Cost Accounting-CIA-2(2022)

A change in work force is known as................................

• Labour Turnover

• Labour strike

• Stock Turnover

• Direct Labour

1. Overtime is paid at

• Single rate

• Normal rate

• Higher than normal rate

• Standard rate

..................... system is suitable where the work is of repetitive nature and the methods and equipment are standardised

• Time wage

• piece Rate

• Rowan incentive

• Halsey incentive

................ incentive plan is called as 50:50 sharing plan

• Halsey

• Rowan

• Gantt task

• Barth

Wage sheet is Prepared by

• Personal department

• Payroll department

• Cost accounting department

• Production department

The wage rate system introduced by F.W Talyor is known as................

• Differential piece rate system

• Bonus system

• Efficiency System

• Premium plan

A Purchase requisition is prepared by

• Store keeper

• Supplier

• Foreman

• Purchase manager

The storekeeper should initiate a purchase requisition when stock reaches-------

• Average stock level

• Minimum stock level

• Maximum stock level

• Reorder level

An attendance register is kept under the custody of the --------------

• Book keeper

• Time keeper

• Store keeper

• Clerk

Which is not a method of job evaluation?

• Ranking method

• Point Rating method

• Factor comparison method

• Discriminating method