NTS

MCQ # 83.
The correlation is __________ when y tends to increase with the increase in the value of x.
(a) Positive
(b) Negative
(c) Neither positive nor negative
(d) 0

MCQ # 84.
Planning, training, and reassignment of global employees to their home countries is called ________.
(a) Repatriation
(b) Expatriation
(c) Global Training
(d) Global Assignment
MCQ # 85.
A measure of the quantity and quality of work done, considering the cost of the resources used is called ________.
(a) Productivity
(b) Quantity and Quality Survey
(c) Cost benefit analysis
(d) Resource Analysis

MCQ # 87.
The unwritten expectations employees and employers have about the nature of their work relationships is
called________.
(a) Psychological contract
(b) Professional Relation
(c) Expected Relation
(d) Workplace Relation
MCQ # 88.
When a person is denied an opportunity because of preferences given to protected class individuals who may be less
qualified is best described by ________.
(a) Discrimination
(b) Reverse discrimination

(c) Forward discrimination

(d) Unethical
MCQ # 89.
Revenue collected because of issue of money by government is known as _______.
(a) Cause of inflation
(b) Hyper inflation
(c) Seigniorage
MCQ # 90.
A recognition of an inner life that nourishes and is nourished by meaningful work that takes place in the context of
community is called ______.
(a) Workplace diversity
(b) Human resource planning
(c) Psychological contract
(d) Work place spirituality
MCQ # 91.
A series of studies during the 1920s and 1930s that provided new insights in individual and group behavior is called
________.
(a) Hawthorne studies
(b) Maslow hierarchy of needs
(c) Scientific management
(d) Industrial revolution

MCQ # 92.
Marketing research to test hypothesis about cause and effect relationships is called _______.
(a) Descriptive research
(b) Causal research
(c) Secondary research
(d) Exploratory research

MCQ # 93
The price a security "ought to have" based on all factors bearing on valuation is called _______.
(a) Market value
(b) Face Value
(c) Intrinsic value
(d) Book value
MCQ # 94.
If lower performing or disruptive employees leave, it is best described by _________.
(a) Dysfunctional turnover
(b) Voluntary turnover
(c) Functional turnover
(d) Involuntary turnover

Working closely with partners in other

company departments and outside the
company to jointly bring greater valuc to
customers is called
(a) Partner relationship management
(b) Joint venture
(c) Alliance (d) Customer sharing
MCQ # 97.
The total combined customer lifetime value of all of the company's customers is called ________.
(a) Share of customer
(b) Customer equity
(c) Profit
(d) Customer relationship

MCQ # 99.
A guideline that establishes parameters for making decision is called_______.
(a) Rule
(b) Policy
(c) Procedure
(d) Strategy

MCQ # 101.
The standard deviation of the sampling distribution of the sample mean is called _______.
(a) Point estimate for a parameter
(b) Unbiased statistic
(c) Standard error of mean
(d) Bivariable sample
MCQ # 104.
The _____ is the slope of in-difference curve at any point on the indifference map.
(a) Marginal rate of substitution
(b) Price elasticity
(c) Unitary elasticrty
(d) Margianl Utility
MCQ # 106.
Learning theory that states that behaviour is function of its consequences is called ________.

a. Classical conditioning
b. Operant conditioning
c. Social learning
d. Behavioural conditioning

MCQ # 107.
Which of the following is not required for individual performance.
(a) Ability
(b) Motivation
(c) Opportunity
(d) Leadership

MCQ # 108.
Which of these is not among 14 principles of Fayol's management.
a. Equity
b. Authority
c. Formal selection
d. Specialization

MCQ # 111
Marshalling refers to _______.
a. Grouping of assets and liabilities in Balance sheet
b. Arrangement of assets and liabilities in balance sheet
c. Dividing transactions to their concerned accounts
d. Systematic record of all transactions

MCQ # 113.
Money can best be defined as _______ .
(a) Store of value
(b) Unit of account
(c) Medium of exchange
(d) All of the above

MCQ # 119.
___________ is the result of excess aggregate demand in the economy.
(a) Demand Pull Inflation
(b) Demand Pull Deflation
(c) Demand Push Inflation
(d) Demand Push Deflation

MCQ # 124.
Which of the following is not a typical personality trait considered to be organizationally relevant?
(a) Locus of control
(b) Self-Monitoring
(c) Self-Enhancing
(d)Self-Esteem
(e) Machiavellianism
MCQ # 126.
The amount of money that could be realized if an asset or a group of assets is sold separately from its operating
organization is called ________.
(a) Amortization
(b) Liquidation value
(c) Annual Interest Value
(d) Compounded Value
MCQ # 127.
Conflict between required and true emotions is called __________.
(a) display rules
(b) cognitive dissonance
(c) negative affectivity
(d) moral intensity
(e) emotional dissonance

MCQ # 128
Regardless of how departments like Accounting, Engineering, Finance, and Marketing function in an organization,
they are all linked together through:
A. Management. B. Processes
C. Customers. D. Stakeholders.

