wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Business studies Class XII Quiz-4

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

When does the Earning Per Share (EPS) of the company rise with higher debt?

a)

When the rate of return on investment is lower than the rate of interest.

b)

When the rate of interest is more than the rate of return

c)

When the rate of return on investment is higher than the rate of interest.

d)

None of the above

2.

Select the process that enables the management to foresee the fund requirements.

a)

Financial decision

b)

Dividend decision

c)

Financial planning

d)

Financial management

3.

Which of the following is incorrect with regard to the National Commission?

a)

A complaint can be made to the National Commission when compensation exceeds ` 1 crore.

b)

The members are appointed by central government.

c)

Where the aggrieved party directly approaches National Commission, the case can be taken to the Supreme Court of India.

d)

None of the above

4.

Control is_______.

a)

backward looking

b)

forward as well as backward looking

c)

forward looking

d)

None of the above

5.

All other managerial functions are performed within the framework of the plans drawn. Identify the related feature of planning.

a)

Planning is futuristic

b)

Planning is pervasive

c)

Planning is primary function of management

d)

Planning focuses on. achieving objectives

6.

If a manager wants to introduce new accounting system, then there may be initial resistance from

accounting staff. But, if manager explains the purpose, provides training and motivates them with

incentive, the staff may cooperate with manager. Which importance of directing is highlighted here?

a)

Provides stability

b)

Facilitates change

c)

Means of motivation

d)

Initiate action

7.

The working capital of a company is calculated by

a)

Quick Assets – Quick Liability

b)

Current Assets – Current Liability

c)

Current Liabilities – Current Assets

d)

Current Assets/Current Liabilities

8.

For the purpose of selecting employees for the post of ‘sales executives’ for its retail outlets, Reliance Fresh conducted a recruitment programme at Delhi University. Considering the vast number of job seekers, group discussions were conducted and the candidates who were selected had to face interviews and then they were offered job if they passed such interviews. Such programmes are often known as

a)

campus selection

b)

direct recruitment

c)

advertisement

d)

campus recruitment

9.

Which principle of scientific management discards the old approach of rule of thumb?

a)

Cooperation, not individualism

b)

Science, not rule of thumb

c)

Harmony, not discord

d)

None of the above

10.

Denial has joined as a Creative Head in an entertainment company. He always ensures that the work has been divided into small and manageable activities and also the activities of similar nature are grouped together. Identify the related step in organising process being mentioned in the above lines.

a)

Assignment of duties

b)

Establishing reporting relationships

c)

Identification and division of work

d)

Departmentalisation

11.

Assertion (A) Communication acts as a basis of coordination.

Reason (R) We must always clarify the idea before communication.

Alternatives

a)

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion

(A)

b)

Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of

Assertion (A)

c)

Assertion (A) is true, but Reason (R) is false

d)

Assertion (A) is false, but Reason (R) is true

12.

Wellness Health Care Limited, established with the objective of taking care of the people’s health. This was the first company of this type established in its field. There being no competition in the market was something good for the company. But when the company’s business was about to pick up, several competing companies got established in that field.Consequently, the comfortable position ofthe company came to an end. Hardly two years had gone since the company was established, when there occurred a big change in the priorities of the customers. Now they got tempted towards the local health promoting products instead of the company’s products. In this way, the company had to face great difficulties to keep itself established in the market. Which feature of business environment does the above event acquaint us with?

a)

Totality of external forces

b)

Specific and general forces

c)

Dynamic nature

d)

Inter-relatedness

13.

Arrange the correct sequence of planning process in an order

(i) Develop a strategic plan

(ii) Execute and manage your plan

(iii) Determine strategic position

(iv) Prioritise objectives

(v) Review and revise the plan.

a)

(iii), (i), (iv), (ii), (v)

b)

(iii), (iv), (i), (ii), (v)

c)

(i), (ii), (iv), (iii), (v)

d)

(i), (ii), (iii), (iv), (v)

14.

Which of the following statements is incorrect about the Securities Exchange Board of India (SEBI)?

a)

It is established in 1992.

b)

It is a non-statutory body.

c)

It is established to protect the right of Investors.

d)

None of the above

15.

In which of the following aspects, money market is different from capital market?

a)

Tenure of securities traded

b)

Liquidity of securities traded

c)

Participants

d)

All of the above

16.

Nancy Electrical Company is involved in manufacturing of remotes of AC. Company usually manufactures 1,000 remotes per day. The efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions In this company, jobs o similar nature are grouped together and these jobs, as separate departments, are organised properly. This leads to creation of particular type of organisational structure. Company follows decentralisation, i.e. selective dispersal of authority. Managers working at various levels are allowed to take their own decisions and they are personally accountable for their decisions. Which function of management is highlighted in the lines, “The efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions”?

a)

Controlling

b)

Organising

c)

Planning

d)

Coordination

17.

Analyse the picture of a factory in which the owner is giving bonus to his worker for making profit due to high production. Demonstrate the principle of Taylor.

a)

Harmony, not discord

b)

Efficiency and prosperity

c)

Science, not rule of thumb

d)

Cooperation, not individualism

18.

Match the following on the basis utility marketed.

a)

A-(iii), B-(ii), C-(i)

b)

A-(i), B-(iii), C-(ii)

c)

A-(i), B-(ii), C-(iii)

d)

A-(ii), B-(iii), C-(i)

19.

Statement I The management’s most difficult task is planning because it guides all subsequent actions.

Statement II Sometimes the cost incurred for planning may not be justified by the benefits obtained from the plans. Choose the correct option from the options given below:

a)

Statement I is true and Statement II is false

b)

Statement II is true and Statement I is false

c)

Both the statements are true

d)

Both the statements are false

20.

Statement I : Selling true focuses on customer satisfaction.

Statement II : Packaging and labelling are same or synonyms of each other.

a)

Statement I is true and Statement II is false

b)

Statement II is true and Statement I is false

c)

Both the statements are true

d)

Both the statements are false