MCQOPTIONS
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MCQOPTIONS
This section includes 1713 Mcqs, each offering curated multiple-choice questions to sharpen your General Management knowledge and support exam preparation. Choose a topic below to get started.
| 901. |
Costs that are incurred to prevent low quality goods production are classified as |
| A. | osts of quality |
| B. | osts of learning |
| C. | osts of reengineering |
| D. | osts of spoilage inventory |
| Answer» B. osts of learning | |
| 902. |
Quantitative expression of decided plan and coordination, for plan implementation is known as |
| A. | ost format |
| B. | ecided plan |
| C. | oordination plan |
| D. | udget |
| Answer» E. | |
| 903. |
An availability of after sale support, to existing or potential customers in value chain analysis is known as |
| A. | ustomer services |
| B. | tility services |
| C. | esource services |
| D. | cquiring services |
| Answer» B. tility services | |
| 904. |
Function of management accountant, who works as business partner comes under category of |
| A. | sset function |
| B. | nvestment function |
| C. | ine function |
| D. | taff function |
| Answer» E. | |
| 905. |
Decisions regarding usage of material, kind and changes in plant processing are a part of |
| A. | ast management |
| B. | uture management |
| C. | elp management |
| D. | ost management |
| Answer» E. | |
| 906. |
Step by step business functions, in which product or services must have customer usefulness is classified as |
| A. | alue chain |
| B. | seful chain |
| C. | roduct chain |
| D. | ervices chain |
| Answer» B. seful chain | |
| 907. |
An approach in which managers use resources to increase customer value is classified as |
| A. | elp management |
| B. | ost management |
| C. | ast management |
| D. | uture management |
| Answer» C. ast management | |
| 908. |
Type of accounting, which reports financial and non-financial data about cost of material and acquiring of resources is classified as |
| A. | aterial accounting |
| B. | ost accounting |
| C. | upplies accounting |
| D. | usiness accounting |
| Answer» C. upplies accounting | |
| 909. |
Process of analyzing and reviewing financial records to check integrity of company financial reports is a/an |
| A. | nternal audit |
| B. | xternal audit |
| C. | unctional audit |
| D. | reasury audit |
| Answer» B. xternal audit | |
| 910. |
Function of plant manager, in which he is responsible for new assets investment is termed as |
| A. | ine function |
| B. | taff function |
| C. | sset function |
| D. | nvestment function |
| Answer» B. taff function | |
| 911. |
In financial accounting, investors, banks, suppliers and government agencies are classified as |
| A. | xternal parties |
| B. | nternal parties |
| C. | nvironmental parties |
| D. | ransactional parties |
| Answer» B. nternal parties | |
| 912. |
Cash management, investments, long and short term financing are included in |
| A. | roprietorship |
| B. | unctional line |
| C. | reasury |
| D. | ontrollership |
| Answer» D. ontrollership | |
| 913. |
Philosophy, in which management works to improve value chain of products, to exceed customer expectations is classified as |
| A. | uality |
| B. | anagement chain |
| C. | ustomer chain |
| D. | ost chain |
| Answer» B. anagement chain | |
| 914. |
Experimentation and generation of ideas related to new product or services are included in |
| A. | ddressing management |
| B. | esearch and development |
| C. | alue development |
| D. | ervice provider |
| Answer» C. alue development | |
| 915. |
In cost benefit approach, type of costs include |
| A. | ost of ongoing operations |
| B. | nvestments in physical assets |
| C. | raining of managers |
| D. | ll of above |
| Answer» E. | |
| 916. |
Human resource management, IT management and management accountants are categorized under |
| A. | arketing management |
| B. | roduction management |
| C. | taff management |
| D. | ine management |
| Answer» D. ine management | |
| 917. |
Type of accounting which reports to external parties of organization is known as |
