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Accountancy
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Question-1
Which type of organization is suitable for centralization?
(A)
Small.
(B)
Large.
(C)
Retail.
(D)
None of these.
Question-2
Accountability is absolute and it always flows_________
(A)
Upward
(B)
Always flows
(C)
Downward
(D)
None of these
Question-3
Centralization implies the concentration of authority at the _________ level of the organization.
(A)
Top.
(B)
Bottom
(C)
Low
(D)
None of these
Question-4
Find out the advantage of centralization of authority .
(A)
Office operation are subjected to uniform policies and procedures.
(B)
Delays occur due to transfer of work to and from the centralized units.
(C)
Decision making and communication become slow.
(D)
Centralized units may be unable to perform specialized technical and continental work.
Question-5
_________ is a derivative of authority.
(A)
Responsibility.
(B)
Accountability.
(C)
Power.
(D)
None of these.
Question-6
Find out the advantage of centralization of authority.
(A)
Delays occur due to transfer of work to and from the centralized units.
(B)
Subordinates have little scope to participate in decision-making.
(C)
Physical facilities can be utilized fully.
(D)
Centralized units may be unable to perform specialized technical and confidential work.
Question-7
Find out which one is delegation?
(A)
It is the end result of delegation.
(B)
It is optional as top management may or may not disperse authority.
(C)
It is a philosophy of management.
(D)
It is a process or an act.
Question-8
Identify which one is the delegation?
(A)
It denotes relationship between a superior and a subordinate.
(B)
It denotes relationship between the top management and various departments.
(C)
It is the end result of delegation.
(D)
It is a philosophy of management.
Question-9
Accountability is also known as the principle of unity of __________
(A)
Information.
(B)
Order.
(C)
Strength.
(D)
Command.
Question-10
Which one is authority?
(A)
It is vested in the position.
(B)
It is the ability to do.
(C)
It is inherent in the person.
(D)
It cannot delegated.
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Practice in Related Chapters
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Organizing An Office
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