Management MCQs

E-recruiting methods include

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A. Internet job boards
B. Career websites
C. Employer websites
D. All of the above
✅ The correct answer is option D.
E-recruitment includes those practices and activities carried on by the organisation through internet with the primary purpose of identifying and attracting potential employees. The growth in the internet has led both employers and employees to use internet recruiting tools. Of the many recruiting sites using special software, the most common ones are internet job boards, professional / career websites and employer websites.

Loans for education and medical is classified as loans for

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A. equilibrium goods
B. non-equilibrium goods
C. durable goods
D. non-durable goods
✅ The correct answer is option D.
Loans for education and medical is classified as loans for non-durable goods. Nondurable goods are products that are consumed or are only useable for a short period of time because they wear out or become useless. An example of nondurable goods are fresh vegetables.

Determined price at which company expects to pay for every single unit is called

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A. standard price
B. input price
C. actual input
D. output price
✅ The correct answer is option A.
Determined price at which company expects to pay for every single unit is called standard price. Standard price is the pre-established uniform price for a good or service, based on its historical price, replacement cost, or an analysis of its competitive position in the market.

Placement of financial issue in which investment bank and municipality together finds large buyers is classified as

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A. reserve placement
B. federal placement
C. private placement
D. government placement
✅ The correct answer is option C.
Placement of financial issue in which investment bank and municipality together finds large buyers is classified as private placement. Raising adequate capital is integral to building and growing a business, and companies usually go the initial public offering (IPO) route. An alternative is the capital raising event known as a private placement.

To improve attractiveness for investors, bonds are partially backed by

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A. US.T-Bonds
B. UK-T-Bonds
C. UK-B-bonds
D. US-B-Bonds
✅ The correct answer is option A.
To improve attractiveness for investors, bonds are partially backed by US.T-Bonds. United States Treasury securities are government debt instruments issued by the United States Department of the Treasury to finance government spending as an alternative to taxation. Treasury securities are often referred to simply as Treasurys.

FIFO stands for ______.

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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.

Variable cost is subtracted from fixed costs to calculate

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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).

Costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as

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A. constant costing
B. standard costing
C. unit costing
D. batch costing
✅ The correct answer is option B.
Costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as standard costing. Standard costing is the practice of substituting an expected cost for an actual cost in the accounting records. Subsequently, variances are recorded to show the difference between the expected and actual costs.

An example of a corporate strategy would involve the decision to:

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A. increase the price of the Hummer
B. spin Taco Bell off from Pepsi
C. combine marketing functions in the Northeast and the Southeast
D. increase the advertising budget for Coca-Cola
✅ The correct answer is option B.
An example of a corporate strategy would involve the decision to spin Taco Bell off from Pepsi.