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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




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




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




22.

CPM has following time estimate                        


A. one time estimate B. two time estimate
C. three time estimate D. four time estimate




23.

Current assets include                        


A. manufacturing plant B. manufacturing plant and equipment
C. inventories D. common stock held by the firm




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




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