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Thursday, July 30, 2009

Management Accounting - 1st Sem SCDL Assignments

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Management Accounting - 1st Sem SCDL Assignments
SCDL 1st Semester Assignments on Management Accounting
Management Accounting Solved Papers


LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Match The Following
Question Correct Answer Your Answer
Accounting Process of analyzing & interpretation Process of analyzing & interpretation
Profitability statement Indicates the amount of profit earned Indicates the amount of profit earned
Balance-sheet Financial status Financial status
Book-Keeping Books of Accounts Books of Accounts
Financial statement Profitability statement & Balance-sheet Profitability statement & Balance-sheet

Multiple Choice Single Answer
Question Salary paid to employee amounted Rs. 10,000, transferred to Trading A/C is an example of_______
Correct Answer Error of Commission
Your Answer Error of Commission

Multiple Choice Single Answer
Question Labour cost indicates that labour cost which cannot be identified with the individual cost centre and is incurred for those employees who are not engaged in the manufacturing process but only assist i
Correct Answer Remuneration
Your Answer Indirect

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

Select The Blank
Question Over absorption of overheads may take place due to the reasons like ________ overheads being less than the ________ overheads
Correct Answer actual
Your Answer estimated
Correct Answer estimated
Your Answer actual

True/False
Question Income received in advance transfer to current liabilities
Correct Answer True
Your Answer True

Select The Blank
Question Bank reconciliation statement is the statement prepared to explain the ________ as to why the bank balance as per ________ and bank balance as per bank book does not match
Correct Answer reasons
Your Answer reasons
Correct Answer pass book
Your Answer pass book

Select The Blank
Question Fixed cost is the cost that tend to remain ________ irrespective of ________
Correct Answer constant
Your Answer constant
Correct Answer level of activity
Your Answer level of activity

True/False
Question A business is an activity carried out with the intention of earning the profit.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question If wages for the month of January, February and March are Rs.4,000, Rs.4,400 and Rs.4,600 respectively and if delay in payment of wages is ½ month , payment of wages for the month of February is
Correct Answer 4,200
Your Answer 4,000

Select The Blank
Question Management Accounting has a very ________ scope and it requires ________ organizational structure
Correct Answer wide
Your Answer wide
Correct Answer elaborate
Your Answer elaborate

True/False
Question Accounting is an art of recording, classifying & summarizing in a significant manner.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question For a unit, if opening stock of raw material is 10,000 units, closing stock of raw material is 5,000 units and consumption is 3,20,000 units, what will be the quantum of raw material to be purchased
Correct Answer 3,15,000
Your Answer 3,15,000

Multiple Choice Multiple Answer
Question Important advantages of Uniform Costing can be said to be
Correct Answer It is a useful tool for management control , It avoids cut throat competition , Weaker units can take advantage of settled systems of better managed units
Your Answer It is a useful tool for management control , It avoids cut throat competition , Weaker units can take advantage of settled systems of better managed units

Multiple Choice Multiple Answer
Question P/L A/C debit side includes
Correct Answer salary , discount allowed , postage & telegram
Your Answer postage & telegram , salary , discount allowed

Multiple Choice Multiple Answer
Question Actual costs may be affected due to inefficient functioning such as
Correct Answer Abnormal expenses , In efficient use of labour , In efficient use of material
Your Answer Abnormal expenses , In efficient use of labour , In efficient use of material

Multiple Choice Single Answer
Question Calculate Labour Efficiency Variance, If actual rate per hour is Rs.3.50/- , Standard rate is Rs.3/- per unit and standard hours are 15,000 and Actual hours are 13, 500.
Correct Answer Rs.4500/- ( Favorable )
Your Answer Rs.4500/- ( Favorable )

Multiple Choice Multiple Answer
Question Sales quantity may be forecasted after taking into consideration various factors such as
Correct Answer Analysis of past trends , Market research , Reports by salesmen
Your Answer Analysis of past trends , Market research , Reports by salesmen

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

Multiple Choice Single Answer
Question It is an appropriate basis of apportionment of depreciation expenditure
Correct Answer value of assets
Your Answer value of assets

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

Match The Following
Question Correct Answer Your Answer
Journal Book of original entry Book of original entry
Ledger Maintain all types of Accounts Maintain all types of Accounts
Assets All the properties owned by the business All the properties owned by the business
Liabilities All the amount owed by the business All the amount owed by the business
Drawing Withdrawn for personal use Withdrawn for personal use

Select The Blank
Question A budget manual is a document setting out the ________ of the persons and ________ required for the budget control.
Correct Answer Responsibilities
Your Answer Responsibilities
Correct Answer Forms and procedures
Your Answer Forms and procedures

True/False
Question Credit balances in all the Personal & Real accounts appear on asset side.
Correct Answer False
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

Multiple Choice Single Answer
Question Omission of posting an amount in the ledger
Correct Answer Error of Omission
Your Answer Error of Omission

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

Multiple Choice Multiple Answer
Question A Budget Manual may contain the following particulars
Correct Answer Duties and responsibilities of various executives , Functions and duties of Budget Officer , Scope of the Budget and area to be covered
Your Answer Duties and responsibilities of various executives , Functions and duties of Budget Officer , Scope of the Budget and area to be covered

