Professional Documents
Culture Documents
Management Accounting
Management Accounting
True/False
Question To take make or buy decision under the marginal costing , if purchase
price of the product is less than its variable cost it is advisable to go for
manufacturing proposition.
Correct Answer False
Your Answer False
True/False
Question Income received in advance transfer to current liabilities
Correct Answer True
Your Answer True
True/False
Question A business is an activity carried out with the intention of earning the
profit.
Correct Answer True
Your Answer True
True/False
Question Accounting is an art of recording, classifying & summarizing in a
significant manner.
Correct Answer True
Your Answer True
True/False
Question For taking make or buy decision marginal costing technique provide
useful assistance.
Correct Answer True
Your Answer True
True/False
Question Profitability statement indicates the amount of assets & liabilities.
Correct Answer False
Your Answer False
True/False
Question The variable costs are controllable at the lower level.
Correct Answer True
Your Answer True
True/False
Question Balance sheet indicates the expenditure & income from the business.
Correct Answer False
Your Answer False
True/False
Question The process of accounting split into three steams i.e. financial, cost,
management accounting.
Correct Answer True
Your Answer True
True/False
Question Non-operating / financial expenses are added while calculating net
profit.
Correct Answer False
Your Answer True
True/False
Question Balance sheet indicates the financial status of the business at given
period.
Correct Answer True
Your Answer True
True/False
Question Due to errors of principle the arithmetical accuracy of the trial balance
does not get affected.
Correct Answer True
Your Answer True
True/False
Question Bin Card is having all the information of item received and issued.
Correct Answer False
Your Answer True
True/False
Question Accounting refers to the process of analyzing & interpreting the
information already recorded in the books of accounts.
Correct Answer True
Your Answer True
True/False
Question
Credit balances in all the Personal & Real accounts appear on asset side.
Correct Answer
False
Your Answer
False
True/False
Question
1) Financial statements are basically in two forms i.e. profitability statement and
balance sheet.
Correct Answer
True
Your Answer
True
True/False
Question
Long term loan borrowed from financial institution comes under the heading of
long term liabilities.
Correct Answer
True
Your Answer
True
True/False
Question
In a Balance-Sheet right hand side is referred as assets side and left hand side is
referred as liabilities.
Correct Answer
True
Your Answer
True
True/False
Question
Credit note is an intimation send to person dealing with the business that his
account being debited for the purpose indicated therein.
Correct Answer
False
Your Answer
False
True/False
Question
Primary distribution is effected on the basis of service rendered to the service
departments by the production departments.
Correct Answer
False
Your Answer
True
True/False
Question
Debit Note is an intimation sent to person dealing with the business that his
account is being credited for the purpose indicated therein.
Correct Answer
False
Your Answer
True
True/False
Question
Financial Accounting discloses the financial performance & financial statements of
the business as a whole.
Correct Answer
True
Your Answer
True
True/False
Question
Balance sheet indicates the expenditure & income from the business.
Correct Answer
False
Your Answer
True
True/False
Question
Uniform costing system is a pre-requisite to an inter-firm comparison of firms
belonging to the different industries.
Correct Answer
False
Your Answer
False
True/False
Question
P&L statement which is a period statement & relates to a certain period tells
about results of operations.
Correct Answer
True
Your Answer
False
True/False
Question
Under time rate system a worker is paid on the basis of production achieved by
him in a given time.
Correct Answer
False
Your Answer
False
True/False
Question
Danger level for inventory of materials means the safety stock of inventory.
Correct Answer
False
Your Answer
True
True/False
Question
The role of the budget committee may be taken as an advisory role to the Chief
Executive.
Correct Answer
True
Your Answer
True
True/False
Question
Maintenance Department is a service cost centre.
Correct Answer
True
Your Answer
True
True/False
Question
The process of accounting split into three steams i.e. financial, cost, management
accounting.
Correct Answer
True
Your Answer
True
True/False
Question
Penalty paid for delay in payment to creditors represents uncontrollable cost.
Correct Answer
False
Your Answer
False
True/False
Question
IT jobs still remain the best paying jobs in the country.
Correct Answer
True
Your Answer
True
True/False
Question
Within the factory group promotion is important.
Correct Answer
False
Your Answer
True
True/False
Question
Indirect labour cost forms a part of overheads.
Correct Answer
True
Your Answer
True
True/False
Question
Performance standards & norms for incentive payments should be set up high for
better results.
Correct Answer
False
Your Answer
False
True/False
Question
To maintain best manpower in the organization, Management Incentive Plan based
on the individual performance is necessary.
Correct Answer
True
Your Answer
True
True/False
Question
Wage and salary administration should be controlled by some proper agency.
Correct Answer
True
Your Answer
False
True/False
Question
Contribution to the Provident Funds are made at certain rate or certain
percentage of salary of employee, only by the Employer.
