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Cost Accounting

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

» Operations Management and Strategic Management solved MCQs /
Question:

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

A.

Limited to one or two

B.

Large varieties of products

C.

One only

D.

None of the above.

Answer» b. Large varieties of products

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

Number of product varieties that can be manufactured in Job production is: Read More »

» Operations Management and Strategic Management solved MCQs

The Law of Diminishing Marginal Utility was developed by ____________

» Fundamentals of Economics solved MCQs /
Question:

The Law of Diminishing Marginal Utility was developed by ____________

A.

Stanley Jevons

B.

Alfred Marshall

C.

Adam Smith

D.

J.R. Hicks

Answer» b. Alfred Marshall

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

The Law of Diminishing Marginal Utility was developed by ____________ Read More »

» Fundamentals of Economics solved MCQs

One of the important charts used in programme control is:

» Operations Management and Strategic Management solved MCQs /
Question:

One of the important charts used in programme control is:

A.

Material chart

B.

Gantt chart

C.

Route chart

D.

Inspection chart

Answer» b. Gantt chart

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

One of the important charts used in programme control is: Read More »

» Operations Management and Strategic Management solved MCQs

For a monopoly firm the MR Curve

» Fundamentals of Economics and Management solved MCQs /
Question:

For a monopoly firm the MR Curve

A.

Overlaps AR curve

B.

Is above the AR curve

C.

Lies half way between AR curve and the Y axis

D.

Is same as AR curve

Answer» c. Lies half way between AR curve and the Y axis

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

For a monopoly firm the MR Curve Read More »

» Fundamentals of Economics and Management solved MCQs

Which one of the following statement is true?

» Fundamentals of Costing solved MCQs /
Question:

Which one of the following statement is true?

A.

Abnormal cost is not controllable

B.

Financial Expenses are included in Cost Sheet

C.

All overheads changes with the change in volume and in the same proportion. 28

D.

Primary packing is an item of prime cost.

Answer» d. Primary packing is an item of prime cost.

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

Which one of the following statement is true? Read More »

» Fundamentals of Costing solved MCQs

In Process Planning we plan:

» Operations Management and Strategic Management solved MCQs /
Question:

In Process Planning we plan:

A.

Different machines required

B.

Different operations required

C.

We plan the flow of material in each department

D.

We design the product.

Answer» c. We plan the flow of material in each department

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

In Process Planning we plan: Read More »

» Operations Management and Strategic Management solved MCQs

In which of the following stages the management should try to change its approachby changing its strategy from “buy my product” to “try my product”?

» Operations Management and Strategic Management solved MCQs /
Question:

In which of the following stages the management should try to change its approachby changing its strategy from “buy my product” to “try my product”?

A.

Introduction

B.

Growth

C.

Maturity

D.

Decline

Answer» b. Growth

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

In which of the following stages the management should try to change its approachby changing its strategy from “buy my product” to “try my product”? Read More »

» Operations Management and Strategic Management solved MCQs

One of the following is not a negotiable instrument. Identify the same.

» Laws and Ethics solved MCQs /
Question:

One of the following is not a negotiable instrument. Identify the same.

A.

Share certificate

B.

Bill of Exchange

C.

Cheque

D.

Promissory note

Answer» a. Share certificate

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

One of the following is not a negotiable instrument. Identify the same. Read More »

» Laws and Ethics solved MCQs