1. Which among the following is/are the function of management?

a. Planning
b. Controlling
c. Staffing
d. All of the above

2. Planning is essential for-

a. utilizing all unavailable resources in the best way.
b. achieving goals without direction.
c. to avoid the confused and ineffective activities of the enterprise.
d. increasing overlapping and wasteful activities.

3. Organizing is the __________ function of management.

a. First
b. Second
c. Third
d. Fifth

4. Staffing is a process of
a. Selection
b. training of employees
c. Recruitment
d. All of the above

5. Directing is a process in which the managers instruct, guide, and overview the
performance of the workers to achieve the company's goals.
a. True
b. False

6. Controlling involves the following steps:

a. Comparing the actual performance with established standards
b. Procure the right type of personnel for the right jobs
c. Train and develop human resources
d. None of the above

7. The planning premises can be classified as

a. Internal and External premises.
 b. Tangible and Intangible premises.
c. Controllable and non-controllable premises.
d. All of the above

8. Planning is deciding in advance

a. What to do
b. How to do
c. When to do
d. All of the above

9. What are the steps in planning?

a. Establishing goals/objectives
b. Establishing planning premises
c. Both a and b
d. None of the above

10. Following is not a Function of Directing

a. Leadership
b. Motivation
c. Supervision
d. Recruitment

11. What are the types of planning for Approach adopted?

a. Proactive approach
b. Reactive approach
c. Both a and b
d. None of the above
12. _______ is deciding in advance what to do, how to do it, where to do it and who is to do
it.
A] Managing
B] Matching
C] Planning
D] Allotting
Ans. C] Planning
13. Which of the following is/are included in types of planning?
A] Corporate Planning
B] Proactive Planning
C] Long-term Planning
D] All of the above mentioned
Ans. D] All of the above
14. _____________ is the process whereby future action is dictated in response to whatever
comes from environment changes.

A] Proactive Planning
B] Informal Planning
C] Reactive Planning
D] Functional Planning

Ans. C] Reactive Planning

15. Which among the following is a step included in the process of Planning?
A] Deciding the Planning period
B] Developing derivative/supportive planning
C] None of the Above
D] Both [A] and [B]
Ans. D] Both [A] and [B]
16. Proactive Planning and Reactive Planning comes under which of the following criteria
in types of planning?
A] Time Period Involved
B] Approach Adopted
C] Degree of formalization
D] None of the above mentioned
Ans. B] Approach Adopted
17. Strategic Planning and Tactical/Operational Planning comes under which of the
following criteria in types of planning?
A] Importance of contents
B] Approach Adopted
C] Degree of Formalization
D] None of the above mentioned
Ans. A] Importance of contents
18. __________ involves designing suitable courses of action in anticipation of likely
changes of environment
A] Reactive Planning
B] Proactive Planning
C] Short-term Planning
D] None of the above-mentioned
Ans. B] Proactive Planning
19. Which among the following is not a step included in the process of Planning?
A] Establishing goals/objectives
B] Developing derivative/supportive planning
C] Identification of alternatives
D] None of the above mentioned
Ans. D] None of the above mentioned
20. ____________ planning is a process in which the top management determines its vision,
goals and objectives.
A] Long-term
B] Corporate
C] Strategic
D] None of the above mentioned
Ans. C] Strategic
21. Which of the following is not a classification in planning premises?
A] Controllable and non-controllable premises.
B] Internal and External premises.
C] Dependent and Independent premises
D] Tangible and Intangible premises.
Ans. C] Dependent and Independent premises
22. Corporate Planning and Functional Planning comes under which of the following
criteria in types of planning?
A] Coverage of Activity
B] Approach Adopted
C] Degree of formalization
D] None of the above mentioned
Ans. A] Coverage of Activity
23. Plan that outlines who reports to whom and who is responsible for what comes in
which of the Structure?
a) Corporate Structure.
b) Management Structure.
c) Company Structure.
d) Organizational Structure.

24. Activities such as task allocation, coordination, and supervision are directed toward the
achievement of the goal ?
a) Corporate Goal.
b) Management Goal.
c) Company Goal.
 d) Organizational Goal.

25. In organization structures: the line, military organizations is also called as ?

a) Scalar organization.
b) Function organization.
c) Staff organization.
d) None of these.

26. Simple, Flexible, Fixed Responsibility, Unity of Command, Quick Decisions are the
advantages of ?
a) Scalar organization.
b) Functional organization.
c) Staff organization.
d) Company organization.

27. Which is not the advantages of the Scalar organization ?

a) Simple and Flexible
b) Fixed Responsibility
c) Authority Leadership
d) Quick Decisions.

