Accounting Practice MCQ Page 11

Multiple Choice questions for Accounting in the sets of 10 each on one page with questions and answers. All sets are useful in the preparation of subject tests for employment or admission.
Question: 1451   Using data as given in Q. 314 above, what will be the amount of bonus under rowan plan
  2. RS. 2
  3. RS. 3
  4. RS. 4
  5. None of the above
Question: 1453   using data as given in Q 3.14 above, what is the amount of bonus under Halsey plan
  1. RS. 2
  2. RS.3
  3. RS.4
  4. Nil
Question: 1457   Standard output is 100 units per day of 8 hours and the piece rates are 20 piece per unit under Taylor's differential piece rate system,what will be amount of wages if a worker produces 95 unit in a day
  1. RS.14.00
  2. RS.14.25
  3. 18.50
  4. 19.00
Question: 1459   Given the data in 3.19 above,what will be the amount of wages under Taylor's differential piece rate system,if a worker produces 101 units om a day
  1. RS.15.15
  2. RS.20.00
  3. 20.15
  4. 20.20
Question: 1460   Comparing Rowan and Halsey premium plans, it is seen that when the time saved is less than 50% of the time saved,
  1. Rowan plan allows more wages to a worker than Halsey plan
  2. Rowan plan allows less wages to a worker than Halsey plan
  3. Rowan and Halsey plan allow equal wages to a worker
Question: 1461   When time saved is 40% of the standard time, Halsey plan allows
  1. more wages than Rowan plan
  2. less wages than Rowan plan
  3. equal wages as compared to Rowan plan
Question: 1463   Standard time is 60 hours and guaranteed time rate is 30 paise per hour what is the amount of wages if job is completed n 48 hours? Rowan plan is in use
  1. RS.24.00
  2. RS.26.80
  3. RS.17.28
  4. RS.20.40
Question: 1464   Which of the following a group incentive plan
  1. priestman plan
  2. Badaux plan
  3. Halsey weir plan
  4. All of these
Question: 1466   Packing cost is
  1. production cost
  2. selling cost
  3. distrbution cost
  4. It may be any of the above
Question: 1468   Directors' remuneration and expenses from a part of
  1. production overhead
  2. selling overhead
  3. administration overhead
  4. distribution overhead
Question: 1471   Salary of a foreman should be classified as a
  1. fixed overhead
  2. variable overhead
  3. semi-fixed or semi-variable overhead
Question: 1472   Charging to a cost centre those overheads that result soleoy from existence of that cost centre is known as
  1. allocation
  2. apportionment
  3. absorption
  4. allotment

Answers to the questions of Accounting on this page

Following list gives the correct choice for the answer of the Accounting mcqs.
1451 . B       1453 . A       1457 . B       1459 . D       1460 . A       1461 . B       1463 . C       1464 . A       1466 . D       1468 . B       1471 . C       1472 . A      

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