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Friday, March 6, 2026

MCQ Questions on Technology and Data Analytics

Section A

Here are 50 MCQ Questions on Technology and Data Analytics (useful for CIA, CMA, Internal Audit, and Business Analytics exams).

MCQs on Technology & Data Analytics

1.

Which technology is primarily used to analyze large volumes of structured and unstructured data?
A. Data warehousing
B. Big Data analytics
C. Word processing
D. Spreadsheet formatting

Answer:

2.

Which analytics type answers the question “What happened?”
A. Predictive analytics
B. Diagnostic analytics
C. Descriptive analytics
D. Prescriptive analytics

Answer:

3.

Which analytics type predicts future trends and outcomes?
A. Descriptive analytics
B. Predictive analytics
C. Diagnostic analytics
D. Prescriptive analytics

Answer:

4.

Which analytics method recommends best possible action or decision?
A. Descriptive analytics
B. Diagnostic analytics
C. Predictive analytics
D. Prescriptive analytics

Answer:

5.

Which of the following tools is widely used for data analysis by auditors?
A. Spreadsheet software
B. Word processor
C. Presentation software
D. Email software

Answer:

6.

Which technique identifies hidden patterns in large datasets?
A. Data mining
B. Data formatting
C. Data replication
D. Data encryption

Answer:

7.

Which database structure organizes data into tables with rows and columns?
A. Relational database
B. Hierarchical database
C. Network database
D. Distributed database

Answer:

8.

Which technology enables real-time processing and analysis of large data streams?
A. Cloud computing
B. Batch processing
C. Stream processing
D. Manual processing

Answer:

9.

Which of the following is an example of structured data?
A. Images
B. Videos
C. Database tables
D. Social media posts

Answer:

10.

Which of the following is unstructured data?
A. Customer database
B. Financial ledger
C. Emails and images
D. Inventory list

Answer:

11.

Which term refers to the process of cleaning incorrect or inconsistent data?
A. Data validation
B. Data cleansing
C. Data mining
D. Data storage

Answer:

12.

Which analytics technique groups similar data points together?
A. Regression
B. Clustering
C. Classification
D. Forecasting

Answer:

13.

Which analytics technique assigns data to predefined categories?
A. Clustering
B. Classification
C. Forecasting
D. Sorting

Answer:

14.

Which technology allows remote storage and access of data via the internet?
A. Cloud computing
B. Local storage
C. Manual system
D. Standalone server

Answer:

15.

Which data analytics tool is widely used for interactive data visualization?
A. Tableau
B. MS Word
C. Notepad
D. Email

Answer:

16.

Which of the following describes Big Data?
A. Small datasets
B. Extremely large and complex datasets
C. Manual records
D. Paper documents

Answer:

17.

Which of the following is one of the 3 Vs of Big Data?
A. Value
B. Variety
C. Verification
D. Validity

Answer:

18.

The 3 Vs of Big Data include:
A. Value, Validity, Vision
B. Volume, Velocity, Variety
C. Vision, Volume, Value
D. Verification, Value, Variety

Answer:

19.

Which tool is commonly used for querying relational databases?
A. SQL
B. HTML
C. Java
D. Python

Answer:

20.

Which programming language is widely used for data analytics and machine learning?
A. Python
B. HTML
C. CSS
D. XML

Answer:

21.

Which term refers to visual representation of data?
A. Data modeling
B. Data visualization
C. Data mining
D. Data encryption

Answer:

22.

Which graph is commonly used to show trends over time?
A. Pie chart
B. Line chart
C. Histogram
D. Scatter plot

Answer:

23.

Which analytics technique examines relationships between variables?
A. Regression analysis
B. Sorting
C. Clustering
D. Classification

Answer:

24.

Which technology uses algorithms to allow systems to learn from data?
A. Artificial Intelligence
B. Machine Learning
C. Blockchain
D. Data storage

Answer:

25.

Which technology provides secure and decentralized transaction records?
A. Blockchain
B. Cloud computing
C. Data warehouse
D. Spreadsheet

Answer:

26.

Which data storage system is designed for querying and analyzing large datasets?
A. Data warehouse
B. Data entry system
C. Word processor
D. Operating system

Answer:

27.