28. Which is not the steps in organization ?

a) Assignment of Responsibilities.
b) Granting Authority.
c) Making a HR.
d) Establishing Relationship.

29. Indentify the correct order of the Steps in Organization ?

1) Establishing relationship.
2) Assignment of responsibilities.
3) Identification of the activities.
4) Grouping of activities.
5) Granting authority.

a) 2,1,4,3,5.
b) 3,4,2,5,1.
c) 3,4,5,1,2.
d) 1,3,5,2,4.

30. Which are the advantages of Line and Staff organization ?

a) Specialized and expert advice.
 b) Flexible and Quality of product.
c) both of these.
d) none of these.

31. Which organization structure is suitable for medium and large scale industries ?
a) Line, Military or Scalar organization.
b) Functional organization.
c) Line and Staff organization.
d) Company organization.

32. which of these is not the disadvantages of the Scalar organization ?

a) Lack of specialization.
b) Over reliance.
c) Unity of command.
d) Inadequate communication.

33. Which organization is created by grouping, various activities of whole of the enterprise
according to certain function like production, marketing, finance, personnel etc.
a) Company organization.
b) Functional organization.
c) Corporate organization
d) Line and Staff organization.

34. Who proposed the Principles of scientific Management?

a) [Link]
b) b) Henry Fayol
c) Albert Einstein
d) d) Leonardo da Vinci
35. Which of the following is not a principle of scientific Management ?
a) Science, Not Rule of Thumb.
b) Development of each and every person to his or her greatest efficiency.
c) Harmony, Not Discord .
d) Cooperation, Not Individualism.
e) None of These
36. How many principles are there in Henri Fayol’s principles of management?
a) 15
b) 14
c) 17
d) 10
37. Which of the following is one of the Henri Fayol’s principles of Management?
a) Division of work
b) Authority and Responsibility
c) Unity of command
d) Centralization
e) All of the above

38. Which level in management is also known as supervisory level or operative level of
management?
a) Middle Layer
b) Top level
c) Lower Level
d) Supervisor Level
39. What is defined as an art of managing people and their work, for achieving a
common goal by using the organization’s resources ?
a) Management
b) Administration
c) Planning
d) Analyzing
40. Administration relates to which level of management ?
a) Middle Layer
b) Top level
c) Lower Level
d) Supervisor Level
41. What is the function of putting together the different parts of an enterprise into
working order ?
a) Management
b) Administration
c) Organization
d) Planning
42. Which term refers to a line of demarcation between various managerial positions in
an organization?
a) Levels of Management
b) Levels of Administration
c) Levels of Planning
d) Levels of administration
43. When was [Link] Born?
a) 17 November 1999
b) 30 January 1823
 c) 20 March 1856
d) 13 December 2002

44. Which of the following is not a characteristic of Management?

a) Universal
b) Goal Oriented
c) Continuous process
d) Dynamic function
e) None of these

45. Which of these is areas of management.

a) Production management.
b) Communication management
c) Employee management
d) All of the above
[Link] major objectives of production management is: creation of demand, customer
satisfaction, market share, generation of profits, creation of good will and public image.
a) True
b) False
[Link] management is also known as _________.
a) Develop management
b) Infra management
c) Operational management
d) Goods management
[Link] activities of marketing management are
a) Financial planning
b) Sales management
c) Research and development
d) Production control
[Link] sub-activity of marketing management is defined as giving information about
products to byers
a) Marketing research
b) Advertising
c) Sales management
d) Anouncements
50. Financial Management is planning, organizing, directing and controlling the financial
activities like procurement and utilization of funds of the enterprise
 a) True
b) False

51. the functional area of management is

a) Production management
b) finance management
c) Marketing management
d) All of the above

52. What is the other name of Production management is

a) Conceptual management
b) Operational management
c) Guidance management
d) None of the above

53. the sub-activities of the marketing management are

a) Advertising
b) Marketing Research
c) Sales Management
d) All of the above

54. ___________ Management is planning, organizing, directing and controlling the

financial activities
a) Technical Skills
b) Financial Skills
c) Human management skills
d) None of the above

55. Which skill inspires people to do what the manager wants them to do.
a) Leadership Skill
b) Motivation Skill
c) Technical Skill
d) None of the above

56. Ability of a person to take timely and accurate decisions comes under _______ skills
a) Organizational Skill
b) Decision Skill
c) Manipulating skill
d) None of the above

57. This skill helps the manager to lead the people working under him
a) Leader ship skill
b) Technical Skill
c) Conceptual Skill
d) None of the above

