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Category: Management Sciences Mcqs

HR’s basic challenges in formulating strategies include(s):________________??

July 12, 2019 BILAL KHATTAK0

A. Need to support corporate productivity and performance improvement efforts. 
B. Employees not play any role in performance improvement efforts
C. Not being involved in designing the company’s strategic plan.
D. Management agenda’s

Which of the following measure reveals how much profit a company generates with the money shareholders have invested??

July 12, 2019 BILAL KHATTAK0

A. Profit Margin
B. Return on Assets 
C. Return on Equity
 
D. Debt-Equity Ratio

Process of verifying the documentary evidences of transactions are known as___________??

July 11, 2019 BILAL KHATTAK0

A. Auditing
B. Testing 
C. Vouching
 
D. Verification

The working papers which auditor prepares for financial statements audit are___________??

July 11, 2019 BILAL KHATTAK0

A. Evidence for audit conclusions
B. Owned by the client 
C. Owned by the auditor
 
D. Retained in auditor’s office until a change in auditors

________ is the common base for preparing a trial balance??

July 10, 2019 BILAL KHATTAK0

A. Ledger accounts  
B. General Journal
C. Specialized journals
D. Balance sheet

Carriage on goods purchased is shown in:___________??

July 10, 2019 BILAL KHATTAK0

A. Profit and Loss A/c
B. Capitalized with work in progress 
C. Trading A/c
 
D. Shown in Balance Sheet

Discount for quick repayment of debt is normally referred as____________??

July 10, 2019 BILAL KHATTAK0

A. Trade discount
B. Prompt payment discount 
C. Cash discount
 
D. Bulk discount

Which of the following factors would least likely affect the quantity and content of an auditor’s working papers?

July 7, 2019 BILAL KHATTAK0

A. The assessed level of control risk
B. The possibility of peer review
C. The nature of auditor’s report 
D. The content of management representation letter

Rule of 72 as a short cut method is explained by the formula:?

July 7, 2019 BILAL KHATTAK0

A. 72 divided by the annual interest rate 
B. Annual interest rate dividend by 72
C. 72 divided by (annual interest rate multiplied by discount factor)
D. None of these

Scope of the HRM includes ______________??

July 6, 2019 BILAL KHATTAK0

A. Retirement and separation of employees
B. HR training and development
C. Industrial relations 
D. All of the above


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