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Common University Entrance Test (UG)

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6 Views

Question : Where will you show purchase of intangible assets in a Cash Flow Statement?

Option 1: Shown as outflow under 'Cash flows from investing activities'.

Option 2: Shown as outflow under 'Cash flows from operating activities'.

Option 3: Shown as inflow under 'Cash flows from investing activities'.

Option 4: None of the above

Team Careers360 26th Jan, 2024

Correct Answer: Shown as outflow under 'Cash flows from investing activities'.


Solution : Answer = Shown as outflow under 'Cash flows from investing activities'.

The purchase of intangible assets would be shown as an outflow under "Cash flows from investing activities" in the Cash Flow Statement because it represents an investment in assets that are not physical in nature and are expected to generate future economic benefits.
Hence, the correct option is 1.

5 Views

Question : Modern agriculture often relies on:  

 

Option 1: Hand tools  

 

Option 2: Organic farming methods  
 

Option 3: Advanced technology and machinery  

 

Option 4: Traditional irrigation methods  

Team Careers360 26th Jan, 2024

Correct Answer: Advanced technology and machinery  

 


Solution : Modern agriculture often relies on advanced technology and machinery, such as tractors, irrigation systems, and genetically modified seeds, to increase efficiency and productivity.

 

4 Views

Question : How did the oral tradition contribute to the preservation of the Mahabharata?

Option 1: By maintaining architectural structures 

 

Option 2: By ensuring accurate transmission through generations

Option 3: By preserving technological knowledge 

Option 4: By codifying legal systems  

Team Careers360 26th Jan, 2024

Correct Answer: By ensuring accurate transmission through generations


Solution : The oral tradition contributed to the preservation of the Mahabharata by ensuring accurate transmission through generations, allowing the text to be passed down before being written down.

1 View

Question : Rent paid during the year Rs 13,000 compute rent for the year ended 31st March 2021 from the following 

  March 2020  March  2021
Outstanding Rent Rs 1600   Rs 1400
Prepaid- rent Rs 800 Rs 1000

                                       

Option 1: Rs 13,000

Option 2: Rs 12,800

Option 3: Rs 12,600

Option 4: Rs 12,400

Team Careers360 26th Jan, 2024

Correct Answer: Rs 12,600


Solution : Calculation of the amount credited to the Income and Expenditure account.
Rent Paid                 = 13000
(+) o/s (2021)            = 1400
                                  _____
                                  14400
(-) o/s (2020)              1600
                                  _______
                                 12800
(-) Advance (2021)    (1000)

                                   _____
                                   11800
(+) Advance (2020)        800
                                   ______
Income and                  12600

Exp.A/C
Answer = Rs 12,600.
Hence, the correct option is 3.

5 Views

Question : How can media serve as a platform for social change initiatives?
     

Option 1: By prioritizing entertainment content
 

Option 2: By highlighting social issues and advocacy campaigns
  

Option 3: By avoiding controversial topics

     

Option 4: By focusing solely on commercial interests

Team Careers360 27th Jan, 2024

Correct Answer: By highlighting social issues and advocacy campaigns
  


Solution : Media can serve as a platform for social change initiatives by highlighting social issues and advocacy campaigns, thereby raising awareness and mobilizing support for change.

 

6 Views

Question : A key aspect of psychodynamic therapy is its focus on:

 

Option 1:  Immediate behavioral changes

 

 

Option 2: The role of unconscious processes in behavior

Option 3: The use of medications to treat symptoms

Option 4: Group dynamics and social interactions

Team Careers360 26th Jan, 2024

Correct Answer: The role of unconscious processes in behavior


Solution :  A key aspect of psychodynamic therapy is its focus on the role of unconscious processes in behavior, which helps clients understand the deeper motivations and conflicts underlying their thoughts and actions.

 

8 Views

Question : Statement 1: A matrix organizational structure enhances cross-functional collaboration.

Statement 2: It involves a tall hierarchy with multiple layers of management.

 

Option 1: Statement 1 is true, and Statement 2 is false.

Option 2: Statement 1 is false, and Statement 2 is true.

Option 3: Both Statement 1 and Statement 2 are true.

Option 4: Both Statement 1 and Statement 2 are false.

Team Careers360 26th Jan, 2024

Correct Answer: Statement 1 is true, and Statement 2 is false.


Solution : The correct answer is (a) Statement 1 is true, and Statement 2 is false.

Statement 1 is true. A matrix organizational structure is designed to facilitate collaboration and communication across different functional areas within an organization. Employees often work in cross-functional teams, promoting collaboration and the integration of diverse perspectives.

Statement 2 is false. A matrix organizational structure typically involves a flatter hierarchy compared to traditional hierarchical structures. Employees may have dual reporting relationships (functional and project/product-based), but this doesn't inherently mean multiple layers of management. The focus is on collaboration and efficient communication rather than excessive layers of management.

13 Views

Question : Which of the following is an example of discretionary spending in the United States federal budget?

 

Option 1: Social security

 

Option 2: Medicare

Option 3: Defense spending

 

Option 4: None of the above

Team Careers360 26th Jan, 2024

Correct Answer: Defense spending

 


Solution : The correct answer is (c) Defense spending.

Discretionary spending refers to the portion of the United States federal budget that is determined through annual appropriations and can be adjusted or modified by policymakers. It typically includes funding for various government agencies, programs, and initiatives. Defense spending, which encompasses the budget allocated for national defense and military activities, is an example of discretionary spending. On the other hand, social security and Medicare are considered mandatory spending programs as they are authorized by existing laws and are not subject to annual appropriations. Mandatory spending typically includes entitlement programs and other obligations that are determined by eligibility criteria and benefit formulas.

 

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