SCDL Materials Management - 4 Papers

SCDL Assignment on Materials Management - 4
Materials Management - 4 Papers

Select The Blank
Question
Inspection methods analyze ________.
Correct Answer
Degree of inspection
Your Answer
Quality of material

Multiple Choice Single Answer
Question
In Fixed-Order quantity system, cycle time of consumption should be :-
Correct Answer
More than lead time
Your Answer
Less than lead-time

Select The Blank
Question
In the ________ , the composition of code is in three groups of digits that are separated by hyphens, the hyphens serves to break the code into easy to handle group of digits.
Correct Answer
Kodak system
Your Answer
Kodak system

Multiple Choice Single Answer
Question
A buyer gives wrong idea to his supplier about his requirements or show a fictitious figure to get some price discount is called as :-
Correct Answer
Misrepresentation of facts
Your Answer
Misrepresentation of facts

Multiple Choice Single Answer
Question
JIT is an :-
Correct Answer
Inventory reduction technique
Your Answer
Just-in-time

Multiple Choice Single Answer
Question
Issues to top up supply to pre-fixed levels of items are :-
Correct Answer
Imprest issues
Your Answer
Imprest issues

True/False
Question
Two bin system is better as compared to perpetual inventory system.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Annual total cost changes :-
Correct Answer
If stock turnover rate changes , If quantity changes
Your Answer
If stock turnover rate changes , If procurement cost changes , If set-up cost changes

True/False
Question
Functionally critical parts require to be covered under cent per cent inspection
Correct Answer
True
Your Answer
False

Select The Blank
Question
GRR are sent from ________.
Correct Answer
Stores Dept.
Your Answer
Stores Dept.

Multiple Choice Single Answer
Question
Competitive price information must be treated as confidential and should not be disclosed to the bidders with an intention of allowing them to rebid is :-
Correct Answer
Improprieties of bids
Your Answer
Price disclosure

Select The Blank
Question
Good ________ relations are necessary for effective materials planning as every department is involved in materials planning because each department requires one item or other another.
Correct Answer
Departmental
Your Answer
Departmental

Multiple Choice Multiple Answer
Question
The following are the actions would help to improve effectiveness of materials planning :-
Correct Answer
Accurate forecasting , Computerization , Shorter materials plan period
Your Answer
Accurate forecasting , Computerization , Shorter materials plan period

Match The Following
Question
Correct Answer
Your Answer
JE
Journal Entries
Journal Entries
PO
Purchase order
Purchase order
GRN
Goods receipt note
Goods receipt note
DN
Discrepancy note.
Discrepancy note.

True/False
Question
Cancellation of orders on flimsy ground is unethical.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Standardized containers eliminates ________
Correct Answer
Transit damage
Your Answer
Transit damage

Multiple Choice Single Answer
Question
Purchase order offers acceptance and have been clearly laid down in :-
Correct Answer
Indian Contract act 1872
Your Answer
Indian Contract act 1872

Multiple Choice Single Answer
Question
For the inspection of Stationery which department is responsible?
Correct Answer
Stores
Your Answer
Stores

Match The Following
Question
Correct Answer
Your Answer
FAS (4-2)
Sale at the port of destination
Sale at port of export
FOB (1-1)
Sale is made on FOB vessel
Sale is made on FOB vessel
CIF (2-4)
Sale is made at port of destination
Sale at the port of destination
CFR (3-3)
Sale at port of export
Sale is made at port of destination

Multiple Choice Single Answer
Question
Reprocessing of Scrap is :-
Correct Answer
Reclaiming for re-use
Your Answer
Reclaiming for re-use

Multiple Choice Single Answer
Question
Limit gauges are used to verify :-
Correct Answer
Whether the product is within the specification
Your Answer
Whether the product is within the specification

Multiple Choice Single Answer
Question
Which of the following is not the internal factor influencing materials planning?
Correct Answer
International market
Your Answer
International market

Multiple Choice Single Answer
Question
The system should be designed in such a way that it serves the advantages that are expected to accrue from it, is called as :-
Correct Answer
Objective oriented
Your Answer
Objective oriented

Multiple Choice Single Answer
Question
Real creative ideas results :-
Correct Answer
When members ventures into impossible areas
Your Answer
When opportunity is given to staff

Multiple Choice Multiple Answer
Question
Segregation of scrap means :-
Correct Answer
Sorting by type, size, grade etc. , Sorting by grade, weight
Your Answer
Sorting by type, size, grade etc. , Sorting by grade, weight

Select The Blank
Question
________clause should be inserted in the purchase order of items critical to project to induce supplier for early completion of the orders.
Correct Answer
Bonus
Your Answer
Penalty for delay

