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.

The return on sales is multiplied to investment turnover to calculate ___________?
A residual income
B return on investment
C return on sales
D investment turnover
Correct Answer: return on investment
The measures that analyze the performance of a company, such as residual income, economic value added and customer satisfaction are collectively called ____________?
A interactive control systems
B belief systems
C boundary systems
D diagnostic control systems
Correct Answer: diagnostic control systems
If after-tax operating income is $185000, weighted average cost of capital is 11%, total assets are $485000 and total liabilities are $367000, then economic value added would be __________?
A $142,020
B $172,020
C $162,020
D $152,020
Correct Answer: $172,020
The costs that are not incorporated in accounting records, but are recognized in different situations are classified as ___________?
A congruent costs
B imputed costs
C operating costs
D transfer costs
Correct Answer: imputed costs
If the current assets are $856000 and the working capital is $654500, then the current liabilities will be ___________?
A $501,500
B $401,500
C $201,500
D $301,500
Correct Answer: $201,500
The formula to calculate return on investment, according to profitability analysis in DuPont method is ____________?
A return on sales * investment turnover
B return on sales + investment turnover
C return on sales – investment turnover
D investment turnover + residual income
Correct Answer: return on sales * investment turnover
An investment is multiplied to required rate of return, to calculate: _____________?
A congruent cost of investment
B transfer cost of investment
C operating cost of investment
D imputed cost of investment
Correct Answer: imputed cost of investment
In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating __________?
A flexible costs
B variable costs
C overhead costs
D fixed costs
Correct Answer: overhead costs
An energy, machine maintenance, indirect materials and engineering support are considered as ____________?
A variable overhead cost
B fixed overhead cost
C fixed batch cost
D variable batch cost
Correct Answer: variable overhead cost
A company must eliminate all those activities that do not add value to all the products or services in planning of ___________?
A variable overhead cost
B fixed overhead cost
C fixed batch cost
D variable batch cost
Correct Answer: variable overhead cost