Академический Документы
Профессиональный Документы
Культура Документы
d) None of these
d) Measuring
d) None of these
d) All of these
d) All of these
c) Debentures
c) Organization
d) All of these
d) All of these
Q23: .. Is one where there is no cash inflow or outflow but adjustment is made in
records only?
a) Transaction
b) Capital
c) Paper transaction
d) Cash transaction
Q24: In case of company. Capital is collected by .
a) People
b) Issue of shares
c) Sales
Q25: Capital is for business
a) Liability
b) Cash
d) All of these
c) Income
d) Asset
d) Both b & c
A) current liability
B) current asset
C) liquid asset
D) fixed asset
b) 1-D, 2-B, 3-A, 4-C
c) 1-C, 2-B, 3-A, 4-D
A) Return inward
B) Return outward
c) 1-B, 2-B
c) Book keeping
d) 7
d) 1-A, 2-A
3) Stock of work in progress
d) All of these
d) All of these
c) Both a & b
Answer (Unit-1)
1) b
8)a
15) a
22) a
29) a
2) c
9) c
16) b
23) c
30) d
3) c
4) b
5) d
10) a
11) b
12) a
17) a
18) c
19) d
24) b
25) a
26) c
31) a
32) b
33) a
6) a
13) b
20) a
27) a
34) d
7) b
14) c
21) b
28) c
35)a
_ Unit-2
Accounting Concepts, Principles, Bases and Policies
Q36: Accounting is based on .
1) Books
2) Postulates
a) 1, 2
b) 2, 3, 1
3) Concepts
c) 2, 3, 4
4) Policies
d) All of these
a) Policies
b) Principles
c) Conventions
Q42: Give the full form of GAAP
a) Generally Accepted Accounting Principles
b) Generally Accounting Accepted Principles
c) Generally Accounts Accountant Principles
d) None of these
Q43: ICAI established
a) SAB
b) BAS
c) ASB
d) None of these
d) None of these
d) 7
Q51: Yes/ No
Unrealized revenue should not be taken into consideration for determining the profit.
Q52: Expenses are different from
a) Incomes
b) Payments
c) Revenue
d) None of these
Q53: Revenue earned during a period is compared with . Incurred to earn that
income
a) Cost
b) Income
c) Expenditure
d) All of these
b) Principle of expense
d) None of these
c) Supplier
d) Raw material
Q56: If the cost is more than the benefit than that principle should be modified, this is
called ..
a) Modifying principle
b) Double aspect principle
c) Principle of full disclosure
d) None of these
Q57: .. Is required to help comparison of financial data from one period to
another?
a) Accounts
b) Consistency
c) Both a & b
d) None of these
Q58: adhere to certain laws, customs, usage and business environment in
which it operates
a) Disclosure
b) Considerations
c) Standards
d) All of these
Q59: . Facilitates more disclosure of financial information
a) Accounting standard
b) Considerations
c) Disclosure
d) None of these
Q60: IFRS was framed by ..
a) ASB
b) SAB
c) IASB
d) None of these
c) Consistency
d) None of these
c) 21 May 1977
Answer (Unit-2)
d) None of these
36)c
43) c
50) c
57) b
64) a
37) b
44) a
51) yes
58)c
38) d
45) c
52) b
59) a
39) a
46) a
53) c
60) c
40) b
47) a
54) a
61) d
41) c
48) No
55) b
62) a
42) a
49) a
56) a
63) c
_ Unit-3
Double Entry Accounting
Q65: There are . Processes in accounting trait
a) 7
b) 8
c) 6
d) 4
Q66: .. Is a business activity involving transfer of money or moneys worth?
a) Accounts
b) Transaction
c) Unit
d) All of these
Q67: Every liability is represented by .
a) Asset
b) Capital
c) Both a & b
d) None of these
d) None of these
Q69: a/cs relate to things that can be touched, felt, physically measurable
a) Tangible real
b) Intangible real
c) Tangible personal
d) Intangible personal
Q70: Goodwill, patent rights are assets
a) Intangible
b) Tangible
c) Real
d) Nominal
d) All of these
1) Real a/c
a)1, 2, 3
2) Asset A/c
b) 2, 3,4
3) Expenses a/c
c) 1, 5, 4
4) Revenue a/c
d) None of these
c) Assets
5) Nominal a/c
d) All of these
d) All of these
Answer (Unit-3)
65) b
73) a
66) b
74) b
67) a
75) c
68) b
76) a
69) a
77) b
70) a 71) b
78) a
72) b
_ Unit-4
Secondary Books
Q79: If goods are returned than .. Will be sent
a) Debit note
b) Credit note
c) Both a & b
Q80: A debit note is a document prepared by .
