Q34
Which of the following word did Luther Gulick coin using the initial letters of management functions:
Which of the following word did Luther Gulick coin using the initial letters of management functions:
Anonymous Poll
3%
(a) POSBRD
13%
(b) POSDROCB
79%
(c) POSDCORB
5%
(d) None of the above
Q35
An increase in consumer income will increase demand for a _______ but decrease demand for a _________
An increase in consumer income will increase demand for a _______ but decrease demand for a _________
Anonymous Poll
16%
(a) substitute good, inferior good
66%
(b) normal good, inferior good
12%
(c) inferior good, normal good
7%
(d) normal good, complementary good
Q36
Profit or loss on revaluation of assets and liabilities at the time of admission of partner, is shared among the partners in _______ ratio
Profit or loss on revaluation of assets and liabilities at the time of admission of partner, is shared among the partners in _______ ratio
Anonymous Poll
76%
(a) Old Profit Sharing
18%
(b) New Profit Sharing
5%
(c) Capital
1%
(d) Equal
Forwarded from Company Law MCQ (CA, CS, CMA)
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CS Foundation & CSEET Updates
Q33
Which of the following are the advantages of Sole proprietorship –
Which of the following are the advantages of Sole proprietorship –
Q33 Correct Answer is (d)
Q37
The affairs of the business is managed by head of the family known as Karta in-
The affairs of the business is managed by head of the family known as Karta in-
Anonymous Poll
96%
(a) Hindu Undivided Family
2%
(b) Partnership firm
1%
(c) Company
1%
(d) Cooperative society
Q38
_______ involve the ability to see the organisation as a whole, understand how the different parts affect each other and recognize how the company fits into or is affected by its environment.
_______ involve the ability to see the organisation as a whole, understand how the different parts affect each other and recognize how the company fits into or is affected by its environment.
Anonymous Poll
5%
(a) Technical skills
39%
(b) Conceptual skills
19%
(c) Analytical skills
38%
(d) Management Skills
Q39
Education is
Education is
Anonymous Poll
57%
(a) Merit Good
29%
(b) Public Good
6%
(c) Private Good
8%
(d) None of the above
Q40
Which types of error do not affect matching of trial balance, except
Which types of error do not affect matching of trial balance, except
Anonymous Poll
30%
(a) Compensating errors
25%
(b) Errors of complete omission
32%
(c) Errors of partial omission
13%
(d) Errors of principle
CS Foundation & CSEET Updates
Q39
Education is
Education is
Q39 Correct Answer is (a)
CS Foundation & CSEET Updates
Q40
Which types of error do not affect matching of trial balance, except
Which types of error do not affect matching of trial balance, except
Q40 Correct Answer is (c)
Q41
What is the maximum strength of HUF-
What is the maximum strength of HUF-
Anonymous Poll
8%
(a) 20
4%
(b) 10
13%
(c) 50
75%
(d) No limit
Q42
_______ state that management means, “Getting things done through and with people”.
_______ state that management means, “Getting things done through and with people”.
Anonymous Poll
24%
(a) Hicks
65%
(b) Koontz and O’Donnell
8%
(c) Haimann
2%
(d) None of the above
Q43
If the demand curve for a good is horizontal and the price is positive, then a leftward shift of the supply curve results in –
If the demand curve for a good is horizontal and the price is positive, then a leftward shift of the supply curve results in –
Anonymous Poll
13%
(a) A price of zero
30%
(b) an increase in price
21%
(c) A decrease in price
36%
(d) no change in price
Q44
Errors are ________ mistakes.
Errors are ________ mistakes.
Anonymous Poll
4%
(a) Intentional
79%
(b) Unintentional
13%
(c) Undetected
4%
(d) None of the three
CS Foundation & CSEET Updates
Q41
What is the maximum strength of HUF-
What is the maximum strength of HUF-
Q41 Correct Answer is (d)