Cost Accounting

According to Minimum Wages Act, 1948 wage slip shall be issued by every employerto his employees

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Question:

According to Minimum Wages Act, 1948 wage slip shall be issued by every employerto his employees

A.

One day prior to disbursement of wages

B.

On the date of disbursement of wages

C.

One day later to the disbursement of wages

D.

Anytime during the month

Answer» a. One day prior to disbursement of wages

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

An agreement which is enforceable at the option of one or more parties thereto butnot at the option of other or others is called

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Question:

An agreement which is enforceable at the option of one or more parties thereto butnot at the option of other or others is called

A.

Void contract.

B.

Voidable contract.

C.

Void agreement.

D.

Unenforceable contract.

Answer» b. Voidable contract.

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

In aggregate planning one of the methods used to modification of supply is:

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Question:

In aggregate planning one of the methods used to modification of supply is:

A.

Advertising and sales promotion

B.

Development of complimentary products

C.

Backlogging

D.

Hiring and lay off of employees depending on the situation.

Answer» d. Hiring and lay off of employees depending on the situation.

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

One of the aims of loading is:

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Question:

One of the aims of loading is:

A.

To finish the job as early as possible

B.

To minimise the material utilization

C.

To improve the quality of product

D.

To keep operator idle time, material waiting time and ancillary machine time at

Answer» d. To keep operator idle time, material waiting time and ancillary machine time at

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

If S be the set of all prime numbers and M = ሼ𝒙 ∶ 𝟎 ൑ 𝒙 ൑ 𝟗ሽ then M – (S ∩ M) is

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Question:

If S be the set of all prime numbers and M = ሼ𝒙 ∶ 𝟎 ൑ 𝒙 ൑ 𝟗ሽ then M – (S ∩ M) is

A.

ሼ𝟎, 𝟏, 𝟒, 𝟔, 𝟖, 𝟗ሽ

B.

ሼ𝟎, 𝟒, 𝟔, 𝟖ሽ

C.

ሼ𝟏, 𝟐, 𝟒, 𝟔, 𝟖ሽ

D.

ሼ𝟏, 𝟑, 𝟓, 𝟕ሽ

Answer» a. ሼ𝟎, 𝟏, 𝟒, 𝟔, 𝟖, 𝟗ሽ

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

The liability of the partners will continue for the acts done before the dissolution, even after the dissolution, until

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Question:

The liability of the partners will continue for the acts done before the dissolution, even after the dissolution, until

A.

Public notice is given of the dissolution

B.

Partners are getting the final payment

C.

Claim is demanded by the creditors

D.

The death of partners

Answer» a. Public notice is given of the dissolution

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