Which of the following statement is/are true?1. Job analysis is the process of getting information about job.2. Job analysis indicates the specific duties to be performed by the worker and the circumstance under which these duties are to be performed3. A job description is a written record of the duties, responsibilities and conditions of the job.4. The objective of job evaluation is to price the job rather than the man.5. The objective of cost management is a product design.

Which of the following statement is/are true? 1. Job analysis is the process of getting information about job. 2. Job analysis indicates the specific duties to be performed by the worker and the circumstance under which these duties are to be performed 3. A job description is a written record of the duties, responsibilities and conditions of the job. 4. The objective of job evaluation is to price the job rather than the man. 5. The objective of cost management is a product design.

Which of the following statements is most relevant in the context of Job Analysis? Choose the correct answer from the code given below. (i) Job Analysis helps in identifying the right person for the right job. (ii) A person cannot judge the job from the point of view of its suitability. (iii) Job analysis helps in job satisfaction and job efficiency. (iv) Through Job Analysis an employer cannot evaluate the prospective employee to judge his fitness or otherwise for the job. (v) Job Analysis helps in planning appropriate training programs. (vi) Job Analysis defines client needs in specific terms. (vii) Job Analysis assists in knowing the personnel specifications for various jobs.

A

(i), (ii), (iii) and (iv)

B

(i), (iv), (v) and (vi)

C

(i), (iii), (vi) and (vii)

D

(ii), (iii), (v) and (vi)

Two stores A and B bought the same product from the company at the same price. Store A marked the price of the product 50% above its cost price and offered two successive discounts of 15% and 10% on the marked price of the product, while store B marked the price of the product 60% above its cost price and offered two successive discounts of 15% and 12% on the marked price of the product. If a customer buys the product from store B, he has to pay Rs. 986 more than that at store A. At what price the two stores bought the product from the company?

A

Rs. 15000

B

Rs. 20000

C

Rs. 25000

D

Rs. 30000

E

Rs. 35000

The propositions are
1. Delay and dispatch of FIR (First Information Report) is not the circumstance which can throw out prosecution case in its entirety.
2. Delay and despatch of FIR (First Information Report) is a circumstance which can throw out the prosecution case in its entirety.
3. The extraordinary delay in sending the FIR (First Information Report) is a circumstance which provides a legitimate basis for suspecting that the FIR (First Information Report) was recorded much later than the stated date and hour, affording sufficient time to the prosecution to introduce improvement,
Which of the following is correct in respect of the aforesaid preposition?

A

1 is true, 2 and 3 are false

B

1 and 3 are true but 2 is false

C

2 and 3 are true but 1 is false

D

3 is true, 1 and 2 are false

The propositions are:
1. Delay in despatch of the First information Report (FIR) is not a circumstance which can throw out the prosecution case in its entirety.
2. Delay in despatch of the First information Report (FIR) is a circumstance which can throw out the prosecution case in its entirety.
3. The extra-ordinary delay in sending the First information Report (FIR) is a circumstance which provides a legitimate basis for suspecting that the First information Report (FIR) was recorded much later than the stated date and hour, affording sufficient time to the prosecution to introduce improvements.
Which of the following is correct in respect of the aforesaid proposition

A

1 is true, 2 and 3 are false

B

1 and 3 are true, 2 is false

C

2 and 3 are true, 1 is false

D

3 is true, 1 and 2 are false

Match List I with List II: List I (Pricing Strategies) List II (Description) (A) Ramsay pricing (I) Setting a high price when a product is first introduced and gradually lowering price as it gains scale (B) Price skimming (II) Firm charges lower price (than the ongoing price) to gain market entry (C) Cost plus pricing (III) Price deviations from marginal cost should be inversely proportional to price elasticity of the product (D) Penetration pricing (IV) It is full cost pricing strategy that also includes mark up for target return, degree of competition, price elasticity and availability of substitutes. Choose the correct answer from the options given below:

A

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

B

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

C

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

D

(A) - (I), (B) - (IV), (C) - (II), (D) - (III)

Which of the following statements are true?
1. HRP facilitates international expansion strategies.
2. Job analysis helps in understanding duties and responsibilities of a job by drawing attention to a unit of work and its linkage with other units of work.
3. Job description is developed from job specification.
4. Job description describes the knowledge, skills and education experience which is essential to perform a job.