a) Seller
b) Purchaser
c) Business
d) Nome of these
d) All of these
Q81: Credit notes are issued to the whole . Are issued by the customer
a) Customer, debit note
b) Supplier, debit note
c) All of these
d) None of these
Q82: Sales return book is also known as ..
a) Return outward book
b) Return inward book
d) None of these
c) Purchase book
Q84: The businessman maintains a journal/subsidiary book containing the details of the
.
a) B/R
b) Books
c) A/Cs
d) All the above
Q85: The business person receives . The bill amount on discounting
a) 80%
b) 90%
c) 70%
d) 50%
Q86: is an important subsidiary book?
a) Cash book
b) Journal
c) Ledger
d) Trial balance
Q87: In the cash book on the left hand side .. Are recorded
a) Payments
b) Receipts
c) Ledgers
d) All of these
Q88: .. Is a book of original entry?
a) Ledgers
b) Journal
c) Trial balance
d) None of these
Q89: when once the transactions are recorded in the journal, than posting is made to
..
a) Ledgers
b) Journal
c) Trial balance
d) All of these
Q90: Purchase book is also called ..
a) Sales journal
b) Purchases return book
d) All of these
Q91: For prompt payment .. Is allowed
a) Cash discount
b) Trade discount
c) Purchases Journal
c) Discounting
c) Purchases a/c
d) All of these
d) None of these
b) All of these
d) None of these
Q96: Cash book containing cash and bank columns is known as . Columns cash
book
a) 2
b) 1
c) 3
d) None of these
Q97: In cash book discount column on Dr. Side represents .
a) Discount received
b) Discount allowed
c) Both
d) None of these
d) All of these
,
Answer (Unit-4)
79) a
86) a
93) b
80) b
87) b
94) a
81) a
88) b
95) b
82) b
89) a
96) a
83) c
90) c
97) b
84) a
91) a
98) c
85) b
92) b
99) b
Unit-5
Trial Balance
Q100: Is a statement containing the various ledgers a/c balances?
a) Trial balance
b) Ledgers
c) A/cs
d) All of these
Q101: Say yes/no
Is a trial balance a part of books of account
Q102: . Is drawn as a separate statement and this becomes the source document
for preparing financial statement
a) Journal
b) Ledgers
c) Trial balance
d) All of these
Q103: in .. Method of trial balance, the total balance, the totals of debits and credits
of every account are shown
a) Total
b) Balancing
c) WDV
d) Straight line
Q104: If the debit side is greater than the credit side the difference is termed as
a) Credit balance
b) Debit balance
c) Both of these
d) None of these
d) None of these
Q109: When the balance of one account is transferred to another account than ..
Entry is made
a) Adjusting
b) Transferring
c) Compound
d) Closing
Q110: A .. Entry is made when two or more accounts are involved in a transaction
a) Compound
b) Journal
c) Ledger
d) compensatory
Q111: Paid Rs 980 to bharat in full settlement of his a/c of rs 1000
A) What is journal entry
a) Cash a/c Dr
b) Bharat a/c Dr
To Bharat a/c
To Discount received a/c
To Cash a/c
b) Bharat A/c Dr
d) None of these
To Cash a/c
B) State which entry is this transaction involved
a) Compound Entry
b) Adjusting entry
d) Opening entry
c) Closing entry
Q112: The errors may be committed at various stages than choose which one is the stage
A
1) Journalizing
2) Balancing
3) Casting
4) Posting
a) 1, 2
b) 1, 3, 4
c) 1, 4, 2
d) All of these
B
From the above question, rearrange the various stages when errors can commit according
to the trail
a) 1, 4, 3, 2
b) 2, 3, 4, 1
c) 3, 1, 2, 4
d) 4, 3, 2, 1
Q113: The total amount of difference in the trial balance is transferred to a
a) Difference a/c
b) Suspense a/c
c) Ledger a/c
d) All of these
Q114: Which of the following errors are not disclosed by trial balance except .
