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WorksheetsOrientation_Quiz_Final
Total questions: 60
Worksheet time: 45mins
Name
Class
Date
1.
Accounting is mainly concerned with:
a)
Recording financial transactions
b)
Preparing financial statements
c)
Interpreting financial information
d)
All of the above
2.
Which of the following is a real account?
a)
Cash Account
b)
Salary Account
c)
Rent Account
d)
Commission Account
3.
The golden rule of nominal account is:
a)
Debit what comes in, credit what goes out
b)
Debit the receiver, credit the giver
c)
Debit all expenses and losses, credit all incomes and gains
d)
None of the above
4.
Which of the following is not a current asset?
a)
Cash
b)
Debtors
c)
Furniture
d)
Stock
5.
The process of recording transactions in chronological order is called:
a)
Journalizing
b)
Posting
c)
Balancing
d)
Summarizing
6.
Which financial statement is prepared at the end to know the financial position?
a)
Profit & Loss A/c
b)
Trading A/c
c)
Balance Sheet
d)
Trial Balance
7.
Economics is the study of:
a)
Production only
b)
Distribution only
c)
Scarce resources and their allocation
d)
Money only
8.
Microeconomics deals with:
a)
National Income
b)
Individual units of the economy
c)
Inflation rate
d)
Government expenditure
9.
The father of economics is:
a)
Karl Marx
b)
Adam Smith
c)
Alfred Marshall
d)
Robbins
10.
Which is a central problem of an economy?
a)
What to produce
b)
How to produce
c)
For whom to produce
d)
All of the above
11.
Scarcity means:
a)
Limited wants and unlimited resources
b)
Unlimited wants and limited resources
c)
Equal wants and resources
d)
Sufficient resources
12.
The law of demand shows the relation between:
a)
Price and demand
b)
Income and demand
c)
Supply and demand
d)
Price and supply
13.
The situation of "too much money chasing too few goods" refers to:
a)
Deflation
b)
Inflation
c)
Stagflation
d)
Depression
14.
Fiscal policy is related to:
a)
Money supply
b)
Taxation and government expenditure
c)
Imports and exports
d)
Wage policy
15.
Opportunity cost means:
a)
The cost of production
b)
The value of next best alternative forgone
c)
The money cost of goods
d)
Cost of resources
16.
Who is regarded as the Father of Modern Management?
a)
Elton Mayo
b)
Henry Fayol
c)
F.W. Taylor
d)
Peter Drucker
17.
The first step in the process of management is:
a)
Organizing
b)
Planning
c)
Staffing
d)
Directing
18.
The management function concerned with assigning jobs and authority is:
a)
Planning
b)
Organizing
c)
Directing
d)
Controlling
19.
Unity of Command means:
a)
One man, many bosses
b)
One man, one boss
c)
Many men, one boss
d)
No boss at all
20.
Motivation is primarily concerned with:
a)
Planning
b)
Inspiring people to work
c)
Controlling
d)
Organizing
21.
Controlling is a management function which:
a)
Leads to staffing
b)
Evaluates performance against goals
c)
Comes before planning
d)
Is not required in large organizations
22.
Delegation of authority means:
a)
Transfer of responsibility
b)
Sharing of authority with subordinates
c)
Giving up accountability
d)
Increase in top management power
23.
The process of bringing the right man to the right job is:
a)
Directing
b)
Staffing
c)
Planning
d)
Organizing
24.
Which is NOT a type of entrepreneur?
a)
Innovative
b)
Drone
c)
Fabian
d)
Democratic
25.
Start-ups are mainly associated with:
a)
Traditional businesses
b)
Innovative and technology-based ventures
c)
Only government firms
d)
Only agriculture
26.
Intrapreneurship means:
a)
Entrepreneurship within a company
b)
Entrepreneurship in villages
c)
Entrepreneurship funded by banks
d)
Entrepreneurship in foreign countries
27.
Angel investors usually provide:
a)
Government grants
b)
Early-stage funding
c)
Bank loans
d)
Subsidies
28.
The process of converting ideas into business opportunities is called:
a)
Innovation
b)
Business planning
c)
Entrepreneurship
d)
Management
29.
MSMEs stand for:
a)
Micro, Small and Medium Enterprises
b)
Multi-sector Market Enterprises
c)
Medium Scale Manufacturing Enterprises
d)
Micro Sustainable Modern Enterprises
30.
Incubators provide:
a)
Legal disputes
b)
Support for start-ups like mentoring, space, networking
c)
Banking services
d)
Government jobs
31.
