vu mgt211 Mid Term - Quiz No.7
vu mgt211 Introduction To Business Quiz
This quiz belongs to book/course code vu mgt211 Introduction To Business of vu organization. We have 30 quizzes available related to the book/course Introduction To Business. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Mid Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
NVAEducation also facilitates users to contribute in online competitions with other students to make a challenging situation to learn in a creative way. You can create one to one, and group competition on an topic of a book/course code. Also on NVAEducation you can get certifications by passing the online quiz test.
Question 1: Which of the following regarding GAAP is true?
GAAP is the body of accounting knowledge followed by all countries in the world.
GAAP is the abbreviation for generally accepted auditing procedures.
Changes to GAAP must be approved by the Senate Finance Commission.
All of the given options.
Question 2: Normally some part of Capital is kept for the payment of debts at the time of winding up, is called as:
Reserve capital
Un-Issued Capital
Un-Called up Capital
All of the given option
Question 4: A written statement of what a jobholder does, how a job is done, and why a job is done is a __________ :
Job description.
Human resource inventory report.
Job analysis.
Job specification.
Question 5: Assets which can not be physically touched are termed as __________
Intangible assets
Tangible assets
Good will
None of the given options
Question 6: General information like Appointment, election and powers of directors, voting rights and transfer of shares mention in __________.
Charter of Company
Article of Association
Prospectus
None of the given option
Question 7: The MBTI is a personality test that has been used to select candidates who will more likely engage in organizational citizenship behaviors at work. However, critics of this test suggest that the results can change over time as a persons personality develops. Therefore the MBTI personality test may be:
Legal but not valid
Valid but not reliable
Reliable but not valid
Reliable but not legal
Question 8: Advertising strategy that tries to keep a products name in the consumers mind.
Persuasive advertising
Comparative advertising
Informative advertising
Reminder advertising
Question 9: Business benefits the people by providing them
large number of services
Less number of services
Environmental pollution
Sub standard goods
Question 10: The formation of __________ does not require any legal formality like registration.
Sole proprietorship
Company
Cooperative society
Partnership