| A. | ost accounting |
| B. | ecision accounting |
| C. | inancial accounting |
| D. | anagement accounting |
| Answer» D. anagement accounting | |
| 918. |
Type of accounting which measures, reports and analysis non-financial and financial information to help in decision making is called |
| A. | inancial accounting |
| B. | anagement accounting |
| C. | ost accounting |
| D. | ecision accounting |
| Answer» C. ost accounting | |
| 919. |
Continuous pressure of reducing cost of products to be sold is classified as |
| A. | upply efficiency |
| B. | aterial affectivity |
| C. | rocessing effective |
| D. | ost and efficiency |
| Answer» E. | |
| 920. |
In value chain analysis, delivery of services or products to end customers is classified as |
| A. | esource research |
| B. | arket research |
| C. | tilization |
| D. | istribution |
| Answer» E. | |
| 921. |
In value chain analysis, selling and promotion to prospective customers is classified as |
| A. | esearching |
| B. | arketing |
| C. | cquaintance |
| D. | sefulness |
| Answer» C. cquaintance | |
| 922. |
If value added manufacturing time is 65 minutes, total manufacturing time is 80 minutes, then manufacturing cycle time will be |
| A. | 0.8125 |
| B. | 0.6125 |
| C. | 0.9125 |
| D. | 0.725 |
| Answer» B. 0.6125 | |
| 923. |
Formal way of differentiating, between non-random and random variations, in manufacturing process is classified as |
| A. | tatistical process control |
| B. | tatistical failure control |
| C. | tatistical control of prevention cost |
| D. | tatistical control of sunk cost |
| Answer» B. tatistical failure control | |
| 924. |
An accounting which records and measures business transactions and is followed by general accepted accounting principles is classified as |
| A. | xternal accounting |
| B. | nternal accounting |
| C. | usiness accounting |
| D. | inancial accounting |
| Answer» E. | |
| 925. |
Purpose of financial accounting is |
| A. | ommunicating company position to investors |
| B. | elping managers make decisions |
| C. | uture oriented |
| D. | ingle person orientation |
| Answer» B. elping managers make decisions | |
| 926. |
Fishbone diagram is an example of |
| A. | elevant costing diagram |
| B. | ause and effect diagram |
| C. | ontrol chart |
| D. | areto diagram |
| Answer» C. ontrol chart | |
| 927. |
If number of employees who left job is 40, total number of employees are 200, then employee turnover ratio will be |
| A. | 0.6 |
| B. | 0.5 |
| C. | 0.2 |
| D. | 0.7 |
| Answer» D. 0.7 | |
| 928. |
Quality aspect, that refers how well product fulfils customer demands, is classified as |
| A. | earning quality |
| B. | esign quality |
| C. | onformance quality |
| D. | usiness process quality |
| Answer» C. onformance quality | |
| 929. |
Cost incur for defective products, after their shipment to customers is classified as |
| A. | revention costs |
| B. | xternal failure costs |
| C. | ppraisal costs |
| D. | nternal failure costs |
| Answer» C. ppraisal costs | |
| 930. |
Delivery of goods by time it is contracted to be delivered is known as |
| A. | ffective performance |
| B. | fficient performance |
| C. | n-time performance |
| D. | n-time performance |
| Answer» E. | |
| 931. |
Factors identified by cause and effect diagrams include |
| A. | omponent and material factors |
| B. | achine-related factors |
| C. | uman factors |
| D. | ll of above |
| Answer» E. | |
| 932. |
Time a company takes until a good is produced after order placement is known as |
| A. | anufacturing lead time |
| B. | anufacturing cycle efficiency |
| C. | ustomer response time |
| D. | ystem process time |
| Answer» B. anufacturing cycle efficiency | |
| 933. |
According to net present value, projects that would be acceptable must have a |
| A. | egative net present value |
| B. | ero net present value |
| C. | ositive net present value |
| D. | oth b and c |
| Answer» E. | |
| 934. |
Horizontally across dimension of cost analysis is also called |
| A. | roject dimension |
| B. | ccounting-period dimension |
| C. | ack-flush accounting dimension |
| D. | ean accounting dimension |
