Interview Tips Practice Question and Answer
7Q: Which of the following is a function of inventory? 9090 05b5cc696e4d2b4197774c560
5b5cc696e4d2b4197774c560- 1to take advantage of quantity discountsfalse
- 2to decouple various parts of the production processfalse
- 3to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demandfalse
- 4All the abovetrue
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Answer : 4. "All the above"
Explanation :
Answer: D) All the above Explanation: All the above given statements are functions of Inventory. Inventory or stock is the goods and materials that a business holds for the ultimate goal of resale. Inventory management is a discipline primarily about specifying the shape and placement of stocked goods. The primary function of inventory is to use marketing and production to increase profitability, to get the maximum amount for the business' investment. There are other functions of inventory, such as balancing supply and demand, improving efficiency, establishing a safety stock and geographical specialization.
Q: Off-duty risk decisions are 5053 05b5cc688e4d2b4197774c322
5b5cc688e4d2b4197774c322- 1Dictated by the Department of the Armyfalse
- 2The responsibility of individual Soldierstrue
- 3Made by leaders and commandersfalse
- 4Not a considerationfalse
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Answer : 2. "The responsibility of individual Soldiers"
Explanation :
Answer: B) The responsibility of individual Soldiers Explanation: Risk Management : A decision-making process for identifying hazards and controlling risks both on-duty and off-duty is called a Risk Management (RM). Hence, Off-duty risk decisions are the responsibility of individual Soldiers.
Q: Which of the following is not a RM principle? 2640 05b5cc67ee4d2b4197774c258
5b5cc67ee4d2b4197774c258- 1Apply the RM process to situations where serious injury might occurtrue
- 2Accept no unnecessary riskfalse
- 3Integrate RM into all phases of missions and activitiesfalse
- 4Make risk decisions at the appropriate levelfalse
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Answer : 1. "Apply the RM process to situations where serious injury might occur"
Explanation :
Answer: A) Apply the RM process to situations where serious injury might occur Explanation: Apply the RM process to situations where serious injury might occur is not a RM (Risk Management) principle. Risk Management :: A decision-making process for managing day-to-day schedules when there are conflicts.
Q: The average age of man and his son is 35 years. The ratio of their ages is 5:2 respectively. What is the son’s agepp 2607 05d130b64051ef00ddea20a95
5d130b64051ef00ddea20a95- 1bnmfalse
- 2vbnmfalse
- 3bnmtrue
- 4bnfalse
- 5bnmfalse
- 6vbnmfalse
- 7bnmtrue
- 8bnfalse
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Answer : 3. "bnm" 7. "bnm"
Q: The primary goal of financial management is to 2276 05b5cc6a6e4d2b4197774cd84
5b5cc6a6e4d2b4197774cd84- 1Expand their share of the marketfalse
- 2Maximize the current value per share of the existing stocktrue
- 3Examining whether costs are reasonable or unreasonablefalse
- 4All the abovefalse
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Answer : 2. "Maximize the current value per share of the existing stock"
Explanation :
Answer: B) Maximize the current value per share of the existing stock Explanation: The primary goals of financial management dwell on both short-term and long-term activities that seek to maximize value creation from scarce financial resources. And then the primary goal of financial management is to Maximize the current value per share of the existing stock. All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals. Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic principles of management in financial activities such as purchases, sales, capital expansion, inventory valuation, financial reporting, and profit distribution.
Q: A tank-full petrol in Veeru’s Car last for 20 days. If he starts using 25% more every day, how many days will the tank-full petrol last? 2164 05b5cc774e4d2b41977750020
5b5cc774e4d2b41977750020- 118 daysfalse
- 212 daysfalse
- 314 daysfalse
- 416 daystrue
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Answer : 4. "16 days"
Explanation :
Answer: D) 16 days Explanation: The analogy here is like this: Veeru has 20 lt of petrol and he uses 1 lt per each day and consumes it in 20 days. If he uses 1.25 lt every day, in how many days it will be consumed?We considered 1.25 lt here because it’s 25% more than 1 lt. The answer would be 20/1.25=16 days.
Q: Which of the following statements about financial aid are true? 2014 05b5cc619e4d2b4197774b72f
5b5cc619e4d2b4197774b72f- 1Financial aid is available to community college students.true
- 2Most high school varsity sports team members will receive an athletic scholarship.false
- 3Elite, private colleges don't offer financial aid packages.false
- 4Only children of unemployed parents can't qualify for financial aid.false
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Answer : 1. "Financial aid is available to community college students."
Explanation :
Answer: A) Financial aid is available to community college students. Explanation: