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Cost Accounting

The best way of improving the productivity of capital is:

Question:

The best way of improving the productivity of capital is:

A.

Purchase automatic machines

B.

Effective Labour control

C.

To use good financial management

D.

Productivity of capital is to be increased through effective materials management.

Answer» d. Productivity of capital is to be increased through effective materials management.

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

For two mutually exclusive events A and B, P (A U B) is equal:

Question:

For two mutually exclusive events A and B, P (A U B) is equal:

A.

P(A) – P(B)

B.

P(A) + P(B)

C.

½ [P(A) + P(B)]

D.

P(A) x P(B)

Answer» b. P(A) + P(B)

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

For two mutually exclusive events A and B, P (A U B) is equal: Read More »

» Fundamentals of Business Statistics solved MCQs

In the situation of increasing prices, the valuation of closing stock is more under:

Question:

In the situation of increasing prices, the valuation of closing stock is more under:

A.

Simple average

B.

Weighted average

C.

FIFO

D.

LIFO

Answer» c. FIFO

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

In the situation of increasing prices, the valuation of closing stock is more under: Read More »

» Fundamentals of Costing solved MCQs

Who is an Adolescent as per Factories Act, 1948?

Question:

Who is an Adolescent as per Factories Act, 1948?

A.

Who has completed 17 years of age

B.

Who is less than 18 years

C.

Who has completed 15 years but less than 18 years

D.

None of these

Answer» c. Who has completed 15 years but less than 18 years

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

Who is an Adolescent as per Factories Act, 1948? Read More »

» Laws and Ethics solved MCQs

When a partnership firm is continued even after the expiry of fixed term is called

Question:

When a partnership firm is continued even after the expiry of fixed term is called

A.

Perpetual partnership

B.

Fixed partnership

C.

Contract partnership

D.

Partnership at will

Answer» d. Partnership at will

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

When a partnership firm is continued even after the expiry of fixed term is called Read More »

» Laws and Ethics solved MCQs

Computers are used in Production control in this area:

Question:

Computers are used in Production control in this area:

A.

Follow-up activity

B.

To control labour

C.

To disseminate information

D.

Loading, Scheduling and Assignment works.

Answer» d. Loading, Scheduling and Assignment works.

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

Computers are used in Production control in this area: Read More »

» Operations Management and Strategic Management solved MCQs