
Best preparation of DSSC can be done through Management Sciences MCQs which are past experience of the candidates who have appeared in the previous selection of Pak Army officers through Direct Short Service Commission.
Management Sciences Objective Questions and Answers are given for complete preparation of Direct Short Service Commission and Lady Cadet Course. It also covers commerce MCQs which help in GAT tests and initial tests of Pak Army.
Management Sciences PDF notes for DSSC
Find here MCQs of Management Sciences (Part-1)
One of the Organizational factors that affects the ‘Job Design’ is:
(A) Diversity
(B) Workflow
(C) Feedback
(D) None of these
Who is responsible for the operations of various departments?
(A) Top Management
(B) Board of directors
(C) Middle Management
(D) None of these
Motion study was developed by:
(A) Peter Drucker
(B) Frank B. Gilbreth
(C) Lillian M. Gilbreth
(D) Both B and C
What did Frederick Taylor suggested, to motivate workers:
(A) To pay bonus
(B) To give them less work
(C) paying higher wages
(D) None of these
Henry fayol suggested that organizations can be subdivided into ________ groups of activities:
(A) 2
(B) 4
(C) 6
(D) 8
Who is known as the father of modern management:
(A) Peter Ferdinand Drucker
(B) Max Weber
(C) Alfred Marshall
(D) None of these
The father of scientific management is:
(A) Frederick Winslow Taylor
(B) Mathew Bolton
(C) Alfred Marshall
(D) JW Thomsan
(A) Technical and Managerial
(B) Economical and Technical
(C) Leadership and Technical
(D) None of these
In case of _________ Low level management has a complete authority to make decision:
(A) Order
(B) Centralization
(C) Decentralization
(D) None of these
Grapevine communication is a type of:
(A) Formal Communication
(B) Informal Communication
(C) Vertical Communication
(D) None of these
Management by Objective (MBO) was introduced by:
(A) Kelvin Ducker
(B) Peter Drucker
(C) John Smith
(D) None of these
(A) Monthly
(B) Yearly
(C) weekly
(D) None of these
(A) Sold Item
(B) Sales Target
(C) Manufactured Product
(D) All of above
In a business organization, administration function is performed by:
(A) Middle Management
(B) Workers Force
(C) Top level Management
(D) None of these
POSDCORB management function was designed by:
(A) Henri Fayol
(B) Tom Werich
(C) Luther Gulick
(D) Henry Richard
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Management Sciences MCQs with Answers
Find here MCQs of Management Sciences (PArt-2)
Having some overall goal in mind, financial management is concerned with:
A. Financing of assets
B. Acquisition of assets
C. Management of assets
D. All of them
The investment decision is the most important of the firm’s three major decisions, when it comes to:
A. Value creation
B. Value proposition
C. Value addition
D. Value deletion
A. Proposed dividend ratio
B. Earning per share ratio
C. Dividend payout ratio
D. Expected dividend ratio
Profit maximization is the maximizing a firm’s Earning:
A. After Tax
B. Before Tax
C. Both A and B
D. None of Them
A. Agent
B. Subordinate
C. Servant
D. Assistant
A. Creditors and customs
B. Stakeholders
C. Employees and suppliers
D. All of Them
All the constituencies with a stake in the fortunes of the company are termed as:
A. Stakeholders
B. Chief executives
C. Directors
D. Subordinates
The system by which companies are managed and controlled is known as:
A. Strategic System
B. Management System
C. Corporate Governance
D. Internal System
Corporate governance encompasses the relationship among a company’s:
A. Shareholders and senior management
B. Board of directors and senior management
C. Shareholders and board of director
D. Shareholders, board of directors and senior management
A. Year-to-Year activities
B. Managerial activities
C. Day-to-Day activities
D. Financial activities
A major facet of financial management involves providing the financing necessary to support:
A. Debts
B. Liabilities
C. Loans
D. Assets
A. Particular creditor
B. Particular firm
C. Particular market
D. Particular debtor
A. Subordinates
B. Workers
C. Shareholders
D. Employees
Maximizing Shareholder wealth:
A. Partially relives the firm’s responsibility towards society
B. Does not relieve the firm’s responsibility towards society
C. Relieves the firms responsibility towards society
D. None of Them
Period costs include which of the following?
A. Selling expense
B. Direct labor
C. Raw material
D. Manufacturing overhead
Product costs include which of the following?
