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ACAMS Practice Questions
Accounting Cycle and Classifying Accounts
Accounting For Managers
Accounting for Merchandising Activities
Accounting for Pensions
Accounting Information Systems
Activity Based Costing
Adjusting Accounts for Financial Statements
Advanced Business Economics
Advertising and Public Relations
Advertising and Sales Promotion
An Overview of International Business
Analysis and Forecasting Techniques
Analyzing and Recording Transactions
Asset Demand and Supply under Uncertainty
Auditing and Attestation
Behavioral and Allied Sciences
Bonds and Long Term Notes Payable
Business Analytics & Technology Management Chapter 2
Business Analytics & Technology Management Chapter 3
Business Analytics & Technology Management Chapter 4
Business Analytics & Technology Management Chapter 5
Business Analytics & Technology Management Chapter 6
Business and Company Law
Business Ethics and Governance
Business Ethics Exam
Business Law Study guide
Business Organisations and Environment
Business organization and systems
Business Process Performance
California Real Estate
Capital Budgeting and Managerial Decisions
Changes in Accounting Principles
Changing Marketing Environment
Consolidated Financial Statements
Corporate and Business Law
Cost Accounting Final exam
Cost Accumulation Systems
Cost Allocation Techniques
Cost and Managerial Accounting
Cost of Capital
Cost Terms and Classifications
Cost Volume Profit Analysis
Currency Exchange Rates
Customer Relationships and Value
CVP Analysis and Marginal Analysis
Debt and Bankruptcy
Decision Makers Household Sector
Demand for Money
Derivative Instruments and Hedging Activities
Dividends, Shares, and Income
Employee Training and Development
Environments of Business
Essence of Management
Ethical and Professional Standards
Ethics and Social Responsibility
Ethics for Management Accountants
External Financial Statements and Revenue Recognition
Federal Securities Acts
Financial and the Nonfinancial Sectors
Financial Decision Making
Financial Intermediaries and Financial Markets
Financial Markets and Securities Offerings
Financial Statements and Accounting Transactions
Flexible Budgets and Standard Costs
Florida Real Estate MCQs
Fundamental Accounting Principles
Global Marketing and World Trade
Governmental Accounting State and Local
Human Resource Management
Human Resource Management HRM
Human Resource Planning
Importance of Business Economics
Insurance and Risk Management
Integrated Marketing Communications and Direct Marketing
Interactive Marketing and Electronic Commerce
Internal Auditing and Systems Controls
Internal Control and Cash
Interpersonal and Organizational Communication
Introduction to Business
Introduction to Human Resource Management
Introduction to Human Resources Assessment
Investment Risk and Portfolio Management
Job Order Costing
Long Term Investment
Long Term Securities
Management and Cost Accounting
Managerial Accounting Concepts and Principles
Managing Organizational Change
Managing Production and Operations
Managing Products and Brands
Market Segmentation Targeting and Positioning
Marketing and Corporate Strategies
Marketing Channels and Wholesaling
Master Budgets and Planning
Mergers and Acquisitions
Money and Banking
Not For Profit Accounting
Organization and Operation of Corporations
Organizational Behavior Essentials
Organizational Markets and Buyer Behaviour
Organizational Structure and Design
Personal Selling and Sales Management
Principles and Practices of Management
Production and Operations Management
Profitability Analysis and Analytical Issues
Profitability Analysis and Decentralization
Property Plant and Equipment
Reporting and Analyzing Cash Flows
Reporting and Analyzing Receivables
Responsibility Accounting and Performance Measures
Risk and Procedures for Control
Service Department Costing
Short Term Financing
Short Term Investment
Standard Costs and Variance Analysis
Statement of Cash Flow
Statement of Comprehensive Income
Statement of Financial Position
Stock Market and Stock Prices
Strategic Marketing Process
Structure of Interest Rates
Supply Chain and Logistics Management
System Analysis and Design
Texas Real Estate
The Management Challenge
Total Quality Management
Understanding Exchange Rates
Understanding Interest Rates
Understanding Interest Rates Determinants
Business Environment MCQs
In which production India has attained self-sufficiency?
Closed economy’ is one in which
Only export takes place
Neither exports nor imports take place
Money supply is fully controlled
Exchange rates are under a full control of the government
The largest share in India’s national income is from
Which of the following countries per capita income is the highest?
