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Subject: Project Quality

Objective Question
Q.1- Contracting project work has long been the norm in the _______ industry
Telecommunications
Financial
Insurance
Construction

Correct Answer : Construction
Q.2- Advantages of outsourcing project work may likely include all of the following
except?
Shortened project completion
Reduced costs
Higher level of expertise
Reduced conflict

Correct Answer : Reduced conflict
Q.3- Key practices in partnering relationships include:
Single project contracting
Goals and objectives are similar
Access to each other\'s organizational resources
Both B and C are correct

Correct Answer : Access to each other\'s organizational resources
Q.4- Which of the following is part of the traditional project process?
Structured communications
Long-term commitment
Total company involvement
Both A and B are correct

Correct Answer : Structured communications
Q.5- Which of the following did the state of Ohio do before starting a bond-financed
school construction project?
Create a specific RFP (request for proposal)
Have a dress rehearsal
Reviews the performance of contractors on past projects
Both A and C are correct

Correct Answer : Have a dress rehearsal
Q.6- In the Snapshot from Practice "Strategies for Communicating with Outsourcers,"
which of the following was not one of the suggested strategies?
Recognize cultural differences
Use a translator to make sure everyone understands
Choose the right words
Confirm your requirements

Correct Answer : Use a translator to make sure everyone understands
Q.7- The result of teambuilding among the project's participants is a:
Signed contract
Legal partnership agreement
Project plan
Partnering charter

Correct Answer : Partnering charter
Q.8- Among the many advantages for establishing long-term partnerships are:
Reduced administrative costs
Improved performance
Improved communication
all of the above

Correct Answer : all of the above
Q.9- Teambuilding between partners should:
Include engineers, architects, lawyers, specialists and other staff
Be facilitated by an outside consultant
Not take more than one day
A and B are both correct

Correct Answer : A and B are both correct
Q.10- In the Snapshot from Practice dealing with the Value Engineering Awards
program, which branch of the U.S. government was involved?
Department of Defense
Department of Commerce
Department of Transportation
N.A)S.A

Correct Answer : Department of Defense
Q.11- Customer satisfaction can be quantified by:
Perceived performance divided by actual performance
Actual performance divided by expected performance
Perceived performance divided by expected performance
Actual performance divided by perceived performance

Correct Answer : Perceived performance divided by expected
performance
Q.12- In the research highlight on IT project managers, which of the following was
not one of the roles taken by project managers?
Entrepreneur
Politician
Friend
Auditor

Correct Answer : Auditor
Q.13- Which of the following is not one of the elements of good negotiation?
Be hard on the problem, soft on the people
Conflict on a project can be good
Negotiation is not a contest
All of these are elements of good negotiation

Correct Answer : All of these are elements of good negotiation
Q.14- Which of the following is reflected in the saying "Let anger fly out the
window"?
Separate people from the problem
Be honest
Focus on interests, not positions
Invent options for mutual gain

Correct Answer : Separate people from the problem
Q.15- The dovetailing technique is used in which of the following keys to good
negotiation?
Separate people from the problem
Be honest
Focus on interests, not positions
Invent options for mutual gain

Correct Answer : Invent options for mutual gain
Q.16- A project monitoring system involves all of the following except:
Determining what date to collect
Determining how, when, and who will collect the data
Adjusting the data
Analysis of the data

Correct Answer : Adjusting the data
Q.17- Adequate project controls have the advantage(s) of:
Holding people accountable
Prevents small problems from getting large
Keeping focus
A, B, and C are all correct

Correct Answer : A, B, and C are all correct
Q.18- The second step in the project control process of the measurement and
evaluation of project performance is to:
Review the baseline plan with top management
Analyze inputs to control system
Compare plan against actual
Measure progress and performance

Correct Answer : Measure progress and performance
Q.19- In monitoring project time (schedule) performance actual performance should
be compared to:
Budgets for the current year
Top management\'s targets
Project network schedule derived from the WBS/OBS
Progress on similar past projects