True/False
Question
Single tender system is used when there is only one supplier of the item.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Following are benefits of scientific stoke management :-
Correct Answer
Reduction in downtime by efficient issues , Inventory control , Very less time required to identify & issue material
Your Answer
Reduction in downtime by efficient issues , Inventory control , Very less time required to identify & issue material

True/False
Question
Stores is the "Safe Custody" for keeping materials
Correct Answer
True
Your Answer
True

True/False
Question
Value analysis is the cost reduction technique.
Correct Answer
True
Your Answer
True

True/False
Question
Codification avoids confusion and doubt caused by long description of items.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Complaints concerning should be made in such a way that negative reactions are avoided such as :-
Correct Answer
Delivery failures , Rejection , Shortages
Your Answer
Delivery failures , Rejection , Shortages

True/False
Question
A firm engaged in custom-built-product, is usually plagued with obsolete material.
Correct Answer
True
Your Answer
True

Select The Blank
Question
________ refers to the procurement of the requirements of all departments of the firm by a central purchase organization.
Correct Answer
Centralisation
Your Answer
Centralisation

Multiple Choice Multiple Answer
Question
Conventional machine set-up time includes :-
Correct Answer
Tool replenishment , First piece inspection
Your Answer
Tool replenishment , First piece inspection , Set-up

Multiple Choice Multiple Answer
Question
Stock-out is due to :-
Correct Answer
Unusual high demands , Delay in deliveries
Your Answer
Unusual high demands , Delay in deliveries , Machine break-down

True/False
Question
Negotiation should end up with an unhappy supplier.
Correct Answer
False
Your Answer
False

Select The Blank
Question
Systematic, formal and continuous analysis of all factors affect ________ management function is known as Materials research.
Correct Answer
Materials
Your Answer
Materials

True/False
Question
Since stock-taking is a check on storekeeper, it should not be conducted by him.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
Salient features of the working of the price panel are as under :-
Correct Answer
Usage value above which the panel is to approve of the price is specified. , Vendor development department is required to give cost break up to the secretary of the price panel , Members of the panel meet to scrutinize and discuss the cost aspects.
Your Answer
Usage value above which the panel is to approve of the price is specified. , Vendor development department is required to give cost break up to the secretary of the price panel , Members of the panel meet to scrutinize and discuss the cost aspects.

Multiple Choice Multiple Answer
Question
Application for an import license must be signed from :-
Correct Answer
Proprietor , Partner of firm , Person duly authorized by board of directors of company
Your Answer
Proprietor , Partner of firm , Person duly authorized by board of directors of company

True/False
Question
Manual inspection is economical when volume of output is small.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
For large organizations where product is made up of assemblies of manufactured components raw material store is subdivided into :-
Correct Answer
Foundry store , Tool crib , Maintenance store
Your Answer
Foundry store , Tool crib , Goods inward store

True/False
Question
Post parcel consignments are cleared through customs & clearance is done through foreign post office.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
What is the meaning of discharge of contract by novation?
Correct Answer
If the parties agree to substitute a new contract in place of existing one or alter it, original contract is discharged
Your Answer
If the parties agree to substitute a new contract in place of existing one or alter it, original contract is discharged

Select The Blank
Question
Quantity delivered of goods must be according to the ________.
Correct Answer
Terms of contract
Your Answer
Terms of contract

Multiple Choice Single Answer
Question
Which of the following is not the external factor influencing materials planning?
Correct Answer
Corporate objective
Your Answer
Corporate objective

Maintenance Management , SCDL Solved Papers on Maintenance Management

Assignments of Maintenance Management
SCDL Solved Papers on Maintenance Management


Assignments of Maintenance Management - 5
LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Match The Following
Question
Correct Answer
Your Answer
Repair Maintenance Course
Principles of Equipments
Chars & reports
Safety course
Nature of Accidents
Nature of Accidents
Computer training
Terminology
Terminology
Staff Development courses
Hierarchy in the organisation
Hierarchy in the organisation

True/False
Question
In the drawing of machinery both views to be shown.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Value analysis applies ________ approach to find out unnecessary cost.
Correct Answer
Creative
Your Answer
Knowledge base

Multiple Choice Multiple Answer
Question
Development of subordinates broadly will depend on :-
Correct Answer
The level of education , The level of personal skill , The level of intelligence
Your Answer
The level of education , The level of personal skill , The level of intelligence

Select The Blank
Question
Work order release system is the ________ to start the maintenance activity at the correct frequencies.
Correct Answer
Trigger
Your Answer
Trigger

True/False
Question
Electrical energy is the most commonly used form of energy.
Correct Answer
True
Your Answer
True

Select The Blank
Question
The maintenance earns profit by________.
Correct Answer
Zero Faults
Your Answer
Zero Faults

Select The Blank
Question
There are ________ chemicals which are in common use.
Correct Answer
60000
Your Answer
60000

