MCQOPTIONS
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MCQOPTIONS
This section includes 166 Mcqs, each offering curated multiple-choice questions to sharpen your Cost Accounting knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
Results of the Ohio State Leadership studies indicated that there are two major dimensions of leadership behaviour. What are they? |
| A. | Achievement and structure |
| B. | Consideration and structure |
| C. | Consideration and power |
| D. | Achievement and power |
| Answer» C. Consideration and power | |
| 52. |
A motivational approach in which an organization s financial statements are opened to and shared with all of the employees is called ___________ |
| A. | Open Book Management |
| B. | Pay for Performance Program |
| C. | Reinforcement Theory |
| D. | Feedback |
| Answer» B. Pay for Performance Program | |
| 53. |
The challenge of creating teams is less demanding for management when teams are introduced where employees have strong _________ values |
| A. | collectivist |
| B. | competitive |
| C. | pluralistic |
| D. | cooperative |
| Answer» B. competitive | |
| 54. |
____________ teams are employees from about the same hierarchical level, but from different work areas, who come together to accomplish a task. |
| A. | Work-related |
| B. | Self-managed |
| C. | Cross-functional |
| D. | Problem-solving |
| Answer» D. Problem-solving | |
| 55. |
Tannenbaum and Schmidt s continuum of possible leadership behaviour identifies four main styles of leadership by the manager. What are they? |
| A. | Commands, helps, joins and leads |
| B. | Tells, sells, consults and joins |
| C. | Tells, helps, joins and leads |
| D. | Commands, sells, consults and resists |
| Answer» C. Tells, helps, joins and leads | |
| 56. |
Standing plans that furnish broad guidelines for channeling management thinking in specified direction are called |
| A. | Single-use plans |
| B. | Programs |
| C. | Procedures |
| D. | Policies |
| Answer» E. | |
| 57. |
An organization that seeks to eliminate the chain of command, have limitless spans of control, and replace departments with empowered teams is called a/an .. |
| A. | Cooperative organization |
| B. | Virtual organization |
| C. | Boundaryless organization |
| D. | Modular organization |
| Answer» D. Modular organization | |
| 58. |
In question No. 201 if at `15,000, the dealer is prepared to supply on 1250 sets of TV the elasticity of supply is |
| A. | 1 |
| B. | 2 |
| C. | 0.75 |
| D. | 1.4 |
| Answer» B. 2 | |
| 59. |
If an Individual Y has a demand of 6 units of the product of market price of the product will be .. (Ref. Q. No. 269) |
| A. | `4 |
| B. | `5 |
| C. | `3 |
| D. | `4.5 |
| Answer» D. `4.5 | |
| 60. |
______ is discretionary behaviour that is not part of an employee s formal job requirement, but that promotes the effective functioning of the organization. |
| A. | Productivity |
| B. | Motivation |
| C. | Organizational citizenship |
| D. | Organizational behavior |
| Answer» D. Organizational behavior | |
| 61. |
Last month, Jennifer s department experienced constructive conflict during a meeting. Which of the following is not an outcome of this functional conflict? |
| A. | improved quality of decisions |
| B. | creativity and innovation are stimulated |
| C. | tensions are released |
| D. | communication is retarded |
| Answer» E. | |
| 62. |
The managers of a multinational company are located in France, India, Brazil, and the United States. Which decision-making technique seems most reasonable for this organization? |
| A. | A postal service interaction |
| B. | A brainstorming session |
| C. | A nominal discussion |
| D. | An electronic meeting |
| Answer» E. | |
| 63. |
The conflict-handling orientation that is based on a process of give-and-take and an emphasis on splitting the difference is: |
| A. | avoiding. |
| B. | collaborating. |
| C. | accommodating. |
| D. | compromising. |
| Answer» E. | |
| 64. |
Which of the following function does money serve when used to measure the prices of different goods and services? |
| A. | Store of value |
| B. | Medium of exchange |
| C. | Standard of value |
| D. | Display of power |
| Answer» D. Display of power | |
| 65. |
If in question No. 286 the price is reduced to `9 But the demand goes to 26 units what is the marginal revenue from sale of 26th unit |
| A. | `7.4 |
| B. | `(-16) |
| C. | `16 |
| D. | `257.4 |
| Answer» C. `16 | |
| 66. |
In question No. 286 if the price is increased to `11 per unit and the demand sharply falls to 20 unit, we can say that the goods are .. |
| A. | Essential goods |
| B. | Luxury goods |
| C. | Inferior goods |
| D. | None of these |
| Answer» C. Inferior goods | |
| 67. |