Correct Answer
False
Your Answer
False
True/False
Question
Incentive schemes should be installed right from beginning of production.
Correct Answer
False
Your Answer
True
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Posted by Bhavin Swadas at 6:37 AM 0 comments
Labels: Compensation Management, PGDBA Assignments, SCDL Assignments, SCDL
Paper, SCDL Papers, SCDL Solved Assignment, SCDLSolved Assignment
Maintenance Management - 10
SCDL Assignments on Maintenance Management
Question The supervisor must have good knowledge of his job, he should be able to
lead by example.
Correct Answer True
Question The progress of work inside the plant can be viewed at glance by putting
up a ________ in the control room.
Correct Answer Schedule Board
Question On What basis time estimates are calculated for every job while
preparing schedules of work in overhauling?
Correct Answer Standard Time
Question The choice of equipment and supplier must be done keeping in mind the
________ in the future.
Correct Answer Maintenance cost
Question Following equipment must be tested for correct load bearing capacity :-
Correct Answer Scaffolding , Ladder , Platform
Question What is required to bring people together & working in one direction to
achieve goals?Correct Answer Team spirit
Question Shelves, Closets such fittings are consider as costing centers for buildings
in the assets register.
Correct Answer True
Question Which type of task is a preparation of policy of procurement?
Correct Answer Single contract task
Question Work order release system is the ________ to start the maintenance
activity at the correct frequencies.
Correct Answer Trigger
Question Which of the following are diagnostics instrument which are used in
maintenance management?
Correct Answer Time Tester , Safety checker for portable electrical tools ,
TemperatureSensitive Crayons
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Posted by Bhavin Swadas at 4:21 AM 0 comments
Labels: Maintenance Management, SCDL Assignments, SCDL Paper, SCDL Papers,
SCDL Solved Assignment, SCDLSolved Assignment
FRIDAY, JULY 10, 2009
True/False
Question Liability of a minor partner is limited to investment only.
Correct Answer True
Your Answer True
True/False
Question MBO programs are not expensive and are less time taken
Correct Answer False
Your Answer True
True/False
Question Merrick's differential piece rate method has similar advantages &
disadvantages as Taylor's system
Correct Answer True
Your Answer True
True/False
Question Apprenticeship is the oldest and the most commonly used methos of
training in crafts, traders and technial areas
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question What is the formula used to work out no. of possible combinations in
paired comparison method
Correct Answer N ( N - 1 ) / 2
Your Answer N ( N - 1 ) / 2
Enterprises in which Government holds not less than 51% of the paid up capital are
called as Government Companies Government Companies
True/False
Question Every standard is a specification.
Correct Answer True
Your Answer True
True/False
Question Economy in material handling is obtained by use of equipment that is
capable of variety of applications.
Correct Answer True
Your Answer True
True/False
Question Supply and stock are synonymous.
Correct Answer False
Your Answer True
True/False
Question The productivity of the system can be improved by maximising the waste
occuring in the system.
Correct Answer False
Your Answer False
True/False
Question Fixed costs varies with production volume.
Correct Answer False
Your Answer True
Posted by Bhavin Swadas at 1:16 AM 0 comments
Labels: Industrial Management, SCDL Assignments, SCDL Paper, SCDL Papers, SCDL
Solved Assignment
True/False
Question
Relationships have to be mutually beneficial and healthy to both the parties.
Correct Answer
True
Your Answer
True
True/False
Question
The complimentary close of a letter must agree in tone with salutation.
Correct Answer
True
Your Answer
True
True/False
Question
The shortcomings of oral communication has paved the way for use of written
communication.
Correct Answer
True
Your Answer
True
Multiple Choice Multiple Answer
Question
The advantages of written communication are
Correct Answer
Accuracy , Can be recorded , Brevity
Your Answer
Accuracy , Can be recorded , Brevity
True/False
Question
One year of our life is lost searching things
Correct Answer
True
Your Answer
True
True/False
Question
Business Communication is always goal oriented
Correct Answer
True
Your Answer
True
True/False
Question
Printing house journals maintain public relations within the organisation.
Correct Answer
True
Your Answer
True
True/False
Question
To avoid stress stay away from things that are negative
Correct Answer
True
Your Answer
True
True/False
Question
Charts,Film slides,transparencies are types of audio aids
Correct Answer
True
Your Answer
True
Principle of ________ arises if the same subject matter is insured with two or
more insurers.
Contribution
________ insurance takes care of properties like money, plate glass, cattle,
television etc.
Miscellaneous
The most effective and powerful cause which has brought out the loss is called
________ cause.
Proximate
The total sum insured under section I A i.e. building and B contents of
shopkeeper's policy should not exceed Rs.________/-.
10, 00,000
Cattle insurance does not cover claim within fifteen days from date of risk
covered
True
If the policy is cancelled at the option of the Insurer, refund of premium shall
be :
On pro-rata basis