Subsequent expenditures that extend the useful life, improve the quality of output, or reduce operating costs of an existing asset beyond their originally estimated levels are
A. | Capital expenditures |
B. | Revenue expenditures |
C. | Deferred Revenue expenditures |
D. | None of the above |
Option: A Explanation : Click on Discuss to view users comments. |
There is acute shortage of electricity in some of the states in India. This reflects a problem in which type of business environment?
A. | Economic |
B. | Demographic |
C. | Politico-legal |
D. | Socio-cultural |
Option: A Explanation : Click on Discuss to view users comments. |
Assertion (A) : A perfectly competitive firm is not a pricemaker but is a price-taker.
Reason (R) : The firm is interested in deciding the level of output only.
A. | Both (A) and (R) are true. |
B. | Both (A) and (R) are false. |
C. | (A) is false, while (R) is true. |
D. | (A) is true, but (R) is not a correct explanation of (A). |
Option: D Explanation : Click on Discuss to view users comments. |
The idea that a manager tends to be promoted to a level of his incompetence is referred to as
A. | the advancement principle |
B. | the Paul principle |
C. | the Peter principle |
D. | the job design principle |
Option: C Explanation : Click on Discuss to view users comments. |
Taylor's differential piece work plan provides that
A. | All labourers should be assigned different amount of work. |
B. | All labourers should be put in different time-period. |
C. | Those who produce above standard should receive higher wages than those producing below standard. |
D. | Payment should be the same on a fixed Standard. |
Option: A Explanation : Click on Discuss to view users comments. |