Questions

M.C.Q (1 Marks)

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20 questions · timed · auto-graded

MCQ 11 Mark
Identify the principle of management followed in the following pictorial
representation.

Image
  • A
    Remuneration
  • B
    Equity
  • C
    The Degree of Centralization
  • Authority and Responsibility
Answer
Correct option: D.
Authority and Responsibility
(d) Authority and Responsibility
Explanation:
Authority and Responsibility
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MCQ 21 Mark
This is one of the features of standards. Identify it.
  • A
    Unbending
  • Flexible
  • C
    Static
  • D
    Rigid
Answer
Correct option: B.
Flexible
(b) Flexible
Explanation: It is important that standards should be flexible enough to be modified whenever required.
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MCQ 31 Mark
Other things remaining the same if the fixed operating cost is high the firm would opt to raise finance from:
  • A
    Bills receivable
  • Equity shares
  • C
    Commercial paper
  • D
    Debentures
Answer
Correct option: B.
Equity shares
(b) Equity shares
Explanation: Equity Shares.
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MCQ 41 Mark
Following are the managerial functions against their respective aspects:
Managerial functionsAspects
(a) Planning(i) Deviations
(b) Staffing(ii) Objectives
(c) Direction(iii) Abilities
(d) Controlling(iv) Leadership
Select the most appropriate combination.
  • (a) - (ii), (b) - (iii), (c) - (iv), (d)- (i)
  • B
    (a) - (iv), (b) - (iii), (c) - (ii), (d)- (i)
  • C
    (a) - (iii), (b) - (i), (c) - (ii), (d) (iv)
  • D
    (a) - (iv), (b) - (i), (c) - (iii), (d) (ii)
Answer
Correct option: A.
(a) - (ii), (b) - (iii), (c) - (iv), (d)- (i)
(a) (a) - (ii), (b) - (iii), (c) - (iv), (d) - (i)
Explanation: (a) - (ii), (b) - (iii), (c) - (iv), (d) - (i)
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MCQ 51 Mark
If there is a plan to increase production then more labour, more machinery will be required. This step in the process of planning will involve organising for labour and purchase of machinery. Identify the step in the planning process being discussed above.
  • A
    Identifying alternative courses of action
  • B
    Setting objectives
  • Implementing the plan
  • D
    Selecting an alternative
Answer
Correct option: C.
Implementing the plan
(c) Implementing the plan
Explanation: Implementing the plan
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MCQ 61 Mark
Statement I: Marketing planning covers various important aspects including the plan for increasing the level of production, promotion of the products, etc., and specifies the action programmes to achieve these objectives.
Statement II: Standardisation is the process of classification of products into different groups, on the basis of some of its important characteristics such as quality, size, etc.
  • Statement I is correct and Statement II is not correct.
  • B
    Both the Statements I and II are not correct.
  • C
    Statement II is correct and Statement I is not correct.
  • D
    Both the Statements I and II are correct.
Answer
Correct option: A.
Statement I is correct and Statement II is not correct.
(a) Statement I is correct and Statement II is not correct.
Explanation: Statement I is correct and Statement II is not correct.
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MCQ 71 Mark
________ is a major determinant of the decision about dividend.
  • Amount of earnings
  • B
    Stability of earnings
  • C
    Cash flow positions
  • D
    Stability of dividends
Answer
Correct option: A.
Amount of earnings
(a) Amount of earnings
Explanation: Amount of earnings.
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MCQ 81 Mark
The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Many companies such as Tata Motors, Kinetic Motors, Maruti Suzuki, and Hyundai Motors are all readying their EV models for a 2020 launch in order to support the plan.
Identify the type of plan being described in the above lines.
  • Strategy
  • B
    Programme
  • C
    Objective
  • D
    Method
Answer
Correct option: A.
Strategy
(a) Strategy
Explanation: Strategy is the correct option.
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MCQ 91 Mark
Statement I: National Commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration exceeds ten crores of rupees.
Statement II: If any of the parties are not satisfied by the order of National Commission can appeal against such order to the Supreme Court of India within a period of thirty days of such order.
  • Both the Statements I and II are correct.
  • B
    Statement II is correct and Statement I is not correct.
  • C
    Both the Statements I and II are not correct.
  • D
    Statement I is correct and Statement II is not correct.
Answer
Correct option: A.
Both the Statements I and II are correct.
(a) Both the Statements I and II are correct.
Explanation: Both the Statements I and II are correct.
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MCQ 101 Mark
As a part of its capital structure, Anirudh Ltd. had ₹50 lakhs as Equity Share Capital and a loan of ₹20 lakhs from Neon Bank. On earning a good profit, Anirudh Ltd decided to give dividend to the Equity Shareholders but were surprised when the Neon Bank imposed restrictions on the payment of dividend. The factor affecting dividend decision which allows Neon Bank to impose restrictions on the payment of dividend by Anirudh Ltd. is________.
