Management Sciences Quiz 6 Welcome to Shaheen Leader Academy We expect 100% result. Click on Start Button. Your time is Ended. Thanks Management Sciences Management Sciences Quiz 1 / 25 The depreciation fund method is usually known as:- Annuity method Depreciation fund method Sinking fund method 2 / 25 How capital is obtained:- Statement of affairs Debtors account Creditors account 3 / 25 Which is not associated with the directing  functions ;- Participation Utilizing staff department Leadership 4 / 25 The final step in long rang planning is ;- Develop planning premises Control to the plans Establish strategies 5 / 25 The system by which the companies are managed is known as;- Management system Corporate governance Strategic system 6 / 25 Production planning and control department is basically responsible  for :- Formulating production policy None of them Scheduling output to fulfill sales needs 7 / 25 Which is not a principle by Henry Fayal :- Unity of command Harmony not discord Division of work 8 / 25 Managing Director is the position of  ________ level of management in a large company;- Lower Top Middle 9 / 25 The acceptance of bill of exchange in the consignee book is debited to:- Consignor account Consignment account Trading account 10 / 25 Provision is created for known liability:- Yes No 11 / 25 n simplex method, we add _________ in the case of constraint with sign = :- Artificial variable Surplus variable Slack variable 12 / 25 Successful management ensures that ;- Both of them Timely achievement oof goals Goals are achieved with least cost 13 / 25 The person heading the organizational hierarchy is least likely  to be called ;- First line supervisor President Chief executive 14 / 25 The goods which are contingent is part of:- Ascertained Future Unascertained 15 / 25 The outlet where the services are being provided to customer is called;- Waiting line Service faciility Idle facility 16 / 25 Which is not an example of financial incentive ;- Job enrichment Perquisites Profit sharing 17 / 25 _____________ is concerned with determination of the most economic replacement policy;- Replacement theory Probabilistic programming Linear programming Search theory 18 / 25 A decision by a government to lease rather than purchase  retail sales outlets is an example of ;- Monitory policy Finance policy Export policy 19 / 25 Pervasveness of planning indicates  that planning :- Is a top management function extends throughout the organisation is a future oriented activity 20 / 25 Management is a goal oriented process :- False True 21 / 25 The communication pattern which is generally fastest and most accurate for simple problems is called ;- Chain patterns Circular patterns Centralized patterns 22 / 25 ___________ is an important research technique to be used for determining optimal allocation of limited resources to meet the given objectives:- waiting line theory net work analysis decision analysis linear programming 23 / 25 All costs are likely  to decrease as a result  of better quality except ;- Customer dissatisfaction cost Maintenance costs Inspection costs 24 / 25 Unity of command implies be accountable to one and only one superior ;- False True 25 / 25 An accurate forecast is least likely to be  dependent upon ;- Work plan Time period Number of variables Your score is Restart quiz Subscribe our Channel Here