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Management Sciences 5307 MCQs [All-Courses]

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 cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as ___________?

A quantitative analysis method

B qualitative analysis method

C account analysis method

D conference analysis method

Review Detailed Answer

Correct Answer: quantitative analysis method

If the breakeven revenue is $220000 and the revenue per bundle is $10000, then the number of bundles to be sold to breakeven will be ___________?

A 32 bundle

B 22 bundle

C 42 bundle

D 38 bundle

Review Detailed Answer

Correct Answer: 22 bundle

To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon ___________?

A units of labor

B unit of production

C time horizon

D units of inventory

Review Detailed Answer

Correct Answer: time horizon

If the contribution margin is $3000 and the revenues are $9000, then all the variable costs will be ____________?

A $12,000

B $6,000

C −$6000

D −$12000

Review Detailed Answer

Correct Answer: $6,000

The cause and effect relationship between activity and costs is the result of __________?

A contractual agreement

B knowledge of operations

C measureable unit relationship

D all of above

Review Detailed Answer

Correct Answer: all of above

If the margin of safety is $35000 and the budgeted revenue is $80000, then the margin of safety in percentage will be _____________?

A 32.75%

B 43.75%

C 53%

D 22%

Review Detailed Answer

Correct Answer: 43.75%

For slope coefficient b, the value of the estimated coefficient is considered as ___________?

A d-value

B c-value

C t-value

D b-value

Review Detailed Answer

Correct Answer: t-value

The contribution margin is divided to operate income to calculate ______________?

A degree of operating leverage

B degree of change

C degree of change in margin

D degree of change in income

Review Detailed Answer

Correct Answer: degree of operating leverage

The slope coefficient of linear cost function is ___________?

A zero

B one

C two

D three

Review Detailed Answer

Correct Answer: zero

The graph, which shows the change in sold quantity and its effect on operating income is called ___________?

A PV graph

B CV graph

C SO graph

D QI graph

Review Detailed Answer

Correct Answer: PV graph

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as ___________?

If the breakeven revenue is $220000 and the revenue per bundle is $10000, then the number of bundles to be sold to breakeven will be ___________?

To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon ___________?

If the contribution margin is $3000 and the revenues are $9000, then all the variable costs will be ____________?

The cause and effect relationship between activity and costs is the result of __________?

If the margin of safety is $35000 and the budgeted revenue is $80000, then the margin of safety in percentage will be _____________?

For slope coefficient b, the value of the estimated coefficient is considered as ___________?

The contribution margin is divided to operate income to calculate ______________?

The slope coefficient of linear cost function is ___________?

The graph, which shows the change in sold quantity and its effect on operating income is called ___________?