a) Error of omission
b) Error of commission
c) Compensating errors
d) Posting a wrong amount
Answer (Unit-5)
100) a
101) No
107) c
108) a
112) (A) d (B) a
102) c
109) b
113) b
103) a
110) a
114) d
104) b
111) (A) c
105) c
(B) a
106) a
Unit-6
Final Accounts
Q115: The balance sheet of company should be presented in accordance with Part 1 of
of companies act
a) Schedule 4
b) Schedule 6
c) Schedule 5
d) None of these
Q116: .. A/c shows the results of business operations during the given period
a) Journal
b) Trading a/c
c) P & L a/c
d) Balance sheet
Q117: What is the full form of GAAP?
a) Generally Accepted Accounting Principles
b) Generally Accounting Accepted Principles
c) Generally Accounts Accepted Principles
d) None of these
Q118: The extent to which the amount belongs to the current year but payable in the
current year is called ..
a) Prepaid expenses
b) Outstanding income
c) O/s expense
d) None of these
Q119: Prepaid expenses form an ..
a) Asset
b) Liability
c) Equity
Q120: Accrued income is also called as
d) All of these
a) O/s expense
d) All of these
b) Prepaid expenses
c) Outstanding income
d) Expense
Q123: Depreciation a/c should be . And the concerned asset a/c should be
a) Dr, Cr
b) Cr, Dr
c) Dr, Dr
d) Cr, Cr
Q124: . Method of depreciation is most popular
a) Simple
b) Reducing
c) Both a & b
d) None of these
4) Finished goods
d) Asset
c) Revenue
d) All of these
d) All of these
Q135: Any capital receipts or capital payments are not considered while preparing P & L
a/c. True/ False
Q136: . Is that part of equity and preference share capital which has been actually
issued by company for cash?
a) Issued capital
b) Subscribed capital
c) Share capital
d) All of these
Q137: The companies act ..
a) 1957
b) 1856
c) 1956
d) 1857
Answer (Unit-6)
115) b
120) c
126) c
132) d
116) c
121) a
127) a
133) a
117) a
122) c
128) b
134) c
118) c
123) a
129) a
135) True
119) a
124) b
130) True
136) a
125) a
131) b
137) c
Unit-7
Introduction To Management Accounting
Q138: The origins of modern management accounting can be traced to
a) 18th Century
b) 19th Century
c) 17th century
d) None of these
Q139: A good management accounting system may not guarantee competitive success if
the firm does not have good ..
1) Efficient operating process
2) Effective market
3) Sales activities
4) Products
a) 1, 2
b) 3, 4
c) 4, 1
d) All o f these
Q140: . Is the presentation of accounting information in such a way as to assist
management in the creation of policy and in the day to day operations of an undertaking?
a) Managerial accounting
b) Management accounting
c) Accountancy
d) All of these
Q141: Firms use . To make important product features and product mix decisions
a) Cost information
d) None of these
b) Accounts information
c) Both
Q142: The accounting people are expected to do things that are much more .
a) Strategic
b) Forward looking
c) Both a & b
d) None of these
Q143: Management accounting framework must concentrated on .
1) getting rid of routine work
2) Reporting actual and planned performance
3) Fixing organizational responsibilities
a) 1, 2
b) 2 only
c) 2 & 3
d) All of these
Q144: Management accounting functions said to include ..
1) Collecting
2) Processing
3) Interpreting
4) Presenting
a) 1, 2
b) 2, 3
c) 3, 4
d) All of these
Q145: .. Increases the efficiency of an organization
a) Coordination
b) Controlling
c) Planning
d) All of these
d) None of these
c) Balance sheet
Q153: The real power of the balance score card is when it is transferred from a
measurement system to a management system. Yes or No
Q154: What is the full form of CVBU?
a) Central vehicles business unit
b) Commercial vehicles business unit
c) Commercial van business unit
d) None of these
e)
Q155: . Is the one of worlds top truck manufacturers?
a) CVBU
b) CUBU
c) ICAII
d) None of these
Q156: Within 2 years of implementation, CVBU has begun to show improvement of
.. Growth in India
a) 50%
b) 40%
c) 30%
d) 20%
Q157: The scorecard incorporates..
