An audit committee has four fold relationship and therefore has to interact with management, internal auditor, public and

Question:

An audit committee has four fold relationship and therefore has to interact with management, internal auditor, public and

A.

Cost auditor

B.

Statutory auditor

C.

Tax auditor

D.

Management auditor

Answer» b. Statutory auditor

Note: The above multiple-choice question is for all general and Competitive Exams in India

When the price elasticity of demand is equal to one, the demand curve is

Question:

When the price elasticity of demand is equal to one, the demand curve is

A.

rectangular hyperbola

B.

parallel to the horizontal axis.

C.

parallel to the vertical axis

D.

negatively sloped straight line

Answer» a. rectangular hyperbola

Note: The above multiple-choice question is for all general and Competitive Exams in India

Which of the following models deals with the physical movement of goods fromdifferent supply origins to a number of different demand destinations?

Question:

Which of the following models deals with the physical movement of goods fromdifferent supply origins to a number of different demand destinations?

A.

Simulation

B.

Transportation

C.

Lean operations

D.

Line balancing

Answer» b. Transportation

Note: The above multiple-choice question is for all general and Competitive Exams in India

A contract creates

Question:

A contract creates

A.

jus in personam.

B.

jus in rem.

C.

only rights and no obligations.

D.

only obligations and no rights.

Answer» a. jus in personam.

Note: The above multiple-choice question is for all general and Competitive Exams in India

Quantity Theory of Money states that 3

Question:

Quantity Theory of Money states that 3

A.

Price Level is directly proportional to Money Supply

B.

Price Level is inversely proportional to Money Supply

C.

Price Level is not related to Money Supply

D.

Price Level is inversely related to Money Demand

Answer» a. Price Level is directly proportional to Money Supply

Note: The above multiple-choice question is for all general and Competitive Exams in India

…………… it is the form of the market in which the only seller of a commodity has fully control over the prices

Question:

…………… it is the form of the market in which the only seller of a commodity has fully control over the prices

A.

Monopoly

B.

Pure monopoly

C.

Simple monopoly

D.

All the three

Answer» b. Pure monopoly

Note: The above multiple-choice question is for all general and Competitive Exams in India