58. As we go through a hierarchy from the bottom to higher levels, the ________skills
lose their importance
a) Leadership Skill
b) Technical Skill
c) Marketing Skill
d) None of the above

59. The objective of Human Resource Management is

a) Effective utilization of human resources
b) Growth and Development of human resource
c) Creating policies and procedures
d) All of the Above

60. __________ skills are most important for supervisory level or first-level managers.
a) Motivation Skill
b) Technical Skill
c) Human Management Skill
d) None of the above

61. Planning, controlling and directing of the resources i.e men, material, machine,
equipment comes under
a) Marketing Management
b) Production Management
c) Financial Management
d) None of the above

62. Which situation may arise due to lack of directions?

A. Unable to execute planned work.
B. Unable to identify resources.
C. Chances of repetitive mistakes.
D. All of the above
63. Which of the following is not a Characteristic of Direction?
A. It provides an imbalance in the organization
B. It provides stability
C. It is a managerial function
D. It is a managerial function
64. What are the Principles of Direction?
A. Efficient control
B. Effective communication
C. Both A and B
D. None of the above
65. What are the Elements of Direction?
A. Supervision
B. Leadership
C. Motivation
D. All of the above
66. What is the function of a supervisor?
A. Do not issue orders
B. Provide a healthy environment
C. Introduce old work methods.
D. Repair broken tools and equipment
67. What are the benefits to the supervisor of the understanding team.?
A. To take perfect decision
B. Promotion
C. Status
D. Increments
68. Directions by supervisors cannot avoid following problems
A. Wastages of time
B. Rework
C. Machine capacity
D. Repetitive mistakes
69. There should be unity of command in directions
A. True
B. False
70. In giving directions when a supervisor says “goal of workers and organization are same”.
Then such directions are called
A. Unity of command
B. Harmony of objective
C. Direct supervision
D. Follow through
71. Instructions by supervisor should be
A. Clear and simple
B. On time
C. Both A and B
D. None of the above
72. Direction involves minimum individual contribution
A. True
B. False

73. what is management?

a) Art of getting work done through people
b) It is a science
c) Process of effectively utilizing resource
d) All of the above
74. ____ plays an important part in the success of an organisation
a) Teamwork
b) Qualification
 c) Debate
d) None of the above
75. The following includes the concept of management:
a) Money
b) Manpower
c) None of the above
d) Both A and B

76. ____ stated the definition of management as The art of getting things done through
people
a) Ralph C devis
b) Marry Parker Follet
c) George R Terry
d) F.W Taylor
77. The role of the management is to ensure that the goals of the organization are achieved.
a) True
b) False
78. change in technology, size of organization and specialization in work
and theories are called As:
a) Tangible changes
b) Intangible changes
c) All of the above
d) None of the above
79. Management ensures that all the activities are ___________the attainment of the
Organizational goal.
a) Designed effectively for
b) Properly managed for
c) Neatly done for
d) All of the above
80. Management encourages all individual activities that will lead to reaching organizational
goals.
a) True
b) False
81. Importance of management includes:
a) Qualification
b) Organization
 c) Minimum wastage
d) Administration
82. Management minimizes the wastage of
a) Product
b) Material
c) Men
d) Both B and C
83. Counselling of staff is becoming an essential function of the _________.
a. Manager.
b. HR.
c. Supervisor.
d. None of the above.
Ans: c. Supervisor
84. ________ is the counsellor, mentor and advisor of the workers.
a. Supervisor.
b. SDL.
c. CEO.
d. None of the above.
Ans: a. Supervisor
85. Counselling in the work place is a way of the organization to care about the
___________.
a. Clients.
b. Employees.
c. Advisors.
d. Manager.
Ans: b. Employees
86. Reason(s) for need of personal counselling.
a. Unrealistic targets or work-load.
b. Constant pressure to meet the deadline.
c. Workers lose confidence in job .
d. All of the above.
e. None of the above.
Ans: d. All of the above.
87. Qualities of a supervisor as a counsellor.
a. Motivational approach
b. Good communication skill.
c. Both (a) and (b).
d. None of the mentioned
 Ans: c. Both (a) and (b).
88. Which of the following is not a quality of supervisor as a counsellor.
a. A counselling supervisor must demonstrate the leadership skills.
b. Must have expertise in his/her field.
c. Unethical manner.
d. Good communication skill.
Ans. c. Unethical manner
89. As a successful supervisor one must have logical skill and thinking of ability to predict
what mistakes are possible in near future at work place.
a. True
b. False
Ans. a. True.
91. ________ the current working condition can be considered for advanced prediction of
possible mistakes.
a. Foregoing
b. Counselling
c. Supervising
d. Overlooking
Ans. c. Supervising
92. A counselling supervisor must demonstrate the ___________ skills.
a. Leadership
b. Communication
c. Problem solving
d. All of the above
Ans. d. All of the above.
93. Possible mistakes can be predicted by
a. Supervising the current working condition.
b. Comparing deviation with standards.
c. Analysing the workers general work attitude.
d. All of the above.
Ans. d. All of the above.
94. Counselling helps the employee to share and look at his problem from a new
perspective.
a. True
b. False.
Ans. a. True.
95. Respective management at their level can elaborate decision in the following ways:
a. On notice board.
b. Written format.
c. In meetings.
d. During counselling.
e. All of the above.
Ans. e. All of the above.

