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 type of ledger account retains its ending balance at the close of an accounting period and carries it forward to the next period?
ANominal Account
BTemporary Account
CPermanent (Real) Account
DRevenue Account
What term describes the economic risk arising from fluctuations in foreign currency exchange rates on committed future cash flows?
ATranslation Exposure
BTransaction Exposure
CEconomic Exposure
DInterest Rate Exposure
In cost accounting, what term defines a specific cost that changes in direct proportion to changes in production output volume?
AFixed Cost
BVariable Cost
CSemi-Fixed Cost
DStep Cost
According to the Pecking Order Theory of financial management, what is a firm’s first priority source of capital when financing new projects?
AExternal Debt
BInternal Retained Earnings
CNew Common Stock Equity
DPreferred Stock
What type of audit procedure involves independent confirmation directly received by the auditor from third parties regarding account balances?
AAnalytical Procedures
BExternal Confirmation
CInspection of Assets
DReperformance
Under the going concern concept in financial accounting, financial statements are prepared on the basic assumption that:
AThe business will liquidate within the current fiscal year
BThe business will continue operational existence for the foreseeable future
CAll assets will be immediately converted into cash value
DThe owner's personal wealth is tied directly to the firm
Which motivational theory by Clayton Alderfer compressed Maslow’s five need levels into three core categories: Existence, Relatedness, and Growth?
AAcquired-Needs Theory
BERG Theory
CTwo-Factor Theory
DExpectancy Theory
What term defines the delegation of authority and decision-making power down to operational non-managerial employees?
ACentralization
BEmpowerment
CFormalization
DBureaucracy
Which classic management study tool developed by Kaoru Ishikawa uses a cause-and-effect diagram to identify root causes of quality defects?
APareto Chart
BScatter Diagram
CFishbone (Ishikawa) Diagram
DControl Chart
What conflict resolution style under Thomas-Kilmann Conflict Mode Instrument exhibits low assertiveness and high cooperativeness?
ACompeting
BCollaborating
CAccommodating
DAvoiding