Select The Blank
Question
In ________ phase the plant is observed for any indications of defects.
Correct Answer
Post overhaul
Your Answer
Post overhaul

Multiple Choice Multiple Answer
Question
In Maintenance Control Model following things are very important :-
Correct Answer
Lubrication Schedule , Preventive Maintenance , Inspection Schedule
Your Answer
Lubrication Schedule , Preventive Maintenance , Inspection Schedule

Multiple Choice Single Answer
Question
Overtime working of operator make them less alert mentally & physically, this may cause :-
Correct Answer
Accident
Your Answer
Accident

Select The Blank
Question
A unit called ________ measures illumination.
Correct Answer
Lux
Your Answer
Lux




Assignments of Maintenance Management - 4
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question
Preventive maintenance program reduces overall maintenance cost which also include spare cost.
Correct Answer
True
Your Answer
True

True/False
Question
Textile oil is nothing but automotive lubricative oil.
Correct Answer
False
Your Answer
False

True/False
Question
The time period for budget is taken as one year.
Correct Answer
True
Your Answer
True

True/False
Question
Now a days a trend is emerging of employing multi skilled executives who are trained in many disciplines.
Correct Answer
True
Your Answer
True

True/False
Question
Maintainability is defined as ease with which product can be serviced or repaired.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Which qualities are required for Maintenance Inspector?
Correct Answer
Sound Judgement ability
Your Answer
Fault system analysis

Match The Following
Question
Correct Answer
Your Answer
Control System
Feedback of Information
Feedback of Information
Work Order Release System
Trigger to start activities
Trigger to start activities
Technical Literature
Relevant Drawings
Relevant Drawings
Progress of Work
Schedule Board
Maintenance Record

Multiple Choice Multiple Answer
Question
The subjective evaluation method characteristics are :-
Correct Answer
Attitude to change , Moral of maintenance staff , Safety consciousness
Your Answer
Objectives of the organization , Attitude to change , Moral of maintenance staff

Select The Blank
Question
Adequate ________ should be provided in the design of the equipment to prevent any mishap.
Correct Answer
Interlocks, safety alarms
Your Answer
Interlocks, safety alarms

Select The Blank
Question
________ is extensively used in testing pressure vessels & steam pipes.
Correct Answer
Leakage Testing
Your Answer
Pressure Testing

Multiple Choice Single Answer
Question
How a molecule of fuel fragmented?
Correct Answer
H+ and OH-
Your Answer
H+ and OH-

Multiple Choice Single Answer
Question
Normally Ratio of Unplanned work to planned work is given in :-
Correct Answer
Maintenance Report & Analysis
Your Answer
Maintenance Report & Analysis

True/False
Question
The steam trap plays a vital role in the performance of the machine.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Proper spare part will enhance the life of equipment and will save vital :-
Correct Answer
Capital expenditure
Your Answer
Time to restore production

Multiple Choice Multiple Answer
Question
Spare part can be categorized by :-
Correct Answer
The speed of use , Its value , Its availability
Your Answer
Its value , Its availability , Its source of supply

Multiple Choice Multiple Answer
Question
Which are the ways to release work orders?
Correct Answer
Supervisors himself issues it , To display on work order board , To put it in allotted flaps of workers
Your Answer
To display on work order board , To put it in allotted flaps of workers , Let workers ask about it

Match The Following
Question
Correct Answer
Your Answer
Scheduling
Necessary
As per Plan
Down time control
Zero
Required
Inventory level
Low
Low
Preventative maintenance
As per Plan
Necessary

Select The Blank
Question
Maintenance department falls under ________ department.
Correct Answer
Service
Your Answer
Procurement

Select The Blank
Question
Lubrication of machines is done________.
Correct Answer
As per schedule
Your Answer
As per schedule

Multiple Choice Single Answer
Question
Before starting evaluation of maintenance function, it is better to start with :-
Correct Answer
SWOT analysis of maintenance function
Your Answer
SWOT analysis of maintenance function

Multiple Choice Single Answer
Question
The maintenance analysis gives total down time and its percentage with respect to :-
Correct Answer
Total available period
Your Answer
Total available period

Select The Blank
Question
The maintenance earns profit by________.
Correct Answer
Zero Faults
Your Answer
Low Breakdown

Multiple Choice Single Answer
Question
The modern management is composed of evaluation, refinement and integration of functional objectives into an :-
Correct Answer
Integrated corporate goal
Your Answer
Integrated organization goal

Multiple Choice Multiple Answer
Question
The objective inventory control is :-
Correct Answer
To reduce lead time , To reduce finance cost of inventory , To reduce storage cost of material
Your Answer
To reduce finance cost of inventory , To over stock material to avoid shortages , To reduce storage cost of material

Multiple Choice Multiple Answer
Question
The three major cost associated with inventories are :-
Correct Answer
Inventory carrying cost , Ordering cost , Stock out cost
Your Answer
Inventory carrying cost , Ordering cost , Stock out cost

Multiple Choice Multiple Answer
Question
The price structure of purchased equipment generally consist of :-
Correct Answer
The basic price of the machine , The nature of taxes and duties , The price of essential spares for sufficient stock, transport, Insurance etc.
Your Answer
The basic price of the machine , The nature of taxes and duties , The price of essential spares for sufficient stock, transport, Insurance etc.