Which process moves data from multiple sources into a data warehouse?
A. ETL
B. FTP
C. HTTP
D. SQL

Answer:

28.

ETL stands for:
A. Extract, Transform, Load
B. Enter, Transfer, Link
C. Evaluate, Transfer, Load
D. Extract, Test, Link

Answer:

29.

Which technique identifies abnormal or suspicious transactions?
A. Forecasting
B. Anomaly detection
C. Sorting
D. Filtering

Answer:

30.

Which analytics approach helps detect fraud patterns?
A. Data mining
B. Formatting
C. Encoding
D. Storage

Answer:

31.

Which technology allows automation of repetitive processes using software bots?
A. Artificial Intelligence
B. Robotic Process Automation (RPA)
C. Blockchain
D. Cloud storage

Answer:

32.

Which of the following helps secure sensitive data?
A. Encryption
B. Formatting
C. Sorting
D. Classification

Answer:

33.

Which technology enables computers to understand human language?
A. Machine Learning
B. Natural Language Processing
C. Blockchain
D. Cloud computing

Answer:

34.

Which technique identifies relationships among items frequently purchased together?
A. Association analysis
B. Clustering
C. Regression
D. Forecasting

Answer:

35.

Which type of chart shows proportion of categories?
A. Pie chart
B. Line chart
C. Histogram
D. Scatter plot

Answer:

36.

Which technology allows scalable computing resources on demand?
A. Cloud computing
B. Manual system
C. Batch processing
D. Standalone computing

Answer:

37.

Which term refers to automated decision-making using algorithms?
A. Artificial Intelligence
B. Spreadsheet analysis
C. Data formatting
D. Manual processing

Answer:

38.

Which analytics technique predicts future sales based on historical data?
A. Forecasting
B. Sorting
C. Classification
D. Clustering

Answer:

39.

Which database query retrieves specific data from a database?
A. SELECT
B. INSERT
C. DELETE
D. UPDATE

Answer:

40.

Which term describes combining data from different sources for analysis?
A. Data integration
B. Data deletion
C. Data encryption
D. Data compression

Answer:

41.

Which technology enables real-time dashboards and reports?
A. Business Intelligence (BI) tools
B. Word processing
C. Text editors
D. Email software

Answer:

42.

Which analytics tool is widely used in business intelligence reporting?
A. Power BI
B. Notepad
C. Paint
D. Calculator

Answer:

43.

Which concept ensures accuracy and reliability of data?
A. Data integrity
B. Data storage
C. Data replication
D. Data formatting

Answer:

44.

Which system stores current operational data?
A. Transaction processing system
B. Data warehouse
C. Data lake
D. Spreadsheet

Answer:

45.

Which term refers to raw data stored in its original format?
A. Data lake
B. Data warehouse
C. Database table
D. Spreadsheet

Answer:

46.

Which algorithm is commonly used for classification problems?
A. Decision Tree
B. Sorting
C. Filtering
D. Compression

Answer:

47.

Which analytics method determines root cause of a problem?
A. Diagnostic analytics
B. Predictive analytics
C. Descriptive analytics
D. Prescriptive analytics

Answer:

48.

Which technique visually shows relationship between two variables?
A. Scatter plot
B. Pie chart
C. Histogram
D. Bar chart

Answer:

49.

Which term refers to automated analysis of large datasets using algorithms?
A. Machine learning
B. Word processing
C. Data formatting
D. Manual analysis

Answer:

50.

Which technology integrates analytics, reporting, and dashboards for decision making?
A. Business Intelligence
B. Database storage
C. Operating system
D. Word processing

Answer:

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Section B...

Here are Case-Based Questions on Technology and Data Analytics (useful for CIA, CMA, Internal Audit, and Professional Accounting exams).

Case-Based Questions on Technology & Data Analytics

Case 1: Fraud Detection Using Data Analytics

An internal auditor used data analytics software to review all purchase transactions for the year. The analysis identified several transactions where the same vendor invoice number appeared multiple times, resulting in duplicate payments.

What analytics technique helped identify this issue?

A. Forecasting

B. Duplicate transaction testing

C. Regression analysis

D. Classification analysis

Answer:

Case 2: Identifying Unusual Transactions

An auditor analyzed employee expense reimbursement data and discovered that one employee submitted claims significantly higher than other employees in similar positions.

