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Cost Accounting

From the following information, find out purchases when raw material consumed is 26,500;Closing stock 4,500 and opening stock 3,000.

» Fundamentals of Costing solved MCQs /
Question:

From the following information, find out purchases when raw material consumed is 26,500;Closing stock 4,500 and opening stock 3,000.

A.

26,500

B.

25,000

C.

28,000

D.

34,000

Answer» c. 28,000

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

From the following information, find out purchases when raw material consumed is 26,500;Closing stock 4,500 and opening stock 3,000. Read More »

» Fundamentals of Costing solved MCQs

Preventive maintenance is useful in reducing

» Operations Management and Strategic Management solved MCQs /
Question:

Preventive maintenance is useful in reducing

A.

Inspection Cost

B.

Cost of premature replacement

C.

Shutdown Cost

D.

Set-up Cost of machine

Answer» c. Shutdown Cost

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

Preventive maintenance is useful in reducing Read More »

» Operations Management and Strategic Management solved MCQs

The study of ethics can be divided into four operational areas namely meta ethics,normative ethics, descriptive ethics and

» Laws and Ethics solved MCQs /
Question:

The study of ethics can be divided into four operational areas namely meta ethics,normative ethics, descriptive ethics and

A.

Positive ethics

B.

Physical ethics

C.

Applied ethics

D.

Natural ethics

Answer» c. Applied ethics

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

The study of ethics can be divided into four operational areas namely meta ethics,normative ethics, descriptive ethics and Read More »

» Laws and Ethics solved MCQs

If the country is passing through recession, the RBI would

» Fundamentals of Economics and Management solved MCQs /
Question:

If the country is passing through recession, the RBI would

A.

Buy bonds

B.

Reduce CRR

C.

Ease out bank rate

D.

All or any of the above three

Answer» d. All or any of the above three

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

If the country is passing through recession, the RBI would Read More »

» Fundamentals of Economics and Management solved MCQs

In a perfect competition, a firm earns super normal profit when the AR of the firm _____ theACT of the firm.

» Fundamentals of Economics solved MCQs /
Question:

In a perfect competition, a firm earns super normal profit when the AR of the firm _____ theACT of the firm.

A.

equals to

B.

exceeds

C.

is lower than

D.

neither exceeds nor is lower than

Answer» b. exceeds

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

In a perfect competition, a firm earns super normal profit when the AR of the firm _____ theACT of the firm. Read More »

» Fundamentals of Economics solved MCQs

A rational producer produces in that region where

» Fundamentals of Economics solved MCQs /
Question:

A rational producer produces in that region where

A.

marginal physical product of the fixed input becomes negative

B.

marginal physical product of the variable input becomes negative

C.

marginal physical product of the fixed input becomes increasing

D.

marginal physical product of the variable input becomes declining

Answer» d. marginal physical product of the variable input becomes declining

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

A rational producer produces in that region where Read More »

» Fundamentals of Economics solved MCQs

Issuing necessary orders, and taking necessary steps to ensure that the time targetsset in the schedules are effectively achieved is known as:

» Operations Management and Strategic Management solved MCQs /
Question:

Issuing necessary orders, and taking necessary steps to ensure that the time targetsset in the schedules are effectively achieved is known as:

A.

Routing

B.

Dispatching

C.

Scheduling

D.

Inspection.

Answer» b. Dispatching

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

Issuing necessary orders, and taking necessary steps to ensure that the time targetsset in the schedules are effectively achieved is known as: Read More »

» Operations Management and Strategic Management solved MCQs