Select The Blank
Question
In Japan & Western countries equipment discarded after about ________ years.
Correct Answer
7
Your Answer
10

Select The Blank
Question
Moving objects wear out giving rise to ________.
Correct Answer
Debris
Your Answer
Viscosity

Multiple Choice Single Answer
Question
Which of the following is process variable which can affect the equipment?
Correct Answer
Flow rate of process fluid
Your Answer
Flow rate of process fluid

True/False
Question
Value analysis is one way to attempt for quality simplification.
Correct Answer
True
Your Answer
True

Select The Blank
Question
a ________ is the cost of money invested in stocks is usually borrowed from banks as working capital.
Correct Answer
Financing cost
Your Answer
Financing cost

True/False
Question
Defect analysis gives us information about commonly faced problems.
Correct Answer
True
Your Answer
True

Select The Blank
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
Your Answer
Job Card

Multiple Choice Multiple Answer
Question
What are the essentials of well planned lubrication system?
Correct Answer
Frequency of lubrication , Quality of lubricant , Quantity of lubricant
Your Answer
Frequency of lubrication , Quality of lubricant , Quantity of lubricant

True/False
Question
Technology review is done to check the performance efficiency of plant.
Correct Answer
True
Your Answer
True

Select The Blank
Question
The manufacturing time for spare parts can vary from________.
Correct Answer
Zero to one year
Your Answer
Zero to one year

Multiple Choice Single Answer
Question
Freight & packing/forwarding brought down to 1% from 5% is example of :-
Correct Answer
Cost reduction
Your Answer
Cost reduction

Multiple Choice Multiple Answer
Question
The following costs can be treated under the heads of Wages and salaries :-
Correct Answer
The salaries of foreman, fitters, electricians etc. , Overtime charges. , Contract labor charges.
Your Answer
The salaries of foreman, fitters, electricians etc. , Overtime charges. , Contract labor charges.

True/False
Question
Too may cooks spoil the broth.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Some of the elements of the ordering cost are :-
Correct Answer
Cost of stationary used for purchase function , Depreciation for the furniture, computer & other equipments , Entertainment of vendors.
Your Answer
Cost of stationary used for purchase function , Depreciation for the furniture, computer & other equipments , Entertainment of vendors.

Multiple Choice Single Answer
Question
Which two departments are closely related to each other?
Correct Answer
Production & maintenance
Your Answer
Production & maintenance

Select The Blank
Question
________ is the period that elapses between the recognition of the need of spare parts and its fulfillment.
Correct Answer
Lead time
Your Answer
Lead time

Multiple Choice Single Answer
Question
The responsibility of maintenance Department is to ensure cost at :-
Correct Answer
Minimum
Your Answer
Standard

Multiple Choice Multiple Answer
Question
Master list of all the supplier should consist of information such as :-
Correct Answer
Name, address, telephone, fax nos , Financial status , His rating for the year.
Your Answer
Name, address, telephone, fax nos , Financial status , His rating for the year.

Multiple Choice Multiple Answer
Question
What should be contents of Computer training?
Correct Answer
Computer Terminology , It's use in Maintenance , How to handle it
Your Answer
Computer Terminology , It's use in Maintenance , How to handle it

Multiple Choice Single Answer
Question
What can be minimized by detecting an incipient fault?
Correct Answer
Damage
Your Answer
Accident

Multiple Choice Multiple Answer
Question
Some of the elements of inventory carrying cost are :-
Correct Answer
Storage expenses , Insurance charges , Cost of deterioration
Your Answer
Storage expenses , Insurance charges , Cost of deterioration

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Supply Chain Management - 5 SCDL Assignments

SCDL Assignments of Supply Chain Management - 5

Supply Chain Management - 5 Papers

Multiple Choice Single Answer
Question
In the world class logistics study (Published in 1995) there is requirement of :-
Correct Answer
New SCM approach
Your Answer
New SCM approach

Multiple Choice Single Answer
Question
An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :-
Correct Answer
Simulation Model
Your Answer
APIOBPCS

Select The Blank
Question
EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate.
Correct Answer
Reasonably
Your Answer
Reasonably

True/False
Question
Orders arrive in one batch with a known lead time arriving just as stock is exhausted.
Correct Answer
True
Your Answer
True

