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Business Finance Chapter - 1 (MCQ) for CA Certificate Level

297 Oct, 2023

1. What is not a characteristics of an Organizations?

A. Controlled Performance

B. Collective Goals

C. Boundary

D. Profit Maximization

Answer: D. Because profit maximization is not a characteristics of an organization

but also it is a objective for an organization

2. Organizations exist because, they:

A. Overcome people’s individual limitations.

B. Enable people to specialize

C. Save time

D. All of the above

E. None of the above

Answer: D

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