96. Why do we need to elaborate descision.

a. To organise the works.
b. To create emphasis policies of management.
c. To help workers in counselling.
d. None of the above.
Ans. b. To create emphasis policies of management.

97. Why disciplinary standards are important.

a. Quality in work performance.
b. Losses are reduced.
c. Both A & B.
d. None of the above.
Ans. c. Both A & B.

98. Time factor following is a ________.

a. Counselling.
b. Leadership skill.
c. Disciplinary standard.
d. None of the above.
Ans. c. Disciplinary standard.

99. Decisions can be elaborated here:

a. On notice board
b. Written format
c. In meetings
d. During counselling

100. Losses are reduced by _________.

a. Elaborating decisions.
b. Counselling
c. Laying disciplinary standards.
d. All of the above.
Ans. c. Laying disciplinary standards.
101. _____________ requires intuition and good judgment.

A. Planning
B. Decision making
C. Communication
D. Controlling

102. _____________ is the most basic and primary function of Management.

A. Organizing
B. Purchasing
C. Directing
D. Planning

103. Planning may fail because of:

A. Incomplete knowledge of work

B. Absence of data analysis
C. Unrealistic nature of plan
D. All of the Above

104. The process transform plans in to reality.

A. Planning
B. Organizing
C. Directing
D. All of above

105. _____________ function of management is concerned with both ends and means.

A. Organizing
B. Staffing
C. Planning
D. Directing
106. Changes and events cannot be eliminated but they can be anticipated and
managerial response to them can be developed. Which importance of planning is
highlighted in the above statement?
A. Planning provides direction.
B. Planning reduces overlapping and wasteful activities.
C. Planning reduces the risk of uncertainty.
D. Planning facilitates decision making.

107. Planning ensures clarity in thought and action, work is carried out smoothly
without interruptions. Which importance of planning is highlighted in the above
statement?
A. Planning provides direction.
B. Planning reduces overlapping and wasteful activities.
C. Planning reduces the risk of uncertainty.
D. Planning facilitates decision making.

108. What one of the following is not a key management skill in planning?

A. Conceptual skills
B. Analytical skills
C. IT and computing skills
D. Communication skills

109. Lower manager is also called as _____________

A. Inspector
B. Director
C. Supervisor
D. Foreman

110. Planning process begin with as _____________

A. Selecting alternatives
B. Identity alternatives
C. Developing planning premise
D. Setting objectives

111. Planning is _____________ process.

A. Thinking
B. Forecasting
C. Directing
D. Order

112. Planning, organizing, directing and controlling are the

A. Goals of management
B. Functions of management
C. results of management
D. all of the above

113. Planning is the _____________

A. Primary/First function of the manager

B. Both A) and D)
C. None of the options are correct
D. The last function of the manager
114. Deciding in advance what to do, how to do and when to do is _____________

A. Decision-making
B. Organizing
C. Planning
D. Motivating

115. Which of the following is a benefit of planning?

A. Helps in avoiding confusion and misunderstanding.

B. Ensures clarity in thought and action.
C. Useless and redundant activities are minimised or eliminated.
D. All of the above.

116. Strategic planning is also called as _____________

A. Tactical planning
B. Short term planning
C. Long term planning
D. Business policy

117. What is another name for contingency planning?

A. Synergy planning
B. Ad hoc planning
C. Business level planning
D. Scenario planning
118. Why directions by supervisor are necessary?

A. To avoid mistakes
B. Peoples get directions
C. Time is saved
D. All

119. Future losses can be minimized by

A. Future predictions
B. Planning
C. organizing
D. Staffing

120. _____________ requires intuition and good judgement.

A. Planning
B. Decision making
C. Communication
D. Controlling

121. Which of the following is not the function of management

A. Staffing
B. Planning
C. Co-operation
D. Controlling

122. The _____________ management function involves identifying & arranging the work
and resources needed to achieve the goals that have been set.