A. General expenses
B. Selling expenses
C. Manufacturing overhead
D. Administrative expenses
Financial policy is evaluated by which of the following?
A. Total Assets Turnover
B. Profit Margin
C. Debt-equity ratio
D. None of the given options
Cash flow from assets involves which of the following component(s)?
A. Capital spending
B. Operating cash flow
C. Change in net working capital
D. All of the given options
A. Operating Cash Flows
B. Financing Cash Flows
C. Investing Cash Flows
D. All of the given options
Finance is vital for which of the following business activity (activities)?
A. Product Pricing
B. Marketing Research
C. Design of marketing and distribution channels
D. All of the given options
Which of the following costs are reported on the income statement as the cost of goods sold?
A. Product cost
B. Both product cost and period cost
C. Period cost
D. Neither product cost nor period cost
A. 36 days
B. 5 days
C. 48 days
D. 73 days
Which of the following terms refers to the use of debt financing?
A. Manufacturing Leverage
B. Financial Leverage
C. Operating Leverage
D. None of the given options
In which type of market, new securities are traded?
A. Primary market
B. Tertiary market
C. Secondary market
D. None of the given options
Which of the following ratios are particularly interesting to short-term creditors?
A. Liquidity Ratios
B. Profitability Ratios
C. Long-term Solvency Ratios
D. Market Value Ratios
Quick Ratio is also known as_______________?
A. Cash Ratio
B. Acid-test Ratio
C. Current Ratio
D. Solvency Ratio
A portion of profits, which a company retains itself for further expansion, is known as:
A. Capital Gain
B. Retained Earnings
C. Dividends
D. None of the given options
Which of the following is measured by profit margin?
A. Operating efficiency
B. Financial policy
C. Asset use efficiency
D. Dividend policy
A. Leverage Ratios
B. Liquidity Ratios
C. Profitability Ratios
D. Market Value Ratios
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Management Sciences Exam Questions
Find here MCQs of Management Sciences (Part-3)
A company having a current ratio of 1 will have __________ net working capital.
A. Negative
B. Positive
C. zero
D. None of the given options
Which of the following equation is known as Cash Flow (CF) identity?
A. CF from Assets = CF to Stockholders – CF to Creditors
B. CF from Assets = CF to Creditors – CF to Stockholder
C. CF to Stockholders = CF to Creditors + CF from Assets
D. CF from Assets = CF to Creditors + CF to Stockholder
The difference between current assets and current liabilities is known as____________?
A. Short-term Ratio
B. Surplus Asset
C. Working Capital
D. Current Ratio
The principal amount of a bond at issue is called____________?
A. Par value
B. Present value of an annuity
C. Coupon value
D. Present value of a lump sum
Which of the following is the process of planning and managing a firm‟s long-term investments?
A. Capital Rationing
B. Capital Structuring
C. Capital Budgeting
D. Working Capital Management
A. a common-size statement
B. a cash flow statement
C. an income statemen
D. a balance sheet
The DuPont Identity tells us that Return on Equity is affected by:
A. financial Leverage (as measured by equity multiplier)
B. asset use efficiency (as measured by total assets turnover)
C. asset use deficiency (as measured by total assets turnover)
D. all of the given options (a, b and c)
A. an ordinary annuity
B. multiple cash flows
C. annuity due
D. perpetuity
A. MIRR (Modified Internal Rate of Return)
B. IRR (Internal Rate of Return)
C. WACC (Weighted Average Cost of Capital)
D. AAR (Average Accounting Return)
A. Capital Structure
B. Portfolio
C. Stock Bundle
D.. None of the given options
Which of the following relationships holds TRUE if a bond sells at a discount?
A. Bond Price < Par Value and YTM > coupon rate
B. Bond Price > Par Value and YTM > coupon rate
C. Bond Price < Par Value and YTM < coupon rate D. Bond Price > Par Value and YTM < coupon rate
A. To less short-term debt and more long-term debt
B. To maintain a low ratio of current assets to sales
C. To maintain a high ratio of current assets to sales
D. To more short-term debt and less long-term debt
Which of the following statement is CORRECT regarding compound interest?
A. It is calculated by multiplying principal by rate multiplied by time.
B. It earns profit not only on principal but also on interest.
C. It is the most basic form of calculating interest.
D. It does not take into account the accumulated interest for calculation.
When real rate is high, all the interest rates tend to be ___________?
