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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

An engineering of products or detailed planning of products or services is called ___________?
A product design
B research steps
C useful chain
D value added
Correct Answer: product design
If the total units of product A, B and C are as 200,300 and 400 respectively then the sales mix would be __________?
A 100 units
B 900 units
C 400 units
D 500 units
Correct Answer: 900 units
The individual variable coefficient’s multicollinearity leads to ___________?
A decrease in variance
B increase in variance error
C increase in standard error
D decrease in standard error
Correct Answer: increase in standard error
The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as ____________?
A material accounting
B cost accounting
C supplies accounting
D business accounting
Correct Answer: cost accounting
In costing and budgeting hierarchy, an example of product sustaining cost is __________?
A initial offering cost
B batch marketing cost
C product marketing cost
D product design cost
Correct Answer: product design cost
The constant variance is classified in assumptions testing as __________?
A homogenous
B homoscedasticity
C heteroscedasticity
D heterogeneous
Correct Answer: homoscedasticity
The function of plant manager, in which he is responsible for new assets investment is termed as _____________?
A line function
B staff function
C asset function
D investment function
Correct Answer: line function
If an actual price of material is $700 and the budgeted price is $900, then the ___________?
A cost variance is favorable
B cost variance is unfavorable
C price variance is favorable
D price variance is unfavorable
Correct Answer: price variance is favorable
The model, in which the produced unit doubles every time as the cumulative average time per unit decreases, by a constant percentage can be classified as ___________?
A cumulative average time learning model
B cumulative mean learning model
C cumulative weighted learning model
D cumulative average pricing model
Correct Answer: cumulative average time learning model
Marketing, production and management of distribution comes under the category of ___________?
A staff management
B line management
C marketing management
D production management
Correct Answer: line management
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