19. |
Break-even analysis can be used for
|
A. |
short run analysis |
B.
|
long run analysis |
C.
|
average of above two run analysis
|
D.
|
there is no such criterion
|
|
Answer: Option A
Explanation:
|
20. |
Choose the wrong statement Time study is used to
|
A. |
determine overhead expenses |
B.
|
provide a basis for setting piece prices or incentive wages |
C.
|
determine standard costs
|
D.
|
determine the capability of an operator to handle the number of machines
|
|
Answer: Option A
Explanation:
|
21. |
Choose the wrong statement. Motion study is used for
|
A. |
improving a work method |
B.
|
improvising a work method |
C.
|
designing a work method
|
D.
|
providing a schematic framework
|
|
Answer: Option E
Explanation:
|
22. |
CPM has following time estimate
|
A. |
one time estimate |
B.
|
two time estimate |
C.
|
three time estimate
|
D.
|
four time estimate
|
|
Answer: Option A
Explanation:
|
23. |
Current assets include
|
A. |
manufacturing plant |
B.
|
manufacturing plant and equipment |
C.
|
inventories
|
D.
|
common stock held by the firm
|
|
Answer: Option A
Explanation:
|
24. |
Expediting function consists in keeping a watch on
|
A. |
operator's activity |
B.
|
flow of material and in case of trouble locate source of trouble |
C.
|
minimising the delays
|
D.
|
making efficient despatching
|
|
Answer: Option B
Explanation:
|
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