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Cost Accounting

Amit tells Bharat in the presence of Chetan that Amit is agent of Chetan. Chetan maintain silence instead of denying it. Later, if Amit sells Chetan’s goods to Bharat, Chetan cannot dispute Bharat’s title to the goods. This is example of

» Laws and Ethics solved MCQs /
Question:

Amit tells Bharat in the presence of Chetan that Amit is agent of Chetan. Chetan maintain silence instead of denying it. Later, if Amit sells Chetan’s goods to Bharat, Chetan cannot dispute Bharat’s title to the goods. This is example of

A.

Sale by official receiver

B.

Sale by a finder of goods

C.

Sale by estoppel

D.

Execution of Sale

Answer» c. Sale by estoppel

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

Amit tells Bharat in the presence of Chetan that Amit is agent of Chetan. Chetan maintain silence instead of denying it. Later, if Amit sells Chetan’s goods to Bharat, Chetan cannot dispute Bharat’s title to the goods. This is example of Read More »

» Laws and Ethics solved MCQs

Two dice are thrown simultaneously, the probability of obtaining a total sum 8 is

» Fundamentals of Business Statistics solved MCQs /
Question:

Two dice are thrown simultaneously, the probability of obtaining a total sum 8 is

A.

1/6

B.

5/6

C.

5/36

D.

7/36

Answer» b. 5/6

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

Two dice are thrown simultaneously, the probability of obtaining a total sum 8 is Read More »

» Fundamentals of Business Statistics solved MCQs

Prime cost may be correctly termed as 24

» Fundamentals of Costing solved MCQs /
Question:

Prime cost may be correctly termed as 24

A.

the total of all cost items which can be directly charged to product units.

B.

the sums of all direct materials and labour cost excluding all other cost.

C.

the total costs incurred in producing a finished unit.

D.

the sum of the large cost in product cost.

Answer» a. the total of all cost items which can be directly charged to product units.

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

Prime cost may be correctly termed as 24 Read More »

» Fundamentals of Costing solved MCQs

In addition to three Central problem of economy, the additional problem(s) raised by the Moderneconomists is / are

» Fundamentals of Economics and Management solved MCQs /
Question:

In addition to three Central problem of economy, the additional problem(s) raised by the Moderneconomists is / are

A.

Are the resources fully utilized or not

B.

How efficient is the production and distribution system

C.

Whether the capacity to produce or grow is increasing or is static

D.

All the three

Answer» d. All the three

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

In addition to three Central problem of economy, the additional problem(s) raised by the Moderneconomists is / are Read More »

» Fundamentals of Economics and Management solved MCQs

In a network diagram, the activity that must be completed prior to the start of anactivity is called as

» Operations Management and Strategic Management solved MCQs /
Question:

In a network diagram, the activity that must be completed prior to the start of anactivity is called as

A.

Successor activity

B.

Predecessor activity

C.

Concurrent activity

D.

Dummy activity

Answer» b. Predecessor activity

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

In a network diagram, the activity that must be completed prior to the start of anactivity is called as Read More »

» Operations Management and Strategic Management solved MCQs

Demand curve of an Oligopoly firm is characterized by

» Fundamentals of Economics and Management solved MCQs /
Question:

Demand curve of an Oligopoly firm is characterized by

A.

Horizontal to X axis

B.

Kink at the price

C.

U shaped curve

D.

A liner line

Answer» b. Kink at the price

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

Demand curve of an Oligopoly firm is characterized by Read More »

» Fundamentals of Economics and Management solved MCQs

Which of these indicates increase in welfare of the people?

» Fundamentals of Economics and Management solved MCQs /
Question:

Which of these indicates increase in welfare of the people?

A.

Increase in production of war time equipments

B.

Increase in production of food grains

C.

Spurt in smuggling activities

D.

Increase in production of Heroine, smack et(c)

Answer» a. Increase in production of war time equipments

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

Which of these indicates increase in welfare of the people? Read More »

» Fundamentals of Economics and Management solved MCQs