LSM 17.2 : BUDGETING AND ACCOUNTING-2

This quiz is useful for the aspirants of Library Science. Students appearing for UGC NET, SLET, KVS Librarian and NVS Librarian and DSSSB Librarian etc. can practice these exams.

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Source : IGNOU B.Lib Material

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Results

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#1. Which is opposite of historical budgeting?

#2. Which approach requires that all activities be identified and developed as "decision packages" and that there should be a systematic evaluation and ranking of these "decision packages" preferably using a computer?

#3. Which method of budgeting does not take into account what happened in the past but places emphasis on current activities?

#4. Which method of budgeting is followed in Indian libraries?

#5. What proportion of the expenditure of a university library should be spent on staff according to Ranganathan?

#6. What proportion of the expenditure of a university library should be spent on books and other materials according to Ranganathan?

#7. What proportion of the expenditure of a university library should be spent on miscellaneous expenditure according to Ranganathan?

Ranganathan has suggested that the proportion of the expenditure of a university
library on these two major items be as follows:
Staff : 50%
Books and other : 40%
reading, materials
Miscellaneous : 10%

#8. Whose responsibility is to prepare the budget?

#9. Who passes the entire budget of a university?

#10. Who approves the Library budget of a college?

#11. What is Accounting?

#12. What is Auditing?

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