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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 focus on budget cost of all the activities necessary to sell and produce market offerings is known as _________?
A cost based budgeting
B activity based budgeting
C production based budgeting
D raw material budgeting
Correct Answer: activity based budgeting
The type of budget, which is always available for the specified period of future is called __________?
A period budget
B batch budget
C discontinued budget
D continuous budget
Correct Answer: continuous budget
In master budgeting, the cost drivers for manufacturing overhead costs are ___________?
A direct manufacturing labor-hours
B setup labor-hours
C budgeted labor-hours
D both a and b
Correct Answer: both a and b
The cost influences by the responsibility center manager who is considered as ___________?
A manager cost
B influential cost
C center cost
D controllable cost
Correct Answer: controllable cost
The degree to which the freedom is given to lower level managers for decision making is classified as ___________?
A decentralization
B centralization
C autonomy
D congruency
Correct Answer: autonomy
The dysfunctional decision making is also known as ___________?
A dysfunctional decision making
B congruent decision making
C incongruent decision making
D both a and c
Correct Answer: both a and c
The minimum freedom for managers and maximum constraints are the main features of ____________?
A total autonomy
B total centralization
C total decentralization
D total congruency
Correct Answer: total centralization
An organizational practice, according to which the decision making freedom is available to lower level managers is known as _____________?
A decentralization
B centralization
C autonomy of effort
D congruency
Correct Answer: decentralization
The products or services that are transferred between different subunits of a company are classified as _____________?
A mobile products
B dysfunctional products
C intermediate product
D territorial product
Correct Answer: intermediate product
The decision making methods, used for subunits of company are highly interdependent on each other is called _____________?
A incongruent decision making
B functional decision making
C congruent decision making
D duplication decision making
Correct Answer: incongruent decision making
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