Mgmt625 Quiz No. 2 Announcement

Quiz No. 2
Dated:
Nov 08, 10

ONLINE QUIZ NO. 2 ANNOUNCEMENT

Quiz will Cover Video Lecture No. 1 to 16

Schedule

Opening Date and Time:

11-11-2010 At 12:00 AM (Mid-Night)

Closing Date and Time:

12-11-2010 At 11:59 PM (Mid-Night)

Note that 24 Hours Extra Time is Not Available

Dear Students!

Read the following instructions carefully before attempting the Quiz.Instructions

1.
You have to attempt the quiz online from 11-11-2010 to 12-11-2010. You can start attempting the quiz any time within given dates by clicking the quick link for Quiz on VULMS as it will become enabled within the mentioned dates. As soon as the time will be over, it will automatically be disabled and will not be available to attempt.

2.
Quiz will be based upon Multiple Choice Questions (MCQs), Covering Video Lecture 1 to 16.

3.
Each question has a fixed time of 90 seconds. So you have to save your answer before 90 seconds. But due to unstable internet speeds, it is recommended that you should save your answer within 60 seconds. While attempting a question, keep an eye on the remaining time.

4.
Attempting quiz is unidirectional. Once you move forward to the next question, you can not go back to the previous one. Therefore before moving to the next question, make sure that you have selected the best option.

5.
DO NOT
press back button while attempting a question; otherwise you will lose that question.

6.
DO NOT
refresh the page unnecessarily.

7.
DO NOT
try to disable "JavaScript" in your browser; otherwise you will not be able to attempt the quiz.

8.
If for any reason, you lose access to internet (like power failure or disconnection of internet), you will be able to attempt the quiz again from the position where you left in last attempt. But remember that you have to complete the quiz before expiry of the deadline.

9.
If any student failed to attempt the quiz within given time limit, then no re-take or offline quiz will be held.

Fin621 Quiz No. 2

Question # 1 of 15 ( Start time: 03:55:07 AM ) Total Marks: 1
Which of the following account would NOT be closed to the income summary account at the end of a period?
Select correct option:

Rent expense
Revenue earned
Wages expense
Accumulated depreciation

Question # 2 of 15 ( Start time: 03:55:30 AM ) Total Marks: 1
Which of the following is not true about the "Account"?
Select correct option:

Accounts are only prepared by the business entities
Account always reflects the amount of the single transaction only
Account is effected both by economic and non economic events
All of the given options

Question # 3 of 15 ( Start time: 03:55:53 AM ) Total Marks: 1
An entry that effects more than one accounts is knows as _____________.
Select correct option:

Journal entry
Compound entry
Adjusting entry
Reversing entry

Question # 4 of 15 ( Start time: 03:56:20 AM ) Total Marks: 1
In statement of cash flows, which of the following would not be considered an item from an "investing" activity?
Select correct option:

Collections on loan
Purchase of marketable securities
Purchase of fixed assets
Payments of dividends

Question # 5 of 15 ( Start time: 03:57:10 AM ) Total Marks: 1
When preparing a statement of cash flows under the indirect method, supplemental disclosure should be made for which of the following?
Select correct option:

Net cash consumed by operating activities
Cash dividend distributions
Cash paid for interest and taxes
Cash paid for wages

Question # 6 of 15 ( Start time: 03:58:38 AM ) Total Marks: 1
Which of the following is a special temporary account used to close all of the revenue and expense accounts?
Select correct option:

Close-out Summary
Owner's Capital
Income Summary
Temporary Summary

Question # 7 of 15 ( Start time: 03:59:03 AM ) Total Marks: 1
Company XYZ purchases Machinery on credit; Journal entry would be:
Select correct option:

Accounts Payable debit; Machinery Credit
Accounts Receivable debit; Machinery Credit
Machinery Debit; Accounts Payable credit
Machinery Debit; Accounts Receivable credit

Question # 8 of 15 ( Start time: 03:59:42 AM ) Total Marks: 1
On November 30, 2008 ABC Company borrowed Rs. 4,000 from bank by issuing an interest-bearing note payable. This loan is to be paid in three months along with interest computed at an annual rate of 9%. What will be the entry on Nov 30 to record this borrowing?
Select correct option:

Cash – Debit; Notes payable – Credit
Notes payable – Debit; Cash – Credit
Interest expense – Debit; Cash – Credit
Interest payable – Debit; Notes payable - Credit