The presence of conditions that create opportunities for conflict to arise is the _____ stage of the conflict process. |
| A. | potential opposition |
| B. | cognition |
| C. | vision |
| D. | intentions |
| Answer» B. cognition | |
| 68. |
Vroom and Yetton s contingency model of leadership is based on certain aspects of a leader s decision, they are |
| A. | decision quality |
| B. | decision acceptance |
| C. | both of the above |
| D. | neither of the above |
| Answer» D. neither of the above | |
| 69. |
A ______ organizational structure is the simplest form and has clear lines of authority and ease of decision making. |
| A. | Horizontal |
| B. | Line |
| C. | Vertical |
| D. | Staff |
| Answer» C. Vertical | |
| 70. |
The _____ view of conflict argues that some conflict is absolutely necessary for a group to perform effectively. |
| A. | human relations |
| B. | interactionist |
| C. | traditional |
| D. | functional |
| Answer» C. traditional | |
| 71. |
You are a member of a work team whose goal is to improve the efficiency of the production process. Your team is best described as: |
| A. | Production-oriented. |
| B. | Goal-oriented. |
| C. | Problem-solving. |
| D. | Self-managed. |
| Answer» D. Self-managed. | |
| 72. |
When a manager knows little about the intended goals of a decision and the outcomes of the options are unclear, what type of situation are they in? |
| A. | Uncertainty |
| B. | Risk |
| C. | Certainty |
| D. | Ambiguity |
| Answer» E. | |
| 73. |
Company policy, administration, supervision, interpersonal relations, working conditions, and salary are characterized as: |
| A. | Growth factors |
| B. | Achievement factors |
| C. | Hygiene factors |
| D. | Motivating factors |
| Answer» D. Motivating factors | |
| 74. |
Which of the following management substitutes is characterized by formalization, inflexibility, and closely knit work groups? |
| A. | Characteristics of subordinates. |
| B. | Characteristics of managers. |
| C. | Characteristics of the organization. |
| D. | Characteristics of task. |
| Answer» D. Characteristics of task. | |
| 75. |
Which of the following structures is characterized by centralization, high formalization, extensive departmentalization, and a limited information network? |
| A. | Technology model |
| B. | Mechanistic model |
| C. | Job satisfaction model |
| D. | Organic model |
| Answer» C. Job satisfaction model | |
| 76. |
is the personal income minus personal income tax and miscellaneous receipts of Government administrative departments. |
| A. | Surplus income |
| B. | Disposal income |
| C. | Expendable income |
| D. | Residual income |
| Answer» C. Expendable income | |
| 77. |
The process of monitoring performance, comparing it with goals and correcting any significant deviations is known as: |
| A. | Planning |
| B. | Organizing |
| C. | Leading |
| D. | Controlling |
| Answer» E. | |
| 78. |
Leaders who inspire followers to transcend their own self-interests for the good of the organization, and are capable of having a profound and extraordinary effect on followers are _____ leaders. |
| A. | Transactional |
| B. | Transformational |
| C. | Democratic |
| D. | Autocratic |
| Answer» C. Democratic | |
| 79. |
Legitimate power is based on the subordinate s perception that the leader has a right to exercise influence because of the leader s |
| A. | role or position within the organisation |
| B. | ability to punish or reward |
| C. | personal characteristics and personality |
| D. | expertise and knowledge |
| Answer» B. ability to punish or reward | |
| 80. |
Hersey and Blanchard present a form of situational leadership based on the ___________ of the people the leader is attempting to influence. |
| A. | Readiness |
| B. | personality |
| C. | intelligence |
| D. | motivation |
| Answer» B. personality | |
| 81. |
Adair claims that the effectiveness of a leader is dependent upon meeting ________areas of need within the work group. |
| A. | three |
| B. | four |
| C. | two |
| D. | none of the above |
| Answer» B. four | |
| 82. |
You have decided to allow the conflict to exist so long as it doesn t hinder group performance. You will try to eliminate _____ conflict. |
| A. | functional |
| B. | dysfunctional |
| C. | task |
| D. | individualized |
| Answer» C. task | |
| 83. |
..Groups have members who have similar presenting problems or are similar in gender, ethnicity, or social backgroun(d) |
| A. | Heterogeneous |
| B. | Ideal |
| C. | Dynamic |
| D. | Homogeneous |
| Answer» E. | |
| 84. |
As a manager moves to higher positions in an organisation the ability to make ______ becomes ______ important. |
| A. | Non-programmed; more |
| B. | Programmed; more |
| C. | Non-programmed; less |
| D. | Programmed; much more |
