Financial Management Set 3

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This set of Educational Planning and Management Multiple Choice Questions & Answers (MCQs) focuses on Financial Management Set 3

Q1 | Uses of funds include a(an):
  • Decrease in cash
  • Increase in any liability
  • Tax refund
  • Increased in fixed assets
Q2 | A capital investment is one that
  • Has the prospect of long term benefits
  • Has the prospect of short term benefits
  • Is only undertaken by large corporations
  • Applies only to investment in fixed assets
Q3 | Which one of the following factors that influence educational finance?
  • Demand for education
  • Financial control
  • Concentration of wealth
  • Level of national income
Q4 | The main problem of financing a scheme of post-secondary education that faced with serious difficulties
  • expansion of educational services
  • Removal of disparities in educational opportunities
  • Inadequacy of funds
  • None of the above
Q5 | Modern industrial development has caused________
  • Private enterprise
  • Economic imbalances
  • Social change
  • Economic contribution
Q6 | The control of________ is a very important problem because ‘power follows the purse’and this power may be easily misused
  • Economy
  • Population
  • Government
  • Finance
Q7 | Economists believe in the law of diminishing marginal utility’. This ‘utility’ means
  • Ability
  • Efficiency
  • Satisfaction
  • Reduction
Q8 | Efficiency can be much improved if there is only a________ planning.
  • Short term and long term
  • Short term
  • Long term
  • None of the above
Q9 | It has been decided that______ of schooling will be made available to majority of our youth
  • 12 years
  • 10 years
  • 5 years
  • None of the above
Q10 | To solve the problem of mobility of population and overcrowding in the cities the government has to adopt
  • Appropriate measures both at the economic and educational levels
  • Evolving a new finance structure in which the Central government will have to play significant role
  • Maintenance of a high level of national income
  • Financing of education
Q11 | Which one is not educational finances needed for purposes in education?
  • Maintenance of normal educational services
  • Expansion of educational services
  • Expansion of disparities in educational opportunities
  • Planning, organising, directing and controlling the financial activities
Q12 | The most important method used in Ancient and medieval times in financing education is
  • Land grants and income yielding endowmwnts
  • Learning while earning
  • Donation from the public
  • Government funds
Q13 | One of the following is not include in the important activities in the field of education undertaken by UNESCO
  • Centre for Educational Technology
  • Secondary School Teaching License Project
  • Organisation of meetings, seminars, workshops etc
  • Expansion of educational services
Q14 | An important problem of social change, which cannot be solved by half-harted measures is
  • Unemployment of youth
  • Population mobility
  • Age distribution of population
  • Extension of educational opportunities
Q15 | Besides the provision for special education, ___________ will require additionaladjustments in the policies of educational financing
  • Vocational education, professional training course etc
  • Financial resource
  • Distribution of funds
  • School fees
Q16 | Managerial Behaviour means the behaviour, attitude, personality traits, intelligence, etc of the -
  • teacher
  • manager
  • principal
  • head
Q17 | The social qualities of a good administrator/ manager should comprise of –
  • social tact and good judgement
  • personal charm
  • sense of humour
  • all the above
Q18 | Educational Leadership is a term applied to –
  • principals or
  • administrators
  • department heads or academic deans
  • all the above
Q19 | Leadership style refers to the –
  • personality pattern of a leader
  • attitude pattern of a leader
  • behavior pattern of a leader
  • none of the above
Q20 | When the leader expects complete obedience from his followers and all decision making power is concentrated in the leader, it is called –
  • Dictatorial style
  • Autocratic style
  • Monarchial style
  • none of the above
Q21 | When freedom is allowed to subordinates and they are given free hand in deciding their own policies and methods and the leader rarely interferes, it is called –
  • Democratic style
  • Delegating Style
  • Laissez – faire style
  • Autocratic style
Q22 | When a leader acts like a father to his sub-ordinates and protects and guides them, it iscalled –
  • Benevolent style
  • Paternalistic style
  • Participative style
  • Maternalistic style
Q23 | Theory X and Theory Y of Leadership style was proposed by –
  • Douglas McGregor
  • Hersey and Blanchard
  • Rensis Likert
  • None of the above
Q24 | Rensis Likert proposed __________ leadership styles.
  • 4
  • 3
  • 5
  • 6
Q25 | Achievement-Oriented style of leadership was given by –
  • Rensis Likert
  • Robert House
  • Hersey and Blanchard
  • Douglas McGregor