Select The Blank
Question Semi ________ overheads are neither ________ nor variable in nature.
Correct Answer fixed
Your Answer variable
Correct Answer variable
Your Answer fixed

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

Multiple Choice Multiple Answer
Question Direct Cost includes
Correct Answer Direct material , Direct labour , Direct expenses
Your Answer Direct material , Direct labour , Direct expenses

Select The Blank
Question Financial Accounting protects the interest of outsiders . it considers ________ transaction and it is a ________ requirement
Correct Answer historical
Your Answer historical
Correct Answer legal
Your Answer legal

True/False
Question Bin Card is having all the information of item received and issued.
Correct Answer False
Your Answer True

Select The Blank
Question Budgetary Control is useful for ________-and ________-as a powerful tool in the hands of management
Correct Answer Cost control
Your Answer Cost control
Correct Answer Maximization of profits
Your Answer Maximization of profits

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



Management Accounting Paper No2 of 1st Sem SCDL:

True/False
Question
Credit balances in all the Personal & Real accounts appear on asset side.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
Contents of Uniform Cost Manual are
Correct Answer
Organization , Cost Accounting system , Presentation of information
Your Answer
Organization , Cost Accounting system , Presentation of information

Multiple Choice Multiple Answer
Question
Uniform Costing Methods may be advantageously applied to . . .
Correct Answer
Single organization having number of branches. , Number of companies in same industry , Similar Industries such as cotton, jute etc.
Your Answer
Single organization having number of branches. , Number of companies in same industry , Similar Industries such as cotton, jute etc.

True/False
Question
1) Financial statements are basically in two forms i.e. profitability statement and balance sheet.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
The process of accounting has three streams of accounting ---------------,--------and ----------------------.
Correct Answer
Financial Accounting , Cost Accounting , Management Accounting
Your Answer
Financial Accounting , Cost Accounting , Management Accounting

True/False
Question
Long term loan borrowed from financial institution comes under the heading of long term liabilities.
Correct Answer
True
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Book-Keeping
Books of Accounts
Books of Accounts
Financial statement
Profitability statement & Balance-sheet
Profitability statement & Balance-sheet
Accounting
Process of analyzing & interpretation
Process of analyzing & interpretation
Profitability statement
Indicates the amount of profit earned
Indicates the amount of profit earned
Balance-sheet
Financial status
Financial status

Multiple Choice Single Answer
Question
Judge the statement according to the criteria given : ' The accounting period for XYZ Ltd. ends on 31st December, 2003. It is noted that office rent for the month of December, 2003 is paid on 15th January, 2004. "According to concept of matching expenses with the revenues, this expenditure should be recorded in the books of accounts in January,
Correct Answer
The statement and its reason are both incorrect
Your Answer
The statement is correct but its reason is incorrect

Multiple Choice Multiple Answer
Question
Features of money measurement concept are . . .
Correct Answer
Only those transactions and facts are included expressed in terms of money are considered , Imposes severe restrictions on the kind of information available from financial statements , Works as a major drawback of financial accounting
Your Answer
Only those transactions and facts are included expressed in terms of money are considered , Imposes severe restrictions on the kind of information available from financial statements , Works as a major drawback of financial accounting

Multiple Choice Single Answer
Question
The installation and operation of ___________ accounting requires a very elaborate organizational structure and large number of rules & regulations
Correct Answer
Management
Your Answer
Management

Select The Blank
Question
________account can be defined as the record of all the transactions pertaining to a person, asset, liability income or expenditure which have taken place in a specified period.
Correct Answer
Ledger
Your Answer
Trading

Match The Following
Question
Correct Answer
Your Answer
Sunk Cost
Historical Cost
Historical Cost
Cost Centre
Facilitate the fixation of responsibility
Facilitate the fixation of responsibility
Cost Control
Process of controlling costs of operations
Process of controlling costs of operations
Differential Cost
Increase or Decrease in cost
Increase or Decrease in cost

Multiple Choice Multiple Answer
Question
Which of the following transactions should be excluded while preparing a cost sheet ?
Correct Answer
Interest on loan , Bad debts , Expenses on criminal law suit
Your Answer
Sale of scrap material , Interest on loan , Bad debts

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

Multiple Choice Multiple Answer
Question
Marginal costing is found to be unsuccessful in the following situations :-
Correct Answer
Impossible to distinguish costs into fixed and variable component. , With respect to capital intensive industries where fixed costs are very large and hence cannot be ignored , With respect to service industries where employee costs are very large and almost fixed in nature
Your Answer
Impossible to distinguish costs into fixed and variable component. , With respect to capital intensive industries where fixed costs are very large and hence cannot be ignored , With respect to service industries where employee costs are very large and almost fixed in nature

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

Multiple Choice Multiple Answer
Question
Labour efficiency variance arises due to:
Correct Answer
Inefficient supervisor , Poor working conditions , Use of sub-standard quality of material
Your Answer
Inefficient supervisor , Poor working conditions , Use of sub-standard quality of material

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

Select The Blank
Question
The indirect material cost, indirect labour cost and indirect expenses cost, collectively are termed as ________.
Correct Answer
Overhead
Your Answer
Overhead

Select The Blank
Question
A person in charge of a ________ may be held responsible for its proper functioning and cost control.
Correct Answer
Cost centre
Your Answer
Cost centre