A. Controlling
B. Organizing
C. Planning
D. Staffing

123. _____________ is recruitment of right people at right place in an organization.

A. Planning
B. Organizing
C. Staffing
D. Controlling
124. Planning involves the effort to direct and lead people to accomplish the planned work of
the organization.

A. True
B. False

125. _____________ can be defined as the set of steps to do the particular activity or
activities in systematic manner.

A. Organizing
B. Planning
C. Directing
D. Motivating

126. A _____________ is the person who actually gives practical shape to the policies of
the enterprise with the help of workmen

A. Foreman/Supervisor
B. Gang Manager
C. First Link Manager
D. Speed Manager

127. _____________ is a vital link or mediator between management & worker.

A. Supervisor
B. Gang Manager
C. First Link Manager
D. Speed Manager

128. Supervisors have the tendency to spend most of their time on this function:

A. Directing
B. Controlling
C. Planning
D. Staffing

129. Supervisory management spends most of his/her time:

A. Planning and Controlling.

B. Directing and Controlling
C. Planning and Organizing
D. Organizing and Controlling
130. The first step in the planning process is to:

A. Set an objective
B. Evaluate alternatives
C. Determine strength and weaknesses
D. None of above

131. Which decision should be made by the supervisor?

A) Underestimating the employee
B) Implement the option chosen
C) Make the group based on some racism
D) Approach everyone with attitude

132. Which decisions need to be elaborated

A) To create awareness about decision
B) How to humiliate someone
C) Blame someone
D) Which person should be in the group

133. Which of the following is the ways to elaborate the decision

A) On whatsapp group
B) By announcing everywhere
C) On notice board

[Link] which topics the decisions can be elaborated

A) Which employee is not best
B) Which employee should be removed from the office
C) Uniform of workers

135. Which of these is not the importance of disciplinary standards

A) Maintains Workplace standards
 B) Controls problem
C) Avoids lawsuit
D) Time factor not followed

136. Which of the following is not the ways of laying disciplinary standards
A) Disciplinary action
B) Training for discipline
C) Quality-cero error
D) Award to non – disciplined practices

137. Main objective of educational guidance is to bring change in

A) Psychological Development of the child

B) responsibility of self direction
C) Both A & B
D) None of the Above.
138. What is not the principle of Guidance
A) Holistic development of individual
B) Acceptance of individual needs
C) Not a continuous process
D) Recognition of individual needs and difference

[Link] secondary stage of schooling, students need guidance

A) For planning future higher education

B) For planning a change of school
C) For planning a job
D) or creating a portfolio

[Link] responsibility of the counselor is to _____________.

A) Express his view to the counselee.

B) Make decisions for the counselee.
C) Set up goals for the counselee.
 D) Following-up stage

141. _____________ requires intuition and good judgment

A) Planning
B) Decision making
C) Communication
D) Controlling

142. Supervisor has to advise troubled employee to improve his

performance. Which function of management he is performing

A) Motivation
B) Personal counselling
C) Communication
D) Controlling

143. Personal Counseling is a very effective tool for troubled employee when
A) He lost his interest in job and gives poor performance
B) He is facing personal problem
C) Inferiority complex is developed
D) All above

144] Personal Counseling is a very effective tool for troubled employee when-
⚫ he lost his interest in job and gives poor performance
⚫ he is facing personal problem
⚫ inferiority complex is developed
⚫ all above

145] Supervisor can counsel his employee by- 1. sharing worker feelings 2.
understand his problem 3. giving him extra facility. 4. changing his job position
⚫ 1&2
⚫ 2&3
⚫ 3&4
⚫ 1&4

146] Which of the following law is a relating to Industrial Relations?

⚫ Minimum Wages Act 1948
⚫ Workmen Compensation Act 1923
 ⚫ Factories Act 1948
⚫ Industrial Disputes Act 194

147] The Factory act is applicable to the premises wherein …….. or more
workers are employed without the use of power.
⚫ 5
⚫ 10
⚫ 15
⚫ 20

148] Which of the following Schedules of Industrial Disputes Act 1947 indicates
“The matters within the jurisdiction of Labour courts”?
⚫ The First Schedule
⚫ The Second Schedule
⚫ The Fifth Schedule
⚫ The Third Schedule

149] Direct Supervision on workers is function of

(A) Top Level Management

(B) Middle Level Management
(C) Low Level Management
(D) Operating force

150] A —– is a conclusion of a process by which one chooses between two or

more available alternative courses of action for the purpose of attaining goals.

