Business Management MCQs and Notes
Q. Which one of the following represents an event
✅ Correct Answer: (B)
Concrete cured
Q. A consultant is usually compensated by way of
✅ Correct Answer: (D)
fee
Q. Standing orders contain
✅ Correct Answer: (D)
Service conditions, leave, discipline rules etc., for workers
Q. A rupee received in one year is not equivalent to a rupee received today, because the use of money has a value. This is the principal under
✅ Correct Answer: (C)
Present value method
Q. Scheduling gives information as to
✅ Correct Answer: (A)
when work should begin and how much work should be completed during certain period
Q. Economic development of a country depends more on
✅ Correct Answer: (B)
Capital formation
Q. The annual financial statement of the estimated income and expenditure for the ensuring year is known as
✅ Correct Answer: (C)
budget
Q. A certain community needs Rs. 185090.62 to cover its expenses. If its tax rate is Rs. 1.43 per Rs. 100 of assessed value, what must be the assessed value of its property
✅ Correct Answer: (C)
Rs. 12,943,400
Q. F.W. Taylor introduced a system of working known as
✅ Correct Answer: (C)
Functional organisation