Description : Which principles of ‘adequate procedures’ should be in place to prevent bribery according to the recent UK Bribery Act? A. Top level commitment B. Communication C. Write a document D. a and b
Last Answer : D. a and b
Description : Which principles of ‘adequate procedures’ should be in place to prevent bribery according to the recent UK Bribery Act? A. Top level commitment B. Communication C. Write a document D. A and B
Last Answer : D. A and B
Description : In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in ... existing internal controls. d. Greater for management fraud because managers are inherently smarter than employees.
Last Answer : Greater for management fraud because of management's ability to override existing internal controls
Description : In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the ... blue collar workers. d. Greater for management fraud because managers are inherently smarter than employees
Description : A whistle blower is an employee who A. exposes organizational wrongdoing. B. complains a lot to company management. C. engages in unethical behavior. D. refers disputes with other employees.
Last Answer : A. exposes organizational wrongdoing.
Description : __________________ standards seek to encourage voluntary commitment to social responsibility. A. ISO 26000 B. AA1000 C. CSR D. OECD
Last Answer : A. ISO 26000
Description : Malcolm Baldrige national quality award is for (MBNQA) A. Total Quality Management B. International Standard Organization C. Total Productive Maintenance D. Total Quality Control
Last Answer : A. Total Quality Management
Description : An energy policy does not include a) Target energy consumption reduction b) Time period for reduction c) Declaration of top management commitment d) Future production projection
Last Answer : Future production projection
Description : An energy policy does not include …… a) Target Energy Consumption Reduction b) Time Period for Reduction c) Declaration of top Management Commitment d) Future Production Projection
Last Answer : Future Production Projection
Description : 10) First National Bank launches an innovative in-home banking system tied to personal computers. The product is not widely accepted because bank customers don't see the need ... B)Organisation structure C)Top management commitment D)Technological advance E)Scanning corporate capabilities
Last Answer : A)Establishment of a customer information system
Description : National Income ignores: A. Sales of a firm B. Salary of Employees C. Exports of the IT Sector D. Sale of land
Last Answer : D. Sale of land
Description : Who are organisational stakeholders? A. Providers of finance B. Customers C. Employees D. Community E. Government F. All of the above
Last Answer : F. All of the above
Description : Which one of the following is not recommended as a method for a company to protect itself against sexual harassment charges? A. Develop a zero-tolerance policy on harassment and communicate it to ... and sure punishment to harassers. D. Train managers at all levels on sexual harassment issues.
Last Answer : B. Retaliate swiftly against employees who bring forth charges of harassment.
Description : Ethics are important because A. suppliers prefer to deal with ethical companies. B. customers prefer to deal with ethical companies. C. employees prefer to deal with ethical companies. D. all of the choices.
Last Answer : D. all of the choices.
Description : Directors are __________ of the company A. Employees B. Employers C. Both a) & b) D. None of the above
Last Answer : A. Employees
Description : What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project
Last Answer : e. Developing a project execution plan that matches the complexity level of the project
Description : Unemployment that arises due to regional occupational pattern of job vacancies, which does not match the pattern of workers availability and suitability, is known as: A. Frictional unemployment B. Structural unemployment C. Cyclical unemployment D. Demand pull unemployment
Last Answer : B. Structural unemployment
Description : If the available workers are unaware of the jobs being offered and the employers are not aware of the available workers, such type on unemployment is called: A. Frictional unemployment B. Structural unemployment C. Disguised unemployment D. Demand pull unemployment.
Last Answer : A. Frictional unemployment
Description : A motivational approach in which an organization‟s financial statements are opened to and shared with all of the employees is called ___________ (a) Open Book Management ; (b) Pay for Performance Program ; (c) Reinforcement Theory (d) Feedback
Last Answer : (a) Open Book Management ;
Description : NGOs stands for: A. Non-Governmental Organization B. Nine-Governmental Organization C. Non-Gained Organizations D. National-Grade Organization
Last Answer : A. Non-Governmental Organization
Description : GATT is a: A. Organization B. Method C. Agreement D. Policy
Last Answer : A. Organization
Description : With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they? A. The GATT and the Agreement on Subsidies and Countervailing Measures B. ... D. The International Monetary Fund's Articles of Agreement and the European Central Bank's Statute.
Last Answer : A. The GATT and the Agreement on Subsidies and Countervailing Measures
Description : Strategic planning in service organizations is all about: A. Where the organization is heading B. Where the organization should be heading. C. How the organization needs to change in order to be more effective D. What the organization intends to accomplish for the community
Last Answer : C. How the organization needs to change in order to be more effective D. What the organization intends to accomplish for the community
Description : The most formal definition of marketing is ________. A. Meeting needs profitably B. Identifying and meeting human and social needs C. The four Ps (product, price, place, promotion) D. ... ways that benefit the organization and its stakeholders. E. Improving the quality of life for consumers
Last Answer : D. An organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.
