Business and Technology MCQ Quiz in বাংলা - Objective Question with Answer for Business and Technology - বিনামূল্যে ডাউনলোড করুন [PDF]
Last updated on Apr 4, 2025
Latest Business and Technology MCQ Objective Questions
Top Business and Technology MCQ Objective Questions
Business and Technology Question 1:
According to Mendelow’s matrix, what is the recommended approach for stakeholders with high power and high interest?
Answer (Detailed Solution Below)
Business and Technology Question 1 Detailed Solution
Correct Answer: B
Explanation:
Stakeholders with high power and interest require active engagement and management as key players
Business and Technology Question 2:
Which of the following is an example of a connected stakeholder?
Answer (Detailed Solution Below)
Business and Technology Question 2 Detailed Solution
Correct Answer: C
Explanation:
Connected stakeholders have a direct contractual relationship with the business, such as suppliers and finance providers. Employees are internal; shareholders are connected but classified separately; local community is external
Business and Technology Question 3:
Which one of the following would NOT typically form part of a fraud response plan?
Answer (Detailed Solution Below)
Business and Technology Question 3 Detailed Solution
Correct Answer: C
Explanation:
These are measures for fraud prevention and control. A fraud response plan specifically deals with investigating and dealing with the consequences of identified frauds.
This includes taking immediate steps to secure the security of records that will be investigated and launching an investigation into the method and extent of fraud.
Business and Technology Question 4:
Which one of the following statements about fraud prevention is NOT true?
Answer (Detailed Solution Below)
Business and Technology Question 4 Detailed Solution
Correct Answer: B
Explanation:
Performance-based rewards increase pressures and motivation for managers to manipulate results.
Business and Technology Question 5:
Which word or phrase correctly completes the following sentence?
"________ constitutes any financial transactions whose purpose is to conceal the origins of the proceeds of criminal activity."
Answer (Detailed Solution Below)
Business and Technology Question 5 Detailed Solution
Correct Answer: C
Explanation:
The statement is the definition of money laundering.
Business and Technology Question 6:
The initial disposal of the proceeds of an illegal activity into apparently legitimate business activity is known as what?
Answer (Detailed Solution Below)
Business and Technology Question 6 Detailed Solution
Correct Answer: A
Explanation:
The order is placement, layering and integration.
Business and Technology Question 7:
Which of the following would most clearly present a personnel-related risk of fraud within an organisation?
Answer (Detailed Solution Below)
Staff not taking their full holiday entitlements
Business and Technology Question 7 Detailed Solution
Correct Answer: C
Explanation:
This may seem like normal behaviour in a ‘workaholic’ office culture, but failure to take full holiday entitlement may signal an employee trying to prevent a temporary replacement from uncovering a fraud. The other options are factors in reducing risk: lack of segregation enables fraud to go undetected; low staff morale is often a motive for fraud (in retaliation against the firm); and an autocratic management style may prevent questioning.
Business and Technology Question 8:
Company X has a bad debt policy under which aged receivables that are clearly uncollectible are written off. However, the financial accountant does not enforce this policy.
This may be considered fraudulent because it creates which of the following effects?
Answer (Detailed Solution Below)
Business and Technology Question 8 Detailed Solution
Correct Answer: D
Explanation:
One form of fraud is the intentional misrepresentation of the financial position of the business. Bad debt policy may be unenforced deliberately, in order to overstate profits.
Business and Technology Question 9:
What is the term given to a method of fraud in the accounts receivable area where cash or cheque receipts are stolen, and the theft is concealed by allocating subsequent receipts to cover the outstanding debt?
Answer (Detailed Solution Below)
Business and Technology Question 9 Detailed Solution
Correct Answer: C
Explanation:
Collusion is working with another party (eg customers or suppliers) to commit fraud.
Misrepresentation is stating that something is so, when it is not, in order to mislead (eg overstating profits).
Business and Technology Question 10:
Which one of the following statements about external auditors is NOT correct?
Answer (Detailed Solution Below)
Business and Technology Question 10 Detailed Solution
Correct Answer: B
Explanation:
The primary responsibility of the external auditor is to report to shareholders on whether the client’s financial statements are accurate and free from bias (‘true and fair’).