MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 2331 Mcqs, each offering curated multiple-choice questions to sharpen your UGC-NET knowledge and support exam preparation. Choose a topic below to get started.
| 1701. |
mishaps in an event |
| A. | Event Planning |
| B. | Event Insurance |
| C. | Liasion Agreement |
| D. | Traffic management |
| Answer» C. Liasion Agreement | |
| 1702. |
Which department handles seating, directions and refreshments? |
| A. | Venue department |
| B. | Hospitality department |
| C. | Programme department |
| D. | Equipment department |
| Answer» C. Programme department | |
| 1703. |
Who ensures that the team sticks to the budget of the event? |
| A. | Event Planner |
| B. | Event coordinator |
| C. | Event Assistant |
| D. | None of the above |
| Answer» B. Event coordinator | |
| 1704. |
BSC is important for ……… |
| A. | creating strategy |
| B. | controlling strategy |
| C. | evaluating the performance of a strategy |
| D. | mapping strategy |
| Answer» D. mapping strategy | |
| 1705. |
Responsibility centers include |
| A. | Adjustment centers |
| B. | Call centers |
| C. | Exam centers |
| D. | Profit center |
| Answer» E. | |
| 1706. |
Which of the following is not an entity with reference to Baldrige Criteria / Framework? |
| A. | Team Focus |
| B. | Customer Focus |
| C. | Operations Focus |
| D. | Work Force Focus |
| Answer» B. Customer Focus | |
| 1707. |
A responsibility center in which the manager is held accountable for the profitable use of assets and capital is commonly known as a(n) |
| A. | Cost center |
| B. | Revenue center |
| C. | Profit center |
| D. | Investment center |
| Answer» E. | |
| 1708. |
Capital Budgeting is a part of: |
| A. | Investment Decision |
| B. | Working Capital Management |
| C. | Marketing Management |
| D. | Capital Structure |
| Answer» B. Working Capital Management | |
| 1709. |
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 |
| Answer» D. Lower NPV and be more profitable | |
| 1710. |
Which of the following area is not covered by management audit? |
| A. | System and Procedures |
| B. | Board’s / Directors Analysis |
| C. | Research and development |
| D. | New product development cycle time |
| Answer» E. | |
| 1711. |
Which of the following statements regarding flaws suffered by financial measures is not correct: |
| A. | They are hard to quantify |
| B. | They do little to motivate employees to improve accounting profits |
| C. | They are not effective in getting managers' attention |
| D. | They are useful in identifying operational problems |
| Answer» E. | |
| 1712. |
Internal Perspective is part of the Complete Balanced Scorecard Strategy. This is a correct sub item for this perspective |
| A. | Regulatory and Society Theme |
| B. | Customer solutions |
| C. | Strategic Technologies |
| D. | Revenue Growth Strategy |
| Answer» B. Customer solutions | |
| 1713. |
The capital adequacy ratio to be maintained by public sector banks in India is …………….... |
| A. | 8% |
| B. | 10% |
| C. | 10.5% |
| D. | 12% |
| Answer» E. | |
| 1714. |
Total control over discretionary expense center is achieved primarily through ……… performance measures. |
| A. | Financial |
| B. | Non-financial |
| C. | Objective based |
| D. | Output based |
| Answer» C. Objective based | |
| 1715. |
In case of discretionary expense center, the financial center is primarily exercised at ………. Stage. |
| A. | Implementation |
| B. | Quality control |
| C. | Output |
| D. | Planning |
| Answer» E. | |
| 1716. |
………….. 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 |
| Answer» B. Discretionary | |
| 1717. |
Which of the following is not a capital budgeting decision? |
| A. | Expansion Programme |
| B. | Merger |
| C. | Replacement of an Asset |
| D. | Inventory Level |
| Answer» E. | |
| 1718. |
PERT / CPM have to be used for proper ……………….. of all projects |
| A. | planning |
| B. | controlling |
| C. | staffing |
| D. | coordinating |
| Answer» C. staffing | |
| 1719. |
Which of the following is not typical cash flow related to equipment purchase and replacement decision? |
| A. | Increase operating costs |