Question # 9 of 15 ( Start time: 04:00:44 AM ) Total Marks: 1
Closing entries result in net income being calculated in the income summary account and then transferred to which of the following account?
Select correct option:

Revenue account
Common Stock account
Dividends account
Retained Earnings account

Question # 10 of 15 ( Start time: 04:01:09 AM ) Total Marks: 1
Net current assets are equivalent to:
Select correct option:

Stock plus debtors plus cash
Current liabilities less current assets
Working capital
Fixed assets plus current assets less current liabilities

Question # 11 of 15 ( Start time: 04:01:36 AM ) Total Marks: 1
Assets of the business are valued and recorded at cost in the financial statement as these are not for resale purposes, according to which of the following?
Select correct option:

Going concern assumption
Cost Principle
Separate entity principle
Objectivity principle

Question # 12 of 15 ( Start time: 04:01:52 AM ) Total Marks: 1
Which of the following is the third step of accounting cycle?
Select correct option:

Preparing financial statements
Preparing trial balance
Posting
Making adjusting entries

Question # 13 of 15 ( Start time: 04:02:13 AM ) Total Marks: 1
The right side of an account is a:
Select correct option:

Debit side
Credit side
Balance of that account
Carried to the next accounting period

Question # 14 of 15 ( Start time: 04:02:26 AM ) Total Marks: 1
How the transactions in a journal are initially recorded?
Select correct option:

Alphabetical order
Ascending order
Chronological order
Alphanumeric order

Question # 15 of 15 ( Start time: 04:02:43 AM ) Total Marks: 1
Which of the following is the next step after the preparation of trial balance?
Select correct option:

Adjusted trial balance
Financial statements
Adjusting entries
Closing entries

Question # 1 of 15 ( Start time: 02:40:03 PM ) Total Marks: 1
A journal entry that has more than one debit or credit is known as:
Select correct option:

1. Double entry
2. Multiple entry
3. Compound entry page#8
4. None of the given option



Question # 2 of 15 ( Start time: 02:41:04 PM ) Total Marks: 1
In the long run, a business must generate positive net cash flow from which of the
following activities, if it is to survive?
Select correct option:

1. Investing activities
2. Financing activities
3. Operating activities
4. Non cash activities

Question # 3 of 15 ( Start time: 02:41:49 PM ) Total Marks: 1
Which of the following is the next step after the preparation of trial balance?
Select correct option:

1. Adjusted trial balance
2. Financial statements
3. Adjusting entries
4. Closing entries

Question # 4 of 15 ( Start time: 02:42:14 PM ) Total Marks: 1
A business has purchased a building on cash, how it would be recorded in the journal?
Select correct option:

1. Building - Debit; Cash - Credit
2. Cash - Debit; Building - Credit
3. Building - Debit; Owner's equity - Credit
4. Building - Debit; Accounts Payable - Credit

Question # 5 of 15 ( Start time: 02:42:36 PM ) Total Marks: 1
Decision makers compare net income to net cash from operating activities. To make these
amounts more comparable, the same accounts are included in each. The following accounts are used to compute both net income and net cash from operating activities EXCEPT:
Select correct option:

1. Dividends declared and paid
2. Dividend revenue
3. Interest expense
4. Interest revenue

Question # 6 of 15 ( Start time: 02:42:58 PM ) Total Marks: 1
Which of the following is the adjustment that is added during the reconciliation of net income to operating cash flows in indirect method?
Select correct option:

1. An increase in Accounts Receivable
2. An increase in Prepaid Expenses
3. Gain on sale of capital assets
4. Amortization Expense


Question # 7 of 15 ( Start time: 02:43:12 PM ) Total Marks: 1
The appropriate journal entry to record equipment depreciation expense would consist of a debit to Depreciation Expense and a credit to which of the following accounts?
Select correct option:

1. Equipment
2. Accumulated Depreciation: Equipment
3. Retained Earnings
4. Cash

Question # 8 of 15 ( Start time: 02:43:31 PM ) Total Marks: 1
In statement of cash flows, interest payment made on loan from bank is related to:
Select correct option:

1. Investing activity
2. Financing activity
3. Operating activity

4. Net changes in working capital


Question # 9 of 15 ( Start time: 02:44:44 PM ) Total Marks: 1
Net current assets are equivalent to:
Select correct option:

