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 inventory method calculates unit cost by dividing total cost of goods available for sale by total units available for sale?
ASpecific Identification Method
BLIFO Method
CFIFO Method
DWeighted Average Cost Method
Which money market model establishes optimal cash transfer limits by incorporating daily cash flow variance and transfer costs?
ABaumol-Allais-Tobin (BAT) Model
BMiller-Orr Model
CBlack-Scholes Model
DEconomic Order Quantity (EOQ) Model
What term describes the systematic allocation of the depreciable cost of an intangible asset over its useful economic life?
ADepletion
BAmortization
CImpairment
DDepreciation
What accounting standard body sets International Financial Reporting Standards (IFRS) applicable worldwide?
AFinancial Accounting Standards Board (FASB)
BInternational Auditing and Assurance Standards Board (IAASB)
CSecurities and Exchange Commission (SEC)
DInternational Accounting Standards Board (IASB)
Which financial ratio measures how many times a company’s operating income (EBIT) covers its annual interest payments?
ATimes Interest Earned (TIE) Ratio
BCurrent Ratio
CEquity Multiplier
DDebt Service Coverage Ratio (DSCR)
Which financial metric measures a company’s ability to cover its short-term obligations using its most liquid current assets?
AQuick Ratio (Acid-Test Ratio)
BReturn on Equity
CDebt-to-Equity Ratio
DCurrent Ratio
What capital budgeting technique calculates the discount rate that sets the Net Present Value (NPV) of a project to zero?
AProfitability Index
BInternal Rate of Return (IRR)
CPayback Period
DAccounting Rate of Return
Which accounting principle states that revenue should be recognized in the accounting period in which the performance obligation is satisfied?
AHistorical Cost Principle
BRevenue Recognition Principle
CMatching Principle
DFull Disclosure Principle
In cost accounting, costs that remain constant in total amount over a relevant range of activity are known as:
ASemi-Variable Costs
BFixed Costs
CSunk Costs
DVariable Costs
What term describes past costs that have already been incurred and cannot be recovered or changed by any future decision?
ADifferential Costs
BOpportunity Costs
CSunk Costs
DIncremental Costs