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Cost Accounting

If a and b be the roots of the equation 2×2 + 2x – 3 = 0 then the value of 2ab is

» Fundamentals of Business Mathematics solved MCQs /
Question:

If a and b be the roots of the equation 2×2 + 2x – 3 = 0 then the value of 2ab is

A.

– 6

B.

3

C.

1

D.

– 3

Answer» d. – 3

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

If a and b be the roots of the equation 2×2 + 2x – 3 = 0 then the value of 2ab is Read More »

» Fundamentals of Business Mathematics solved MCQs

Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid

» Laws and Ethics solved MCQs /
Question:

Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid

A.

any time

B.

before the expiry of 10th day of the following month

C.

before the close of the month

D.

before the expiry of 7th day of the following month

Answer» b. before the expiry of 10th day of the following month

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

Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid Read More »

» Laws and Ethics solved MCQs

Which of the following statement is true

» Fundamentals of Economics and Management solved MCQs /
Question:

Which of the following statement is true

A.

Monopolist are price takers

B.

Monopoly firm earn abnormal profits

C.

A Monopoly firm faces straight demand line

D.

Supply curve of a monopoly firm is positive sloped

Answer» a. Monopolist are price takers

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

Which of the following statement is true Read More »

» Fundamentals of Economics and Management solved MCQs

Which of the following is a suitable cost unit for the BPO Services/Call Centers?

» Fundamentals of Costing solved MCQs /
Question:

Which of the following is a suitable cost unit for the BPO Services/Call Centers?

A.

Cost per item

B.

Cost per hour

C.

Cost per account handled

D.

Cost per minute

Answer» c. Cost per account handled

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

Which of the following is a suitable cost unit for the BPO Services/Call Centers? Read More »

» Fundamentals of Costing solved MCQs

One of the requirements of Aggregate Planning is:

» Operations Management and Strategic Management solved MCQs /
Question:

One of the requirements of Aggregate Planning is:

A.

Both output and sales should be expressed in a logical overall unit of measuring

B.

Appropriate time period

C.

List of all resources available

D.

List of operations required.

Answer» a. Both output and sales should be expressed in a logical overall unit of measuring

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

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» Operations Management and Strategic Management solved MCQs

A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

» Laws and Ethics solved MCQs /
Question:

A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

A.

Dormant partner

B.

Ostensible partner

C.

Nominal partner

D.

Partner by estoppel

Answer» b. Ostensible partner

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

A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as Read More »

» Laws and Ethics solved MCQs

Which one is included in financial accounts but not in cost accounts?

» Fundamentals of Costing solved MCQs /
Question:

Which one is included in financial accounts but not in cost accounts?

A.

Royalty

B.

Dividend paid

C.

Excise duty

D.

Carriage and freight

Answer» b. Dividend paid

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

Which one is included in financial accounts but not in cost accounts? Read More »

» Fundamentals of Costing solved MCQs