True/False
Question
To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed but seek to reduce them.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity.
Correct Answer
Minimise
Your Answer
Minimise

True/False
Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
The media for EDI communication are :-
Correct Answer
LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer
Magnetic Tape/ Internet , Direct Data communication Link , VAN

True/False
Question
If you use only Transport Kanban in Kanban process then it is known as simple Kanban process.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Supply chains consist of ________ of companies.
Correct Answer
Multiple Layers
Your Answer
Multiple Layers

Multiple Choice Multiple Answer
Question
The data entered for the problem scenario are :-
Correct Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product
Your Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product

True/False
Question
EDI helps in Performance Improvement.
Correct Answer
True
Your Answer
True

True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False

Select The Blank
Question
The retailers undertake Pareto Analysis routinely to ________ turnover of item.
Correct Answer
Compare
Your Answer
Calculate

True/False
Question
There are no international EDI standards. The user organization require to develop it for their operation only.
Correct Answer
False
Your Answer
True

Select The Blank
Question
In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity.
Correct Answer
Exceeding
Your Answer
Not meeting

Multiple Choice Multiple Answer
Question
The problems faced by the HP DCs due to traditional system were :-
Correct Answer
Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed
Your Answer
Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed

Select The Blank
Question
The realistic ________ demonstrate the benefits of a holistic view of supply chain information flow.
Correct Answer
Simulation Model
Your Answer
Simulation Model

Multiple Choice Single Answer
Question
The Central idea in supply chain is to focus on :-
Correct Answer
Key Metrics
Your Answer
Key Metrics

Multiple Choice Single Answer
Question
Which network between companies making different ingredients to many products can be charted?
Correct Answer
Supply network
Your Answer
Supply network

Multiple Choice Multiple Answer
Question
Risk a stock out can be faced because of :-
Correct Answer
Delay in resupply , Higher than anticipated usage , Unpredictable demand
Your Answer
Delay in resupply , Higher than anticipated usage , Unpredictable demand

Multiple Choice Single Answer
Question
The decision to hire 3PL services appears to originate from :-
Correct Answer
Top Management
Your Answer
Top Management

Select The Blank
Question
The purpose of the analysis is to discern some relationship between Y1 values observed so far in order to ________ us to forecast future values of Y1.
Correct Answer
Enable
Your Answer
Enable

Multiple Choice Single Answer
Question
Just in Time means that items move through which system as & when they are needed?
Correct Answer
Production
Your Answer
Production

True/False
Question
The enriching the order decisions with market place information enables the factory to be much more responsive, since less supply chain Filtering is taking place.
Correct Answer
True
Your Answer
True

True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False

True/False
Question
JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
The mechanism by which material and information flows through supply chain, is known as :-
Correct Answer
Pipeline
Your Answer
Logistics

Multiple Choice Multiple Answer
Question
Following are some of the tools for Supply Chain Measurement :-
Correct Answer
Supply Chain cycle Time , Inventory Replenishment Cycle Time , Cash to cash cycle time
Your Answer
Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time

Match The Following
Question
Correct Answer
Your Answer
Capacity Utilization
This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested
It relates with the ability to perform the promised services with dependability and accuracy
Reliability
It relates with the ability to perform the promised services with dependability and accuracy
It relates to willingness to help customer and provide prompt service
Quality of operation
This relates to customer requirement & needs being consistently satisfied
This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested
Speed of operation
This is efficient use of time from order to delivery
This is related to production requirement and needs to be consistently satisfied

Select The Blank
Question
Simple method for Time series forecasting is to take a ________ Average.
Correct Answer
Moving
Your Answer
Moving

Multiple Choice Multiple Answer
Question
Which of the following are the modes of transport?
Correct Answer
Rail , Ocean , Air
Your Answer
Rail , Ocean , Air

Multiple Choice Multiple Answer
Question
EDIFACT is :-
Correct Answer
Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard
Your Answer
Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard

Multiple Choice Multiple Answer
Question
In SCM metrics, Training means :-
Correct Answer
Inhouse training , APICS Membership , Certification Training
Your Answer
Inhouse training , APICS Membership , Certification Training

Multiple Choice Single Answer
Question
In the field of IT enabled Supply Chain, "TPS" means:-
Correct Answer
Transaction Processing system
Your Answer
Transaction Processing system

Multiple Choice Single Answer
Question
By delaying expensive operations & the point of product differentiation, enables company to maintain what portion of its inventories in cheaper form?
Correct Answer
Bulk
Your Answer
Bulk

Multiple Choice Multiple Answer
Question
Fixed quantity systems :-
Correct Answer
Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts
Your Answer
Are easy to manage , Can cope well with demand variability , Facilitate lower stocks

