We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) Accounting for Managers QUESTION 1. Which book is known as total of debit and credit Balance sheet Trial balance Journal Ledger QUESTION 2. What is the equation of gross profit Opening stock +Purchase +Direct expense Closing stock Sales - Cost of goods sold Sales returns Cost of goods sold Sales + Cost of goods sold QUESTION 3. Trading account is ________ Statement Positional a/c Capital a/c Account QUESTION 4. The liability of members if company is limited by guarantee Unpaid value of shares Guarantee amount Unlimited liability None of the above QUESTION 5. For what use are preparing profit and loss a/c To find out net profit or net loss To find out gross profit or gross loss To know closing stock To determine the sales QUESTION 6. Balance sheet show __________ and ____________ of fund Incomes and losses Sources and applications Debit and Credit Asset and liability QUESTION 7. Outstanding expenses are those expenses which have become ________ during the accounting year Payable Payed Received Receivable QUESTION 8. Balance sheet is known as ____________ statement Positional Expense Income Expenditure QUESTION 9. Which of these is accounting equation? Liability = Asset + Capital Asset = Liability Capital Capital = Asset + Liability Asset = Liability +Capital QUESTION 10. Property of the company belongs to Company Shareholders Members Promoters We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) QUESTION 11. Trading and profit and loss account is known as __________statement Income Expense Position Revenue QUESTION 12. Maximum no .of members in case of public company is 0 unlimited 50 100 QUESTION 13. Principal books of accounting is known as _____________ Journal Profit and loss Ledger Balance sheet QUESTION 14. Why use prepare trial balance To check arithmetical accuracy of a/c To know the financial position To know the gross profit To know the capital of the firm QUESTION 15. Maximum no. of members in case of private company is 50 100 150 200 QUESTION 16. The liability of members if company is limited by shares Unpaid value of shares Guarantee amount Unlimited liability None of the above QUESTION 17. Minimum number of members in case of public company 1 2 5 7 QUESTION 18. Debit aspect is known as____________and Credit aspect is known as_________________ Receiving and giving Liability and asset Expense and Gains Income and Expenses QUESTION 19. Minimum number of members in case of private company is 1 2 3 4 QUESTION 20. Which of the following assets does not depreciate? Machinery and Equipment Patents Land Furniture We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) Economics for Managers QUESTION 1. Contraction of demand is shown by: Upward movement on the demand curve Downward movement on the demand curve Rightward shift of the demand curve Leftward shift of the demand curve QUESTION 2. "Demand Function, X = f (P) where X = demand of a commodity; P = Price of the commodity" Demand is directly related to price Price is inversely related to demand Price is directly related to demand None of the above QUESTION 3. Economics is the study of the markets for stocks and bonds the study of choice under conditions of scarcity exclusively the study of business firms fundamentally the same as sociology e. applicable only when scarcity is not a problem QUESTION 4. Which of the following statements is NOT TRUE of indifference curves? They exhibit higher levels of utility as you move from the origin They could intersect They are downward sloping They are convex to the origin QUESTION 5. An indifference curve between two commodities where one is a bad and the other a good would: be vertical to the axis measuring units consumed of the good remain downward sloping be vertical to the axis measuring units consumed of the bad be upward sloping QUESTION 6. Expansion of demand is shown by: Upward movement on the demand curve Downward movement on the demand curve Rightward shift of the demand curve Leftward shift of the demand curve QUESTION 7. "In our model of decision making under different conditions, what is the difference between risk and uncertainty?" "Under risk, there is a well defined problem; under uncertainty, the definition is unclear" "Under risk, information is reliable; under uncertainty, it is not" "Under risk, probabilities can be measured; under uncertainty, they cannot" "Under risk, choices are clear and the chances of different outcomes can be measured; under uncertainty, neither applies" QUESTION 8. An indifference curve shows combinations of two goods that: could be available to the consumer in a given time period would provide the consumer with the same level of satisfaction could provide the consumer with similar levels of satisfaction a consumer could buy with their given income. QUESTION 9. Law of demand shows relation between: Income and price of commodity Price and quantity of a commodity Income and quantity demand Quantity demanded and quantity supplied QUESTION 10. The situation in which limited resources are being used most effectively is called: efficient economic abundant scarce We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) QUESTION 11. People and organizations have to make choices about how to allocate time and money because of government rules and regulations corporate control of our lives scarcity of time and money religious values QUESTION 12. The three fundamental questions of economic organization are: "when, for whom, and how" "how, what, and for whom" "who, how, and when" "what, who, and why" QUESTION 13. Coefficient of elasticity of demand is negative. It means: Consumers sometimes buy negative units of commodity Price and quantity demanded move in same capital Law of demand holds The two goods are complimentary to each other QUESTION 14.The opportunity cost of a particular activity is the same for everyone pursuing this activity may include both monetary costs and forgone income always decreases as more of that activity is pursued usually is known with certainty e. measures the direct benefits of that activity QUESTION 15. Increase in demand is shown by: Upward movement on the demand curve Downward movement on the demand curve Rightward shift of the demand curve Leftward shift of the demand curve QUESTION 16. "In the case of a Giffen good, the demand curve will be:" Horizontal Downward-sloping to the right. Vertical Upward-sloping to the right QUESTION 17. "Customers will be ready to purchase a specified quantity of a product, at a specified price, if marginal utility of further spending is equivalent to the" Cost opportunity cost revenue product cost QUESTION 18. Tastes & first choices are determinants of supply demand demand curve elasticity QUESTION 19. Ostentation means goods purchased not for _______ but for snob appeal. Utility Direct satisfaction Demand None of these QUESTION 20. This is an assumption of law of demand: Price of the commodity should not change Quantity should not change Supply should