| Post Name | Marketing SupervisorĀ - Kerala State PoultryĀ DevelopmentĀ Corporation Ltd |
|---|---|
| Question Paper Code | 045/2022/OL |
| Category Code | 222/2021 |
| Date of Test | 14 July 2022 |
| Exam Type | Online Examination |
| Total Questions | 100 |
1
The provision for discount on debtors is calculated
Answer
D. After deducting provision for doubtful debts from debtors
2
Mines and quarries are the examples of
Answer
B. Wasting assets
3
Which among the following is NOT coming undert the debit side of P & L Account ?
Answer
D. Commission received
4
________ shows what the business owns and how much it owes ?
Answer
B. Balance sheet
5
Trading account is prepared to ascertain
Answer
D. Gross proļ¬t
6
Outstanding expenses refers to the expenses
Answer
B. Incurred but not paid during the current accounting period
7
Goodwill is
Answer
A. An intangible Asset
8
Goods distributed as free samples is treated as
Answer
C. Advertising expenses
9
Which of the following statement is true regarding unearned income ?
Answer
D. Shown on the liability side of the balance sheet
10
Which one of the following is not an objective of preparing ļ¬nancial statements ?
Answer
A. To judge the variations in the accounting practices followed by diļ¬erent enterprises
11
__________ are certain assumptions about the future on the basis of which the plan will be ultimately formulated ?
Answer
C. Planning premises
12
Which among the following is NOT a step in planning process ?
Answer
B. Comparing actual performance with the standards
13
In _________ types of organisation workers receive instructions from various specialists.
Answer
A. Functional
14
Identify the true statement relating to centralization.
Answer
B. Reserving authority with management
15
Which among the following is NOT an element of directing ?
Answer
C. Performance appraisal
16
_______ plans are designed with the entire organization in mind and begin with an organization's mission.
Answer
B. Strategic plans
17
Which of the following statement is true in connection with organizing ?
Answer
D. Delegation of authority and creation of responsibility
18
The unique aspects of delegation of authority are
Answer
A. Assigning responsibility, grant of authority and creation of accountability
19
PERT stands for
Answer
D. Programme Evaluation Review Technique
20
Which of the following is NOT true with respect to Matrix Organization ?
Answer
D. Based upon classical principle of unity of command
21
Which of the following statement is related with decoding ?
Answer
B. The interpretation of the secret messages has been carried out
22
Tone of voice is an example of
Answer
B. Non-verbal communication
23
A team meeting to share the ideas is an example of
Answer
C. Horizontal directional communication
24
Semantic barrier of communication is implied when
Answer
D. Receiver does not understand the language of the message
25
The eļ¬ective communication will be taking place if
Answer
D. The message is designed according to the listeners
26
_________ refers to communicating holistically while maintaining the balance between the content of the message and its possible emotional impact on the receiver and the sender.
Answer
C. Whole communication
27
Which of the following is not an element of communication process ?
Answer
A. Reinforcement
28
The information passes through written orders, rules, instructions etc. are called
Answer
B. Downward communication
29
Which among the following is not true regarding NOISE in communication ?
Answer
B. Noise occurs only in two way communication
30
____________ is the study of body movements to judge inner state of emotions expressed through diļ¬erent parts of the body.
