PGT Commerce Level-3 (HTEТ), Exam 2014Total Questions: 15091. Ethics may be defined asA. A Code of ManagementB. A Code of MaterialC. A Code of ConductD. A Code of RulesCorrect Answer: C. A Code of Conduct92. A Promissory NoteA. should be trustworthyB. must be acceptedC. must contain an unconditional promise to payD. must be payable at sightCorrect Answer: C. must contain an unconditional promise to pay93. Which is not the element of Business Environment?A. EconomicB. LegalC. PoliticalD. HistoricalCorrect Answer: D. Historical94. The beginning of accounting is said to be fromА. 5000 В.С.В. 3000 В.С.C. 4000 B.C.D. 6000 B.С.E. A, B, CCorrect Answer: E. A, B, C95. 'Depreciation' is a gradual shrinkage in theA. Market value of fixed assetsB. Cost of assetsC. Permanent value of assetsD. Book value of fixed assetsCorrect Answer: D. Book value of fixed assets96. The purpose of cost accounting isA. To ascertain costB. To analyzae profit and lossC. Financial planningD. None of the aboveCorrect Answer: A. To ascertain cost97. Communication is an exchange ofA. InformationsB. FeelingsC. Ideas and OpinionsD. All of the aboveCorrect Answer: D. All of the above98. Delegation of authority involvesA. Assigning of duties to subordinatesB. Controlling the subordinatesC. Inspiring the subordinatesD. None of the aboveCorrect Answer: A. Assigning of duties to subordinates99. Recruitment is aA. Negative ProcessB. Positive ProcessC. Negative as well as Positive ProcessD. None of the aboveCorrect Answer: B. Positive Process100. The two factor theory of motivation was propounded byA. OdonnelB. HerzbergC. TaylorD. VroomCorrect Answer: B. HerzbergSubmit Quiz« Previous123456789101112131415Next »