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WorksheetsUnit 7&8 Quiz
Total questions: 30
Worksheet time: 23mins
‘Business rules & guidelines’ would be considered: (U8 KLO 1.1)
A policy.
A Procedure.
A characteristics.
None of the above
Which of the following is not an advantage of electronic filing systems (U7 KLO1.5)
Less physical space
Less waste
Accessible to all
Economical
Which of the below is not a step you should take to ensure records are accurate? (U7 KLO1.3)
A. Check the source of the information
B. Cross-check information
C. Ask your manager to sign the record
D. Both B & C
Which of the below is not a feature of an effective business record system? (U7 KLO1.5)
A. simple and easy to use
B. Have a high retrieval speed
C. Be easily accessible to all staff.
D. Both B & C
Which department would usually produce a report on job applications (U8 KLO1.3)
Human Resources
Managers
Customer Services
None of the above
Which of the following is an electronic device (U8 KLO1.2)
A- USB
B- Hard Drive
C- Rotary file
D- Answer A and B
Which of the following is a record? (U7 KLO1.2)
Extra copies
Blank forms
Manuals
E-mails
Which department would usually work on dealing with customer complaints (U8 KLO2.4)
Human Resources
Managers
Customer Services
None of the above
‘Smoking is prohibited inside all campus facilities’ is an example of: (U8 KLO1.1)
A policy.
A Procedure.
A characteristics.
None of the above
___________ establishing control over the creation of record-keeping will create easy system to keep tracking of any documents. (U7 KLO1.1)
System control
Records continuum theory
Mandate and ownership of business process
Environmental context
__________ records and documentation has to be in a safe environment. (U7 KLO1.4)
System control.
Records continuum theory.
Mandate and ownership of business process.
Environmental context.
Knowledge management is the process of capturing, distributing, and _________ using knowledge. (U8 KLO2.4)
hopefully
thoughtfully
attentively
effectively
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? (U8 KLO2.4)
£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? (U8 KLO 1.3)
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: (U8 KLO2.4)
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
Which of the following will not happen if stock is not managed in a timely manner. (U8 KLO1.3)
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: (U8 KLO1.2)
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): (U8 KLO1.3)
Net present value
Payback
Average rate of return
None of the above
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. (U8 KLO2.1)
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 (U8 KLO2.2)
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 (U8 KLO2.1)
Natural resources
Human Resources
Financial Resources
Saving Account
Investment Appraisals is for what kind of purchase (U8 KLO2.1)
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 below are ways of classifying data (U7 KLO1.1)
A-Alphabetical
B-Column
C-Geographic
D-Both A & C
Which of the below is not an electronic storage device (U8 KLO1.2)
Portable hard disk
Suspension file
CDs
USB flash drive
Which of the below should an organization consider when choosing a storage device? (U8 KLO1.3)
A-Capacity
B-Color
C-Both A & D
D-Physical size
Everyone has wants and needs. However, the world’s resources are limited, so we can’t have everything we want. This is known as economic ________. (U8 KLO 1.1)
Problem
Supply
Demand
Scarcity
Which of the following could NOT be a sole trader? (U7 KLO1.1)
An internet provider
An independent hairdresser
An electrician
A musician
What best describes 'business capital'? (U7 KLO1.3)
Where the company's central headquarter are.
The total profit earned by a company.
The financial assets owned by a company.
What is tendering about (U7 KLO1.3)
Sending in a purchase order for goods and services.
The process of inviting companies to make an offer, bid or proposal to carry out works.
Companies sending out marketing and promotional materials about their products and services
If you were to tender out this order, what will you be looking for? (U7 KLO1.3)
Quality of product at the right price
Named brand, Quality of product at the right price and guarantees
Discounts and after care services on products
All of the above.
