Description : A factor which would strongly influence a business person to adopt a computer is its A) Accuracy B) Reliability C) Speed D) All of above
Last Answer : Answer : D
Description : a factor which would strongly influence a business person to adopt a computer is its a. Accuracy b. Reliability c. Speed d. All of above
Last Answer : d. All of above
Description : A digital computer did not score over an analog computer in terms of a. Speed b. Accuracy c. Reliability d. Cost
Last Answer : b. Accuracy
Description : The accuracy of the floating-point numbers representable in two 16-bit words of a computer is approximately a. 16 digits b. 6 digits c. 9 digits d. All of above
Description : If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt.............. Accounting policies. (A)Lifo method (B)Fifo method (C)Weighted method (D)Uniform
Last Answer : (D)Uniform
Description : A digital computer did not score over an analog computer in terms of A) Speed B) Accuracy C) Reliability D) Cost
Last Answer : Answer : B
Description : Read the following statements and choose the correct answer (i) Political environment refers to all forces which have an economic impact on business (ii) Economic environment refers to all forces which have an economic impact ... C. (i), (ii) and (iv) are true D. all the statements are false
Last Answer : C. (i), (ii) and (iv) are true
Description : Plotter accuracy is measured in terms of repeatability and a. Buffer size b. Resolution c. Vertical dimensions d. Intelligence
Last Answer : b. Resolution
Description : Most important advantage of an IC is its a. Easy replacement in case of circuit failure b. Extremely high reliability c. Reduced cost d. Low powers consumption
Last Answer : b. Extremely high reliability
Description : In income measurement & recognisation of assets & liabilities which of the following concepts goes together ? (a) Periodicity, Accural, Matching (b) Cost, Accural, matching (c) Going concern, cost, Realization (d) Going concern, Periodicity, Reliability
Last Answer : (a) Periodicity, Accural, Matching
Description : On which aspect the analog computers are better than digital? A) Speed B) Accuracy C) Reliability D) Automatic
Description : The term GIGO is relate to which characteristics of computers? A) Speed B) Automatic C) Accuracy D) Reliability
Last Answer : Answer : C
Description : If you strongly identify with your ethnicity, and were going to adopt a baby, would you seek a baby with the same heritage?
Last Answer : Not at all. I would just adopt a child who desperately needed a home. The ethnicity wouldn’t matter at all to me.
Description : A computer can solve more than one kind of problem. This is related to which of the following characteristics? A) Accuracy B) Reliability C) Versatility D) Automatic
Description : A computer has very low failure rate because it uses electronic components. It produces very consistent results. This is highlighted by which of the feature of computer? A) Accuracy B) Reliability C) Versatility D) Automatic
Description : Once you load the suitable program and provide required data, computer does not need human intervention. This feature is known as A) Accuracy B) Reliability C) Versatility D) Automatic
Description : Computer is free from tiresome and boardroom. We call it A) Accuracy B) Reliability C) Diligence D) Versatility
Description : Which among these is a factor affecting business Environment? A. Value System B. Human Resources C. Both (A) and (B) D. Neither (A) nor (B.
Last Answer : C. Both (A) and (B)
Description : Company images and brand equity is factor affecting business A. Externally B. Internally C. Government Policy D. None of these
Last Answer : A. Externally
Description : The extent to which a software performs its intended functions without failures, is termed as (A) Robustness (B) Correctness (C) Reliability (D) Accuracy
Last Answer : (C) Reliability
Description : The term GIGO is related to A) Accuracy B) Reliability C) Versatility D) Automatic
Last Answer : Answer : A
Description : Which of the following is considered a primary reason for creating an internal audit department? a. To safeguard resources entrusted to the organization. b. To evaluate and improve the ... 's decision making. d. To relieve management of the responsibility for establishing effective controls
Last Answer : To evaluate and improve the effectiveness of control processes.
