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Saturday, December 11, 2010

Mgt501 Mid Term Current Paper (Dec 2010)

Paper 01:

No job opportunity available for an individual with physical imparity in ARMY, is this act of discrimination? 3 marks
what info is reflected by the "red flag" how it help to screening job applications.? 3
different between training and development? 5
how MRIS help in operational and strategic management ?5



Paper 02

28 mcqs total from 2009 midterm paper

Describe Quantity discounts and its types. marks 3
what is the main error on jobs interview describe 3.. marks 3
what is job analys define.. marks 5
define hr planning marks 5

MGT402 Today`s Paper Fall 2010

Which of the following best describe piece rate system?

The increased volume of production results in decreased cost of production

► The increased volume of production in minimum time

► Establishment of fair standard rates

► Higher output is a result of efficient management

Which of the followin is NOT an assumption of the basic economic-order quantity model?

► Annual demand is known

► Orderin cost is known

► Carryin cost is known

Quantity discounts are available

All of the following are deducted from gross Profit to calculate Operating income EXCEPT:

► Selling expenses

► Advertising expenses

► Administrative expenses

Financial expenses

The salary of factory clerk is treated as:

► Direct labor cost

Indirect labor cost

► Conversion cost

► Prime cost

The components of the conversion cost are:

► Direct Material + Direct Labor + Other Direct Cost

Direct Labor + FOH

► Prime Cost + FOH+ Other Direct Cost

► Prime Cost + FOH

In cost accounting, Avoidable loss is charged to which of the following?

► Factory over head control account

Work in process control account

► Marketing overhead control account

► Administration overhead control account

Which of the following functions are fulfilled by Goods Received Note?

i. Provides information to update the inventory records on receipt of goods

ii. Provides information to check the quantity on the supplier’s invoice

iii. Provides information to check the price on the supplier’s invoice

► (i) only

(i) and (ii) only

► (i) and (iii) only

► (ii) and (iii) only

Overhead absorption rate (OAR) can be calculated as:

► Direct labor cost /Direct Labor hours

Estimated FOH/ Direct Labor hours

► Prime cost/ Estimated FOH

► Prime cost/ Direct labor cost

Which of the following would be considered as factory overhead using a job order cost system?

► Direct materials

► Direct labor

Depreciation on factory buildings

► Salesperson's salary

► Salesperson's salary

If, Basic Salary Rs.10,000

Per Piece commission Rs. 5

Unit sold 700 pieces

What will be the COMMISION?

Rs. 3,500

► Rs. 13,500

► Rs. 10,000

► Rs. 6,500

With reference to cost of production report, cost accounted for as follows is also known as:

Cost reconciliation

► Bank reconciliation

► Cash reconciliation

► Capital reconciliation

Identify units transferred out with the help of given data:

Units

Units still in process (100%material, 75% conversion )

4,000

Lost units

2,000

Units started in process

50,000

► 6,000 units

44,000 units

► 52,000 units

► 56,000 units

The difference over the period of time between actual and applied FOH will usually be minimal when the predetermined overhead rate is based on:

Normal capacity

► Designed capacity

► Direct Labor hours

► Machine hours

The cost that is subject to actual payment or will be paid for in future is called:

► Fixed cost

► Step cost

Explicit cost

► Imputed cost

Cost of material consumed under LIFO costing method is Rs. 6,000. Conversion Cost is Rs. 16,500. 1,000 units of the product were manufactured out of which 800 @ Rs. 30 units sold. There were no beginning and ending inventories of work in process and finished goods.

Required: Calculate per unit cost with the help of given information.

► Rs. 22.50

Rs.16.50

► Rs. 6.00

► Rs. 28.13

Calculate total salary received with the given data.

Salary

Rs.5000

Per Piece commission

10 % per piece

Unit sold

700 pieces

Price per piece

Rs. 10

► Rs. 5,100

► Rs. 5,000

► Rs. 5,600

► Rs. 5,700

Which cost accumulation procedure is best suited to a continuous mass production process of similar units?

► Job order costing

Process costing

► Standard costing

► Actual costing

Which of the following method of inventory valuation is not recommended under IAS 02?

► LIFO

► FIFO

► Weighted Average

► Both LIFO & FIFO

Which of the following are basic inventories for a manufacturing concern?

► Indirect materials, goods in process, and raw materials

► Finished goods, raw materials, and direct materials

► Raw materials, goods in process, and finished goods

► Raw materials, factory overhead, and direct labor

If the cost per equivalent unit is Rs. 1.60. The equivalent units of output are 50,000. The WIP closing stock is 10,000 units, 40% completed. What will be the value of closing stock?

