McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .
| 801. |
As per the provisions of section 93, when a cheque is dishonoured by non-acceptance or non-payment the holder |
| A. | may or may not give notice to the parties whom the holder seeks to make liable thereon |
| B. | must give notice to the parties whom the holder seeks to make liable |
| C. | must give notice to the parties whom the holder seeks to make liable, but after noting |
| D. | must not give any notice to anyone |
| Answer» B. must give notice to the parties whom the holder seeks to make liable | |
| 802. |
Where a cheque is crossed generally the banker on whom it is drawn |
| A. | shall not pay it otherwise than to a banker |
| B. | shall not pay it otherwise than to the holder |
| C. | shall not pay it to a banker |
| D. | none of the above |
| Answer» A. shall not pay it otherwise than to a banker | |
| 803. |
The Scanlon plan of profit sharing gives utmost importance to ………. |
| A. | Employee participation |
| B. | Ratio |
| C. | High |
| D. | Profit |
| Answer» A. Employee participation | |
| 804. |
Characteristic of a good compensation system is ………. |
| A. | Lower the efficiency of worker, higher is compensation |
| B. | Higher the efficiency of worker, lower is compensation |
| C. | Lower the efficiency of worker, lower is compensation |
| D. | Higher the efficiency of worker, higher is compensation |
| Answer» D. Higher the efficiency of worker, higher is compensation | |
| 805. |
As industrialization taking place, the family values have ………. |
| A. | Changed |
| B. | Remain unchanged |
| C. | Increase |
| D. | Decrease |
| Answer» A. Changed | |
| 806. |
The unique code allotted to each & every employee in the organization is ………. |
| A. | Employer No. |
| B. | Factory No. |
| C. | Employee No. |
| D. | Individual No. |
| Answer» C. Employee No. | |
| 807. |
…………. are assured of a stable amount of money. |
| A. | Employers |
| B. | Directors |
| C. | Managers |
| D. | Employees |
| Answer» D. Employees | |
| 808. |
To enable employees to participate in profit sharing, employees should have ……….. |
| A. | Worked for certain no. of years in Company |
| B. | Worked for one year in a company |
| C. | Worked for six months in a company |
| D. | Worked for eight months in a company |
| Answer» A. Worked for certain no. of years in Company | |
| 809. |
Y2K era opened the flood gates for……….. |
| A. | IT. Industries |
| B. | Telecom |
| C. | Factory |
| D. | Shop |
| Answer» A. IT. Industries | |
| 810. |
Person working in MNC‘s occupying higher positions devote most of their time for their …….. |
| A. | Family |
| B. | Employment & job |
| C. | Friends |
| D. | Parents |
| Answer» B. Employment & job | |
| 811. |
In case of fatal accident occurred inside the factory , a separate accident report shall be send to the district magistrate in Form No. ………. |
| A. | 16 |
| B. | 12 |
| C. | 18 |
| D. | 14 |
| Answer» C. 18 | |
| 812. |
In case of fatal accident occurred inside the factory ,a separate accident report shall be send to the district magistrate in Form No.18 within ……… hrs |
| A. | 8 hours |
| B. | 10 hours |
| C. | 12 hours |
| D. | 14 hours |
| Answer» C. 12 hours | |
| 813. |
An accident report shall be confirmed by the manager by sending a separate report in Form No. ………. with details of number of person killed or injured to the inspector of factory. |
| A. | 12 |
| B. | 14 |
| C. | 16 |
| D. | 18 |
| Answer» D. 18 | |
| 814. |
An accident report shall be confirmed by the manager by sending a separate report in Form No.18 with details of number of person killed or injured to the inspector of factory within …….. hrs of the accident. |
| A. | 24 hr |
| B. | 30hr |
| C. | 18 hr |
| D. | 12 hr |
| Answer» A. 24 hr | |
| 815. |
Annual return under factory act shall be submitted on or before ………. |
| A. | 31st January |
| B. | 31st February |
| C. | 31st March |
| D. | 31st April |
| Answer» A. 31st January | |
| 816. |
Half Yearly return under factory act shall be submitted on or before ………. |
| A. | 31st June |
| B. | 31st July |
| C. | 31st September |
| D. | 31st October |
| Answer» B. 31st July | |
| 817. |
The primary purpose of employee safety programme is to preserve the employees‘……… |
| A. | Mental health |
| B. | Physical health |
| C. | Emotional health |
| D. | All of the above |
| Answer» D. All of the above | |
| 818. |