(A) Organizing
(B) Decision Making
(C) Controlling
(D) Designing

151] Following types of information is passes through the foreman.

(A) Vertically Upward
(B) Vertically Downward
(C) Both a & b
(D) None of the above
 152] A ——–is the person who actually gives practical shape to the policies of the
enterprise with the help of workmen

(A) Foreman/Supervisor
(B) Gang Manager
(C) First Link Manager
(D) Speed Manager

153] —–------ is a vital link or mediator between management & worker.

(A) Supervisor
(B) Gang Manager
(C) First Link Manager
(D) Speed Manager

154] Management audit is a technique to keep a check on the performance of:

(A) Company
(B) Management of the company
(C) Shareholders
(D) Customers

155] Controlling function of an organization is:

(A) Forward looking

(B) Backward looking
(C) Forward as well as backward looking
(D) None of the above

156] —–-------- is an important principle of management control based on the

belief that an attempt to control everything results in controlling nothing.

(A) Management by Objectives

(B) Management by Exception
(C) Participative Management
(D) Critical Path Method
157] The advanced and quantitative technique used for managerial control is —–

(A) PERT
(B) Budget
(C) Operational Audit
(D) BEA

158] The traditional device which is widely used for managerial control is —–-----

(A) Budget
(B) Break Even Analysis
(C) Statistical Data
(D) All of the above

159] By what process do managers influence other members of an organization

to implement organization’s strategies?

(A) Motivation
(B) Training
(C) Management Control
(D) Leading

160] Leadership is a function of all the following factors except:

(A) Work group

(B) Product or Service
(C) Leader
(D) Situation

161] When management pays attention to more important areas and when day to
day routine problems is looked after by lower-level management, it is known as:

(A) Management by Objectives

(B) Management by Exception
(C) Participative Management
(D) Critical Path Method
162] The higher quality of managers and their subordinates the less the need for
--—–

(A) Direct control.

(B) Preventive control
(C) Tactical control
(D) Strategic control.

163] According to Abraham Maslow, the most elevated / higher type of need is —
–

(A) Self-actualization
(B) Physiological
(C) Esteem
(D) Safety

164] Advantages of written communication are

(A) It gives evidences about event

(B) It provides permanent record for future
(C) Reduces chances of misinterpretation
(D) All of the above

165] _____________ requires intuition and good judgment

(A) Planning
(B) Decision making
(C) Communication
(D) Controlling

166] Supervisor has to advise troubled employee to improve his performance.

Which function of management he is performing-

(A) Motivation
(B) Personal counselling
(C) communication
(D) controlling
167. What are the Traditional techniques for Controlling methods?
a) Personal Observation
b) Statistical reports
c) Breakeven analysis
d) Budgetary control
e) All of the above mentioned
Answer: E

169. What Breakeven analysis determines?

a) It determines only loss.
b) It determines only profit.
c) It determines the probable profit and losses at different levels of
operations.
d) It is not used for both loss and profit determination.
Answer: C

170. The sales volume at which there is no profit, no loss is known as which
point.
a) Statistical point
b) Breakeven point
c) Profitable point
d) None of the mentioned above
Answer: B
171. Breakeven analysis is a?
a) This technique used by managers to study the relationship between costs,
volume and profits.
b) Technique in which all operations are planned in advance in the form of
budgets and actual results are compared with budgetary standards.
c) Very time-consuming exercise and cannot effectively be used in all kinds
of jobs.
d) Useful technique for the managers as it helps in estimating profits at
different levels of activities.
Answer: D
172. Breakeven Point= Fixed cost/ Selling price per unit - Variable cost per unit
a) True
b) False
Answer: A

173. Budgetary control are defined as?

a) This technique used by managers to study the relationship between costs,
volume and profits.
b) Technique in which all operations are planned in advance in the form
of budgets and actual results are compared with budgetary standards.
c) Very time-consuming exercise and cannot effectively be used in all kinds
of jobs.
d) An overall analysis of reports and data which is used in the form of
averages, percentage, ratios, correlation, etc., present useful information to the
managers regarding the performance of the organization in various areas.
Answer: B
174. Budgetary control helps?
a) Estimating profits at different levels of activities.
b) To take necessary actions so that organisational objectives are
accomplished
c) It determines the probable profit and losses at different levels of
operations.
d) It is not used for both loss and profit determination.
Answer: B

175. Which Traditional techniques enables the manger to collect first-hand

informaton?
a) Personal Observation
b) Statistical reports
c) Breakeven analysis
d) Budgetary control
Answer: A