Answer
A. Kinesics
31
Liquid assets is determined by
Answer
A. Current assets - stock - prepaid expenses
32
Higher the ratio, the more favourable it is, doesn't stand true for
Answer
A. Operating ratio
33
The technique of converting ļ¬gures into percentage in some common base is called
Answer
B. Common size statement
34
The net proļ¬t of a company is Rs. 2,00,000/-; preference dividend is Rs. 25,000/-; tax paid Rs. 15,000/-; the number of equity shares is 1,00,000/-. Then earnings per share is
Answer
C. 1.60
35
A limitation of ratio analysis
Answer
D. All of the above
36
Net proļ¬t ratio shows the relation between net proļ¬t and
Answer
C. Net sales
37
The current ratio is 2 : 1. The current liability is 40,000 so the current asset is
Answer
B. 80,000
38
The standard norm of debt-equity ratio
Answer
A. 1 : 2
39
Analysis of the working capital changes and funds relates to
Answer
B. Fund ļ¬ow
40
Cash from operations =
Answer
A. Net Profit + {Increase in C.L.; Decrease in C.A.} ā {Increase in C.A.; Decrease in C.L.}
41
Aggregate planning create equilibrium between
Answer
A. Demand and capacity
42
Aesthetic is a dimension of product's
Answer
B. Beauty
43
Pareto analysis decision making technique is based on ________ rule.
Answer
C. 80-20
44
The standard for environment management system
Answer
B. 14001 ISO
45
The continuous improvement principle
Answer
B. PDCA
46
Name of a quality Guru.
Answer
C. Jospeh M. J.
47
In JIT, which is a true statement ?
Answer
A. Vendor is viewed by the company as a partner
48
ISO 19011 : 2018 deals with
Answer
B. Auditing
49
Improvement of Human relation, it uses group brainstorming sessions, solve quality problems, identify work center problems and reduce defects of products
Answer
B. Quality circle
50
The Bench marking variety which compares and scrutinizes the attributes such as price, time to market technical quality ?
Answer
C. Performance
51
Identify the true statement/s relating to "Cross-Duck". I. Warehousing of livestock is considered to be the meaning of Cross-Duck. II. Products going to the same destination can easily be consolidated into fewer transport vehicles.
Answer
B. Only II true
52
Bonded warehouse mean I. Bonded warehouses are used to store imported goods for which import duty is yet to be paid. II. These warehouses are owned and managed by Government or licensed private agencies.
Answer
C. Both I and II true
53
Identify the mismatched acronym I. WMS stands for Warehouse Management System II. MMRP stands for maintenance materials resources planning
Answer
B. Only II true
54
Which of the cost curve exhibit downward slope from left to right in EOQ ?
Answer
A. Ordering cost
55
Identify the mismatched pair.
Answer
D. None of these
56
Which of the following inventory control should be exercised during procurement diļ¬culties ?
Answer
C. SDE analysis
57
_________ is the average amount of inventory used to satisfy the demand between receipts of supplier shipments.
Answer
B. Cycle inventory
58
Assertion : Demand forecasting in supply chain struggles the adaption of seasonality demands. Reason : Adaptive forecasting methods would help to update seasonality demands.
Answer
A. Both Assertions and Reasons are true and Reason is the correct explanation for Assertion
59
Identify the mismatched pair.
Answer
D. None of the above
60
Identify the true statement/s relating to the word "Back Ordering" I. Back ordering is usually adopted during times of high demand and for slow-moving products that suddenly see a spike in demand. II. A practice of placing a purchase order to a supplier for a product that's temporarily out of stock in warehouse and has already been ordered by your customers.
Answer
C. Both I and II true
61
The process of combining two or more shipments into a single shipment that is recognized by a single bill of lading is
Answer
A. Hitchment
62
Identify the true statement/s. I. There is no diļ¬erence between eļ¬cient supply chain and responsive supply chain. II. Eļ¬cient supply chain means meet demand at the lowest cost whereas responsive supply chain means respond quickly to the demand.
Answer
B. Only II true
63
Which of the following is not the factor contributing Bullwhip eļ¬ect ?
Answer
D. None of these
64
Which of the following is/are the part of purchase manual ?
Answer
C. Both I and II
65
Identify the true statement/s. I. Captive buyers are always procuring capital assets. II. Captive buyers are the customers who are "captured" by a product/vendor and are resistant to use another product/vendor.
Answer
B. Only II true
66
Identify the true statement of Kraljic Matrix.
Answer
D. Peter Kraljic developed the Kraljic Matrix
67
Identify the mismatched pair.
