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WorksheetsFinal exam revision for ENGG304
Total questions: 67
Worksheet time: 34mins
Which of the following is a key responsibility of the HR function related to workforce planning?
Preparing financial statements
Identifying future staffing needs
Developing engineering prototypes
Managing cost control and budgeting
What is the primary focus of the Human Resources (HR) function in an engineering organization?
Managing financial statements
Ensuring compliance with legislation
Managing people within the organization
Developing new engineering designs
What is the importance of HR in engineering organizations?
Ensuring financial health
Maintaining a motivated, competent workforce
Developing technical training programs
Managing external hiring processes
Which of the following is a key responsibility of the Finance function in an engineering organization?
Recruitment and selection
Preparing financial statements
Training and development
Appraisals and performance management
What does cost control and budgeting ensure in the Finance function of an engineering organization?
Smooth operations and profitability
Compliance with legislation
Conflict resolution and union interaction
Identification of future staffing needs
What is the primary purpose of marketing in an organization?
To acquire materials and resources.
To ensure customer needs are understood and products are marketed effectively.
To develop new products and improve processes.
To negotiate prices and contracts.
Which activity is NOT part of marketing?
Branding and promotion.
Customer data analysis.
Selecting suppliers through appraisal.
Market research.
What is the importance of purchasing/procurement in engineering?
It drives innovation.
It ensures materials arrive on time to prevent production delays.
It helps in branding and promotion.
It provides competitive advantage and technological leadership.
Which of the following is an activity associated with research and development (R&D)?
Negotiating prices and contracts.
Branding and promotion.
Developing new products.
Customer data analysis.
What is the significance of research and development (R&D) in an organization?
It ensures customer needs are understood.
It provides competitive advantage and technological leadership.
It ensures materials arrive on time.
It involves selecting suppliers through appraisal.
Which activity in manufacturing involves bending and shaping materials?
Fabrication
Forming
Machining
Assembly
What does quality control in manufacturing ensure?
Products are assembled correctly
Products meet specifications
Products are fabricated efficiently
Products are marketed effectively
Which supply chain management activity involves scoring suppliers based on cost, reliability, and quality?
Outsourcing decisions
Supplier appraisal
Resource allocation
Stock control
What is the purpose of market research in marketing and sales activities?
Promoting products
Collecting customer feedback
Analyzing customer needs
Branding products
Which customer relations activity focuses on managing complaints professionally?
Ensuring customer satisfaction
Providing technical support
Managing complaints professionally
Collecting customer feedback
What does resource management involve in terms of stock control techniques?
FIFO and JIT
CNC and drilling
Branding and promotion
Welding and joining
Which of the following is an example of internal recruitment?
Hiring new candidates
Promotions from within
Training young engineers
Outsourcing recruitment
What is the primary purpose of appraisals in staff management?
Hiring new employees
Reviewing performance
Conducting profit analysis
Managing contracts
Which financial activity involves determining the profitability of a business?
Cost estimation for tenders
Break-even calculation
Profit analysis
Staff training plans
What is the process called where companies bid to supply goods or services?
Contracting
Tendering
Recruitment
Appraisals
Which of the following is an example of an express term in a contract?
Product must be safe
Delivery date
Implied expectations
Employee motivation
What does "force majeure" protect against in contracts?
Breach of contract
Unavoidable events such as natural disasters
Failure to meet terms
Loss of future contracts
Which of the following is a promise about product quality in contracts?
Indemnities
Insurance
Warranties
Force majeure
What is the purpose of indemnities in contracts?
To protect against risks like equipment failure
To compensate if something goes wrong
To ensure product quality
To reject delivery of goods
What is one consequence of non-performance in contracts?
Protection against natural disasters
Financial penalties
Detailed technical specifications
Commitment to repair defective items
Which type of documentation provides detailed technical specifications in engineering contracts?
Quotations
Drawings
Estimates
Specifications
What do "quotations" represent in engineering contracts?
Cost predictions
Confirmed prices
Exact requirements for materials
Promises about product quality
What is the purpose of "specifications" in engineering contracts?
To predict costs
To provide confirmed prices
To outline exact requirements for materials and performance
To compensate for defective items
What is the primary purpose of Intellectual Property Rights (IPR)?
To increase production efficiency
To protect original ideas and engineering innovations
To reduce manufacturing costs
To improve customer satisfaction
Which type of Intellectual Property Rights protects inventions for up to 20 years?
Trademarks
Registered designs
Patents
Copyrights
What is one of the reasons for cost control in engineering?
To increase the number of employees
To identify hidden or unexpected costs
To reduce the quality of materials
To eliminate supervision costs
Which type of cost changes with output, such as consumables?
Direct costs
Indirect costs
Variable costs
Semi-variable costs
What is an example of semi-variable costs?
Labour costs
Machine maintenance
Electricity costs
Raw materials
Which type of Intellectual Property Rights protects brand symbols, names, or logos?
Patents
Registered designs
Trademarks
Copyrights
What is one way cost control improves competitiveness?
By increasing waste
By reducing waste
By increasing supervision costs
By eliminating raw materials
What is the primary purpose of Activity-Based Costing (ABC)?
To calculate fixed costs like rent and insurance.
