mcqs bucket

  • Management SciencesMcqs Questions | MCQs Bucket

    mcqsbucket

      Best guide for exams of all nature, Competitive exams and Interviews
Here is the MCQs guide for the topic of Management Sciences. you will find various types of questions along with there answers in this
Q. In the course of converting to a marketing orientation, a company faces three hurdles _______
A.
Organized resistance, slow learning, and fast forgetting
B.
Management, customer reaction, competitive response
C.
Decreased profits, increased R&D, additional distribution
D.
Forecasted demand, increased sales expense, increased inventory costs


Show Answer
Q. Companies that practice both a reactive and proactive marketing orientation are implementing a __________ and are likely to be the most successful.
A.
Total market orientation
B.
External focus
C.
Customer focus
D.
Competitive, customer focus


Show Answer
Q. Marketers argue for a __________ in which all functions work together to respond to, serve, and satisfy the customer.
A.
Cross-functional team orientation
B.
Collaboration model
C.
Customer orientation
D.
Management-driven organization


Show Answer
Q. Which of the following is normally the most reliable source of audit evidence?
A.
Internal audit
B.
Suppliers’ statements
C.
Board minutes
D.
Analytical review


Show Answer
Q. According to ISA 500, the strength of audit evidence is determined by which two qualities?
A.
Appropriateness & competence
B.
Sufficiency & appropriateness
C.
Reliability & extensiveness
D.
Objectivity & independence


Show Answer
Q. Which of the following are you unlikely to see in the current file of auditors’ working papers?
A.
Memorandum & articles of association
B.
Audit planning memorandum
C.
Summary of unadjusted errors
D.
Details of the work done on the inventory count


Show Answer
Q. Which of the following is NOT an accepted method of selection in sampling?
A.
Systematic selection
B.
Pervasive selection
C.
Random selection
D.
Haphazard selection


Show Answer
Q. Which of the following describes sampling risk?
A.
The risk of the auditor carrying out a test the wrong way round
B.
The risk of reliance on unsuitable audit evidence
C.
The risk that the sample does not reflect the population
D.
The risk of the auditor reaching the wrong conclusions from testing


Show Answer
Q. At the planning stage you would NOT consider____________?
A.
the timing of the audit
B.
whether corrections from the inventory count have been implemented
C.
last year’s audit
D.
the potential use of internal audit


Show Answer
Q. Which of the following should NOT be considered at the planning stage?
A.
The timing of the audit
B.
Analytical review
C.
Last year’s written representation letter
D.
Obtaining written representations


Show Answer