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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 practice, which makes target more achievable by underestimating revenues or overestimating cost is called _____________?

A cost slack

B target slack

C budgetary slack

D revenue slack

Review Detailed Answer

Correct Answer: budgetary slack

The better administration of budget in budgeting plans require:_____________?

A intelligent interpretations

B participation

C persuasion

D all of above

Review Detailed Answer

Correct Answer: all of above

In Kaizen budgeting, the costs are based on all the improvements which is __________?

A to be implemented

B based on current practice

C based on past prices

D based on sold quantity

Review Detailed Answer

Correct Answer: to be implemented

The degree of influence that a manager would have on the revenues, cost, profit and investment is known as __________?

A controllability

B influential power

C responsibility

D all of above

Review Detailed Answer

Correct Answer: controllability

The compelling strategic plan, promoting coordination and providing framework of performance are ___________?

A advantages of budget

B disadvantages of budget

C advantages of costing method

D disadvantages of costing method

Review Detailed Answer

Correct Answer: advantages of budget

The cash receipts are added in to beginning cash balance to calculate __________?

A total goods manufactured

B total cash available

C total revenue

D total goods sold

Review Detailed Answer

Correct Answer: total cash available

The direct labor, salary outlays and direct material purchases are classified as ___________?

A price disbursements

B cash disbursements

C budget disbursements

D goods disbursements

Review Detailed Answer

Correct Answer: cash disbursements

The model which refers possibility for management to conduct sensitivity analysis can be categorized under __________?

A investment planning models

B financial planning models

C cost planning models

D revenues forecast models

Review Detailed Answer

Correct Answer: financial planning models

The fourth step in development of operating budget is to __________?

A choose alternatives

B evaluate alternatives

C efficiency improvements

D predicted improvements

Review Detailed Answer

Correct Answer: choose alternatives

The continuous budget is also known as ________?

A rolling budget

B pin budget

C specific budget

D past budget

Review Detailed Answer

Correct Answer: rolling budget

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The practice, which makes target more achievable by underestimating revenues or overestimating cost is called _____________?

The better administration of budget in budgeting plans require:_____________?

In Kaizen budgeting, the costs are based on all the improvements which is __________?

The degree of influence that a manager would have on the revenues, cost, profit and investment is known as __________?

The compelling strategic plan, promoting coordination and providing framework of performance are ___________?

The cash receipts are added in to beginning cash balance to calculate __________?

The direct labor, salary outlays and direct material purchases are classified as ___________?

The model which refers possibility for management to conduct sensitivity analysis can be categorized under __________?

The fourth step in development of operating budget is to __________?

The continuous budget is also known as ________?