Correct Answer : Project network schedule derived from the WBS/OBS
Q.20- An Earned Value System used to monitor project progress includes comparison
of
Actual costs versus budget
Schedule progress versus plan
Quality progress versus plan
Both A and B are correct

Correct Answer : Both A and B are correct
Q.21- The cost variance for a project is calculated by:
EV-AC
AC-SV
PV-EV
CU-EV

Correct Answer : EV-AC
Q.22- Baseline project budgets are derived from:
The organization\'s overall budget
Time-phasing the work packages
Top management directions
Both A and C are correct

Correct Answer : Time-phasing the work packages
Q.23- Generally the method for measuring accomplishments centers on comparing
Earned value with the expected schedule value
Earned value with the actual costs
Actual costs with budgeted costs
Both A and B are correct

Correct Answer : Both A and B are correct
Q.24- Which of the following are required to assess the current status of a project
using the earned-value cost/schedule system?
BAC, EAC, and ETC
VAC, EAC, and BAC
CV, SU, and BAC
PV, EV, and AC

Correct Answer : PV, EV, and AC
Q.25- Which of the following methods will measure the scheduling efficiency of the
work accomplished to date?
SV/CV
EV/PV
EV/AC
AC/SV

Correct Answer : EV/PV
Q.26- Scope creep affects:
The organization
The project team
The project suppliers
all of the above

Correct Answer : all of the above
Q.27- Small refinements that eventually build to be major changes are known as:
Project erosion
Scope creep
Specification adjustments
Specification refinements

Correct Answer : Scope creep
Q.28- The percent complete index that looks at percent complete in terms of actual
amounts is calculated by which of the following?
EV/BAC
(EV-PV)/BAC
AC/EAC
(EV-AC)/BAC

Correct Answer : AC/EAC
Q.29- Which of the following is not true regarding scope creep?
It is common late in projects
It is frequently unnoticed until time delays or cost overruns are observed
It wears down team motivation and cohesiveness
Project suppliers resent frequent changes

Correct Answer : It is common late in projects
Q.30- The content of the final report typically includes the following topics:
Lessons learned
Review and analysis
Recommendations
All the above are correct

Correct Answer : All the above are correct
Q.31- Many projects will fail because of circumstances beyond the control of the
project team is called:
Normal
Premature
Perpetual
Failed Project

Correct Answer : Failed Project
Q.32- In the Snapshot from Practice, New Balls Goes Flat in NBA, is an example of a
project gone wrong when the _______ is/are not consulted.
Manufacturer
Equipment and facilities managers
End-users
Project manager

Correct Answer : End-users
Q.33- Information on the project type, size, number of staff, and technology level
would be included in which section of the audit report?
Analysis
Recommendations
Classification of project
Lessons learned

Correct Answer : Classification of project
Q.34- Project mission and objectives, procedures and systems used, and organization
resources used typically appear in the _____ section of the final project report.
Analysis
Recommendations
Classification of project
Lessons learned

Correct Answer : Analysis
Q.35- The section of the final project report that new project teams are likely to find
most useful is the:
Analysis
Recommendations
Classification of project
Lessons learned

Correct Answer : Lessons learned
Q.36- Corrective actions that should take place (such as shifting to more resilient
building material) would typically appear in the _____ section of the final project
report.
Analysis
Recommendations
Classification of project
Lessons learned

Correct Answer : Recommendations
Q.37- The most common circumstance for project closure is:
Premature completion with some features eliminated
Project completion meeting costs, schedule, and quality
Project completion after modification of costs, schedule, or quality
Project termination due to technical difficulties

Correct Answer : Project completion after modification of costs, schedule,
or quality
Q.38- Project closures can fall into all of the following categories except:
Premature
Perpetual
Failed
All of these are categories for project closure

Correct Answer : All of these are categories for project closure
Q.39- In the Research Highlight, Chaos: Software Projects, the criterion which was
deemed the most important for project success was
Realistic expectations
Hard-working, focused staff
User involvement
Proper planning

