MGT211 Updated Quiz

MGT211 · Updated quiz 1 2021 · We’re DaviD Worriors

1. Sole proprietorship always enjoys

100% of profit tax

2. A document that contains rules and regulations of the company. Articles of association
3. Which of the following have powers of decision making in joint stock company? Board of orders
4. _________ is no liable for the debt of the partnership business
5. Which of the following is held only once in the life of a public company? Statuary Meeting

Q6. It is difficult to transfer the rights of ownership in?

7. Which one of the following is Not a type of business organization Cooperative societies
8. Effective interest rate is different from nominal rate of interest because
9. Balance sheet of a company reflects

Organizations a financial health at a specific point of time

Q10. Which of the following are known as Discretionary financing?

Long term liabilities

Q11. Identify, what can be the biggest advantage of a small partnership over a sole proprietorship?

Liability is unlimited

Q12. Which of the following technique is used to select different investment options so as to reduce risk of losing the invested money?

Diversification

13. Which of the following can be categorized as opportunity for an organization? Good product development

Q14. Which of the following item is used to estimate the cash flows while employing percentage of sales of method?

Sales of revenue

Q15. Which of the following is an example of genetic industry?

Poultry form

Q16. Which of the following is not an example of non_ profit making organization?

17. All of the following can be the advantage of the franchise business. Except Independency of business

Q18. Statutory meeting is held by which of the following companies?

19. Two or more organizations combine together and form a new organization. Merger

Q20. In which type of business, there is easiest dissolution?

Q21. When international trade restricts due to safety, which one of the following barriers exists?

Laws

22. Which of the following is NOT an attribute of sale proprietorship business? Profit sharing

Q23. Which is the first stage in the formation of Joint Stock Company?

Q24. Which is the first stage in the formation of Joint Stock Company?

25. Which is the first stage in the formation of Joint Stock Company? Commencement stage

Q26. Which is the first stage in the formation of Joint Stock Company?

Capital subscription stage

Q27. Which of the following is a new trend in which two or more organizations combine together and form a new organization?

Merger

28. Business benefits the people by providing them.

Large number of services

29. Statutory report must be send to the shareholder before meeting that is certified by at least.

3 directors including CEO

Q30. _______________________describes the government payments given to certain industries to help offset some of their costs of production?

Subsides

31. Profit distributed among shareholders is called_____________ Dividend
32. ______________ generally has unlimited liability.

The owner of a sole proprietorship

33. The term ‘tariff’ as used in international trade, refers to

A tax on imports

34. A market survey is important because it tells you.