SEBI Grade A 2024 Free Quiz – Commerce & Accountancy Questions
SEBI Grade A 2024 Free Quiz – SEBI Grade A Practice Questions Set for SEBI Grade A 2024. SEBI Grade A Commerce & Accountancy Question Set with answers Phase I & Phase II. SEBI Grade A Study Material, Books, PDFs, Free Notes, and Mock Test for of Commerce Accountancy. As we all know The Security Exchange Board of India (SEBI) has released the SEBI Grade A 2024 Notification for the recruitment of 97 Assistant Managers across the country.
If you are preparing for SEBI Grade A 2024, you will come across a section on “Commerce & Accountancy”.In this post, you will get sample questions for SEBI Grade A Commerce & Accountancy section. If you prepare this thoroughly, you can very easily crack SEBI Grade A 2024. If you want to crack SEBI Grade A 2024 exam then you should buy Best Books for SEBI Grade A 2024. Before starting the preparation for this exam you will aware of SEBI Grade A Previous Year Papers. These questions are important for SEBI Grade A Exam.
SEBI Grade A 2024 Free Quiz – Commerce & Accountancy Practice Question Set-7
1. Which of the following is NOT one of the support activities in the value chain of an organization?
- Service
- Purchasing
- Firm Infrastructure
- Technology
- Human Resources
2.AIS adds value to an organization by:
- Improving efficiency
- Sharing knowledge
- Improving the internal control structure
- Answers #1 and #2 only
- Answers #1, #2, and #3
3. Which of the following does not influence the design of an Accounting Information System (AIS)?
- Organizational culture
- Information Technology
- Business strategy
- Legal environment
- None of these
4. What is data?
- All of the facts that are collected, stored, and processed by an information system
- All of the debit and credit information about each transaction
- The output which results from the input of information
- The same thing as information
- None of these
5. Reliability refers to the characteristic of information whereby
- Uncertainty is reduced
- Information is free from error or bias
- Timely
- Verifiable
- None of the above
6. In order for an accounting information system to meet the needs of systems users, one must take into account the types of decisions that are made. Decisions vary from repetitive and routine to nonrecurring and non-routine. How would you classify a decision where no framework or model exists for the decision?
- Structured
- Semi-structured
- Unstructured
- All of the above
- None of these
7.Information can improve decision making in what way?
- It identifies situations requiring management action.
- It provides a basis for choosing among alternative actions
- Provides valuable feedback that can be used to improve future decisions
- All of the above
- None of the above
8. Which of the following accurately depicts the components of an accounting information system?
- People, forms, and reports
- People, procedures, and information technology
- People, procedures, and paper
- Procedures, paper, and information technology
- People, paper, and information technology
9. Which of the following is not one of the three important functions that an accounting information system performs?
- It collects and stores data about activities and transactions so that the organization can review what has happened in the business
- It processes data into information that is useful for making decisions that enable management to plan, execute, and control activities
- It assures that management’s decisions optimize the profitability of the company
- It provides adequate controls to safeguard the organization’s assets, including its data. These controls ensure that the data is available when needed and that it is accurate and reliable
- None of these
10. Identify the two basic strategies noted in the text.
- Low cost producer strategy and high quantity producer strategy
- High quantity producer strategy and loss leader strategy
- Product/service differentiation strategy and loss leader strategy
- Low cost producer strategy and product/service differentiation strategy
- None of these
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| Commerce & Accountancy Practice Questions | Management Practice Questions | Finance Practice Questions |
| Companies Act Practice Questions | Costing Practice Questions | Economics Practice Questions |
Before Starting the preparation of “SEBI Grade A 2024” you should check the Syllabus and Exam Pattern of SEBI Grade A 2024. If you decided to fill out the form for SEBI Grade A 2024, then you required Study Material for SEBI Grade A 2024. Here we are given Best Books For SEBI Grade A 2024. These books are published in two parts. The SEBI Grade A Volume I Book covers (Commerce & Accountancy, Management, and Finance) and the SEBI Grade A Volume II Book covers (Costing, Companies Act 2013 & Economics).
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