Correct Answer : Proper planning
Q.40- ____________ begins with a review of the strategic intent of the project,
selection criteria, project charter, project objectives, project scope, and acceptance
criteriA)
Process Review
Project Overview
Analysis
Recommendations

Correct Answer : Process Review
Q.41- More and more companies are discarding the traditional superior-subordinate
performance feedback process and replacing it with:
Critical incidences review
Management by objectives
The 360-degree feedback
Both B and C are correct

Correct Answer : Critical incidences review
Q.42- In organizations where projects are managed within a ____________, the team
member's area manager, not the project manager, is responsible for assessing
performance.
Functional organization
Matrix organization
Flat organization
Both A and C are correct

Correct Answer : Functional organization
Q.43- Performance evaluations of project teams should:
Provide the basis for individual development
Provide the basis for participation on future projects
Provide the basis for salary increases
Both A and C are correct

Correct Answer : Both A and C are correct
Q.44- McDonald's is creating a multinational distribution system for all of its foreign
and domestic subsidiaries. The project manager is from the corporate headquarters
and he manages teams from each of the countries involved. The project would be
classified as
Global
Overseas
Local
Domestic

Correct Answer : Global
Q.45- The major issues dealing with international project management include all of
the following except:
Selection and training of personnel for international projects
Foreign currency exchange rates
Location of international expansion
Environmental factors

Correct Answer : Foreign currency exchange rates
Q.46- The growing presence of the Russian Mafia has discouraged many foreign
firms from setting up operations in the former Soviet Union. This is an example of
which of the following environmental factors?
Security
Economic
Cultural
Legal/political

Correct Answer : Security
Q.47- An information systems specialist reported that his performance on a project in
Northern Sweden declined due to sleep deprivation during the summer months in
which there was 20 hours of daylight each day. This is an example of which of the
following environmental factors
Cultural
Legal/political
Geographic
Economic

Correct Answer : Geographic
Q.48- Needs for a project could include telecommunications, transportation, power,
and availability of technically skilled talent. This is an example of which of the
following environmental factors?
Geographic
Infrastructure
Economic
Legal/political

Correct Answer : Infrastructure
Q.49- Which of the following can help a project manager to digest, clarify, and
understand the factors leading to the selection of a specific project?
Risk matrix
Priority matrix
Responsibility matrix
Gantt chart

Correct Answer : Risk matrix
Q.50- American project managers have earned a reputation abroad for being very
good at understanding technology but not good at understanding:
Cultures
People
Local traditions
Local business practices

Correct Answer : People
Q.51- Kluckhohn -Strodtbeck's cross-cultural framework includes all of the following
except
Perception of God
Relation to nature
Time orientation
Basic nature of people

Correct Answer : Perception of God
Q.52- The Hofstede framework includes all of the following dimensions except:
Masculinity-feminity
Uncertainty avoidance
Power distance
All of these are included in the Hofstede framework

Correct Answer : All of these are included in the Hofstede framework
Q.53- The significance of personal relationships has created a system in which
Mexicans are obligated to give preference to relatives and friends when hiring,
contracting, procuring, and sharing business opportunities. This system is referred to
as:
Manana
Gringo
Compadre
Quid pro quo

Correct Answer : Compadre
Q.54- Which of the following is not contained in the Assessment Matrix Project Site
Selection?
Political stability
Worker skill, supply
Infrastructure
Utilities

Correct Answer : Utilities
Q.55- Which of the following is not true for French values?
They value punctuality
Great importance is placed on neatness and taste
The French are easy to negotiate with
French managers see work as an intellectual exercise

Correct Answer : The French are easy to negotiate with
Q.56- A sense of frustration in not being understood is typical of which of the
following stages of culture shock?
Honeymoon
Gradual adjustment
Irritability and hostility
Repatriation

Correct Answer : Honeymoon
Q.57- When you begin to lose confidence in your abilities to communicate and work
effectively in the different culture, you are in which of the following stages of culture
shock?
Honeymoon
Gradual adjustment
Irritability and hostility
Repatriation

Correct Answer : Irritability and hostility
Q.58- Which film project was reviewed in a Snapshot from Practice?
The Godfather
Star Wars
Hearts of Darkness
Apocalypse Now

Correct Answer : Apocalypse Now
Q.59- A Project office ______________.
Consists of all the personnel who work for the project.
Consists of the entire project team.
Is intended to assist the project manager in carrying out his duties.
Consist of a part of the project team only.

