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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.

All Topics  5307

The costs which are considered as expenses in the accounting period are also known as ____________?
A inventory costs
B period costs
C timed costs
D labor overheads
Correct Answer: period costs
The vertically upward dimension of cost analysis is also called __________?
A project dimension
B accounting-period dimension
C back-flush accounting dimension
D lean accounting dimension
Correct Answer: accounting-period dimension
The labor which works as forklift truck, plant guards and the rework labor is classified as ____________?
A prime overhead
B conversion overhead
C factory overhead
D manufacturing overhead
Correct Answer: manufacturing overhead
The process of making long term decisions, for capital investment in the projects is called __________?
A lead budgeting
B lean budgeting
C capital budgeting
D relevant budgeting
Correct Answer: capital budgeting
The wages and other benefits, provided to assembly line workers and operators of machine are classified under the _____________?
A work in process costs
B finished costs
C direct manufacturing labor costs
D indirect manufacturing labor costs
Correct Answer: direct manufacturing labor costs
The capital budgeting method to analyze information of financials include ___________?
A internal rate of return
B accrual accounting rate of return
C net present value
D all of above
Correct Answer: all of above
The period cost, which consists the income statement of manufacturing companies belong to ____________?
A inventory costs
B product costs
C non-manufacturing costs
D manufacturing costs
Correct Answer: non-manufacturing costs
Annual earned income is divided from a project by capital invested to calculate __________?
A accrual accounting rate of return
B returned working capital
C increase in expected average annual
D decrease in expected average annual
Correct Answer: accrual accounting rate of return
The balance sheet, in which all the costs of the product that must be considered as its assets, is said to be
A factory overhead costs
B manufacturing overhead costs
C Inventoriable Costs
D finished costs
Correct Answer: Inventoriable Costs
The rate of required return to cover the risk of investment, in absence of inflation is classified as ____________?
A real rate of return
B required rate of return
C nominal rate of return
D none of above
Correct Answer: real rate of return
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