1. Indirect expenses include ?

factory expenses

selling expenses

administrative expenses

all of these

Answer: all of these

Explanation:


2. F. W. Taylor introduced a system of organisation known as ?

line organisation

functional organisation

line and staff organisation

line, staff and functional organisation

Answer: functional organisation

Explanation:


3. Queuing theory is associated with ?

inventory

sales

waiting time

production time

Answer: waiting time

Explanation:


4. Simplex method is the method used for ?

value analysis

network analysis

linear programming

queuing theory

Answer: linear programming

Explanation:


5. Micromotion study is ?

analysis of one stage of motion chart

motion study, when seen on a time chart

subdivision of an operation into their bligs and their analysis

enlarged view of motion study

Answer: subdivision of an operation into their bligs and their analysis

Explanation:


6. Critical path method ?

helps in ascertaining time schedules

makes better and detailed planning possible

provides a standard method for communicating project plans schedules and to time and cost performance

all of the above

Answer: all of the above

Explanation:


7. A-B-C analysis ?

is a basic technique of materials management

is meant for relative inventory control

does not depend upon the unit cost of the item but on its annual consumption

all of the above

Answer: all of the above

Explanation:


8. In a functional organisation ?

quality of work is better

wastage of material is minimum

specialised knowledge and guidance to individual worker is provided

all of the above

Answer: all of the above

Explanation:


9. Which of the following statement is correct ?

When slack of an activity is zero, it falls only on critical path

CPM technique is useful to minimise the direct and indirect expenses

Critical path of a net work represents the minimum time required for completion of project

all of the above

Answer: all of the above

Explanation:


10. Break even point is the point where ?

fixed and variable cost lines intersect

fixed and total cost lines intersect

variable and total cost lines intersect

sales revenue and total expensive lines intersect

Answer: sales revenue and total expensive lines intersect

Explanation: