M C Q s D r i v e

Management Sciences 5308 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.

Posting is the process of____________?
A Posting the letters in drop box
B Posting suitable person to a suitable job
C Entering in the ledger the information contained in the ledger
D All the three
Correct Answer: Entering in the ledger the information contained in the ledger
Goodwill A/c is a/an__________?
A Nominal A/c
B Tangible Asset
C Intangible Asset
D Fictitious Asset
Correct Answer: Intangible Asset
Which of the following is a Nominal A/c ?
A Outstanding Salary A/c
B Rent A/c
C SBI A/c
D Debtors A/c
Correct Answer: Rent A/c
Which of the following is a representative Personal A/c?
A Outstanding Salary A/c
B Rent A/c
C SBI A/c
D Bad debts A/c
Correct Answer: Outstanding Salary A/c
Which of the following is a Real A/c?
A Salary A/c
B Bank A/c
C Building A/c
D Goodwill A/c
Correct Answer: Building A/c
Which of these is a Part of cash in hand?
A Postage stamps
B B/R
C Cheque Deposited with Bank
D B/R endorsed
Correct Answer: Postage stamps
Petty cash balance is a/an___________?
A Assets
B Expenditure
C Liability
D None
Correct Answer: Assets
Which column of a cash book will not have credit balance___________?
A Bank column
B Discount column
C Cash column
D None
Correct Answer: Cash column
The closing balance of a petty cash book is a / an___________?
A Liability
B Gain
C Assets
D Loss
Correct Answer: Assets
Which of these transactions will not be recorded in cash book?
A Cash received from debtors
B Cash paid to creditors
C Salary remained outstanding
D Cash deposited with bank
Correct Answer: Salary remained outstanding