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.
| 1451. |
__In today's global world, an outsourcing of products or services from lower cost countries is classified as__ |
| A. | differential in-sourcing |
| B. | off-shoring |
| C. | incremental outsourcing |
| D. | differential outsourcing |
| Answer» C. incremental outsourcing | |
| 1452. |
__If nominal rate is 26% and inflation rate is 12%, then real rate can be__ |
| A. | 13.75% |
| B. | 11.65% |
| C. | 12.50% |
| D. | 13.50% |
| Answer» D. 13.50% | |
| 1453. |
__Considering balanced scorecard, perspective in which performance of organization includes is__ |
| A. | financial perspective |
| B. | learning and growth perspective |
| C. | customer perspective |
| D. | all of above |
| Answer» E. | |
| 1454. |
__Way an organization matches its capabilities with available opportunities to accomplish its goals is called__ |
| A. | elasticity incurrence |
| B. | off shoring |
| C. | strategy |
| D. | engineering |
| Answer» D. engineering | |
| 1455. |
__In an innovation process, operation process and post sales services are all sub processes of a perspective named__ |
| A. | internal business process perspective |
| B. | external business process perspective |
| C. | leadership perspective |
| D. | reengineering perspective |
| Answer» B. external business process perspective | |
| 1456. |
__If net initial investment is $985000, returned working capital is $7500, then an average investment over five years will be__ |
| A. | $596,300 |
| B. | $485,300 |
| C. | $496,250 |
| D. | $486,250 |
| Answer» D. $486,250 | |
| 1457. |
__If manufacturing cycle efficiency is 0.725 and total manufacturing time is 45 minute, then value added manufacturing time will be__ |
| A. | 42.625 |
| B. | 36.724 |
| C. | 32.625 |
| D. | 41.625 |
| Answer» D. 41.625 | |
| 1458. |
__In operating income strategic analysis, strategic component which measures change in cost attributed to price of input in current year, relative to price of input material in last year can be classified as__ |
| A. | internal process component |
| B. | growth component |
| C. | price recovery component |
| D. | productivity component |
| Answer» E. | |
| 1459. |
__An example of financial perspective in balanced scorecard is__ |
| A. | employee turnover rates |
| B. | operating capabilities and number of patents |
| C. | operating income and revenue growth |
| D. | customer satisfaction and market share |
| Answer» D. customer satisfaction and market share | |
| 1460. |
__Payback period is multiplied for constant increase in yearly future cash flows to calculate__ |
| A. | cash value of money |
| B. | net initial investment |
| C. | net future value |
| D. | time value of money |
| Answer» C. net future value | |
| 1461. |
__Vertically upward dimension of cost analysis is also called__ |
| A. | project dimension |
| B. | accounting-period dimension |
| C. | back-flush accounting dimension |
| D. | lean accounting dimension |
| Answer» C. back-flush accounting dimension | |
| 1462. |
__Decrease in purchasing power of any monetary unit such as euro, dollars etc. is classified as__ |
| A. | net investment parity |
| B. | inflation |
| C. | purchasing parity |
| D. | buying parity |
| Answer» C. purchasing parity | |
| 1463. |
__Annual earned income is divided from a project by capital invested to calculate__ |
| A. | accrual accounting rate of return |
| B. | returned working capital |
| C. | increase in expected average annual |
| D. | decrease in expected average annual |
| Answer» B. returned working capital | |
| 1464. |
__Consideration of decreased operating income relative to budgeted amount in static budget is classified as__ |
| A. | revenue variance |
| B. | cost variance |
| C. | favourable variance |
| D. | unfavourable variance |
| Answer» E. | |
| 1465. |
_An availability of after sale support, to existing or potential customers in value chain analysis is known as$? |
| A. | customer services |
| B. | utility services |
| C. | resource services |
| D. | acquiring services |
| Answer» B. utility services | |
| 1466. |