Multiple Choice Multiple Answer
Question
The organization chart shows the following aspects :
Correct Answer
Functional responsibility of different functional managers , Delegation of authority to various managers , Inter-functional relationships of these managers
Your Answer
Functional responsibility of different functional managers , Delegation of authority to various managers , Inter-functional relationships of these managers

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

Select The Blank
Question
Depreciation charged on office furniture on straight line basis is an example of ________.
Correct Answer
Administration overheads
Your Answer
Administration overheads

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

Select The Blank
Question
Information as to the cost and profit / loss associated with the firm's operations is provided to the ________ by Management accounting.
Correct Answer
Management
Your Answer
Management

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

Multiple Choice Multiple Answer
Question
The main advantages of profit sharing are :
Correct Answer
Employees try to increase productivity , Incentives are shared by all the employees , Augments emplyees' efficiency
Your Answer
Employees try to increase productivity , Incentives are shared by all the employees , Augments emplyees' efficiency

Select The Blank
Question
________ Accounting assists the management in establishing the plans to attain the economic objectives and take proper decisions for the attainment of its objectives.
Correct Answer
Management
Your Answer
Management

Multiple Choice Multiple Answer
Question
Which of the following is likely to be a contributory factor to the incidence of excess expenditure on material cost?
Correct Answer
The level of control of the used of material in the production cycle , The incorrect choice of purchase order quantity , Failure to control the issue of materials from stores
Your Answer
An increase in the maximum material inventory level , The incorrect choice of purchase order quantity , Failure to control the issue of materials from stores

Multiple Choice Multiple Answer
Question
Management accounting is concerned with the following activities :
Correct Answer
Decision making , Safeguarding assets , Planning and controlling activities
Your Answer
Decision making , Safeguarding assets , Planning and controlling activities

Multiple Choice Multiple Answer
Question
Features of double entry accounting system are . . .
Correct Answer
Every business transaction has two elements , When business receives something, it has to pay something , Every debit has a corresponding credit
Your Answer
Every business transaction has two elements , When business receives something, it has to pay something , Every debit has a corresponding credit

Select The Blank
Question
Under Differential Time Rate method payment is made at Rs. 1.40 per hour when the level of efficiency is between________.
Correct Answer
90% to 100%
Your Answer
90% to 100%

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

Select The Blank
Question
The difference between sales and cost of sales is termed as ________.
Correct Answer
Net Profit
Your Answer
Net Profit

Select The Blank
Question
The final result disclosed by trading account is the ________profit earned by the organization.
Correct Answer
Gross
Your Answer
Gross

Multiple Choice Multiple Answer
Question
Select the accounts to be disclosed on the liability side of the Balance sheet.
Correct Answer
Loan , Outstanding expenses , Creditors
Your Answer
Loan , Outstanding expenses , Creditors

True/False
Question
Penalty paid for delay in payment to creditors represents uncontrollable cost.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Which document facilitates estimating material cost of a particular job, before completion of that job?
Correct Answer
Bill of material
Your Answer
Material requisition note

Multiple Choice Single Answer
Question
Purchases returns of Rs.18,000/- were wrongly transferred to the sales returns account. Calculate its impact on net profit.
Correct Answer
The net profit will not be affected
Your Answer
The net profit will not be affected
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Wednesday, July 29, 2009

Compensation Management SCDL Assignments

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SCDL Assignments on Compensation Management
Compensation Management Papers
PGDBA Assignments of Compensation Management


Multiple Choice Single Answer
Question
For a normal adult the net intake of calories should be :-
Correct Answer
2700
Your Answer
2600

Multiple Choice Multiple Answer
Question
In Compensation plans the following are taken into account :-
Correct Answer
Cost of production , Reduction in expenses , Profits made
Your Answer
Reduction in expenses , Profits made , Cost of production

True/False
Question
IT jobs still remain the best paying jobs in the country.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Basic compensation systems are :-
Correct Answer
Time rate system , Piece rate system
Your Answer
Time rate system , Piece rate system , Bonus

Multiple Choice Multiple Answer
Question
Various enactments that are applicable to employees of organization are :-
Correct Answer
Payment of Gratuity Act , Payment of Bonus Act , Employee's Provident Fund & Misc. Provisions Act
Your Answer
Payment of Gratuity Act , Payment of Bonus Act , Employee's Provident Fund & Misc. Provisions Act

Select The Blank
Question
Piece workers come under ________ class of workers.
Correct Answer
Semi - skilled
Your Answer
Unskilled

Multiple Choice Single Answer
Question
Minimum wages are not to be fixed in an industry which employs less then how many employees in the entire state?
Correct Answer
1000
Your Answer
900

True/False
Question
Within the factory group promotion is important.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
In Payroll process, a Journal entry is treated as Control entry to :-
Correct Answer
Book deductions effected during the month , Book expenses for the month on account of payroll , Make remittances to respective authorities
Your Answer
Give effect of unknown transactions in books of accounts , Book deductions effected during the month , Book expenses for the month on account of payroll

Multiple Choice Single Answer
Question
Co-partnership system tries to :-
Correct Answer
Eliminate friction between capital and labour
Your Answer
Gives fixed share to workers

True/False
Question
Indirect labour cost forms a part of overheads.
Correct Answer
True
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Top managers
Non-financial benefits
Non-financial benefits
Workers
Piece-rate
Bonus
Salesmen
Commission
Commission
Managers
Bonus
Compensatory day-off

Select The Blank
Question
________ is that portion of Dearness Allowance which Government declares to be paid for all purposes.
Correct Answer
Dearness Pay
Your Answer
Dearness Pay

Multiple Choice Multiple Answer
Question
A good incentive scheme should have :-
Correct Answer
Elasticity , Parity , Less operational costs
Your Answer
Elasticity , Parity , Less operational costs

Select The Blank
Question
________ is the unique code allotted to each & every employee in the organization.
Correct Answer
Employee No.
Your Answer
Employee No.