The measure of central tendency which divides the data into two equal parts is called:
a)
Mean
b)
Mode
c)
Median
d)
Range
32.
The most frequently occurring value in a data set is called:
a)
Mean
b)
Mode
c)
Median
d)
Range
33.
If the mean of 10 numbers is 25, the sum of these numbers is:
a)
100
b)
200
c)
250
d)
300
34.
Which of the following is a measure of dispersion?
a)
Mean
b)
Median
c)
Mode
d)
Variance
35.
In a perfectly symmetric distribution:
a)
Mean > Median > Mode
b)
Mean < Median < Mode
c)
Mean = Median = Mode
d)
None of the above
36.
The probability of getting a “Head” in a fair coin toss is:
a)
0.25
b)
0.5
c)
0.75
d)
1
37.
If the standard deviation of a data set is 0, it means:
a)
Data values are very large
b)
Data values are all the same
c)
Data values are negative
d)
None of the above
38.
Find the missing number: 2, 6, 12, 20, ?
a)
28
b)
30
c)
32
d)
34
39.
If A = 1, B = 2, C = 3, then the code for “CAB” will be:
a)
321
b)
312
c)
213
d)
231
40.
“All dogs are animals. All animals are living beings.” Which conclusion is correct?
a)
All dogs are living beings
b)
All living beings are dogs
c)
All animals are dogs
d)
None of the above
41.
Find the odd one out: Apple, Mango, Banana, Carrot
a)
Apple
b)
Mango
c)
Banana
d)
Carrot
42.
In a certain code, if CAT = 24, BAT = 23, then RAT = ?
a)
41
b)
42
c)
43
d)
44
43.
In MS Excel, the formula =SUM(A1:A5) will:
a)
Add values from cell A1 to A4
b)
Add values from cell A1 to A5
c)
Multiply A1 to A5
d)
Show error
44.
The intersection of a row and a column in Excel is called:
a)
Box
b)
Table
c)
Cell
d)
Block
45.
Which symbol is used to start a formula in Excel?
a)
=
b)
+
c)
-
d)
$
46.
Which of the following words is a synonym for "sophisticated"?
a)
Complex
b)
Simple
c)
Refined
d)
Basic
47.
Identify the correct sentence structure:
a)
Me and my friend went to the store.
b)
My friend and I went to the store.
c)
My friend and me went to the store.
d)
I and my friend went to the store.
48.
What is the meaning of the idiom "break a leg"?
a)
To suffer an injury
b)
To fail at something
c)
To wish someone good luck
d)
To take a risk
49.
Which of the following sentences is in the passive voice?
a)
The chef cooked the meal.
b)
The meal was cooked by the chef.
c)
The chef is cooking the meal.
d)
The meal is being cooked.
50.
Choose the correct word to complete the sentence: "The company will ______ the new policy next quarter."
a)
Implement
b)
Impliment
c)
Impliiment
d)
Implemnt
51.
What is the primary purpose of an introduction in a speech?
a)
To provide evidence
b)
To summarize the main points
c)
To grab the audience's attention
d)
o conclude the speech
52.
Which of the following is a characteristic of effective public speaking?
a)
Speaking quickly and quietly
b)
Using complex vocabulary
c)
Making eye contact with the audience
d)
Reading from a script
53.
What is the term for the process of organizing a speech into a clear structure?
a)
Outlining
b)
Scripting
c)
Rehearsing
d)
Delivery
54.
How can a speaker build credibility with their audience?
a)
By using humor
b)
By providing evidence
c)
By speaking loudly
d)
By using gestures
55.
What is the term for the audience's emotional response to a speech?
a)
Pathos
b)
Ethos
c)
Logos
d)
Rhetoric
56.
Which of the following is an example of a rhetorical device?
a)
Metaphor
b)
Alliteration
c)
Personification
d)
All of the above
57.
How can a speaker use storytelling to engage their audience?
a)
By telling a long, detailed story
b)
By using complex language
c)
By making the story relevant to the audience
d)
By avoiding storytelling altogether
58.
What is the term for the art of using language effectively and persuasively?
a)
Rhetoric
b)
Grammar
c)
Vocabulary
d)
Syntax
59.
Which of the following is a tip for delivering a successful presentation?
a)
Speak quickly and quietly
b)
Make eye contact with the audience
c)
Read from a script
d)
Use complex vocabulary
60.
What is the primary goal of a persuasive speech?
a)
To inform the audience
b)
To entertain the audience
c)
To persuade the audience
d)
To educate the audience
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