MCQOPTIONS
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MCQOPTIONS
This section includes 83 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Following are the characteristics of Project Mindset. |
| A. | Time, Responsiveness, Information sharing, Processes, structured planning |
| B. | Time, Project management, Information sharing, Processes, structured planning |
| C. | Time, Responsiveness, Information sharing, capability, structured planning |
| D. | Time, Responsiveness, Information sharing, Processes, project planning |
| Answer» B. Time, Project management, Information sharing, Processes, structured planning | |
| 2. |
A program is usually a group of |
| A. | plans |
| B. | people and work |
| C. | related projects |
| D. | unrelated projects |
| Answer» D. unrelated projects | |
| 3. |
QC is typically a(n) _______________ process. |
| A. | Management |
| B. | Project manager |
| C. | Audit |
| D. | Inspection |
| Answer» E. | |
| 4. |
Traditionally Indian Business had shortage of inputs like Power, Foreign Exchange, Important Raw Material, Supply of Agricultural Raw materials etc. |
| A. | True |
| B. | False |
| C. | none |
| D. | none |
| Answer» B. False | |
| 5. |
Cash Flow Statement does not fully reveal the soundness or otherwise of the financial position of the business. |
| A. | True |
| B. | False |
| C. | none |
| D. | none |
| Answer» B. False | |
| 6. |
Which of the below financial statements is static and shows the state of Assets and Liabilities on a particular date? |
| A. | Cash Flow Statement |
| B. | Funds Flow Statement |
| C. | Profit and Loss Statement |
| D. | None of the Above |
| Answer» E. | |
| 7. |
Industrial Reconstruction Bank of India was established with which specific objective from the below? |
| A. | To assist the rehabilitation of Sick Units |
| B. | To assist the Government |
| C. | To assist construction projects. |
| D. | None of the Above |
| Answer» B. To assist the Government | |
| 8. |
In the initial stage of the project the probability of completing the project is ___ . |
| A. | Zero |
| B. | High |
| C. | Low |
| D. | Any of the above |
| Answer» D. Any of the above | |
| 9. |
The probability of completing the project can be estimated based upon the ____ . |
| A. | Uniform distribution curve |
| B. | Normal distribution curve. |
| C. | U-shaped distribution curve |
| D. | None of the above |
| Answer» C. U-shaped distribution curve | |
| 10. |
Resorce requirement in project becomes constant while the project is in its _____ progress stage. |
| A. | 40 to 55% |
| B. | 55 to 70% |
| C. | 70 to 80% |
| D. | 80 to 95% |
| Answer» E. | |
| 11. |
A ____________ is a temporary endeavor undertaken to create a unique product service or result. |
| A. | Assignment |
| B. | Product |
| C. | Research |
| D. | Project |
| Answer» E. | |
| 12. |
Each component of the software product is separately estimated and the results aggregated to produce an estimate for the overall job. |
| A. | Algorithmic model |
| B. | Expert judgment |
| C. | Bottom-up |
| D. | Top down |
| Answer» D. Top down | |
| 13. |
Which of the following is NOT a project management cause of failed projects? |
| A. | shortcuts taken during the project |
| B. | lack of or imprecise targets |
| C. | inadequate systems analysis and design tools |
| D. | budget overruns |
| Answer» D. budget overruns | |
| 14. |
Which of the following is NOT a part of project management? |
| A. | initiating |
| B. | monitoring |
| C. | closing |
| D. | All above are parts |
| Answer» E. | |
| 15. |
For a Market Research only Census Survey is done and no Sample Survey is necessary. |
| A. | True |
| B. | False |
| C. | none |
| D. | none |
| Answer» C. none | |
| 16. |
The statistical tool that depicts a project s tasks and the relationships between those tasks is known as |
| A. | milestone |
| B. | goal |
| C. | Gantt chart |
| D. | PERT chart |
| Answer» E. | |
| 17. |
A horizontal bar chart that shows project tasks against a calendar is called |
| A. | milestone |
| B. | goal |
| C. | Gantt chart |
