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MBA Management Certification MCQs – Mock Test 31

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MCQ 151: Creating a flow chart would be a useful method to make sure the activities are smoothly running as planned. A flow chart can be defined as a:

  1. Chart paper showing all the things to be used in the process
  2. Detailed diagram showing all the steps and materials used
  3. Diagram showing the resources used and the salaries of the staff
  4. Graphical representation

MCQ 152: Assets are the revenue generators in a company. Amount received from selling an asset is an example of:

  1. Asset cost
  2. Cash inflows
  3. Cash outflows
  4. Cash reserves

MCQ 153: Current assets are the life blood in an organization. Current asset means:

  1. Assets that have physical existence
  2. Assets that are readily convertible to cash
  3. Assets that are available in the premises
  4. Assets that generate major cash inflows for the entity

MCQ 154: What are the key functions/responsibilities of a manager in general?

  1. Conceptual, Technical, Human, Mechanical
  2. Plan, Organize, Lead, Control
  3. Give order, handle disturbance, Organize, Lead
  4. Lead, Negotiate, Order, Monitor

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