Reporting, Monitoring and evaluation, Team
management 70 MCQs
1) Which of the following is nota typical
current liability? (Financial Reporting,
Page:132)
A) Accounts payable
B) Pension liabilities*
C) Wages payable
D) Taxes payable
2) Treasury stock is best classified as a
(Financial Reporting, Page:132)
A) Current liability
B) Contra asset
C) Current asset
D) Reduction of stockholders’
equity*
3) Which of the following items would be
classified as operating revenue or
expense on an income statement of a
manufacturing firm? (Financial
Reporting, Page:168)
A) Advertising expense*
B) Equity income
C) Interest expense
D) Dividend income
4) Which of the following is a recurring
item? (Financial Reporting, Page:168)
A) Cumulative effect of change in
accounting principle
B) Error of a prior period
C) Equity in earnings of
nonconsolidated subsidiaries*
D) Extraordinary loss
5) Which of the following would be
classified as an extraordinary item on
the income statement? (Financial
Reporting, Page:168)
A) Loss from tornado*
B) Loss on disposal of a segment
of business
C) Write-down of inventory
D) Correction of an error of the
current period
6) Which of the following is true when a
cash dividend is declared and paid?
(Financial Reporting, Page:169)
A) Retained earnings is reduced by
the amount of the dividend*
B) The firm is left with a liability to
pay the dividend
C) Retained earnings is not
influenced by the dividend
D) Retained earnings is increased
by the amount of the dividend
7) Which of the following will not be
disclosed in retained earnings?
(Financial Reporting, Page:170)
A) Net income
B) Adjustment for an error of the
current period*
C) Adjustment for an error of a
prior period
D) Declaration of a stock dividend
8) Which of the following statements is
incorrect? (Financial Reporting,
Page:198)
A) A very long list of meaningful
ratios can be derived
B) Ratios are fractions expressed
in percent or times per year
C) A ratio can be computed from
any pair of numbers
D) There is one standard list of
ratios*
9) Fremont Electronics has income of
$1,000,000. Columbus Electronics has
income of $2,000,000.
Which of the following statements is a
correct statement? (Financial
Reporting, Page:198)
A) Fremont Electronics could be
more profitable than Columbus
Electronics in relation to
resources employed*
B) Columbus Electronics is getting
a higher return on assets
employed
C) No comparison can be made
between Fremont Electronics
and Columbus Electronics
D) Columbus Electronics has
higher profit margins than does
Fremont Electronics
10) Industry ratios should not be
considered as absolute norms for a
given industry because of all but which
 of the following? (Financial Reporting,
Page:198)
A) The firms have different
accounting methods
B) The financial services may be
private independent firms*
C) Companies within the same
industry may differ in their
method of operations
D) Many companies have varied
product lines
11) Which analysis compares each amount
with a base amount for a selected base
year? (Financial Reporting, Page:199)
A) Vertical common-size
B) Horizontal common size*
C) Funds statement
D) Common size statement
12) If a firm has a high current ratio but a
low acid-test ratio, one can conclude
that (Financial Reporting, Page:239)
A) The firm has a large amount of
current liabilities
B) The firm has a large investment
in inventory
C) The firm has a large outstanding
accounts receivable balance*
D) The cash ratio is extremely high
13) Which of the following ratios can be
used as a guide to a firm’s ability to
carry debt from an income perspective?
(Financial Reporting, Page:283)
A) Times interest earned*
B) Debt ratio
C) Debt/equity
D) Debt to tangible net worth
14) A firm may have substantial liabilities
that are not disclosed on the face of the
balance sheet from all but which of the
following? (Financial Reporting,
Page:283)
A) Leases
B) Contingencies
C) Pension plans
D) Bonds payable*
15) There is disagreement on all but which
of the following items as to whether it
should be considered a liability in the
debt ratio? (Financial Reporting,
Page:283)
A) Preferred stock*
B) Reserve accounts
C) Deferred taxes
D) Minority shareholders’ interest
16) All but which of these ratios are
considered to be debt ratios? (Financial
Reporting, Page:283)
A) Times interest earned
B) Fixed charge ratio
C) Current ratio*
D) Debt ratio
17) Which of the following statements is
false? (Financial Reporting, Page:284)
A) The debt to tangible net worth
ratio is more conservative than
the debt ratio
B) The debt/equity ratio indicates
an income statement view of
debt*
C) The debt to tangible net worth
ratio is more conservative than
the debt/equity ratio
D) Times interest earned indicates
an income statement view of
debt
18) A times interest earned ratio of 0.20 to
1 means (Financial Reporting, Page:284)
A) That the firm will default on its
interest payment
B) That cash flow exceeds the net
income
C) That net income is less than the
interest expense (including
capitalized interest)*
D) That the firm should reduce its
debt
19) In computing debt to tangible net
worth, which of the following is not
subtracted in the denominator
(Financial Reporting, Page:284)
A) Land
B) Bonds payable
C) Patents
D) Both a and b*
20) Which of the following is not
considered to be a nonrecurring item?