Which data analytics method is most useful in identifying this issue?

A. Anomaly detection

B. Data encryption

C. Data compression

D. Data storage

Answer:

Case 3: Predicting Customer Behavior

A company uses historical sales data and statistical models to predict future product demand.

Which type of analytics is being used?

A. Descriptive analytics

B. Predictive analytics

C. Diagnostic analytics

D. Prescriptive analytics

Answer:

Case 4: Data Visualization

A management team uses interactive dashboards to monitor key performance indicators (KPIs) such as sales growth, inventory turnover, and customer satisfaction.

Which technology is primarily used?

A. Business Intelligence tools

B. Database encryption

C. Operating system software

D. Word processing software

Answer:

Case 5: Data Integrity Issue

During data analysis, an auditor noticed that some customer records had missing email addresses and incorrect phone number formats.

Which process should be performed first before analysis?

A. Data cleansing

B. Data mining

C. Data encryption

D. Data storage

Answer:

Case 6: Big Data Environment

A retail company collects millions of daily transactions from online and offline stores and analyzes them to understand customer buying patterns.

Which concept best describes this data environment?

A. Big Data analytics

B. Batch processing

C. Manual processing

D. Traditional accounting system

Answer:

Case 7: Fraud Pattern Detection

An auditor used data mining techniques and found that multiple vendors shared the same bank account number.

What risk does this situation most likely indicate?

A. Duplicate payments

B. Potential vendor fraud

C. Data entry error

D. Network failure

Answer:

Case 8: Data Warehouse Use

A company stores historical financial data from multiple departments in a centralized database to support management reporting and analysis.

This system is known as:

A. Data warehouse

B. Transaction processing system

C. Spreadsheet database

D. Operating system

Answer:

Case 9: Automated Processes

An organization uses software robots to automatically process invoices, extract data, and update accounting records.

Which technology is being used?

A. Artificial Intelligence

B. Robotic Process Automation (RPA)

C. Data encryption

D. Data mining

Answer:

Case 10: Root Cause Analysis

A company noticed declining sales and used data analytics to determine why sales dropped in certain regions.

Which type of analytics is being used?

A. Descriptive analytics

B. Predictive analytics

C. Diagnostic analytics

D. Prescriptive analytics

Answer:

Case 11: Customer Segmentation

A marketing team groups customers into segments based on purchase behavior and demographics.

Which analytics technique is used?

A. Clustering

B. Forecasting

C. Regression

D. Sorting

Answer:

Case 12: Decision Recommendation

A company uses analytics to recommend optimal pricing strategies based on demand and competitor prices.

Which analytics type is applied?

A. Descriptive analytics

B. Predictive analytics

C. Diagnostic analytics

D. Prescriptive analytics

Answer:

Case 13: Real-Time Data Monitoring

An organization monitors online sales transactions in real time to detect fraud immediately.

Which technology enables this?

A. Batch processing

B. Stream processing

C. Manual analysis

D. Spreadsheet analysis

Answer:

Case 14: Data Integration

A company collects data from CRM systems, ERP systems, and sales databases and integrates them into one analytical platform.

Which process supports this integration?

A. ETL process

B. Data encryption

C. Data replication

D. Data compression

Answer:

Case 15: Relationship Analysis

An auditor analyzes data to determine whether marketing expenditure influences sales revenue.

Which analytical technique should be used?

A. Regression analysis

B. Clustering

C. Sorting

D. Classification

Answer:

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Thursday, March 5, 2026

Update for Case based questions

Here are 25 MCQ Questions on Types of Industry, Economy, Business, Organizational Structure, Governance, Finance, Ethics, Strategy, Stakeholders, and Business Objectives. These are useful for professional exams, business studies, CIA/CMA foundation concepts, and competitive exams, particularly Case based Questions ⁉️

Section A

MCQs on Business Environment, Organisation & Governance

1. Which industry involves extraction of natural resources?

A. Secondary Industry
B. Primary Industry
C. Tertiary Industry
D. Quaternary Industry

Answer:

2. Manufacturing activities belong to which type of industry?

A. Primary Industry
B. Secondary Industry
C. Tertiary Industry
D. Service Industry

Answer:

3. Banking, insurance and transportation belong to which industry?

A. Primary
B. Secondary
C. Tertiary
D. Extractive

Answer:

4. An economy where government owns most resources is called:

A. Market Economy
B. Mixed Economy
C. Command Economy
D. Capitalist Economy

Answer:

5. India follows which type of economic system?

A. Capitalist Economy
B. Command Economy
C. Mixed Economy
D. Socialist Economy

Answer:

6. Which type of business is owned by a single individual?

A. Partnership
B. Sole Proprietorship
C. Company
D. Cooperative

Answer:

7. Which business structure has limited liability and separate legal identity?

A. Partnership
B. Sole Proprietorship
C. Company
D. Joint Family Business

Answer:

8. Which business activity involves converting raw materials into finished goods?

A. Trading
B. Manufacturing
C. Service
D. Distribution

Answer:

9. Which document visually represents the structure of an organization?

A. Organization Policy
B. Organization Chart
C. Balance Sheet
D. Audit Report

Answer:

10. The chain of authority from top management to lower levels is called:

A. Span of Control
B. Organization Hierarchy
C. Job Rotation
D. Centralization

Answer:

11. Corporate governance mainly focuses on:

A. Profit maximization
B. Ethical management and accountability
C. Increasing sales
D. Reducing employees

Answer:

12. Which body is primarily responsible for corporate governance in a company?

A. Employees
B. Customers
C. Board of Directors
D. Suppliers

Answer:

13. Which of the following is an example of long-term finance?

A. Trade Credit
B. Bank Overdraft
C. Equity Share Capital
D. Cash Credit

Answer:

14. Which source of finance is internal?

A. Bank Loan
B. Retained Earnings
C. Debentures
D. Public Deposits

Answer:

15. Owners of a company are known as:

A. Directors
B. Shareholders
C. Managers
D. Employees

Answer:

16. Which stakeholder is primarily interested in job security and salary?

A. Government
B. Employees
C. Suppliers
D. Customers

Answer:

17. Which stakeholder is mainly concerned with tax payments?

A. Government
B. Customers
C. Employees
D. Suppliers

Answer:

18. A mission statement describes:

A. Company’s short-term profits
B. Purpose and reason for existence
C. Employee salaries
D. Share price

Answer:

19. A vision statement mainly focuses on:

A. Future aspirations of the organization
B. Current profits
C. Employee benefits
D. Accounting policies

Answer:

20. Business ethics refers to:

A. Legal rules only
B. Moral principles guiding business behavior
C. Tax planning
D. Accounting standards

Answer:

21. Which of the following is an example of unethical business practice?

A. Fair pricing
B. False advertising
C. Quality control
D. Customer service

Answer:

22. Business strategy mainly deals with:

A. Day-to-day accounting
B. Long-term planning to achieve competitive advantage
C. Payroll management
D. Employee attendance

Answer:

23. Which of the following is NOT a typical business objective?

A. Profit maximization
B. Customer satisfaction
C. Social responsibility
D. Personal hobby of owner

Answer:

24. The primary goal of a profit-making business is:

A. Charity work
B. Wealth maximization for owners
C. Reducing market competition
D. Government control

Answer:

25. Which stakeholder expects quality goods at reasonable prices?

A. Employees
B. Customers
C. Government
D. Creditors

Answer:

Section B...

Here are 10 Integrated Caselets with MCQs on Corporate Governance, Business Strategy, Stakeholders, Ethics, Finance, Organization Structure and Business Objectives. These are designed in a professional exam style (CIA / CMA / MBA level) where one scenario leads to multiple questions.

---

Integrated Caselets – Business Environment & Governance

---

Caselet 1: Stakeholders & Business Objective

A manufacturing company faced criticism because it reduced employee benefits to increase profits. At the same time, the company increased dividend payouts to shareholders. Employees protested, claiming management was ignoring their interests.

Which stakeholder group is most dissatisfied?

A. Shareholders

B. Government

C. Employees

D. Customers

Answer:

Which governance principle is being questioned?

A. Accountability

B. Fairness to stakeholders

C. Transparency

D. Profit maximization

Answer:

---

Caselet 2: Corporate Governance Failure

The Board of Directors approved a risky investment without adequate analysis. Later the investment failed causing heavy losses to shareholders.

