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

Insurance prepaid is shown as:___________?
A Current Asset
B Current Liability
C Fixed Asset
D Income
Correct Answer: Current Asset
Outstanding salaries is shown as___________?
A An Asset in the Balance Sheet
B A Liability
C By adjusting it in the P & L A/c
D Both B. and C. above
Correct Answer: Both B. and C. above
Property, Plant and Equipment are conventionally presented in the Balance Sheet at _________?
A Replacement cost – Accumulated Depreciation
B Historical cost – Salvage Value
C Historical cost – Depreciation portion thereof
D Original cost adjusted for general price-level changes
Correct Answer: Historical cost – Depreciation portion thereof
Net sales equals, sales minus:
A Return outwords
B Return inwards
C cost of goods sold
D carriage on sales
Correct Answer: Return inwards
_________is the cost of converting raw material into finished products?
A Prime cost
B Explicit cost
C Job order cost
D Conversion cost
Correct Answer: Conversion cost
Short term Assets expected to be converted into cash within 1 year or less than?
A Current Assets
B Fixed Assets
C Current Assets& current liabilities
D All of the above
Correct Answer: Current Assets
An income statement in which each item expressed as percentage of Sale?
A Balance sheet
B income statement
C common size income statement
D All of the Above
Correct Answer: income statement
The compensation paid by the borrower of fund to lender, from the borrower point of the cost of borrowing fund is called?
A Interest Rate
B Required rate of return
C Nominal interest rate
D All of the above
Correct Answer: Interest Rate
Period cost include which of the following ?
A selling Expense
B Direct labor
C factory overhead
D selling Expenses & administrative expenses
Correct Answer: selling Expense
Which of the following statement is considered as the accountant’s snapshot of firm’s accounting value as of a particular date?
A Income Statement
B Balance Sheet
C Cash Flow Statement
D Retained Earning Statement
Correct Answer: Balance Sheet
03079682698
mcqsdrive@gmail.com

Copyright @ 2026 MCQsDrive . All Rights Reserved.