Multiple Choice Multiple Answer
Question
Apart from salaries, IT employees are giving importance to :-
Correct Answer
Job content , Job security , Company image
Your Answer
Job security , Company image , Foreign trips

Multiple Choice Multiple Answer
Question
Major components of compensation :-
Correct Answer
Salary , Basic salary , Consolidated salary
Your Answer
Salary , Basic salary , Consolidated salary

Match The Following
Question
Correct Answer
Your Answer
Under E.S.I., employer's contribution
0.0475
0.0475
Under E.S.I. employee's contribution
0.0175
0.0175
Employee Pension Scheme is 8.33% of
Employer
Employer
Employer & Employee Contribution under E.P.F.
0.12
0.12

Select The Blank
Question
The wages of workers not present at the time of payment disbursement should be entered into ________.
Correct Answer
Undisbursed wage register
Your Answer
Undisbursed wage register

Multiple Choice Multiple Answer
Question
Components of wage & salary are :-
Correct Answer
Basic wage , Overtime wage , Dearness allowance
Your Answer
Basic wage , Overtime wage , Dearness allowance

Multiple Choice Single Answer
Question
Basic purpose of Wage and Salary administration is to establish and maintain an equitable :-
Correct Answer
Wage and Salary structure
Your Answer
Wage and Salary structure

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

Multiple Choice Multiple Answer
Question
Salient features of profit-sharing are :-
Correct Answer
Agreement is voluntary , Payment may be in cash / stock of future credits , Computation on the basis of some agreed formula
Your Answer
Agreement is voluntary , Payment may be in cash / stock of future credits , Remuneration on the basis of efficiency

Multiple Choice Multiple Answer
Question
In dotcom companies, there is :-
Correct Answer
Direct interaction with customers and client organizations , Reduction of capital cost , Huge no of employees
Your Answer
Direct interaction with customers and client organizations , Reduction of capital cost , Huge no of employees

Select The Blank
Question
________ had a decisive influence on the wage structure & wage level.
Correct Answer
Managerial attitude
Your Answer
Market focus

True/False
Question
Wage and salary administration should be controlled by some proper agency.
Correct Answer
True
Your Answer
False

Multiple Choice Single Answer
Question
The human relations are determined by :-
Correct Answer
Human attitudes
Your Answer
Human attitudes

Multiple Choice Single Answer
Question
If the ranking plan is used the grade consists of a specific number of :-
Correct Answer
Ranks
Your Answer
Points

Select The Blank
Question
________ is a source document for preparation of wage sheet.
Correct Answer
Attendance Register
Your Answer
Attendance Register

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

Multiple Choice Single Answer
Question
Time spent by same worker on various jobs is recorded on daily basis in :-
Correct Answer
Daily time sheet.
Your Answer
Job card.


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Compensation Management SCDL Assignments

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SCDL Assignments on Compensation Management

Compensation Management - 3



Multiple Choice Multiple AnswerQuestion

Wage differentials are of following factors :-Correct Answer Difference in labour efficiency , Social esteem , OccupationYour Answer Occupation , Difference in labour efficiency , Social esteem

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http://scdlsolvedpapers.blogspot.com/2009_08_01_archive.html

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Monday, July 20, 2009

Maintenance Management - 10 SCDL Assignments

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Maintenance Management - 10
SCDL Assignments on Maintenance Management

Question Handling instruction is transportation instructions.
Correct Answer True

Question The supervisor must have good knowledge of his job, he should be able to lead by example.
Correct Answer True

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

Question Which is considered as main job of a supervisor?
Correct Answer To train subordinate

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 Which of the following are the constituents of fire?
Correct Answer Fuel , Heat , Oxygen

Question Following equipment must be tested for correct load bearing capacity :-
Correct Answer Scaffolding , Ladder , Platform

Question Maintenance department evaluation can be done by only one method.
Correct Answer False

Question What is required to bring people together & working in one direction to achieve goals?Correct Answer Team spirit

Question First aid can be given in following accidents :-
Correct Answer Steam burns , Chemical spilling

Question What is necessary to observe safety precautions in plant particularly relating to worker?
Correct Answer Training (safety)

Question High quality of workmanship helps maintenance people :-
Correct Answer For boosting Morale of Maintenance People , In Identification of efficientworkers , Rewarding Efficient Workers

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

Question The efforts are made to reduce time/effort required in carrying outmaintenance work is ________.
Correct Answer Design-in-maintenance

Question It is objective of maintenance to make maximum availability of production plant at :-Correct Answer Minimum cost

