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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 difference of current assets and the working capital is equal to __________?
A current liabilities
B long-term liabilities
C residual assets value
D net residual income
Correct Answer: current liabilities
If the current assets are $250000 and the current liabilities are $135500, then the working capital would be ___________?
A $3,855,500
B $314,500
C $214,500
D $114,500
Correct Answer: $114,500
Current assets are subtracted from current liabilities to calculate: ____________?
A opportunity cost of capital
B working capital
C total long term assets
D weighted average cost of capital
Correct Answer: working capital
The system in an organization that articulates the purpose, mission and core values of a company is classified as ____________?
A interactive control system
B belief system
C boundary system
D diagnostic control system
Correct Answer: belief system
If the operating income is $5650000 and the revenue is $68558000, then the return on sales will be ___________?
A 8.24%
B 7.24%
C 9.24%
D 10.24%
Correct Answer: 8.24%
An operating income is divided by the revenues to calculate ______________?
A residual income
B return on after-tax operating income
C return on sales
D return on investment
Correct Answer: return on sales
If the required rate of return is 13%, operating income is $375000 and the total investment is $2650000, then the residual income would be ____________?
A $30,500
B $20,500
C $25,500
D $32,500
Correct Answer: $30,500
The return on investment is also known as _____________?
A accrual accounting rate of return
B accounting rate of return
C nominal rate of return
D both a and b
Correct Answer: both a and b
The system in an organization, which defines behavior standards and code of conduct is known as ___________?
A interactive control system
B belief system
C boundary system
D diagnostic control system
Correct Answer: boundary system
The sum of working capital and current liabilities is equal to _____________?
A imputed assets
B residual assets
C current assets
D nominal assets
Correct Answer: current assets
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