1. ______________ forms part of cost of production
a) Abnormal waste
b) normal waste
c) both a & b
d) none of these
2. ______________ is a method of evaluating the job in terms of its money value.
a) Job analysis
b) Job evaluation
c) work measurement
d) Motion study
3. ______________ is the assessment of the relative worth of jobs within a company whereas
______________ is the assessment of the relative worth of man behind the job.
a) Job evaluation , merit rating
b) job analysis, job evaluation
c) job analysis, merit rating
d) none of these
4. Taylors differential piece rate system provides for higher rate to ______________ workers.
a) Inefficient
b) efficient
c) both a & b
d) lazy
5. Under Merrick's multiple piece rate system, 120% of the ordinary piece rate is given to workers
whose level of performance is between ______________ of the standard output.
a) 83% and 100%
b) 100% and 120%
c) 0% and 83%
d) none of these
6. Basis of apportionment of stores service expenses is ______________
a) Value of materials consumed
b) units of material consumed
c) products produced
d) none of these
7. Machine hour rate is obtained by dividing the total running expenses of a machine during a
particular period by the ______________
a) Number of hours
b) number of products produced
c) number of workers
d) wages
8. Expenses incurred during production other than direct materials and direct labour are called
______________ factory expenses; those charged to production on estimated basis are called
______________
a) Actual, applied
b) applied, actual
c) indirect, direct
d) none of these
9. Salary paid to general manager is an item of ______________ expenses
a) Fixed
b) Variable
c) semi-variable
d) estimated
10. Warehousing cost is an item of
a) Office overhead
b) distribution overhead
c) material cost
d) works overhead