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Fundamentals of Business Activities Test 7

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Fundamentals of Business Activities Test 7
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  • Question 1
    1 / -0
    Every business organization needs a secretary having a knowledge of recording ____________ transactions.
    Solution
    Every business organisation needs a secretary having a knowledge of recording financial transaction as financial transaction are the main part of any organisation.
  • Question 2
    1 / -0
    The primary qualification required for a secretary of a government department is _____ . 
    Solution
    The primary qualification required for a secretary of a government department is I.A.S. ( Indian Administrative Service).
  • Question 3
    1 / -0
    A personal secretary is also called a ______.
    Solution
    A personal secretary is also known as personal assistant and their main duty is to follow the orders of their ultimate superior and perform according to the standards set by their superiors. 
  • Question 4
    1 / -0
    A secretary of Government departments of the state is appointed by the ______ . 
  • Question 5
    1 / -0
    A secretary of a co-operative society is appointed by the _____. 
    Solution
    The managing committee of every cooperative society appoints a secretary to administer the society on their behalf.
  • Question 6
    1 / -0
    A secretary is the custodian of ______ information. 
    Solution
    A secretary is a custodian of secret, confidential and important information of his organization. Since he is closely connected with a top management, he participates in the decision making, policy framing, planning etc. All such important decisions regarding business activities are required to be maintained at top confidential. A secretary keeps all such confidential decisions and executes them at a right time
  • Question 7
    1 / -0
    The functions of a secretary depend on ______ . 
    Solution
    The function of secretary depend on the nature of the organisation, different organisations have different works and requirements which changes the functions of a secretary.
  • Question 8
    1 / -0
    A __________ secretary is the oldest type of secretary.
    Solution
    A personal secretary is the oldest type of secretary as old as human civilization
  • Question 9
    1 / -0
    Select the correct option given below:
    Auditor is appointed in_______ .
    Solution
    After the incorporation of a company in its first annual general meeting an auditor must be appointed by the board of directors. The appointment of the first auditor must be completed by the board of directors within 30 days of incorporation. In case the directors fail to appoint an auditor the members must be informed. The members will then be required to appoint an auditor within 90 days at an extraordinary general meeting. 
  • Question 10
    1 / -0
    Registrar of Companies is appointed by _________.
    Solution
    The Central Government may appoint registrars as it considers necessary for the registration of companies and discharge of various functions under the Company Act, 2013 and the powers and duties may be exercisable as may be prescribed.
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