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MCQs

Total Questions : 728 | Page 2 of 73 pages
Question 11. The file key of the fixed assets file includes the
  1.    fixed asset account number
  2.    acquisition date
  3.    asset identification number
  4.    depreciation account number
  5.    None of the above
 Discuss Question
Answer: Option C. -> asset identification number
Question 12. A _____ decision making involves the establishment objectives for an organization and long-range plans for attaining these objectives.
  1.    prompt
  2.    relevant
  3.    tactical
  4.    strategic
  5.    None of the above
 Discuss Question
Answer: Option D. -> strategic
Question 13. Which of the following is not likely to occur in the near future?
  1.    the presidential election will be done by pushing buttons at home.
  2.    the political issue of establishing an information-assistance program will be raised.
  3.    most workers will choose working at hoe, so the traditional workplace will disappear
  4.    automation will reduce job opportunities, thus resulting in a lower standard of living.
  5.    None of the above
 Discuss Question
Answer: Option B. -> the political issue of establishing an information-assistance program will be raised.
Question 14. A Transportation Problem in which the total supply available at the origins exactly satisfies the total demand required at the destinations is known as:
  1.    Degenerate Solution
  2.    Balanced Transportation Problem
  3.    Unbalanced Transportation Problem
  4.    All of the above
  5.    None of the above
 Discuss Question
Answer: Option B. -> Balanced Transportation Problem
Question 15. Corporate modeling software can be used for
  1.    cash planning
  2.    operational budgeting
  3.    capital budgeting
  4.    All of the above
  5.    None of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 16. All mathematical models generally comprise which of the following types of variables;
  1.    uncontrollable variables
  2.    dependent variables
  3.    decision variables
  4.    All of the above
  5.    None of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 17. Which of the following types of decision-making would depend heavily on real-time information?
  1.    strategic
  2.    tactical
  3.    operational
  4.    nonprogrammable
  5.    None of the above
 Discuss Question
Answer: Option C. -> operational
Question 18. If safety stock is 6 and the EOQ is 50, average inventory level is
  1.    80
  2.    86
  3.    85
  4.    90
  5.    None of the above
 Discuss Question
Answer: Option E. -> None of the above
Question 19. The MIS should be developed by
  1.    the manager
  2.    the information specialist
  3.    both (a) and (b)
  4.    neither a or b
  5.    None of the above
 Discuss Question
Answer: Option C. -> both (a) and (b)
Question 20. Considering all types of business, accounts receivable systems are not closely interrelated with the
  1.    cost accounting system
  2.    payroll system
  3.    sales order system
  4.    purchasing system
  5.    None of the above
 Discuss Question
Answer: Option C. -> sales order system

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