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MGT402 Midterm Preparation by ZB

Cost & Management Accounting PDF 1 MBUpdated 23 Oct 2026
Midterm past paper MGT402 Midterm Preparation by ZB PDF 1 MB
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Midterm past paper
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MGT402 Cost & Management Accounting
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PDF 1 MB
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23 Oct 2026
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MCQS · ZB · ZB MCQS · Midterm preparation file

Q1. Which of the following is a primary function of management?

  1. Planning
  2. Controlling
  3. Organizing
  4. All of the above

Answer: d) All of the above

Q2. The process of setting objectives and determining how to achieve them is called:

  1. Leading
  2. Controlling
  3. Planning
  4. Organizing

Answer: c) Planning

Q3. Which of the following is a characteristic of a successful leader?

  1. Good communication skills
  2. Strong decision-making skills
  3. Emotional intelligence
  4. All of the above

Answer: d) All of the above

Q4. What is the main purpose of the organizing function in management?

  1. Setting goals
  2. Allocating resources
  3. Motivating employees
  4. Evaluating performance

Answer: b) Allocating resources

Q5. A management theory that emphasizes efficiency and systematic control is called:

  1. Human Relations Theory
  2. Scientific Management Theory
  3. Behavioral Management Theory
  4. Systems Theory

Answer: b) Scientific Management Theory

Q6. Which of the following is a component of a SWOT analysis?

  1. Strengths
  2. Weaknesses
  3. Opportunities
  4. All of the above

Answer: d) All of the above

Q7. The ability to influence others to achieve organizational goals is called:

  1. Leadership
  2. Motivation
  3. Authority
  4. Power

Answer: a) Leadership

Q8. Which of the following describes a 'bureaucratic' organizational structure?

  1. Flat hierarchy with few management levels
  2. Strict chain of command with defined roles
  3. Flexible roles and decision-making authority
  4. Emphasis on teamwork and collaboration

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?

  1. Programmed decision
  2. Non-programmed decision
  3. Strategic decision
  4. Tactical decision

Answer: b) Non-programmed decision

Q10. Which leadership style is characterized by a leader who makes decisions without consulting others?

  1. Autocratic
  2. Democratic
  3. Laissez-faire
  4. Transformational

Answer: a) Autocratic

Q11. The concept of 'span of control' refers to:

  1. The number of employees a manager can effectively supervise
  2. The range of tasks a manager performs
  3. The level of authority a manager has
  4. The amount of time spent on decision-making

Answer: a) The number of employees a manager can effectively supervise

Q12. Which of the following is an example of a 'SMART' goal?

  1. Increase sales by 10% by the end of the quarter
  2. Improve customer satisfaction
  3. Develop a new product
  4. Become a better manager

Answer: a) Increase sales by 10% by the end of the quarter

Q13. Which type of planning focuses on long-term goals and strategies?

  1. Tactical planning
  2. Operational planning
  3. Strategic planning
  4. Contingency planning

Answer: c) Strategic planning

Q14. Which of the following is a disadvantage of a decentralized organizational structure?

  1. Slow decision-making
  2. Lack of coordination
  3. Better employee satisfaction
  4. Increased flexibility

Answer: b) Lack of coordination

Q15. Which of the following is the primary objective of performance management?

  1. Measuring employee output
  2. Improving employee performance
  3. Maximizing profit
  4. Rewarding top performers

Answer: b) Improving employee performance

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