| D. | PERT chart |
| Answer» D. PERT chart | |
| 18. |
The business case and the justification for the project is determined during the _____ phase. |
| A. | initiation |
| B. | planning |
| C. | execution |
| D. | closure |
| Answer» B. planning | |
| 19. |
Following are the phases of Project Management Life Cycle. Arrange them in correct order Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery |
| A. | 3-2-1-4 |
| B. | 1-2-3-4 |
| C. | 2-3-1-4 |
| D. | 4-3-2-1 |
| Answer» B. 1-2-3-4 | |
| 20. |
The scope of the work is defined in which phase of the project management? |
| A. | Initiating |
| B. | Planning |
| C. | Executing |
| D. | Closing |
| Answer» B. Planning | |
| 21. |
You have just completed Qualitative Risk Analysis of the project. What should you be doing next? |
| A. | Plan Risk Management |
| B. | Perform Quantitative Risk Analysis |
| C. | Plan Risk Responses |
| D. | Control Risks |
| Answer» C. Plan Risk Responses | |
| 22. |
Who are project team members primarily accountable to? |
| A. | External stakeholders. |
| B. | The end users. |
| C. | The finance director. |
| D. | The project manager. |
| Answer» E. | |
| 23. |
A process that involves continuously improving and detailing a plan as more detail become available is termed as |
| A. | project analysis |
| B. | project enhancing |
| C. | progressive deliberation |
| D. | progressive elaboration |
| Answer» E. | |
| 24. |
Which from the following statement(s) is/are NOT true?I. Projects have defined objectivesII. Programs have a larger scope than projectsIII. The projects and programs in a portfolio must be directly related |
| A. | I only |
| B. | II only |
| C. | III only |
| D. | II and III only |
| Answer» D. II and III only | |
| 25. |
Which of the following is responsible for the quality of the project deliverables? |
| A. | The project champion |
| B. | The project team |
| C. | Stakeholders |
| D. | Customers |
| Answer» C. Stakeholders | |
| 26. |
Who owns the Project Management Plan (PMP)? |
| A. | The project team. |
| B. | The chief executive. |
| C. | The project manager. |
| D. | The project support office. |
| Answer» D. The project support office. | |
| 27. |
Following is (are) the component(s) of risk management |
| A. | Risk Assessment |
| B. | Risk Control |
| C. | Risk Ranking |
| D. | All of the above |
| Answer» E. | |
| 28. |
Which from the following represents the correct project cycle? |
| A. | Planning Initiating Executing Closing |
| B. | Planning Executing Initiating Closing |
| C. | Initiating Planning Executing Closing |
| D. | Initiating Executing Planning Closing |
| Answer» D. Initiating Executing Planning Closing | |
| 29. |
In Cash Flows, when a firm invests in fixed assets and short-term financial investments it results in |
| A. | Increased Equity |
| B. | Increased Liability |
| C. | Decreased Cash |
| D. | Increased Cash |
| Answer» D. Increased Cash | |
| 30. |
While calculating cost of imported machinery, which of the below needs to be considered? |
| A. | FOB Value |
| B. | Shipping, Freight and Insurance Cost |
| C. | Import Duty |
| D. | All of the Above |
| Answer» E. | |
| 31. |
Which of the following is regarded as a fundamental flaw in the whole concept of benchmarking? |
| A. | It limits improvements to currently accepted methods of operating. |
| B. | It does not involve learning. |
| C. | It limits critical thinking. |
| D. | It is not a continuous process. |
| Answer» B. It does not involve learning. | |
| 32. |
________focuses on developing change -tolerance software. |
| A. | Rapid application development |
| B. | Lean Development |
| C. | Extreme rogramming |
| D. | Spriral |
| Answer» B. Lean Development | |
| 33. |
Which one of the following is not a characteristic of a Project? |
| A. | Temporary nature |
| B. | Familiarity |
| C. | Risk |
| D. | Uniqueness |
| Answer» C. Risk | |
| 34. |
Which of the following is an example of internal failure cost? |
| A. | Rework |
| B. | Quality audits |
| C. | Random quality audits |
| D. | Project team training |