Multiple Choice Multiple Answer
Question
The MRP output consists of :-
Correct Answer
Scheduled receipt , Projected net required , Planned order Release , Projected sales
Your Answer
Scheduled receipt , Projected net required , Planned order Release

Multiple Choice Single Answer
Question
In the current business scenario Indian organisations require to improve customer service to become perfect in :-
Correct Answer
Customer centric process
Your Answer
Customer centric process

Multiple Choice Multiple Answer
Question
Which are the SMART goals?
Correct Answer
Specific , Measurable , Attainable
Your Answer
Specific , Measurable , Attainable

Match The Following
Question
Correct Answer
Your Answer
Seamless SCM
Towill
Burbidge
Value of Information
Glazer
Towill
Filtering
Del-Vecchio
Van Amstel
Industrial dynamics
Burbidge
Del-Vecchio

Select The Blank
Question
BOMs are structural ________ that changes relatively infrequently.
Correct Answer
Information
Your Answer
Information

Multiple Choice Single Answer
Question
Hiring cost per employee is:-
Correct Answer
Hiring cost
Your Answer
Hiring cost

Multiple Choice Single Answer
Question
The supply chain management is compared by " Cooper and Ellram" with :-
Correct Answer
Relay Team
Your Answer
Relay Team

Select The Blank
Question
ODETTE an EDI Format is developed & used by ________motor Industry.
Correct Answer
European
Your Answer
European

Financial Management part4 - SCDL Assignement

Financial Management part4 - SCDL Assignement
Financial Management Paper of SCDL

Multiple Choice Single Answer
	Question	A private limited company and a public limited company are similar on the basis of
	Correct Answer	Limited liability
	Your Answer	Invitation to public for subscription for any shares
	Select The Blank
	Question	Subscription list of a public issue of shares shall be kept open for minimum ________ working days
	Correct Answer	3
	Your Answer	3
	True/False
	Question	Loans from financial corporations etc. are sources of cash
	Correct Answer	True
	Your Answer	False
	Multiple Choice Single Answer
	Question	According to the Irrelevance approach of dividend policy, the value of the company
	Correct Answer	remains unaffected by the dividend policy of the company
	Your Answer	will increase if dividend payout is on the higher side
	Multiple Choice Multiple Answer
	Question	International financial function of the organisation comprises of :
	Correct Answer	Study of flow of funds beyond national boundaries , Exchange of currencies
	Your Answer	Study of flow of funds beyond national boundaries , Exchange of currencies , Financial matters of Government
	Multiple Choice Single Answer
	Question	The hidden cost of capital which is not incurred directly is referred to as
	Correct Answer	Implicit cost
	Your Answer	Explicit cost
	True/False
	Question	In calculating funds from operations non-business expenses like dividends paid etc. as well as non cash expenses like depreciation etc. are added back in the net profits shown by the Profit & Loss Account
	Correct Answer	True
	Your Answer	True
	True/False
	Question	Accounts Receivable is an example of current assets
	Correct Answer	True
	Your Answer	True
	Multiple Choice Multiple Answer
	Question	The advantages of leasing for the lessee are
	Correct Answer	The payment of lease rents is the tax deductible expenditure , It is the quickest method of financing the requirements of long term capital , Avoids risk of ownership
	Your Answer	The payment of lease rents is the tax deductible expenditure , It is the quickest method of financing the requirements of long term capital , Avoids risk of ownership
	Multiple Choice Multiple Answer
	Question	The book-keeping and accounting activities in relation to the receivables management undertaken by the factor includes
	Correct Answer	Maintenance of debtors ledger , Various periodical reports about outstanding from the customers , Age-wise analysis of the outstanding
	Your Answer	Maintenance of debtors ledger , Preparing financial statements , Age-wise analysis of the outstanding
	Select The Blank
	Question	________ is one of the current assets that takes the longest time to get converted into cash
	Correct Answer	Stock
	Your Answer	Stock
	Select The Blank
	Question	From the following data, the Earning per share is ________ : Net Profit before tax Rs. 2,00,000/-, Taxation at 50% of Net Profit, 10% Preference Share Capital (Rs. 10 each) Rs. 1,00,000/-, Equity Share Capital (Rs. 10 each) Rs. 1,00,000/-
	Correct Answer	9
	Your Answer	4
	Multiple Choice Multiple Answer
	Question	Advantages of Preference shares from shareholders point of view
	Correct Answer	For a corporate investor, preference dividend income , It earns a stable dividend rate
	Your Answer	For a corporate investor, preference dividend income , It earns a stable dividend rate , No collateral is pledged in favour of preference shareholders