| B. | Overhaul of equipment |
| C. | Salvage value of equipment when project is complete |
| D. | Depreciation expense |
| Answer» E. | |
| 1720. |
The U.S. National Quality Award is named after |
| A. | Joseph Juran |
| B. | Genichi Taguchi |
| C. | W. Edwards Deming |
| D. | Malcolm Baldrige |
| Answer» E. | |
| 1721. |
The following are basic elements in which Continuous Improvement framework (leadership; planning; service orientation; information and analysis; employees and workplace climate; process management; excellence levels and trends |
| A. | Six Sigma |
| B. | Total Quality Management (TQM) |
| C. | Zero Defect |
| D. | Malcolm Baldridge Quality Award |
| Answer» E. | |
| 1722. |
For the board of directors of the company, the entire company is a ………………. |
| A. | Profit center |
| B. | Expense center |
| C. | Responsibility center |
| D. | Investment center |
| Answer» D. Investment center | |
| 1723. |
ROI can be viewed as a function of the net profit margin times |
| A. | Sales. |
| B. | EAT. |
| C. | The total asset turnover |
| D. | Equity multiplier |
| Answer» D. Equity multiplier | |
| 1724. |
Performance management is believed to have originated from which country? |
| A. | Japan |
| B. | France |
| C. | Denmark |
| D. | USA |
| Answer» E. | |
| 1725. |
Which of the following statements is false? Balanced scorecards |
| A. | Are one type of performance dashboard |
| B. | Can be cascaded to different levels/parts of organisations |
| C. | Cannot be used in conjunction with budgetary control systems |
| D. | Can be used to produce strategy maps |
| Answer» D. Can be used to produce strategy maps | |
| 1726. |
The compares the dollar return generated by the firm to the return expected by the investors of the capital invested by them in the firm. |
| A. | EBIT |
| B. | EVA |
| C. | ROI |
| D. | DuPont Chart |
| Answer» C. ROI | |
| 1727. |
PERT is based on the assumption that an activity's duration follows |
| A. | Binomial Distribution |
| B. | Probability Distribution |
| C. | Uniform Distribution |
| D. | Exponential Distribution |
| Answer» C. Uniform Distribution | |
| 1728. |
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 |
| Answer» E. | |
| 1729. |
Which of the following would have a low likelihood of being organized as a profit center? |
| A. | A maintenance department that charges users for its services |
| B. | The billing department of an Internet Services Provider (ISP). |
| C. | The mayor's office in a large city |
| D. | Both "C" and "D" above. |
| Answer» E. | |
| 1730. |
Which of the following variable does ROI examine? |
| A. | EBIT |
| B. | EVA |
| C. | ROI |
| D. | DuPont chart |
| Answer» C. ROI | |
| 1731. |
The drive in world markets to produce superior goods has led some countries to recognize or award prizes. What is the name of U.S. prize for developing quality products: |
| A. | the Deming Prize |
| B. | Malcolm Baldridge National Quality Award |
| C. | the J.D. Power Award |
| D. | the K.C. Irving Quality Award |
| Answer» C. the J.D. Power Award | |
| 1732. |
Classification of responsibility center is based on the nature of the monetary …………… |
| A. | Inputs and/or outputs |
| B. | Inputs and outputs |
| C. | Inputs only |
| D. | Outputs only |
| Answer» B. Inputs and outputs | |
| 1733. |
Pitfalls exists the same as with any new technology or management tool. All of the following describe these pitfalls except |
| A. | Some companies use too few measures in their score |
| B. | Some companies include too many measures |
| C. | A poor scorecard is the biggest threat and one of the dangerous pitfalls |
| D. | Some companies do not know how to implement the effective drivers of performance |
| Answer» D. Some companies do not know how to implement the effective drivers of performance | |
| 1734. |
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. |
| Answer» C. A manager decides his own area of operations and prepares budget for it. | |
| 1735. |
In a revenue center the primary measurement is …………………. |
| A. | Output in physical terms |
| B. | Input in cost terms |
| C. | Revenue |
| D. | Cost incurred by center |
