- Type
- Midterm past paper
- Course
- MGT402 Cost & Management Accounting
- Size
- PDF 1 MB
- Updated
- 23 Oct 2026
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Q1. Which of the following is a primary function of management?
Answer: d) All of the above
Q2. The process of setting objectives and determining how to achieve them is called:
Answer: c) Planning
Q3. Which of the following is a characteristic of a successful leader?
Answer: d) All of the above
Q4. What is the main purpose of the organizing function in management?
Answer: b) Allocating resources
Q5. A management theory that emphasizes efficiency and systematic control is called:
Answer: b) Scientific Management Theory
Q6. Which of the following is a component of a SWOT analysis?
Answer: d) All of the above
Q7. The ability to influence others to achieve organizational goals is called:
Answer: a) Leadership
Q8. Which of the following describes a 'bureaucratic' organizational structure?
Answer: b) Strict chain of command with defined roles
Q9. In which type of decision-making does the manager have to make decisions with incomplete information?
Answer: b) Non-programmed decision
Q10. Which leadership style is characterized by a leader who makes decisions without consulting others?
Answer: a) Autocratic
Q11. The concept of 'span of control' refers to:
Answer: a) The number of employees a manager can effectively supervise
Q12. Which of the following is an example of a 'SMART' goal?
Answer: a) Increase sales by 10% by the end of the quarter
Q13. Which type of planning focuses on long-term goals and strategies?
Answer: c) Strategic planning
Q14. Which of the following is a disadvantage of a decentralized organizational structure?
Answer: b) Lack of coordination
Q15. Which of the following is the primary objective of performance management?
Answer: b) Improving employee performance
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