Which governance principle was primarily violated?

A. Responsibility of Board oversight

B. Market competition

C. Employee training

D. Customer satisfaction

Answer:

Which stakeholder suffered the most financial loss?

A. Employees

B. Shareholders

C. Government

D. Suppliers

Answer:

---

Caselet 3: Business Strategy

A technology firm decided to differentiate its products by providing superior quality and innovation rather than competing on price.

Which strategy is the company adopting?

A. Cost Leadership Strategy

B. Differentiation Strategy

C. Market Penetration Strategy

D. Downsizing Strategy

Answer:

Which department plays the most important role in implementing this strategy?

A. Research & Development

B. Payroll Department

C. Legal Department

D. Security Department

Answer:

---

Caselet 4: Organizational Structure

A company expanded rapidly and introduced several management levels to control operations across regions.

This structure represents:

A. Flat organization

B. Tall organization hierarchy

C. Informal organization

D. Matrix organization

Answer:

One disadvantage of this structure is:

A. Lack of control

B. Slow decision making

C. No specialization

D. No accountability

Answer:

---

Caselet 5: Business Ethics

A pharmaceutical company intentionally withheld information about side effects of a drug to maintain sales growth.

This action represents:

A. Ethical leadership

B. Social responsibility

C. Unethical business practice

D. Strategic decision making

Answer:

Q10

Which stakeholder group is most directly harmed?

A. Government

B. Customers (patients)

C. Employees

D. Suppliers

Answer:

---

Caselet 6: Business Finance

A company issued debentures to raise long-term funds for expansion.

Q11

Debentures represent:

A. Ownership capital

B. Borrowed long-term capital

C. Internal financing

D. Retained earnings

Answer:

Q12

Debenture holders are considered:

A. Owners

B. Creditors

C. Employees

D. Managers

Answer:

---

Caselet 7: Mission & Vision

A company states:

“Our mission is to provide affordable and high-quality healthcare products to improve people's lives.”

Q13

This statement represents:

A. Vision statement

B. Mission statement

C. Strategic objective

D. Corporate policy

Answer:

Q14

Which element is clearly emphasized?

A. Profit maximization

B. Social responsibility and customer focus

C. Employee benefits

D. Market monopoly

Answer:

---

Caselet 8: Economy System

A country allows private businesses to operate but also regulates important sectors such as banking and defense.

Q15

This type of economy is:

A. Capitalist economy

B. Command economy

C. Mixed economy

D. Traditional economy

Answer:

Q16

Which entity typically controls strategic industries in such economies?

A. Employees

B. Government

C. Customers

D. Suppliers

Answer:

---

Caselet 9: Corporate Governance & Transparency

A listed company failed to disclose major liabilities in its financial statements.

Q17

Which governance principle was violated?

A. Transparency

B. Employee welfare

C. Market competition

D. Profit strategy

Answer:

Q18

Which stakeholders rely most on financial disclosures?

A. Customers

B. Shareholders and investors

C. Employees

D. Suppliers

Answer:

---

Caselet 10: Business Objectives

A company launched an eco-friendly product line even though short-term profits were lower.

Q19

Which objective does this decision support?

A. Social responsibility

B. Cost minimization

C. Market exit strategy

D. Downsizing

Answer:

Q20

Which stakeholder group benefits most from this decision?

A. Environment and society

B. Competitors

C. Suppliers

D. Employees only

Answer:

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Casebased question ⁉️ Manufacturing operations & irregularities

Below are Case-Based Questions (CIA Part 1 style) on Functions of Different Departments in a Manufacturing Organization, focusing on internal audit observations, discrepancies, irregularities, risk owners, documents, and controls.

Case-Based Questions – Manufacturing Departments (CIA Part 1 Style)

Case 1: Unauthorized Purchase

During an internal audit of the procurement process, the auditor observed that several purchases of raw materials were made without an approved Purchase Order (PO). The materials were received and recorded in inventory based only on supplier invoices.

Question

Which control weakness is MOST evident in this situation?

