8. In which of the following wage plan, time wage is not guaranteed?
(ക Halsey (B) Rowan
(C) Taylor (D) Gantt
9. Absorption of overheads means :
(ക distribution of overheads to all departments
(B) charging of overheads to individual products
(C) identification of cost
(12) grouping overheads between direct and indirect
10. Which among the following are not appearing in the cost sheet?
(ಗಿ) Bad debts (18) Income tax
(C) . Both (A) and (B) (D) Counting house salary
11. What may be the cause of negative cash flow from operating activities?
(A) The repayment of a loan
(B) High levels of dividend payments
(C) A substantial investment in new fixed assets
(D) A sudden increase in credit sales
12. Which one of the following is false?
(ക A profitable company will never run out of cash
(18) மன outflows exceed inflows on an ongoing basis, the business will eventually
run out of cash
(€) Rapidly expanding companies can sometimes face 8 cash shortage
(D) Cash is the lifeblood of a business and without it the business will die
13. Which of the following involves a movement of cash?
(^) 00708 15600 (0) Rights issue
(C) Creation of a provision for pensions (10) Depreciation of fixed assets
14. The difference between fixed cost and variable cost assumes significance in the preparation വ്‌
the following budget :
(4) Master Budget (1) Flexible Budget
(C) Cash Budget (D) Capital Budget
15. When a manufacturing business prepares budgets for a period, which is 1 the first
budget to be prepared?
(ക) Cash budget (B) Sales budget
(£) Production budget (D) Capital expenditure budget
16. What is ‘management by exception'?
(^) A form of management accountability
(B) A means of management control
(C) A means of assessing managerial performance
(D) A form of planning
172/2015 4 A