Cost Accounting

Workers will be entitled to overtime wages if they have worked for more than____________.

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Question:

Workers will be entitled to overtime wages if they have worked for more than____________.

A.

Forty-eight hours in any four week

B.

Forty-eight hours in any three week

C.

Forty-eight hours in any two week

D.

Forty-eight hours in any week

Answer» d. Forty-eight hours in any week

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Every employee shall be entitled to receive bonus from his employer in anaccounting year if he has worked for not less than

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Question:

Every employee shall be entitled to receive bonus from his employer in anaccounting year if he has worked for not less than

A.

Ten working days

B.

Twenty working days

C.

Thirty working days

D.

Forty working days

Answer» c. Thirty working days

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

In case of a private company, mention the number of members personally present toform the quorum of a meeting of the company.

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Question:

In case of a private company, mention the number of members personally present toform the quorum of a meeting of the company.

A.

One member

B.

Two members

C.

Three members

D.

Four members

Answer» b. Two members

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

………………… is the personal income minus personal income tax and miscellaneous receipts ofGovernment administrative departments.

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Question:

………………… is the personal income minus personal income tax and miscellaneous receipts ofGovernment administrative departments.

A.

Surplus income

B.

Disposal income

C.

Expendable income

D.

Residual income

Answer» b. Disposal income

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Number of product varieties that can be manufactured in Mass production is:

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Question:

Number of product varieties that can be manufactured in Mass production is:

A.

One only

B.

Two only

C.

Few varieties in large volumes

D.

Large varieties in small volumes

Answer» c. Few varieties in large volumes

Note: The above multiple-choice question is for all general and Competitive Exams in India.