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.

An inventory, which consists of partially worked goods is called _____________?
A direct materials inventory
B work in process inventory
C finished goods inventory
D indirect material inventory
Correct Answer: work in process inventory
The horizontally across 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: project dimension
Non Trading institution prepare:______________?
A profit and loss account
B Manufacturing account
C Income and Expenditure Account
D Cost of good sold
Correct Answer: Income and Expenditure Account
The working capital cash outflow, cash outflow to buy machine and cash inflow from machine are the examples of ____________?
A cash flow from operations
B terminal disposal of investment
C net initial investment
D average return on investment
Correct Answer: net initial investment
Depreciation fund method is also known as__________?
A Sinking Fund Method
B Annuity Method
C Sum of Year Digits Method
D None of these
Correct Answer: Sinking Fund Method
The decrease in purchasing power of any monetary unit such as euro, dollars etc. is classified as ___________?
A net investment parity
B inflation
C purchasing parity
D buying parity
Correct Answer: inflation
Audit fess is a part of__________.
A works on cost.
B selling overhead.
C distribution overhead.
D administration overhead
Correct Answer: administration overhead
The capacity level of operations which is less than theoretical capacity is considered as ___________?
A practical capacity
B theoretical costing
C standard capacity
D actual capacity
Correct Answer: practical capacity
Tender is an_____________?
A estimation of profit.
B estimation of cost.
C estimation of selling price.
D estimation of units.
Correct Answer: estimation of selling price.
In Variable Costing Method, the fixed manufacturing cost in the calculation period is treated as _________?
A variable quantity
B fixed quantity
C price
D expense
Correct Answer: expense