► Rs. 9,600

► Rs. 80,000

► Rs. 16,000

Rs. 6,400

Consider the following data:

Salary

Rs.5000

Per Piece commission

10 % per piece

Unit sold

700 pieces

Price per piece

Rs. 10

Amount of commission received

?

► Rs. 100

► Rs. 500

► Rs. 600

Rs. 700

Question No: 32 ( Marks: 1 ) - Please choose one

Lost units (Normal loss)

500 units

Units received from preceding department

13,500 units

Units completed in this department

11,750 units

Required: Identify units still in process with the help of above data.

1,250 units

► 14,000 units

► 12,250 units

► 1,750 units

The journal entry of Material purchase on credit under perpetual inventory system is:

► Inventory account (Dr) Material account (Cr)

► Account payable (Dr.) Purchases account (Cr)

Inventory account (Dr) Account payable account (Cr)

► Purchases account (Dr) Accounts payable account (Cr)

A direct cost is identified by which of the following feature?

Its behavior

Its traceability

Its controllability

Its relevance

INCOME BEFORE INTEREST AND TEX

OTHER INCOME

OPERATING INCOME

GROSS PROFIT

Pay roll sheet include except

Gross income

Net income

Tax rebate

Statuary and non statuary

Inventory of Rs. 96,000 was purchased during the year. The cost of goods sold was Rs. 90,000 and the ending inventory was Rs. 18,000. What was the inventory turnover ratio for the year?

► 5.0 times

► 5.3 times

6.0 times

► 6.4 times

Discuss the advantages and disadvantages of the group bonus scheme?

Write the formula of abortion and discuss it base?

Tuesday, December 7, 2010

TODAY’S PAPER MGT 201(7.12.2010)


· What are the reason due to which you do not invest in project which provide you highest return?(3)

· Briefly explain advantages of assets having short life(3)

· How negatively coorelated investment behave in a market?(5)

· Why does diversification reduce risk(5)

MGT411Mid Paper Fall 2010

Find out YTM of 1 year 12% coupon bond selling at $130. (Face value of bond = $100). (Marks: 3)

Discuss adverse selection in financial markets (Marks: 3)

Discuss bubbles in your own word. (Marks: 5)

Differentiate between yield to maturity and current yield. (Marks: 5)

MGMT628 today paper

1. Briefly explain the purpose of membership boundary with in marginality (3)

2. Why there is no one best way to collect data. Give reason (3)

3. How would you differentiate b/w visible and invisible manifestations of culture? (5)

4. During the entry process of organization development, internal consultants have clear advantage over external consultant. Do you agree or not. Discuss. (5)

5. What are the two feature of technology core that influence other design component of organization. Discuss in detail. (5)

FIN622 Mid Fall 2010 Paper today

Question 01: A public limited Company had sales of Rs.2 million this year. The marketing manager expects sales to grow at a 10 percent compound annual rate over the next 10 years. On this basis, which of the following is the closest amount of sales in 10 years?

Question 02Suppose you invest Rs.400, 000 in treasury bills and Rs.600, 000 in the market portfolio. What is the return on your portfolio if bills yield 6% and the expected return on the market is 14%? What does the return on this portfolio imply for the expected return on individual stocks with betas of 0.6?
Stocks A and B has the following historical returns:

Year Stock A,s Returns (rA) Stock B,s Returns (rB)
2003 -18.00% -14.50%
2004 33 21.8
2005 15 30.5
2006 -0.5 -7.6
2007 27 26.3

Question 03: Assume that a person held a portfolio consisting of 50% of Stock A and 50% of Stock B. What would have been the realized rate of return on the portfolio in each year from 2003 to 2007? What would have been the average return on the portfolio during this period?

Question 04: Does the value of firm increase when it increases its proportion of debt financing?

Monday, December 6, 2010

MGT301 MID FALL 2010

The receptionist at a doctor's office throws away certain product circulars mailed by

pharmaceutical companies and keeps the ones on products she believes are useful. The

receptionist is performing which role in the buying center?

Influencer

Buyer

Decider

Gatekeeper

If a local company wants to adopt the marketing concept. To be consistent with this move, it should adopt which of the following philosophies?

Focusing on today is important for us

Making money is our business

The customer is always right

Keeping prices low is our objective

Any paid form of non-personal presentation and promotion of ideas, goods or services by an identified sponsor reflects which one of the following concepts?