To understand the true cost of producing products or delivering services.
To manage administrative costs like HR and IT.
To determine the depreciation of equipment.
Which of the following is the first stage of Activity-Based Costing (ABC)?
Assign resource costs.
Identify outputs.
Identify activities.
Determine profitability.
What is the role of cost drivers in Activity-Based Costing (ABC)?
To group activities like setup and material handling.
To assign activity costs to outputs.
To identify outputs such as products and customers.
To calculate fixed costs like rent and insurance.
Which of the following is NOT a benefit of Activity-Based Costing (ABC)?
More accurate costing.
Helps identify unprofitable products.
Reduces fixed costs like rent and insurance.
Supports strategic decisions such as discontinuing or improving processes.
What is the final stage of Activity-Based Costing (ABC)?
Assign resource costs.
Determine profitability.
Identify activities.
Assign activity costs to outputs.
What is the formula used to calculate the manufacturing overhead cost in the Traditional Costing System?
Overhead Rate × Direct Materials
Overhead Rate × Labor Hours Used
Manufacturing Overhead Cost ÷ Labor Hour
Direct Labor × Overhead Rate
What is the total manufacturing overhead cost applied to the order in the Traditional Costing System?
BD 29,817.50
BD 29,818
BD 52,623
BD 63,148
What is the total cost of the order in the Traditional Costing System?
BD 29,818
BD 63,148
BD 52,623
BD 8,925
How is the invoice value calculated in the Traditional Costing System?
Total Cost × 1.2
Total Cost ÷ 1.2
Total Cost × 20%
Total Cost ÷ 20%
What is the invoice value for the order in the Traditional Costing System?
BD 52,623
BD 63,148
BD 29,818
BD 9,160
What is the activity rate (BD/unit) for the "Production of Components" in Step 1 of Activity-Based Costing (ABC)?
90.18
51.84
3.35
31.93
Which activity has the highest activity rate (BD/unit) in Step 1 of Activity-Based Costing (ABC)?
Maintenance
Setup Costs
Product Testing
Delivery
What is the allocated cost (BD) for "Assembly of Components" in Step 2 of Activity-Based Costing (ABC)?
9,920
4,925
1,437
447
How is the activity rate (BD/unit) calculated in Step 1 of Activity-Based Costing (ABC)?
Total cost divided by driver quantity
Driver quantity divided by total cost
Allocated cost divided by driver usage rate
Total cost multiplied by driver quantity
What is the allocated cost (BD) for "Rent" in Step 2 of Activity-Based Costing (ABC)?
1,355
3,105
413
184
What is the total cost under Activity-Based Costing (ABC)?
BD 52,623
BD 44,591
BD 63,148
BD 53,509
How is the invoice value calculated under Activity-Based Costing (ABC)?
Total Cost × 1.5
Total Cost × 1.2
Total Cost × 1.8
Total Cost × 1.1
What is the difference in total cost between Traditional Costing and Activity-Based Costing (ABC)?
BD 8,032
BD 10,000
BD 7,500
BD 9,000
Which costing method provides a more accurate picture of resource consumption?
Traditional Costing
Activity-Based Costing (ABC)
Direct Costing
Indirect Costing
What is one limitation of Traditional Costing mentioned in the document?
It ignores direct labor hours.
It ignores important cost drivers like machine hours and setups.
It overestimates the invoice value.
It uses inaccurate formulas for cost calculation.
What is the invoice value under Activity-Based Costing (ABC)?
BD 63,148
BD 44,591
BD 53,509
BD 52,623
What does ABC costing link costs to?
Labor hours only
Specific activities like setup, maintenance, and testing
Overhead costs only
Invoice value calculations
What is the primary focus of the ISO 9001 standard in the ISO 9000 series?
Reducing waste and pollution
General principles and vocabulary
Widely used QMS for continuous improvement
Eco-design processes
Which ISO standard focuses on life-cycle assessment in environmental management?
ISO 9001
ISO 14001
ISO 14040
ISO 14006
What does the "Plan" step in the TQM and PDCA cycle involve?
Implementing changes
Monitoring results
Identifying improvements needed
Making successful changes permanent
Which of the following is a characteristic of Quality Assurance (QA)?
Focuses on eco-design processes
Includes Total Quality Management (TQM)
Reduces waste and pollution
Focuses on life-cycle assessment
What is the primary goal of quality systems in engineering organizations?
To reduce waste and pollution
To deliver reliable, safe, and high-performing products
To implement eco-design processes
To assess life-cycle impacts
What is one of the purposes of quality systems?
To increase production speed
To ensure consistency
To reduce employee workload
To eliminate customer feedback
Which of the following is a method used in Quality Control (QC)?
Benchmarking against best practices
Condition monitoring (vibration, thermal analysis)
Gaining customer trust
Providing competitive advantage
What does the "Right first time" approach in Quality Control aim to achieve?
Increase production speed
Reduce rework
Improve customer feedback
Enhance employee satisfaction
What is the role of benchmarking in quality systems?
To compare against best practices
To eliminate defects
To monitor vibrations
To reduce rework
Which of the following is NOT a purpose of quality systems?
Reduce waste and defects
Improve organizational effectiveness
Provide competitive advantage
Perform destructive testing
