Pick up the correct statement from the following: (A) The estimated value of the work excluding the amount for contingencies, work charged establishment, tool and plants, is called work value (B) The actual expenditure involved to complete a work including incidental, establishment and travelling charges, is called actual cost (C) The formal acceptance by the administrative department for incurring an expenditure on the work, is called administrative approval (D) All the above

Pick up the correct statement from the following:
(A) The estimated value of the work excluding the amount for contingencies, work charged
establishment, tool and plants, is called work value
(B) The actual expenditure involved to complete a work including incidental, establishment and
travelling charges, is called actual cost
(C) The formal acceptance by the administrative department for incurring an expenditure on the
work, is called administrative approval
(D) All the above
by

1 Answer

Answer :

(D) All the above
by

Related questions

Pick up the correct statement from the following: (A) The incidental expenses of a miscellaneous character which could not be predicted during preparation of the estimate, is called contingencies (B) Additional supervising staff engaged at work site, is called work charged establishment (C) Detailed specifications specify qualities, quantities and the proportions of materials to be used for a particular item (D) All the above

Description : Pick up the correct statement from the following: (A) The incidental expenses of a miscellaneous character which could not be predicted during preparation of the estimate, is called contingencies (B) ... and the proportions of materials to be used for a particular item (D) All the above

Last Answer : (D) All the above

Mark the correct option a) The camp bag booked as parcel will be sent by surface route and will be charged with the postage payable on a parcel weighting 10 Kg plus registration fee and incidental charges . b) The camp bag booked as letter mail will not be charge with any additional postage other than Registration fee. c) The camp bag is due to be collected on any day including Sunday & Holiday. d) All of these

Description : Mark the correct option a) The camp bag booked as parcel will be sent by surface route and will be charged with the postage payable on a parcel weighting 10 Kg plus registration fee and incidental charges ... camp bag is due to be collected on any day including Sunday & Holiday. d) All of these

Last Answer : b) The camp bag booked as letter mail will not be charge with any additional postage other than Registration fee

The outputs of the Close Project process include all of the following except for which one? A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Description : The outputs of the Close Project process include all of the following except for which one?  A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Last Answer : C. Lessons learned

___ should be made of all cost factors so as to reflect on all relevant investment and operational costs of the project including contingencies.

Description : ___ should be made of all cost factors so as to reflect on all relevant investment and  operational costs of the project including contingencies.

Last Answer : Ans. Realistic estimates

.Which of the following fee arrangements is in violation of the Code of Professional Conduct? a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan. b. A fee based on the outcome of a bankruptcy proceeding. c. A fee based on the nature of the service rendered and the CPA's particulaexpertise instead of the actual time spent on the engagement. d. A fee based on the fee charged by the prior auditor.r

Description : .Which of the following fee arrangements is in violation of the Code of Professional Conduct? a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a ... actual time spent on the engagement. d. A fee based on the fee charged by the prior auditor.

Last Answer : A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan

Pick up the correct statement from the following: (A) The cost of square rooms is less (B) The expenditure on the foundation and roof for the double storeyed building is nearly half of that for the ground storeyed building (C) The cost of construction of a house may be minimised by restricting the height floors (D) All the above

Description : Pick up the correct statement from the following: (A) The cost of square rooms is less (B) The expenditure on the foundation and roof for the double storeyed building is nearly half of that ... cost of construction of a house may be minimised by restricting the height floors (D) All the above

Last Answer : Answer: Option D

Pick up the correct statement from the following: (A) Indian space effort started in 1962 with the establishment of a rocket (B) Development of space (DOS) was established by the Government of India in 1972 (C) Indian Space Research Organisation (ISRO) is responsible for the space technology and its application to various activities (D) All of these

Description : Pick up the correct statement from the following: (A) Indian space effort started in 1962 with the establishment of a rocket (B) Development of space (DOS) was established by the Government of ... is responsible for the space technology and its application to various activities (D) All of these

Last Answer : Answer: Option D

Which of the following represents the estimated value of the work actually accomplished? A. Earned value (EV) B. Planned value (PV) C. Actual cost (AC D. Cost variance (CV)

Description : Which of the following represents the estimated value of the work actually  accomplished?  A. Earned value (EV)  B. Planned value (PV)  C. Actual cost (AC  D. Cost variance (CV)

Last Answer : A. Earned value (EV)