MCQ # 129
Employee ________ provides new employees with the basic background information required to perform their jobs
satisfactorily.
A) recruitment B) selection
C) orientation D) development

MCQ#133
Manufacturing processes usually have:
A. Physical, durable output. B. High levels of customer contact.
C. Output that cannot be inventoried. D. Low levels of capital intensity.

MCQ#134
The first step in creating a training program is to ________.
A) assess the program's successes or failures
B) design the program content
C) analyze employees training needs
D) train the targeted group of employees

MCQ # 137.
Belief that 'discrimination is wrong' is _____ component of the attitude.
a) cognitive
b) affective
c) behavioral
d) procedural
e) Both A and C

MCQ # 138
The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external
customers is called the:
A. Customer relationship process.
B. New service development process.
C. Order fulfillment process
D. supplier relationship process.

MCQ # 139
Jasmeen was hired soon after graduation and assigned to complete a management trainee program. She will move to
various jobs each month for a nine-month period of time. Her employer is utilizing the ________ form of training.
A) job rotation
B) understudy
C) coaching
D) special assignments

MCQ#140
In the early 20th century, automobiles were made one at a time by craftsmen who could perform every operation
necessary to build the car. Henry Ford decided to limit the number of tasks each worker performed so each person
could become expert in his position. With this practice, Ford introduced ________.
A) Departmentalization
B) work specialization
C) Centralization
D) formalization

MCQ # 141.
Present value of a perpetuity is equal to:
(a) A/i
(b) i/A
(c) A*i
(d) A+i

MCQ#146
Bilal has noticed that everyone is very concerned about the line of authority within the hospital. This implies that the
employees at the hospital are worried about the ________.
A) unity of command
B) chain of command
C) span of control
D) departmentalization

MCQ # 148
In case of preferred stock, dividend growth rate is taken as
A. Constant for first few years and then changes every year
B. Zero throughout the life of preferred stock

C. Supernormal growth rate (high rate at start and then constant low rate)
D. Constant during first few years and then continous zero
The preferred dividends are generally fixed, preferred stock can be valued as a constant growth stock with a dividend growth rate equal to
zero. Thus, the price of a share of preferred stock can be determined using the following equation:
Price = dividend (D) divided by required return
(R)

MCQ # 149
All of the following influence capital budgeting cash flows EXCEPT:
A. accelerated depreciation.
B. salvage value.
C. tax rate changes.
D. Method of project financing used.
Depreciation is added back to income after tax so it influences capital budgeting cash flows.

MCQ # 150.
'Belief that discrimination is wrong' is an example of _______ component of attitude.
a. Cognitive
b. Affective
c. Behavioral
d. Perceptual
MCQ # 151
In estimating "after-tax incremental operating cash flows" for a project, you should include all of the following EXCEPT:
A. sunk costs.
B. opportunity costs.
C. changes in working capital resulting from the project, net of spontaneous changes in current liabilities.
D. effects of inflation.

MCQ # 152
A capital investment is one that _________________.
A. has the prospect of long-term benefits.
B. has the prospect of short-term benefits.
C. is only undertaken by large corporations.
D. applies only to investment in fixed assets.

MCQ #153
Under the Modified Accelerated Cost Recovery System (MACRS), an asset in the "5-year property class" would
typically be depreciated over ________ years.
A. four
B. five
C. six
D. seven

In MACRS, It is assumed that property is made in service in middle of first year. Because of this, the actual recovery period is 1 year longer
than the statutory property life because only of the annual depreciation can be claimed for the 1st and last year, so, for instance, 5-year
property must be depreciated over 6 years.

MCQ # 154
Factor (1 + i)^n is also known as
A. PVIF
B. FVIF
C. PVIFA
D. FVIFA

MCQ # 155.
Which of these is not the part of non verbal communication?
A. Words
B. Gestures
C. Postures
D. Facial expressions

MCQ # 156.
If you tell more but hide your emotions in communication, your style would be _______.
A. Direct
B. Spirited
C. Systematic
D. Considerate
MCQ # 157
A profitability index of .85 for a project means that:

A. the present value of benefits is 85% greater than the project's costs.
B.the project's NPV is greater than zero.
C.the project returns 85 cents in present value for each current dollar invested.
D. the payback period is less than one year

MCQ # 158
Which of the following statements is correct?
A. If the NPV of a project is greater than 0, its PI will equal 0.
B. If the IRR of a project is 0%, its NPV, using a discount rate, k, greater than 0, will be 0.
C. If the PI of a project is less than 1, its NPV should be less than 0.
D. If the IRR of a project is greater than the discount rate, k, its PI will be less than 1 and its NPV will be greater than
0.

