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 risk assessment matrix component evaluates likelihood and severity impact of potential financial loss events?
AControl Environment
BRisk Avoidance
CRisk Assessment
DInformation Monitoring
What investment rule states that independent capital projects should be accepted whenever their Net Present Value (NPV) is:
AEqual to Zero (NPV = 0)
BEqual to Cost of Capital
CGreater than Zero (NPV > 0)
DLess than Zero (NPV < 0)
What term refers to the accounting process of allocating asset cost over natural resources like mineral deposits or timber?
ADepreciation
BWrite-down
CAmortization
DDepletion
What is the key metric used in Capital Asset Pricing Model (CAPM) to measure systematic risk?
AStandard Deviation
BBeta Coefficient
CSharpe Ratio
DVariance
Which type of financial audit voucher certifies that goods ordered have been received in proper quantity and acceptable quality?
AVendor Invoice
BReceiving Report (Goods Received Note)
CPayment Voucher
DPurchase Order
What financial metric measures operating profit generated per dollar of net sales revenue?
AGross Profit Margin
BOperating Profit Margin
CNet Profit Margin
DReturn on Equity
What does a high Asset Turnover Ratio indicate about a company’s operational performance?
AExcessive holding of idle liquid assets
BPoor gross margin performance
CEfficient utilization of assets to generate revenues
DHigh reliance on long-term debt financing
What type of risk cannot be eliminated through portfolio diversification across asset classes?
AFirm-Specific Risk
BBusiness Risk
CUnsystematic Risk (Specific Risk)
DSystematic Risk (Market Risk)
In cost accounting, how is the Contribution Margin per unit calculated?
ASelling Price per unit - Variable Cost per unit
BSelling Price per unit - Fixed Cost per unit
CSelling Price per unit - Total Cost per unit
DGross Profit - Operating Expenses
Under IAS 2 (Inventories), how must inventory balances be valued on the balance sheet?
ALower of Cost and Net Realizable Value (NRV)
BHistorical Cost only
CReplacement Cost
DFair Value less Cost to Sell