Which of the following relationship is not correct is case of a chemical process plant? (A) Manufacturing cost = direct product cost + fixed charges + plant overhead costs (B) General expenses = administrative expenses + distribution & marketing expenses (C) Total product cost = manufacturing cost + general expenses (D) Total product cost = direct production cost + plant overhead cost

Description : Which of the following relationship is not correct is case of a chemical process plant? (A) Manufacturing cost = direct product cost + fixed charges + plant overhead costs (B) General ... manufacturing cost + general expenses (D) Total product cost = direct production cost + plant overhead cost

Last Answer : (D) Total product cost = direct production cost + plant overhead cost

Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining after deducting all costs excluding taxes (C) The ratio of immediately available cash to the total current liabilities is known as the cash ratio (D) Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit over the time interval

Description : Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining ... indicates surplus capital and shows the relationship among total income, costs & profit over the time interval

Last Answer : (C) Working capital turnover ratio = sales/net working capital

Pick up the correct statement from the following: (A) A harbour without any port complex, is called a refuge harbour (B) A harbour used for fishery, is called fishery harbour (C) The terminal building of a commercial harbour consists of an administrative block, customs clearance and ware-houses (D) All the above

Description : Pick up the correct statement from the following: (A) A harbour without any port complex, is called a refuge harbour (B) A harbour used for fishery, is called fishery harbour (C) The ... commercial harbour consists of an administrative block, customs clearance and ware-houses (D) All the above

Last Answer : (D) All the above

A contractor wishes to determine a suitable combination of manual labour and machine work for the excavation of a multistory construction. For every cum of excavation, 3 man-hours are needed; or 0.2 machine-hour. Costs involved are Rs. 20 per man-hour and Rs. 500 per machine-hour. The total quantity of excavation is estimated to be 4,000 cum. The optimal quantity of excavation to be done manually for minimum total cost will be (a) 1500 cum (b) 1800 cum (c) 2250 cum (d) 2500 cum

Description : A contractor wishes to determine a suitable combination of manual labour and machine work for the excavation of a multistory construction. For every cum of excavation, 3 man-hours are needed; or 0.2 machine-hour. Costs ... total cost will be (a) 1500 cum (b) 1800 cum (c) 2250 cum (d) 2500 cum

Last Answer : (d) 2500 cum

A value return in form Est 5 or Est 6(a) as the case may be should be submitted with every proposal a) In connection with experimental post offices b) For increasing the establishment charges of a branch office c) For converting a branch office into sub office d) For closing an office on the ground of its being unremunerative. e) All the above

Description : A value return in form Est 5 or Est 6(a) as the case may be should be submitted with every proposal a) In connection with experimental post offices b) For increasing the establishment charges of a ... sub office d) For closing an office on the ground of its being unremunerative. e) All the above

Last Answer : e) All the above

With reference to execution of work explain the following: i) Administrative approval ii) Technical sanctions

Description : With reference to execution of work explain the following: i) Administrative approval ii) Technical sanctions 

Last Answer : Administrative approval:  When any government department requires executing a project like network addition or extension work or installation of new project. It requires necessary administrative approval ... designated by government. The sanction given by authority is called technical sanction

In agricultural sector net value added is estimated by A. Income method B. Expenditure method C. Production method D. All the three

Description : In agricultural sector net value added is estimated by A. Income method B. Expenditure method C. Production method D. All the three

Last Answer : C. Production method

In agricultural sector net value added is estimated by (a) Income method ; (b) Expenditure method ; (c) Production method ; (d) All the three

Description : In agricultural sector net value added is estimated by (a) Income method ; (b) Expenditure method ; (c) Production method ; (d) All the three

Last Answer : ; (c) Production method ;

A _________ occurs when a government's total expenditure exceed the revenue that it generates, excluding money from borrowings.

Description : A _________ occurs when a government's total expenditure exceed the revenue that it generates, excluding money from borrowings.

Last Answer : Fiscal deficit

Which of the following is not a fixed cost? (1) Salaries of administrative staff (2) Rent of factory building (3) Property taxes (4) Electricity charges

Description : Which of the following is not a fixed cost? (1) Salaries of administrative staff (2) Rent of factory building (3) Property taxes (4) Electricity charges

Last Answer : (1) Salaries of administrative staff Explanation: Fixed costs arc business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time- ... and are often referred to as overhead costs. The salaries of administrative staff are variable costs.

