M C Q s D r i v e

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.

The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be _________?
A $27,000
B $13,000
C $130,000
D $29,500
Correct Answer: $13,000
The method, which calculates the time to recoup initial investment of project in form of expected cash flows is known as __________?
A net value cash flow method
B payback method
C single cash flow method
D lean cash flow method
Correct Answer: payback method
The labor related to the manufacturing of the product can be classified under _____________?
A direct manufacturing labor costs
B indirect manufacturing labor costs
C work in process cost
D finished costs
Correct Answer: direct manufacturing labor costs
If the payback period is 4 years and the uniform increases in cash flows per year is $2750000, then the net initial investment can be _____________?
A $10,511,000
B $12,105,000
C $1,100,000
D $11,000,000
Correct Answer: $11,000,000
The direct manufacturing labor costs is added into manufacturing overhead cost to calculate ___________?
A transaction costs
B conversion costs
C resale costs
D merchandise costs
Correct Answer: conversion costs
If the nominal rate is 26% and the inflation rate is 12%, then the real rate can be __________?
A 13.75%
B 11.65%
C 12.50%
D 13.50%
Correct Answer: 12.50%
In cost terms, the direct manufacturing labor cost is included in ___________?
A manufacturing costs
B prime costs
C conversion costs
D both B and C
Correct Answer: both B and C
The net initial investment is divided by uniform increasing in future cash flows to calculate __________?
A discounting period
B investment period
C payback period
D earning period
Correct Answer: payback period
The wages paid to workers of the factory are termed as ___________?
A workers premium
B overtime premium
C factory premium
D wage premium
Correct Answer: overtime premium
The categories of cash flows include __________?
A net initial investment
B cash flow from operations after paying taxes
C cash flow from terminal disposal after paying taxes
D all of above
Correct Answer: all of above