Correct Answer : Is intended to assist the project manager in carrying out
his duties.
Q.60- Replacing worn out with new equipment to reduce operating costs, increase the
yield, and improve quality is _________________.
Mandatory Investment
Replacement Investment
Expansion Investment
Diversification Investment

Correct Answer : Replacement Investment
Q.61- A capital expenditure required to comply with statutory requirement is known
as________.
Mandatory Investment
Replacement Investment
Expansion Investment
Diversification Investment

Correct Answer : Mandatory Investment
Q.62- Aiming at producing new product or services or entering into new geographical
areas is ______________.
Mandatory Investment
Replacement Investment
Expansion Investment
Diversification Investment

Correct Answer : Diversification Investment
Q.63- The amount of time an activity can be delayed and yet not delay the project is
termed
Total slack
Free slack
Critical float
Float pad

Correct Answer : Total slack
Q.64- An item on a project network is Design Software Completed. This is best
described as a(n)
Event
Path
Activity
Node

Correct Answer : Event
Q.65- Which of the following represents an activity on an AON project network?
An arrow
A line
A node
Both A and B are correct

Correct Answer : A node
Q.66- Project costs are typically viewed from all of the following except:
Scheduled
Sunk
Actual
Committed

Correct Answer : Sunk
Q.67- Increasing the capacity to cater to a growing demand is known as
____________.
Mandatory Investment
Replacement Investment
Expansion Investment
Diversification Investment

Correct Answer : Expansion Investment
Q.68- Developing new products and processes which would sharpen the technological
edge of the firm is__________.
Mandatory Investment
R&D Investments
Expansion Investment
Diversification Investment

Correct Answer : R&D Investments
Q.69- _______________ represents a catch-all category that includes items like
interior decoration, recreational facilities, and landscaped gardens.
Mandatory Investment
R&D Investments
Miscellaneous Investment
Diversification Investment

Correct Answer : Miscellaneous Investment
Q.70- Analyzing the aggregate demand for the proposed product and the market share
of the product is known as ___________.
Technical Analysis
Market Analysis
Financial Analysis
Economic Analysis

Correct Answer : Market Analysis
Q.71- Analyzing the technical and engineering aspects of a project is
______________.
Technical Analysis
Market Analysis
Financial Analysis
Economic Analysis

Correct Answer : Technical Analysis
Q.72- Analyzing whether the project will meet the servicing debt and satisfy the
return expectations of those who provide the capital is known as ___________.
Technical Analysis
Market Analysis
Financial Analysis
Economic Analysis

Correct Answer : Financial Analysis
Q.73- ____________ is referred to as social cost and benefits of a project.
Technical Analysis
Market Analysis
Financial Analysis
Economic Analysis

Correct Answer : Economic Analysis
Q.74- Analyzing the likely damage caused by the project to the environment is called
as ______________.
Technical Analysis
Market Analysis
Financial Analysis
Ecological Analysis

Correct Answer : Ecological Analysis
Q.75- Capital budgeting is a complex process which may be divided into six broad
phases as follows.
Planning, Analysis, Selection, Financing, Implementation and Review
Financing, Planning, Analysis, Selection, Implementation and Review
Selection, Planning, Analysis, Financing, Implementation and Review
Implementation, Planning, Analysis, Selection, Financing and Review

Correct Answer : Planning, Analysis, Selection, Financing,
Implementation and Review
Q.76- A detergent manufacturer gets into soap business. This is a ___________.
Concentration
Vertical Integration
Concentric Diversification
Conglomerate Diversification