A) Higher
B) Constant
C) Lower
D) None of the given options
Profitability index (PI) rule is to take an investment, if the index exceeds___________?
A. -1
B. 2
C. 1
D. 0
Average Accounting Return is a measure of accounting profit relative to:
A. Book value
B. Cost
C. Intrinsic value
D. Market value
Which of the following is the cheapest source of financing available to a firm?
A. Commercial papers
B. Bank loan
C. Trade credit
D. None of the given options.
A. Financial risk
B. Operating risk
C. Portfolio risk
D. Market risk
The use of Personal borrowing to alter the degree of financial leverage is called__________?
A. Homemade leverage
B. Operating leverage
C. Financial leverage
D. None of the given option
A. Financing cost
B. Opportunity cost
C. Sunk cost
D. All of the given options
A model which makes an assumption about the future growth of dividends is known as:
A. Dividend Policy Model
B. Dividend Growth Model
C. Dividend Price Model
D. All of the given options
Which of the following is not a quality of IRR ?
A. Easily communicated and understood
B. Ideal to rank the mutually exclusive investments
C. Most widely used
D. Can be estimated even without knowing the discount rate
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. None of the given options
A. Rs. 25,000
B. Rs. 33,000
C. Rs. 17,000
D. Rs. 8,000
The conflict of interest between stockholders and management is known as:
A. Agency problem
B. Agency cost
C. Management conflict
D. Interest conflict
Which of the following form of business organization is least regulated?
A. Sole-proprietorship
B. Limited Partnership
C. General Partnership
D. Corporation
Which of the following ratios are intended to address the firm’s financial leverage?
A. Profitability Ratios
B. Long-term Solvency Ratios
C. Asset Management Ratios
D. Liquidity Ratios
Balance Sheet is based upon which of the following formula?
A. Assets + Liabilities = Stockholder’s equity
B. Assets = Liabilities – Stockholder’s equity
C. Assets + Stockholder’s equity = Liabilities
D. Assets = Liabilities + Stockholder’s equity
Quick Ratio is also known as_________?
A. Cash Ratio
B. Acid-test Ratio
C. Current Ratio
D. None of the given options
A. Special Annuity
B. Ordinary Annuity
C. Annuity Due
D. Perpetuity
A. Rs. 1,000 because you receive it sooner
B. Rs. 1,000 because it has the higher future value
C. Rs. 1,050 because it is more money
D. Either because both options are of equal value
Which of the following ratios are particularly interesting to shortterm creditors?
A. Liquidity Ratios
B. Profitability Ratios
C. Long-term Solvency Ratios
D. Market Value Ratios
In which form of Business, owners have limited liability?
A. partnership
B. sole proprietorship
C. joint stock company
D. none of the above
Which of the following item provides the important function of shielding part of income from taxes?
A. Supplies
B. Inventory
C. Machinery
D. Depreciation
A. Discounting
B. Factorization
C. Compounding
D. None of the given options
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Management Sciences Questions and Answers PDF
Find here MCQs of Management Sciences (Part-4)
A. 15.75 years
B. 10.51 years
C. 8.42 years
D. 18.78 years
In which of the following type of annuity, cash flows occur at the beginning of each period?
A. Perpetuity
B. Annuity due
C. Ordinary annuity
D. None of the given options
A. lower-coupon; higher-coupon
B. short-term; long-term
C. long-term; short-term
D. None of the given options
Which of the given area is NOT addressed by Business Finance?
A. Investing
B. Financing
C. Managing day today expenses
D. None of the given options
A company having a current ratio of 1 will have ________ net working capital.
A. Negative
B. Positive
C. zero
D. None of the given options
Business Finance addresses which of the following?
A. Capital structure
B. Capital budgeting
C. Working capital management
D. All of the given options
A. Limited Partnerhsip
B. General Partnership
C. Sole-proprietorship
D. Corporation
Which of the following is measured by retention ratio?
A. Asset use efficiency
B. Operating efficiency
C. Financial policy
D. Dividend policy
A. 24 years
B. 12 years
C. 6 years
D. 48 years
A. Real-Time Risk
B. Interest Rate Risk
C. Fluctuations Risk
D. Inflation Risk
A. Leverage Ratios
B. Liquidity Ratios
C. Profitability Ratios
D. Market Value Ratios
If a firm uses cash to purchase inventory, its quick ratio will?
