Classical

Advanced Questions - Section 6

21:  

If the sales are Rs. 6000, variable cost Rs. 3600 and fixed cost Rs. 2000, the Break-even point will be

A.

5000 units

B.

5400 units

C.

6000 units

D.

4000 units

 
 

Option: A

Explanation :


22:  

The lack of faith and confidence of managers in subordinates is an important barrier of

A.

Effective leadership

B.

Effective control

C.

Effective delegation

D.

Effective direction

 
 

Option: C

Explanation :


23:  

Which of the following is a measure of selective credit control?

A.

Bank rate policy

B.

Moral suasion

C.

Statutory cash reserve ratio

D.

Open market operations

 
 

Option: B

Explanation :


24:  

In devising successful reward systems which of the following is not likely to be important?

1. Technology.

2. External and internal labour market.

3. Integration with other HRM practices.

4. The business environment.

5. Focusing upon following the latest fashions and trends.

A.

1

B.

1 and 3

C.

5

D.

1, 3 and 5

 
 

Option: C

Explanation :


25:  

The financial management is concerned with the

A.

Procurement of funds and their effective utilisation

B.

Raising of funds from the market

C.

Management of Working Funds only

D.

Investing funds in the most appropriate assets

 
 

Option: A

Explanation :




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