If company has made sales and has yet to collect the money form purchaser then it is recorded as ___________?

• A) Accounts Receivables
• B) Accounts Payables
• C) Bad debt
• D) None of the given options

Current ratio is the relationship of which of the following two terms?

• A) Current Drawings – current Investment
• B) Current assets ÷ current liabilities
• C) Current Expense × current liabilities
• D) Current Assets + Current Expense

“Form-29” a legal document provided under Company Ordinance 1984 to a private limited company. This form includes all of the following EXCEPT:

• A) Particulars of Directors
• B) Chief Accountant
• C) Share Holder
• D) The Chief Executive

If the current assets of a company are of worth Rs 10000 and current liabilities are Rs.8000 and working capital is Rs 2000, what will be the current ratio of the company?

• A) 5 : 1
• B) 1 : 4
• C) 5 : 4
• D) 1 : 5

Which of the following terms can be defined as “Properties or assets that are offered to secure a loan or other credit”?

• A) All of the given options
• B) Collateral
• C) Mortgage
• D) Guarantee

Which of the following is NOT true?

• A) A business needs both cash and profits to survive
• B) There are at least three sorts of profit to keep track of
• C) Cash and profits are not same thing, even in cash business
• D) Cash and profits are same thing, even in cash business

For what purpose the activity of performance appraisal is NOT conducted in an organization?

• A) To punish employee
• B) To evaluate employee
• C) To give reward to employee
• D) To motivate employee

Current ratio is the relationship of current assets and current liabilities, how these two terms are interrelated?

• A) Current assets – current liabilities
• B) Current assets × current liabilities
• C) Current assets ÷ current liabilities
• D) Current assets + current liabilities

What is the sound liquidity ratio in term of net working capital?

• A) 3:1
• B) 4:1
• C) 2:1
• D) 1:2

“Rent of the shop” is an example of which of the following?

• A) Fixed cost
• B) Breakeven Point
• C) Variable cost
• D) Selling Price

Ali now has the buying power to purchase the computer system that he was required for the last three months. Ali’s want is replaced with which of the following?

• A) Need
• B) Necessity
• C) Satisfier
• D) Demand

Following are the problems that can be faced by SMEs in developing countries EXCEPT:

• A) Limited Institutional Credit Markets
• B) Lack of Institutions like SMEDA that guides SMEs
• C) Scarcity of Capital
• D) Inadequate Infrastructure Facilities

Which of the following products is considered at the decline stage of PLC (data as per December 2008)?

• A) Video cassettes
• B) Digital televisions
• C) Digital Cameras
• D) Palmtop mobiles

Learning is stimulated when there is:

• A) Lack of constraints for development
• B) All of the given options
• C) Openness of accepting dissimilar views
• D) Climate of exploring new ideas

You want to use external micro-environment sources for new product ideas. Following are the common sources EXCEPT

• A) Government agencies
• B) Customers
• C) Competitors
• D) Suppliers

Following are the potential demerits of product mix for a company EXCEPT:

• A) Increased investment requirement for production and inventory
• B) Create a pressure to maintain optimal firm’s resources
• C) Gives steady sales and profits to the firm
• D) Difficult to manage the marketing activities

During which of the following stages of product development process, company can expect to earn profit?

• A) Preparing market feasibility
• B) Commercial sales
• C) Prototype development
• D) Test Marketing

Quality of materials, form, appearance, functions of a product is related with which of the following?

• A) Design Quality
• B) Productive Quality
• C) All types of qualities
• D) Manufacturing Quality

Which of the following is correct about design quality?

• A) It is change-specific.
• B) All of the given options
• C) It is unpredictable.
• D) It is people-sensitive.

Which of the following is NOT included in fundamental four 'Ps' of marketing?

• A) Public
• B) Product
• C) Price
• D) Place