Manufacturing cost in a chemical company does not include the (A) Fixed charges (B) Plant overheads (C) Direct products cost (D) Administrative expenses

Description : Manufacturing cost in a chemical company does not include the (A) Fixed charges (B) Plant overheads (C) Direct products cost (D) Administrative expenses

Last Answer : (D) Administrative expenses

Factory manufacturing cost is the sum of the direct production cost (A) Fixed charges and plant overhead cost (B) And plant overhead cost (C) Plant overhead cost and administrative expenses (D) None of these

Description : Factory manufacturing cost is the sum of the direct production cost (A) Fixed charges and plant overhead cost (B) And plant overhead cost (C) Plant overhead cost and administrative expenses (D) None of these

Last Answer : (A) Fixed charges and plant overhead cost

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share

Which one of the following Committes Report recommended the establishment of the Institutions of Lokpal and Lokayukta? (1) First Administrative Reforms Committee (2) Gorwala Report (3) Ashok Mehta Commitee (4) The Appleby Reports

Description : Which one of the following Committes Report recommended the establishment of the Institutions of Lokpal and Lokayukta? (1) First Administrative Reforms Committee (2) Gorwala Report (3) Ashok Mehta Commitee (4) The Appleby Reports

Last Answer : (1) First Administrative Reforms Committee Explanation: The 1st Administrative Reforms Commission of India (1966-1970), headed by Morarji Desai, recommended the setting up of Lokpal' ... of Ombudsman in Scandinavian countries and the parliamentary commissioner for investigation in New Zealand.

How can I get a new septic tank system for my house without experiencing or incurring a lot of cost?

Description : How can I get a new septic tank system for my house without experiencing or incurring a lot of cost?

Last Answer : Septics tanks also vary in prices depending on how much the company charges for labor and also the septic tanks. Call around to different companies that service your area and go with the cheapest one you can find.

. A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs36,300. What is the labour cost per hour( to the nearest cent)? (a) Rs 8.25 (b) Rs 8.80 (c) Rs 11.00 (d) Rs 14.67

Description : . A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour  cost budgeted for the job is Rs36,300. What is the labour cost per hour( to the nearest cent)? (a) Rs 8.25 (b) Rs 8.80 (c) Rs 11.00 (d) Rs 14.67

Last Answer : (a) Rs 8.25

Special Contingencies can be incurred without the previous sanction of Superior authority The above said statement is -a. True b false

Description : Special Contingencies can be incurred without the previous sanction of Superior authority The above said statement is -a. True b false

Last Answer : b false

Excluding stoppages, the speed of a bus is 54 kmph and including stoppages, it is 45 kmph. For how many minutes does the bus stop per hour? A.10 min B.12 min C.18 min D.15 min E.None of these

Description : Excluding stoppages, the speed of a bus is 54 kmph and including stoppages, it is 45 kmph. For how many minutes does the bus stop per hour? A.10 min B.12 min C.18 min D.15 min E.None of these

Last Answer : Answer – A (10 min) Explanation – Due to stoppages, it covers 9 km less.Time taken to cover 9 km = (9/54 x 60) min = 10 min

Excluding stoppages, the speed of the bus is 54km/hr and including stoppages it is 45km/hr. For how many minutes does the bus stop per hour? a)11 minutes b)12minutes c)10minutes d) 13minutes

Description : Excluding stoppages, the speed of the bus is 54km/hr and including stoppages it is 45km/hr. For how many minutes does the bus stop per hour? a)11 minutes b)12minutes c)10minutes d) 13minutes

Last Answer : c)10minutes

The Indian Contract Act, applies to the: (a) Whole of India excluding Jammu & Kashmir (b) Whole of India including Jammu & Kashmir (c) States notified by the Central Government from time to time (d) None of the above.

Description : The Indian Contract Act, applies to the: (a) Whole of India excluding Jammu & Kashmir (b) Whole of India including Jammu & Kashmir (c) States notified by the Central Government from time to time (d) None of the above.

Last Answer : (b) Whole of India including Jammu & Kashmir

The nursing break applicable to a mother who has returned to her duties after availing maternity leave until the child attains 15 months of age, is a) one break during the working hours including the regular interval/ rest period b) one break during the working hours excluding the regular interval/ rest period c) two breaks during the working hours including the regular interval/ rest period d) two breaks during the working hours excluding the regular interval/ rest period

Description : The nursing break applicable to a mother who has returned to her duties after availing maternity leave until the child attains 15 months of age, is a) one break during the working hours ... interval/ rest period d) two breaks during the working hours excluding the regular interval/ rest period  

Last Answer : d) two breaks during the working hours excluding the regular interval/ rest period  

Who first suggested the separation of manual work from mental labour through the establishment of two department?

