Questions with answers

International Financial Reporting Standards (IFRS): Need, Significance, and Ethical Issues in Accounting

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International Financial Reporting Standards (IFRS): Need, Significance, and Ethical Issues in Accounting

In today’s globalized economy, businesses operate across borders, investors diversify internationally, and financial statements must be transparent and comparable. This is where International Financial Reporting Standards (IFRS) play a crucial role. Developed by the International Accounting Standards Board (IASB), IFRS provides a unified framework for financial reporting, ensuring consistency and reliability across different countries. Unlike … Read more

Software: Why is OS System Software?

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Software: Why is OS System Software

Full Question: What is Software? Why is OS classified as a system software? Explain. Answer: Software refers to a set of instructions, programs, and data that enable a computer to perform specific tasks. Unlike hardware, which constitutes the physical components of a computer, software is intangible and exists as code written in programming languages. It … Read more

Telecom Transmission Media: Why Fiber Optics is Best

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Telecom Transmission Media: Why Fiber Optics is Best

Full Question: What are different transmission medias used in telecommunication network? Why do we prefer fiber optics as a better communication media over others? Explain. Answer: Transmission Media in Telecommunication Networks In telecommunication networks, transmission media refers to the physical pathways that carry communication signals. Different transmission media are used to carry data over various … Read more

Liquidation: Voluntary vs. Involuntary Differences

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Liquidation: Voluntary vs. Involuntary Differences

Full Question: What do you mean by liquidation? Mention any five differences between voluntary and involuntary liquidation of a company. Answer: Liquidation refers to the process of winding up a company’s affairs, including selling off its assets, settling debts, and distributing the remaining funds to the shareholders or owners. This process typically occurs when a … Read more

Termination vs. Breach of Contract and Essentials of Free Consent

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Full Question: Compare and contrast the term termination of contract and breach of contract. Explain five essentials for free consent. Answer: Comparison of Termination of Contract and Breach of Contract Aspect Termination of Contract Breach of Contract Definition The legal end of a contract by mutual agreement, completion, or legal reasons. A failure by one … Read more

Contract of Guarantee: A Tripartite Agreement

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Contract of Guarantee: A Tripartite Agreement

Question: Contract of guarantee is a tripartite agreement. How? What are the rights and duties of surety? Answer: A contract of guarantee is a legal arrangement where one person (the surety) promises to take responsibility for another person’s debt or obligation if they fail to fulfill it. It is called a tripartite agreement because it … Read more

Business Law: Definition and Significance in Business

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Define business law. What is the significance of law in business management

Question: Define business law. What is the significance of law in business management? Answer: Business law, also known as commercial or corporate law, consists of legal rules and regulations that govern the formation, operation, and dissolution of businesses. It covers various aspects such as contracts, partnerships, corporations, employment laws, intellectual property, consumer rights, banking, and … Read more

Legal Aspects of Business and Technology Questions with Answer – 2024 Fall (BBA/BBA-TT/BCIS)

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Legal Aspects of Business and Technology Questions with Answer - 2024 Fall (BBABBA-TTBCIS)

Level: Bachelor Year: 2024 Fall Programme: BBA/BCIS/BBA-TT Full Marks: 100 Course: legal Aspects of Business and Technology Pass Marks: 45 Semester: VI Time: 3hrs University: Pokhara University Legal Aspects of Business and Technology Questions with Answer – 2024 Fall (BBA/BBA-TT/BCIS) Section”A” Very Short Answer Questions. [10*2] Attempt all the Questions. [10*2] 1. Mention the differences between a substituted … Read more

Business and Society Questions with Answer – 2024 Fall (BBA)

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Business and Society Questions with Answer - 2024 Fall (BBA)

Level: Bachelor Year: 2024 Programme: BBA Full Marks: 100 Course: Business and Society Pass Marks: 45 Semester: VI Time: 3hrs University: Pokhara University Business and Society Questions with Answer – 2024 Fall (BBA) Section “A” Very Short Answer Questions Attempt all the questions. 1. List any four benefits of women at work. 2. Differentiate between shareholder value and … Read more

Introduction to Management Information System Question with Answer- 2024 Fall (BBA/BBA-BI/BBA-TT/BHM)

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Introduction to Management Information System Question with Answer- 2024 Fall (BBABBA-BIBBA-TTBHM)

Level: Bachelor Year: 2024 Fall Programme: BBA/BHM/BBA-BI Full Marks: 100 Course: Introduction to Management Information System Pass Marks: 45 Semester: VI Time: 3hrs University: Pokhara University Introduction to Management Information System Question with Answer- 2024 Fall (BBA/BBA-BI/BBA-TT/BHM) Section “A” Very Short Answer Questions Attempt all the Questions. [10*2] 1. What is cache memory? 2. What do you mean … Read more