MCQ # 160

B
MCQ # 161.
Supervisor is the other name of whom?

A. Top level managers

B. Middle level
C. First line managers
D. Team leaders

MCQ # 162
Assume that a firm has accurately calculated the net cash flows relating to an investment proposal. If the net present
value of this proposal is greater than zero and the firm is not under the constraint of capital rationing, then the firm
should:
A. Calculate the IRR of this investment to be certain that the IRR is greater than the cost of capital.
B. compare the profitability index of the investment to those of other possible investments.
C. calculate the payback period to make certain that the initial cash outlay can be recovered within an appropriate
period of time.
D. accept the proposal, since the acceptance of value-creating investments should increase shareholder wealth.

MCQ # 163.
Table showing the repayment schedule of interest and principal necessary to pay off a loan by maturity is called
_________.
(a) Amortization schedule
(b) Liquidation Schedule
(c) Rate of Return
(d) Interest Return
MCQ # 165.
Advertising is often used heavily to promote a product at which level of brand loyalty?
A. Brand recognition
B. Brand preference
C. Brand insistence
D. Brand equity
Now the key to MCQs ( From MCQ # 150 onwards) is available at:
http://taleemghar.com///gat-subject-management-sciences-2/

GAT Subject Management Sciences | Taleem Ghar

GAT Subject Management Sciences MCQs Key Q. No.AnswersQ. No.AnswersQ. No.Answers 150A151A153C 154B155A156A
157C158C159A 160B161C162D 163A164B165A 166A
TALEEMGHAR.COM

MCQ # 167.
Which of the following is the most frequently used form of direct marketing?
A. Direct response retailing
B. Online retailing
C. Telemarketing
D. Direct mail

MCQ # 174.
Which of the following cannot be considered as an IP address?
A. 192.168.1.1
B. 192.156.2.2
C. 34.20.98.255
D. 192.168.1.256
MCQ # 175
A major advantage of the corporate form of organization is:
A. reduction of double taxation.
B. limited owner liability.
C. legal restrictions.
D. ease of organization.

MCQ # 178.
The bargaining power of buyers, as described by Porter, is high when ___________.
(a) There are only a few players in the industry
(b) Their purchases form a large chunk of the sellers total sales
(c) There are no substitutes for products being purchased
(d) Products or services are critical to the buyers business
(e) There are great differences in products, in terms of features, manufactured by various suppliers.
Click on the link tp view answer:http://taleemghar.com///gat-subject-management-sciences-2/

MCQ 181.
_______ is known as the father of scientific management.
A. Frederick Winslow Taylor.
B. Henry L. Gantt.
C. Henri Fayol.
D. Max Weber.

GAT Subject Preparation - Management Sciences Max weber has contributed towards General Administrative Theory.

MCQ 182.
_______ is a variable that changes due to the action of another variable is known as the:
A. Independent variable.
B. Extraneous variable.
C. Dependent variable.
D. Complex variable.
MCQ: 185.
A company reports $200,000 total assets, $60,000 total equity and $180,000 total revenues. What are total liabilities?
A. $180,000
B. $140,000
C. $260,000
D. $ 20,000
MCQ:186
Which of the following items is a revenue?
A. Interest Earned
B. Interest Paid
C. Collections from Customers
D. Paying for an Expense before It Is Provided

MCQ:190.
In a Perfectly elastic demand, If price increases then total revenue will be...
A. Increased.
B. zero
C. Decreased
D. No effect.

GAT Subject Preparation - Management Sciences when demand is elastic, a small change in price causes huge change in quantity
demanded...so when price is increases quantity demanded decreased and total revenue (price * quantity) will be decreased. C is correct
answer

MCQ:194.
Choose the pair of words or phrases in the answer choices that best expresses a relationship similar to that
expressed in the original pair.
COUNSELOR : ADVICE.
A. Artist : Muscian.
B. Patron : Support.
C. Honedty : Charity.
D. Bank : Banker.

MCQ : 196.
The balance sheet is reported at_______.
A. Sunk cost.
B. Market value
C. Historical cost
D. Opportunity cost.
E. Intrinsic value.
MCQ : 197.
The 'job enlargement' means
A. Redesigning jobs of workers
B. Assigning additional activities to workers
C. Moving workers from one job to the other
D. None of the above.