1. Stock plus debtors plus cash
2. Current liabilities less current assets
3. Working capital
4. Fixed assets plus current assets less current liabilities


Question # 10 of 15 ( Start time: 02:45:14 PM ) Total Marks: 1
The Drawing account is closed by which of the following entry?
Select correct option:

1. Capital – Debit; Drawing - Credit
2. Drawing – Debit; Capital - Credit
3. Income Summary – Debit; Drawing - Crediting
4. Drawing – Debit; Income Summary - Crediting

Question # 11 of 15 ( Start time: 02:45:42 PM ) Total Marks: 1
Which of the following is the largest single expense of most merchandising firms?
Select correct option:

1. Cost of goods sold
2. Rent Expense
3. Amortization Expense
4. Salaries Expense


Question # 12 of 15 ( Start time: 02:46:03 PM ) Total Marks: 1
The right side of an account is a:
Select correct option:

1. Debit side
2. Credit side
3. Balance of that account
4. Carried to the next accounting period


Question # 13 of 15 ( Start time: 02:46:43 PM ) Total Marks: 1
How the transactions in a journal are initially recorded?
Select correct option:

1. Alphabetical order
2. Ascending order
3. Chronological order
4. Alphanumeric order

Question # 14 of 15 ( Start time: 02:47:08 PM ) Total Marks: 1
The income statement of the UBL shows the interest revenue of Rs. 6,000, and the amount of accrued interest receivable has increased from Rs. 3000 to Rs. 4000 during the year.
Calculate the amount of interest received.
Select correct option:

1. Rs. 7000
2. Rs. 5000
3. Rs. 8000
4. Rs. 1000

Question # 15 of 15 ( Start time: 02:47:30 PM ) Total Marks: 1
If a company has paid dividends on its preference shares, under which one of the cash flow
statement headings would they appear?
Select correct option:

1. Returns on investments and servicing of finance
2. Financing
3. Equity dividends paid
4. Capital investment and financial investment

CS401 Quiz No. 1 Solved

Question # 2 of 10 ( Start time: 11:52:37 AM ) Total Marks: 1

Size Mismatch Error is a syntax error

Select correct option:

False

True

)

Question # 3 of 10 ( Start time: 11:53:35 AM ) Total Marks: 1

Unconditional jump

Select correct option:

Execute in every condition whether true or false

If the condition is true

If the condition is false

None of the given

sec(s)

Question # 4 of 10 ( Start time: 11:54:53 AM ) Total Marks: 1

Bydefault CS is associated with

Select correct option:

SS

BP

CX

IP

sec(s)

Question # 5 of 10 ( Start time: 11:56:07 AM ) Total Marks: 1

Register whose each bit specify a different meaning is

Select correct option:

Accumulator Register

Pointer Register

Index register

Flag register

sec(s)

Question # 6 of 10 ( Start time: 11:57:07 AM ) Total Marks: 1

Which type of Rotation it is "Every bit moves one position to the right and the bit dropped from the right is inserted at

the eft. This bit is also copied into the carry flag."

Select correct option:

ROL

RCR

RCL

None of the given

sec(s)

Question # 7 of 10 ( Start time: 11:58:43 AM ) Total Marks: 1

Assembly languague is not a low level language.

Select correct option:

True

False

Click here to Save Answer & Move to Next Question

sec(s)

Question # 8 of 10 ( Start time: 11:59:32 AM ) Total Marks: 1

In JA jump is not taken after a CMP if the unsigned destination is larger than the unsigned source.

Select correct option:

True

False

sec(s)

Question # 9 of 10 ( Start time: 12:00:57 PM ) Total Marks: 1

Group of bits processor uses to inform memory which element to read/write is collectively known as

Select correct option:

Control bus

Data bus

Address bus

RAM

sec(s)

Question # 10 of 10 ( Start time: 12:03:07 PM ) Total Marks: 1

Memory to Memory operation is allowed

Select correct option:

True

False

sec(s)

Question # 1 of 10 ( Start time: 12:12:49 PM ) Total Marks: 1

90 is the op-code of

Select correct option:

Do nothing

Add

Subtract

Multiplication

sec(s)

Question # 2 of 10 ( Start time: 12:14:11 PM ) Total Marks: 1

we can not add two base register i.e. (bx+bp) or cant use in an instruction

Select correct option:

True

False

 

Question # 3 of 10 ( Start time: 12:15:09 PM ) Total Marks: 1

Intel follow

Select correct option:

Littel endian

Big endian

Both littel endian and big endian

None of the given

sec(s)

Question # 4 of 10 ( Start time: 12:15:30 PM ) Total Marks: 1

SHL and SAL are same

Select correct option:

True

False

sec(s)

Question # 5 of 10 ( Start time: 12:16:08 PM ) Total Marks: 1

Register whose each bit specify a different meaning is

Select correct option:

Accumulator Register

Pointer Register

Index register

Flag register

sec(s)

Question # 6 of 10 ( Start time: 12:16:35 PM ) Total Marks: 1

The first 16-bit processor produced by "Intel" was 8085

Select correct option:

True

False

sec(s)

Question # 6 of 10 ( Start time: 12:16:35 PM ) Total Marks: 1

The first 16-bit processor produced by "Intel" was 8085

Select correct option:

True

False

sec(s)

Question # 7 of 10 ( Start time: 12:17:49 PM ) Total Marks: 1

The extension of assembly languague file is

Select correct option:

.doc

.com

.lst

.asm

sec(s)

Question # 8 of 10 ( Start time: 12:18:15 PM ) Total Marks: 1

Bydefault CS is associated with

Select correct option:

SS

BP

CX

IP

sec(s)

Question # 9 of 10 ( Start time: 12:18:58 PM ) Total Marks: 1

When a large number is subtracted from a smaller number, a borrow is needed; in this case which flag will be set

Select correct option:

ZF

CF

SF

OF

sec(s)

Question # 2 of 10 ( Start time: 12:22:30 PM ) Total Marks: 1

All the addressing mechanisms in iAPX88 return a number called _____________ address.

Select correct option:

Effective address

Physical address

Direct address

None of the given

sec(s)

Question # 3 of 10 ( Start time: 12:23:35 PM ) Total Marks: 1

In direct addressing the memory address given in the instruction is

Select correct option:

Fixed

Variable

Register

sec(s)

Question # 4 of 10 ( Start time: 12:24:58 PM ) Total Marks: 1

Which type of shifting is "Inserts a zero from the left and moves every bit one position to the right and copies the

rightmost bit in the carry flag."

Select correct option:

SHL

SAL

SAR

None of the given

sec(s)

Question # 5 of 10 ( Start time: 12:26:21 PM ) Total Marks: 1

mov [1234],ax is an example of

Select correct option:

Direct addressing

Base register indirect

Base+index

None of the given

sec(s)

Question # 7 of 10 ( Start time: 12:28:26 PM ) Total Marks: 1

Registers are also called scratch pad ram

Select correct option:

True

False

sec(s)

Question # 10 of 10 ( Start time: 12:30:51 PM ) Total Marks: 1

we can not Subrtace index register from the base register( bx-si )in assemlby language

Select correct option:

True

False

sec(s)

Question # 1 of 10 ( Start time: 12:33:34 PM ) Total Marks: 1

Register are storage cell

Select correct option:

Outside the processor

Both inside and outside the processor

Inside the processor

None of the given

sec(s)

Question # 3 of 10 ( Start time: 12:34:01 PM ) Total Marks: 1

Bydefault CS is associated with

Select correct option:

SS

BP

CX

IP

 

Question # 7 of 10 ( Start time: 12:36:43 PM ) Total Marks: 1

In direct addressing the memory address given in the instruction is

Select correct option:

Fixed

Variable

Register

sec(s)

Question # 9 of 10 ( Start time: 12:37:36 PM ) Total Marks: 1

The basic function of register is to

Select correct option:

Hold the operand

Hold the operator

 

Hold both the operator and operand

None of the given

sec(s)

Question # 1 of 10 ( Start time: 12:40:52 PM ) Total Marks: 1

Instruction Pointer holds the address of the

Select correct option:

Previous instruction to be executed

Current instruction

Next instruction to be executed

None of the given

Click here to Save Answer & Move to Next Question

ec(s)

Question # 3 of 10 ( Start time: 12:41:27 PM ) Total Marks: 1

Register to Register Operation is not allowed

Select correct option:

True

False

sec(s)

Question # 4 of 10 ( Start time: 12:41:56 PM ) Total Marks: 1

Address is alway go from

Select correct option:

Processor to memory

Memory to processor

Memory to memory

None of the given

sec(s)

Question # 5 of 10 ( Start time: 12:42:28 PM ) Total Marks: 1

CX register mostly use a

Select correct option:

Counter register

Flag register

Base register

Desination register

sec(s)

Question # 7 of 10 ( Start time: 12:43:16 PM ) Total Marks: 1

The jump is taken if the last arithmetic operation changed the sign unexpectedly.