(Financial Reporting, Page:324)
A) Interest expense*
B) Cumulative effect of change in
accounting principle
C) Discontinued operations
D) Extraordinary items
21) Ideally, which of these ratios will
indicate the highest return for an
individual firm? (Financial Reporting,
Page:324)
A) Return on assets variation
B) Return on investments
C) Return on common equity*
D) Return on assets
22) Total asset turnover measures
(Financial Reporting, Page:324)
A) Net income dollars generated
by each dollar of sales
B) The ability of the firm to
generate sales through the use
of the assets*
C) The relationship between the
income earned on the capital
invested
D) The firm’s ability to make
productive use of its property,
plant, and equipment through
generation of profits
23) Equity earnings can represent a
problem in analyzing profitability
because (Financial Reporting, Page:325)
A) Equity earnings may not be
related to cash flow
B) Equity earnings are not from
operations*
C) Equity earnings are unusual
D) Equity earnings are
extraordinary
24) Which of the following is not a type of
operating asset? (Financial Reporting,
Page:325)
A) Intangibles*
B) Inventory
C) Receivables
D) Building
25) Earnings based on percent of holdings
by outside owners of consolidated
subsidiaries are termed as (Financial
Reporting, Page:325)
A) Equity earnings
B) Earnings of subsidiaries
C) Investment income
D) Non controlling interest share
of earnings*
26) What is the difference between staff
and team?(Team Building Proven
Strategies, Page 59)
A) In team, goals and designs are
made by boss
B) Assignments made jointly by
the boss and subordinates in a
staff
C) In a team communication are
open among all team members
*
D) In a staff critical feedback
regarded as important to
improvement
27) The boss who is to become a leader
must experience a true paradigm shift
in order (Team Building Proven
Strategies, Page ,60)
A) For the development of the
team to take place*
B) For the development of the
staff to take place
C) For the development of
dominance over the
subordinates
D) For the development of
segmentation
28) If the team has a weakness in setting
goals or managing conflict ____ to
identify the problem they have and
possible solution that help the team
improve its competency. (Team Building
Proven Strategies, Page 62)
A) Team Contextual development
B) Team Building process help the
team*
C) Team motivation help
D) None of these
29) _____ is the basic of true participative
management. (Team Building Proven
Strategies, Page 63)
A) Team
B) Leadership
C) Staff
D) Sharing power*
30) “Is the leader does not do something
soon, we are going to waste a lot of
time and make some very poor
decisions”, in which case the team
members say that (Team Building
Proven Strategies, Page 63)
A) When the Leadership is share
among the members of team*
B) When the Leadership is
dominant over the
subordinates
C) When everyone In the team not
take participation
D) When there is staff and boss
system
31) Once the context and team composition
support team effectiveness, the next
step is to develop (Team Building
Proven Strategies, Page 57)
A) Team management
B) Team competencies *
C) Team change members
D) Team Building
32) To develop effective team, managers
need to think of their subordinates as
being (Team Building Proven Strategies,
Page 58)
A) Members of their staff
B) Brother and friends
C) Members of a team *
D) All of these
33) What guidelines does the team need to
become effective according to its own
criteria and to avoid pit falls? (Team
Building Proven Strategies, Page 64)
A) The leader that dominating
B) The leader that judging
C) The leader that have power and
directed that power
D) The leader that participating *
34) As the team discus it goals, it should
always try to make sure that the goals
are (Team Building Proven Strategies,
Page 65)
A) Realistic
B) Measurable
C) Both a and b*
D) Easy
35) If the team has multiple goals, it should
make sure that the goals are (Team
