Sample Multiple Choice Questions

M.Com II (INFORMATION TECHNOLOGY) SEMESTER -IV

1. _________ involves formal and informal factors related to behavior of managers.
A) Control system B) Management Control Environment C) Management Control
D) Task Control
2. ----------is a section of the organization of an undertaking defined for the purpose of
budgetary control.
A) Budget Centre B) Budget Manual C) Budget Committee D) Budget Period
3. The---------rules provide for appointment of custodian bank, a domestic depository and a
merchant banker for the purpose of issue.
A) ADR B) GDR C) IDR D) . FCCB
4. A Company’s turnover in a year is Rs. 50,00,000 and its profit is Rs. 5,00,000 and P/V
Ratio is 40%. The Break Even point will be --------------
A) Rs.15,00,000 B) Rs. 37,50,000 C) Rs.37,15,000 D) Rs. 37,500
5. Experience shared by individual is--------------
A) Tacit Knowledge B) Explicit Knowledge C) Data D) Information
6. IDR issuing company should have a paid up capital and free reserves of ----------

A) US $ 1000 million. B) US $ 100 million. C) US $ 10 million. D) US $ 1 million

7. In………….targets are predetermined and actual performances is compared
with targets.
A) Budgetary control B) Budgetary control and standard costing
C) Standard costing D) Marginal costing
8. The depository receipts issued by a company in United States of America
are………………
A) Global Depository Receipts B) American Depository Receipts
C) Indian Depository Receipts D) Foreign Institutional Investors
9. Time lag in credit transaction is also taken into consideration while preparing the ---------
------------.
A) Flexible Budget B) Fixed Budget C) Cash Budget D) Capital Expenditure Budget
10. Global Depository Receipts are denominated in---------------……
A) Indian Rupees & US Dollar B) US Dollar C) Euro & Pound Sterling
D) Indian rupee

11. Actual quantity = 125, Standard Price= Rs. 30, Actual Price =Rs. 35 the Material Price
Variance will be Rs…………….
A) 8125(F) B) 8125(A) C) 625(A) D) 625(F)
12. GDR once issued may be cancelled but only after ------------days cooling period.
A) 54 B) 45 C) 20 D) 50

13. From the following ----------------is a Fuzzy Logic.

A) Subset of AI B) way of encoding human learning for artificial processing
C) It is the form of many valued logic D) All of the Above
14. Foreign companies are allowed to access the ……….. by way of Indian Depository
Receipts since 23rd Feb.2004
A) Indian Capital Market B) American Capital Market . C) Japanese Capital Market
D) Indian Commodity Market
15. Strategic planning is the responsibility of-----------
A) Top Management B) Middle Level Management C) Lower level Management
D) Executive Officers
16. Information is---------------
A) Data B) Processed Data C) Manipulated input D) Computer Output
17. The …………... market is a wholesale market in the sense that the Euro-dollar is a
currency dealt in only large units.
A) Coin B) Dollar C) Bitcoin D) Euro dollar
18. ----------------------as the costs which are not affected by temporary fluctuations in
activity of an enterprise.
A) Marginal Cost B) Semi-Variable Cost C) Fixed Cost D) Indirect cost
19. ----------------------is the father of Artificial Intelligence (AI)
A) Alain Colmerauer B) John McCarthy C) Nicklaus Wirth D)Seymour Papert
20. What is true about Data Visualization?
A) Data visualization is used to communicate information clearly and efficiently to users
by the usage of information graphics such as tables and charts.
B) Data visualization helps users in analyzing a large amount of data in a simpler way.
C) Data Visualization makes complex data more accessible, understandable, and usable.
D) All of the above

21. ---------------is a process, which involves evaluating performance in comparison to

objectives or benchmarks, uncovering variances, areas for improvements, identifying
opportunities and reallocating resources.
A) Control B) Management C) System D) Management Control System
22. ____________ is a system that aids management in carrying out its functions
successfully.
A) Report B) Management Information System C) Information D) Data