Question Once the budget is prepared then it is necessary to review the same________.
Correct Answer Time to time

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Friday, July 10, 2009

Industrial Management Assignments of SCDL

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Industrial Management Assignments of SCDL
SCDL Solved Paper on Industrial Management


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank
Question The Priestman production plan is a ________ incentive plan
Correct Answer Group
Your Answer Individual incentives

Multiple Choice Multiple Answer
Question Select the three Demerits of functional organisation
Correct Answer Functional organisation violates the principle of unity of command. , There is problem of indiscipline in functional organisation , There is Lack of co-ordination of work in functional organisation
Your Answer Functional organisation violates the principle of unity of command. , There is problem of indiscipline in functional organisation , There is Lack of co-ordination of work in functional organisation

Select The Blank
Question ________ are the statutory bodies, required to be established under the industrial disputes act (1947), in every industrial unit employing over 100 workers
Correct Answer Works committee
Your Answer Workers union

Multiple Choice Single Answer
Question How many minimum members are required to form an association or union as per The Trade Union Act 1926
Correct Answer Seven
Your Answer Seven

Multiple Choice Multiple Answer
Question FSN Analysis helps to identify:
Correct Answer Active items which require to be reviewed regularly. , Surplus items whose stocks are higher than their rate of consumption. , Non – moving items which are not consumed.
Your Answer Active items which require to be reviewed regularly. , Surplus items whose stocks are higher than their rate of consumption. , Non – moving items which are not consumed.

Multiple Choice Multiple Answer
Question Operation process chart is useful to
Correct Answer Visualize the complete sequence of operations and inspections involved in the process , Know where the operation selected for detailed study fits into the entire process
Your Answer Visualize the complete sequence of operations and inspections involved in the process , Know where the operation selected for detailed study fits into the entire process , Know the information regarding the person who does the work, the place where the work is performed and the time when it is performed

Multiple Choice Single Answer
Question Job evaluation is the process of selecting an appropriate job evaluation system, evaluating the job and
Correct Answer Fitting the jobs into grades
Your Answer Fitting the jobs into grades

True/False
Question Liability of a minor partner is limited to investment only.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question Objective of job evaluation includes to eliminate causes of employee dissatisfaction and reduce
Correct Answer Conflicts in industrial relations
Your Answer Conflicts in industrial relations

True/False
Question Government policies can be changed thru suggesstions
Correct Answer False
Your Answer True

Multiple Choice Single Answer
Question In which stage of product design, a pilot production run is carried out ?
Correct Answer Pre-production
Your Answer Pre-production

Multiple Choice Multiple Answer
Question Major componants of wages of employee includes.
Correct Answer Dearness allownce. , Perquisits.
Your Answer Dearness allownce. , Incentives. , Goodwill of company.

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

Multiple Choice Single Answer
Question Typical direct expenses includes
Correct Answer payment made for obtaining design.
Your Answer payment made for development.

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

Multiple Choice Multiple Answer
Question Effective performance of business activities require
Correct Answer Effective adminstration , Scientific Management , Well-Knit Organisation
Your Answer Scientific Management , Well-Knit Organisation , Effective adminstration

Select The Blank
Question Factors selected in point rating system must be acceptable to both ________
Correct Answer Workers and management
Your Answer Workers and management

Match The Following
Question Correct Answer Your Answer

F.W.Taylor. Founder father of scientific management. Founder father of scientific management.

Robinson Boulton. Soho Engineering Foundry. Soho Engineering Foundry.

Robert Owen. Contributed significantly in area of personal management. Contributed significantly in area of personal management.

Charles Babbage. Division of labour Division of labour


Multiple Choice Single Answer
Question Over what weight materials should be handled mechanically?
Correct Answer 20 kgs
Your Answer 20 kgs

Multiple Choice Multiple Answer
Question Symptoms of poor material handling are....
Correct Answer Frequent cases of material damages in handling , Badly damaged floors and narrow passages , Difficulties in locating things when required
Your Answer Frequent cases of material damages in handling , Badly damaged floors and narrow passages , Difficulties in locating things when required

Multiple Choice Multiple Answer
Question What are the different criteria for effective store layout?
Correct Answer Easy receipt , storage and issue of materials. , Optimum utilization of storage space. , Quick location of items.
Your Answer Easy receipt , storage and issue of materials. , Optimum utilization of storage space. , Quick location of items.

Multiple Choice Multiple Answer
Question Which two roles does a partner play in a partnership ?
Correct Answer Principle , Agent
Your Answer Principle , Supervisor

Match The Following
Question Correct Answer Your Answer

Enterprises in which Government holds not less than 51% of the paid up capital are called as Government Companies Government Companies

A business organisation in which ownership is retained by a limited group of persons without having the limitations of a partnership is called as Private limited company Private limited company

A business organisation in which ownership is retained by a large number of shareholders selected by inviting subscriptions from the public through prospectous is called as Public limited company Public limited company

The autonomous bodies wholly owned by the Government is called as Public corporation Public corporation


Multiple Choice Single Answer
Question Collective bargaining is founded on which principle?
Correct Answer Give and take
Your Answer Positive changes

Multiple Choice Multiple Answer
Question Select the three merits of functional organisation
Correct Answer It provides specialised knowledge and guidance to indivisual workers through experts , The supervision and decision making by specialists reduces considerably the workload at the top. , Efficiency of the organisation at all levels is improved due to availability of specialised services.
Your Answer It provides specialised knowledge and guidance to indivisual workers through experts , The supervision and decision making by specialists reduces considerably the workload at the top. , Efficiency of the organisation at all levels is improved due to availability of specialised services.