Correct Answer : Concentric Diversification
Q.77- A firm gets into a new business which is unrelated to its existing business. This
is a _____________.
Concentration
Vertical Integration
Concentric Diversification
Conglomerate Diversification

Correct Answer : Conglomerate Diversification
Q.78- The sale of a business unit or plant of one firm to another is known as
________.
Concentration
Divestiture
Concentric Diversification
Conglomerate Diversification

Correct Answer : Divestiture
Q.79- When a business is consistently under-performing and there is no hope of
reviving or rehabilitating it within a reasonable period, then the best option available
with the business is ____________.
Concentration
Liquidation
Concentric Diversification
Conglomerate Diversification

Correct Answer : Liquidation
Q.80- Entering a new business that is different from the current business is _______.
Concentration
Divestiture
Diversification
Liquidation

Correct Answer : Diversification
Q.81- A shortage of well trained man power is one of the limitations of
____________.
Product Market
Capital Market
Labour Market
Consumer Market

Correct Answer : Labour Market
Q.82- Venture Capital mechanisms are weak and inadequate in the
_________________ in developing countries.
Product Market
Capital Market
Labour Market
Consumer Market

Correct Answer : Capital Market
Q.83- The technology and or the product is relatively new in the __________ stage of
the Product Life Cycle.
Decline stage
Rapid Growth stage
Pioneering Stage
Maturity Stage

Correct Answer : Pioneering Stage
Q.84- Under the stage __________________, the industry is more or less fully
developed, its growth rate is comparable to that of the economy as a whole
Decline stage
Growth stage
Pioneering Stage
Maturity Stage

Correct Answer : Maturity Stage
Q.85- With the satisfaction of demand, encroachment of new products, and changes in
consumer preferences, the product eventually enters into _______________.
Decline stage
Growth stage
Pioneering Stage
Maturity Stage.

Correct Answer : Decline stage
Q.86- Investment in the ___________ is likely to earn a high return and generate a
positive NPV
Decline stage
Growth stage
Pioneering Stage
Maturity Stage

Correct Answer : Growth stage
Q.87- Investment in the ___________ may earn average return and the NPV is neutral
Decline stage
Growth stage
Pioneering Stage
Maturity Stage

Correct Answer : Maturity Stage
Q.88- A decennial publication of the Government of India which provides information
on population, demographic characteristics, family size is __________.
Census of India
National Sample Survey Reports
Plan Reports
Statistical Abstract of the Indian Union

Correct Answer : Census of India
Q.89- ______________ is issued by the Cabinet Secretariat, Government of India, on
economic and social aspects like patterns of consumption, distribution of households
by the size of consumer expenditure, distribution of industries and the characteristics
of the economically active population.
Census of India
National Sample Survey Reports
Plan Reports
Statistical Abstract of the Indian Union

Correct Answer : National Sample Survey Reports
Q.90- ___________ is issued by the Planning Commission on the wealth information
of plan proposals, targets, actual outlays, accomplishments etc.
Census of India
National Sample Survey Reports
Plan Reports
Statistical Abstract of the Indian Union

Correct Answer : Plan Reports
Q.91- ________________ is an annual publication of the Central Statistical
Organisation, providing the demographic information, estimates of national income,
and agricultural and industrial statistics.
Census of India
National Sample Survey Reports
Plan Reports
Statistical Abstract of the Indian Union

Correct Answer : Statistical Abstract of the Indian Union
Q.92- An annual Publication of the Ministry of Information and Broadcasting, it
provides a wide range of information on economic and other aspects is known as
_______________.
Annual Survey of Industries
Economic Survey
Statistical Year Book
India Year Book

Correct Answer : India Year Book
Q.93- An annual publication of the United Nations which provides world statistics
relating to various aspects like population, demography, gross domestic production,
international trade etc is_____________.
Annual Survey of Industries
Economic Survey
Statistical Year Book
India Year Book

Correct Answer : Statistical Year Book
Q.94- ____________ is an annual publication of the ministry of finance, providing the
latest data on industrial production, wholesale prices, exports, agricultural production,
national income etc
Annual Survey of Industries
Economic Survey
Statistical Year Book
India Year Book