a) CVBU
b) CQDCM
c) VMCDR
d) Both b & c
VMCDR
Value, Margin, Cost, Delivery, Rate
Volume, market share, Customer satisfaction, Dealer Satisfaction and Receivables
None of these
Only a
d) All of these
d) All of these
c) Management accounting
c) Management data
d) All of these
Answer (Unit-7)
138) b
144) d
150) b
156) b
161) c
139) d
145) a
151) a
157) d
162) a
140) b
146) b
152) b
158) (A) a
141) a
147) a
153) yes
(B) b
142) c
148) b
154) b
159) c
143) d
149) a
155) a
160) a
Unit-8
Financial Statement Analysis
Q163: is separation or breaking up of anything into its elements or component
parts?
a) Ratio analysis
b) Financial analysis
c) Management analysis
d) All of these
Q164: Comparing the ratios to industry averages to show how the company compares to
firms of the same size in its industry. This process is known as
a) Trend analysis
b) Cross sectional analysis
c) Both a & b
d) None of these
Q165: Which of the following are types of ratios?
1) Liquidity
2) Integrated
3) Solvency
4) Super quick ratio
5) Current ratio
a) 1, 4, 5
b) 2, 3, 5
c) 1, 2, 3
d) All of these
Q166: Match the following
A) Current ratio
B) Quick ratio
C) Super quick ratio
\Q167: For public utility companies such as BSNL, MTNL current ratio is usually very
low as they required fewer current assets. True/False
Q168: Acid test ratio is also known as ..
1) Current ratio
2) Liquid ratio
3) Quick ratio
a) 1, 2
b) 2 only
c) 3 only
d) 2 & 3
Q169: Given
Current ratio is 2.5 and working capital is 1, 80,000
A) Calculate Current assets
a) Rs 2, 00,000
b) RS 1, 20.000
c) Rs 3, 00,000
d) 1, 00,000
d) None of these
c) Rs 1, 80,000
Q170: Given
Current ratio 1.5:1; Quick ratio1:1; and current liabilities Rs 50,000. Calculate
A) Current Assets
a) 55,000
b) 75,000
c) 50,000
d) 25,000
B) Quick Assets
a) 50,000
b) 75,000
c) 25,000
d) 55,000
C) Inventory
a) 50,000
c) 25,000
d) 55,000
b) 75,000
d) Expensive
d) None of these
1) Interest coverage
4) Total coverage
a) 1, 2
b) 3 only
2) Dividend coverage
c) 1, 2, 4
3) Debt-equity ratio
d) All of these
D) Ratio of COGS
b) 11.2%
c) 20,000
d) 8, 00,000
c) 11.2%
d) None of these
c) 10.2%
d) 12.2%
Q178: Total sales of a firm Rs 5, 00,000 of which the credit sales are Rs 3, 65,000;
Sundry debtors and Bills receivable are Rs 50,000 and 2,000 respectively. From the
above information Calculate
A) Debtors Turnover Ratio
a) 6.02%
b) 11.2%
c) 7.02%
d) None of these
B) Debtors Velocity
a) 52 days
b) 20 days
c) 25 days
d) 35 days
c) 3.42
c) 200 days
d) .42
d) None of these
19, 00,000
3, 00,000
6, 00,000
4, 00,000
2, 00,000
2, 00,000
2, 00,000
c) 1.14:1
d) 1:2
Answer (Unit-8)
163) a
164) b
165) c
166) a
169 (A) c (B) b
170) (A) b (B) a
(C) c
173) c
174) a
175) b
176) c
(D) a
178) (A) c (B) a
179) (A) a (B) b
181) (A) a (B) b
182) True
183) (A) b (B) c
167) True
171) 3
177) (A) b
(C) a
168) d
172) a
(B) a
(C) c
180) b
Unit-9
Funds Flow Analysis
Q184: The term Fund refers to ..
a) Cash
b) Cash equivalent
c) Working capital
d) All of these
a) Funds
b) Flow of funds
c) Inflow of funds
d) All of these
d) All of these
Q189: . Refers to all those obligation other than current liabilities that are likely to
mature after one year period
a) Non Current liabilities b) Current liabilities
c) Current asset
d) All of these
Q190: are those expenses which could be written off during the period of their
incidence
a) Current asset
b) Fictitious asset
c) Current liabilities
d) None of these
Q191: when a transaction results in increase of funds it is terms as .
a) Source of fund
b) Application of fund
c) Assets
d) Liabilities
Q192: Provision for taxation can be treated as
a) Current liability
b) Non current liability
c) Current asset
d) Both a & b
Q193: Which of the following are the items that are to be deducted from net profit?