A

Only 4

B

Only 2

C

Both 1 and 2

D

Both 2 and 4

The conditions regarding selection from a list of suitable candidates to be called for interview after a written examination for appointment of management-level persons to a multi-national company providing accounting services and sales are mentioned below. Candidates: a) Must have a Bachelor's degree in Basic Science with 65% or more marks or BE with 55% or more marks. b) Must have passed the examination with 70% or more marks. c) Age must be between 25 to 30 years as of 1/4/18. d) Must have 3 years of experience in an Accounting Institution and must have a Diploma in Accounting with 60% or more marks. e) Must be currently getting CTC of Rs. 6 lakh or more per annum. If the candidate: 1) If he fulfills all the other conditions other than A above, he will be designated as Junior Accountant. 2) If he fulfills all the other conditions other than (d) and (e) above, he can be designated as Trainee-Accountant. If he fulfills all the above conditions including 5 years of experience, he can be designated as a Senior Accountant. He can be designated as Manager (Accounts) if he fulfills all the above criteria including educational qualifications of CA/ ICWA/ MBA (Finance). Study all the above information and answer the following question. Varun has passed the CA exam and has a bachelor's degree in basic science and a diploma in accountancy, having scored 75% or more in the written examination during his entire career and also in the written examination. His age is 27 years and with 4 years of experience in Accountancy, he has a CTC salary of 18 lakhs per annum. To which of the following positions can he be referred? Select from the given options.

A

Manager (Accounts)

B

Trainee-Accountant

C

Junior Accountant

D

Senior-Accountant

In the following question, two statements are numbered as A and B. On solving these statements we get quantities A and B respectively. Solve for the both quantities and choose the correct option. Quantity A: A shopkeeper marks the price of his product 20% above its cost price and sells it at a discount of 10%. If he earns a profit of Rs. 120, what is the cost price of the product? Quantity B: A product is successively sold twice earning a profit of 10% and 20% respectively. If the original cost price of the product is Rs. 1050, what is the final selling price of the product?

A

Quantity A > Quantity B

B

Quantity A < Quantity B

C

Quantity A ≥ Quantity B

D

Quantity A ≤ Quantity B

E

Quantity A = Quantity B

The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions. A person can purchase 3 articles in Rs. 50. What is the price of the costliest article? Statement I. The cost price of the two articles each is Rs. 2 less than the cost price of the costliest article. Statement II. The cost price of two articles out of 3 is the same. Statement III. The cost price of the costliest article is 12.5% more than the cost price of the cheapest article.

A

Either statement I and II together or Statement II and III together is sufficient to answer the question.

B

The data in statement I alone or statements II and III together is sufficient to answer the question.

C

The data in statement I and II together are sufficient to answer the question.

D

The data in all the statements I, II, and III are not sufficient to answer the question.

E

The data in all statements I, II, and III together are necessary to answer the question.

Match the following two lists in which List I highlights the description of the Purpose Related to Specific Guidance Service and List II indicates Types of Guidance Service. Choose the correct answer using the code given below. List I List II (a) Determines the pace of progress of former pupils on the basis of their contextual placement (i) Follow-up Service (b) Description of aspects related to a particular job for matching the individuals with the job characteristics (ii) Placement Service (c) Liking of a particular job by a person which is visible through gestures etc. while going to the work place (iii) Job Analysis (d) Aims at providing assistance to students in deciding educational and vocational stream (iv) Job Satisfaction (v) Counselling (vi) Occupational Information Service

A

(a) - (i), (b) - (iii), (c) - (iv), (d) - (ii)

B

(a) - (iii), (b) - (iii), (c) - (iv), (d) - (v)

C

(a) - (v), (b) - (iv), (c) - (vi), (d) - (ii)

D

(a) - (v), (b) - (iv), (c) - (i), (d) - (ii)

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