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 →
What is the key metric used in Capital Asset Pricing Model (CAPM) to measure systematic risk?
AStandard Deviation
BBeta Coefficient
CSharpe Ratio
DVariance
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)
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
Under IFRS 15, how many steps are established in the framework for recognizing revenue from contracts with customers?
A3 Steps
B5 Steps
C4 Steps
D7 Steps
What is the variance when actual direct labor hours worked exceed standard direct labor hours allowed for production?
AUnfavorable Labor Rate Variance
BFavorable Labor Efficiency Variance
CFavorable Labor Rate Variance
DUnfavorable Labor Efficiency Variance
Which capital budgeting evaluation technique uses accounting net income instead of cash flows to calculate project returns?
AInternal Rate of Return (IRR)
BAccounting Rate of Return (ARR)
CProfitability Index (PI)
DNet Present Value (NPV)
What is the term for a formal legal agreement between a bond issuer and bondholders detailing coupon terms, maturity, and covenants?
ATerm Sheet
BDebenture
CBond Indenture
DProspectus
Which internal financial performance metric measures economic value created above total cost of capital invested?
AEconomic Value Added (EVA)
BNet Income
CEBITDA
DGross Profit
Which financial accounting statement is prepared on a strict cash basis rather than an accrual basis?
AStatement of Cash Flows
BStatement of Changes in Equity
CBalance Sheet
DIncome Statement