1) Dividend received
2) Retransfer of excess provisions
3) Non trading charges
4) Appreciation in fixed assets
a) 1, 2
b) 1, 4
c) 1, 2, 4
d) All of these
Answer (Unit-9)
184) d
190) b
185) a
191) a
186) b
192) d
187) c
193) c
188) b
189) a
Unit-10
Cash Flow Analysis
Q194: statement shows the item resulting in cash inflows and cash outflows
a) Fund flow statement
b) Cash flow statement
c) Balance sheet
d) All of these
Q195: Cash flow statement is also known as
a) Statement accounting for variations in cash
b) Where got where gone statement
c) Both a & b
d) None of these
Q196: Cash flow statement is further divided into ..
a) Cash flow from operating activities
b) Cash flow from investing activities
c) Cash flow from financing activities
d) All of these
Q197: .. Is the principal revenue producing activities of the enterprise?
a) Operating activities
b) Investing activities
c) Financing activities
d) All of these
Q198: is based on ledger principles
a) Cash flow statement
b) Fund flow statement
d) All of these
c) Balance sheet
c) Balance sheet
195) c
201) a
Answer (Unit-10)
196) d
197) a
198) b
199) a
Unit-11
Understanding Cost
Q202: . Is the process of determining the cost of doing something?
a) CFS
b) FFS
c) Costing
d) All of these
Q203: Costing includes Of ascertaining cost
a) Technique
b) Processes
c) Accounting
d) Both a & b
c) Deferred cost
d) All of these
Q206: Costing refers to the technique and processes of determining costs of product
.. Rendered
a) Manufactured
b) Service
c) Alignment
d) Both a & b
Q207: The method of costing depends on the nature of
1) Product
2) Production method
3) Specific business condition
4) Service
a) 1, 2
b) 1, 2, 3
c) 2, 4
d) All of these
Q208: In service industry . Technique is used
a) Job costing
b) Batch costing
c) Process costing
d) Contract costing
Q209) is used in business concerns where production is carried out as per specific
order or customer specification
a) Job costing
b) Batch costing
c) Contract costing
d) All of these
Q210: Which of following are types of job costing?
1) Batch costing
2) Unit costing
3) Contract costing
a) 1, 2
b) 1, 2, 3
c) 1, 3, 4
d) All of these
Q211: Match the column
A) Unit costing
B) Operating costing
C) Operation costing
D) Composite costing
a) A-2, B-3, C-4, D-1
c) A-3, B-2, C-1, D-4
4) Composite costing
d) All of these
d) Indirect material
1) Standby cost
2) Capacity cost
3) Period cost
4) All of these
4) Managed cost
d) Opportunity cost
Q220: cost is also refers to minimum fixed cost which is incurred in the event of
closure
a) Shut down cost
b) Imputed cost
c) Relevant cost
d) Period cost
Q221: . Is cost that has already been incurred?
a) Relevant cost
b) Sunk cost
c) Period cost
d) Mixed cost
Q222: . Is the benefit cost by rejecting the best competing alternative to the one
chosen?
a) Shut down cost
b) Mixed cost
c) Opportunity cost
d) Product cost
Q223: Which of the following are cost which are grouped into direct or indirect?
1) Prime cost
2) Labour overheads
3) Factory cost
4) Office cost
a) 1, 3, 4
b) 1, 2
c) 1, 4
d) All of these
Q224: By adding selling & distribution expenses to cost of production one can get
..
