Business Laws and Ethics Quiz

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Questions and Answers

What is the vision pursued by the Institute of Cost Accountants of India?

  • Profit maximization and revenue generation
  • Resource exploitation and cost reduction
  • Market dominance and competitive pricing strategies
  • Cost competitiveness, cost management, efficient use of resources, and structured approach to cost accounting (correct)

Where is the Institute of Cost Accountants of India headquartered?

  • Delhi
  • Chennai
  • Mumbai
  • Kolkata (correct)

Under which ministry does the Institute of Cost Accountants of India operate?

  • Ministry of Commerce and Industry, Government of India
  • Ministry of Finance, Government of India
  • Ministry of Corporate Affairs, Government of India (correct)
  • Ministry of External Affairs, Government of India

How many members does the Institute of Cost Accountants of India have globally?

<p>90,000 members (C)</p> Signup and view all the answers

In which year was the Institute of Cost Accountants of India established?

<p>1959 (A)</p> Signup and view all the answers

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