Multiple Choice Multiple Answer
Question Select two kinds of deposits
Correct Answer Demand deposits , Time deposits
Your Answer Demand deposits , Time deposits

Select The Blank
Question Job instruction training method is mainly used for training of ________
Correct Answer Workmen and clerical staff
Your Answer Superwisers

Multiple Choice Single Answer
Question Which of the main stores is used for maintaining the stock of cutting tools, hand tools etc?
Correct Answer Crib store
Your Answer Crib store

Multiple Choice Single Answer
Question What is the single cause of strike by workers and lockouts by management
Correct Answer Industrial conflicts
Your Answer Industrial conflicts

Multiple Choice Single Answer
Question In which type of line organisation, business activities are classified into departments? Each department is headed by departmental manager
Correct Answer Departmental line organisation
Your Answer Departmental line organisation

Select The Blank
Question A hand barrow comprises a frame which is supported with short ________
Correct Answer Shafts
Your Answer Wheels

Select The Blank
Question ________ is the only other available option when suitable persons from within the organisation are not available.
Correct Answer External source
Your Answer External source

Select The Blank
Question Wages tend to be ________ when availability of labour is more than requirement.
Correct Answer Low
Your Answer Low

Multiple Choice Multiple Answer
Question Which are the two principal sources of recruitment?
Correct Answer Internal Source , External Source
Your Answer Internal Source , External Source

True/False
Question Every standard is a specification.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question Productivity of labour depends on the following factors
Correct Answer Inherent qualities , Education and training , Work environments
Your Answer Education and training , Work environments , Long hours of working leads to higher efficiency

Multiple Choice Multiple Answer
Question Select the three assumptions underlying the law of supply
Correct Answer The cost of production remains unchanged , The policies of the government concerning trade, taxation, credit etc remains constant , There is no change in the techniques of production
Your Answer The cost of production remains unchanged , The policies of the government concerning trade, taxation, credit etc remains constant , There is no change in the techniques of production

Select The Blank
Question ________ analysis is based on the consumption figures of the items
Correct Answer FSN
Your Answer S-OS

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

Select The Blank
Question ________ revolves around the needs and interests of buyer
Correct Answer Marketing
Your Answer Buying

True/False
Question Supply and stock are synonymous.
Correct Answer False
Your Answer True

Select The Blank
Question Interview helps the employer ________ the total personality of the candidate and adjust his suitability for job
Correct Answer "Size up"
Your Answer To know better

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

Multiple Choice Single Answer
Question One of the important pillars of effective logistics is
Correct Answer Logistical network
Your Answer Logistical network

True/False
Question Fixed costs varies with production volume.
Correct Answer False
Your Answer True
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Business Communication Assignments for PGDBA

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Business Communication Assignments for PGDBA
Business Communication Solved Papers


Multiple Choice Single Answer
Question
Which factor mostly affects business decisions
Correct Answer
Information
Your Answer
Information

Select The Blank
Question
________ is doing yesterday's work today
Correct Answer
Procrastination
Your Answer
Procrastination

True/False
Question
Relationships have to be mutually beneficial and healthy to both the parties.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Contingency planning is
Correct Answer
Setting aside a time to think and come up with a potential problem
Your Answer
Setting aside a time to think and come up with a potential problem

Multiple Choice Multiple Answer
Question
The vision should be based on
Correct Answer
Talents and dreams , Hopes and passion
Your Answer
Hopes and passion , Knowledge , Understanding

True/False
Question
The complimentary close of a letter must agree in tone with salutation.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Discussion is defined as
Correct Answer
The interchange of ideas with a goal of finding the best solution to the problem , This is positive and healthy
Your Answer
The interchange of ideas with a goal of finding the best solution to the problem , This is positive and healthy

Match The Following
Question
Correct Answer
Your Answer
Achievements
Accomplishments
Accomplishments
Poor eyes
Limited eyesight
Limited eyesight
Poor vision
Llimited deeds
Llimited deeds
Seer
Spiritualist
Positive growth

True/False
Question
Progress reports are formal in nature.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
The activities included in written communication are
Correct Answer
Business Letters , Reports , Notices
Your Answer
Business Letters , Reports , Notices

Multiple Choice Single Answer
Question
Written communication is a
Correct Answer
Non-direct communication
Your Answer
Direct communication

Select The Blank
Question
Body of a letter is divided into ________ parts.
Correct Answer
3
Your Answer
3

Multiple Choice Multiple Answer
Question
Various kinds of disease caused from stress
Correct Answer
Heartbeat increase , Slow digestion
Your Answer
Heartbeat increase , Increase in perspiration , Slow digestion

Multiple Choice Multiple Answer
Question
What are technical reports?
Correct Answer
It differs from others in its subject matter , It is like the memorandum report , It is a highly specialised form of report
Your Answer
It differs from others in its subject matter , It is a highly specialised form of report

