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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.

A helpful technique, for accurate forecasts about costs to be incurred in future is a part of ___________?

A unit estimation

B production estimation

C cost estimation

D price estimation

Review Detailed Answer

Correct Answer: cost estimation

A process by which employees can make decisions is divided by total number of processes to calculate ____________?

A employee turnover ratio

B employee empowerment ratio

C employee satisfaction ratio

D employee training percentage

Review Detailed Answer

Correct Answer: employee empowerment ratio

The range in which relationship exists between level of activity or total cost is called ___________?

A functional range

B relevant range

C unit range

D related range

Review Detailed Answer

Correct Answer: relevant range

The basic aspects of product quality must include the ____________?

A design quality

B conformance quality

C scorecard quality

D both A and D

Review Detailed Answer

Correct Answer: both A and D

The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as ___________?

A continuously variable cost function

B fixed cost function

C mixed cost function

D semi variable cost function

Review Detailed Answer

Correct Answer: continuously variable cost function

The revenues are subtracted from the cost of direct materials of sold goods is to calculate _________?

A throughput contribution

B operating cost contribution

C operating contribution

D marginal contribution

Review Detailed Answer

Correct Answer: throughput contribution

The relationship between cost and cost drivers is _________?

A stationary

B not stationary

C intrinsic

D extrinsic

Review Detailed Answer

Correct Answer: stationary

The fishbone diagram is an example of _________?

A relevant costing diagram

B cause and effect diagram

C control chart

D Pareto diagram

Review Detailed Answer

Correct Answer: cause and effect diagram

An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as __________?

A abnormality of residuals

B normality of regression

C normality of residuals

D abnormality of regression

Review Detailed Answer

Correct Answer: normality of residuals

The quality aspect, that refers how well the product fulfills the customer demands, is classified as __________?

A learning quality

B design quality

C conformance quality

D business process quality

Review Detailed Answer

Correct Answer: design quality

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

A helpful technique, for accurate forecasts about costs to be incurred in future is a part of ___________?

A process by which employees can make decisions is divided by total number of processes to calculate ____________?

The range in which relationship exists between level of activity or total cost is called ___________?

The basic aspects of product quality must include the ____________?

The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as ___________?

The revenues are subtracted from the cost of direct materials of sold goods is to calculate _________?

The relationship between cost and cost drivers is _________?

The fishbone diagram is an example of _________?

An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as __________?

The quality aspect, that refers how well the product fulfills the customer demands, is classified as __________?