not change Income of consumer should not change We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) Information Technology QUESTION 1 ALU is Arithmetic Logic Unit Array Logic Unit Application Logic Unit None of above QUESTION 2 The best products to sell in B2C e-commerce are Small products Digital products Speciality products fresh products QUESTION 3 A logical schema is the entire database is a standard way of organizing information into accessible parts describes how data is actually stored on disk All of the above QUESTION 4 Which of the following is not an example of a business process? designing a new product hiring an employee purchasing services testing software QUESTION 5 DBMS is a collection of .. that enables user to create and maintain a database. Keys Translators Programs Language activity QUESTION 6 Which of the following provides reliable communication? TCP IP UDP All of the above QUESTION 7 Internet access by transmitting digital data over the wires of a local telephone network is provided by leased line digital subscriber line digital signal line none of the mentioned QUESTION 8 The .................... is defined as a set of activities performed across the organization creating as output of value to the customer development process business process quality process customer focus QUESTION 9 MIS normally found in a manufacturing organization will not be suitable in the ______. Service sector Banking sector Agriculture sector All of the above QUESTION 10 "To improve the performance of a business process, which of the following is most relevant?" Input Processing Control and Feddback Output We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) QUESTION 11 What does Management information systems (MIS) do? create and share documents that support day-today office activities "process business transactions (e.g., time cards, payments, orders, etc.) " capture and reproduce the knowledge of an expert problem solver use the transaction data to produce information needed by managers to run the business QUESTION 12 Which one is not a recognised key skill of management? Conceptual skills Human skills Technical skills Writing skills QUESTION 13 What encourages users of a product or service supplied by a B2C company to ask friends to join in as well? Spam Viral marketing Affliated programs none of the mentioned QUESTION 14 Internal information for MIS may come from any one of the following department Customers care department HR Department Marketing Department Production Department QUESTION 15 HTML is used to create machine language program high level program Web Page Web server QUESTION 16 The topology with highest reliability is ? Bus Topology Star topology Ring topology Mesh topology QUESTION 17 " ________ can occur at the individual, group, organizational or extra-organizational level." Planning Controlling Organizing Scheduling QUESTION 18 In which website Global Easy Buy is facilitated? Ebay.com Amazon.com Yepme.com None of these QUESTION 19 At what level of an organisation does a corporate manager operate? Functional Operational Middle level Top level QUESTION 20 "If a university sets up a web-based information system that faculty could access to record student grades and to advise students, that would be an example of a/an" CRM Intranet ERP Extranet We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) Quantitative Techniques in Management Quantitative Techniques in Management QUESTION 1. SPSS stands for which of the following? Statistical Package for the Social Sciences Statistics Problems Solved Smart Simple Package for Science Statistics Simple Program for Statistics and Science QUESTION 2. "The set of values of the statistic so obtained, one for each sample, constitutes what is called:" Sampling distribution Systematic sampling Stratified sampling Cluster sampling QUESTION 3. "When an investigator uses the data which has already been collected by others, such data is called ________." Primary data Collected data Processed data Secondary data QUESTION 4. Arithmetic mean is 25 and all sum of observations is 350 then number of observations are 25 70 14 75 QUESTION 5. Which of the following statements are true? "The larger the sample size, the greater the sampling error" "The more categories or breakdowns you want to make in your data analysis, the larger the sample needed." "The fewer categories or breakdowns you want to make in your data analysis, the larger the sample needed." "As sample size decreases, so does the size of the confidence interval" QUESTION 6. Branches of statistics includes applied statistics mathematical statistics industry statistics both a and b QUESTION 7. For any discrete distribution standard deviation is not less than Mean deviation from mean Mean deviation from median Mode None of these QUESTION 8. "Find the variance and standard deviation for the data:57, 64, 43, 67, 49, 59, 44, 47, 61, 59" 8.13 4.2 6.8 8.89 QUESTION 9. Mean or average used to measure central tendency is called sample mean arithmetic mean negative mean population mean QUESTION 10. The need for inferential statistical methods derives from the need for ______________. Population Association Sampling Probability We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) QUESTION 11. "A population, in statistical terms, is the totality of things under consideration. It is the collection of all values of the _____ that is under study." Instance Variable Amount Measure QUESTION 12. Method used to compute average or central value of collected data is considered as measures of positive variation measures of central tendency measures of negative skewness measures of negative variation QUESTION 13. Sampling is simply a process of learning about the ___on the basis of a sample drawn from it. Census Population Group Area QUESTION 14. Diagrams such as cubes and cylinders are classified as one dimension diagrams two dimension diagram three dimensional diagrams dispersion diagrams QUESTION 15. "Value of }fx is 180, A= 22, and width of class interval is 5, arithmetic mean is 120 then observations are" 59 30 39.5 49.5 QUESTION 16. "Find the range for the following data:14, 16, 16, 14, 22, 13, 15, 24, 12, 23, 14, 20, 17, 21, 22, 18, 18, 19, 20, 17, 16, 15, 11, 12, 21, 20, 17, 18, 19, 23" 13 12 14 16 QUESTION 17. "Find the mode in following numbers:- 9,8,15,8,20" 15 8 9 20 QUESTION 18. The sampling errors arise due to drawing faulty inferences about the ____ based upon the results of the samples. Sample Survey Population Census QUESTION 19. ___________ is one which is collected by the investigator himself for the purpose of a specific inquiry or study. Secondary data Primary data Statistical data Published data QUESTION 20. "In two units of company, employees in unit one are 650 and monthly salary is INR 2750, employees in unit two are 700 and monthly salary is INR 2500 then combined arithmetic mean is" "INR 2,620" "INR 2,520" "INR 2,420" "INR 2,320" We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only)