The visual presentation of the ranking of work sites in a factory based on the number of accidents reported from each site is called ……… |
| A. | Accidental Frequency Method |
| B. | Spot map method |
| C. | Incidence method |
| D. | Severity rate |
| Answer» B. Spot map method | |
| 819. |
Which of the following involves redesigning of equipment, machinery and material for the safe performance of the jobs? |
| A. | Safety engineering |
| B. | Safety campaigns |
| C. | Safety committee |
| D. | Safety training |
| Answer» A. Safety engineering | |
| 820. |
The responsibility for maintenance of employee health and safety is with ……… |
| A. | Employees |
| B. | Employers |
| C. | Government |
| D. | All of the above |
| Answer» D. All of the above | |
| 821. |
Ensuring the safety, health and welfare of the employees is the primary purpose of the …..…. |
| A. | Factories act, 1948 |
| B. | Payment of wages Act, 1936 |
| C. | Equal Remuneration Act, 1976 |
| D. | Industrial Disputes Act, 1947 |
| Answer» A. Factories act, 1948 | |
| 822. |
Which of the following is not connected with employee safety and health? |
| A. | The Factories Act, 1948 |
| B. | The mines Act,1952 |
| C. | The payment of Bonus Act, 1965 |
| D. | The Dock Workers (Safety, Health And Welfare) Act, 1986 |
| Answer» B. The mines Act,1952 | |
| 823. |
When the people involved in the process comprehend unlikable results from their interactions with the environment, it is specifically called ……… |
| A. | Time series |
| B. | Anticipatory stress |
| C. | Positive stress |
| D. | Negative stress |
| Answer» B. Anticipatory stress | |
| 824. |
Inspections by superiors and interviews for promotion usually come under |
| A. | Short-term response stress |
| B. | Long-term response stress |
| C. | Delayed response stress |
| D. | None of the above |
| Answer» A. Short-term response stress | |
| 825. |
Which of the following types of personality is comparatively less exposed to internal stress? |
| A. | Type A personality |
| B. | Type B personality |
| C. | Type C personality |
| D. | None of the above |
| Answer» B. Type B personality | |
| 826. |
When the employee perceives threat in the environment even if there is no such threat existing in the environment, it is normally described as ……….. |
| A. | Organizational stress |
| B. | Individual stress |
| C. | Extra-organizational stress |
| D. | None of the above |
| Answer» B. Individual stress | |
| 827. |
The exhaustion suffered by an individual due to continuous exposure to a stress-causing situation is normally known as………………… |
| A. | Entrapment |
| B. | Tiredness |
| C. | Irritability |
| D. | Burn-out |
| Answer» D. Burn-out | |
| 828. |
…………. is a scientific and systematic effort to modify the characteristics of an employee‘s job. |
| A. | Job redesign |
| B. | Time-out |
| C. | Mentoring |
| D. | Employee empowerment |
| Answer» A. Job redesign | |
| 829. |
First to lay down the guidelines for fixation of Minimum Wages was…………. |
| A. | Indian Labour Conference |
| B. | England Labour Conference |
| C. | London Labour Conference |
| D. | American labour Conference |
| Answer» A. Indian Labour Conference | |
| 830. |
Define an employee under section 2 (13)…………. |
| A. | Person employed with salary exceeding ` 3500 |
| B. | Person employed with salary exceeding ` 4500 |
| C. | Person employed with salary exceeding ` 3000 |
| D. | Person employed with salary exceeding ` 4000 |
| Answer» A. Person employed with salary exceeding ` 3500 | |
| 831. |
Payment of wages act came into existence ………… |
| A. | To ensure not regular and timely payment of wages to employed persons |
| B. | To ensure regular and timely payment of bonus to employed persons |
| C. | To ensure regular and timely payment of wages to unemployed persons |
| D. | To ensure regular and timely payment of wages to employed persons |
| Answer» D. To ensure regular and timely payment of wages to employed persons | |
| 832. |
The minimum wages to the obligations created by the convention no 26 of ………. |
| A. | National labour organization |
| B. | Labour organization |
| C. | International labour organization |
| D. | None of the above |
| Answer» C. International labour organization | |
| 833. |
What do you mean by wages? |
| A. | Remuneration by way of salaries , Allowances , Expressed in terms of money |
| B. | Remuneration by way of salaries , Allowances , Expressed in terms of monetary |
| C. | Remuneration by way of salaries , Allowances , P.F Expressed in terms of money |
