Fundamentals Areas of Business Test 15

Result

Fundamentals Areas of Business Test 15

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Weekly Quiz Competition

Question 1
1 / -0

For monitoring the employees in an enterprise the HRM can do __________.

A
career plannng

B
sales forecast

C
developing cordial relations

D
both a & c
Question 2
1 / -0

Importance of personnel is in ________.

A
HRM

B
Personnel Management

C
both a & b

D
none of the above
Question 3
1 / -0

Which of the following groups/ parties are interested in the accounting information of the business?

A
Proprietors or owners

B
Creditors

C
Tax authorities

D
All of these

Solution

There are various stakeholders in the business who want to know about the business progress and financial position of the business.
Owner of the business is interested to know the profitability and business growth.
Creditors are more interested to know the financial position of the concern. Whether the firm will be able to repay their debt on time.
Tax Authorities are interested to know that the concern is maintaining the books of account properly and due taxes are paid on time.
Question 4
1 / -0

The operative function of a Human Resource manager means _________.

A
those tasks or duties which are specifically entrusted to the HR department under the general supervision of HR manager

B
those tasks that are the function of strategic planning and organisation in relation to HR department

C
specialized work that requires special attention

D
advising the managers in their personal matters

Solution

The operative functions of a Human Resource Manager are those tasks and duties which are specifically entrusted to the HR Manager. The following are the Operative Functions of Human Resource Management.
1. Employment of Personnel
2. Development of Personnel
3. Compensation to Personnel
4. Maintaining Good Industrial Relation
5. Record Keeping
6. Personnel Planning and Evaluation
Question 5
1 / -0

Which department deals with the issue related to the absentism?

A
Production

B
Sales

C
Marketing

D
HRM.

Solution

They are required to maintain the records of the employee, their training records, transfer, promotion and various other records related to the employees including absentism.
Question 6
1 / -0

Which department deals with the issue related to the absenteeism?

A
HRM

B
Sales

C
Marketing

D
Producton

Solution

They are required to maintain the records of the employee, their training records, transfer, promotion and various other records related to the employees including absenteeism.
Question 7
1 / -0

___________ is a process of bringing people and organizations together so that the goals of each are met.

A
Financial Resource Management

B
Human Resource Management

C
Material Management

D
Human Resource Institution
Question 8
1 / -0

Which of the following are users of accounting information?

A
Creditors

B
Lenders

C
Customers

D
All of the above

Solution

There are various stake holders who want to know about the business. There are internal and external stakeholders.

Internal stakeholders are investor and management who wants to know about the business performance.

External stakeholders are creditors, lenders and customers. Customers want to know about the growth of the organization and various new products whereas creditors and lenders are more interested to know about the financial position of the organization in reference to the security of their money.
Question 9
1 / -0

Which of these is not an operative function of Human Resource Manager?

A
Top Level Managment

B
Employment

C
Compensation

D
Development

Solution

The following are the Operative Functions of Human Resource Management
1. Employment of Personnel
2. Development of Personnel
3. Compensation to Personnel
4. Maintaining Good Industrial Relation
5. Record Keeping
6. Personnel Planning and Evaluation
Hence, option (A) is the correct answer.
Question 10
1 / -0

Which of the following American company fall under the network marketing umbrella?
1. Ducati
2. Coca cola
3. Amway
Select the correct answer from the options given below.

A
1 & 3

B
2 only

C
3 only

D
All of above

User

Question Analysis

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Re-Attempt Weekly Quiz Competition

Fundamentals Areas of Business Test 15

Result

Fundamentals Areas of Business Test 15

Score

-

Rank

-

SHARING IS CARING

Question 1

career plannng

sales forecast

developing cordial relations

both a & c

Question 2

HRM

Personnel Management

both a & b

none of the above

Question 3

Proprietors or owners

Creditors

Tax authorities

All of these

Solution

Question 4

those tasks or duties which are specifically entrusted to the HR department under the general supervision of HR manager

those tasks that are the function of strategic planning and organisation in relation to HR department

specialized work that requires special attention

advising the managers in their personal matters

Solution

Question 5

Production

Sales

Marketing

HRM.

Solution

Question 6

HRM

Sales

Marketing

Producton

Solution

Question 7

Financial Resource Management

Human Resource Management

Material Management

Human Resource Institution

Question 8

Creditors

Lenders

Customers

All of the above

Solution

Question 9

Top Level Managment

Employment

Compensation

Development

Solution

Question 10

1 & 3

2 only

3 only

All of above

User

Question Analysis

My Perfomance

Score

-

Rank

-

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