1021. Process a/c is ________.

nominal a/c
a real a/c
personal a/c
either nominal or real a/c

Subscribe on YouTube
________." class="read-more button" href="https://exam.pscnotes.com/mcq/process-a-c-is-________/#more-44659">Detailed SolutionProcess a/c is ________.

1022. Input is 10,000 units and normal loss is 20% of input and abnormal loss is 400 units What is actual output?

7600 units
10,000 units
10, 400 units
12,000 units

Detailed SolutionInput is

124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
10,000 units and normal loss is 20% of input and abnormal loss is 400 units What is actual output?

1023. Which of the following is an abnormal cause of Idle time:

Time taken by workers to travel the distance between the main gate of factory and place of their work
Time lost between the finish of one job and starting of next job
Time spent to meet their personal needs like taking lunch, tea etc

Detailed SolutionWhich of the following is an abnormal cause of Idle time:

1024. If number of units are 3000 and per unit price is $500, then flexible budget variable will be

$1,500,000
$2,500,000
$3,500,000
$4,500,000

Join Our Telegram Channel

11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
be" class="read-more button" href="https://exam.pscnotes.com/mcq/if-number-of-units-are-3000-and-per-unit-price-is-500-then-flexible-budget-variable-will-be/#more-44644">Detailed SolutionIf number of units are 3000 and per unit price is $500, then flexible budget variable will be

1025. Budgeted direct labour hours are multiplied to direct labour cost rate to calculate

expected total direct labour cost
budgeted total direct labour cost
budgeted total indirect labour cost
expected labour hours

Subscribe on YouTube
to calculate" class="read-more button" href="https://exam.pscnotes.com/mcq/budgeted-direct-labour-hours-are-multiplied-to-direct-labour-cost-rate-to-calculate/#more-44610">Detailed SolutionBudgeted direct labour hours are multiplied to direct labour cost rate to calculate

1026. . . . . . . . . expenses are excluded from cost.

Normal
Abnormal
Both A and B
None of these

Subscribe on YouTube
expenses are excluded from cost." class="read-more button" href="https://exam.pscnotes.com/mcq/expenses-are-excluded-from-cost/#more-44570">Detailed Solution. . . . . . . . expenses are excluded from cost.

1027. Wages paid to a labour who was engaged in production activities can be termed as _______.

direct cost
indirect cost
sunk cost
imputed cost

Subscribe on YouTube
production activities can be termed as _______." class="read-more button" href="https://exam.pscnotes.com/mcq/wages-paid-to-a-labour-who-was-engaged-in-production-activities-can-be-termed-as-_______/#more-44559">Detailed SolutionWages paid to a labour who was engaged in production activities can be termed as _______.

1028. When the actual loss is more than the estimated loss, the difference between the two is considered to be . . . . . . . .

abnormal loss
normal loss
loss
None of these

Join Our Telegram Channel

class="read-more button" href="https://exam.pscnotes.com/mcq/when-the-actual-loss-is-more-than-the-estimated-loss-the-difference-between-the-two-is-considered-to-be/#more-44553">Detailed Solution Subscribe on YouTube class="screen-reader-text">When the actual loss is more than the estimated loss, the difference between the two is considered to be . . . . . . . .

1029. Cost plus contract is useful for-

Contractor
Contractee
Both A and B
None of these

Subscribe on YouTube
class="read-more button" href="https://exam.pscnotes.com/mcq/cost-plus-contract-is-useful-for/#more-44524">Detailed SolutionCost plus contract is useful for-

1030. Assertion (A): A high operating ratio indicates a favourable position. Reason (R): A high operating ratio leaves a high margin to meet non-operating expenses.

Both (A) and (R) are correct, and (R) correctly explains (A)
Both (A) and (R) are correct, but (R) does not explain (A)
Both (A)and (R) are incorrect
(A) is correct, but (R) is incorrect

Join Our Telegram Channel

64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube ratio indicates a favourable position. Reason (R): A high operating ratio leaves a high margin to meet non-operating expenses." class="read-more button" href="https://exam.pscnotes.com/mcq/assertion-a-a-high-operating-ratio-indicates-a-favourable-position-reason-r-a-high-operating-ratio-leaves-a-high-margin-to-meet-non-operating-expenses/#more-44518">Detailed SolutionAssertion (A): A high operating ratio indicates a favourable position. Reason (R): A high operating ratio leaves a high margin to meet non-operating expenses.


Test 1Test 2Test 3Test 4Test 5Test 6Test 7Test 8Test 9Test 10Test 11Test 12Test 13Test 14Test 15Test 16Test 17Test 18Test 19Test 20Test 21Test 22Test 23Test 24