| Answer» B. Quality audits | |
| 35. |
Who has ultimate responsibility for project risk? |
| A. | Steering group. |
| B. | Risk owner. |
| C. | Project sponsor. |
| D. | Project manager. |
| Answer» D. Project manager. | |
| 36. |
.If any one factor of a project changes, _____ other factor(s) is/are likely to be affected. |
| A. | all |
| B. | one |
| C. | at least one |
| D. | at most one |
| Answer» D. at most one | |
| 37. |
Which one of the following is a constituent of working capital requirement? Raw material and components |
| A. | Debtor |
| B. | Operating expense |
| C. | Both a and b |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 38. |
In quality management, which of the following is not an attribute of the cost of nonconformance? |
| A. | Loss of customers |
| B. | Downtime |
| C. | Safety measures |
| D. | Rework |
| Answer» D. Rework | |
| 39. |
Optimal quality is reached at what point? |
| A. | When the stakeholder accepts the project deliverable |
| B. | When revenue from improvements equal the costs of conformance |
| C. | When revenue from improvement equals the incremental costs to achieve the quality |
| D. | When revenue from corrective actions equals the costs of the improvement |
| Answer» D. When revenue from corrective actions equals the costs of the improvement | |
| 40. |
Business Value = |
| A. | Tangible Elements |
| B. | Intangible Elements |
| C. | Tangible Elements Intangible Elements |
| D. | Tangible Elements + Intangible Elements |
| Answer» E. | |
| 41. |
Relationship based on unrelated level of activity and past data of cost is measured with help of |
| A. | cost estimation |
| B. | price estimation |
| C. | unit estimation |
| D. | production estimation |
| Answer» B. price estimation | |
| 42. |
Devising and maintaining a workable scheme to accomplish the business need is |
| A. | Initiating process |
| B. | Planning process |
| C. | Executing process |
| D. | Controlling process |
| Answer» C. Executing process | |
| 43. |
The structure of a project will vary depending on the _________to provide. |
| A. | benefits it is intended |
| B. | Structure |
| C. | Schedule |
| D. | Assignment |
| Answer» B. Structure | |
| 44. |
Which one of the following is not an attribute of a project? |
| A. | Definite starting date |
| B. | Has no definite end date |
| C. | Creates a product, service, or result |
| D. | Requires resources |
| Answer» C. Creates a product, service, or result | |
| 45. |
Which one of the following best describes a project issue? |
| A. | A major problem that requires formal escalation. |
| B. | A problem that the project manager has to deal with on a day-to-day basis. |
| C. | An uncertain event that may or may not occur. |
| D. | An opportunity that occurs through change control. |
| Answer» B. A problem that the project manager has to deal with on a day-to-day basis. | |
| 46. |
Which of the following is incorrect activity for the configuration management of a software system? |
| A. | Internship management |
| B. | Change management |
| C. | Version management |
| D. | System management |
| Answer» B. Change management | |
| 47. |
_________comprehensive and flexible system for achieving, sustaining and maximizing business success |
| A. | Statistical Sampling |
| B. | Six sigma 9s quality |
| C. | Six Sigma |
| D. | Risk |
| Answer» D. Risk | |
| 48. |
Once letter of sanction is issued, the borrower has to submit____________ after appropriate board resolution to avail the loan. |
| A. | Copy of the Board Meeting Minutes |
| B. | Letter of Advances |
| C. | Letter of Acceptance |
| D. | Letter of Credit |
| Answer» D. Letter of Credit | |
| 49. |
How can organisational structures that are characterised by democratic and inclusive styles of management be described? |
| A. | Hierarchical |
| B. | Bureaucratic |
| C. | Flat |
| D. | Functional |
| Answer» D. Functional | |
| 50. |
Which from the following is NOT a tangible element? |
| A. | Fixtures |
| B. | Trademarks |
| C. | Monetary assets |
| D. | Stockholder equity |
| Answer» C. Monetary assets | |