Relative deficiency or superiority is important information in performing which activity?

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A. External audit
B. Allocating resources
C. Internal audit
D. Evaluating strategies
✅ The correct answer is option C.
Relative deficiency or superiority is important information in performing Internal audit. Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. They ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.

Money market where securities are issued by governments to obtain funds for short term is classified as

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A. money market instruments
B. capital market instruments
C. counter instruments
D. long term instruments
✅ The correct answer is option A.
Money market where securities are issued by governments to obtain funds for short term is classified as money market instruments. There are several money market instruments in most Western countries, including treasury bills, commercial paper, bankers’ acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities.

During the lay off period, the employer has to pay ____ of the basic wages.

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A. One fourth
B. Half
C. Three fourth
D. One third
✅ The correct answer is option B.
During the lay off period, the employer has to pay half of the basic wages. A layoff is an involuntary separation between an employer and an employee that occurs through no fault of the employee.

Financial intermediaries offering savings plans to individuals and funds are exempted from taxation are considered as

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A. trading funds
B. penalty funds
C. pension funds
D. global funds
✅ The correct answer is option C.
Financial intermediaries offering savings plans to individuals and funds are exempted from taxation are considered as pension funds. Pension funds are investment pools that pay for employee retirement commitments. Funds are paid for by either employees, employers, or both. Corporations and all levels of government provide pensions. The fund managers invest these contributions conservatively.

The HR policy which is based on the philosophy of the utmost good for the greatest number of people is covered under the

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A. utilitarian approach
B. approach based on rights
C. approach based on justice
D. configurational approach
✅ The correct answer is option A.
The HR policy which is based on the philosophy of the utmost good for the greatest number of people is covered under the utilitarian approach. According to this rule, an individual is responsible for, and concerned with, the well-being and happiness of others. The golden rule holds that ethical individuals are those who avoid causing harm and seek ways to help others.

Type of market in which securities with less than one year maturity are traded is classified as

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A. money market
B. capital market
C. transaction market
D. global market
✅ The correct answer is option A.
Type of market in which securities with less than one year maturity are traded is classified as money market. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.

Ansoff’s growth vector matrix is used for

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A. analyzing the different strategic directions an organization can pursue
B. analyzing the balance of the portfolio
C. assessing whether the corporate parent is adding value
D. assessing the market share of a business
✅ The correct answer is option A.
Ansoff’s growth vector matrix is used for analyzing the different strategic directions an organization can pursue. The Ansoff Matrix, also called the Product/Market Expansion Grid, is a tool used by firms to analyze and plan their strategies for growth.

Which of the following is not a factor in the positioning of an organization in an industry?

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A. Competitive advantage
B. Rate of growth
C. Market share
D. Size
✅ The correct answer is option B.
Rate of growth is not a factor in the positioning of an organization in an industry. A process through which the structure of a multigent system organization increases the number of its roles and links. Organizational growth is essentially a quantitative process.