Q.1
Halsey premium plan is ________.
Q.2
Comparing Rowan plan and Halsey plan, it is seen that when the time saved is less than 50% of the standard time ________._
Q.3
The ascertainment of costs after they have been incurred is known as _________.
Q.4
Under which plan efficiency is shared by employee and employer equally?
Q.5
Which of the following method of wage payment is most suitable where the speed of production is beyond the control of worker?
Q.6
Under which method of wage payment, wages are influenced by idle time?
Q.7
This is a level at which normal issue of material are stopped, but issued under special condition It is ________.
Q.8
Annual usage is 6000 units @ Rs 20 per unit Cost of placing an order is Rs 60 and annual carrying cost of one unit is 10% of inventory value EOQ = __________.
Q.9
Overhead can be classified according to function-wise as ________.
Q.10
Allotment of overhead incurred for a particular cost centre to that specific cost centre is ________.
Q.11
Labour cost is the second element of ________.
Q.12
Idle time is ________.
Q.13
Number of methods available for calculation of Labour turnover is ________.
Q.14
Normal idle time __________.
Q.15
Difference between attendance time and job time is _______.
Q.16
GRN number refers to________.
Q.17
Bin card is maintained by ________.
Q.18
LIFO method of pricing of materials is more suitable when _________.
Q.19
Average method of pricing the material issues is useful when ___________.
Q.20
Material requisition is meant for ________.
Q.21
ABC analysis is ________.
Q.22
Cost of idle time arising due to non availability of raw material is _______.
Q.23
Wage sheet is prepared by ________.
Q.24
Factory overhead can be charged on the basis of _______.
Q.25
Piece workers are paid on the basis of ________.
Q.26
Time wages are paid on the basis of ________.
Q.27
Labour turnover is ______.
Q.28
In__________ the workers are paid on the basis of hourly daily,weekly rate
Q.29
Scrap is ________.
Q.30
Material is issued by store keeper against ________.
Q.31
___________ is the value of economic resources used as a result of producing or doing the thing costed.
Q.32
Perpetual inventory system involves __________
Q.33
Time and motion study is conducted by ________.
Q.34
Office and administrative expenses can be charged on the basis of _______.
Q.35
Differential piece wages means _______.
Q.36
The most important element of cost in manufacturing industries is _________.
Q.37
EOQ stands for ________.
Q.38
FIFO is ________.
Q.39
Under Gantts task and bonus plan no bonus is payable to a worker if his efficiency is less than ________.
Q.40
Job costing used in ________.
Q.41
A document which provides for the detailed cost centre and cost unit is _______.
Q.42
Direct material is a _______.
Q.43
Those cost which is incurred to prevent the labour turnover __________.
Q.44
According to which method of pricing issues is close to current economic values?
Q.45
Continuous stock taking is a part of ________.
Q.46
Which of the following methods of stock control aims at concentrating efforts on selected items of material?
Q.47
Material control involves ________.
Q.48
The main function of cost accounting is _______ reporting
  • Internal
  • External
Q.49
What will the factor be to convert recipe from 6 yield to 14?
  • 2
  • 0.66
  • 0.42
  • 0.58
Q.50
If margin of safety -20%, profit volume ratio -60%, Fixed cost = Rs.75,Find Actual sales.
  • Rs.1,25,000
  • Rs. 1,58,000
  • Rs. 1,50,250
  • Rs. 1,56,250
0 h : 0 m : 1 s