Top 150+ Solved Enterprise Performance Management (EPM) MCQ Questions Answer
Q. Which one is the Capital Expenditure?
a. Capital invested by the owner
b. Selling expense for machine
c. Machine purchased
d. Daily expenses to operate business
Q. Who among the following have the authority to inspect the books of accounts?
a. Directors
b. Members
c. Officer of Sebi
d. Both (a) and (c)
Q. Under responsibility accounting, the evaluation of a manager’s performance is based on matters that the manager:
a. Directly controls
b. Directly and indirectly controls
c. Indirectly controls
d. Has shared responsibility for with another manager
Q. Return on Assets and Return on Investment Ratios belong to:
a. Liquidity Ratios
b. Profitability Ratios
c. Solvency Ratios
d. Turnover
Q. ………….. costs are not easily changed and are often fixed, for ex, once a company has decided to rent a place.
a. Committed
b. Discretionary
c. Engineered
d. Marginal
Q. Management by objective is the process in which
a. Top management sets objectives for the sub- ordinate managers
b. Budgeteer proposes to accomplish specific jobs and prepares budget for it.
c. A manager decides his own area of operations and prepares budget for it.
d. Budget is not prepared at all.
Q. Return on Assets (ROA) ratio is given by which of the following?
a. Net Income/ Sales
b. Sales / Total Assets
c. Net Income/ Total Assets
d. Gross Margin/ Net Sales
Q. The Strategic Business Unit evolved during the ………………………
a. 1970s & 1980s
b. 1990s
c. 1960s
d. 21st Century
Q. The strategic Business Unit evolved from …………………
a. Hierarchy- based structure of organization
b. Function based structure of organization
c. Territorial structure of organization
d. Divisional structure of organization
Q. There are four elements of Anthony’s model. Which one does not belong to the group?
a. Detector
b. Assessor
c. Effecter
d. Rejecter
Q. Total control over discretionary expense center is achieved primarily through ……… performance measures.
a. Financial
b. Non-financial
c. Objective based
d. Output based
Q. Which of the following areas is not covered under the Baldrige Award?
a. Education
b. Health Care
c. Small Business
d. Multi National Corporation (MNC)
Q. Which of the following is an example of lead indication?
a. Market share
b. Net profit
c. Gross margin
d. ROI
Q. If project A has a lower payback period than project B, this may indicate that project A may have a …………….
a. Lower NPV and be less profitable
b. Higher NPV and be less profitable
c. Higher NPV and be more profitable
d. Lower NPV and be more profitable
Q. The primary capital budgeting method that uses discounted cash flow techniques is the ……....
a. Net present value method
b. Cash payback technique
c. Annual rate of return method
d. Profitability index method