Multiple Choice Multiple Answer
Question
Qualities of a good listener
Correct Answer
Welcomes disagreement , Looks for areas of agreement
Your Answer
Welcomes disagreement , Looks for areas of agreement

Multiple Choice Single Answer
Question
Objectives of the letter can be known in one glance by reading the
Correct Answer
Subject
Your Answer
Subject

Multiple Choice Multiple Answer
Question
Head address is the
Correct Answer
Name , address and tel no of the sender of the letter
Your Answer
Name , address and tel no of the sender of the letter

Multiple Choice Multiple Answer
Question
Time management is
Correct Answer
Using time judiciously , Using time carefully and prioritising it
Your Answer
Using time judiciously , Using time carefully and prioritising it

Multiple Choice Single Answer
Question
This consists of the name and address of the person to whom the letter is being sent.
Correct Answer
Inside address
Your Answer
Inside address

Multiple Choice Single Answer
Question
What should go together ?
Correct Answer
Gesture and speech
Your Answer
Gesture and speech

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

Select The Blank
Question
The greater the gesture the louder the ________
Correct Answer
Speech
Your Answer
Speech

Multiple Choice Multiple Answer
Question
Business letters can be useful in different ways like
Correct Answer
Legal evidence , Permanent information , Recovering dues
Your Answer
Legal evidence , Permanent information , Recovering dues

Select The Blank
Question
________ is the most remembered element in forming an impression of someone.
Correct Answer
Handshake
Your Answer
Eye contact

Match The Following
Question
Correct Answer
Your Answer
The handshake that conveys confidence is
Firm and dry
Firm and dry
Pounding the fist on table
Anger
Anger
Kind of non verbal communication
Eye contact
Body language
Clothing , hair, jewellery, cosmetics
Appearance
Appearance

Multiple Choice Single Answer
Question
Mechanical barriers are due to
Correct Answer
Disturbances in devices used for communication
Your Answer
Disturbances in devices used for communication

Multiple Choice Multiple Answer
Question
What is post script?
Correct Answer
It comes from latin word post scriptum , It means whatever has been written afterwards
Your Answer
It means whatever has been written afterwards

True/False
Question
One year of our life is lost searching things
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
It can be created by using templates or macros
Correct Answer
Memorandum
Your Answer
Memorandum

Select The Blank
Question
A good company differs from another in terms of ________ quality.
Correct Answer
Service
Your Answer
Work culture

Multiple Choice Single Answer
Question
One should look at the present with the eye towards
Correct Answer
Future
Your Answer
Future

Multiple Choice Single Answer
Question
A presentation for consideration of something is called
Correct Answer
Proposal
Your Answer
Proposal

Select The Blank
Question
A ________ communication establishes and builds lasting relationships between people
Correct Answer
Two way
Your Answer
Two way

True/False
Question
Business Communication is always goal oriented
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
The middle part of presentation contains
Correct Answer
Main body is broken into points
Your Answer
Main body is broken into points

Select The Blank
Question
Written communication can be kept as ________ record.
Correct Answer
Legal
Your Answer
Legal

True/False
Question
Printing house journals maintain public relations within the organisation.
Correct Answer
True
Your Answer
True

Select The Blank
Question
A ________ is the core of business communication as it is an action oriented affair.
Correct Answer
Feedback
Your Answer
Feedback

Multiple Choice Multiple Answer
Question
This makes communication difficult
Correct Answer
One party talks and the other listens , One party gets angry , One party keeps focus on themselves
Your Answer
One party gets angry , One party keeps focus on themselves

Select The Blank
Question
A slide should only carry ________ information
Correct Answer
Important
Your Answer
Important

Multiple Choice Single Answer
Question
Communication is the task of imparting
Correct Answer
Information
Your Answer
Information

Multiple Choice Multiple Answer
Question
Ectomorph means
Correct Answer
Thin , Youthful , Tall
Your Answer
Thin , Youthful , Tall

True/False
Question
To avoid stress stay away from things that are negative
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
When stress becomes strain
Correct Answer
It is continuous
Your Answer
Harmful for the body

True/False
Question
Charts,Film slides,transparencies are types of audio aids
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
The maximum content on the slide should be limited to
Correct Answer
25 words
Your Answer
30 words
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Sunday, July 5, 2009

SCDL Consumer Behaviour - 3 Papers

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SCDL Consumer Behaviour - 3 Papers
SCDL Assignments on Consumer Behaviour - 3

1. It constitutes the moral factor of personality:-
Ego
2. JND is that difference below which consumer perceives a difference.
False
3. __________ attempts to define good and bad and induces a person to attain perfection.
Superego
4. Name the market whose product has a universal application:
Horizontal
5. Question Characteristics of Reference price :-
Correct Answer Changes, More knowledge less price range
Your Answer More knowledge less price range
6. In Which model, Consumers identifies the attribute of the product he is interested in and assigns weight age?
Lexicographic model
7. In________________ Approach marketers consider rural markets to be totally different from the urban market
Differentiated
8. Select The Blank
Question Individuals have a specific perception and image of themselves called ________.

Correct Answer Self concept
Your Answer Self concept
9. True/False
Question Consumer has a right to voice grievances or suggestions.

