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WorksheetsUnit 08 - Maintain business resources
Total questions: 20
Worksheet time: 5hrs 0mins
Amarda Company imported raw materials from Japan worth £100,000. They paid £8,000 in import duty and £15,000 for transportation. They also paid £2,000 import taxes which will be refunded by the government. What is the value of the raw materials purchased?
£127,000
£125,000
£117,000
£112.000
XYZ is a leather goods manufacturing company in KSA. They have total investment of $200,000, have $50,000 to spend on resources and the rest is administrative cost. They want to install a new unit to manufacture leathering socks. Which of the following documents would they need to consult to identify how much they have to spend on a resource?
Organizational Hand Book on ordering procedures
Resource allocation budget
Invoices of past purchases for the resource
Profit and loss account
Ali is an employee in Fed Ex delivery warehouse. He had used forklift which he did not had training on. He had damaged the equipment, therefore when using the equipment it’s important to:
Consider what it will cost to maintain the equipment
Know where the parts to make the equipment came from
Be trained on how to use them
All of the above
The photocopier keeps breaking down and you have discovered that you are spending a lot of money on calling out the engineer to fix it. What process is best to use to resolve the problem?
Monitor and evaluate the types of faults that has been occurring and who has been reporting them
Monitor and evaluate the frequency and dates when the faults are occurring
Carry out an analysis survey through staff to find out the specific types of problems that often occur with the photocopiers when they are photocopying different types of documents
All of the above
- Zara clothing fashion Line Company had always have sufficient resources to run smoothly and efficiently. It can achieve this by:
Keeping track of the resources it has on hand
Ordering new stock when appropriate
Monitoring stock usage
All of the above
Which of the following will not happen if stock is not managed in a timely manner.
There will be a loss of income
Customers will be unhappy
Staff will lose their jobs
The company will get a refund on the stock bought; that has not been used after 1 year
Planning for Stock/Inventory does not involves:
Counting what is in the store house and planning for more stock
Looking at the past and current activities to feed into the future needs of the business.
Managing staff to be better at estimating stock/inventory needs.
Speculating on how much stock other companies are buying
Which of the following investment appraisal tools emphasis speed of return on investment (ie quickly shows when the cost of an item will be recuperated):
Net present value
Payback
Average rate of return
None of the above
An investment project has an initial outlay of £250,000 and it is expected to generate total returns of £425,000 over the four year period what is the Average Rate of Return for this project?
170.0%
42.5%
45.5%
17.5%
The following image is an example of a __________________________.
Gantt chart
Dream chart
Milestone chart
Grant chart
You have discovered that the budget allocated will not be enough to purchase all of these items to the quantities that are required. What will you do.
Recommend an increase in the budget based on the best quality and most economical and effective choices you have identified
Ask companies to reduce the prices of their products and the guarantee cost to accommodate your budget.
Recommend that only half of the items be bought now and the rest bought later on
Recommend increase the items
What is the purpose of maintaining Business Resources
To show good management
To make effective and efficient use of resources, so that business profits can be maximized
To make more sales
To get good press reviews.
Which of the following is not a business resource
Natural resources
Human Resources
Financial Resources
Saving Account
Investment Appraisals is for what kind of purchase
Perishable goods
Projects that have discounts and interest added to them
Buildings, Equipment, Machinery, Human Resources that can be used to generate income into the business
All of the above.
Which of the following Investment Appraisal methods shows the profitability of a project
Net Present Value
Payback
Average Rate of Return
Which of the following Investment Appraisals methods discounts future monies
Net Present Value
Payback
Average Rate of Return
What's a business resource
Capital and finance resource
Human resource
Natural resource
All of the above
‘Business rules & guidelines’ would be considered:
A policy.
A Procedure.
A characteristics.
None of the above
Which of the below are ways of classifying data
A-Alphabetical
B-Column
C-Geographic
D-Both A & C
Which of the below is not an electronic storage device
Portable hard disk
Suspension file
CDs
USB flash drive
