Description : ______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements. A. Production budget B. Cash budget C. Capital expenditure budget D. None of the above
Last Answer : B. Cash budget
Description : The process of budgeting helps in the control of A. Cost of production B. Liquidity C. Capital Expenditure D. All of the above
Last Answer : D. All of the above
Description : Which exchange-rate mechanism is intended to insulate the balance of payments from short-term capital movements while providing exchange rate stability for commercial transactions? A. Dual ... Floating Exchange Rates C. Adjustable Pegged Exchange Rates D. Crawling Pegged Exchange Rates
Last Answer : A. Dual Exchange Rates
Description : The sale proceeds of Government Bonds come under the budget head of - (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts
Last Answer : (4) Capital Receipts Explanation: Capital receipts are the funds received into the businesses that are not part of the operating activities of the establishment. Capital receipts primarily include external ... furniture, investment (long term) etc., which shall not be occurring all the time.
Description : The sale proceeds of Government Bonds come under the budget head of (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts
Last Answer : Capital Receipts
Description : Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a………. (a) short-range time horizon ; (b) long-range time horizon ; (c) naive method, because there is no data history ; (d) all of the above
Last Answer : (b) long-range time horizon ;
Description : In the Union Budget, profits from public sector undertakings are taken under (a) Revenue receipts ; (b) Capital receipts (c) Monetized receipts ; (d) Planned expenditure
Last Answer : (a) Revenue receipts
Description : Which exchange-rate system involves a leaning against the wind strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the ... pegged exchange rates C. Managed floating exchange rates D. Freely floating exchange rates
Last Answer : C. Managed floating exchange rates
Description : hich exchange-rate system involves a leaning against the wind strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over ... Adjustable pegged exchange rates C. Managed floating exchange rates D. Freely floating exchange rates
Description : Which of the following statements is true A. Positive stress is short-term B. Negative stress can be short or long-term C. Negative stress can lead to mental as well as physical problems D. Negative stress is perceived within our coping abilities
Last Answer : D. Negative stress is perceived within our coping abilities
Description : Deficit financing implies : A. printing new currency notes B. public revenue in excess of public expenditure C. public expenditure in excess of public revenue D. replacing new currency with worn out currency
Last Answer : C. public expenditure in excess of public revenue
Description : In agricultural sector net value added is estimated by A. Income method B. Expenditure method C. Production method D. All the three
Last Answer : C. Production method
Description : Can good, or cool, science research and inventing (R&D) be done on a budget with out the goverments money or control?
Last Answer : You need materials, you need equipment, you need a laboratory, you likely need research associates to help you on site, if you are working with animals you need to house them, feed them ... they have access to specialised and expensive equipment, they can venture into fields that you never will.
Description : These TQM initiatives reduce administrative overhead; reduces the R&D cycle time and enhances the effectiveness of the promotion and sales budget. a. Concurrent Engineering (CCE); Channel Support systems ... Inventory d. Channel Support systems and Six Sigma e. Quality Initiative Training (QIT)
Last Answer : b. Quality Function Deployment and Benchmarking
Description : Within the process management initiatives, concurrent engineering a. reduces material cost, inventors’ carrying costs and administrative overhead. b. reduces labor costs. c. increases the effectiveness of the sales budget and therefore demand. d. reduces R&D cycle time. e. none of the above.
Last Answer : d. reduces R&D cycle time.
