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.

The continuous budget is also known as ________?

A rolling budget
B pin budget
C specific budget
D past budget
Correct Answer: rolling budget

The first step in developing an operating budget is to ___________?

A identify the product
B identify the problem
C identify the quartiles
D identify the percentiles
Correct Answer: identify the problem

The factor which provides hedge to managers in adverse and unexpected circumstances is known as __________?

A budgetary slack
B costly slack
C influential slack
D target slack
Correct Answer: budgetary slack

The schedule of expected disbursements and cash receipts is considered as __________?

A planned schedule
B cash budget
C market budget
D price schedule
Correct Answer: cash budget

The centers such as revenue, cost, investment and profit all are known as ___________?

A marketing center
B financial center
C responsibility center
D planning center
Correct Answer: responsibility center

The cash sales, accounts receivables and rental receipts all are known as ___________?

A cash receipts
B budget receipts
C goods manufactured
D total goods sold
Correct Answer: cash receipts

If the budget sales units are 8000, the ending inventory is 2000 units and the beginning inventory is 3000, then the budget production would be ___________?

A 11000 units
B 13000 units
C 10000 units
D 7000 units
Correct Answer: 7000 units

The balancing of all aspects of products or services and all the departments in the company are classified as ____________?

A annual profit plan
B budgeting
C coordination
D complex plan
Correct Answer: coordination

The second step in developing operating budget is to ___________?

A plan coordination
B plan accounts
C obtain information
D coverage information
Correct Answer: obtain information

The budget which specifies an operating and financial plan, usually for a fiscal year or any specific period of time is classified as ___________?

A annual budget
B operating budget
C specific budget
D master budget
Correct Answer: master budget