176. Personal observation creates a ___ pressure on the employees to perform

well as they are aware that they are being observed personally on their job.
a) Psychological pressure
b) Physical presure
c) Work task pressure
d) Job insecurity
Answer: A
177. Which Traditional technique is very time-consuming exercise and cannot
effectively be used in all kinds of jobs.
a) Personal Observation
b) Statistical reports
c) Breakeven analysis
d) Budgetary control
Answer: A

178. Statistical reports are defined as?

a) This technique used by managers to study the relationship between costs,
volume and profits.
b) Technique in which all operations are planned in advance in the form of
budgets and actual results are compared with budgetary standards.
c) Very time-consuming exercise and cannot effectively be used in all kinds
of jobs.
d) An overall analysis of reports and data which is used in the form of
averages, percentage, ratios, correlation, etc., present useful information to
the managers regarding the performance of the organization in various
areas.
Answer: D

179. Various forms like _, __, ___ enables the managers to read them more
easily & allow a comparison to be made with performance in previous periods
& also with the benchmarks.
a) Graphs
b) Charts
c) Tables
d) All of the mentioned above
Answer: D
180. Statistical reports can be defined as an overall analysis of reports and data
which is used in the form of ___?
a) Averages
b) Percentage
c) Ratios
d) All of the above mentioned
Answer: D

181. Breakeven analysis are defined as?

a) This technique used by managers to study the relationship between
costs, volume and profits.
b) Technique in which all operations are planned in advance in the form of
budgets and actual results are compared with budgetary standards.
c) Very time-consuming exercise and cannot effectively be used in all kinds
of jobs.
d) An overall analysis of reports and data which is used in the form of
averages, percentage, ratios, correlation, etc., present useful information to the
managers regarding the performance of the organization in various areas.
Answer: A

182. The year 1991 is famous for.

A) New Fiscal deficit policy

B) IT parks initiated in Bangalore
C) Globalization policy, liberalization was accepted by India
D) Policies of cooperative societies changed
Ans : C

183. The primary sector includes all of the following except.

A) Forestry
B) Manufacturing
C) Mining
D) Agriculture
 Ans : B

184. _________ product comes under petrochemical industry.

A) Vehicles
B) Plastic
C) Wood
D) Paper
Ans : B

185. Management causes.

A) Miss-communication
B) Wastage of resources
C) Miss-coordination
D) None of the above
Ans : D

186. _______ Skill is needed at the top level management.

A) Technical

B) Conceptual and technical

C) Conceptual

D) Conceptual, Technical and human

Ans : D

187. ______ is recruitment of right people at right place in an organization.

A) Planning
B) Organizing
C) Staffing
D) Controlling

Ans : C

188. Policy making in an industry is a role of

A) Management
B) Administration
C) Public
D) Workers

Ans :B

189. Scientific management works on

A) Research and experimentation

B) Trial and error
C) More attention on production only
D) Tradition management theory
 Ans : A

190. What is Espirit De Corps ?

A) It is a function of management
B) It is a principle of management
C) It is management concept in Russia
D) It is a name of company

Ans :B

191. The process of monitoring, comparing and correcting is called ______

A) Coordinating
B) Controlling
C) Leading
D) Organizing

Ans :B

192. A joint venture can be defined as

A) Two firms collaborate with each other on a specific project

B) One firm licenses its intellectual property to another firm
C) Two firm merge together
D) Two firm come together to form a third, legally separate firm
Ans : A

193. Grouping the activities or operations of an enterprise into various units is referred as

A) Centralization
B) Departmentation
C) Delegation
D) Communication
Ans : B

194. _____ can be defined as running business by a single owner

A) Proprietorship
B) Partnership
C) Private limited
D) Public limited
Ans : A

195. Which are factors in which span of control depends ?

A) Trained and experienced subordinates

B) Type of work
C) Capacity of executive or manager
D) All of the above
Ans : D
196. Unlimited liability is present in

A) Proprietorship
B) Partnership
C) Both a & b
D) None of the above
Ans : C

197. “Achievement due to one will be shared by all others”, this happens in

A) General partnership
B) Limited partnership
C) Both a and b
D) None of the above
Ans : C

198. Factories act come into force from ____________

A) 1948
B) 1949
C) 1976
D) 1St April 1949
Ans : D

199. VAT and sales tax falls under __________

A) Indirect tax
B) Service tax
C) Direct tax
D) All of the above
Ans : A

200. The necessity of industrial act is to protect the interests of :

A) Workers
B) Employers
C) A and B
D) None of the above
Ans : C

201. Safety management deals with ____________

A) Loss of life

B) Personal injury

C)Damage to the equipment

D) of an aaccident

Ans : D
202. Collapse of crane is a cause of accident, under which type of accident it come ?

