Management Sciences 5308 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.

In support of business transaction, any written evidence is called ___________?

A Discount

B Voucher

C Allowance

D Price

Review Detailed Answer

Correct Answer: Voucher

The concession received on the price of defective goods is called:

A Discount

B Cash discount

C Allowance

D Trading discount

Review Detailed Answer

Correct Answer: Allowance

Cash brought by the owner to start business is called__________?

A Capital

B Loan

C Drawing

D None of these

Review Detailed Answer

Correct Answer: Capital

reduction in price is called:

A Paid price

B Invoice price

C Book price

D Discount

Review Detailed Answer

Correct Answer: Discount

Sales return is also known as____________?

A Return received

B Return Payed

C Return inward

D Return outward

Review Detailed Answer

Correct Answer: Return inward

When goods, in which business deals are sold, it is called___________?

A Purchases

B Return inward

C Sales

D Return outwards

Review Detailed Answer

Correct Answer: Sales

The excess of current assets over current liabilities is called:

A Working Capital

B Circulating capital

C Fixed capital

D Trading capital

Review Detailed Answer

Correct Answer: Working Capital

Goods return to supplier are known as:__________?

A Merchandise return

B Purchase return

C Return inwards

D Sales return

Review Detailed Answer

Correct Answer: Purchase return

Obligation of the Business are known as___________?

A Liabilities

B Revenues

C Expenses

D Assets

Review Detailed Answer

Correct Answer: Liabilities

The amount invested by the proprietor to start the business is called:

A Capital

B Business

C Drawings

D All of them

Review Detailed Answer

Correct Answer: Capital

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Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

In support of business transaction, any written evidence is called ___________?

The concession received on the price of defective goods is called:

Cash brought by the owner to start business is called__________?

reduction in price is called:

Sales return is also known as____________?

When goods, in which business deals are sold, it is called___________?

The excess of current assets over current liabilities is called:

Goods return to supplier are known as:__________?

Obligation of the Business are known as___________?

The amount invested by the proprietor to start the business is called:

Contact Info

Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

Accounting Mcqs 1450

Auditing Mcqs 145

Finance Mcqs 1051

HRM Mcqs 940

Marketing Mcqs 1722

In support of business transaction, any written evidence is called ___________?

The concession received on the price of defective goods is called:

Cash brought by the owner to start business is called__________?

reduction in price is called:

Sales return is also known as____________?

When goods, in which business deals are sold, it is called___________?

The excess of current assets over current liabilities is called:

Goods return to supplier are known as:__________?

Obligation of the Business are known as___________?

The amount invested by the proprietor to start the business is called: