Which of the following options is the last stage in the planning process?

• A) Determining the objectives
• B) Forecasting the future
• C) Selecting a course of action
• D) Revising plan

Who is the writter of the book named 'Wealth of Nation'?

• A) F.M. Marx
• B) Ronald Reagan
• C) Adam Smith
• D) Lloyd George

In private sector organizations financial operating budget is termed as:

• A) Profit plan
• B) Financial statement
• C) Balance sheet
• D) Cash flow

Which of the following is an instrument of financial control and management?

• A) Budget
• B) Debt
• C) Tax
• D) Grant

Which of the following serves as the major source of revenue for the government?

• A) Grants
• B) Debts
• C) Funds
• D) Taxes

All of the following are examples of direct tax, EXCEPT:

• A) Custom duty
• B) Wealth tax
• C) Income tax
• D) Capital tax

While selecting an alternative, if a manager attempt to try a new alternative and see the results, it is called:

• A) All of the mentioned
• B) Research and Analysis
• C) Experimentation
• D) Experience

Which of the following is NOT a reason of demotion of an employee?

• A) Absence of promotional opportunities
• B) Disobedience
• C) Negligence
• D) Inefficiency

Medical examination is a part of which of the following process?

• A) Training
• B) Performance appraisal
• C) Recruitment
• D) Selection

The roads and parks are an example of:

• A) Private goods
• B) Public goods
• C) Financial goods
• D) Consumer goods

Which of the following activity evaluates, judges or checks the work of employees over a period of time?

• A) Compensation packages
• B) Performance appraisals
• C) Training programs
• D) Development plans

The systematic and sequential process of making decisions and achieving objectives is best defines as:

• A) Corporate decisons
• B) Bounded decisions
• C) Limited decisions
• D) Rational decisions

The structured and routine decision making is termed as:

• A) Programmed
• B) Abrupt
• C) Novel
• D) Non Programmed

The bilateral decision when an organization agrees to offer a job to a candidate and the candidate also agrees to accept a job offer can be termed as:

• A) Job Selection
• B) Job description
• C) Selection
• D) Recruitment

The length of plan such as “short term” or “long term” actually refers to the:

• A) Coordination of plans
• B) Time horizon
• C) Delegation of authority
• D) Commitment principle

After the successful completion of all the project phases, the last phase of a project cycle is:

• A) Project Study
• B) Project Implementation
• C) Project Approval
• D) Project Evaluation

Mr John is an accountant in a public sector organization. Owing to his financial malpractices, a court starts hearing against him. This is an example of______.

• A) All of the given options
• B) Political Control
• C) Internal Control
• D) External Control

Who presents annual federal budget in the parliament of Pakistan?

• A) Chief Minister
• B) President
• C) Prime Minister
• D) Finance Minister

The term “Time horizon” of a plan refers to its:

• A) Efficient or inefficient
• B) None of the mentioned
• C) Cost (Cheap or expensive)
• D) Length (short term or long term)

A written statement regarding the education, experience and skills required to perform a job is known as:

• A) All of the mentioned
• B) Hiring Specification
• C) Job Description
• D) Job Title