Correct Answer : Economic Survey
Q.95- _________ is an annual publication of the Central Statistical Organisation
which provides various aspects of industry like number of units, state wise
distribution, average number of working days, employment, materials consumption,
quantity of products etc.
Annual Survey of Industries
Economic Survey
Statistical Year Book
India Year Book

Correct Answer : Annual Survey of Industries
Q.96- ___________ is an annual publication which gives a detailed review of
industries and provides information about new items manufactured for the first time in
India and the list of protected industries.
Annual Reports of the Development Wing, Ministry of Commerce and Industry
Annual Bulletin of Statistics of Exports and Imports
Techno-Economic Surveys
Industry Potential Surveys

Correct Answer : Annual Reports of the Development Wing, Ministry of
Commerce and Industry
Q.97- ____________ is an annual publication of Ministry of Commerce which
provides data on imports and exports for a very large number of items and as per
international classification
Annual Reports of the Development Wing, Ministry of Commerce and Industry
Annual Bulletin of Statistics of Exports and Imports
Techno-Economic Surveys
Industry Potential Surveys

Correct Answer : Annual Bulletin of Statistics of Exports and Imports
Q.98- ______________ is conducted by The National Council of Applied Economic
Research for various states.
Annual Reports of the Development Wing, Ministry of Commerce and Industry
Annual Bulletin of Statistics of Exports and Imports
Techno-Economic Surveys
Industry Potential Surveys

Correct Answer : Techno-Economic Surveys
Q.99- ___________ is conducted and published by Industrial Development Bank of
India in consortium with other financial institutions.
Annual Reports of the Development Wing, Ministry of Commerce and Industry
Annual Bulletin of Statistics of Exports and Imports
Techno-Economic Surveys
Industry Potential Surveys

Correct Answer : Industry Potential Surveys
Q.100- __________ is published by Bombay Stock Exchange which provides a ten-
year picture of performance and financial statements for all listed companies
The Stock Exchange Directory
Monthly Studies of Production of Selected Industries
Monthly Bulletin of Reserve Bank of India
Publication of Advertising Agencies

Correct Answer : The Stock Exchange Directory
Q.101- _____________ is a monthly publication of Central Statistical Organization
which provides All-India data on production, number of units installed, capacity,
state-wise break-up, stock level etc, for several selected industries.
The Stock Exchange Directory
Monthly Studies of Production of Selected Industries
Monthly Bulletin of Reserve Bank of India
Publication of Advertising Agencies

Correct Answer : Monthly Studies of Production of Selected Industries
Q.102- ____________ provides information on production indices, prices, balance of
payment position, exchange rates, etc.
The Stock Exchange Directory
Monthly Studies of Production of Selected Industries
Monthly Bulletin of Reserve Bank of India
Year Book of Fishery Statistics

Correct Answer : Monthly Bulletin of Reserve Bank of India
Q.103- ____________ is an annual publication of FAO, United Nations Organisation
The Stock Exchange Directory
Monthly Studies of Production of Selected Industries
Monthly Bulletin of Reserve Bank of India
Year Book of Fishery Statistics

Correct Answer : Year Book of Fishery Statistics
Q.104- _____________ involves soliciting the opinions of a group of managers on
expected future sales and combining them into sales estimate
Jury of Executing Opinion Method
Delphi Method
Trend Projection Method
Exponential Smoothing Method

Correct Answer : Jury of Executing Opinion Method
Q.105- __________ is used for eliciting the opinions of a group of experts with the
help of a mail survey.
Jury of Executing Opinion Method
Delphi Method
Trend Projection Method
Exponential Smoothing Method

Correct Answer : Delphi Method
Q.106- ____________ involves determining the trend of consumption by analysing
past consumption statistics and projecting future consumption by extrapolating the
trend.
Jury of Executing Opinion Method
Delphi Method
Trend Projection Method
Exponential Smoothing Method