_Decisions regarding usage of material, kind and changes in plant processing are a part of$? |
| A. | past management |
| B. | future management |
| C. | help management |
| D. | cost management |
| Answer» E. | |
| 1467. |
_Quality aspect, that refers how well product fulfils customer demands, is classified as$? |
| A. | learning quality |
| B. | design quality |
| C. | conformance quality |
| D. | business process quality |
| Answer» C. conformance quality | |
| 1468. |
_An accounting which records and measures business transactions and is followed by general accepted accounting principles is classified as$? |
| A. | external accounting |
| B. | internal accounting |
| C. | business accounting |
| D. | financial accounting |
| Answer» E. | |
| 1469. |
_In value chain analysis, delivery of services or products to end customers is classified as$? |
| A. | resource research |
| B. | market research |
| C. | utilization |
| D. | distribution |
| Answer» E. | |
| 1470. |
_Type of accounting which reports to external parties of organization is known as$? |
| A. | cost accounting |
| B. | decision accounting |
| C. | financial accounting |
| D. | management accounting |
| Answer» D. management accounting | |
| 1471. |
_Process of analyzing and reviewing financial records to check integrity of company financial reports is a/an$? |
| A. | internal audit |
| B. | external audit |
| C. | functional audit |
| D. | treasury audit |
| Answer» B. external audit | |
| 1472. |
_Philosophy, in which management works to improve value chain of products, to exceed customer expectations is classified as$? |
| A. | quality |
| B. | management chain |
| C. | customer chain |
| D. | cost chain |
| Answer» B. management chain | |
| 1473. |
_Quantity of input which is carefully determined is called$? |
| A. | output unit |
| B. | input unit |
| C. | standard input |
| D. | standard output |
| Answer» D. standard output | |
| 1474. |
_If current assets are $856000 and working capital is $654500, then current liabilities will be$? |
| A. | $501,500 |
| B. | $401,500 |
| C. | $201,500 |
| D. | $301,500 |
| Answer» D. $301,500 | |
| 1475. |
_Time that a company takes to create and produce a new product is classified as$? |
| A. | management factor |
| B. | time factor |
| C. | customer factor |
| D. | chain factor |
| Answer» C. customer factor | |
| 1476. |
_Time a company takes until a good is produced after order placement is known as$? |
| A. | manufacturing lead time |
| B. | manufacturing cycle efficiency |
| C. | customer response time |
| D. | system process time |
| Answer» B. manufacturing cycle efficiency | |
| 1477. |
_Revenue is $11000 and all variable cost is $6000, then contribution margin would be$? |
| A. | -$17000 |
| B. | $17,000 |
| C. | $5,000 |
| D. | -$5000 |
| Answer» D. -$5000 | |
| 1478. |
_Target price is subtracted from per unit target operating income to calculate$? |
| A. | total current full cost |
| B. | total cost per unit |
| C. | target operating income per unit |
| D. | target cost per unit |
| Answer» E. | |
| 1479. |
_If flexible budget amount is $40000 and variable overhead flexible budget variance is $25000, then actual costs incur will be$? |
| A. | $15,000 |
| B. | $35,000 |
| C. | $65,000 |
| D. | $75,000 |
| Answer» D. $75,000 | |
| 1480. |
_Difference between actual variable overhead cost and flexible budget variable overhead amount is termed as$? |
| A. | overhead flexible budget variance |
| B. | overhead fixed budget variance |
| C. | overhead flexible cost variance |
| D. | overhead flexible price variance |
| Answer» B. overhead fixed budget variance | |
| 1481. |
_Consideration of increased operating income relative to budgeted amount is classified as$? |
| A. | favourable variance |
| B. | unfavourable variance |
| C. | revenue variance |
| D. | cost variance |
| Answer» B. unfavourable variance | |
| 1482. |
_Difference of current assets and working capital is equal to$? |
| A. | current liabilities |
| B. | long-term liabilities |
| C. | residual assets value |
| D. | net residual income |
| Answer» B. long-term liabilities | |