Answer
B. Resource-Based Theory (RBT) O. Williamson
68
"Hand to mouth buying" means
Answer
A. Buying in small quantity according to the immediate requirement
69
"Kaizen" is a Japanese term, means
Answer
C. Continuous improvement
70
Which place is the Headquarters of Director General of Foreign Trade (DGFT) ?
Answer
D. New Delhi
71
Identify the true statement/s relating to IEC. I. Indian Exporter Code is the expansion of IEC. II. IEC number is granted by Director General of Commercial Intelligence and Statistics.
Answer
D. Neither I nor II true
72
Which of the following is not a party in Letter of Credit ?
Answer
D. None of these
73
Identify the true statement/s of INCOTERMS. I. The expansion of Incoterms is International currency terms. II. The ļ¬rst Incoterms were published in 1936.
Answer
B. Only II true
74
__________ bill of lading is issued when the cargo is damaged or when the quantity goes missing.
Answer
C. Claused bill of lading
75
Identify the true statement/s relating to "RCMC". I. The expanded form of "RCMC" is Registration Cum Membership Certiļ¬cate. II. RCMC is issued by Export Promotion Councils/Commodity board/Development authority or other competent authority.
Answer
C. Both I and II true
76
Identify the mismatched pair.
Answer
D. None of the above
77
What is the colour of duty free goods shipping bill ?
Answer
A. White paper
78
Identify the true statement/s relating to EOU. I. The expanded form of EOU is Export Objected Unit. II. Units registered under the EOU scheme are required to export 100% of their products.
Answer
B. Only II true
79
Pick out the true statements.
Answer
A. A commercial invoice is issued by exporter
80
Identify the mismatched pair.
Answer
D. None of the above
81
Which of the following statements are true ? i. Stores ledger is maintained in the stores department. ii. Purchase requisition is usually prepared by the store keeper. iii. Bin card is a record of both quantity and value. iv. Ordering costs are equal at EOQ level. v. In case of price rising FIFO method of pricing issues is suitable. vi. Material abstract consists of 3 parts.
Answer
D. ii and iv
82
Location of stores department should be
Answer
D. All the above
83
The most commonly used method of classiļ¬cation of material is
Answer
B. On the basis of nature
84
___________ system of codiļ¬cation is more commonly used.
Answer
A. Decimal system
85
_________ and __________ are important methods of controlling the size of material.
Answer
C. Standardisation and simpliļ¬cation
86
In ____________ store materials are received by and issued from one stores department.
Answer
C. Centralised stores
87
The quantity of material to be ordered at one time is known as
Answer
B. Economic order quantity
88
The level of stock at which normal issues of the material are stopped and issues are made under speciļ¬c instruction is known as
Answer
B. Danger level
89
________ type of stores are not very popular because of the heavy expenditure involved.
Answer
A. Decentralised stores
90
The bin tags are maintained by
Answer
A. Store keeper
91
_________ arises because of causes inherent in the production.
Answer
B. Normal waste
92
Which of the following stores system is known as imprest system of stores control ?
Answer
C. Centralised store with sub stores system
93
_________ is a schedule of all the materials and supplies required for a speciļ¬c job or work order.
Answer
A. Bill of material
94
Material authorisation note is prepared by
Answer
B. Foreman
95
_________ is a quantitative and value record of receipt, issue, closing balance of each item of stores.
Answer
A. Stores ledger
96
Under which of the following methods materials are issued at a predetermined price ?
Answer
D. Standard cost method
97
_________ is a process whereby all stock items are physically counted and valued.
Answer
D. Periodic stock taking system
98
Which of the following method of pricing of material leads to stock valuation totally unrealistic ?
Answer
A. Base stock method
99
Abnormal loss of material are charged to
Answer
C. Costing proļ¬t and loss account
100
Shop Credit Note is associated with
Answer
B. Return of surplus material
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