Which of the following is not a fundamental right enshrined in the Indian Constitution?
Right to freedom of religion
Right to equality
Right to equal pay for equal work for men as well as women
Right to freedom of thought and expression
Among the supply side measures to control inflation is
Curtailing public expenditure
Mopping up excess liquidity through taxation
Credit control measures of RBI
Maintaining price levels through ’administered price mechanism’ and ’effective PDS’
Which of the following items is not included in a country’s balance of payments?
Interest received from abroad
Import and export duties
Which of the following is the most integrated form of regional economic arrangement?
Free trade area
Multilateral trading area
A situation where a country exports a product at a price below its cost of production.
Full cost pricing
Coca Cola is a good example of a ___________________ MNC (Multinational Corporation).
Which of the following is NOT likely to be a benefit that host countries will obtain from MNCs?
The ability to impose high tax rates on them
Which of the following can be a disadvantage to the host country of MNC investment:
Drives out domestic competitors
Sends profits abroad
Threatens to leave if not "helped".
National Income estimates in India is prepared by
Mixed economy means
Co–existence of small and large industries
Promoting both agriculture and industries in the economy
Co–existence rich and poor
Co–existence of public and private sectors
Black money in India
Raises domestic prices
Encourages lavish consumption
Causes loss of revenue to the exchequer
Effects all of the above
Income tax is an item of
Inflation, in theory occurs
When prices of essential commodities outstrip income
When money supply grows at a higher rate than GDP in real terms
When exchange rate of domestic currency falls in foreign exchange markets
When fiscal deficit exceeds balance of payments deficit.
The objective of case-study is
All of the above
Which of the following regulates the working of stock markets in India?
Ministry of Finance
Find the odd one out
The main watchdog of international trade is
Who is the Chairman of NDC?
Lok Sabha Speaker
Minister of Planning
India is not a member of
Inflation with recession
Recession and stagnation
Inflation galloping like a stag
Inflation and increasing output
Level playing field argument of industries requires
MNCs to be stopped from investing in India
License to MNCs be given only in environment-friendly technologies
MNCs to be treated at par with the domestic industry
Domestic industry to be given preference over MNCs.
Which two of the following are the most likely effects of the imposition of a tariff on an imported good? a. The domestic price of the imported goo...
(c) and (d)
(a) and (c)
(d) and (e)
(b) and (d)
Which two of the following arguments are most likely to be used to justify protectionism? a. To protect high cost domestic industries b. To protec...
(d) and (e)
(a) and (b)
(c) and (d)
(b) and (c)
A protectionist measure whereby members of a regional trading bloc agree to impose an identical rate of protection on all goods imported from non-memb...
Common quota arrangements
Technological standards control
A situation where any advantage given by one member of the WTO to another member must be extended to all WTO members.
The excessive invoicing principle
The intra-regional principle
The trade diversion principle
The most favoured nation principle
MNCs are in a good position to vary their strategies in different phases of the product life cycle. For instance in the ______________ phase(s) they w...
decline, maintain high prices
launch, move production to low-cost countries
growth and maturity, move production to low-cost countries
growth, maintain high prices
When MNCs reduce their tax bill in different host countries this is usually done by a technique called:
Banking sector will fall under which of the following sectors?
The Plan Holiday refers to the period
The New Economic Policy launched in 1991 consist of i. Stabilization policy ii. Import control policy iii. Deficit financing iv. Structural adju...
i, iii. and iv.
ii. and iv.
i. and iv
An MNC (multinational company or corporation) can be defined as a firm which:
Is beyond the control of any government.
Is one of the largest 200 firms in the world?
Operates directly or owns subsidiaries in more than one country
All of the above
Which two of the following are regarded as the main aims of the World Trade Organisation (WTO)? i. To eliminate discrimination in world trade ii. ...
(b) and (d)
(a) and (c)
(d) and (e)
(b) and (d)
In a flexible exchange-rate system, an increase in the domestic interest rate would tend to
Improve the current account and worsen the capital account
Improve the capital account and worsen the current account.
Improve both the current and the capital accounts.
Worsen both the accounts.
Parliamentary form of government
Presidential form of government
Both parliamentary and presidential form of government
None of these
The President of India is elected by
Parliament (i.e. both the Lok Sabha and the Rajya Sabha)
By an Electoral College comprising of the elected members of the Lok Sabha, the Rajya Sabha and the State Legislatures.