MCQ :198.
The term 2/10-n/30 implies that ______ % discount will be given if the payment is made within _____ days or full
amount is receivable within 30 days.
A. 2,10
B. 10,2
C. 10,30
D. 3,15

MCQ: 202
Which of the following depreciation methods is NOT an accelerated method?
A. Double-declining Balance
B. Straight-line
C. Sum-of-the-years' Digits
D. None of these.
MCQ: 203.
A gain or loss that is unusual in nature and infrequent in occurrence is a
A. Discontinued operation
B. Extraordinary item
C. Change in accounting principle
D. Income from operation
MCQ: 206.
"Doing things right" describes"
A. Strategy
B. Competitive Advantage

C. Effectiveness
D. Efficiency
MCQ:209
The systems approach to organizations is based on three major elements select the option that lists the
A. Targets, outputs and feedback
B. Inputs, conversion (transformation) and outputs.
C. Effectiveness, efficiency and strategy.
D. Control, coordination and feedback.
MCQ : 213.
The Price of good A goes up. As a result the demand for good B shifts to the left.
From this we can infer that:
A. Good A is a normal Good.
B. Good B is an inferior Good
C. Good A and B are substitute
D. Good A and B are complements
E. N.O.T
Coca cola success factors Key success factors (KSFs) are important to future competitive success of industry players. These
factors comprise resources, product attributes, competencies, market achievements and competitive capabilities etc. It is very
significant for the strategists to know the background of industry in order to recognize the most significant competitive success
factors. Because of alteration in driving forces and competitive circumstances, the key success factors (KSFs) of one industry
diverge from other. [ 500 more words. ]
http://www.mbasubjects.com///09/coca-cola-success-factors/

Coca cola success factors

Coca cola success factors Key success factors (KSFs) are important to future competitive success of industry players. These factors
comprise resources, product attributes, competencies, market achievements and competitive capabilities etc.
WWW.MBASUBJECTS.COM

MCQ :216.
The payments if made at the end of each period such as end of the year is classified as
A. Ordinary annuity
B. Deferred annuity
C. Annuity due
D. Both A and B
MCQ: 218
If price and total revenue move in the same direction, the demand is ___________.
A. Elastic
B. Inelastic
C. Unit Elastic
D. Unrelated

MCQ : 222.
According to Douglas McGregor, in _______, managers tend to assume that workers are lazy, need to be coerced,
have little ambition, and are focused on security needs.

A. Theory X
B. Theory Y
C. Theory Z
D. N.O.T.
MCQ: 223.
A contra asset account has what type of balance?
A. Debit
B. Credit
C. Contra
D. All of these
MCQ:224.
_______ made to transfer temporary account balances to permanent accounts.
A. Journal Entries
B. Adjusting Entries
C. Reversing Entries
D. Closing Entries
MCQ: 225
The degree of Peakedness is called________.
A. Skewness
B. Kurtosis
C. Symmetry
D. Dispersion
MCQ: 226.
If the right tail is longer than left tail then distribution is called_________.
A. Positively Skewed
B. Negatively Skewed
C. Symmetrical
D. N.O.T
MCQ: 227.
_________ are the three interpersonal roles of managers.
A. Figurehead, leader and liaison
B. Spokesperson, leader, coordinator
C. Director, coordinator, disseminator
D. Communicator, organizer, spokesperson
MCQ: 228
Sale of goods to Amir is wrongly debited to Umair A/c instead of Amir A/c. Both are debtors of business, this is an
example of:
A. Error of Omission
B. Error of Commission

C. Error of Principle
D. Error of Original Entry
MCQ: 229
Money spent to acquire or upgrade physical assets is known as:
A. Revenue Expense
B. Capital Expense
C. Administrative Expense
D. Operating Expense

MCQ: 230.
_____Income statement format that separates cost of goods sold into categories.
A. Standard
B. Detailed
C. Expanded
D. Multi-Step
MCQ: 231.
The fixed cost is divided to contribution margin per unit to calculate_________.
A. Fixed Output
B. Variable Output
C. Breakeven Number of Units
D. Total Number of Units.
MCQ: 232
The revenue is $15000, the total variable cost is $5000 and the fixed cost $2000 then the operating income
is________
A. $4,000
B. $8,000
C. $5,000
D. $3,000
MCQ:233
Which definition best describes indirect costs?
A. Indirect costs are those costs which are not controlled directly by a manager.
B. Indirect costs are those costs which cannot be directly associated with a product or service.
C. Indirect costs are always fixed.
D. Indirect costs are always manufacturing overhead costs.

MCQ: 234.
Which of the following is non-probability sampling?