Description : The work of setting up objectives for selling activities, determining and scheduling the steps necessary to achieve these objectives is known as…………. A. Selling B. Sales policy C. Sales programme D. Sales planning
Last Answer : D. Sales planning
Description : A constructive approach in which no commitment is made unless it is necessary to do so is ___________ a) Least commitment approach b) Most commitment approach
Last Answer : a) Least commitment approach
Description : A constructive approach in which no commitment is made unless it is necessary to do so, is ____________ a) Least commitment approach b) Most commitment approach c) Nonlinear planning d) Opportunistic planning
Description : Which of the following values is not necessary for a professional accountant? a. Honesty b. Objectivity c. Integrity d. A primary commitment to selfinterest
Last Answer : A primary commitment to selfinterest
Description : If depth of a beam is doubled then changes in its section modulus a. Will remain same b. Will decrease c. Will be doubled d. Will increase by 4 times
Last Answer : d. Will increase by 4 times
Description : Which statement is true? 1) The balance of payments depends on the principle of double-entry accounting. 2) Decrease in assets and increase in liabilities of net worth represent credits or sources of funds. 3) The balance of ... period of time. A. Only 1 B. Only 2 C. Only 3 D. 1, 2 and 3
Last Answer : D. 1, 2 and 3
Description : Does the WTO come with its own institutional framework? A. No, the WTO depends on the relevant frameworks of national governments B. No, the WTO provides certain institutional arrangements ... Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Last Answer : D. Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Description : A rolling plan refer to a plan which? A. does not change it target every year B. changes its allocation every year C. changes its allocations and target every year D. changes only its target every year E. None of these
Last Answer : C. changes its allocations and target every year
Description : Natural rate of unemployment increases due to A. General downturn in business activity B. Changes in labor market C. Structural changes in economy D. Frequent changes of jobs by labor
Last Answer : D. Frequent changes of jobs by labor
Description : Cash Flow Statement is also known as A. Statement of Changes in Financial Position on Cash basis B. Statement accounting for variation in cash C. Both a and b D. None of the above
Last Answer : C. Both a and b
Description : Cost behaviour analysis is a study of how a firm's costs A. relate to competitors' costs B. relate to general price level changes C. respond to changes in activity levels within the company D. respond to changes in the gross national product
Last Answer : C. respond to changes in activity levels within the company
Description : A firm has decided to alter its pricing and promotional strategies in response to slower than expected job growth and declining personal incomes. The firm is responding to changes in its: A. Socio-cultural environment B. Political environment C. Economic environment D. Competitive environment
Last Answer : C. Economic environment
Description : Among the ecosystem mentioned below, where can one find maximum biodiversity? A. Mangroves B. Desert C. Coral reefs D. Alpine meadows
Last Answer : C. Coral reefs
Description : Which strategy is used for delaying a choice during search? a) First commitment b) Least commitment c) Both First & Least commitment d) None of the mentioned
Last Answer : b) Least commitment
Description : Point out the wrong statement. a) Taken as a unit, Request => Process => Response is not an atomic transaction b) A coherent transaction either succeeds and is enacted, or ... transaction commitment in a multiuser application, durability requires correcting the condition d) None of the mentioned
Last Answer : Taken as a unit, “Request => Process => Response” is not an atomic transaction
Description : Which of the following statements about the sales force in the 21st century is true? A. Sales managers will use a hands-off approach and let the professional salesperson be his or her own boss B ... touch E. All of the above statements about the sales force in the 21st century are true.
Last Answer : C. Sales management must be smart and nimble and provide technology-centered solutions to support the sales effort
Description : Which of the following statements are true? A. P/V Ratio can never be used to measure break-even point B. Higher the P/V ratio less will be the profit and vice versa C. Concept of P/V ratio is also used to determine profit at a given volume of sales D. All of the above
Last Answer : C. Concept of P/V ratio is also used to determine profit at a given volume of sales
Description : Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No ... amount of net good consequences could ever justify them. D. The end never justifies the means.
Last Answer : B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences.
Description : The Strategic Management process should be addressed only by top-level Executives. Mid-level and Low-level Employees are best equipped to implement Co’s Strategies
Last Answer : False
Description : As a new employee, John is most likely to look to which one of the following to learn the ethical culture of his new organisation? A)Coworkers B)Customer contact employees C)Other new employees D)The legal department E)Top management
Last Answer : E)Top management
Description : Careful management of water catchment areas results in A. more desertification B. more deforestation C. less waste of water D. more waste of water
Last Answer : C. less waste of water
Description : The management of natural resources should take into A. A long term perspective B. Environmental pollution C. Their equitable distribution D. All of the above and safe disposal of wastes
Last Answer : D. All of the above and safe disposal of wastes