	LIST OF ATTEMPTED QUESTIONS AND ANSWERS
	Multiple Choice Single Answer Question The capacity of the existing owners of the company to retain control over operations of the company is termed under Correct Answer Control factor Your Answer Control factor Multiple Choice Single Answer Question The entire requirement of working capital arises due to the Correct Answer time gap involved in various stages of the cycle Your Answer time gap involved in various stages of the cycle True/False Question The term Accrued Income and Outstanding Income have synonymous meaning Correct Answer False Your Answer False Select The Blank Question ________ will be shown as source of funds net of proposed dividend Correct Answer Operating Profit Your Answer Earning after tax Multiple Choice Multiple Answer Question Overall profitability ratio includes Correct Answer Return on Asset , Return on Shareholders Funds Your Answer Return on Asset , Return on Shareholders Funds Multiple Choice Single Answer Question The ratio which indicate the long term financial prospects of the company are Correct Answer Solvency ratios Your Answer Solvency ratios Select The Blank Question The comparison of the ratios of one organisation with that of the other organisation is termed as ________ comparison Correct Answer Inter-firm Your Answer Inter-firm True/False Question Quick Assets are the most liquid of current assets Correct Answer True Your Answer True Select The Blank Question As per the Tandon Committee, the norms suggested for consumption of raw materials should be in ________ Correct Answer months Your Answer months Multiple Choice Single Answer Question The ratio which indicates the credit policy followed by a business firm is known as Correct Answer Debtors turnover ratio Your Answer Debtors turnover ratio Multiple Choice Single Answer Question Gross Profit ratio is calculated as Correct Answer [(Gross Profit / Net Sales)] * 100 Your Answer [(Gross Profit / Net Sales)] * 100 Multiple Choice Multiple Answer Question Advantages of Centralised disbursements Correct Answer It increases the transit time , Minimum cash balance can be maintained only in case of central bank account instead of four different branches , To maintain the bank accounts at different branches may prove to be administratively difficult Your Answer Minimum cash balance can be maintained only in case of central bank account instead of four different branches , To maintain the bank accounts at different branches may prove to be administratively difficult Multiple Choice Multiple Answer Question Advantages of Debentures from company's point of view are Correct Answer The specific cost of debt capital represented by debentures is lower than the cost of preference or equity capital , Debenture financing does not result in dilution of control Your Answer The specific cost of debt capital represented by debentures is lower than the cost of preference or equity capital , Debenture financing does not result in dilution of control Select The Blank Question The ratio of Market Price per share and Earning per share is termed as ________ Correct Answer Price earnings ratio Your Answer Price earnings ratio Select The Blank Question Preparation of Financial plan at the time of company promotion is ________ duty of the finance executive Correct Answer Non-recurring Your Answer Sole True/False Question Under Hire Purchase agreement, depreciation is considered by the hirer as an expenditure, debited the same to Profit and Loss account and hence becomes the tax deductible expenditure Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Ratio which measures the profitability of the investments in a firm Return on Asset Return on Asset The relation of Net Sales and Working Capital Working Capital turnover ratio Working Capital turnover ratio The ratio which indicates the speed at which the Sundry debtors are converted in the form of cash Debtors turnover ratio Debtors turnover ratio The ratio which indicates the efficiency of the organisation with which the capital employed is being utilised Capital turnover ratio Capital turnover ratio True/False Question Accounts Receivable is an example of current assets Correct Answer True Your Answer True True/False Question Semi-variable cost is the cost which varies in direct proportion to the sales revenue Correct Answer False Your Answer True True/False Question The redemption of preference shares if they carry too high rate of dividend is the remedy to overcome the situation of overcapitalisation Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The normal process which may be followed under the capital rationing situations may be Correct Answer Rank the projects according to some measure of profitability , Select projects in the descending order of profitability till the available funds are exhausted Your Answer Rank the projects according to some measure of profitability , Select projects in the descending order of profitability till the available funds are exhausted True/False Question If the cash is held to take advantage of profit making opportunities arising out of changes in the value of securities, the cash holding is called Precautionary motive Correct Answer False Your Answer True True/False Question Credit rating is not a recommendation for buying, selling or holding a security Correct Answer True Your Answer True Select The Blank Question ________ in assets involves inflow of funds Correct Answer Decrease Your Answer Decrease Multiple Choice Single Answer Question Unclaimed Dividends is shown in the balance sheet under the head Correct Answer Current liabilities and Provisions Your Answer Current liabilities and Provisions Multiple Choice Single Answer Question The main function of finance under the traditional approach comprises of Correct Answer Procurement of funds Your Answer Procurement of funds True/False Question An ideal investor makes an comparison between the current market price and future Earning per share as the market value of shares depends upon the future Earnings per share Correct Answer True