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Total Questions : 80 | Page 5 of 8 pages
Question 41. An engineering of products or detailed planning of products or services is called
  1.    product design
  2.    research steps
  3.    useful chain
  4.    value added
 Discuss Question
Answer: Option A. -> product design
Answer: (a).product design
Question 42. The human resource management, IT management and management accountants are categorized under
  1.    marketing management
  2.    production management
  3.    staff management
  4.    line management
 Discuss Question
Answer: Option C. -> staff management
Answer: (c).staff management
Question 43. In cost benefit approach, the type of costs include
  1.    cost of ongoing operations
  2.    investments in physical assets
  3.    training of managers
  4.    all of above
 Discuss Question
Answer: Option D. -> all of above
Answer: (d).all of above
Question 44. The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called
  1.    financial accounting
  2.    management accounting
  3.    cost accounting
  4.    decision accounting
 Discuss Question
Answer: Option B. -> management accounting
Answer: (b).management accounting
Question 45. The type of accounting which reports to external parties of the organization is known as
  1.    cost accounting
  2.    decision accounting
  3.    financial accounting
  4.    management accounting
 Discuss Question
Answer: Option C. -> financial accounting
Answer: (c).financial accounting
Question 46. In financial accounting, an emphasis and focus is considered as
  1.    communication oriented
  2.    bank oriented
  3.    future oriented
  4.    past oriented
 Discuss Question
Answer: Option D. -> past oriented
Answer: (d).past oriented
Question 47. In value chain analysis, the delivery of services or products to end customers is classified as
  1.    resource research
  2.    market research
  3.    utilization
  4.    distribution
 Discuss Question
Answer: Option D. -> distribution
Answer: (d).distribution
Question 48. An implementation of planning decisions and evaluating performance is classified as
  1.    control
  2.    evaluation
  3.    deciding
  4.    performing
 Discuss Question
Answer: Option A. -> control
Answer: (a).control
Question 49. In value chain analysis, the selling and promotion to prospective customers is classified as
  1.    researching
  2.    marketing
  3.    acquaintance
  4.    usefulness
 Discuss Question
Answer: Option B. -> marketing
Answer: (b).marketing
Question 50. The continuous pressure of reducing the cost of products to be sold, is classified as
  1.    supply efficiency
  2.    material affectivity
  3.    processing effective
  4.    cost and efficiency
 Discuss Question
Answer: Option D. -> cost and efficiency
Answer: (d).cost and efficiency

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