How does competent and efficient staff contribute to an organization?
Anonymous Quiz
1%
Reduces the growth of the enterprise
95%
Contributes to the continuous survival and growth of the organization
4%
Increases employee turnover
0%
Decreases organizational efficiency
When does staffing function become human resource management?
Anonymous Quiz
10%
When carried out on a small scale
23%
When focused only on recruitment
30%
When carried on at a large scale
36%
When it excludes training and development
Proper staffing leads to the optimum utilization of human resources because it helps organizations avoid overstaffing and underutilization. True or False?
Anonymous Quiz
91%
True
9%
False
During an economic downturn, Firm GHI maintained its workforce by effectively managing the number of employees and their skills. Which benefit of staffing did Firm GHI utilize?
Anonymous Quiz
71%
Optimum utilization of human resources
22%
Increased employee turnover
5%
Focus on downsizing
1%
Prioritizing financial management
What led to the emergence of the labour welfare officer?
Anonymous Quiz
15%
Need for technological advancements
66%
Need for a link between owners and workers
12%
Introduction of marketing strategies
7%
Development of financial management
What necessitated new skill development and training of employees?
Anonymous Quiz
3%
Decrease in the scope of work
14%
Slow technological developments
12%
Static organizational structures
71%
Fast changing technological developments
How is staffing considered in the context of management functions?
Anonymous Quiz
6%
Only as a line activity
25%
Only as a staff activity
66%
Both as a line and a staff activity
3%
Neither as a line nor as a staff activity
What aspect of human resource management evolved from the need for new skill development and training?
Anonymous Quiz
4%
Decreased emphasis on human resources
51%
Focus on mechanical and technological aspects
38%
Recognition of people as a valuable resource
7%
Shift towards a more rigid organizational structure
What is the initial accounting entry for the purchase of assets when a company issues debentures for consideration other than cash?
Anonymous Quiz
14%
Cash A/c Dr. To Vendor’s A/c
53%
Assets A/c Dr. To Vendor’s A/c
20%
Vendor’s A/c Dr. To Assets A/c
13%
Debentures A/c Dr. To Assets A/c
How are debentures issued to a vendor at par recorded?
Anonymous Quiz
16%
Vendor’s A/c Dr. To Cash A/c
69%
Vendor’s A/c Dr. To Debentures A/c
12%
Debentures A/c Dr. To Vendor’s A/c
2%
Cash A/c Dr. To Vendor’s A/c
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When debentures are issued at a premium, which additional account is credited?
Anonymous Quiz
4%
Cash A/c
27%
Discount on Issue of Debentures A/c
67%
Securities Premium Reserve A/c
2%
Goodwill A/c
How is the difference treated when the purchase consideration is greater than the value of the net assets acquired?
Anonymous Quiz
40%
As a capital profit
23%
As revenue profit
31%
As a capital loss
7%
As a liability
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A company issued debentures of ₹1,00,000, 9% debentures of ₹100 each at par but repayable at a premium of 5%. What amount will be debited to Loss on Issue of Debentures Account?
Anonymous Quiz
8%
₹1,00,000
36%
₹1,05,000
47%
₹5,000
8%
₹95,000
🎲 Quiz 'National Income – Advanced MCQs'
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