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Management Sciences 5307 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

The 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

Review Detailed Answer

Correct Answer: degree of operating leverage

The slope coefficient of linear cost function is ___________?

A zero

B one

C two

D three

Review Detailed Answer

Correct Answer: zero

The graph, which shows the change in sold quantity and its effect on operating income is called ___________?

A PV graph

B CV graph

C SO graph

D QI graph

Review Detailed Answer

Correct Answer: PV graph

The function which is used to measure the decline in per unit cost of different business functions is classified as _____________?

A mixed curve

B experience curve

C discrete curve

D fixed curve

Review Detailed Answer

Correct Answer: experience curve

If the contribution margin of bundle is $45000 and the revenue of the bundle is $15000, then the contribution margin percentage for bundle will be ___________?

A 6%

B 3%

C 9%

D 12%

Review Detailed Answer

Correct Answer: 3%

In quantitative analysis of estimating cost function, the last and foremost step is to _____________?

A evaluate variable driver

B evaluate cost driver

C evaluate price driver

D evaluate demand driver

Review Detailed Answer

Correct Answer: evaluate cost driver

If the fixed cost is $65000 and the contribution margin percentage for the bundle is 0.575, then the breakeven revenue will be ____________?

A $113,043.48

B $1,200,000

C $130,000

D $140,000

Review Detailed Answer

Correct Answer: $113,043.48

The Regression Analysis Method of quantitative analysis of cost function considers ____________?

A all data points

B One data point

C Two data points

D Four data points

Review Detailed Answer

Correct Answer: all data points

If the contribution margin is $25000 and the revenues are $60000, then all the variable costs will be __________?

A −$85000

B −$35000

C $85,000

D $35,000

Review Detailed Answer

Correct Answer: $35,000

In estimation of cost functions, the variations in a single activity level represents the __________?

A related total costs

B related fixed cost

C related variable cost

D related per unit cost

Review Detailed Answer

Correct Answer: related total costs

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The contribution margin is divided to operate income to calculate ______________?

The slope coefficient of linear cost function is ___________?

The graph, which shows the change in sold quantity and its effect on operating income is called ___________?

The function which is used to measure the decline in per unit cost of different business functions is classified as _____________?

If the contribution margin of bundle is $45000 and the revenue of the bundle is $15000, then the contribution margin percentage for bundle will be ___________?

In quantitative analysis of estimating cost function, the last and foremost step is to _____________?

If the fixed cost is $65000 and the contribution margin percentage for the bundle is 0.575, then the breakeven revenue will be ____________?

The Regression Analysis Method of quantitative analysis of cost function considers ____________?

If the contribution margin is $25000 and the revenues are $60000, then all the variable costs will be __________?

In estimation of cost functions, the variations in a single activity level represents the __________?