A. Remain unaffected
B. Decrease
C. Increase
D. Become zero
A. Financing activity
B. Investing activity
C. Operating activity
D. None of the given options
Which of the following ratios are particularly interesting to short term creditors?
A. Liquidity Ratios
B. Profitability Ratios
C. Long-term Solvency Ratios
D. Market Value Ratios
A. Corporation
B. Partnership
C. Sole-proprietorship
D. None of the given options
A. Premium
B. Par
C. Discount
D. Cannot be determined without more information
A. Cash Flow Statement
B. Balance Sheet
C. Income Statement
D. Retained Earning Statement
A. Net Present Value
B. Cash Flow
C. Net Working Capital
D. None of the given options
A. 25%
B. 12%
C. 40%
D. 60%
Which of the following ratios is NOT from the set of Asset Management Ratios?
A. Receivable Turnover
B. Inventory Turnover Ratio
C. Capital Intensity Ratio
D. Return on Assets
Which of the following statement about bond ratings is TRUE?
A. Bond ratings are based solely on information acquired from sources other than the bond issuer.
B. Bond ratings are typically paid for by a company’s bondholders.
C. Bond ratings represent an independent assessment of the credit-worthiness of bonds.
D. None of the given options
A. Rs. 5,900
B. Rs. 5,400
C. Rs. 6,600
D. Rs. 6,802
Which of the following statement is TRUE regarding debt?
A. Debt provides the voting rights to the bondholders.
B. Unpaid debt can result in bankruptcy or financial failure.
C. Debt is an ownership interest in the firm.
D. Corporation’s payment of interest on debt is fully taxable.
A. Rs. 500,000
B. Rs. 300,000
C. Rs. 800,000
D. Rs. 1100,000
A. Return on Assets
B. Profit Margin
C. Return on Equity
D. Debt-Equity Ratio
A. Rs. 1,331
B. Rs. 1,244
C. Rs. 1,000
D. Rs. 1,464
In case of international business which of the given factor(s) must be considered?
A. Balance of payments
B. Role of foreign exchange
C. Attitude of Governments
D. All of the given options
Which of the following refers to the difference between the sale price and cost of inventory?
A. Net worth
B. Net loss
C. Markup
D. Markdown
Who of the following make a broader use of accounting information?
A. Auditors
B. Financial Analysts
C. Accountants
D. Marketers
The Yield to Maturity of a bond is the same as_____________?
A. The future value of the bond
B. The bonds internal rate of return
C. The present value of the bond
D. None of these
Choose from the following a symptom which is not relating to “Over Trading”?
A. Low current ratio
B. Low inventory turnover ratio
C. Cash shortage
D. High inventory turnover ratio
The formula to calculate the present value of a single cash flow is given by:
A. CF1 / (1+r)n
B. C0 + C (1+r)n
C. C2 / (1+r)
D. None of these
The effect of purchasing power or inflation on present value is important because _________?
A. It has no effect on real value of cash flow received in the future
B. It reduces the real value of cash flows received in the future
C. It increases the real value of cash flows received in the future
D. None of these
A. Inflow of funds
B. Use of funds
C. Sources of funds
D. None of these
Pak MCQs of Management Sciences
Find here MCQs of Management Sciences (Part-5)
Cash flow from assets involves which of the following component(s)?
- Operating cash flow
- Capital spending
- Change in net working capital
- All of the given options
- Particular market
- Particular firm
- Particular creditor
- Particular debtor
The system by which companies are managed and controlled is known as:
- Management System
- Strategic System
- Corporate Governance
- Internal System
Profit maximization is the maximizing a firm’s Earning:
- Before Tax
- After Tax
- Both A and B
- None of these
The scope of HRM does not include ____________?
- Retirement of employees
- Manpower planning
- Maintenance of accounts
- Training of employees
The objectives of HRM are categorized as _____________?
- Personal objectives
- Functional objectives
- Organizational and social objectives
- All of the above
Scope of the HRM includes ______________?
- Retirement and separation of employees
- HR training and development
- Industrial relations
- All of the above
Human Resource Management is______________?
- Employee oriented
- Employer oriented
- Legally oriented
- None of these
Which of the following is not a function normally performed by HR department?
- Accounting
- Recruitment and Selection
- Pay and Reward
- Employee Relations
The term used before the language of modern HRM was ___________?
- Labour Relations
- Personnel Management
- Industrial Management
- All of the above