Management Sciences MCQs
These Management Sciences MCQs are for public service commission exams and BBA, and MBA students to prepare for their examinations. All MCQs are prepared after having a look at past papers of public service commission examinations held from time to time. These Management Science questions are very important for all types of tests conducted by FPSC, NTS, KPPSC, PPSC, SPSC, BPSC, OTS, UTS, PTS, CTS, ATS, STS, ETEA, and other testing agencies of Pakistan.
Overhead cost is the total of ____________.
A: all indirect costs.
B: all direct costs.
C: indirect and direct costs.
D: all specific costs
all indirect costs.
Warehouse rent is a part of _________?
A: prime cost.
B: factory cost.
C: distribution cost.
D: production cost
distribution cost.
Tender is an_____________?
A: estimation of profit.
B: estimation of cost.
C: estimation of selling price
D: estimation of units.
estimation of selling price
Audit fess is a part of__________.
A: works on cost.
B: selling overhea
C: distribution overhea
D: administration overhead
administration overhead
A worker has a time rate of 15/hr. He makes 720 units of component (standard time : 5 minutes/ unit) in a week of 48 hours. His total wages including Rowan bonus for the week is
A: 792
B: 820
C: 840
D: 864
864
One of the most important tools in cost planning is__________?
A: Direct cost
B: Cost Sheet
C: Budget
D: Marginal Costing.
Budget
A Ltd. Has sales of 2,200, total fixed cost of 570, variable cost of 1,540, raw material consumed of ` 1,100, number of units sold 22,000. What shall be the BEP 9 in units) if raw material price is reduced by 2%?
A: 18,387
B: 18,560
C: 18,750
D: 19,000
18,387
Find the cost of goods sold if goods are sold for 2,000 at 25% profit on cost?
A: 1,600
B: 1,500
C: 1,000
D: 1,800
1,500
The process of paying off debt over time in regular installment of interest & principal sufficient to repay the loan in fully by its maturity date.
A: Amortization
B: Loan Payment
C: Liability
D: Securitization
Amortization
Direct cost incurred can be identified with_______________?
A: Each Department
B: Each unit of output
C: Each Month
D: Each Executive
Each unit of output