McqMate
Chapters
1. |
State the stage at which the preventive control takes place. |
A. | Input |
B. | Output |
C. | Process |
D. | None of the above |
Answer» A. Input |
2. |
The formal control deals with------------------- |
A. | Price and shared Values |
B. | Rules and Procedures |
C. | Trust |
D. | Competition |
Answer» B. Rules and Procedures |
3. |
The clan control deals with --------------------------- |
A. | Authority |
B. | Profit Centres |
C. | Rules and Standards |
D. | Expectations |
Answer» D. Expectations |
4. |
Controlling in management is of ------------------------- type |
A. | Preventive |
B. | Corrective |
C. | Preventive and Corrective |
D. | All of the Above |
Answer» C. Preventive and Corrective |
5. |
How many steps are there in the controlling process? |
A. | 2 |
B. | 3 |
C. | 4 |
D. | 5 |
Answer» C. 4 |
6. |
Screening Control is otherwise called as ---------------- |
A. | Feedforward Control |
B. | Concurrent Control |
C. | Feedback Control |
D. | Cascade Control |
Answer» B. Concurrent Control |
7. |
Give the time period for long term budget |
A. | 6 Months |
B. | 12 Months |
C. | 15 Months |
D. | More than a year |
Answer» D. More than a year |
8. |
Give an example for a long budget. |
A. | Cash Budget |
B. | Basic Budget |
C. | Current Budget |
D. | None of the above |
Answer» B. Basic Budget |
9. |
Balance Sheet is an example of ------------------- budget |
A. | Fixed |
B. | Flexible |
C. | Long term |
D. | Master |
Answer» D. Master |
10. |
Assertion: Budgets are better expresses in quantities than monetary hours. Reason: Money cannot measure the resources used and the result obtained. |
A. | Assertion is True and Reason is False |
B. | Assertion is False and Reason is False |
C. | Assertion is False but Reason is Acceptable |
D. | Assertion is True and Reason is True |
Answer» D. Assertion is True and Reason is True |
11. |
Capital budget is a---------------------------------- budget. |
A. | Long term budget |
B. | Material Budget |
C. | Short Term Budget |
D. | Cash Budget |
Answer» A. Long term budget |
12. |
Give an example for budgetary control Techniques. |
A. | PERT |
B. | GANTT |
C. | Zero based Budget |
D. | Audit |
Answer» C. Zero based Budget |
13. |
Relationship between revenues and expenses is given by |
A. | Audit |
B. | Breakeven point Analysis |
C. | Profit and loss budget |
D. | PERT |
Answer» B. Breakeven point Analysis |
14. |
State a tool to evaluate Project execution and completion time. |
A. | Time Budget |
B. | Functional Budget |
C. | Variable Budget |
D. | PERT |
Answer» D. PERT |
15. |
Economic Productivity= -------------------- |
A. | Output/input |
B. | Value/Cost |
C. | Input/Output |
D. | Cost/Value |
Answer» B. Value/Cost |
16. |
Physical Productivity= ------------------------------------ |
A. | Output/input |
B. | Cost/Value |
C. | Amount of product/resources |
D. | Value of Product /resources |
Answer» C. Amount of product/resources |
17. |
Economic Productivity=--------------------------------------------- |
A. | Output/input |
B. | Cost/Value |
C. | Amount of product/resources |
D. | Value of Product /resources |
Answer» D. Value of Product /resources |
18. |
An Example of Direct Control -------------------------------- |
A. | Authority |
B. | Responsibility |
C. | Credit policy |
D. | Documentation |
Answer» C. Credit policy |
19. |
--------------------------------- is a preventive control |
A. | Authorization |
B. | Credit Policy |
C. | Fiscal policy |
D. | All of the above |
Answer» A. Authorization |
20. |
Management Information System deals with ----------------------------- |
A. | Document Preparation |
B. | Record Keeping |
C. | Business Planning |
D. | All of the Above |
Answer» D. All of the Above |
21. |
State the basic principle behind Pareto diagrams. |
A. | 80/20 rule |
B. | Scientific Method of tracking |
C. | Visualization of Process |
D. | None of the above |
Answer» A. 80/20 rule |
22. |
State the basic principle behind Control charts and Scatter Plot. |
A. | 80/20 rule |
B. | Scientific Method of tracking |
C. | Visualization of Process |
D. | None of the above |
Answer» B. Scientific Method of tracking |
23. |
Give an example of the chart that has boundary lines or limits. |
A. | Pareto Diagrams |
B. | Control Charts |
C. | Process Mapping |
D. | Cause and Effects diagrams |
Answer» B. Control Charts |
24. |
Fishbone diagrams are called as ------------------------------------ |
A. | Scatter Plots |
B. | Control Charts |
C. | Pareto Diagrams |
D. | Cause and Effects Diagrams |
Answer» D. Cause and Effects Diagrams |
25. |
The limitation in Operations Research is-------------------------------- |
A. | Data Collection |
B. | Formulating Control and Objectives |
C. | Validating Model and output |
D. | Formulating human behavior |
Answer» D. Formulating human behavior |
26. |
Among the following businesses, which business offers full control over foreign markets? |
A. | Exporting |
B. | FDI |
C. | Licensing |
D. | Franchising |
Answer» B. FDI |
27. |
By having -------------------------------, multinational companies prevent their competitors to grow. |
A. | Government Power |
B. | Market Withdrawal |
C. | Lobbying |
D. | Patents |
Answer» D. Patents |
28. |
Statistical Analysis falls under ------------------------------------------ |
A. | Budgetary Control Technique |
B. | Non- Budgetary Control Technique |
C. | Maintenance Control Technique |
D. | Cost Control Technique |
Answer» B. Non- Budgetary Control Technique |
29. |
State the Category under which the Financial Statements fall. |
A. | Purchase Control |
B. | Maintenance Control |
C. | Quality Control |
D. | Cost Control |
Answer» C. Quality Control |
30. |
Prime Vending is a form of -------------------------- buying |
A. | Formal |
B. | Informal |
C. | Prime |
D. | Open Market |
Answer» A. Formal |
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