MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 2331 Mcqs, each offering curated multiple-choice questions to sharpen your UGC-NET knowledge and support exam preparation. Choose a topic below to get started.
| 1751. |
The Balanced Scorecard approach has been criticized for leaving out certain measures. One of these is: |
| A. | Financial measures |
| B. | Employee satisfaction measures |
| C. | Customer satisfaction measures |
| D. | Technological innovation measures |
| Answer» C. Customer satisfaction measures | |
| 1752. |
Which of the following pair about Paradigm Shifts in the contemporary Business Environment is incorrect? |
| A. | Control to Decontrol |
| B. | Competition to Opening Up |
| C. | Production to Marketing |
| D. | Volume to Profit |
| Answer» C. Production to Marketing | |
| 1753. |
The overall purpose of the balanced scorecard approach is to: |
| A. | Help turn strategy into action |
| B. | Benchmark against competitors |
| C. | Measure financial performance |
| D. | Measure product quality |
| Answer» B. Benchmark against competitors | |
| 1754. |
Capital Budgeting Decisions are: |
| A. | Reversible |
| B. | Irreversible |
| C. | for short term |
| D. | involves small amount |
| Answer» C. for short term | |
| 1755. |
The Sell Through Analysis is not about ……………………… |
| A. | Sales |
| B. | Inventory/ Sales Turn Over |
| C. | Sales Velocity |
| D. | Merchandise Management |
| Answer» B. Inventory/ Sales Turn Over | |
| 1756. |
Which of the following is not a part of loan assets classification |
| A. | Standard Assets |
| B. | Earning Assets |
| C. | Loss Assets |
| D. | Doubtful Assets |
| Answer» C. Loss Assets | |
| 1757. |
If capital expense is recorded as revenue expense then which calculation will be wrong? |
| A. | Bank balance |
| B. | Debtors |
| C. | Creditors |
| D. | Net profit |
| Answer» E. | |
| 1758. |
What is the term used to describe the value assigned to the goods or services sold or rented from one unit of an organization to another |
| A. | Variable cost |
| B. | Fixed cost |
| C. | Transfer price |
| D. | Full service cost |
| Answer» D. Full service cost | |
| 1759. |
In a responsibility report for a profit center, controllable fixed costs are deducted from contribution margin to show: |
| A. | Profit center margin |
| B. | Controllable margin |
| C. | Net income |
| D. | Income from operations |
| Answer» C. Net income | |
| 1760. |
There are four elements of Anthony’s model. Which one does not belong to the group? |
| A. | Detector |
| B. | Assessor |
| C. | Effecter |
| D. | Rejecter |
| Answer» E. | |
| 1761. |
A sound Capital Budgeting technique is based on: |
| A. | Cash Flows |
| B. | Accounting Profit |
| C. | Interest Rate on Borrowings |
| D. | Last Dividend Paid |
| Answer» B. Accounting Profit | |
| 1762. |
Section 139 provides that the first auditor of the company shall be appointed by Board of Directors of the company within days |
| A. | 60 |
| B. | 30 |
| C. | 120 |
| D. | 45 |
| Answer» C. 120 | |
| 1763. |
Which transfer pricing method will preserve the subunit autonomy? |
| A. | Variable-cost pricing |
| B. | Negotiated pricing |
| C. | Cost-based pricing |
| D. | Full-cost pricing |
| Answer» C. Cost-based pricing | |
| 1764. |
Which of the following is responsible for establishing a private company’s internal control? |
| A. | Management |
| B. | Auditors |
| C. | Management and auditors |
| D. | Committee of Sponsoring Organizations |
| Answer» B. Auditors | |
| 1765. |
In the balanced scorecard approach quality would come under which perspective? |
| A. | The internal perspective |
| B. | The customer perspective |
| C. | The financial perspective |
| D. | The innovation and learning perspective |
| Answer» B. The customer perspective | |
| 1766. |
Which of the following areas is not covered under the Baldrige Award? |
| A. | Education |
| B. | Health Care |
| C. | Small Business |
| D. | Multi National Corporation (MNC) |
| Answer» E. | |
| 1767. |
Which of the following area is specially covered by Management Audit? |
| A. | Economic Contribution Analysis |
| B. | Cost-Benefit Analysis |
| C. | Social Cost-Benefit Analysis |
| D. | Sensitivity Analysis |