Description : In conducting an appraisal of the economy and efficiency with which company resources are used, an internal auditor's responsibility is to: a. Verify the accuracy of asset valuation. ... . Determine whether operating standards have been established. d. Review the reliability of operating information
Last Answer : Determine whether operating standards have been established
Description : The extent to which a software tolerates the unexpected problems, is termed as: (A) Accuracy (B) Reliability (C) Correctness (D) Robustness
Last Answer : (D) Robustness
Description : The ALU of a computer normally contains a number of high speed storage element called a. Semiconductor memory b. Registers c. Hard disks d. Magnetic disk
Last Answer : b. Registers
Description : a computer which CPU speed around 100 million instruction per second and with the word length of around 64 bits is known as a. Super computer b. Mini computer c. Micro computer d. Macro computer
Last Answer : a. Super computer
Description : A typical personal computer used for business purposes would have… of RAM. a. 4 KB b. 16 K c. 64 K d. 256 K
Last Answer : d. 256 K
Description : What is required when more than one person uses a central computer at the same time? a. Light pen b. Mouse c. Digitizer d. Terminal
Last Answer : d. Terminal
Description : Which of the following is required when more than one person uses a central computer at the same time? a. Terminal b. Light pen c. Digitizer d. Mouse
Last Answer : a. Terminal
Description : What is meant by a dedicated computer? a. Which is used by one person only b. Which is assigned one and only one task c. Which uses one kind of software d. Which is meant for application software
Last Answer : b. Which is assigned one and only one task
Description : Which of the following factor is not considered while selecting accounting policies? a) Prudence b) Substance over form c) Accountancy d) Materiality
Last Answer : c) Accountancy
Description : The number of records contained within a block of data on magnetic tape is defined by the a. Block definition b. Record contain clause c. Blocking factor d. Record per block factor
Last Answer : c. Blocking factor
Description : What is the first factor of Industrial Development? A. Design B. surplus of technical skill C. Planning D. Motivation
Last Answer : C. Planning
Description : What culture strongly influence architecture and philosophy in the Renaissance era?
Last Answer : Ancient Greece
Description : Discuss an example of type of system in which social and political factors might strongly influence the system requirement.?
Last Answer : type of system where social and political factors might strongly influence the system requirement
Description : Business enterprise is separate from its owner according to _____ concept. a) Money measurement concept b) Matching concept c) Entity concept d) Dual aspect concept
Last Answer : c) Entity concept
Description : Financial accounting is concerned with – a) Recording of business expenses and revenue b) Recording of costs of products and services c) Recording of day to day business transactions d) None of the above
Last Answer : c) Recording of day to day business transactions
Description : If wages are paid for construction of business premises ______ A/c is credited and _____ A/c is debited. a) Wages, Cash b) Premises, Cash c) Cash, Wages d) Cash, Premises
Last Answer : d) Cash, Premises
Description : If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by_____ a) Dr Drawing A/c & Cr Purchases A/c b) Dr Office Expenses A/c & Cr Motor Car A/c c) Dr Motor Car A/c & Cr Purchases A/c d) Dr Motor Car & Cr Sales A/c
Last Answer : c) Dr Motor Car A/c & Cr Purchases A/c
Description : Fixed assets are held by business for _____ a) Converting into cash b) Generating revenue c) Resale d) None of the above
Last Answer : b) Generating revenue
Description : The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect
Last Answer : c) Entity
Description : Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is ______ nature and profit on sale is a) Capital & transferred to capital ... L a/c c) Capital & transferred to P & L a/c d) Revenue & transferred to general reserve
Last Answer : b) Revenue & transferred to P & L a/c
Description : Multi user systems provided cost savings for small business because they use a single processing unit to link several a. Personal computers b. Workstations c. Dumb terminals d. Mainframes
Last Answer : c. Dumb terminals
Description : X Ltd. goes into liquidation and an existing company Z Ltd. purchases the business of X Ltd. It is a case of: A. Absorption B. External reconstruction C. Amalgamation. D. Liquidation
Last Answer : A. Absorption
Description : The share capital, to the extent already held by the purchasing company, is closed by the vendor company by crediting it to: A. Share capital account B. Purchasing company's account C. Realisation account. D. Business purchase account
Last Answer : C. Realisation account.
Description : When the purchasing company makes payment of the purchase consideration, it debits: A. Business purchase account B. Assets account C. Vendor company's account. D. Realisation A/c
Last Answer : C. Vendor company's account.
Description : X Ltd. goes into liquidation and a new company Z Ltd. is formed to take over the business of X Ltd. It is a case of: A. Absorption B. External reconstruction C. Amalgamation. D. commencement.
Last Answer : B. External reconstruction
Description : Which of the following is not deferred revenue expenditure? A. Heavy advertisement expenditure. B. Expenses incurred in removing the business to more convenient premises. C. Preliminary expenses. D. Depreciation on fixed assets.
Last Answer : D. Depreciation on fixed assets.
Description : Amalgamation is said to be in the nature of merger if: A. All assets and liabilities of transferor company are taken over by the transferee company. B. Business of transferor company is intended to ... paid in equity shares by the transferee company except for fraction shares. D. All of the above
Last Answer : D. All of the above