Costing - Practice Test | ExamPrepSheets

[#946] Which of the following is an abnormal cause of Idle time:

(A) Time taken by workers to travel the distance between the main gate of factory and place of their work

(B) Time lost between the finish of one job and starting of next job

(C) Time spent to meet their personal needs like taking lunch, tea etc

(D) Machine break downs

Correct Answer

(D) Machine break downs

Explanation

Solution: Machine break downs is an abnormal cause of Idle time. Abnormal idle time may arise in case of all types of workers.

[#947] Labour turnover means:

(A) Turnover generated by labour

(B) Rate of change in composition of labour force during a specified period

(C) Either of the above

(D) Both of the above

Correct Answer

(B) Rate of change in composition of labour force during a specified period

Explanation

Solution: Labour turnover is defined as the rate of change of labour force in an organization during a specified period.

[#948] Which of the following is not an avoidable cause of labour turnover:

(A) Dissatisfaction with Job

(B) Lack of training facilities

(C) Low wages and allowances

(D) Disability, making a worker unfit for work

Correct Answer

(D) Disability, making a worker unfit for work

Explanation

Solution: Disability, making a worker unfit for work is not an avoidable cause of labour turnover.

[#949] Costs associated with the labour turnover can be categorised into:

(A) Preventive Costs only

(B) Replacement costs only

(C) Both of the above

(D) Machine costs

Correct Answer

(C) Both of the above

Explanation

Solution: Costs associated with the labour turnover can be categorised into Preventive Costs and Replacement costs.

[#950] "Calculate workers left and discharged from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and Separation method No of workers replaced during the quarter is 80"

(A) 112

(B) 80

(C) 48

(D) 64

Correct Answer

(C) 48

Costing - Study Mode

[#946] Which of the following is an abnormal cause of Idle time:

Correct Answer

Explanation

[#947] Labour turnover means:

Correct Answer

Explanation

[#948] Which of the following is not an avoidable cause of labour turnover:

Correct Answer

Explanation

[#949] Costs associated with the labour turnover can be categorised into:

Correct Answer

Explanation

[#950] "Calculate workers left and discharged from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and Separation method No of workers replaced during the quarter is 80"

Correct Answer