| Answer» B. ccounting-period dimension | |
| 935. |
Annual earned income is divided from a project by capital invested to calculate |
| A. | ccrual accounting rate of return |
| B. | eturned working capital |
| C. | ncrease in expected average annual |
| D. | ecrease in expected average annual |
| Answer» B. eturned working capital | |
| 936. |
Rate of required return to cover risk of investment in absence of inflation is classified as |
| A. | eal rate of return |
| B. | equired rate of return |
| C. | ominal rate of return |
| D. | one of above |
| Answer» B. equired rate of return | |
| 937. |
Process of making long term decisions, for capital investment in projects is called |
| A. | ead budgeting |
| B. | ean budgeting |
| C. | apital budgeting |
| D. | elevant budgeting |
| Answer» D. elevant budgeting | |
| 938. |
Rate of return to cover a risk of investment and decrease in purchasing power, as a result of inflation is known as |
| A. | ominal rate of return |
| B. | ccrual accounting rate of return |
| C. | eal rate of return |
| D. | equired rate of return |
| Answer» B. ccrual accounting rate of return | |
| 939. |
Vertically upward dimension of cost analysis is also called |
| A. | roject dimension |
| B. | ccounting-period dimension |
| C. | ack-flush accounting dimension |
| D. | ean accounting dimension |
| Answer» C. ack-flush accounting dimension | |
| 940. |
Method, which calculates time to recoup initial investment of project in form of expected cash flows is known as |
| A. | et value cash flow method |
| B. | ayback method |
| C. | ingle cash flow method |
| D. | ean cash flow method |
| Answer» C. ingle cash flow method | |
| 941. |
Sum of returned working capital and net initial investment is divided by 2 to calculate |
| A. | ncrease in operating income |
| B. | verage investment over five years |
| C. | verage capital invested |
| D. | verage rate of return |
| Answer» C. verage capital invested | |
| 942. |
Rate of return, which is made up of risk free and business risk element is known |
| A. | ominal rate of return |
| B. | ccrual accounting rate of return |
| C. | eal rate of return |
| D. | equired rate of return |
| Answer» D. equired rate of return | |
| 943. |
Payback period is multiplied for constant increase in yearly future cash flows to calculate |
| A. | ash value of money |
| B. | et initial investment |
| C. | et future value |
| D. | ime value of money |
| Answer» C. et future value | |
| 944. |
Capital budgeting method to analyze information of financials include |
| A. | nternal rate of return |
| B. | ccrual accounting rate of return |
| C. | et present value |
| D. | ll of above |
| Answer» E. | |
| 945. |
If actual price input is $700, budgeted price of input is $400 and actual quantity of input is 50 units, then price variance will be |
| A. | 15,000 |
| B. | 13,000 |
| C. | 11,000 |
| D. | 9,000 |
| Answer» B. 13,000 | |
| 946. |
If tax operating income is $885000 per year and net initial investment is $35750000 then increase in average is |
| A. | .475% per year |
| B. | .475% per year |
| C. | .475% per year |
| D. | .475% per year |
| Answer» E. | |
| 947. |
Decrease in purchasing power of any monetary unit such as euro, dollars etc. is classified as |
| A. | et investment parity |
| B. | nflation |
| C. | urchasing parity |
| D. | uying parity |
| Answer» C. urchasing parity | |
| 948. |
Working capital cash outflow, cash outflow to buy machine and cash inflow from machine are examples of |
| A. | ash flow from operations |
| B. | erminal disposal of investment |
| C. | et initial investment |
| D. | verage return on investment |
| Answer» D. verage return on investment | |
| 949. |
An actual input quantity is 200 units and budgeted input quantity is 50 units, then efficiency variance will be |
| A. | 75 units |
| B. | 50 units |
| C. | 50 units |
| D. | 50 units |
| Answer» D. 50 units | |
| 950. |
If flexible budget variance is $105000, actual cost is $65000 then flexible budget cost will be |
| A. | 40,000 |
| B. | 50,000 |
| C. | 150,000 |
| D. | 170,000 |
| Answer» B. 50,000 | |