Correct Answer : Trend Projection Method
Q.107- Under ___________ , forecasts are modified in the light of observed errors.
Jury of Executing Opinion Method
Delphi Method
Trend Projection Method
Exponential Smoothing Method

Correct Answer : Exponential Smoothing Method
Q.108- Under this ___________, the potential sales of a product may be estimated by
applying a series of factors to a measure of aggregate demand.
Chain Ratio Method
Consumption Level Method
Leading Indicator Method
Econometric Method

Correct Answer : Chain Ratio Method
Q.109- ___________ is useful for a product to estimate consumption level on the
basis of elasticity coefficients.
Chain Ratio Method
Consumption Level Method
Leading Indicator Method
Econometric Method

Correct Answer : Consumption Level Method
Q.110- ___________ is a mathematical representation of economic relationships
derived from economic theory
Chain Ratio Method
Consumption Level Method
Leading Indicator Method
Econometric Method

Correct Answer : Econometric Method
Q.111- ___________ is developed by Frank Bass, which seeks to estimate the pattern
of sales growth for new products in terms of two factors such as the coefficient of
innovation and the coefficient of imitation
Chain Ratio Method
Consumption Level Metho
Base Diffusion Model
Econometric Method

Correct Answer : Base Diffusion Model
Q.112- ___________ is suitable for estimating the demand for intermediate products
which is also called as the consumption coefficient method.
Chain Ratio Method
Consumption Level Method
End Use Method
Econometric Method

Correct Answer : End Use Method
Q.113- _________ shows the general relationship between equipments, buildings, and
civil works.
General functional layout
Utility consumption layout
Organisational layout
Plant layout

Correct Answer : General functional layout
Q.114- __________ shows the principal consumption points of utilities and their
required quantities and qualities.
General functional layout
Utility consumption layout
Organisational layout
Plant layout

Correct Answer : Utility consumption layout
Q.115- ____________ shows the organisational set up of the project along with
information on personnel required for various departments and their inter-
relationships
General functional layout
Utility consumption layout
Organisational layout
Plant layout

Correct Answer : Organisational layout
Q.116- _________ is concerned with the physical layout of the factory.
General functional layout
Utility consumption layout
Organisational layout
Plant layout

Correct Answer : Plant layout
Q.117- ___________ shows the flow of materials, utilities, intermediate products,
final products, by-products, and emissions.
General functional layout
Utility consumption layout
Material Flow Diagram
Plant layout

Correct Answer : Material Flow Diagram
Q.118- ____________ show how the production would progress along with the main
equipments
General functional layout
Utility consumption layout
Organisational layout
Production Line Diagrams

Correct Answer : Production Line Diagrams
Q.119- _______ shows the distances and means of transport outside the production
line
General functional layout
Utility consumption layout
Transport layout
Production Line Diagrams

Correct Answer : Transport layout
Q.120- ________ shows how the various parts of the project will be connected with
telephone, intercom, etc.
General functional layout
Communication layout
Organisational layout
Production Line Diagrams

Correct Answer : Communication layout
Q.121- The contribution made by the equity share holders is known as ____________
Deferred credit
Debenture capital
Preference capital
Equity capital

Correct Answer : Equity capital
Q.122- The contribution made by the preference shareholders is known as _________.
Deferred credit
Debenture capital
Preference capital
Equity capital

Correct Answer : Preference capital
Q.123- The funds raised by way of issuing debentures is known as __________.
Deferred credit
Debenture capital
Preference capital
Equity capital

Correct Answer : Debenture capital
Q.124- The deferred payment facility offered by the supplied of fixed assets is known
as ___________.
Deferred credit
Debenture capital
Preference capital
Equity capital

Correct Answer : Deferred credit
Q.125- The amount invested in fixed assets is __________.
Working capital
Fixed capital
Share capital
Borrowed capital

Correct Answer : Fixed capital
Q.126- The amount invested in total current assets is ___________.
Gross Working capital
Fixed capital
Share capital
Net Working capital