Together by the Central and the State governments
By the people directly
VAT is imposed
Directly on consumer
On final stage of production
On first stage of production
On all stages of production up to the final sale
Business comprises all ______________ seeking activities and enterprises that provides goods and services necessary to an economic system.
None of these.
______________ are the directives to the various government and non government agencies and are fundamental in the governance of the country.
The main objective of society and business is ______________.
economic and social objective.
Developments banks are otherwise called as______________.
Self fulfillment and immediate gratification _______________ cultural values.
_______________ change is a potent form for the reconfiguration of industrial boundaries.
____________________________ state can have an elected or hereditary head.
None of the above.
Business environments is encompassed as the climate or set of condition, Economics, social (or) institutional in which business _______________ are co...
Todays business is not characterized by ____________________________.
Competition is beneficial to the competing firms besides benefiting the ______________.
Goals realization continuously will lead to ______________?
Micro environment is also known as _______________.
Political environments refers to the influence exerted by the ______________ political institutions?
______________ plays the watch dog in order to ensure that both function in public interest and within the boundaries of constitution.
None of the above.
______________ stresses the negative consequences of failure to study the environment
None of the above.
______________ involves a degree of purposefulness by manager as he receives information inputs.
_______________ stresses the philosophy of individualism believing in private ownership.
In communism the _______________ determines ones employer and employment.
Governments policy towards industries is called as ______________.
One of the objectives of licensing is to protect ______________ industries against competition of large scale industries.
The institutionalization involves in _______________ steps.
The techniques of privatization are contract ______________ and concession.
A stock exchange is a market where securities are ________________.
bought and sold.
none of the above.
______________ include knowledge, belief, moral and customs acquired by an individual as a Member of a society.
One spirit of collectivism and individualism is related to ______________ aspects as employee morale.
Ackermans model is one of the ______________ responsibility models.
______________________________ is the position taken by companies that meet their social responsibilities as directed by the law.
Technology reaches people through business by different _______________.
The basic objective of the technology policy will be development of indigenous technology and adaptation of imported technology appropriate to _______...
______________ is a statement which derives the role that an organization plays in a society.
______________ stresses the philosophy of individualism believing in private ownership of all agents of production.
What is the main occupation of Kshatriyas?
Engaged in cleaning.
Engaged in trade.
Engaged in army work.
Engaged in ruling.
Reserve Bank of India introduced certificates of deposit in ______________.
Ackermans model is _______________ model.
Obsolescence means ________________ of products.
none of the above.
The _______________ diversification refers to the process of adding new, but related products or services.
______________ is a primary mechanism for motivating business activities.
The ________________ is that part of the enacted environment which the organisation carves out for itself.
Profit making is the _______________ goal of any business enterprise?
Macro environment consist of ______________ environment.
political and legal.
A ________________ contract is where the company contracts with a foreign entity to design and build an entire operation.
Is a stable and dynamic political environment is indispensable for _______________ growth?
The entry barrier refers to the ease with which firms can enter an industry?
_____________ refers to the managers exposure and perception of information that has no specific purpose.
Marxism ________________ was followed in Russia and China.
One of the long term objectives of the five year plan is ______________ of wealth and income.
One of the objectives of industrial policy is to accelerate the rate of economic Growth and speed up _______________.
The legislative frame work for industrial licensing is provided by the ______________ development and Regulation act.
There are ______________ sins of privatization.
Seed margin money scheme objective is to _______________.
reduce the incidence of sick units.
reduce the power cut.
reduce the loss.
increases the profit.
A ______________ is speculation who buys shares for selling them for higher price.
Culture tends to put a _______________ stamp upon them.
Women now enjoy equal status with men in their education and ______________.
______________ is the position taken by the companies which believe in deep obligation to serve the society.
Customers the element of BE comes under the category of _______________.
micro environment internal.
none of the above.
Monitoring in environment analysis involves tracking of environment trends, sequence of events of _______________.
Fundamental rights are ______________ in character.
Enormous spending on ______________ resulted in the fast development and change in terminology.
R and D.
D and R.
P and R.
The sick industrial companies act was passed by _______________
The type of environment in which the resources are distributed in a random way,
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