| 1483. |
_An investment is multiplied to required rate of return to calculate$? |
| A. | congruent cost of investment |
| B. | transfer cost of investment |
| C. | operating cost of investment |
| D. | imputed cost of investment |
| Answer» E. | |
| 1484. |
_Customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as$? |
| A. | customer level indirect costs |
| B. | customer level direct costs |
| C. | corporate level direct costs |
| D. | corporate level indirect costs |
| Answer» B. customer level direct costs | |
| 1485. |
_In monetary terms, an expected value of outcome is classified as$? |
| A. | expected value |
| B. | expected decision value |
| C. | expected outcome value |
| D. | expected monetary value |
| Answer» E. | |
| 1486. |
_If cost base is $350 and markup component is 11% then prospective selling price will be$? |
| A. | 388.5 |
| B. | 350 |
| C. | 362 |
| D. | 368.5 |
| Answer» B. 350 | |
| 1487. |
_If cost is eliminated, then reducing perceived usefulness that customers can obtain by using market offering will come under$? |
| A. | designed-in costs |
| B. | locked-in costs |
| C. | value added cost |
| D. | non-value added cost |
| Answer» D. non-value added cost | |
| 1488. |
_If an actual result in static budget is $2500 and corresponding budgeted amount is $2200, then static budget variance will be$? |
| A. | $3,000 |
| B. | $300 |
| C. | $4,700 |
| D. | $4,500 |
| Answer» C. $4,700 | |
| 1489. |
_Cost of particular cost object which cannot be traced in economically plausible way is termed as$? |
| A. | indirect cost |
| B. | partial cost |
| C. | benchmark cost |
| D. | direct cost |
| Answer» B. partial cost | |
| 1490. |
_If sales quantity is 7000 units and breakeven quantity is 1500 units, then margin of safety would be$? |
| A. | 4500 units |
| B. | 5500 units |
| C. | 8500 units |
| D. | 9500 units |
| Answer» C. 8500 units | |
| 1491. |
_Set of all occurrences that may happen in near future or in any other fixed time are called$? |
| A. | events |
| B. | distribution |
| C. | outcome |
| D. | actions |
| Answer» B. distribution | |
| 1492. |
_Fixed cost is $25000 and breakeven revenue is $95000, then contribution margin will be$? |
| A. | $32 |
| B. | $30 |
| C. | $25 |
| D. | $26.31 |
| Answer» C. $25 | |
| 1493. |
_If fixed cost is $65000 and contribution margin percentage for bundle is 0.575, then breakeven revenue will be$? |
| A. | $113,043.48 |
| B. | $1,200,000 |
| C. | $130,000 |
| D. | $140,000 |
| Answer» B. $1,200,000 | |
| 1494. |
_Contribution margin is divided to operate income to calculate$? |
| A. | degree of operating leverage |
| B. | degree of change |
| C. | degree of change in margin |
| D. | degree of change in income |
| Answer» B. degree of change | |
| 1495. |
_Difference between corresponding static budget and flexible budget amount is called$? |
| A. | sales volume variance |
| B. | sales mix variance |
| C. | sales quantity variance |
| D. | market share variance |
| Answer» B. sales mix variance | |
| 1496. |
_Corporate sustaining costs and distribution channel costs are also classified as$? |
| A. | indirect costs |
| B. | variable costs |
| C. | fixed costs |
| D. | direct costs |
| Answer» D. direct costs | |
| 1497. |
_If an actual input price is $70 and budgeted input price is $40, then price variance will be$? |
| A. | $120 |
| B. | $50 |
| C. | $110 |
| D. | $30 |
| Answer» E. | |
| 1498. |
_Level of used input to achieve a determined level of output is termed as$? |
| A. | efficiency |
| B. | effectiveness |
| C. | growth evaluation |
| D. | performance evaluation |
| Answer» B. effectiveness | |
| 1499. |
_If budgeted price of input is $70, actual quantity of input is 250 units and allowed budgeted quantity of input is 90 units, then efficiency variance will be$? |
| A. | $23,800 |
| B. | $11,200 |
| C. | $12,200 |
| D. | $13,200 |
| Answer» C. $12,200 | |
| 1500. |
_If flexible budget variance is $95000 and an actual cost is $40000, then flexible budget cost would be$? |
| A. | $135,000 |
| B. | $45,000 |
| C. | $50,000 |
| D. | $55,000 |
| Answer» E. | |