Building Proven Strategies, Page 65)
A) Choice
B) Prioritized*
C) Mix
D) Summarized
36) A problem that many team experience
is a ______ to the team goals because
they are made by the team leader and
just handed to the team. (Team Building
Proven Strategies, Page 65)
A) Lack of confidence
B) Lack of knowledge
C) Lack of status
D) Lack of commitment *
37) Making effective____ that have the
commitment of all the team members is
another key competency. (Team
Building Proven Strategies, Page 66)
A) Decision *
B) Moto
C) Stand off
D) Verdict
38) Once clear goals are set, the team then
must have a process _______ so that
everyone knows exactly what they are
supposed to do how it contributes to
the team goals. (Team Building Proven
Strategies, Page 66)
A) For making to control
subordinates
B) For making contracts with goals
C) For making individual
assignments *
D) For making individual
introduction
39) The general approach to effective
meeting management has the following
 steps except (Team Building Proven
Strategies, Page 67)
A) Set out clear purpose
B) Development agenda before
the meeting
C) The team can focus on off the
subject*
D) Summarized and record the
action
40) The fundamental emotional condition
in a team is not (Team Building Proven
Strategies, Page 68)
A) Liking but friending
B) Liking but trusting*
C) Liking but disliking
D) Liking but acting
41) The key is develop trust in a team is to
make (Team Building Proven Strategies,
Page 69)
A) Coach
B) Leader
C) Agreement *
D) All
42) “I think you would be more effective if
you asked a number of people for their
ideas rather then just one or two”,
(Team Building Proven Strategies, Page
70)
A) Feedback in the form of
suggestion *
B) Feedback in the form shared
team
C) Feedback in the form of
solicited
D) Feedback in the form of
uncertainty
43) When team member give feedback to
each other ____ often result. (Team
Building Proven Strategies, Page 71)
A) Friendship
B) Conflict *
C) Liking
D) Effective morals
44) High forming teams develop a ____ that
involves quickly helping each other
when asked. (Team Building Proven
Strategies, Page 72)
A) Norm of reciprocity *
B) Negative reciprocity
C) Norm of DE individualization
D) None of these
45) To be successful at team building, it is
useful if the team can understand that
all groups function and develop (Team
Building Proven Strategies, Page 73)
A) A task level competency
B) A relationship level competency
C) Both a and b *
D) An emotional level competency
46) At the ____, team members need to
support and encourage one another,
invite more hesitant members to
contribute, ease tension. (Team
Building Proven Strategies, Page 73)
A) Task level
B) Relationship level *
C) Emotional level
D) All of these
47) As the team mature and the leader
shifts more power and responsibility for
team functioning from his or her
shoulders to the team, the leader’s role
begin to change from (Team Building
Proven Strategies, Page 74)
A) Educator to leader
B) Coach to educator
C) Coach to leader
D) Educator to coach*
48) Team members must recognize that the
coach’s role is to (Team Building Proven
Strategies, Page 75)
A) Merely to be a critics
B) Help them succeed *
C) Purveyors of advice
D) Become Liking
49) Membership of a group provide the
individual with a sense of (Team
Building Proven Strategies, Page)
A) Individually
B) Belonging *
C) Superiority
D) Dormancy
50) A mandatory prerequisite for team
building (Team Building Proven
Strategies, Page)
 A) Funding for staff development 55) Baseline are derived from (A Guide To
activities Project Monitoring And Evaluation,
B) Shared work ethics among Page 43)
Team members A) Outcomes
C) Commitment from top level B) Indicators
management * C) Deduction
D) Removal of trouble some D) Both a and b *
individuals 56) A ____ is a specified objective that
51) Monitoring is ____ while a project is indicate the number, timing and
being implemented. (A Guide To Project location of that which is to be realized.