  • A
    Taxation Policy
  • B
    Stability of Dividends
  • C
    Legal constraints
  • Contractual constraints
Answer
Correct option: D.
Contractual constraints
(d) Contractual constraints
Explanation: Contractual constraints
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MCQ 111 Mark
Maturity period to call money is:
  • A
    1 to 30 days
  • 1 to 15 days
  • C
    15 to 1 years
  • D
    15 to 90 days
Answer
Correct option: B.
1 to 15 days
(b) 1 to 15 days
Explanation: Maturity of 1 to 15 days used for inter-bank transaction.
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MCQ 121 Mark
Assertion (A): Span of Management means for how many years an employee exists in a firm.
Reason (R): Narrow span of management results in a tall structure whereas a wide span of management results in a flat structure.
  • A
    Both A and R are true and R is the correct explanation of A.
  • B
    Both A and R are true but R is not the correct explanation of A.
  • C
    A is true but R is false.
  • A is false but R is true.
Answer
Correct option: D.
A is false but R is true.
(d) A is false but R is true.
Explanation: The span of management means how many employees can be effectively managed by one manager.
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MCQ 131 Mark
Which of the following statement is false?
a. If a firm’s business risk is lower, its capacity to use debt is higher.
b. If the stock markets are bullish, use of equity is often preferred by companies in such a situation.
c. Working capital affects both the liquidity as well as profitability of a business.
d. Current assets are never financed through long-term sources.
  • option (d)
  • B
    option (a)
  • C
    option (c)
  • D
    option (b)
Answer
Correct option: A.
option (d)
(a) option (d)
Explanation: Current assets are never financed through long-term sources.
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MCQ 141 Mark
Govind is a HR manager in Pawan Constructions Ltd. He is paid an annual salary of ₹10 lakh. He is also given company shares at a price less than the market price. Which of the following method of compensation is used by company to pay to its HR manager?
  • Time based pay plus incentives
  • B
    Time based pay as well as performance based financial incentive
  • C
    Performance based direct financial payment
  • D
    Time based direct financial payment
Answer
Correct option: A.
Time based pay plus incentives
(a) Time based pay plus incentives
Explanation: Time based pay plus incentives.
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MCQ 151 Mark
The term of the Treasury Bill cannot be more than ________ year.
  • A
    Two
  • B
    Ten
  • One
  • D
    Five
Answer
Correct option: C.
One
(c) One
Explanation: Tenure of treasury bill cannot be more than One year.
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MCQ 161 Mark
Which among the following is a feature of the standard?
  • A
    Static
  • B
    General guidelines
  • Flexible
  • D
    Rigid
Answer
Correct option: C.
Flexible
(c) Flexible
Explanation: Standards are the criteria against which actual performance would be measured. It is important enough that standards should be flexible enough to be modified whenever required, because of the changes taking place in the internal and external business environment
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MCQ 171 Mark
Which of the following affects capital budgeting decision?
  • A
    Investment Criteria and interest rate
  • B
    Cash Flow of the Project
  • All of these
  • D
    Rate of Return
Answer
Correct option: C.
All of these
(c) All of these
Explanation: Rate of return cash, Flow of the project investment, criteria and interest rate affects capital budgeting decision.
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MCQ 181 Mark
At what managerial level planning is needed?
  • A
    Top level
  • All the levels
  • C
    Lower level
  • D
    Middle level
Answer
Correct option: B.
All the levels
(b) All the levels
Explanation: Planning is needed at all the levels of management.
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MCQ 191 Mark
________ is a part of money market.
  • A
    Equity share
  • B
    Preference share
  • Commercial Bill
  • D
    Debentures
Answer
Correct option: C.
Commercial Bill
(c) Commercial Bill
Explanation: Commercial Bill, Treasury bill etc are example of money market.
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MCQ 201 Mark
Krishnan Murty, a Professor of Management conducted a class on Management principles and explained to his students the significane of Management Principles. In the next class, the Professor asked his students to play roles of different managers. He gave them various situations and asked them to think like managers and provide solutions to the problems given in these situations. Each student applied the principles of management to the given situation in his own personalized manner, depending upon his creativity.
The nature of management highlighted in the above case is:
  • A
    Management as a Science
  • B
    Management as a Profession
  • C
    Management both as an Art and as a Science
  • Management as an Art
Answer
Correct option: D.
Management as an Art
(d) Management as an Art
Explanation: Management as an Art.
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M.C.Q (1 Marks) - Business Studies STD 12 Commerce Questions - Vidyadip