A. Snowball
B. Random
C. Cluster
D. Stratified

MCQ:235
When estimating unearned revenues, what principle applies?
A. Conservatism Principle
B. Historical Cost Principle
C. Full Disclosure Principle
D. Consistency Principle
MCQ: 236
If two goods are perfect substitutes, then the indifference curves for those two goods would be____________
A) Upward sloping and concave to the origin.
B) Downward sloping and convex to the origin.
C) Downward sloping and straight.
D) L-shaped

Five Philosophies of Marketing Management

Five Philosophies of Marketing Management: There are different concepts that guide sellers to conduct their marketing activities. For
example, sellers can only focus on production and try to reduce their cost of production, or focus on improving the quality of product.
Similarly, they can pay more a
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MCQ: 237
Hawthorne Studies is related to which stage of the organizational behaviour evolution
A) Industrial revolution
B) Scientific management
C) Quantitative approaches
D) Human relations movement
MCQ: 238
Which of the following represents correct sequencing of historical developments of Organizational Behaviour?
A) Industrial revolution > Scientific management > Human relations movement > OB
B) Industrial revolution > Human relations movement > Scientific management > OB
C) Scientific management > Human relations movement > Industrial revolution > OB
D) None of these.
MCQ: 239.
Job Satisfaction is________________ related to Absenteeism and Turnover
A. Positively
B. Negatively
C. Directly
D. N.O.T

MCQ: 240
Which of the following will increase the margin of safety?
A. Increase of variable cost by 10%
B. Increase of actual sales by 10%
C. Increase of fixed cost by 10%
D. A.O.T.
MCQ: 241.
A diagram where X axis is the number of units sold and Y axis the revenue and cost. The point at which sales line
intersects total cost line is the:
A. Maximum sales revenue
B. Net profit
C. Net loss
D. Break-even point
MCQ:242
_________budget will typically be prepared first in the budget preparation cycle of a manufacturing company.
A. Production budget
B. Sales budget
C. Cost of goods sold budget
D. Factory or manufacturing overhead
MCQ:243
When a market is in equilibrium?
A) Quantity demanded equals quantity supplied
B) Excess demand and excess supply are zero
C) The market is cleared by the equilibrium price
D) All of the above
MCQ: 244
An increase in consumer income will increase demand for a _______ but decrease demand for a _________
A) Substitute Good, Inferior Good
B) Normal Good, Inferior Good
C) Inferior Good, Normal Good
D) Normal Good, Complementary Good
MCQ:245
A supply curve is directly affected by
A. Technology
B. Input costs
C. Government regulation
D. All of the above
MCQ: 246
On a graph, a positive linear relationship__________
A. Moves Down To The Right
B. Moves Up To The Left
C. Moves Up To The Right

D. Moves Down To The Left

Visit key page for answer.
MCQ: 247
The accrual basis of accounting records revenues when they are:
A. Collected
B. Earned
C. Contracted
D. Readily Available For Use
MCQ: 248
Following are Non-parametric tests, except
A. ANOVA
B. Chi-squared test
C. Wilcoxon signed rank test
D. Mann-Whitney U test.
Visit key page for answer.
MCQ: 249.
Trial balance is prepared to check accuracy of _______
A) Ledger accounts balances
B) Balance sheet balances
C) Income statement balances
D) Cash flow statement balances
Visit key page for answer.
MCQ: 250
The term 'EVA' is used for
A. Extra Value Analysis
B. Economic Value Added
C. ExpectedValue Analysis
D. Engineering Value Analysis
MCQ: 251.
A Current Ratio is Less than One means:
A. Current Liabilities < Current Assets
B. Fixed Assets >Current Assets
C. Current Assets < Current Liabilities
D. Share Capital > Current Assets.
Visit key page for answer.
MCQ:252.
Suppliers and Creditors of a firm are interested in_______
A. Profitability Position
B. Liquidity Position
C. Market Share Position
D. Debt Position.
Visit key page for answer.
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MCQ:253
Cost of a fixed asset Accumulated depreciation expenses of the fixed asset=___________.
A) Book value of a fixed asset
B) Market value of a fixed asset
C) Historical cost of a fixed asset
D) Recoverable amount of a fixed asset
Visit key page for answer.

How to calculate Net Present Value?

http://www.mbasubjects.com//how-to-calculate-net-present-/

How to calculate Net Present Value?

Net present value is generally known as NPV. It is an investment criterion to evaluate any project. Chief financial officers generally used NPV
as investment criteria in the investment decision known as capital budgeting and it is the pivotal to the success of the firm.
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GAT Subject Management Sciences MCQs Key

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