Labour Cost MCQ with Answers | Cost Accounting MCQs (Free Resource)

Labour Cost MCQ with Answers

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1. Dial Time recorder has ___________ holes.
a) 360
b) 200
c) 500
d) 160

2. _________ card is placed at the entrance of the factory.
a) Job card
b) Clock Card
c) None of the above

3. Time __________ is essential for costing purpose.
a) Records
b) Booking
c) Costing
d) None of the above

4. ________ shows effective use of time.
a) Time allowed
b) Effective use of time
c) Idle Time Card
d) None of the above

5. Piece workers are paid wages on __________ basis.
a) Piece Rate
b) Time Rate
c) Time saved basis
d) None of the above

6. Casual workers are appointed in place of _________ .
a) Retrenched workers
b) Absentees
c) Sincere workers
d) None of the above

7. Time ________ is necessary for pay roll.
a) Keeping
b) Records
c) Booking
d) None of the above

8. Time __________ is done to ascertain labour cost.
a) Records
b) Booking
c) Controlling
d) None of the above

9. ____________ sheet is the method of time booking.
a) Daily Time
b) Attendance Register
c) Time clock
d) None of the above

10. The card which shows time spent by a worker is called __________ card.
a) Job Ticker
b) Salary slip
c) Job
d) None of the above

Answers: 1)160 2) Clock Card 3) Booking 4) Idle Time Card 5) Piece Rate 6) Absentees 7) Keeping 8) Booking 9) Daily Time 10) Job