Description : Who first suggested the separation of manual work from mental labour through the establishment of two department?

Last Answer : Taylor

Pick up the correct statement from the following: (A) The apparent error on reversal is twice the actual error (B) The correction may be made equal to half the observed discrepancy (C) The good results may be obtained from a defective instrument by reversing and taking the mean of two erroneous results (D) All the above

Description : Pick up the correct statement from the following: (A) The apparent error on reversal is twice the actual error (B) The correction may be made equal to half the observed discrepancy (C) The ... a defective instrument by reversing and taking the mean of two erroneous results (D) All the above

Last Answer : (D) All the above

Pick up the correct statement applicable to plate load test (A) Width of the test pit for plate load test is made five times the width of the plate (B) At the centre of the test pit, a hole is dug out whose size is kept equal to the size of the test plate (C) Bottom level of the hole dug at the centre of the test pit, is kept at the level of the actual formation (D) All the above

Description : Pick up the correct statement applicable to plate load test (A) Width of the test pit for plate load test is made five times the width of the plate (B) At the centre of the test pit, a hole is dug ... at the centre of the test pit, is kept at the level of the actual formation (D) All the above

Last Answer : Answer: Option D

Pick up the correct statement from the following: (A) Index of wetness = actual rainfall in a year at a place/normal rainfall of that place (B) Normal annual rainfall is obtained by taking the mean of the annual rainfall over a period of 35 years (C) Index of wetness gives an idea of the wetness of the year (D) All the above

Description : Pick up the correct statement from the following: (A) Index of wetness = actual rainfall in a year at a place/normal rainfall of that place (B) Normal annual rainfall is obtained by taking the mean of the ... years (C) Index of wetness gives an idea of the wetness of the year (D) All the above

Last Answer : Answer: Option D

Pick up the correct statement from the following: (A) When rainfall rate exceeds the infiltration capacity, the water enters the soil at full capacity rate (B) When rainfall rate is less than the infiltration capacity, the infiltration rate is approximately equal to the rainfall rate (C) The actual infiltration rate at any time may be equal to or less than the infiltration capacity (D) All the above

Description : Pick up the correct statement from the following: (A) When rainfall rate exceeds the infiltration capacity, the water enters the soil at full capacity rate (B) When rainfall rate is less than the ... rate at any time may be equal to or less than the infiltration capacity (D) All the above

Last Answer : Answer: Option D

Pick up the correct statement from the following: (A) Absolute humidity at a given temperature is equal to weight of moisture present in a unit volume (B) Relative humidity is the ratio of actual vapour pressure and saturation vapour pressure at the same temperature (C) Relative humidity is the ratio of the weight of the vapours present per unit volume to the weight of vapours which could be contained at the same temperature when fully saturated (D) All the above

Description : Pick up the correct statement from the following: (A) Absolute humidity at a given temperature is equal to weight of moisture present in a unit volume (B) Relative humidity is the ratio of ... of vapours which could be contained at the same temperature when fully saturated (D) All the above

Last Answer : Answer: Option D

A Press Sorting Office is: (A) A RMS Office where the articles received from the various Presses and publishers are only sorted (B) A RMS office situated on the premises of a newspaper publisher (C) (B) above, plus where the articles received from the newspaper publisher is sorted and despatched and where the entire expenditure of the establishment of the office is borne by the newspaper publisher (D) A branch of a Sorting Mail Office dealing with articles from Press / Publishers and Registered newspapers

Description : A Press Sorting Office is: (A) A RMS Office where the articles received from the various Presses and publishers are only sorted (B) A RMS office situated on the premises of a newspaper ... ) A branch of a Sorting Mail Office dealing with articles from Press / Publishers and Registered newspapers

Last Answer : (C) (B) above, plus where the articles received from the newspaper publisher is sorted and despatched and where the entire expenditure of the establishment of the office is borne by the newspaper publisher

From which fund can the unanticipated expenditure be met without the prior approval of the Parliament? (1) Consolidated Fund of India (2) Contingency Fund of India (3) Vote-on-Account (4) From the Treasury

Description : From which fund can the unanticipated expenditure be met without the prior approval of the Parliament? (1) Consolidated Fund of India (2) Contingency Fund of India (3) Vote-on-Account (4) From the Treasury

Last Answer : (2) Contingency Fund of India Explanation: A contingencies fund or contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises. The Contingency Fund of India established ... Fund is subsequently obtained to ensure that the corpus of the Contingency Fund remains intact.

