Explore topic-wise MCQs in Testing Subject.

This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.

1.

The one who issue orders in chain of command outside their department is

A. staff managers
B. line managers
C. finance manager
D. Both A and B
Answer» C. finance manager
2.

The group of observations for which better understanding is needed and the group is related to specific phenomenon is classified as

A. population
B. population statistic
C. phenomenon statistic
D. parameter statistic
Answer» B. population statistic
3.

The method of counting the outcomes in which the number of outcomes are determined without taking care of the arrangement order is classified as

A. listed combinations
B. union combinations
C. intersection combination
D. unlisted combinations
Answer» D. unlisted combinations
4.

The transaction cost of trading of financial instruments in centralized market is classified as

A. flexible costs
B. low transaction costs
C. high transaction costs
D. constant costs
Answer» C. high transaction costs
5.

When was the Territory of Iowa established?

A. 1838
B. 1803
C. 1794
D. 1823
Answer» B. 1803
6.

The risk faced by financial institutions in which advancement of technology does not produce savings in cost is classified as

A. savings risk
B. advance risk
C. cost risk
D. technology risk
Answer» E.
7.

The type of market in which securities with less than one year maturity are traded is classified as

A. money market
B. capital market
C. transaction market
D. global market
Answer» B. capital market
8.

In probability theories, the collection of all the events possible outcomes from an experiment is classified as

A. mutually exclusive events
B. collectively exhaustive events
C. collectively exclusive events
D. mutually exhaustive events
Answer» C. collectively exclusive events
9.

The branch of statistics which deals with development of particular statistical methods is classified as

A. industry statistics
B. economic statistics
C. applied statistics
D. mathematical statistics
Answer» E.
10.

The type of variable which can take any numerical figure for calculation is classified as

A. continuous variable
B. measuring variable
C. flowchart variable
D. discrete variable
Answer» B. measuring variable
11.

The systematic flow of services, goods or information from the material buying to product delivery to customers is known as

A. supply chain
B. value chain
C. material flow chain
D. manufacturing flow chain
Answer» B. value chain
12.

The purchase order lead time is multiplied to number of units sold per unit of time to calculate

A. carrying costs
B. relevant total costs
C. economic order quantity
D. reorder point
Answer» E.
13.

Job analysts task is to

A. Prepare job description
B. Integrating development activities
C. Develop compensation plans
D. Advising management
Answer» B. Integrating development activities
14.

The customer classification depends on

A. Potential profitability
B. Projected loyalty
C. Both a and b
D. None of above
Answer» D. None of above
15.

The interview in which interviewer does not ask question as a set format is called

A. non directive interview
B. directive interview
C. Both A and B
D. None of the above
Answer» B. directive interview
16.

The legal document required by Securities Exchange Commission stating associated risks and detailed description of issues is classified as

A. prospectus
B. stated document
C. risk detailed document
D. exchange commission document
Answer» B. stated document
17.

The use of statistics in analysis of time when to order and quantity required for the in sourcing or outsourcing of materials is an example of usage of

A. statistics in marketing
B. statistics in production
C. statistics in personnel management
D. statistics in finance
Answer» C. statistics in personnel management
18.

Centers of expertise provides special assistance in

A. Updates regarding appraisal
B. Production department
C. Organizational change
D. Long term strategic plan
Answer» D. Long term strategic plan
19.

The markets in which transactions are done through computers and telephone without any specific location are classified as

A. past counter market
B. future counter market
C. over the counter markets
D. capital counter market
Answer» D. capital counter market
20.

The characterization, collection and presentation of particular set of data in organized way is classified as

A. descriptive statistics
B. education statistics
C. social statistics
D. business statistics
Answer» B. education statistics
21.

Capital Market Line is firstly initiated by

A. Mohsin
B. Linter
C. Markowitz
D. William Sharpe
Answer» E.
22.

The average inventory in units is multiplied to annual relevant carrying cost of each unit to calculate

A. annual irrelevant ordering costs
B. annual relevant carrying costs
C. annual relevant ordering costs
D. annual irrelevant carrying costs
Answer» C. annual relevant ordering costs
23.

The outcome of experiment which can be broken into more convenient list of outcomes is called

A. alpha event
B. gamma event
C. simple event
D. random event
Answer» D. random event
24.

The variables whose measurement is done in terms such as weight, height and length are classified as

A. continuous variables
B. measuring variables
C. flowchart variables
D. discrete variables
Answer» B. measuring variables
25.