| Answer» B. Programmed; more | |
| 85. |
_________ concluded that managers perform 10 interrelated activities that relate to decision making, using information and interpersonal relationships. |
| A. | Mintzberg |
| B. | Abraham Maslow |
| C. | Robert Owen |
| D. | Henri Fayol |
| Answer» B. Abraham Maslow | |
| 86. |
Being conscientious, admitting mistakes, and knowing one's strengths and limitations are the skills associated with _______. |
| A. | Competence |
| B. | consistency |
| C. | loyalty |
| D. | integrity |
| Answer» B. consistency | |
| 87. |
Ali is working in XYZ Company; he desires to get himself secure from crimes, company layoffs and other adverse impacts. We can say that he fulfils the ----------------- need. |
| A. | Self Actualization |
| B. | Social need |
| C. | Esteem |
| D. | Safety |
| Answer» E. | |
| 88. |
The theory that an individual tends to act in a certain way, with the expectation that the act will be followed by a given outcome and according to the attractiveness of the outcome is _____. |
| A. | Equity theory |
| B. | Three-needs theory |
| C. | Motivation-hygiene theory |
| D. | Expectancy theory |
| Answer» B. Three-needs theory | |
| 89. |
When the group disagrees, it is usually over how the work should get done. The type of conflict experienced by your group is: |
| A. | task conflict. |
| B. | relationship conflict. |
| C. | process conflict. |
| D. | traditional conflict. |
| Answer» D. traditional conflict. | |
| 90. |
An important factor of the preplanning stage in group dynamics is determining what the group is to accomplish; this is known as |
| A. | Goal setting |
| B. | Cohesion |
| C. | Clarity of purpose |
| D. | Group orientation |
| Answer» D. Group orientation | |
| 91. |
Managers having the least authority and are at the lowest level in the hierarchy of the organization are called______________ |
| A. | Middle level managers |
| B. | Top level managers |
| C. | First-line managers |
| D. | None of the given options |
| Answer» D. None of the given options | |
| 92. |
Which of the following qualities did the University of Michigan Institute for Social Research find in effective supervisors? |
| A. | Participative problem solving. |
| B. | Delegation of authority. |
| C. | An interest and concern for subordinates. |
| D. | All the above. |
| Answer» E. | |
| 93. |
The threat of new entrants is the extent to which new competitors can easily enter a market. Thus the threat of new entrants for a local restaurant than a automobile company is |
| A. | High |
| B. | Low |
| C. | Moderate |
| D. | Equal |
| Answer» E. | |
| 94. |
Two people see the same thing at the same time yet interpret it differently. Where do the factors that operate to shape their dissimilar perceptions reside? |
| A. | the perceivers |
| B. | the target |
| C. | the timing |
| D. | the context |
| Answer» B. the target | |
| 95. |
When a candidate for a position is asked general, open-ended job related questions, they are experiencing what type of interview? |
| A. | Unstructured Interview |
| B. | Relaxed Interview |
| C. | Unorganized Interview |
| D. | Structured Interview |
| Answer» B. Relaxed Interview | |
| 96. |
Which one of the following conflict-handling orientations represents an attempt to find a win-win solution? |
| A. | avoiding |
| B. | collaborating |
| C. | accommodating |
| D. | compromising |
| Answer» C. accommodating | |
| 97. |
Whilst there is no consensus as to what global leadership competencies are there is agreement as to what according to Neary and O'Grady? |
| A. | Lead change |
| B. | Internal and external networking |
| C. | Management style |
| D. | The need to develop managers through such an approach |
| Answer» E. | |
| 98. |
Which of the factors listed below is not a reason for decision making in organizations being a complex process? |
| A. | People have to make decisions in a historical context |
| B. | Several stakeholders will have an interest in the decision |
| C. | Modern information systems enable people to evaluate a range of possible outcomes |
| D. | Factors in the current context of the organization affect the decision |
| Answer» D. Factors in the current context of the organization affect the decision | |
| 99. |
In Glass and Benshoff's (1999) PARS model, which conceptualizes "processing" in group work, PARS is an acronym in which "S" stands for |
| A. | System |
| B. | Sociometry |
| C. | Subgrouping |
| D. | Self |
| Answer» E. | |
| 100. |
Concern for employee motivation is most closely associated with which of the following management approach? |
| A. | Bureaucracy |
| B. | Organizational behavior |
| C. | Scientific management |
| D. | Systems |
| Answer» C. Scientific management | |