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MCQs

Total Questions : 80 | Page 6 of 8 pages
Question 51. In value chain analysis, the coordination, acquiring and assembling of resources to produce a product is classified as
  1.    resourcing
  2.    value acquiring
  3.    production
  4.    value acquaintance
 Discuss Question
Answer: Option C. -> production
Answer: (c).production
Question 52. The purpose of management accounting is to
  1.    past orientation
  2.    help banks make decisions
  3.    help managers make decisions
  4.    help investors make decision
 Discuss Question
Answer: Option C. -> help managers make decisions
Answer: (c).help managers make decisions
Question 53. The time that a company takes to create and produce a new product is classified as
  1.    management factor
  2.    time factor
  3.    customer factor
  4.    chain factor
 Discuss Question
Answer: Option B. -> time factor
Answer: (b).time factor
Question 54. Examining of past performance, exploring alternative and planning future is
  1.    learning
  2.    alternating
  3.    examining
  4.    deciding
 Discuss Question
Answer: Option A. -> learning
Answer: (a).learning
Question 55. An accounting approach, in which the expected benefits exceed the expected cost is classified as
  1.    benefit approach
  2.    cost approach
  3.    cost-benefit approach
  4.    accounting approach
 Discuss Question
Answer: Option C. -> cost-benefit approach
Answer: (c).cost-benefit approach
Question 56. The dysfunctional decision making is also known as
  1.    dysfunctional decision making
  2.    congruent decision making
  3.    incongruent decision making
  4.    both a and c
 Discuss Question
Answer: Option D. -> both a and c
Answer: (d).both a and c
Question 57. The degree to which the freedom is given to lower level managers for decision making is classified as
  1.    decentralization
  2.    centralization
  3.    autonomy
  4.    congruency
 Discuss Question
Answer: Option C. -> autonomy
Answer: (c).autonomy
Question 58. The maximum freedom for managers and minimum constraints are the main features of
  1.    total autonomy
  2.    total centralization
  3.    total decentralization
  4.    total congruency
 Discuss Question
Answer: Option C. -> total decentralization
Answer: (c).total decentralization
Question 59. Current assets are subtracted from current liabilities to calculate
  1.    opportunity cost of capital
  2.    working capital
  3.    total long term assets
  4.    weighted average cost of capital
 Discuss Question
Answer: Option B. -> working capital
Answer: (b).working capital
Question 60. The per unit opportunity cost to the selling subunit of company, is added into per unit incremental cost is incurred at point of transfer to calculate
  1.    minimum operating cost
  2.    maximum operating costs
  3.    maximum transfer price
  4.    minimum transfer price
 Discuss Question
Answer: Option D. -> minimum transfer price
Answer: (d).minimum transfer price

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