Select correct option:

JO

JNO

JNZ

JZ

sec(s)

Question # 8 of 10 ( Start time: 12:44:26 PM ) Total Marks: 1

In JA jump is not taken after a CMP if the unsigned destination is larger than the unsigned source.

Select correct option:

True

False

sec(s)

Question # 9 of 10 ( Start time: 12:45:35 PM ) Total Marks: 1

which type of rotation it is "The carry flag is inserted from the left, every bit moves one position to the right, and the

right most bit is dropped in the carry flag. "

Select correct option:

RCR

ROL

RCL

ROR

sec(s)

Question # 9 of 10 ( Start time: 12:45:35 PM ) Total Marks: 1

which type of rotation it is "The carry flag is inserted from the left, every bit moves one position to the right, and the

right most bit is dropped in the carry flag. "

Select correct option:

RCR

ROL

RCL

ROR

sec(s)

Question # 10 of 10 ( Start time: 12:51:00 PM ) Total Marks: 1

This jump is taken if the last arithmetic operation produced a number in its destination that has even parity , Which

jump is taken

Select correct option:

JP

JPE

JNP

both JP and JPE

 

In direct addressing the memory address given in the instruction is

Select correct option:  
 

 

  

 When a large number is subtracted from a smaller number, a borrow is needed; in this case which flag will be set 

Select correct option: 

ZF

CF

SF

OF

     

The extension of assembly languague file is 

Select correct option: 

 

.doc

.com

.lst

.asm

  

Assembly languague is not a low level language. 

Select correct option: 

True

False

 

The basic function of register is to 

Select correct option: 

 

Hold the operand

Hold the operator

Hold both the operator and operand

None of the given

  

All the addressing mechanisms in iAPX88 return a number called _____________ address. 

Select correct option: 

 

Effective address

Physical address

Direct address

None of the given

  

    

BP by default associated with 

Select correct option: 

 

CS

IP

SS

SP

  

    

  
 

 

SHL and SAL are same 

Select correct option: 

 

True

False

 

we can not Subrtace index register from the base register( bx-si )in assemlby language 

Select correct option: 

 

True

False

 

Group of bits processor uses to inform memory which element to read/write is collectively known as 

Select correct option: 

 

Control bus

Data bus

Address bus

RAM

 

Eco402 GDB Solution

There can not be any doubt in the minds of economists, sociologists, geologists or the general public that the earth does have only a finite amount of mineral resources such as coal and iron. During the past century, the demand of these resources increased over time however the prices of these natural resources have declined or remained roughly constant relative to overall prices. Why the price is not change rapidly?

Note: Your answer must not exceed 50 words.
................

Solution:

According to the rule of economics when demand increases price also increases but in this case we can not apply this formula because price is not increasing.because these resources are God gifted.these are increasing with time because with more latest technology and study and research about the hidden area of earth.

price only that time increase when supply decrease. in this case supply is increasing more rapidly than demand. so there is no change in price.

................

ECO 402 11 November last date

Market equilibrium (topic)
There can not be any doubt in the minds of economists, sociologists, geologists or the general public that the earth does have only a finite amount of mineral resources such as
coal and iron. During the past century, the demand of these resources increased over time however the prices of these natural resources have declined or remained roughly constant relative to overall prices. Why the price is not change rapidly?

Decrease in the cost of production has increased the supply by more than enough due to latest technology use now days. That is why the price of coal and iron is unchanged
or constant over the period of time. Second factor is their substitute like Furnas oil and natural gas for coal and for the iron new trend has developed by using plastic in
production like in automobile industry.

Mgt111 GDB

GDB MARKS 10:

Experience from the recent past reveals that the governments across the globe have devolved many of their functions to the local governments. On contrary, some functions have been transferred to private sector. Please discuss those exclusive roles of the government that make public administration a separate enterprise from private organizations.