Explore topic-wise MCQs in Cost Accounting.

This section includes 11 Mcqs, each offering curated multiple-choice questions to sharpen your Cost Accounting knowledge and support exam preparation. Choose a topic below to get started.

1.

Under the Likert s Four Management System, which one of the following adopts a paternalistic approach towards the subordinates?

A. System 1 Exploitative Autocratic
B. System 2 Benevolent Autocratic
C. System 3 Consultative
D. System 4 Democratic
Answer» C. System 3 Consultative
2.

Under Fayol s 14 Principles of Management, which one of the following factor is related with Esprit de Corps?

A. Division of work
B. Team Work
C. Personal ability
D. Personal interest
Answer» C. Personal ability
3.

______________ refers to the process of passing information from one person to another and its understanding.

A. Planning
B. Communicating
C. Controlling
D. Motivating
Answer» C. Controlling
4.

_________ is concerned with the total manner in which a manager influences the actions of subordinates.

A. Planning
B. Organising
C. Directing
D. Staffing
Answer» D. Staffing
5.

________ is an act of choice wherein a person comes to a conclusion about what has to be done in a given situation.

A. Planning
B. Organising
C. Decision making
D. Controlling
Answer» D. Controlling
6.

_________ process is an interplay of three elements the leader, the follower and the situation.

A. Control
B. Motivation
C. Leadership
D. Planning
Answer» D. Planning
7.

____________ is the process of entrusting part of the work by the superior to his/her subordinates.

A. Centralisation
B. Accountability
C. Delegation of Authority
D. Responsibility
Answer» D. Responsibility
8.

Fayol viewed management as a process consisting of __________ functions which every manager performs.

A. 4
B. 5
C. 6
D. 7
Answer» C. 6
9.

____________ has defined authority as the power to take decisions which guide the actions of others.

A. Simon
B. Barnard
C. Terry
D. Taylor
Answer» B. Barnard
10.

Under ____________ leadership system, goals are set and work-related decisions are taken by the subordinates.

A. Exploitative
B. Benevolent
C. Authoritarian
D. Democratic
Answer» E.
11.

Close supervision, control of subordinates, centralization of authority, autocratic leadership styles are the features of

A. Need hierarchy theory
B. Two factor theory
C. Theory X
D. Theory Y
Answer» D. Theory Y