CMA Foundation Fundamentals of Laws and Ethics Online Test

Under Section 2(b) if the person to whom the proposal is made signifies his assent the proposal is said to have been ________.

Which of these are essential conditions of a valid contract—?

‘Delivery’ within the meaning of section 2(1) of the Sale of Goods Act, 1930, can be ______.

A bill of exchange contains a/an _______.

For every district ______ shall be an Inspector for the Factories Act, 1948.

The Payment of Wages Act, 1936, is based on the recommendation of ______.

The responsibility for fixing minimum rates of wages lies with __________.

Dependants benefit is paid at the rate of ____ % of wages.

The period of work of a child labour can not spread over _________.

Business malpractice does not include ___________.

The term Quid Pro quo” is applied in connection with—

A agree to pay B 1000 if it rains today, otherwise B pays A 1500. This is a ___

A enter into a contract with B a celebrated painter who agree to paint a picture for A for an agreed sum on the canvas and material supplied by A. This is a contract ______

If the words “not negotiable” are used with special crossing in a cheque, the cheque is _________

In the absence of specific provision in the partnership deed at what rate interest on advances given by the partners would be allowed

A Industries Ltd. has more than five hundred workers ordinarily employed; one of the employee got injured while performing his duties, there should be provided by the management

XYZ ltd to which the payment of Wages Act,1936 is applicable, fixes the wages period of 36 days. You as a Cost and Management Accountant of the Company, how would advice the company.

As per the Minimum Wages Act, Adolescent means a person who has completed the age of 14 years but not completed age of _______

The primary liability of paying employee’s and employer’s contribution is of—

The relevance of ethics is in its: