Business studies Mcqs, Accounts Mcqs, Business studies notes,Quiz and case Based Questions, Quizizz

Introduction to accounting Quiz-2 Index => Introduction to accounting Quiz-2 Quiz Show all questions <=   => Which of the following is NOT a component of accounting? ?   Recording ?   Analyzing ?   Summarizing ?   Inventing What is the fundamental distinction between accounting and accountancy? ?   They are two terms for the same concept. ?   Accounting refers to the process, while accountancy refers to the profession. ?   Accountancy refers to the process, while accounting refers to the profession. ?   They are interchangeable terms in different regions. Which branch of accounting focuses on recording, classifying, and summarizing financial transactions for external reporting purposes? ?   Managerial accounting ?   Tax accounting ?   Financial accounting ?   Cost accounting What advantage of accounting ensures that resources are allocated efficiently and wastage is minimized? ?  

Emerging modes of business Quiz-4 Index => Emerging modes of business Quiz-4 Quiz Show all questions <=   => Which of the following is a key feature of outsourcing? ?   Maintaining full control over the outsourced tasks ?   Reducing the need for communication and collaboration ?   Delegating specific tasks to external service providers ?   Eliminating the need for any initial investment What is the scope of e-business? ?   Limited to online advertising ?   Exclusively focused on social media marketing ?   Involves all aspects of business conducted electronically ?   Restricted to in-person sales only What does "EDI" stand for in the context of e-business scope? ?   Electronic Data Integration ?   Electronic Delivery Interface ?   Efficient Data Integration ?   Electronic Document Interchange Which aspect of e-business can enhance customer interactions and engagement comp