q s D r i v e
03079682698
mcqsdrive@gmail.com
About
Contact

Contact Info

03079682698

mcqsdrive@gmail.com

Ad Banner

Management Sciences 5307 MCQs [All-Courses]

thumb

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

Every business transaction affects at least ________ accounts?
A One
B Two
C Three
D Infinite
Correct Answer: Two
The process of recording transactions in different journals is called_________?
A Posting
B Entry making
C Adjusting
D Journalizing
Correct Answer: Journalizing
General journal is a book of _______ entries?
A First
B Original
C Secondary
D Generic
Correct Answer: Original
The process of recording is done?
A Two times a year
B once a year
C Frequently during the accounting period
D At the end of a accounting period
Correct Answer: Frequently during the accounting period
Assets-Liabilities=____________?
A Cash
B Equity
C Net income
D Net expenses
Correct Answer: Equity
Current assets – Current liabilities=?
A Capital
B Absorbed capital
C Net assets
D Net working capital
Correct Answer: Net working capital
An increase in provision for bad debt will____________?
A Decrease net income
B Decrease liabilities
C Increase net income
D Increase liabilities
Correct Answer: Decrease net income
Depreciation decreases____________?
A Liabilities
B Cash
C Bank
D Capital
Correct Answer: Capital
Overhead cost is the total of ____________.
A all indirect costs.
B all direct costs.
C indirect and direct costs.
D all specific costs
Correct Answer: all indirect costs.
If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?
A $5,000
B $10,000
C $15,000
D $20,000
Correct Answer: $5,000
03079682698
mcqsdrive@gmail.com

Copyright @ 2026 MCQsDrive . All Rights Reserved.