Management Sciences MCQs – Page 540

✅ B. 1,500

Option A : 1,600 Option B : 1,500 Option C : 1,000 Option D : 1,800 Correct Answer : 1,500 Read more

✅ A. Amortization

Option A : Amortization Option B : Loan Payment Option C : Liability Option D : Securitization Correct Answer : Amortization Read more

✅ B. Each unit of output

Option A : Each Department Option B : Each unit of output Option C : Each Month Option D : Each Executive Correct Answer : Each unit of output Read more

✅ A. 0.65

Option A : 0.65 Option B : 0.35 Option C : 1.5 Option D : 5.29 Correct Answer : 0.65 Read more

✅ C. 24

Option A : 37.5 Option B : 38.25 Option C : 24 Option D : 35 Correct Answer : 24 Read more

✅ A. Opening stock of raw material 11,570 Closing stock of raw material 10,380 Purchase of raw material during the month 1,28,450 Total manufacturing cost charged to product 3,39,165 Factory overheads are applied at the rate of 45% of direct labour cost. The amount of factory overheads applied to production is 65,025

Option A : Opening stock of raw material 11,570 Closing stock of raw material 10,380 Purchase of raw material during the month 1,28,450 Total manufacturing cost charged to product 3,39,165 Factory overheads are applied at the rate of 45% of direct labour cost. The amount of factory overheads applied to production is 65,025 Option B : 94,287 Option C :… Read more

✅ C. 10,000 units

Option A : 8,000 units Option B : 11,000 units Option C : 10,000 units Option D : 9,000 units Correct Answer : 10,000 units Read more

✅ A. No change occurs to inventories for either use absorption costing or variable costing methods

Option A : No change occurs to inventories for either use absorption costing or variable costing methods Option B : The use of absorption costing produces a higher net income than the use of variable costing Option C : The use of absorption costing produces a lower net income than the use of variable costing Option D : The use… Read more

✅ B. Unit cost

Option A : Variable cost Option B : Unit cost Option C : Total cost Option D : Fixed cost Correct Answer : Unit cost Read more

✅ B. Differential costs

Option A : Relevant costs Option B : Differential costs Option C : Target costs Option D : Sunk costs Correct Answer : Differential costs Read more

✅ C. Commercial cost

Option A : Direct cost Option B : Variable cost Option C : Commercial cost Option D : Conversion cost Correct Answer : Commercial cost Read more

✅ A. 111%

Option A : 111% Option B : 120% Option C : 95% Option D : 117% Correct Answer : 111% Read more

✅ B. Crane value

Option A : Crane hours Option B : Crane value Option C : Truck Mileage Option D : Truck value Correct Answer : Crane value Read more

✅ B. Sunk cost

Option A : Uncontrollable cost Option B : Sunk cost Option C : Avoidable cost Option D : Opportunity cost Correct Answer : Sunk cost Read more

✅ A. 5,80,000

Option A : 5,80,000 Option B : 5,50,000 Option C : 5,00,000 Option D : 5,75,000 Read More Details about this Mcq Correct Answer : 5,80,000 Read more

✅ D. Petty cash book

Option A : Simple cash book Option B : Two column cash book Option C : Three column cash book Option D : Petty cash book Correct Answer : Petty cash book Read more

✅ B. Payments

Option A : Receipts Option B : Payments Option C : Incomes Option D : Expenditures Correct Answer : Payments Read more

✅ B. Payments

Option A : Receipts Option B : Payments Option C : Income Option D : Expense Correct Answer : Payments Read more

✅ B. Prompt

Option A : Lump sum Option B : Prompt Option C : Actual Option D : None of them Correct Answer : Prompt Read more

✅ A. Receipts

Option A : Receipts Option B : Payments Option C : Incomes Option D : Expenditures Correct Answer : Receipts Read more