Sales promotion

Direct marketing

Advertising

Personal selling

Making more sales to current customers without changing a firm’s products refers to which of the following strategies?

Market development

Market growth

Market penetration

Product development

The objective of which of the following research is to gather preliminary information that will help define the problem and suggest hypotheses?

Descriptive

Exploratory

Causal

Corrective

A threat is a major unfavorable situation in a firm’s environment. Threats are key impediments to the firm’s current or desired position. Which one of the following represents threat to a firm’s success?

Relaxation of international tariffs

The entrance of new competitors in the market

Undifferentiated products or services

Cost advantages present because of advanced technology

Demographic segmentation divides the market into groups based on which of the following variables?

Size, location, industry, customer

Size, company, industry, technology

Location, size, occupation, race

Customer, technology, company, industry

A political force is one of the actors of marketing macro environment. It is difficult for the marketers to deal with the political environment because:

It is simple to recognize

It is beyond their control

It is easily ignored

It is easily influenced

Buyer- seller similarities is an attribute comes under which one of the following concepts?

Demographic factors

Personal characteristics

Situational factors

Operating variables

Boston University is using the systematic design, collection, analysis, and reporting of data relevant to marketing its programs to minority students. What do we call this?

Promotion

Self-study

Marketing research

Cost-benefit analysis

Which one of the following statements is an example of a problem that may arise in the implementation of the marketing concept?

The marketer cannot satisfy all the marketing segments

Consumers do not understand what the marketing concept is

Dealers do not support the marketing concept

A product may fit the needs of too many segments

Why is business legislation enacted?

To protect consumers

To protect companies from each other

To protect the interest of the society

All of the given options

Three main strategies for intensive growth are market penetration, product development and the other one?


Product improvement
Market saturation
Market growth
Market development

Mr. A prefers Suzuki over Toyota, because he considers Suzuki to be cheaper, faster, more economical and reliable. The evaluation performed by Mr. A is known as:

Which one of the following environment depicts consumer purchasing power and spending patterns?

Demographic environment

Cultural environment

Economic environment

Consumer environment

Customer Satisfaction

Customer Perceived Value

Customer Preference

Customer’s Choice

When a church targets different demographic groups to increase attendance, it is an example of which of the following options?

Not-for-profit marketing

Mindless marketing

Ethics in marketing

Societal marketing

All of the following are included in the Porters five forces model of competition EXCEPT:

Threats of new entrants

Bargaining Powers of competitors

Threat of substitute products

Rivalry among competing firms in industry

You purchase cleaning supplies regularly. It is showing which buying situation?

Modified rebuy

Straight rebuy

Modified straight rebuy

Consumer buy

Which of the following options refers to “New Products”?

Product modifications

Product improvements

New brands that a firm develops

All of the given options

Why is the demographic environment a major interest to marketers?

Because it involves global financing

Because it involves people and people make up markets

Because demographics involve diverse consumer products

Because demographics focus on local marketing opportunities

The major marketing research tool for gaining insights into consumer thoughts and feelings is:

All of the given options

Focus group interviewing

Telephone interviewing

Online interviewing

Which of the following is a shortest product life cycle?

Fad

Fashion

Style

None of the given options

Business demand ultimately comes from the demand for consumer goods. This is known as __________ demand.

Derived

Inelastic

Elastic

Fluctuating

Microsoft introduced new software which enhances voice chatting on the internet. Most of the people are unaware of this software. The people who are aware of the product are not interested in buying this software. This software is an example of:

Convenience Products

Shopping Products

Specialty Products

Unsought Products

The two dimensions of product quality are:

Level and consistency

Precision and accuracy

Level and precision

Consistency and precision

The Hispanic, African American, Asian American, and mature consumers in America are all examples of:

Culture

Sub culture

All of the given options

Social class

When a company decides to harvest a product, what happens to the product?

Various costs are reduced

The product is eliminated

Products cannot be harvested

None of the given options

Q.Briefly describe difference between labeling and packaging?

Q.Describe the differences among culture, subculture, and social class.

Q.Explain the various sources from which Internal Data can be collected for developing marketing information.

Q.A company has to be careful while dividing the market into various segments. Some segments appear to be fruitful in the short run and unprofitable in the long run. Mention various structural factors that affect long-run segment attractiveness.

Q.Cultural factors exert a broad and deep influence on consumer behavior. The marketer needs to understand the role played by the buyer’s culture, subculture, and social class.