| D. | Remuneration by way of salaries , gratuity Allowances , Expressed in terms of money |
| Answer» A. Remuneration by way of salaries , Allowances , Expressed in terms of money | |
| 834. |
To whom does the payment of wages act apply to? |
| A. | Persons employed in any service |
| B. | Persons employed in any factory |
| C. | Persons working in own home |
| D. | Persons working for his own business |
| Answer» B. Persons employed in any factory | |
| 835. |
What is the minimum salary under which the persons are covered in this act? |
| A. | More than `1600 |
| B. | Less than `1800 |
| C. | More than `1800 |
| D. | Less than `1600 |
| Answer» D. Less than `1600 | |
| 836. |
Define an employed person under section 2 of the act. |
| A. | Includes legal representative of a deceased employed person |
| B. | Includes illegal representative of a deceased employed person |
| C. | Includes representative of a deceased person |
| D. | Includes legal representative of a deceased unemployed person |
| Answer» A. Includes legal representative of a deceased employed person | |
| 837. |
Wages includes any remuneration payable under any award or settlement between ….….. |
| A. | Employer & employee |
| B. | Employees |
| C. | parties or order of court. |
| D. | Employers |
| Answer» C. parties or order of court. | |
| 838. |
When was the minimum wages act passed? |
| A. | 1938 |
| B. | 1948 |
| C. | 1958 |
| D. | 1968 |
| Answer» B. 1948 | |
| 839. |
The term wages include ………. |
| A. | Remuneration under any award , Settlement between the parties or order of court |
| B. | Remuneration under any award , Settlement between the parties or order of court , idle time |
| C. | Remuneration under any Settlement between the parties or order of court , Overtime |
| D. | Remuneration under any award , Settlement between the parties or order of court , Overtime |
| Answer» D. Remuneration under any award , Settlement between the parties or order of court , Overtime | |
| 840. |
What is the main purpose of the payment of wages act 1936? |
| A. | Ensure payment of wages to the employed , Prevent authorised deductions , Prevent arbitrary fines |
| B. | Ensure payment of wages to the employed , Prevent unauthorised deductions , Prevent arbitrary fines |
| C. | Ensure payment of wages to the employed , Prevent unauthorised deductions , Prevent fines |
| D. | Ensure payment of wages to the unemployed , Prevent unauthorised deductions , Prevent arbitrary |
| Answer» B. Ensure payment of wages to the employed , Prevent unauthorised deductions , Prevent arbitrary fines | |
| 841. |
………. means all remuneration expressed in terms of money. |
| A. | Labour |
| B. | Wages |
| C. | Overtime |
| D. | Factory |
| Answer» B. Wages | |
| 842. |
Which person is responsible for the payment of wages act? |
| A. | Director |
| B. | Employer |
| C. | Manager |
| D. | Management |
| Answer» C. Manager | |
| 843. |
……… are assured of a stable amount of money. |
| A. | Employees |
| B. | Employers |
| C. | Managers |
| D. | Directors |
| Answer» A. Employees | |
| 844. |
Minimum wages are not to be fixed in an industry which employs less then how many employees in the entire state? |
| A. | 800 |
| B. | 900 |
| C. | 1000 |
| D. | 1100 |
| Answer» C. 1000 | |
| 845. |
Remuneration paid for the service of the labour in production is …..…. |
| A. | Wages |
| B. | Cost |
| C. | Production Cost |
| D. | Profit |
| Answer» A. Wages | |
| 846. |
In the 60's salaries of Bargainable workers increased due to …..…. |
| A. | Success of Union |
| B. | Success of company |
| C. | Success of Labour |
| D. | Profit of Manager |
| Answer» A. Success of Union | |
| 847. |
Employee's State Insurance Act, ………. is a pioneering measure in the field of social insurance of our country. |
| A. | 1948 |
| B. | 1950 |
| C. | 1952 |
| D. | 1954 |
| Answer» A. 1948 | |
| 848. |
Minimum wages are not to be fixed in an industry which employs less then how many employees in the entire state? |
| A. | 500 |
| B. | 1000 |
| C. | 1500 |
| D. | 2000 |
| Answer» B. 1000 | |
| 849. |
Wages have at least …….. connotations from stand points of employers and employees. |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» B. 2 | |
| 850. |
From economic and …….. point of view woman was subject to man. |
| A. | Economically |
| B. | Logically |
| C. | Social |
| D. | Historical |
| Answer» C. Social | |
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