MCQ Bank
Which of the following is NOT a phase in operating cycle?
- A) Cost data collection and reporting
- B) Cost estimation
- C) Reporting
- D) Cost analysis
Which of the following is another name of purchase requisition?
- A) Work statement
- B) Work description
- C) Procurement plan
- D) Manufacturing plan
_____________ is called probability of the product, performing without failure.
- A) Availability
- B) Acceptability
- C) Reliability
- D) Operability
Which of the following means “Quality related to price”?
- A) Value
- B) Customer satisfaction
- C) Quality control
- D) Price control
All of the following fall under quality assurance principle EXCEPT:
- A) Process control charts
- B) Total quality control
- C) Reliability engineering
- D) Zero-defect programs
Which of the following is dependent on the size of the program?
- A) Purchased parts
- B) Special consultants
- C) Freight
- D) Material
If an organization overestimates the salary structure in project pricing, the project pricing will be
- A) Optimal
- B) Competitive
- C) None of the given options
- D) Non competitive
Data, is analyzed under which of the following?
- A) Cost estimation
- B) Cost accounting
- C) Cost control
- D) Cost management
Which of the following is Not a goal for any business?
- A) Price control
- B) Satisfy customers
- C) Gain market share
- D) Retain customers in long run
____________ refers to how a product looks, feels, sounds, tastes, or smells.
- A) Conformance
- B) Aesthetics
- C) Affordability
- D) Durability
Inspection costs, belong to which of the following?
- A) Appraisal costs
- B) External failure costs
- C) Prevention costs
- D) Internal failure costs
Empowerment, encourages which of the following?
- A) Responsibility
- B) Innovation
- C) Motivation
- D) Authority
Root Cause Analysis, relates to which of the following?
- A) Quality audits
- B) Process analysis
- C) Performance measurements
- D) Quality control measurements
Which of the following is NOT a conformance cost?
- A) Validation
- B) Verification
- C) Testing
- D) Rework
Which of the following is the source of product and process requirement?
- A) Intermediary
- B) Primary customer
- C) External customer
- D) Secondary customer
_______________ gives little practical approach to managers.
- A) Product-based criteria
- B) User-based criteria
- C) Integrating perspectives on quality
- D) Judgmental criteria
Which of the following cost estimation is more time consuming?
- A) Overhead
- B) Labor cost
- C) Material cost
- D) Indirect cost
A Pareto diagram, can be best described as which of the following?
- A) Control chart
- B) Histogram
- C) Cause-and-effect diagram
- D) Scatter chart
The project manager has the greatest impact on the quality of the product at _______________ stage.
- A) Quality assurance
- B) Quality management
- C) Total Quality Management
- D) Inspection
____________ is the balance between quality and cost.
- A) Salability
- B) Operability
- C) Reliability
- D) Maintainability