Commerce MCQ Questions and Answers

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Q231
Under which Section of Companies’ Act an auditor has a right to participate and to speak in the General Meeting ?
  • A 231
  • B 229
  • C 226
  • D 224
Answer: Option A
Q232
New profit sharing ratio is calculated at the time of-
  • A Admission of a new partner
  • B Retirement of a partner
  • C Death of a partner
  • D All of the above
Answer: Option D
Q233
Control function of management implies-
  • A To bring harmony in various activities
  • B To keep the workforce satisfied
  • C To take corrective course of action
  • D To dictate the subordinates
Answer: Option C
Q234
Coordination function of management aims at-
  • A Providing sufficient personnel
  • B Bringing harmony in various activities
  • C Taking up corrective course of action
  • D All the above
Answer: Option B
Q235
"Authority flows downwards from top to the bottom whereas accountability flows upwards from bottom to top." It is found in-
  • A Scalar chain
  • B Functional organisation
  • C Committee structure
  • D Multivariate Approach
Answer: Option A
Q236
Maslow’s needs hierarchy theory relates to-
  • A Motivation
  • B Leadership
  • C Communication
  • D Directing
Answer: Option A
Q237
M.B.O. is a technique of-
  • A Planning only
  • B Controlling only
  • C Neither planning nor controlling
  • D Both planning and controlling
Answer: Option B
Q238
Henry Fayol is known for-
  • A Scientific Management
  • B Rationalisation
  • C Industrial Psychology
  • D Principles of Management
Answer: Option D
Q239
Unity of command implies having not more than one-
  • A Subordinate
  • B Friend
  • C Boss
  • D Unit
Answer: Option C
Q240
‘x’ and ‘y’ theory of Motivation has been propounded by-
  • A McGregor
  • B Maslow
  • C Ouchi
  • D Herzberg
Answer: Option A

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