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

41. ____________ system does not provide incentive to efficient workers.
a) Time Rate
b) Halsey Plan
c) Piece Rate
d) None of the above

42. _________ system brings down output.
a) Time Rate
b) Piece Rate
c) Halsey Plan
d) None of the above

43. _________ system is suitable when quality of work is more important.
a) Time Rate
b) Halsey Plan
c) Piece Rate
d) Rowan Plan

44. Under the piece rate system wages are paid at a __________.
a) Time Rate
b) Fixed Rate Unit
c) Standard time
d) None of the above

45. Under _________ system time spent on job is not considered.
a) Piece rate
b) Time Rate
c) Halsey Plan
d) Halsey Plan

46. __________ system provides incentives to efficient workers.
a) Time Rate
b) Piece Rate
c) Halsey Plan
d) None of the above

47. __________ system reduces tendency of workers to go slow.
a) Time Rate
b) Piece Rate
c) Halsey Plan
d) Rowan Plan

48. _________ system is suitable where tasks can be readily measured.
a) Time Rate
b) Piece Rate
c) Rowan Plan
d) Halsey Plan

49. ___________ system is suitable when quality of work is important.
a) Piece Rate
b) Halsey Plan
c) Time Rate
d) None of the above

50. Under __________ bonus is paid to the workers on the basis of time saved.
a) Time Rate
b) Halsey Plan
c) Piece Rate
d) None of the above

Answer: 41) Time Rate 42) Time Rate 43) Time Rate 44) Fixed Rate Unit 45) Piece rate 46) Piece Rate 47) Piece Rate 48) Piece Rate 49) Time Rate 50) Halsey Plan