Explore topic-wise MCQs in General Management.

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.

1701.

If fixed cost is $30000 and contribution margin per unit is $600 per unit, then breakeven in units will be

A. 50 units
B. 60 units
C. 70 units
D. 65 units
Answer» B. 60 units
1702.

If selling price is $5000, contribution margin per unit is $1000, then contribution margin percentage will be

A. 12.00%
B. 20.00%
C. 5.00%
D. 15.00%
Answer» C. 5.00%
1703.

Contribution margin per unit is multiplied to number of units sold to calculate

A. revenue margin
B. variable margin
C. contribution margin
D. divisor margin
Answer» D. divisor margin
1704.

Sum of working capital and current liabilities is equal to

A. imputed assets
B. residual assets
C. current assets
D. nominal assets
Answer» D. nominal assets
1705.

Total available assets are subtracted from idle assets to calculate

A. market equity
B. total assets employed
C. total assets available
D. stockholders' equity
Answer» C. total assets available
1706.

Production of goods or services that can be bought from outside suppliers is classified as

A. idle sourcing
B. sunk sourcing
C. outsourcing
D. in-sourcing
Answer» E.
1707.

An example of qualitative factor is

A. employee morale
B. cost of materials
C. cost of workers
D. cost of marketing
Answer» B. cost of materials
1708.

relevant costs are classified in relevance concepts as

A. expected future costs
B. serial costs
C. parallel costs
D. abnormal costs
Answer» B. serial costs
1709.

third step in decision making process is

A. linear predictions
B. dependent predictions
C. making predictions
D. independent predictions
Answer» D. independent predictions
1710.

If invested capital is $150000 and target rate of return on investment is 16%, then target annual operating income would be

A. $27,000
B. $26,000
C. $24,000
D. $25,000
Answer» D. $25,000
1711.

Companies that perform in less competitive markets and their market offerings significantly differ are classified as

A. independent revenue approach
B. market based approach
C. cost based approach
D. dependent revenue approach
Answer» D. dependent revenue approach
1712.

Companies that perform in competitive markets using pricing approach are known as

A. independent revenue approach
B. market based approach
C. dependent revenue approach
D. cost based approach
Answer» C. dependent revenue approach
1713.

Second step in decision making process is

A. multi-collinearity information
B. quantitative information
C. qualitative analysis
D. obtaining information
Answer» E.