a) Prime cost
b) Factory cost
c) Total cost
d) Office cost
Q225: Cost sheet is a statement prepared to show the different components of the
a) Total cost
b) Prime cost
c) Factory cost
d) All of these
Q226: From the following:
Direct materials Rs 2, 00,000, Factory expenses Rs 1, 20,000, Office expenses Rs 90,000,
Total sales Rs 6, 50,000, Prime cost Rs 4, 10,000, 10% of output is in stock
A) Calculate Prime cost
a) 4, 10,000
b) 1, 20,000
c) 6, 50,000
d) 2, 00,000
a) 4, 10,000
B)
Calculate cost of production
b) 6, 50,000
c) 6, 20,000
a) 6, 20,000
d) None of these
D)
a) Profit Rs 92,000
d) Loss Rs 62,000
Q227: Given
Opening stock of raw materials Rs 10,000, Closing stock of raw materials Rs 15,000
Expenses on purchases Rs 5000, Direct wages Rs 50,000, Prime cost Rs 1, 00,000
From this information Calculate cost of raw material purchased
a) 50,000
b) 20,000
c) 40,000
d) None of these
Answer (Unit-11)
202) c
203) d
208) c
209) a
214) a
215) b
220) a
221) b
226) (A) a (B) c (C) c
204) b
210) b
216) 4
222) c
(D) a
205) b
211) a
217)c
223) a
227a
206) d
212) b
218) b
224) c
207) b
213) c
219) c
225) a
Unit-12
Marginal Costing and Break Even Analysis
Q228: . Analysis show the relationship among unit sales price, variable cost, sales
volume, sales mix and fixed cost
a) Marginal cost
b) Cost volume profit
c) Volume output
d) None of these
Q229: Marginal costing is also known as ..
a) Marginal costing
b) B.E.P. analysis
c) b only
d) None of these
c) Variable costing
d) All of these
c) Both a & b
BEP
b) Break Even Profit
d) a only
b) 95000
c) 305000
d) 80000
Q243: Find the fixed cost. If sales are 2, 00,000, Variable cost Rs 40,000 and profit Rs
30,000
a) 2, 50,000
b) 1, 50,000
c) 1, 30,000
d) None of these
Q244: If the marginal cost is 24,000 and sales is 60,000 than calculate:
A) MCSR
a) 50%
b) 60%
c) 40%
d) 20%
B) Contribution
a) 26,000
b) 16,000
c) 36,000
d) None of these
Period 1
20,000
2,000
b) 20%
Period 2
30,000
4,000
c) 10%
d) 15%
Q246: Calculate the sales if marginal cost is 24,000 & MCSR is 20%
a) Rs 3,000
b) Rs 2,000
c) Rs 1000
d) Rs 5,000
Q247: Given
Sales
50,000 units per annum
Selling price Rs 6 per unit
Prime cost Rs 6 per unit
Variable overheads Rs 1 per unit
Fixed cost
Rs 75,000 per annum
From the above calculate
C) BEP
a) Rs 2, 25,000
b) Rs 1, 25,000
B) MOS
a) Rs 25,000
b) Rs 75,000
c) Rs 1, 00,000
c) Rs 35,000
d) Rs 50,000
d) Rs 65,000
229) a
235) b
240) a
(B) c
Answer (Unit-12)
230) c
231) c
236) b
237) c
241) (A) b (B) b
245) b
246) a
232) a
233) b
238) (A) a (B) b
242) a
243) c
247) (A) a (B) b
Unit-13
Decision Involving Alternative Choices
d) None of these
d) None of these
c) Sunk costs
Q254: When a company with unused production capacity consider the alternatives than
. Decisions arise?
a) Alternative choice decision
b) Make or buy decision
c) All of these
d) a only
NOTE: Try all illustrations and problems
248) a
254) b
249) b
Answer (Unit-13)
250) a
251) b
252) c
253) a
Unit-14
Budgetary Control
Q255: Budgeting requires a deeper understanding of the .. Of environment in which
the business concern operates
a) Decision making
b) Economic system
c) Economic services
d) None of these
c) Forward
d) All of these
c) Budget committee
d) None of these
d) None of these
d) None of these
256) True
262) a
257) c
263) b
258) a
259) b
260) a
Unit-15
Standard costing
Q264: .. Is a very important system of cost control?
a) Standard costing
b) Marginal costing
c) a only
Q265: Standard costing is focused on the method of
d) All of these
a) Marginal costing
b) Cost control
c) Financial control
d) None of these
d) a & b
c) Subsidiary book
d) None of these
d) None of these
Q269: .. Are the aggregate of indirect materials, indirect labor and indirect
expense?
a) Labor
b) Overhead
c) Allowance
d) All of these
Q270: . Means the deviation of the actual from the standard
a) Budgeting
b) Labor
c) Costing
d) Variance
Q271: variances arises when the rate of output is known
a) Material yield
b) Material price
c) Labor yield
d) Labor price
265) c
271) a
Answer (Unit-15)
266) d
267) a
268) a
269) b