A. Lack of vendor evaluation

B. Absence of purchase authorization control

C. Ineffective production scheduling

D. Poor inventory valuation method

✅ Answer:

Case 2: Inventory Discrepancy

During a warehouse audit, the internal auditor noticed that the physical inventory count of raw materials was significantly lower than the quantities recorded in the inventory system. Investigation revealed that materials were frequently issued to production without a Material Requisition Note (MRN).

Question

Which control should be implemented to reduce this risk?

A. Increase production capacity

B. Require authorized material requisition before issuing materials

C. Reduce supplier lead time

D. Increase marketing budget

✅ Answer:

Case 3: Quality Control Failure

An internal audit review found that defective finished goods were shipped to customers because quality inspection reports were not completed before dispatch.

Question

Who should be the primary risk owner for this issue?

A. Procurement Manager

B. Quality Assurance Manager

C. HR Manager

D. Sales Manager

✅ Answer:

Case 4: Segregation of Duties Issue

During an audit of the purchasing cycle, the auditor observed that the same employee creates purchase requisitions, approves purchase orders, and records supplier invoices.

Question

Which internal control principle is being violated?

A. Budgetary control

B. Segregation of duties

C. Preventive maintenance

D. Cost allocation

✅ Answer:

Case 5: Production Planning Problem

Internal auditors observed frequent production delays due to shortages of critical raw materials. The procurement department reported that they were not receiving timely production forecasts.

Question

Which department should provide the required information?

A. Human Resources

B. Production Planning Department

C. Finance Department

D. IT Department

✅ Answer:

Case 6: Obsolete Inventory

An internal audit identified large quantities of obsolete raw materials stored in the warehouse. There was no periodic review of slow-moving inventory.

Question

Which control would BEST mitigate this issue?

A. Increase safety stock levels

B. Implement periodic inventory review and aging analysis

C. Increase production capacity

D. Eliminate quality inspection

✅ Answer:

Case 7: Payroll Irregularities

During an HR audit, the auditor discovered that some employees listed in the payroll register did not appear in the attendance records.

Question

This situation MOST likely indicates:

A. Production inefficiency

B. Ghost employees in payroll

C. Vendor fraud

D. Inventory theft

✅ Answer:

Case 8: Machine Downtime

The production department reported significant downtime due to machine breakdowns. Internal audit found that preventive maintenance schedules were not followed.

Question

Which department is responsible for managing this risk?

A. Maintenance Department

B. Sales Department

C. HR Department

D. Procurement Department

✅ Answer:

Case 9: Unapproved Vendor

During the audit of procurement records, the internal auditor noticed that purchases were made from vendors not listed in the approved vendor database.

Question

What is the MOST appropriate control to prevent this risk?

A. Increase warehouse space

B. Restrict purchases to approved vendor list

C. Increase advertising budget

D. Reduce production output

✅ Answer:

Case 10: Missing Shipping Documentation

Internal auditors observed that some finished goods shipments to customers lacked delivery challans or dispatch documentation.

Question

Which risk is MOST significant in this situation?

A. Marketing risk

B. Revenue recognition risk and shipment disputes

C. HR compliance risk

D. IT system failure

✅ Answer:

Case 11: IT System Access

During an IT audit, it was discovered that warehouse staff had unrestricted access to modify inventory records in the ERP system.

Question

Which control should be implemented?

A. Remove ERP system

B. Implement role-based access controls

C. Increase warehouse staff

D. Increase production targets

✅ Answer:

Case 12: Sales Order Irregularity

Internal auditors found that some sales orders were processed without customer credit approval.

Question

Which department is responsible for managing this risk?

A. Credit Control / Finance Department

B. Production Department

C. Maintenance Department

D. IT Department

✅ Answer:

✅ These case-based questions are very similar to what appears in the

Certified Internal Auditor (CIA) Part 1 Exam

Topics: Internal Control, Risk Ownership, Governance, Operational Audit

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Wednesday, March 4, 2026

Manufacturing Organization Departments (Function,Risk Owner, Deliverables, Documents)

MCQs – Manufacturing Organization Departments (Function,Risk Owner, Deliverables, Documents)

Accounting Information System AIS

Which department is primarily responsible for forecasting product demand and preparing sales budgets?

