Management Sciences
Management Sciences MCQs With Answers
0 Management Sciences MCQs for CSS, PPSC, FPSC, NTS and entry-test preparation. Take a scored quiz instead →
What term describes the systematic probability that an internal control system will fail to prevent or detect material financial misstatements?
AInherent Risk
BControl Risk
CDetection Risk
DAudit Risk
Which metric measures total shareholder financial return by combining cash dividends and stock price capital appreciation relative to purchase price?
AEarnings Yield
BTotal Shareholder Return (TSR)
CDividend Yield
DCapital Gain Margin
In double-entry accounting, what is the net effect of declaring a cash dividend on common stock prior to payment?
AIncrease Retained Earnings, Decrease Cash
BDecrease Retained Earnings, Increase Dividends Payable
CDecrease Cash, Decrease Liabilities
DIncrease Assets, Increase Equity
What management accounting model evaluates the sensitivity of net income to simultaneous changes in unit prices, variable costs, and sales volume?
ASensitivity Analysis
BCost-Volume-Profit (CVP) Analysis
CRegression Analysis
DCapital Asset Pricing Model
In cost accounting, what term defines the extra cost incurred to produce one additional unit of output?
AFixed Cost
BAverage Cost
CMarginal Cost
DOpportunity Cost
What type of preference share allows holders to receive extra dividend distributions alongside common shareholders if profits exceed benchmark targets?
ACumulative Preference Shares
BParticipating Preference Shares
CRedeemable Preference Shares
DConvertible Preference Shares
Which financial ratio evaluates a company’s capability to cover short-term liabilities using current assets?
AQuick Ratio
BCurrent Ratio
CDebt Ratio
DInterest Coverage Ratio
Which term describes an accounting journal entry made at the conclusion of an accounting period to align revenues and expenses under accrual accounting?
AClosing Entry
BAdjusting Entry
CReversing Entry
DCompound Entry
What type of systematic audit error or bias occurs when an auditor fails to modify their opinion on materially misstated financial statements?
AControl Risk
BInherent Risk
CAudit Risk
DDetection Risk
Which financial instrument represents a long-term debt security backed by specific physical corporate collateral or assets?
ADebenture
BMortgage Bond
CSubordinated Note
DCommercial Paper