Correct Answer True
You’re Answer False
10. Multiple Choice Single Answers
Question It is a method of collecting past and current data by recording information :-

Correct Answer Observation survey
Your Answer Questionnaire method
11. Habit occurs in the absence of
Information seeking
Evaluation of alternatives
12. _________occurs when expected needs of customers are fulfilled
Satisfaction
13. Multiple Choice Single Answers
Question What is 'Conative' component of decision making?
Correct Answer Purchase decision
Your Answer Purchase decision
14. It is a malpractice done by supplier to fix price in terms of sale to lessen competition
- Resale price maintenance
15. Lack of customer _________leads to brand extinction
Satisfaction
16. Rural respondent generally can't be interviewed individually
True
17. Superego operates at concsious and uncounsious level
True
18. Toilet soap brand with higher penetration in india is
Lifebuoy
19. Question Correct Answer Your Answer
Intuitive thinking Least price conscious Least price conscious
Aggression, hunger, sex Id Id
Sensing-thinking type personality Own decision maker Own decision maker
Sensitive thinking Short term consideration Short term consideration
20. ____________occurs when the consumer gets value from product is more than his expectations.
Discrepancy
21. _______ approach does not include the developing of questionnaire and involves less bias
Observation survey
22.Characteristics of rural market are:
Low density of population
Low infrastructure level
23. Type of personality are:
Extrovert
Introvert
24. Economic factors affecting organizational buying are
Credit
Price
25. Brand beliefs are formed by ________ learning in low involvement hierarchy
Active
26.
Self sufficient in food grains at - house hold level
Irrigated land to land dependent on rains ratio - 30:70
Number of villagers with no primary school within 1 km radius - 1.8 lakh villagers
Number of villagers with drinking water problem - 4.5 lakh villagers
27. the most important factor in buying low involvement product is:
brand
28. The production of crops like sorghum, pearl milet, barley and ragi has gone down over the years.
False
29. Anything which is different from what is normally expected tends to attract attention
True
30__________color conveys a friendlier message.
Blue
31. Question Trait theory is based on the following assumptions:-
Correct Answer Relatively stable behavioral tendencies among individuals, Difference in the degree to behavioral tendencies, Relative differences help in characterizing their personalities
32. Primary data has been collected earlier for some other purpose
False
33. Question Measures by government to protect the interests of consumer are :-
Correct Answer Expansion of public sector, statutory regulation
Your Answer Expansion of public sector, Expansion of private sector, statutory regulation, Restrictive trade practices
34. Sellers who cater to the needs of buyers in one particular industry is known as __________ market
Vertical
35. Which of the following refers to those environmental events which increase the likelihood of specific response in the future
Reinforcement
36. The percentage of rural population of rural population of total national population is approximately
70%
37. ________________theory is relevant and important for involving products
Cognative
38. The feeling generated due to Id or superego are ascribed to other person to release tension. This defense mechanism called
Identification
39. Multiple Choice Single Answer
Question It occurs when two stimuli are seen as similar and effects of one substitute for the effects of the other :-
Correct Answer Stimulus generalization
Your Answer Stimulus generalization
40. Important steps of cognative process of brand evaluation are
Purchase decision
Evaluate brands
Form brand beliefs
41. Various malpractices prevalent in the society are
High pressure selling
High Price
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Property and Liability Insurance - 1.3, SCDL Assignment on Property

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SCDL Paper of Property and Liability Insurance - 1.3
SCDL Assignment on Property

Principle of ________ arises if the same subject matter is insured with two or more insurers.
Contribution

How does a Civil Liability arise?
By tort , By murder , By contract

Permanent Total Disability Cover' is available under Cattle Insurance by additional premium.
True

________ insurance takes care of properties like money, plate glass, cattle, television etc.
Miscellaneous

Householder policy is issued for :
Residence

The most effective and powerful cause which has brought out the loss is called ________ cause.
Proximate

The legal duty of utmost good faith arises under :-
Common law

When dispatch is at carrier's risk, ________% discount is allowed on applicable rates.
10

Third party liability cover under MCE Policy is
Upto Rs. 1 Crore

A Surveyor is required for assessing the losses exceeding Rs. ________.
20000

Which of the following are exclusions to EEI policy ?
Hailstorm , Malicious damage' , Aesthetic defects

Long term policies discount is available under cattle insurance.
True

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

What does Liability Insurance comprise of?
Product liability policy , Public liability policy , Employers liability (Workmen Compensation) policy

Cattle insurance does not cover claim within fifteen days from date of risk covered
True

Following policies are issued under Engineering department :-
Errection All Risk , Boiler Explosion , Electronic Equipment

In Fidelity guarantee under Shopkeeper insurance, the sum insured is ________ of the sum insured under section 1 or Rs.100000 whichever is less.
0.1

An employer is responsible for Workers Compensation in case the worker sustains injury while working for the employer. This 'is an example of ________ liability.
Absolute

In Fire Declaration policy, if declarations are not received within a specified period then :-
The full sum insured under the policy shall be deemed to have been declared

The owner of unimproved land is exposed to reduction in value of land.
True

________ risks affect a larger strata of society e.g. unemployment, inflation etc.
Fundamental

What loss does an All Risk policy not cover?
Arising from mildew , Arising from war

If the policy is cancelled at the option of the Insurer, refund of premium shall be :
On pro-rata basis
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