M C Q s D r i v e

Management Sciences 5308 MCQs [All-Courses]

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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.

An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as _____________?

A manufacturing analysis method
B price analysis method
C unit analysis method
D account analysis method
Correct Answer: account analysis method

The cost management technique which specially addresses strategic issues is classified as ____________?

A address management
B issue management
C strategic cost management
D managerial cost
Correct Answer: strategic cost management

The flexible budget variance is subtracted from actual cost to calculate ___________?

A flexible budget cost
B flexible investment cost
C static budget cost
D static variable cost
Correct Answer: flexible budget cost

An estimation of relationship between two or more independent variables and the dependent variables are classified as ____________?

A One variable series
B multiple regression
C simple regression
D Two way regression
Correct Answer: multiple regression

In value chain analysis, the delivery of services or products to end customers is classified as _____________?

A resource research
B market research
C utilization
D distribution
Correct Answer: distribution

The level of used input to achieve a determined level of output is termed as ____________?

A efficiency
B effectiveness
C growth evaluation
D performance evaluation
Correct Answer: efficiency

The second step for estimation of cost function by using quantitative analysis is to ___________?

A choose independent variable
B choose cost estimation method
C choose price estimation method
D choose dependent variable
Correct Answer: choose independent variable

In cost benefit approach, the type of costs include ____________?

A cost of ongoing operations
B investments in physical assets
C training of managers
D all of above
Correct Answer: all of above

The point at which the control functions and the planning of management come together is known as ______________?

A functioning
B variance
C variation
D deviation
Correct Answer: variance

An estimation of relationship between one independent variable and the dependent variable is known as ___________?

A simple regression
B Two way regression
C One variable series
D multiple regression
Correct Answer: simple regression