Description : How can the R&D cycle time be reduced? a. Increasing automation levels b. Budgeting money to quality initiatives c. Increasing R&D budget d. Decreasing product portfolio e. Decreasing capacity
Last Answer : b. Budgeting money to quality initiatives
Description : The objectives of Cash Flow Statement are (i) Analysis of cash position (ii) Short-term cash planning (iii) Evaluation of liquidity (iv) Comparison of operating Performance A. Both (i) and (ii) B. Both (i) and (iii) C. Both (ii) and (iv) D. (i), (ii), (iii), (iv)
Last Answer : D. (i), (ii), (iii), (iv)
Description : Which element of the promotional mix consists of short-term incentives to encourage the purchase of a product? A. advertising B. public relations C. direct marketing D. sales promotion
Last Answer : D. sales promotion
Description : Which tool of the promotional mix consists of short-term incentives to encourage the purchase or sale of a product or service? A. Advertising B. Public relations C. Direct marketing D. Sales promotion
Last Answer : D. Sales promotion
Description : The pricing strategy in which prices are set lower to actual price to trigger short term sales is classified as A. promotional pricing B. short term pricing C. quick pricing D. cyclical pricing
Last Answer : A. promotional pricing
Description : Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above
Last Answer : D. None of the above
Description : ______ is prepared for single level of activity and single set of business conditions. A. Fixed budget B. Flexible budget C. Both a and b D. None of the above
Last Answer : A. Fixed budget
Description : ________ is stated as a budget which is made to change as per the levels of activity attained. A. Fixed budget B. Flexible budget C. Both a and b D. None of the above
Last Answer : B. Flexible budget
Description : ______also known as subsidiary budgets. A. Master budget B. Functional budget C. Cost budget D. None of the above
Last Answer : B. Functional budget
Description : ________ is the first step of budgetary system and all other budgets depends on it. A. Cost budget B. Sales budget C. Production budget D. None of the above
Last Answer : B. Sales budget
Description : _______ is designed after assessment of the volume of output to be produced during budget period. A. Cost budget B. Sales budget C. Production budget D. None of the above
Last Answer : A. Cost budget
Description : Plant utilization budget and Manufacturing overhead budgets are types of A. Production budget B. Sales budget C. Cost budget D. None of the above
Last Answer : C. Cost budget
Description : While preparing sales budget, which of the following factors are considered? A. Non-operational factors B. Environmental factors C. Both a and b D. None of the above
Last Answer : B. Environmental factors
Description : A budgeting process which demands each manager to justify his entire budget in detail from beginning is A. Functional budget B. Master budget C. Zero base budgeting D. None of the above
Last Answer : C. Zero base budgeting
Description : Method of managing advertising budget at level company can have money for is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method
Last Answer : B. affordable method
Description : Method of managing promotional budget to match outlays of competitors is called A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method
Last Answer : C. competitive parity method
Description : Methods used to determine total budget for advertising its market offerings are A. affordable method B. competitive parity method C. percentage of sales method D. all of above
Last Answer : D. all of above
Description : Method of managing advertising budget at a certain percentage of sales price per unit or forecasted sales of products is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method
Last Answer : A. percentage of sales method
Description : Method of managing promotion budget by defining objectives, determining tasks to achieve objectives and estimating costs for activities is called A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method
Last Answer : D. objective and task method
Description : What is meant by income and expenditure in the current sector in the budget ?
Last Answer : : The budget refers to the income and expenditure of the current sector.
Description : A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions
Last Answer : D. Capital account transactions
Last Answer : D. Capital account transaction
Description : The term standard cost refers to the: A. average unit cost of product produced in the previous period B. budgeted unit cost of product produced in a particular period C. average unit cost of product produced by other companies D. average unit cost of product produced in the current period
Last Answer : B. budgeted unit cost of product produced in a particular period
Description : The term current asset doesn’t cover A. Car B. Debtors C. Stock D. Prepaid expenses
Last Answer : A. Car
Description : The following are the examples of positive stressors A. New job B. Having a child C. Buying a home D. All of the above
Description : The following are the examples of negative stressors A. Unemployment B. Legal problems C. Divorce D. All of the above
Description : Examples of physiological stressors are A. Menopause B. Giving birth C. Sleep disturbances D. ‘A’, ‘B’, & ‘C’ are true
Last Answer : D. ‘A’, ‘B’, & ‘C’ are true
Description : Examples of social stressors are A. Financial problems B. Divorce C. Loss of a loved one D. Job interviews E. All of the above
Last Answer : E. All of the above
Description : Examples of environmental stressors are A. Weather B. Traffic C. Financial problems D. Substandard housing E. Only ‘A’, ‘B’ & ‘D’ are right
Last Answer : E. Only ‘A’, ‘B’ & ‘D’ are right
Description : Vote on Account is meant for - (1) Vote on the report of CAG (2) To meet unforeseen expenditure (3) Appropriating funds pending due to passing of budget Budget (4) None of the above
Last Answer : (3) Appropriating funds pending due to passing of budget Explanation: The Vote on Account is the Special Provision given to the government to obtain the vote of Parliament to withdraw Money when the budget for the new financial year is not released or the elections are underway.
Description : The actual output of 162,500 units and actual fixed costs of Rs. 87000 were exactly as budgeted. However, the actual expenditure of Rs 300,000 was Rs. 18,000 over budget. What was the budget variable cost per unit?
Last Answer : (a) Rs 1.20
Description : Which of the following can be done under conditions of financial emergency? 1. State Legislative Assemblies can be abolished. 2. Central Government can acquire control over the budget and expenditure of States. 3. Salaries of the Judges of ... 1, 2 and 3 (B) 2, 3 and 4 (C) 1 and 2 (D) 2 and 3
Last Answer : (D) 2 and 3
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
Description : The breakeven chart helps the management in… A. Forecasting costs and profits B. Cost control C. Long term planning and growth D. All of the above