Correct Answer : Gross Working capital
Q.127- The excess of current assets over current liabilities is known as _________.
Gross Working capital
Fixed capital
Share capital
Net Working capital

Correct Answer : Net Working capital
Q.128- ____________ is the length of time required to recover the initial cash outlay
of the project
Payback period
Net present value
Accounting rate of return
Internal rate of return

Correct Answer : Payback period
Q.129- Internal rate of return
Discounted Payback period
Net present value
Accounting rate of return
Internal rate of return

Correct Answer : Discounted Payback period
Q.130- Working capital can be calculated as ____________.
Total of all current assets
Total assets less total liabilities
Current assets less current liabilities
Fixed assets less current assets

Correct Answer : Current assets less current liabilities
Q.131- The excess of current assets over current liability is known as __________.
Debts
Investment
Capital
Net working capital

Correct Answer : Net working capital
Q.132- The assets which can be converted into cash with in a period of one year is
known as ____________.
Current assets
Fixed assets
Fictitious assets
Leased assets

Correct Answer : Current assets
Q.133- The liabilities which are payable with in a period of one year is known as
____________.
Current liabilities
Fixed liabilities
Net liabilities
Contingent liabilities

Correct Answer : Net liabilities
Q.134- Which one of the following discipline reveals the interrelationship between
human biological factors and the natural environment
Endomology.
Andrology.
Entomology.
Ecology.

Correct Answer : Ecology.
Q.135- Primary treatment of effluents is aimed at removing the _______________.
Proteins, carbohydrates, and fats by using suitable mechnical devices
Undesirable inorganic or organic matter by suitable mechanical devices
Organic matter using chemical precipitation method
None of the above

Correct Answer : Organic matter using chemical precipitation method
Q.136- A moving average is __________.
An example of time series model.
An example of cause and effect model.
when the variable being studied is expected to exhibit a steady trend over time
Both a.) and B) above

Correct Answer : Both a.) and B) above
Q.137- Dual economies are countries _________________.
with double capital and labor
with a modern manufacturing sector as well as traditional agriculture sector
that specialize in labor-intensive products more than capital-intensive products
with foreign-owned and domestically-owned capital

Correct Answer : with a modern manufacturing sector as well as
traditional agriculture sector
Q.138- Macbride report was also known as _____________.
One voice
Many voices
Many voices one world
One voice one world

Correct Answer : Many voices one world
Q.139- If a company wants the advantage of no ad competition within the same
medium when picking a media form for advertising, they would choose direct mail.
True
False

Correct Answer : True
Q.140- Good Public Relation indicates:
Improved marketing skills
Improved brand image
Improved customer service
All of these

Correct Answer : All of these
Q.141- Effective Public Relations introduces the management function dealing with:
Putting a positive \"spin\" on bad news.
Altering perceptions and manufacturing consent.
Professional subterfuge and deception.
Relationships between organizations and stakeholders.

Correct Answer : Relationships between organizations and stakeholders.
Q.142- One of the functions of advertising is to head off unfavorable rumors, stories,
and events that might negatively impact a firm and its goods and services.
True
False

Correct Answer : False
Q.143- Public relations are often described as a marketing stepchild because of its
limited and scattered use.
True
False

Correct Answer : True
Q.144- According to the text, what is the major difference between publicity and
advertising?
Publicity identifies the source, thus the term \"good publicity\"
The practitioner controls advertising but not publicity
Publicity targets multiple publics while advertising targets only consumers
Advertising supports marketing while publicity supports public relations

Correct Answer : The practitioner controls advertising but not publicity
Q.145- The specialized part of corporate public relations that interacts with
shareholders and the financial community is which of the following?
Accounting
Issues management
Investor relations
Public affairs

Correct Answer : Investor relations
Q.146- Top management tends to leave public relations in the hands of the
__________ and assumes a relatively passive role, often so they can "get back to
business."
Expert prescriber
Communication technician
Communication facilitator
Problem - solving process facilitator

Correct Answer : Expert prescriber