In India, no government expenditure can be made without approval of –

Description : In India, no government expenditure can be made without approval of –

Last Answer : Parliament

An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if the interest rate is 8% per annum and if the sinking fund factor at 8% per annum interest rate for 10 years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Description : An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if ... years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Last Answer : (A) Rs. 31050

Mark the correct option a) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies d) The risk is covered on the PLI policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

Description : Mark the correct option a) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies ... policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

Last Answer : e) All the above

First time after establishment, its MS - Word was known as: a) Multi Work Word b) Multi Tool Word c) Multi Task Word d) None of These

Description : First time after establishment, its MS - Word was known as: a) Multi Work Word b) Multi Tool Word c) Multi Task Word d) None of These

Last Answer : b) Multi Tool Word

A __________ is a retail establishment that combines supermarket and discount store shopping in one location. A)superstore B)department store C)category killer D)hypermarket E)megamarket

Description : A __________ is a retail establishment that combines supermarket and discount store shopping in one location. A)superstore B)department store C)category killer D)hypermarket E)megamarket

Last Answer : D)hypermarket

The true statement about solutions of amino acids at physiological pH is (A) All amino acids contain both positive and negative charges (B) All amino acids contain positively charged side chains (C) Some amino acids contain only positive charge (D) All amino acids contain negatively charged side chains

Description : The true statement about solutions of amino acids at physiological pH is (A) All amino acids contain both positive and negative charges (B) All amino acids contain positively charged side chains ... amino acids contain only positive charge (D) All amino acids contain negatively charged side chains

Last Answer : Answer : A

The true statement about solutions of amino acids at physiological pH is (A) All amino acids contain both positive and negative charges (B) All amino acids contain positively charged side chains (C) Some amino acids contain only positive Charge (D) All amino acids contain negatively charged side chains

Description : The true statement about solutions of amino acids at physiological pH is (A) All amino acids contain both positive and negative charges (B) All amino acids contain positively charged side chains ... amino acids contain only positive Charge (D) All amino acids contain negatively charged side chains

Last Answer : (A) All amino acids contain both positive and negative charges

Mark the correct option relating to cheque collection charges. a) Rs 30/- for a cheque up to Rs 1000/- b) Rs 3/- per thousand beyond Rs 1000/- c) No collection charges will be charged on outstation cheque of Post office saving bank drawn in post office saving bank d) All the above

Description : Mark the correct option relating to cheque collection charges. a) Rs 30/- for a cheque up to Rs 1000/- b) Rs 3/- per thousand beyond Rs 1000/- c) No collection charges will be charged on outstation cheque of Post office saving bank drawn in post office saving bank d) All the above

Last Answer : d) All the above

Division of labor, authority hierarchy, formal selection, formal rules and regulations, impersonality, and career orientation are all features of: (a) Weber's ideal type bureaucracy. ; (b) General administrative theory. (c) Fayol's principles of management. ; (d) Taylor's principles of management.

Description : Division of labor, authority hierarchy, formal selection, formal rules and regulations, impersonality, and career orientation are all features of: (a) Weber's ideal type bureaucracy. ; (b) General administrative theory. (c) Fayol's principles of management. ; (d) Taylor's principles of management.

Last Answer : (a) Weber's ideal type bureaucracy. ;

subroutines are invoked by using their___ _ ina subroutine call statement and replacing formal parameters with__ __ parameters: a. Identifier and formal b. Identifier and actual c. Expression and arguments d. None of these

Description : subroutines are invoked by using their___ _ ina subroutine call statement and replacing formal parameters with__ __ parameters: a. Identifier and formal b. Identifier and actual c. Expression and arguments d. None of these

Last Answer : b. Identifier and actual

Which of the following three are the major items of expenditure under MGNREGA scheme? • Wages • Material • Safety Deposit • Administrative Costs a. I, II and III only b. I, II and IV only c. II, III and IV only d. I, III and IV only e. None of the above

Description : Which of the following three are the major items of expenditure under MGNREGA scheme? • Wages • Material • Safety Deposit • Administrative Costs a. I, II and III only b. I, II and IV only c. II, III and IV only d. I, III and IV only e. None of the above

Last Answer : b. I, II and IV only