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 cost allocation concept defines overhead costs that cannot be directly traced to a single specific cost object in an economically feasible way?
APrime Costs
BTraceable Costs
CIndirect Costs
DDirect Costs
In cost accounting, what is the difference between standard cost allowed for actual production and actual cost incurred called?
AAllowance
BVariance
CDeviation
DTolerance
What model calculates intrinsic stock value by discounting expected infinite future dividends growing at a constant rate?
ACapital Asset Pricing Model
BResidual Income Model
CBlack-Scholes Model
DGordon Growth Model (Constant Dividend Growth)
Which financial valuation approach values a firm by discounting its future expected free cash flows at the Weighted Average Cost of Capital (WACC)?
ADividend Discount Model
BRelative Valuation Model
CDiscounted Cash Flow (DCF) Model
DBook Value Method
Which internal control framework component sets the overarching ethical tone of an organization and influences security awareness?
ARisk Assessment
BControl Activities
CControl Environment
DInformation and Communication
What type of lease transfers substantially all the risks and rewards incidental to ownership of an underlying asset to the lessee?
ASale and Leaseback
BFinance Lease (Capital Lease)
CLeveraged Lease
DOperating Lease
What option pricing model calculates theoretical financial options valuation using stock price, strike price, risk-free rate, volatility, and expiration time?
ABinomial Option Pricing Model
BCapital Asset Pricing Model
CBlack-Scholes Option Pricing Model
DGordon Growth Model
Which risk represents the possibility that a bond issuer will default on interest payments or principal repayment at maturity?
AInterest Rate Risk
BLiquidity Risk
CDefault Risk (Credit Risk)
DReinvestment Risk
Which variance measures the difference between actual direct material price paid and standard expected price, multiplied by actual quantity purchased?
ALabor Rate Variance
BMaterial Price Variance
COverhead Spending Variance
DMaterial Quantity Variance
What is the term for a continuous, systematic auditing approach that examines operational processes and financial data in real time?
AForensic Audit
BContinuous Auditing
CInternal Audit
DStatutory Audit