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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 use of variables to signal whether the strategies are effective or ineffective is classified as _________?
A evaluating strategy
B performing strategy
C warned strategy
D weighted strategy
Correct Answer: evaluating strategy
Which of the following is an example of revenue center?
A sales department
B investing center
C marketing department
D segment department
Correct Answer: sales department
The manager who is responsible only for the revenues of the company can be categorized under the ___________?
A profit center
B investment center
C cost center
D revenue center
Correct Answer: revenue center
The significant feature of Kaizen Budgeting is __________?
A employee suggestion
B customer suggestion
C cost suggestion
D price suggestion
Correct Answer: employee suggestion
The system which measures the budget, action and plan of each responsibility center is known as ___________?
A budgeted accounting
B action accounting
C planned accounting
D responsibility accounting
Correct Answer: responsibility accounting
The variance used by managers to check whether the company has performed well and properly implemented the strategies is considered as ___________?
A strategic implementation
B proper implementation
C performance evaluation
D well evaluated
Correct Answer: performance evaluation
An arrangement of line of authority within the company is classified as __________?
A company structure
B organization structure
C line of authority
D line of responsibility
Correct Answer: organization structure
The variance, if used to alert managers before time of the problem is called _________?
A varied warning
B times warning
C managers warning
D early warning
Correct Answer: early warning
The segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as _________?
A subunit center
B instruction center
C responsibility center
D activity segment
Correct Answer: responsibility center
An assignment of task for managers, who are accountable for their actions in controlling and budgeting of resources is classified as _________?
A coordinating the company effort
B action plan
C action accountability
D project accountability
Correct Answer: coordinating the company effort

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