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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


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


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


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


Question P/L A/C debit side includes

Correct Answer salary , discount allowed , postage & telegram

Your Answer postage & telegram , salary , discount allowed


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


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 )


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.


Your Answer False


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.


Your Answer False

Match The Following


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.


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


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.


Your Answer True

True/False

Question Balance sheet indicates the financial status of the business at given

period.

Correct Answer True

Your Answer True


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


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.


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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

Posted by Bhavin Swadas at 2:10 AM 0 comments

Labels: Management Accounting, SCDL 1st Semester Assignments, SCDL

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W E D N E S D A Y , J U L Y 2 9 , 2 0 0 9

Compensation Management SCDL Assignments

SCDL Assignments on Compensation Management

Compensation Management Papers

PGDBA Assignments of Compensation Management


Question

For a normal adult the net intake of calories should be :-

Correct Answer

2700

Your Answer

2600

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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


Question

Basic compensation systems are :-

Correct Answer

Time rate system , Piece rate system

Your Answer

Time rate system , Piece rate system , Bonus


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


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


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


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


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.


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


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


Question

Components of wage & salary are :-

Correct Answer

Basic wage , Overtime wage , Dearness allowance

Your Answer

Basic wage , Overtime wage , Dearness allowance


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


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


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


Question

The human relations are determined by :-

Correct Answer

Human attitudes

Your Answer

Human attitudes


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


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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M O N D A Y , J U L Y 2 0 , 2 0 0 9

Maintenance Management - 10 SCDL Assignments

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.

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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.


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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F R I D A Y , J U L Y 1 0 , 2 0 0 9

Industrial Management Assignments of SCDL

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


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


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

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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.


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


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


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


Your Answer True


Question In which stage of product design, a pilot production run is carried out ?

Correct Answer Pre-production

Your Answer Pre-production


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


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


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


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


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


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


Question Over what weight materials should be handled mechanically?

Correct Answer 20 kgs

Your Answer 20 kgs


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


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.


Question Which two roles does a partner play in a partnership ?

Correct Answer Principle , Agent

Your Answer Principle , Supervisor

Match The Following


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


Question Collective bargaining is founded on which principle?

Correct Answer Give and take

Your Answer Positive changes


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.


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


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


Question What is the single cause of strike by workers and lockouts by

management

Correct Answer Industrial conflicts

Your Answer Industrial conflicts


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


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


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


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.


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.


Your Answer False


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.


Your Answer True


Labels: Industrial Management, SCDL Assignments, SCDL Paper, SCDL Papers, SCDL

Solved Assignment

Business Communication Assignments for PGDBA

Business Communication Assignments for PGDBA

Business Communication Solved Papers


Question

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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


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


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


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


Question

The activities included in written communication are

Correct Answer

Business Letters , Reports , Notices

Your Answer

Business Letters , Reports , Notices


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


Question

Various kinds of disease caused from stress

Correct Answer

Heartbeat increase , Slow digestion

Your Answer

Heartbeat increase , Increase in perspiration , Slow digestion


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


Question

Qualities of a good listener

Correct Answer

Welcomes disagreement , Looks for areas of agreement

Your Answer

Welcomes disagreement , Looks for areas of agreement


Question

Objectives of the letter can be known in one glance by reading the

Correct Answer

Subject

Your Answer

Subject


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


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


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


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


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


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


Question

Mechanical barriers are due to

Correct Answer

Disturbances in devices used for communication

Your Answer

Disturbances in devices used for communication


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


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


Question

One should look at the present with the eye towards

Correct Answer

Future

Your Answer

Future


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


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


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


Question

Communication is the task of imparting

Correct Answer

Information

Your Answer

Information


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


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


Question

The maximum content on the slide should be limited to

Correct Answer

25 words

Your Answer

30 words


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SCDL Solved Assignment

S U N D A Y , J U L Y 5 , 2 0 0 9

SCDL Consumer Behaviour - 3 Papers

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

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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

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

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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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