| Answer» B. Cost-Benefit Analysis | |
| 1768. |
The process of evaluating an employee’s current and/or past performance relative to his or her performance standards is called |
| A. | recruitment |
| B. | employee selection |
| C. | performance appraisal |
| D. | organizational development |
| Answer» D. organizational development | |
| 1769. |
The first use of the term “Social Audit” is generally attributed to ……………… |
| A. | Peter Drucker |
| B. | George Coyder |
| C. | Charles Medawar |
| D. | Amartya Sen |
| Answer» C. Charles Medawar | |
| 1770. |
What is a measure of operating performance that indicates how successful the firm has been at increasing its MVA in a given year. |
| A. | Economic value added (EVA) |
| B. | After-tax cash flow (ATCF) |
| C. | Earnings after taxes (EAT) |
| D. | Market value added (MVA) |
| Answer» B. After-tax cash flow (ATCF) | |
| 1771. |
What do we call a formal comparison of the actual costs and benefits of a project with original estimates? |
| A. | Post-completion audit |
| B. | Feedback audit |
| C. | Cost-benefit analysis |
| D. | Business scorecard report |
| Answer» B. Feedback audit | |
| 1772. |
Learning & Growth Perspective: role for intangible assets -- people, systems, climate and culture is part of the BSC Strategy. Identify which of the following is a sub item of Learning & Growth Perspective |
| A. | Improve shareholder value |
| B. | Low total cost |
| C. | Operations theme |
| D. | Strategic technologies |
| Answer» E. | |
| 1773. |
Which of the following is not one of the eight specific principles of Social Audit? |
| A. | Comprehensive |
| B. | Comparative |
| C. | Multi-directional |
| D. | Non-Participatory |
| Answer» E. | |
| 1774. |
A major part of strategy implementation is ……. |
| A. | Planning |
| B. | Communication |
| C. | Resource allocation |
| D. | Monitoring |
| Answer» D. Monitoring | |
| 1775. |
Which of the following is not followed in capital budgeting? |
| A. | Cash flows Principle |
| B. | Interest Exclusion Principle |
| C. | Accrual Principle |
| D. | Post-tax Principle |
| Answer» D. Post-tax Principle | |
| 1776. |
Economic Value Addition was developed by |
| A. | Stern & Stewart |
| B. | Peter Drucker |
| C. | Koontz & O'Donnel |
| D. | Anthony & Govindrajan |
| Answer» B. Peter Drucker | |
| 1777. |
What is not included in a firm’s expenses? |
| A. | Costs of goods sold |
| B. | Depreciation |
| C. | Interest expense |
| D. | Dividends |
| Answer» E. | |
| 1778. |
Which of the following is not true for capital budgeting? |
| A. | Sunk costs are ignored |
| B. | Opportunity costs are excluded |
| C. | Incremental cash flows are considered |
| D. | Relevant cash flows are considered |
| Answer» C. Incremental cash flows are considered | |
| 1779. |
Responsibility reports for cost centers |
| A. | Distinguish between fixed and variable costs |
| B. | Use static budget data |
| C. | Include both controllable and non-controllable costs |
| D. | Include only controllable costs |
| Answer» E. | |
| 1780. |
According to DuPont analysis, increase in the profit margin (all else constant) should |
| A. | Increase both ROE and ROA |
| B. | Increase ROE but not ROA |
| C. | Increase ROA but not ROE |
| D. | Increase neither ROA nor ROE |
| Answer» B. Increase ROE but not ROA | |
| 1781. |
Return on Assets (ROA) ratio is given by which of the following? |
| A. | Net Income/ Sales |
| B. | Sales / Total Assets |
| C. | Net Income/ Total Assets |
| D. | Gross Margin/ Net Sales |
| Answer» D. Gross Margin/ Net Sales | |
| 1782. |
Evaluation of Capital Budgeting Proposals is based on Cash Flows because: |
| A. | Cash Flows are easy to calculate |
| B. | Cash Flows are suggested by SEBI |
| C. | Cash is more important than profit |
| D. | None of the above |
| Answer» D. None of the above | |
| 1783. |
The primary capital budgeting method that uses discounted cash flow techniques is the …….... |
| A. | Net present value method |
| B. | Cash payback technique |
| C. | Annual rate of return method |
| D. | Profitability index method |
| Answer» B. Cash payback technique | |
| 1784. |
International auditing standards are issued by the: |
| A. | International Accounting Standard Board |