The depository institutions such as thrifts includes

A. savings associations
B. savings banks
C. credit unions
D. all of above
Answer» E.
26.

The ability of an asset to be converted in to cash very quickly is classified as

A. variable securities
B. convertible securities
C. liquidity
D. constant securities
Answer» D. constant securities
27.

If average inventory is 2000 units and annual relevant carrying cost of each unit is $5 then annual relevant carrying costs is

A. $5,000
B. $4,500
C. $5,500
D. $6,000
Answer» B. $4,500
28.

The process of selling and buying of stocks and bonds is classified as

A. s-trade
B. b-trade
C. e-trade
D. stock trade
Answer» D. stock trade
29.

The metals get more reactive with oxygen as we move

A. across the Period II
B. across the periodic table
C. XX
D. down the Group II
Answer» E.
30.

The Markowitz model presumed generally investors are

A. risk averse
B. risk natural
C. risk seekers
D. risk moderate
Answer» B. risk natural
31.

In 'Butterflies' group, the customer needs and company's market offering has

A. Good fit
B. Little fit
C. Strong fit
D. Limited fit
Answer» B. Little fit
32.

The interview which consists of a group of interviewers asking questions from group of interviewee is called

A. panel interview
B. mass interview
C. computer interview
D. None of the above
Answer» C. computer interview
33.

If in an experiment the A and B are two events, then the occurrence of event A or B simultaneously is represented by

A. A intersection B
B. A + B
C. A - B
D. A union B
Answer» B. A + B
34.

The type of questions included in questionnaire to record responses in which the respondent can answer in any way are classified as

A. multiple choices
B. itemized question
C. open ended questions
D. close ended questions
Answer» D. close ended questions
35.

The probability of the event A that does not occur in experiment is equal to

A. 1 - P(A)
B. 1 + P(A)
C. 1 × P(A)
D. 2 - P(A)
Answer» B. 1 + P(A)
36.

The money market where debt and stocks are traded and maturity period is more than a year is classified as

A. shorter term markets
B. capital markets
C. counter markets
D. long-term markets
Answer» C. counter markets
37.

The exchange rate of foreign currency fluctuate day to day because of

A. demand and supply
B. increased maturity
C. decreased maturity
D. instrument availability
Answer» B. increased maturity
38.

The conditional probability of two independent events Y and Z can be written as

A. P(Y - Z)
B. P(Y * Z)
C. P(Y|Z)
D. P(Y + Z)
Answer» D. P(Y + Z)
39.

Which play of Ira Levin was made into a film starring Christopher Reeve, Michael Caine and Dyan Cannon?

A. General Seeger
B. Interlock
C. Cantorial
D. Deathtrap
Answer» E.
40.

The natural gas and steam is reacted together in Haber's process to make

A. nitrogen
B. oxygen
C. hydrogen
D. carbon dioxide
Answer» D. carbon dioxide
41.

Which type of market efficiency declares that current security prices totally reflect all information, equally public and private

A. Weak
B. Semi-strong
C. Strong
D. none of these
Answer» D. none of these
42.

Equilibrium reactions are found in large scale production of

A. sulfuric acid
B. ammonia
C. none
D. both a and b
Answer» E.
43.

The institutions classified as depository ones and have loans as their major assets are classified as

A. commercial banks
B. commercial mortgages
C. credit mortgages
D. credit derivative
Answer» B. commercial mortgages
44.

The measure of how well is a technique, concept or process is considered as

A. continuity of variables
B. goodness of variables
C. validity
D. reliability
Answer» D. reliability
45.

Which was Ira Levin’s first play?

A. Veronica’s Room
B. No Time for Sergeants
C. Critic’s Choice
D. Dr. Cook’s Garden
Answer» C. Critic’s Choice
46.

When did Ira Levin write A Kiss Before Dying?

A. 1957
B. 1956
C. 1953
D. 1964
Answer» D. 1964
47.

In duties of HR manager, staff functions consists of

A. Assisting line manager
B. Implementing the policies
C. Directing the tasks of people
D. All of the above
Answer» B. Implementing the policies
48.

The reports on quality control, production and financial accounts issued by the companies are considered as

A. external secondary data sources
B. internal secondary data sources
C. external primary data sources
D. internal primary data sources
Answer» C. external primary data sources
49.

The manager have line or staff authority is determined by

A. person in charge
B. Name of person in charge
C. type of department
D. nature of relationship
Answer» E.
50.

The previous probabilities in Bayes Theorem that are changed with the help of new available information are classified as

A. independent probabilities
B. posterior probabilities
C. interior probabilities
D. dependent probabilities
Answer» C. interior probabilities