UGC NET Mock Test 20 on Commerce - 20 Questions for Practice

UGC NET Mock Test 20 on Commerce – 20 Questions for Practice

Take Test 20 20 questions for Practice – Commerce Test 20

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1. Demand must have the elements?

a.Want

b.Desire

c.Quantity, Price and Time

d.All of the above

2. Which of the following is not an assumption of theory X?

a.Most people must be coerced, controlled, directed and threatened with punishment to get them to put forth adequate effort.

b.An average human being has an inherent dislike of work and will avoid it if he can.

c.An average human being learns under proper conditions, not only to accept responsibility but also to seek it.

d.An average human being prefers to be directed, seeks to avoid responsibility, has relatively little ambition, and wants security above all.

3. Which of the following tests can be applied to ordinal scale data? (i) Chi-square test (ii) ‘Z’ test (iii) Kruskal-Wallis test (iv) Wilcoxon Mann-Whitney test

a.(i), (ii) and (iii)

b.(i), (ii) and (iv)

c.(ii), (iv) and (iii)

d.(i), (iii) and (iv)

4. Which of the following comes under efficiency ratios?

a.Inventory turnover ratio

b.Average collection period

c.Fixed assets turnover ratio

d.All of the above

5. If a network of interpersonal relationships that arise when people associate with each other is an informal organization, then find out which of the following is not an informal organization?

a.The “sixth floor” group

b.The “Friday evening bowling” gang

c.The “machine shop” group

d.Customers’ group

6. Identify from the following, the test statistic for which the value of numerator should always be greater than that of denominator.

a.‘Z’ value

b.‘F’ value

c.‘t’ value

d.‘Chi-square’

7. If there are 8 possible classes under consideration for goodness of-fit, the number of degrees of freedom will be ___?

a.8

b.Cannot be determined from the given information.

c.6

d.7

8. Social Balance Sheet shows ___?

a.All of the above

b.Social revenues

c.Social costs

d.Value of employees of the organisation

9. Which one is not the item of economic cost to the business?

a.Owner supplied resources.

b.Implicit costs.

c.Market supplied resources.

d.Non-monetary opportunity costs of using owner supplied resources.

10. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R): Assertion (A): Variance analysis is undertaken for planning and control of costs. Reason (R): Future costs are taken into consideration in budgeting and standard costing. In the above statements, which one alternative of the following is correct?

a.Both (A) and (R) are correct and (R) is the Reason for (A).

b.Both (A) and (R) are correct and (R) is not the Reason for (A).

c.(A) is correct, but (R) is wrong.

d.(A) is wrong, but (R) is correct.

11. In a linear equation, y = a + bx, ‘a’ refers to ___?

a.Y-intercept

b.Independent variable

c.Slope

d.Dependant variable

12. Which statistical test should be applied to test the effectiveness of ‘special coaching’ on the marks scored by the students?

a.Paired ‘t’ test

b.‘Chi-square’ test

c.‘F’ test

d.‘Z’ test

13. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Assertion (A): Only the relevant costs should be taken into consideration for decision making. Reason (R): All variable costs are relevant costs and all fixed costs are irrelevant costs. In the above statements, which one alternative of the following is correct?

a.Only (A) is correct, but (R) is wrong.

b.Only (R) is correct, but (A) is wrong.

c.Both (A) and (R) are correct.

d.Both (A) and (R) are wrong.

14. A leader who identifies what subordinates need to do to achieve objectives, clarify organizational roles and tasks, set up an organization structure, reward performance and provide for the social needs of their followers, is _____?

a.An autocratic leader

b.A transactional leader

c.A participative leader

d.A transformational leader

15. Assertion (A): Mark-up pricing is a method of determining price. Reason (R): P = ATC + (m × ATC) is the expression for that.

a.Both (A) and (R) are correct.

b.(A) is correct but (R) is not correct.

c.(R) is correct, but (A) is not correct.

d.Both (A) and (R) are not correct.

16. From the following, identify one situation where ‘F’ test cannot be used?

a.To test the hypothesis about a single population variance.

b.To test the hypothesis about two-population variance.

c.To compare more than two populations means.

d.To study about randomized block design.

17. Which of the following tests can be based on the normal distribution?

a.Difference between independent means

b.All of the above

c.Difference between dependant means

d.Difference between proportions

18. The managerial function of organizing involves?

a.Establishing programme for the accomplishment of objectives.

b.Creating structure of functions and duties to be performed.

c.Getting things done through others.

d.Reviewing and adjusting plan in the light of changing conditions.

19. Which among the following is the most popular approach for accomplishing the results?

a.Management by objectives

b.Management by exception

c.Mentor system

d.Reward system

20. The Learner Index measures?

a.Price-Marginal cost

b.Market power

c.None of the above

d.Price

Also See :

UGC NET Mock Test 1 on Commerce
UGC NET Mock Test 2 on Commerce
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UGC NET Mock 20 on Commerce – 20 Questions for Practice

UGC NET Mock Test 20 on Commerce – 20 Questions for Practice

Take Test 20 20 questions for Practice – Commerce Test 20

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