| Answer» D. Cost incurred by center | |
| 1736. |
Which of the following is not a financial performance measure? |
| A. | Opening cash flow |
| B. | Return on assets |
| C. | Market Cap |
| D. | Market share/growth |
| Answer» E. | |
| 1737. |
In financial performance measurement most important is …………… |
| A. | EVA |
| B. | ROI |
| C. | Profit Margin |
| D. | MVA |
| Answer» B. ROI | |
| 1738. |
When managers of subunits throughout an organization strive to achieve the goals set by top management, the result is |
| A. | Goal congruence |
| B. | Planning and control |
| C. | Responsibility accounting |
| D. | Delegation of decision making |
| Answer» B. Planning and control | |
| 1739. |
As per the RBI guidelines banks have to make sure that out of their loan assets loans are given to Priority Sector. |
| A. | 20% |
| B. | 40% |
| C. | 50% |
| D. | 45% |
| Answer» C. 50% | |
| 1740. |
Which of the following does not belong to the category of quantitative performance indicators? |
| A. | Number of |
| B. | Proportion of |
| C. | Levels of |
| D. | Amount of |
| Answer» D. Amount of | |
| 1741. |
If return on investment is a measure used on the balanced scorecard, under which perspective would it be listed |
| A. | Financial perspective |
| B. | Customer perspective |
| C. | Learning and growth perspective |
| D. | Internal business perspective |
| Answer» B. Customer perspective | |
| 1742. |
A cost center manager |
| A. | Does not have the ability to produce revenue |
| B. | May be involved with the sale of new marketing programs to clients. |
| C. | Would normally be held accountable for producing an adequate return on invested capital. |
| D. | Often oversees divisional operations |
| Answer» B. May be involved with the sale of new marketing programs to clients. | |
| 1743. |
The responsibility center whose inputs are measured in monetary terms, but whose output is not, is ……………….. |
| A. | Revenue center |
| B. | Expense center |
| C. | Profit center |
| D. | Investment center |
| Answer» C. Profit center | |
| 1744. |
Which of the following is not incorporated in Capital Budgeting? |
| A. | Tax-Effect |
| B. | Time Value of Money |
| C. | Required Rate of Return |
| D. | Rate of Cash Discount |
| Answer» E. | |
| 1745. |
Controllable costs, as used in a responsibility accounting system, consist of: |
| A. | Only fixed costs. |
| B. | Only direct materials and direct labor. |
| C. | Those costs that a manager can influence in the time period under review. |
| D. | Those costs about which a manager has some knowledge.Those costs that are influenced by parties external to the organization. |
| Answer» D. Those costs about which a manager has some knowledge.Those costs that are influenced by parties external to the organization. | |
| 1746. |
Which of the following statement about NPOs is not true? |
| A. | The NPOs generally tend to be service organisations |
| B. | The NPOs receive ‘Contributed Capital’ and have no shareholders |
| C. | The sources of funds for NPOs are more or less captive |
| D. | The NPOs are subjected to Market Mechanism |
| Answer» E. | |
| 1747. |
Cost Audit is comprised in which of the following steps? |
| A. | Verification, Review, Reporting |
| B. | Planning, Review, Reporting |
| C. | Review, Verification, Reporting |
| D. | Planning, Conducting, Reporting |
| Answer» D. Planning, Conducting, Reporting | |
| 1748. |
The Tata Group of Industries have modified and internalised the Baldridge Criteria and is known as the |
| A. | Porter Prize for Excellence |
| B. | Jamsetji Tata Award |
| C. | Tata Business Excellence Model (TBEM) |
| D. | Annual Awards of Business Excellence (AABE) |
| Answer» D. Annual Awards of Business Excellence (AABE) | |
| 1749. |
Which of the following is not used in Capital Budgeting? |
| A. | Time Value of Money |
| B. | Sensitivity Analysis |
| C. | Net Assets Method |
| D. | Cash Flows |
| Answer» C. Net Assets Method | |
| 1750. |
Two step transfer prices depend on ………………. |
| A. | ROI requirement |
| B. | profit requirement |
| C. | corporate profit requirement |
| D. | SBU profit requirement |
| Answer» D. SBU profit requirement | |