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Cost Accounting

Which of the following is a central problem of every economy

Question:

Which of the following is a central problem of every economy

A.

Abundance of resources

B.

Scarcity of economic resources

C.

Poverty

D.

Moral and ethical values

Answer» b. Scarcity of economic resources

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

If a variable x takes the values 12 and 24 with equal frequencies, then mean of x is

Question:

If a variable x takes the values 12 and 24 with equal frequencies, then mean of x is

A.

36

B.

18

C.

22

D.

28

Answer» b. 18

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

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» Fundamentals of Business Statistics solved MCQs

The most powerful and popular method for solving linear programming problem is

Question:

The most powerful and popular method for solving linear programming problem is

A.

Simplex method

B.

Graphical method

C.

Transportation method

D.

Assignment method

Answer» a. Simplex method

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

“Individual pension account” means an account of subscriber, executed by acontract setting out the terms and conditions under the

Question:

“Individual pension account” means an account of subscriber, executed by acontract setting out the terms and conditions under the

A.

Provident fund scheme

B.

National pension system

C.

Citizen welfare system

D.

Minimum wage payment scheme

Answer» b. National pension system

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

“Individual pension account” means an account of subscriber, executed by acontract setting out the terms and conditions under the Read More »

» Laws and Ethics solved MCQs

Which Committee is constituted by the occupier to promote cooperation betweenthe workers and management in maintaining proper safety and health at workplace?

Question:

Which Committee is constituted by the occupier to promote cooperation betweenthe workers and management in maintaining proper safety and health at workplace?

A.

Safety Committee

B.

Health Committee

C.

Management Workers Consultative Committee

D.

Maintenance Committee

Answer» a. Safety Committee

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

Which Committee is constituted by the occupier to promote cooperation betweenthe workers and management in maintaining proper safety and health at workplace? Read More »

» Laws and Ethics solved MCQs

Cash is withdrawn by a customer of a bank from the automatic teller machine is an example of

Question:

Cash is withdrawn by a customer of a bank from the automatic teller machine is an example of

A.

Express Contract

B.

Void Contract

C.

Tacit Contract

D.

Illegal Contract

Answer» c. Tacit Contract

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

Cash is withdrawn by a customer of a bank from the automatic teller machine is an example of Read More »

» Laws and Ethics solved MCQs

Which one of the following establishes time sequence of operations?

Question:

Which one of the following establishes time sequence of operations?

A.

Routing

B.

Sequencing

C.

Scheduling

D.

Dispatching

Answer» c. Scheduling

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

In solving a problem on LOB, the number of workstations required is given by:

Question:

In solving a problem on LOB, the number of workstations required is given by:

A.

Cycle time/Total time

B.

Cycle time/Element time

C.

Total time/Element time

D.

Total time/ Cycle time.

Answer» d. Total time/ Cycle time.

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