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 →
Which statement of financial reporting details cash inflows and cash outflows derived specifically from issuing shares, paying dividends, or borrowing debt?
AOperating Activities
BInvesting Activities
CFinancing Activities
DNon-Cash Transactions
In management accounting, what term identifies the volume of activity beyond the break-even point where business operates with safety?
AContribution Margin
BMargin of Safety
COperating Margin
DDegree of Operating Leverage
What capital structure model demonstrates that in perfect capital markets without taxes or transaction costs, firm value is independent of capital structure?
AGordon Growth Model
BModigliani-Miller Theorem (Proposition I)
CPecking Order Theory
DTrade-off Theory
Which budget framework prepares financial projections from scratch for every new period, requiring all expenses to be justified regardless of past budgets?
AIncremental Budgeting
BZero-Based Budgeting (ZBB)
CFlexible Budgeting
DMaster Budgeting
In double-entry bookkeeping, an increase in an expense account is recorded with a:
ACredit Entry
BDebit Entry
CDebit or Credit depending on account size
DNo entry required
What formula measures how many times inventory is sold and replaced across an accounting period?
AInventory Turnover Ratio
BDays Sales of Inventory (DSI)
CAsset Turnover Ratio
DQuick Turnover Ratio
Which preference share feature grants shareholders the right to receive accumulated missed past dividends before common shareholders receive any payment?
AConvertible Preference Shares
BCumulative Preference Shares
CParticipating Preference Shares
DRedeemable Preference Shares
What type of cost is already incurred due to past operational decisions and cannot be changed or recovered by any future decisions?
AOpportunity Cost
BSunk Cost
CMarginal Cost
DDifferential Cost
What operational dividend model proposes that dividend payouts should equal remaining cash earnings only after all positive Net Present Value projects are fully funded?
AResidual Dividend Policy
BConstant Payout Ratio Policy
CStable Dollar Dividend Policy
DGordon Dividend Model
Which cost component represents the value of the next best alternative forgone when a specific investment or business decision is chosen?
ASunk Cost
BOpportunity Cost
CExplicit Cost
DDifferential Cost