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1
Choose what is at the heart of business network?
Communication
Products
Services
Products and Services
2
Choosing media would depend upon?
Person specific
Familiarity with Media
Need of Situation
Cheap
3
Humans act in their
Self interest
Comfort zone
Free Time
Personal life
4
Identify from where basic knowledge about technical tools can be learnt?
Manuals
Sales Brochure
Quality Certificate
Warranty Card
5
Select what the media mix includes
Text, Words, Voice
Words, Pictures, Voice
Text, Pictures, Voice
Text, Words, Pictures, Voice
6
Choose one of the factors used to select a media tool
Time and Tool availability
Technical Knowledge
Technical Experience
Discover
7
The reading should be loud and?
Inaudible
Easy to hear
Clear
Audible
8
Choose one of the pre-consideration for organizing meeting.
Participants
Venue
Agenda
Serving purpose
9
What is to be prepared before giving advertisement or start interviewing?
Job Description
Organization Chart
List of Vacancy
Listing in stock market
10
Choose what a correspondence can be supported with
Graphs, Charts, Pictures
Graphs, Pictures
Charts, Graphs
Pictures, Charts
11
To address a letter, salutation include
Dear Sir,
Sir,
Dear,
Jack
12
The business correspondence has to write something about its
Organization
Policy
Products
Services
13
What are pre-determined conversations?
Consultation
Examinations
Exchange
Discussions
14
Which of the mentioned is an example of picture communication.
Video
Vlogs
Wall Painting
Blogs
15
. . . . . . . . . Is a term used by Microsoft to indicate a readymade format developed by wise men.
Developer
Engineer
Wizard
Scientist
16
In one to many type of communication, instead of looking in the eyes of an individual, we look for group ………
Reflex
Failure
Reaction
Cause
17
Now communication through printing media has beomce one of ……. tasks with almost in all types of businesses.
Routine
Office
Factory
Company
18
Habits of writing points even if you do not need them, is a good …………. for many reasons.
Habit
Fashion
Style
Pattern
19
…………….. hand outs before meet begins so that they can add their jottings instead of note pads.
Distribute
Circulate
Pass On
Print
20
The idea of accepting ……………. …………. in so subjective that one has to have relations with the newspaper concerned.
Media Briefing
Press Release
Press Conference
Personal Interview
21
Very large portion of office communication arises out of ………
Ignorance of policies
Office Friendship
Familiarity of media
Self Interest
22
In the times of …………. you assume someone elses responsibility for the same organization.
Difficulty
Simplicity
Routine
Complexity
23
One of the objective of communication is communication should be clear and brief..
True
False
24
The mother tongue and language of business must be the same.
True
False
25
In barriers, most of the barriers are through human handling and one has to try to change human handling.
True
False
26
In case of communication with service providers, once the initial services are contracted for rest of the communication becomes routine.
True
False
27
All advertising, publicity, packaging is aimed at brand image.
True
False
28
Generally, Secreatry is said to be a conductor of meeting and its procedures.
True
False
29
Whatever information you have promised should not be delivered in time.
True
False
30
One should not be careful in giving out information.
True
False
Assignment: 2
Instructions:
Number of Questions: 3
Each question carries 5 Mark
Attempt Any Two Questions.
Attempts: 1
1
Communication requires knowledge, skills and values, Identify the skills required for developing language and make use of the variety of communication tools to build the network of communication.
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2
Use of media by bringing together text, voice and pictures with spectrum of media tools made available through development in technology plan a communication strategy for the Marketing event. Identify the need for understanding business Communication.
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3
Summarize Organizational Communication. Plan prominent uses are sales literature, stationery items, directive signs, photographs, part lists, manuals, animation, films all using picture communication for Organizational Communication.
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1
Which year the term management accounting was first coined in
1950 1950
1945
1955
1960
2
_________________ as those rules of action or conduct which are adopted by the accountants universally while recording accounting transactions.
