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Cost Accounting

The minimum age limit for appointment of managing director and the wholetimedirector is

Question:

The minimum age limit for appointment of managing director and the wholetimedirector is

A.

18 years

B.

21 years

C.

25 years

D.

30 years

Answer» b. 21 years

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

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» Laws and Ethics solved MCQs

Which of these resources would be called as land in economics

Question:

Which of these resources would be called as land in economics

A.

Coal mines of Bihar

B.

Water resources of Uttaranchal

C.

Mineral deposits of Jharkhand

D.

All the three

Answer» d. All the three

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

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» Fundamentals of Economics and Management solved MCQs

The frequencies of three class intervals 54 – 58, 59 – 63, 64 – 68 of a distribution arerespectively 4, 8 and 12. The frequency density of the 2nd class is

Question:

The frequencies of three class intervals 54 – 58, 59 – 63, 64 – 68 of a distribution arerespectively 4, 8 and 12. The frequency density of the 2nd class is

A.

1

B.

1.2

C.

1.6

D.

2

Answer» d. 2

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

The frequencies of three class intervals 54 – 58, 59 – 63, 64 – 68 of a distribution arerespectively 4, 8 and 12. The frequency density of the 2nd class is Read More »

» Fundamentals of Business Statistics solved MCQs

Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under section 10 of the Sale of Goods Act, 1930, the buyer is

Question:

Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under section 10 of the Sale of Goods Act, 1930, the buyer is

A.

liable to pay the reasonable price of the goods.

B.

liable to pay the minimum price of the goods.

C.

not liable to pay any price until fixed by the valuer.

D.

liable to pay the maximum retail price.

Answer» a. liable to pay the reasonable price of the goods.

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

Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under section 10 of the Sale of Goods Act, 1930, the buyer is Read More »

» Laws and Ethics solved MCQs

If the events A and B are mutually exclusive then

Question:

If the events A and B are mutually exclusive then

A.

P (A + B) = P (A) + P (B)

B.

P (A + B) = P (A) – P (B)

C.

P (A + B) = P (A) P (B)

D.

P (A + B) = 0 18

Answer» a. P (A + B) = P (A) + P (B)

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

If the events A and B are mutually exclusive then Read More »

» Fundamentals of Business Statistics solved MCQs

If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent

Question:

If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent

A.

Depreciation

B.

Rate of inflation

C.

Rate of interest

D.

Tax burden

Answer» b. Rate of inflation

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

If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent Read More »

» Fundamentals of Economics and Management solved MCQs

To plan for future man power requirement:

Question:

To plan for future man power requirement:

A.

Short term forecasting is used

B.

Long range forecasting is used

C.

Medium range forecasting is used

D.

There is no need to use forecasting, as future is uncertain.

Answer» b. Long range forecasting is used

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

Which one of the following standards is associated with the “Quality Assurance inProduction and Installation”?

Question:

Which one of the following standards is associated with the “Quality Assurance inProduction and Installation”?

A.

ISO 9001

B.

ISO 9002

C.

ISO 9003

D.

ISO 9004

Answer» b. ISO 9002

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

Which one of the following standards is associated with the “Quality Assurance inProduction and Installation”? Read More »

» Operations Management and Strategic Management solved MCQs