Correct Answer:- Option-D

Question78:-Rate per hour = Rs. 1.50 per hour, Time allowed for job = 20 hours,
Time taken = 15 hours. calculate total earnings of the worker under the Halsey
plan

A:-Rs. 26

B:-Rs. 27

C:-Rs. 26.25

D:-Rs. 28

Correct Answer:- Option-C

Question79:-State whether the following statements are true or false
(1) Master budget is a consolidated summary of the various functions budgets
(ii) Budgetary control inculcates the feeling of cost consciousness among workers

A:-Both statements are true

B:-Statement 1 is True and statement 2 is false
C:-Both statements are false

D:-Statement 1 is false and statement 2 is true
Correct Answer:- Option-A

Question80:-The schedule, document or booklet which shows, in written forms
budgeting organisation and procedures is known as

A:-Budget Centre
B:-Budget organisation
C:-Budget Manual
D:-None of these

Correct Answer:- Option-C

Question81:-Among the following which one is NOT the method of preparing cash
budget

A:-Income and Expenditure method

B:-Receipts and payments method

C:-Balance sheet forecast method

D:-Profit forecast method

Correct Answer:- Option-A
Question82:-Match the following

(a) Transfer pricing - (i) A deterministic model for scheduling

(b) Simulation - (ii) Value of goods transferred between related parties
(c) Skimmed pricing - (+) Manipulating a model of the reak system

(d) CPM - (iv) Charging high prices during introduction phase

A:-(a)-iv, (b)-ii, (c)-i, (d)-iii
B:-(a)-ii, (b)-iii, (c)-iv, (d)-i
C:-(a)-i, (b)-ii, (c)-iii, (d)-iv