Commerce 4 MCQ Collection (Semester 4 Part 1)


Commerce IV


Commerce IV


Commerce 4 Second Year B.Com Sem 4 MCQ Collection


01) ________ Layout refers to internal arrangement of machines.

  1. Product
  2. Process
  3. Plant
  4. Manufacturing

Answer: Plant

02) ______________ is the ratio of input and output.

  1. Production
  2. Productivity
  3. Probability
  4. Profitability

Answer: Productivity

03) ABC analysis ________ different items of inventory

  1. Classifies
  2. Recognises
  3. Reveals
  4. Rejects

Answer: Classifies

04) _________ is the gap between order receiving and delivery of product.

  1. Despatch time
  2. Delivery schedule
  3. Production time
  4. Lead time

Answer: Lead time

05) _________ is concerned with giving orders and instructions to factory workers.

  1. Scheduling
  2. Routing
  3. Dispatching
  4. Follow-up

Answer: Dispatching

06) In __________ productive system, goods are produced on a large scale and stocked till they are demanded in the market.

  1. Job
  2. Project
  3. Intermittent
  4. Mass

Answer: Mass

07) Production management strictly follows _________ schedules.
Manufacturing

  1. Demand
  2. Supply
  3. Marketing
  4. None of the above

Answer: Manufacturing

08) The process of deciding the path of work and the sequence of operations is called as _____________

  1. Follow-up
  2. Dispatching
  3. Routing
  4. Scheduling

Answer: Routing

09) In _________ production system, items are strictly produced as per customer specifications.

  1. Mass
  2. Batch
  3. Process
  4. Job

Answer: Job

10) ___________ refers to monitoring of actual production.

  1. Scheduling
  2. Routing
  3. Dispatching
  4. Follow-up

Answer: Follow-up

 11) __________ is the starting point of all business activities.

  1. Marketing
  2. Production
  3. Finance
  4. Accounting

Answer: Production

12) Mass production is an example of ______________ production system.

  1. General
  2. Continuous
  3. Intermittent
  4. Efficient

Answer: Continuous

13) ______________ is a process of maintaining and monitoring the size of inventory at appropriate level.

  1. Quality Control
  2. Product Control
  3. Production Control
  4. Inventory Control

Answer: Inventory Control

14) In process production ___________ product type is produced.

  1. Multiple
  2. Single
  3. Few
  4. Batch

Answer: Single

15) Routing _______________ scheduling in production planning.

  1. precedes
  2. follows
  3. is next to
  4. is simultaneous

Answer: precedes

16) _______________ is an element of Production Planning

  1. Follow-up
  2. Dispatching
  3. Routing
  4. Scheduling

Answer: Routing

17) Under _____________ production, a single order is executed.

  1. Project
  2. Batch
  3. Process
  4. Mass

Answer: Project

18) Batch production is a form of ____________ production system.

  1. Continuous
  2. Intermittent
  3. Project
  4. Mass

Answer: Intermittent

19) Production management is concerned with the planning, organizing, directing and ___________ of production activities

  1. controlling
  2. staffing
  3. budgeting
  4. recording

Answer: controlling

20) Proper placement of the employees throughout the organization can increase the productivity of _______________ department

  1. production
  2. finance
  3. human resource
  4. marketing

Answer: human resource

21) Over inventory can block ______________

  1. assests
  2. working capital
  3. liabilities
  4. production

Answer: working capital

22) In VED classification of inventory, D stands for _______________

  1. Definite
  2. Demand
  3. delivery
  4. Desirable

Answer: Desirable

23) MAPICS stands for Manufacturing, ______________ and Production Information Control System.

  1. Assests
  2. Accounting
  3. Action
  4. Analysis

Answer: Accounting

24) In ____________ technique, the firm holds almost no inventory.

  1. ABC
  2. HML
  3. Just-in-time
  4. MRP

Answer: Just-in-time

25) ____________ is a technique that makes use of mathematical and scientific models for productivity.

  1. Operations Research
  2. Quality Circles
  3. Material Management
  4. Training

Answer: Operations Research



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