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December 2009 - Paper 2

1:  

The concept of budget that requires all levels to work from scratch is

A.

Flexible Budget

B.

Total Budget

C.

Master Budget

D.

Zero Base Budget

 
 

Option: D

Explanation :

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2:  

If the sample size increases, the sampling error

A.

Decreases

B.

Increases

C.

Remains constant

D.

None of the above

 
 

Option: A

Explanation :

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3:  

The concept of four P's as elements of marketing mix was given by

A.

Philip Kotler

B.

W. J. Stanton

C.

E. J. McCarthy

D.

Bruce J. Walker

 
 

Option: C

Explanation :

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4:  

Job evaluation is a technique which aims at

A.

Establishing fair and equitable pay structure.

B.

Analysing requirement of updating technology.

C.

Assessing safety requirement of jobs.

D.

Improving productivity.

 
 

Option: D

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5:  

The World Bank is known as

A.

IMF

B.

IDA

C.

IFC

D.

IBRD

 
 

Option: D

Explanation :

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