Planning Test

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Planning Test - 35

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Weekly Quiz Competition

Question 1
1 / -0

Identify which of the following statement is correct (right) and which is incorrect (wrong)
I - If done properly control precedes planning.
II - Planning is not required for repetitive or routine matters.
Select the correct answer from the options given below.

A
I - Wrong

II - Wrong

B
I - Wrong

II - Right

C
I - Right

II - Wrong

D
I - Right

II - Right
Question 2
1 / -0

"It all depends on the variables of a situation" best describes the ___________.

A
classical approach

B
human relations approach

C
systems approach

D
contingency approach
Question 3
1 / -0

Control is closely related to the _________ job of the manager.

A
planning

B
discipline

C
order

D
motivation
Question 4
1 / -0

_________ defines a budget as " a financial and/ or quantitative statement prepared prior to a defined period of time of the policy to be pushed during that period for the purpose of attaining a good objective".

A
The Institute of Cost and Works Accountants of India

B
The Institute of Cost and Management Accountants of Singapore

C
The Institute of Cost and Management Accountants of England and Wales

D
The Institute of Cost and Accountants of America
Question 5
1 / -0

Policies are the guide to thinking in ____________.

A
Organizing

B
Decision making

C
Forecasting

D
Motivation
Question 6
1 / -0

In case of decision making, "diagnosing the real problem implies "___________________________.

A
Analyzing the internal and external factors and discovering relations between them.

B
Knowing the gap between what exists and what is expected to happen, identifying the reasons for the gap.

C
Decentralizing routine matters so that top management can concentrate on vital and strategic decisions.

D
Actual selection of a course of action from among a number of alternatives.
Question 7
1 / -0

Which of the following best expresses the difference between programmed and non-programmed decisions?

A
Made by managers who prefer a thinking or technocratic style; made by managers who use judgment and follow intuition

B
Have computer routines developed for them; are not computerized

C
Handled with decision rules; decision rules cannot be developed

D
Occur under certainty or risk; occur under uncertainty or ambiguity
Question 8
1 / -0

Which of the following is not related with 'business plans'?

A
Largely enforced business goals

B
The reasons why they are believed attainable

C
The plan for reaching those goals

D
Changes in perception and branding
Question 9
1 / -0

Identify correct steps in decision making.
I - Identifying the real problem
II - Discovery of alternatives
III - Analysis of available alternatives
IV - Selection of alternatives
V - Communication of decision
Select the correct answer from the options given below.

A
II, IV, I, III, V

B
III, I, II, IV, V

C
I, III, II, IV, V

D
I, II, III, IV, V
Question 10
1 / -0

Which of the following is not benefit of budgetary control?

A
It promotes unity of command and conforms to the scalar principle of organization.

B
Maximum efficiency is achieved by avoiding wastage and losses.

C
Everyone knows what exactly he has to do.

D
All of above

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Re-Attempt Weekly Quiz Competition

Planning Test - 35

Result

Planning Test - 35

Score

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Rank

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SHARING IS CARING

Question 1

I - WrongII - Wrong

I - WrongII - Right

I - RightII - Wrong

I - RightII - Right

Question 2

classical approach

human relations approach

systems approach

contingency approach

Question 3

planning

discipline

order

motivation

Question 4

The Institute of Cost and Works Accountants of India

The Institute of Cost and Management Accountants of Singapore

The Institute of Cost and Management Accountants of England and Wales

The Institute of Cost and Accountants of America

Question 5

Organizing

Decision making

Forecasting

Motivation

Question 6

Analyzing the internal and external factors and discovering relations between them.

Knowing the gap between what exists and what is expected to happen, identifying the reasons for the gap.

Decentralizing routine matters so that top management can concentrate on vital and strategic decisions.

Actual selection of a course of action from among a number of alternatives.

Question 7

Made by managers who prefer a thinking or technocratic style; made by managers who use judgment and follow intuition

Have computer routines developed for them; are not computerized

Handled with decision rules; decision rules cannot be developed

Occur under certainty or risk; occur under uncertainty or ambiguity

Question 8

Largely enforced business goals

The reasons why they are believed attainable

The plan for reaching those goals

Changes in perception and branding

Question 9

II, IV, I, III, V

III, I, II, IV, V

I, III, II, IV, V

I, II, III, IV, V

Question 10

It promotes unity of command and conforms to the scalar principle of organization.

Maximum efficiency is achieved by avoiding wastage and losses.

Everyone knows what exactly he has to do.

All of above

User

Question Analysis

My Perfomance

Score

-

Rank

-

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I - Wrong

II - Wrong

I - Wrong

II - Right

I - Right

II - Wrong

I - Right

II - Right