A) Mechanical cause of accident

B) Natural cause of accident
C) Human error
D) All of the above
Ans : A

203. Capital required by a company to purchase building for starting the company is called as

A) Working capital
B) Fixed capital
C) Loan
D) Dept
Ans : B

204. Variance report is the difference between outcome of the company

A) Material cost and labor cost

B) Planned budget and actual budget
C) Cash budget and fixed budget
D) Purchased budget and overhead budget
Ans : B

205. Which is input to MRP

A) Current forecasting

B) Bill of material
C) On hand inventory

D) All of the above

Ans : D

206. Value added tax (VAT) is a tax on ?

A) An employee earning
B) The organization profits
C) The investment earnings
D) Good and services
Ans : D

207. Internal source/s of finance is/are:

A) Deferred taxation
B) Shares
C) Debentures
 D) All of the above
Ans : D

208. According to which Act, a business is required to prepare a balance sheet?

A) Companies Act

B) Factory Act

C)Environmental Act

D) of the above

Ans: A

209. Which is part of material management

A) Inventory Management
B) Marketing Management
C) Both A & B
D) None
Ans : A

210. Which is not the feature of ERP

A) Integrated system
B) Common Data-Base
C) Departmental access
D) Different look for each module
Ans : D

211. Sales budget is?

a) A statement states an organization expects to sell in terms of quantity as well as value

b) A statement states an organization plans to produce in the budgeted period

c) A statement of estimated quantity and cost of materials required for production

d) Anticipated cash in flow and out flow for the budgeted period

Answer: A
212. Production budget is?

a) A statement states an organization expects to sell in terms of quantity as well as value

b) A statement states an organization plans to produce in the budgeted period

c) A statement of estimated quantity and cost of materials required for production

d) Anticipated cash in flow and out flow for the budgeted period

Answer: B

[Link] budget is?

a) A statement states an organization expects to sell in terms of quantity as well as value

b) A statement states an organization plans to produce in the budgeted period

c) A statement of estimated quantity and cost of materials required for production

d) Anticipated cash in flow and out flow for the budgeted period

Answer: C

214. Cash budget is?

a) A statement states an organization expects to sell in terms of quantity as well as value

b) A statement states an organization plans to produce in the budgeted period

c) A stateent of estimated quantity and cost of materials required for production

d) Anticipated cash in flow and out flow for the budgeted period

Answer: D

215. Capital budget is?

a) A statement states an organization expects to sell in terms of quantity as well as value

b) A statement states an organization plans to produce in the budgeted period

c) A stateent of estimated quantity and cost of materials required for production

d) Estimate spending on long-term assets like new factory or major equipment

Answer: D
216. Research and Development budget is?

a) A statement states an organization expects to sell in terms of quantity as well as value

b) Estimate spending for the development or refinement of products and processes

c) A stateent of estimated quantity and cost of materials required for production

d) Estimate spending on long-term assets like new factory or major equipment

Answer: B

217. Advantage’s of Budgeting

a) Budgeting focuses on specific and time-bound targets and thus, helps in attainment of
organisational objectives.

b) Budgeting is a source of motivation to the employees who know the standards against which
their performance will be appraised and thus, enables them to perform better.

c) Budgeting helps in optimum utilisation of resources by allocating them according to the

requirements of different departments.

d) All of the above mentioned

Answer: D

218. Controlling tools include:

a) Return on investment

b) Ratio analysis

c) Responsibility accounting

d) All of the above mentioned

Answer: D

219. Controlling tools include:

a) Management audit

b) PERT and CPM

c) Management information system

d) All of the above mentioned

Answer: D
220. Budgeting facilitates management by exception by stressing on those operations which deviate
from budgeted standards in a significant way.

a) True

b) False

Answer: A

221. A budget is a quantitative statement for a definite future period of time for the purpose of
obtaining a given objective.

a) True

b) False

Answer: A

222. A budget is a ___ statement for a definite future period of time for the purpose of obtaining a
given objective.

a) Qualitative

b) Quantitative

c) Time estimation

d) Cost estimation

Answer: B

223. Budgetary control will contain figures of forecasts both in terms of time and quantities.

a) True

b) False

Answer: A

224. Budgetary control will contain figures of forecasts both in terms of cost and time

a) True

b) False

Answer: B
225. What are the different types of Budget?

a) Sales budget

b) Production budget

c) Material budget

d) All of the above mentioned

Answer: D

226. What are the different types of Budget?

a) Cash budget

b) Capital budget

c) Research & Development budget

d) All of the above mentioned

Answer: D