Tag: business studies

Quizzes (322) Questions (660)

Questions Related to business studies

Multiple choice memorandum of understanding and articles of association company business studies

As per section 141(4) of the Companies Act, 2013 where person appointed as an auditor of a company incurs any of the disqualifications mentioned in section 141(3) after his appointment, he_________his office has such auditor and such vacation shall be deemed to be a _________in the office.

  1. may vacate; casual vacancy

  2. may vacate;ordinary vacancy

  3. shall vacate;casual vacancy

  4. shall vacate;special vacancy
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under Section 141(4) of the Companies Act, 2013, if an auditor incurs a disqualification after appointment, they are legally required to vacate their office. This resulting vacancy is legally defined as a casual vacancy.

Multiple choice memorandum of understanding and articles of association company business studies

An auditor may function as___________
      (I) An employee
      (II) an independent professional
The correct answer is-

  1. (I) only

  2. (II) only

  3. (I) or (II)

  4. Neither (I) nor (II)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

An auditor can be an employee of a company (internal auditor) or an independent professional (statutory auditor). Both roles are recognized in different capacities within business structures.

Multiple choice memorandum of understanding and articles of association company business studies

Match the pairs.

List I List II
(i) ictus reus (1) the grounds of decision
(ii) obiter dictum (2) A guilty mind
(iii) ratio decidendi (3) Guilty act
(iv) mens rea  (4) An opinion of law not necessary to the decision
(5) Signifies a right to be heard

  1. (i)-2, (ii)- 5, (iii)- 1, (iv) - 3

  2. (i)-3, (ii)- 1, (iii)- 4, (iv) - 2

  3. (i)-3, (ii)- 4, (iii)- 1, (iv) - 2

  4. (i)-4, (ii)- 5, (iii)- 2, (iv) - 3
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The correct matches are: (i) ictus reus is the guilty act (3), (ii) obiter dictum is an opinion not necessary to the decision (4), (iii) ratio decidendi is the grounds of decision (1), and (iv) mens rea is a guilty mind (2).

Multiple choice business studies office introduction to office organising functions of management

Which of the following action is recommended for overcoming to resistance to change?

  1. All the major changes should be introduced at a one time.

  2. Changes should be introduced as surprise so that employees should not get any time for resistance.

  3. Changes should be introduced by stages

  4. All of above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Introducing changes in stages allows employees time to adjust, reduces the shock of the transition, and provides opportunities for feedback, which helps mitigate resistance.

Multiple choice functional area of management financial management nature and significance of management organisation of commerce and management business studies

Companies with higher growth potential are likely to ______________.

  1. pay lower dividends

  2. Pay higher dividends

  3. Dividends are not affected by growth consideration

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Generally a company with higher growth paternal are likely to pay lower dividends. This is because the companies wants to invest that money in earning higher income and growing at a higher rate which is in the benefit for the long term rather than paying dividend which will only benefit the company for a short term.

Multiple choice functional area of management financial management nature and significance of management organisation of commerce and management business studies

A decision to acquire a new and modern plant to upgrade an old one is a______________.

  1. Financing decision

  2. Working capital decision

  3. Investment decision

  4. Dividend decision
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
Investment Decision:
Investment decisions includes investment in fixed assets (called as capital budgeting). Investment in current assets are also a part of investment decisions called as working capital decisions.
It includes Decisions relating to the disposal and acquiring and upgrading new assets.
Multiple choice functional area of management financial management nature and significance of management organisation of commerce and management business studies

Higher dividends per share is associated with  ______________.

  1. High Earning, High Cash Flows, Unusable Earnings and Growth Opportunities

  2. High Earning, High Cash Flows, Stable Earnings and Growth Opportunities

  3. High Earning, High Cash Flows, Stable Earnings and Lower Growth Opportunities

  4. High Earning, Low Cash Flows, Stable Earnings and Lower Growth Opportunities
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

There are two primary causes for increases in a company’s dividend per share payout.

 The first is simply an increase in the company's net profits out of which dividends are paid. 
The second is a shift in the company’s growth strategy that leads the company to decide to expend less of its earnings in seeking growth and expansion, thus leaving a larger share of profits available to be returned to equity investors in the form of dividends.