Your Answer True Select The Blank Question The objective of the management in the investment decisions is in the form of ________ Correct Answer maximisation of the wealth of the shareholders Your Answer maximisation of the wealth of the shareholders Multiple Choice Single Answer Question The traditional approach to financial management refers only to the procurement of funds by Correct Answer Corporate entity Your Answer Corporate entity Select The Blank Question Venture Capitalist is not interested in keeping his investment in the project on a ________ basis Correct Answer Permanent Your Answer Permanent Multiple Choice Multiple Answer Question The patterns of Dividend policy are Correct Answer Stable Dividend policy , Irregular Dividend policy , No immediate Dividend policy Your Answer Stable Dividend policy , Increasing Dividend policy Multiple Choice Multiple Answer Question The avenues available to the company to invest the excess cash balance on short term basis may be in the form of Correct Answer inter-corporate bills discounting , Bank deposits , Commercial paper Your Answer Commercial paper , inter-corporate bills discounting , Bank deposits Multiple Choice Multiple Answer Question Packing credit facility can take the following form Correct Answer Pre-shipment Packing credit , Post-shipment Packing credit Your Answer Pre-shipment Packing credit , Post-shipment Packing credit Multiple Choice Multiple Answer Question The recommendations of the Dahejia committee included Correct Answer the banks should not only be security oriented but they should take into consideration total financial position of the client , all cash credit accounts with banks should be bifurcated in two categories Your Answer the banks should not only be security oriented but they should take into consideration total financial position of the client , all cash credit accounts with banks should be bifurcated in two categories Multiple Choice Multiple Answer Question Limitations of capital budgeting is Correct Answer Life of the project cannot be estimated accurately , Cash inflows cannot be eatimated accurately , Difficulties in deciding the cost of capital Your Answer Cash inflows cannot be eatimated accurately , Inaccurate estimation of the fixed assets Multiple Choice Single Answer Question Calculate the Gross Profit Ratio from the following figures : Sales Rs. 1,00,000/-, Purchases Rs. 60,000/-, Sales Return Rs. 10,000/-, Opening stock Rs. 20,000/-, Purchases Return Rs. 15,000/-, Closing Stock Rs. 5,000/- Correct Answer 0.3333 Your Answer 0.3333 Multiple Choice Single Answer Question Mr. A is given the opportunity to receive Rs. 10,000 after two years, when he can earn interest of 10% p.a. on his investment, what should be the amount which he should invest today so that he may be able to receive Rs. 10,000 after two years Correct Answer Rs. 8,264 Your Answer Rs. 8,264 Multiple Choice Single Answer Question The cost of individual items of capital is termed as Correct Answer Component cost Your Answer Composite cost Multiple Choice Single Answer Question Delinquency cost in connection with accounts receivables involves Correct Answer blocking up of funds for an extended period Your Answer blocking up of funds for an extended period Select The Blank Question ________ is clubbed with Current Assets in the Balance Sheet Correct Answer Loans and advances Your Answer Loans and advances Multiple Choice Multiple Answer Question Disadvantages of Internal rate of return is Correct Answer It is difficult to use and understand , It presupposes that the cash inflows can be re Unsecured loans includesinvested immediately to yield the return equivalent to Internal rate of return which is not very realistic Your Answer It is difficult to use and understand , It presupposes that the cash inflows can be reinvested immediately to yield the return equivalent to Internal rate of return which is not very realistic Select The Blank Question The operating profit earned by the company is in the form of contribution duly reduced by the ________ Correct Answer Fixed operating cost Your Answer Sales revenue Match The Following Question Correct Answer Your Answer Safety Stock below which the actual stock should not be allowed to fall below which the actual stock should not be allowed to fall ABC Analysis Vital few Trivial Many which is fixed in such a way that the total variable cost of managing the inventory can be minimised Bill of Materials Details of the necessary materials as well as quantity of each item Details of the necessary materials as well as quantity of each item Perpetual Inventory System Maintenance of Bin Cards and Stores ledger in order to know about the stock in quantity and value at any given point of time Maintenance of Bin Cards and Stores ledger in order to know about the stock in quantity and value at any given point of time Multiple Choice Multiple Answer Question Dividend / Price Approach to compute cost of equity shares is objected on the following grounds Correct Answer This presupposes that an investor looks forward only to receive dividend on equity shares which may not be correct , It assumes that the company will not earn on its retained earnings which is a wrong assumption Your Answer It assumes that the company will not earn on its retained earnings which is a wrong assumption , It wrongly assumes that earnings per share will remain constant in future , All the earnings may not be distributed among the shareholders by way of dividend Multiple Choice Multiple Answer Question The internal factors affecting the dividend policy are Correct Answer Growth rate of the company , Composition of the shareholding Your Answer Growth rate of the company , Composition of the shareholding Select The Blank Question Operating Lease is also referred to as ________ lease Correct Answer Service Your Answer Financial True/False Question Reserve Bank of India appointed the Marathe Committee with the intention to recognize the contribution made by the SSI Sector to the economy Correct Answer False Your Answer False