CS625 Quiz 2 by Tanveer Online Academy

CS625 Quiz 2 File by Tanveer Online Academy · A company which can sell its shares to public is called · public company

Iterative The Ope employees are revenue earning e onsible for:

Revenue Earning Operations The Technical Director of a Company is not responsible for:

Revenue Earning Operations ______________ensures that all projects are completed satisfactorily. Operations Director Accounting normally operates on ________ basis.

Accrual

A ___________ company cannot sell its shares to public.

Private Which of the following functional unit of an organization pays bills

and look after the funds of the organization?

Finance and Administration Which of the following is a feature of Grants?

back

All of the given employees are revenue earning employees except

Accountant

________________ are responsible for the long-term strategy of the

organization.

Corporate Managers The best definition of a sole trader form of business organization is:

The business is owned by one person

A company in which shareholders are personally liable for all the

company’s debts is called a(n)______________.

unlimited company Incorporation is a process through which organizations are given

legal existence

When two or more people are carrying on business together, the law

will treat them as a ______________.

Partnership

Operations director in Syniad Software company is responsible for all

of the following except _____________________. research and development The real challenge is to shift ________ attitudes from mere compliance with rules at work to commitment and self-motivation.

Employee

A corresponding commitment to the organization is expected from

Employees

Which of the following is not a feature of Loans?

back

The bank specifies the maximum amount that can be borrowed on

________ but interest is only payable on the amount actually owed.

Overdraft

The complete "Health and Safety Act" was approved in

1974

Iterative Which of the following is a source of funds?

Loans

It is teams, not ______, who complete projects.

Individuals Around ______ employees each year still die as a result of accidents at

work.

No organization can be successful for any length of time unless its

________ are soundly managed.

Finances

Team working is a vital element of __________.

Self- management Computing companies find that IT graduates often lack transferable

or ____________.

People handling

Which document contains the amount of cash expected to be received

and disbursed in each of the next twelve months.