Management Archives

1671. Type of exchange members who place buying and selling from public are classified as

A. floor broker

B. roof broker

C. broker of auction

D. leverage investment broker

✅ The correct answer is option A.
Type of exchange members who place buying and selling from public are classified as floor broker. A floor broker (FB) is an independent member of an exchange who is authorized to execute trades on the exchange floor on behalf of clients. A floor broker is a middleman who acts as an agent for clients, indirectly giving them the best access possible to the exchange floor.

1672. Co-ordination between the activities of various departments and individuals working within the organization is known as _________.

A. vertical co-ordination

B. external co-ordination

C. internal co-ordination

D. horizontal co-ordination

✅ The correct answer is option C.
Internal coordination is all about establishing a relationship between all the managers, executives, departments, divisions, branches, and employees or workers. These relationships are established with a view to coordinate the activities of the organization.

1673. Under which of the following authority, an HR manager took the decision to provide training to its employees regarding the operations of newly installed machine?

A. Staff

B. Functional

C. Line

D. Implied

✅ The correct answer is option B.
Under Functional authority, an HR manager took the decision to provide training to its employees regarding the operations of newly installed machine. Functional authority is the right that is delegated to an individual or a department to control specified processes, practices, policies, or other matters in relation to activities undertaken by persons in other departments.

1674. In business letters, Which of the following statement is True(T) or False(F) are given below. 1. Signature is placed above the complimentary close 2. Salutation is written after the address

A. TT

B. FF

C. TF

D. FT

✅ The correct answer is option D.
1. Signature is placed below the complimentary close

2. Salutation is written after the address

1675. Sum of all resources used to generate income is classified as

A. DuPont investment

B. return on investment

C. investment

D. investment turnover

✅ The correct answer is option C.
Sum of all resources used to generate income is classified as investment. An investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.

1676. The main parts of an agenda are and _.

A. Heading

B. Body

C. Both

D. None

✅ The correct answer is option C.
The main parts of an agenda are heading and body.

1677. An effective strategy for note – taking includes an and approach.

A. Inefficient, systematic

B. Inefficient, unsystematic

C. Efficient, unsystematic

D. Efficient, systematic

✅ The correct answer is option D.
An effective strategy for note – taking includes an efficient and systematic approach.

1678. When price of underlying asset increases then good option is

A. buy call option

B. sell call option

C. buy put option

D. sell put option

✅ The correct answer is option A.
When price of underlying asset increases then good option is buy call option. Buying a call option entitles the buyer of the option the right to purchase the underlying futures contract at the strike price any time before the contract expires.

1679. FIFO stands for ______.

A. First Interactive First Out

B. First In First Out

C. First Invented First Out

D. First Interface First Out

✅ The correct answer is option B.
FIFO stands for First In First Out means that the oldest inventory items r recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold.

1680. Variable cost is subtracted from fixed costs to calculate

A. unit income

B. fixed income

C. operating income

D. marginal income

✅ The correct answer is option C.
Variable cost is subtracted from fixed costs to calculate operating income. Operating income is an accounting figure that measures the amount of profit realized from a business’s operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).