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Accountant exam practice set

56. Surrender value is related to—
(A) Marine insurance
(B) General insurance
(C) Life insurance
(D) Fire insurance


57. Over capitalisation refer to—
(A) Excess of capital
(B) Excess rate of dividend payment, on shares
(C) Over estimation of rate of capitalisation
(D) Raising more capital than is warranted by its earning power


58. Motivation refers to—
(A) Coordinate the people
(B) Guide the working people
(C) Terrorise the people
(D) Inducing people to work willing by


59. Which of the following is not a barrier in communication—
(A) Fear and distrust
(B) Affection
(C) Perception
(D) Noise


60. “Management is an art of getting things done through and with formally organised group.” This definition has been by—
(A) Peter Drucker
(B) Henry Fayol
(C) Harod Koontz
(D) F. W. Taylor