Monitoring And Evaluation, Page 11) (A Guide To Project Monitoring And
A) Performed * Evaluation, Page 49)
B) Activated A) Target*
C) Proposed B) Vision
D) Pep resented C) Opinions
52) An internal project activity designed to D) Decision
provide constant feedback on the 57) The ____ indicator would focus on
progress of a project, the problem it is relevance, efficiency, effectiveness,
facing, and the efficiency with which it impact sustainability. (A Guide To
is being implemented. (A Guide To Project Monitoring And Evaluation,
Project Monitoring And Evaluation, Page 51)
Page 11) A) Primary
A) Evaluation B) Secondary *
B) Assessment C) Input
C) Testing D) Output
D) Monitoring * 58) A data collection system for all
53) ____ communicate information about indicators should possess ____ criteria.
progress toward particular goals, To the extent of these criteria absent,
provide clues about matter of larger the credibility of the system will
significant or make perceptible a trend diminish. (A Guide To Project
or a phenomenon that is not Monitoring And Evaluation, Page 82)
immediately detectable. (A Guide To A) Reliability
Project Monitoring And Evaluation, B) Validity
Page 35) C) Timeliness
A) Results D) All of these*
B) Indicators * 59) It’s involves breakdown the project into
C) Changing behaviour a hierarchical structure of its
D) Experience component parts. (A Guide To Project
54) The ______ of selecting performance Monitoring And Evaluation, Page 107)
indicators is essentially a set of criteria A) PBS*
project, programs or policy. (A Guide To B) Markets segmentation
Project Monitoring And Evaluation, C) Fragmentation
Page 39) D) Participatory Monitoring
A) SMART 60) Following are the steps of Participatory
B) SWOT Monitoring Techniques except (A Guide
C) CREAM* To Project Monitoring And Evaluation,
D) All Page 114)
A) Decides who participate
 B) Establish goals
C) Compress results*
D) Take action
61) What is the difference between
conventional monitory and evaluation
and result based participate monitoring
and evaluation? (A Guide To Project
Monitoring And Evaluation, Page 116)
A) In conventional, initiation, is
carried by donors and
stakeholder
B) In Participatory Monitoring,
purposes, is capacity building
increase ownership over result,
multiple stakeholders
accountable *
C) In Participatory Monitoring,
evaluation, is done by external
evaluator
D) Both b and c
62) Project audit used to ( Guide To Project
Monitoring And Evaluation, Page 137)
A) Revalidate the business
feasibility of the project
B) Check process only
C) Check compliance and ensure
project management process
and being used as they should
D) Both a and c *
63) ______ is a process which encompasses
any activity that is concerned with
assessing and improving the
meritorious compliance given
standards. (A Guide To Project
Monitoring And Evaluation, Page 179)
A) Quality assurance*
B) External Monitoring
C) Participatory managements
D) Pre qualification essential on
64) ______ is a periodical in depth analysis
of programmers performance. (A Guide
To Project Monitoring And Evaluation,
Page 225)
A) Formative assessment
B) Summative assessment
C) Evaluation *
D) Monitoring
65) According to Singh and Nyan diema the
choice of an evaluation design depends
on the (A Guide To Project Monitoring
And Evaluation, Page 234)
A) Use that will made the
evaluation results
B) Type of evaluation chosen
C) Resources available like
time ,money and skills
D) All of these*
66) ____ relies on rigorous method of
determine the changes in outcomes
which can be attribute to a specific
intervention based on cause and effect
analysis. (A Guide To Project Monitoring
And Evaluation, Page 228)
A) Meta Evaluation
B) Impact Evaluation *
C) External Evaluation
D) Total Evaluation
67) What are the characteristic of
evaluation? (A Guide To Project
Monitoring And Evaluation, Page 234)
A) Partiality
B) Social adequacy
C) Leadership involvement
D) Feedback and dissemination
68) ____ evaluation begins during project
development and continuous
throughout the life of the project. (A
Guide To Project Monitoring And
Evaluation, Page 237)
A) Implementation Evaluation
B) Progress Evaluation
C) Formative Evaluation *
D) Summative Evaluation
69) Evaluation conducted two years or
more after the completion of the
programmer or project (A Guide To
Project Monitoring And Evaluation,
Page 245)
A) Ex- post Evaluation *
B) Terminal Evaluation
C) Mid – term Evaluation
D) Independent Evaluation
70) ____ is the usual starting point for
quantitative analysis, it focuses on
measure of central tendency mean,
mode, standard deviation. (A Guide To
Project Monitoring And Evaluation,
Page 254)
A) Associated analysis
B) Descriptive analysis*
C) Inferential analysis
D) Causal analysis