| B. | Financial Accounting Audit Board |
| C. | International Audit and Assurance Standards Board |
| D. | Auditing Practices Board |
| Answer» D. Auditing Practices Board | |
| 1785. |
Which of the following is not true? Asset employed is equal to |
| A. | Non-current liabilities+ shareholder’s equity |
| B. | Total assets – current liabilities |
| C. | Non-current assets+ working capital |
| D. | Shareholder’s equity–current liabilities |
| Answer» E. | |
| 1786. |
Return on Investment may be improved by one of these |
| A. | Increasing Turnover |
| B. | increasing Expenses |
| C. | decreasing Capital Utilization |
| D. | over budgeting |
| Answer» B. increasing Expenses | |
| 1787. |
Which of the following do not fall under Financial inclusion ? |
| A. | Nationalization of Banks |
| B. | Public Sector Lending targets |
| C. | Zero Balance Accounts |
| D. | Education at affordable cost |
| Answer» E. | |
| 1788. |
In Capital Budgeting, Sunk cost is excluded because it is |
| A. | Of Small Amount |
| B. | Not Incremental |
| C. | Not Reversible |
| D. | Reversible |
| Answer» C. Not Reversible | |
| 1789. |
Capital Budgeting Decisions are based on: |
| A. | Incremental Profit |
| B. | Incremental Cash Flows |
| C. | Incremental Assets, |
| D. | Incremental Capital. |
| Answer» C. Incremental Assets, | |
| 1790. |
A Balanced Scorecard helps the organisation to: |
| A. | Be ready and prepared to implement an ERP |
| B. | Be focus on all the relevant business perspectives |
| C. | Integrate strategy and key challenges |
| D. | Communicate better with staff |
| Answer» C. Integrate strategy and key challenges | |
| 1791. |
The Retailer is selling the merchandise for more than it costs the Retailer to acquire it, then the GMROI Ratio would be …………………… |
| A. | Higher than 1 |
| B. | Equal to 1 |
| C. | Less than 1 |
| D. | Equal to 3.2 |
| Answer» B. Equal to 1 | |
| 1792. |
Which one of the following is a ‘lag’ performance indicator |
| A. | Number of training hours per employee |
| B. | Return on capital employed |
| C. | Number of complaints received from customers |
| D. | Output per employee |
| Answer» C. Number of complaints received from customers | |
| 1793. |
The financial statements of the company shall be authenticated by |
| A. | Chief executive officers even he is not the director |
| B. | Chief financial officer only if he is director. |
| C. | Chairperson only if he is authorized by the board. |
| D. | Statutory Body |
| Answer» D. Statutory Body | |
| 1794. |
While calculating the Gross Margin Ratio on Investment (GMROI), the TWO important aspects are: |
| A. | Stock on Hand and Stock-Outs incidents |
| B. | Gross Margin and Average Inventory Cost |
| C. | Gross Revenue and Stock on Hand |
| D. | Carrying Costs and Stock-Out Costs |
| Answer» C. Gross Revenue and Stock on Hand | |
| 1795. |
The stipulations as regards maintenance of accounts of / by NGOs / NPOs are stipulated by which of the following? |
| A. | The Societies Registration Act |
| B. | The Public Trust Act |
| C. | The Companies Act |
| D. | The Indian Trust Act |
| Answer» E. | |
| 1796. |
of the Companies Act, 2013 provides that the Internal Auditor shall be a Chartered Accountant or a Cost Accountant or any other professional as may be decided by the Board of Directors. |
| A. | Section 148 |
| B. | Section 138 |
| C. | Section 142 |
| D. | Section 146 |
| Answer» C. Section 142 | |
| 1797. |
Capital Budgeting deals with: |
| A. | Long-term Decisions, |
| B. | Short-term Decisions |
| C. | Both (a) and (b) |
| D. | Neither a) nor (b) |
| Answer» B. Short-term Decisions | |
| 1798. |
The time the activity would take if things did not go well is known as |
| A. | Pessimistic time |
| B. | Most likely time |
| C. | Optimistic time |
| D. | Average time |
| Answer» B. Most likely time | |
| 1799. |
The Non-profit Organization focus more on ……….. |
| A. | Social welfare/interests |
| B. | Surplus generation |
| C. | Funds mobilization |
| D. | Governance |
| Answer» B. Surplus generation | |
| 1800. |
Performance management is ……………. |
| A. | Strategic tool |
| B. | Re-engineering tool |
| C. | Business process |
| D. | Strategic management tool |
| Answer» D. Strategic management tool | |