Test: Finance & Management Basics
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Do you know what is a balance sheet? What is marginal cost technique? Take or online quiz to see how much you already know and learn more along the way.
- 1.360 degree method relates to
- A.
Performance appraisal
- B.
Organisation climate
- C.
Employees morale
- D.
Retrenchment method
- 2.Mention the world body that is advising for COVID - 19.
- A.
WHO
- B.
IMF
- C.
IFC
- D.
WTO
- 3.The balance sheet is only
- A.
An account
- B.
A summary
- C.
A statement
- D.
None of the above
- 4.Who is officers of the Executive Board of WHO recently?
- A.
Dr. Harsh Vardhan
- B.
Dr. Suresh Vardhan
- C.
Dr. Sharma Vardhan
- D.
Dr. Vishnu Vardhan
- 5.Human relations approach of management is associated with
- A.
Abraham Maslow
- B.
Peter F Drucker
- C.
Elton Mayo
- D.
Herzberg
- 6.The term funds as used in funds flow statement means
- A.
Cash
- B.
Current assets
- C.
Current assets minus current liabilities
- D.
Current liabilities
- 7.Which of the following is a non-current liability?
- A.
Bills payable
- B.
Sundry creditors
- C.
Bank overdraft
- D.
Long term loans
- 8.FEMA means
- A.
Free Export Management Act
- B.
Foreign Exchange Management Act
- C.
Foreign Exchange Monitoring Act
- D.
Free Export Marketing Act
- 9.Human resource management emphasise
- A.
Development of people
- B.
Punishment of people
- C.
Adoption of people
- D.
None of the above
- 10.Which of the following is not a type of direct marketing?
- A.
Direct mail marketing
- B.
Retail marketing
- C.
Telemarketing
- D.
Email direct marketing
- 11.Marginal costing technique is useful for ?
- A.
Make or Buy decisions
- B.
Profit planning
- C.
Shut down decisions
- D.
All of the above
- 12.Who has given fourteen principles of management
- A.
Barnard
- B.
Henry Fayol
- C.
F.W Taylor
- D.
Flemming
- 13.What is M.B.O?
- A.
Management by Objective
- B.
Multiple Business Organisation
- C.
Management by Organisation
- D.
Multiplicity of Business Operations
- 14.Which one is related with micro financing?
- A.
Self Help Group (SHG)
- B.
Anganwadi workers
- C.
Women entrepreneurs
- D.
None of the above
- 15.In marginal costing, contribution is equal to
- A.
Sales - fixed cost
- B.
Sales - variable cost
- C.
Sales - profit
- D.
Sales - variable cost + fixed cost
- 16.Who is father of scientific management?
- A.
Henry fayol
- B.
Elton mayo
- C.
Chester bernard
- D.
F.W taylor
- 17.Which of the following assets is usually assumed not to depreciate?
- A.
Land
- B.
Building
- C.
Plant
- D.
Furniture
- 18.Which item is shown on the debit side of a trial balance?
- A.
Purchase returns
- B.
Rent outstanding
- C.
Prepaid expenses
- D.
None of the above
- 19.A balance sheet shows only
- A.
Personal accounts and nominal accounts
- B.
Real account and nominal account
- C.
Personal accounts and real accounts
- D.
Personal, real and nominal accounts
- 20.Which one do you like?
- A.
Option 1
- B.
Option 2
- C.
Option 3
- D.
Option 4
Questions: 20 | Attempts: 10460 | Last updated: Sep 2, 2020
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