A. Production Department

B. Marketing / Sales Department

C. Finance Department

D. Human Resource Department

✅ Answer:

In a manufacturing organization, the risk owner for raw material quality risk is generally:

A. Finance Manager

B. Procurement Manager

C. Quality Control Manager

D. Sales Manager

✅ Answer:

Which document is typically generated by the production department to authorize manufacturing of goods?

A. Sales Invoice

B. Production Order

C. Goods Receipt Note

D. Purchase Requisition

✅ Answer:

The primary deliverable of the procurement department is:

A. Finished goods

B. Purchased materials at optimal price and quality

C. Marketing campaign

D. Payroll processing

✅ Answer:

Which document is issued by the store department when materials are issued to production?

A. Purchase Order

B. Material Requisition Note

C. Sales Order

D. Debit Note

✅ Answer:

Which department owns the risk related to employee turnover and skill shortages?

A. HR Department

B. Production Department

C. Procurement Department

D. Finance Department

✅ Answer:

Which department prepares the Bill of Materials (BOM)?

A. Engineering / Design Department

B. Finance Department

C. Marketing Department

D. HR Department

✅ Answer:

The primary deliverable of the quality assurance department is:

A. Employee training

B. Defect-free products

C. Vendor contracts

D. Sales forecast

✅ Answer:

Which document confirms that goods received from suppliers are inspected and accepted?

A. Goods Receipt Note (GRN)

B. Purchase Order

C. Sales Invoice

D. Production Schedule

✅ Answer:

10.

Which department is responsible for machine maintenance and equipment reliability risk?

A. Maintenance Department

B. Sales Department

C. Finance Department

D. HR Department

✅ Answer:

11.

The risk owner for inventory obsolescence is usually:

A. Warehouse / Stores Manager

B. HR Manager

C. Sales Manager

D. Legal Department

✅ Answer:

12.

Which document authorizes procurement of raw materials from suppliers?

A. Purchase Order

B. Sales Order

C. Delivery Challan

D. Payroll Register

✅ Answer:

13.

Which department prepares the master production schedule (MPS)?

A. Production Planning Department

B. Finance Department

C. HR Department

D. IT Department

✅ Answer:

14.

The primary deliverable of the finance department is:

A. Product design

B. Financial statements and financial control

C. Raw materials

D. Marketing strategies

✅ Answer:

15.

Which document records finished goods transferred from production to warehouse?

A. Finished Goods Transfer Note

B. Purchase Requisition

C. Sales Contract

D. Credit Memo

✅ Answer:

16.

Which department is responsible for supplier evaluation and vendor risk management?

A. Procurement Department

B. Sales Department

C. HR Department

D. Production Department

✅ Answer:

17.

Which document is used to record defective products detected during inspection?

A. Non-Conformance Report (NCR)

B. Purchase Order

C. Sales Invoice

D. Payroll Record

✅ Answer:

18.

The risk owner for workplace safety hazards is usually:

A. Health & Safety / Operations Manager

B. Sales Manager

C. Procurement Manager

D. Finance Manager

✅ Answer:

19.

Which department is responsible for processing customer orders and generating sales invoices?

A. Sales Department

B. Production Department

C. Maintenance Department

D. IT Department

✅ Answer:

20.

Which document is used to track movement of goods from warehouse to customer?

A. Delivery Challan

B. Payroll Sheet

C. Purchase Requisition

D. Journal Voucher

✅ Answer:

21.

Which department manages IT system risks and cybersecurity controls?

A. IT Department

B. Production Department

C. Procurement Department

D. Sales Department

✅ Answer:

22.

Which document is used by HR to record employee attendance and wages?

A. Time Sheet / Attendance Register

B. Purchase Order

C. Sales Contract

D. Production Order

✅ Answer:

23.

The primary deliverable of the production department is:

A. Purchase orders

B. Finished goods produced efficiently

C. Employee training programs

D. Vendor contracts

✅ Answer:

24.

Which department is responsible for cost accounting and variance analysis?

A. Finance / Cost Accounting Department

B. HR Department

C. Production Department

D. Marketing Department

✅ Answer:

25.

Which document provides details of raw materials required to produce a product?

A. Bill of Materials (BOM)

B. Sales Invoice

C. Payroll Sheet

D. Delivery Note

✅ Answer

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