Accounting Principles Accounting Principles
Accounting Conventions
Both
Accounting Practice
3
Why are goods sold on credit
Assets increase Assets increase
Assets decrease
One asset increase and other asset decrease
Increse in Sales
4
As per

companys Act 1956 all companies must maintain their accounts on basis of :
Accrual method
Accrual and Double entry Accrual and Double entry
Double entry
Single entry
5
Which of the following cost is also known as overhead cost or on cost:
Cost of direct labour
Cost of indirect labour
Direct expenses
Indirect expenses Indirect expenses
6
ABC analysis is used in
CPM
PERT
Inventory control Inventory control
Receiveables management
7
Which of the following is a conventional method of ascertaining cost?
Absorption costing
Full Costing Both a & b
Both a & b
Contract costing
8
What does the term contribution refers to
The difference between selling price and fixed cost
The difference between selling price and variable cost
loss
Profit Profit
9
What is the primary purpose of using a standard cost system is
to make things easier for managers in the production facility.
to provide a distinct measure of cost control. to provide a distinct measure of cost control.
to minimize the cost per unit of production.
b and c are correct.
10
What is a budget is a plan of action expressed in…
Financial terms
Non‐financial terms Both
Both
Subjective matter
11
Name the use of management accounting is
Optional Optional
Compulsory
Legally obligatory
Compulsory to some and optional to others
12
Choose the option where will the entry :Furniture purchased by cheque
One asset increase
One asset increase and other asset decrease
Income of Co.
Expenses of Co.
13
Relate how ABC analysis divides an organizations on-hand inventory into three classes based upon
annual dollar volume. annual dollar volume.
the number of units on hand.
unit price.
annual demand.
14
What does the standard cost card contains quantities and costs for
direct material only.
direct labor only.
direct material and direct labor only. direct material, direct labor, and overhead.
direct material, direct labor, and overhead.
15
A man who is involved in the process of book keeping and accounting is called a/an ……………………………………
Accountant
Finance Manager
Data entry operator
Finance head
16
_____Accounting concepts_________________ are broad general assumptions which underline the periodic financial statements of business enterprises.
Accounting concepts
Accounting Conventions
Accounting Principles
Accounting Practice
17
______________________ is a common base for preparing a trial balance
Ledger accounts
General Journal
Specialized Journal
Balance Sheet
18
All costs are classified under _Three_____ segments under absorption costing.
Five
Six
Four
Three
19
.___Margin of safety_______ indicates the extent of which the sales can be reduced without resulting in loss.
BEP
Key factor
Contribution
Margin of safety
20
The standard predominantly used in Western cultures for motivational purposes is a(n) ____practical_________________ standard.
expected annual
ideal
practical
theoretical
21
For segment reporting segment should be identified on basis of ————— ——-and ————————————————————.
Risks and Returns Risks and Returns
Investment and return
Capital invested and risk
Profit and Loss
22
All factory costs are treated as _________ while all administration costs are treated as ___________.
Product costs, Period costs Product costs, Period costs
Period Costs, Product costs
Fixed costs, Period costs
Period costs, fixed costs
23
Format of management accounting reports is tailor made as per requirements of management.
True
False
24
Accounting equation may not hold for every transaction
True
False
25
Auditors Report is a part of Annual Report
True
False
26
Resource sacrificed or forgone to achieve specific objective is called as Cost
True
False
27
Pricing of issue of materials is closely connected with the actual physical movements of units of material.
True
False
28
Allocation means charging overheads to particular product, process, or activity.
True
False
29
Specifications for materials are compiled on a bill of materials.
True
False
30
Financial Accounting is governed by statutory framework.
True True
False
Assignment: 2
Instructions:
Number of Questions: 3
Each question carries 5 Mark
Attempt Any Two Questions.
Attempts: 1
1
Identify the contradictory areas of interest in between management accounting and financial accounting.
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2
Standard costing is a tool, which replaces the bottleneck of the historical costing. Provide some suggestions to support the above statement.
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which is good qualitative problem statement:
Defines the independent and dependent variables
Conveys a sense of emerging design
Specifies a research hypothesis to be tested
Specifies the relationship between variables that the researcher expects to find
2
choose Sources of researchable problems which can include:
Researchersâ€