PGT Commerce Level-3 (HTEТ), Exam 2017

Total Questions: 150

121. Goods purchases from Ram ₹ 10,000 has been posted as ₹ 1,000 to his personal account. With what amount the error will be rectified in the accounts?

Correct Answer: C. ₹ 9,000

122. Calculate current ratio when working capital is ₹ 15,000, total debt is ₹ 32,500 and long-term debt is ₹ 25,000:

Correct Answer: D. 3 : 1

123. Which one of the following is not among the assumptions of the Modigliani-Miller model?

Correct Answer: C. Dividend payout ratio to be 50%

124. According to the 'Boston Consulting Group', a business which has a high growth rate but a weak market share is referred to as a:

Correct Answer: C. 'Question Mark' (?)

125. ________is an elaborate, time consuming practice of having managers justify activities and cost as if they were being undertaken for the first time.

Correct Answer: C. Zero Base Budgeting

126. Calculate harmonic mean of the following data:

10, 15, 20, 25

Correct Answer: В. 15.58

127. The NAFTA is an trilateral agreement between:

Correct Answer: A. Canada, Mexico & The United States

128. Negotiation of labour contract by union and management is referred to as:

Correct Answer: D. Collective Bargaining

129. In the management grid, developed by Blake and Mouton, a manager who has high consideration for production but little concern for people, is known as:

Correct Answer: C. 9.1 Management

130. When we judge someone on the basis of our perception of the group to which he or she belongs, we are using the short cut called:

Correct Answer: D. Stereotyping