CS
Question : Case Study:
ABC Manufacturing believes in providing training and skill development opportunities to its employees. Which principle of scientific management is being exemplified here?
Option 1: Harmony, not discord
Option 2: Cooperation, not individualism
Option 3: Development of each person to their greatest efficiency
Option 4: Science, not the rule of thumb
Correct Answer: Development of each person to their greatest efficiency
Solution : The correct answer is (c) Development of each person to their greatest efficiency
Development of each person to their greatest efficiency: This principle emphasizes enhancing employee skills and capabilities to help them reach their maximum potential and efficiency.
Question : One advantage of outsourcing is:
Option 1: Higher labor costs
Option 2: Increased control over operations
Option 3: Access to specialized skills and expertise
Option 4: Limited flexibility in business operations
Correct Answer: Access to specialized skills and expertise
Solution : The correct answer is (c) Access to specialized skills and expertise
One advantage of outsourcing is access to specialized skills and expertise. When companies outsource certain tasks or functions to external organizations or individuals, they can tap into the knowledge
Question : How is goodwill recorded when a partner retires?
Option 1: Remaining Partner’s Capital A/cs Dr. (In Gaining Ratio)
To Retiring Partner’s Capital A/c (with his share of goodwill)
Option 2: Remaining Partner’s Capital A/cs Dr. (In New Ratio)
Option 3: Goodwill A/c Dr.
To Retiring Partner’s Capital A/c (with his share)
Option 4: Goodwill A/c Dr.
To All Partner’s Capital A/cs (In Old Ratio)
Correct Answer: Remaining Partner’s Capital A/cs Dr. (In Gaining Ratio)
Solution : According to the partnership deed's guidelines, the company's goodwill is assessed. His share of the goodwill is credited to the capital account of the retiring partner, and the
Question : Select the most appropriate option to fill in the blank. Thank you for your______ to speak at the conference in March.
Option 1: conclusion
Option 2: invitation
Option 3: inclusion
Option 4: introduction
Correct Answer: invitation
Solution : The correct choice is the second option.
In this context, the appropriate word to complete the sentence is "invitation". The sentence expresses gratitude for an invitation to speak at the conference.
Therefore, the complete sentence is: "Thank you for your invitation to speak at the
Question : The sum is debited from the___________account when a new partner fails to bring his share of goodwill in cash -
Option 1: Premium A/c
Option 2: Current A/c of the new partner
Option 3: Capital A/cs of the old partners
Option 4: Premium A/c
Correct Answer: Current A/c of the new partner
Solution : We must increase the goodwill amount in the books in cases where a partner does not contribute goodwill. As a result, goodwill will be charged against the new partner's current account, and capital accounts of sacrificial partners will be credited
Hello,
Yes, it's possible to do Chartered Accountancy after completing a B.Tech in CS Engineering. Many people choose to switch fields and explore different career paths. It might require some additional studies and exams, but it's definitely doable. You can pursue CA after engineering. you have to know that CA
Hello aspirant,
Candidates can learn about the kinds of questions asked in the exam, the format of the question papers, and the exam's difficulty level by consulting the CS Executive previous year question papers. It is recommended that candidates thoroughly review for the CS Executive 2023 examinations by working through
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