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 →
Under IAS 7, interest paid by financial institutions on client accounts is classified as which type of cash flow activity?
AInvesting Activity
BOperating Activity
CFinancing Activity
DCapital Activity
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 cost accounting, what term defines the extra cost incurred to produce one additional unit of output?
AFixed Cost
BAverage Cost
CMarginal Cost
DOpportunity Cost
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 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
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
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
What audit risk component describes the vulnerability of an account balance to material misstatement assuming no internal controls exist?
AControl Risk
BInherent Risk
CDetection Risk
DSampling Risk
Which financial market instrument is a negotiable money market certificate issued by commercial banks acknowledging a cash deposit for a fixed term?
ATreasury Bill
BCertificate of Deposit (CD)
CCommercial Paper
DRepurchase Agreement