Multiple Answer Question Extent of employees turnover depends upon :- Correct Answer
advertisement
Multiple Answer Question Extent of employees turnover depends upon :Correct Answer Physical conditions within organisation , Type of industry , Male to female ratio Multiple Choice Multiple Answer Question E.S.I. Act aims at providing for certain cash benefits to employees in case of :Correct Answer Sickness , Maternity , Medical Multiple Choice Multiple Answer Question Forces that favour regional differences are :Correct Answer Low mobility , Lower skilled job , Sources of income Multiple Choice Multiple Answer Question Group incentive plans may not become successful due to :Correct Answer Unevenness of performance of different members of groups , Illfeeling among group members , No recognition for individual performance Multiple Choice Multiple Answer Question Major features of production are :Correct Answer Labour , Land , Capital Multiple Choice Multiple Answer Question Incentive plans fail due to :Correct Answer Lack of required tools / training , Unfair standards , Fear of rate cut Multiple Choice Multiple Answer Question Objectives laid down by I.L.O. are :Correct Answer Abolish malpractices , Abuse in wage payment , Promote Trade Union Multiple Choice Multiple Answer Question Profit sharing, as an incentive plan, realizes these advantages :Correct Answer Higher profits , Increased efficiency , Climate for better employee relations Multiple Choice Multiple Answer Question To make Scanlon plan successful, there should be :Correct Answer Stable product lines and costs , Strong commitment to plan , Healthy labour relations Multiple Choice Multiple Answer Question A good incentive scheme should have :Correct Answer Elasticity , Parity , Less operational costs Multiple Choice Multiple Answer Question Wage differentials are of following factors :Correct Answer Difference in labour efficiency , Social esteem , Occupation Multiple Choice Multiple Answer Question Documents useful for the purpose of wage analysis are :Correct Answer Wage sheets , Payroll , Accounting registers Multiple Choice Multiple Answer Question In effective incentive plan, standards on which plan is based should be :Correct Answer Fair , Reasonable , Specific Multiple Choice Multiple Answer Question Components of deductions in salary are :Correct Answer E.S.I. , Housing loan installment. Multiple Choice Multiple Answer Question Differential piece rate system is suitable where :Correct Answer Fixed costs are higher in proportion to veriable cost , It is possible to count production accurately , There are standardised methods of production Multiple Choice Multiple Answer Question In India, Group incentive plans face problems like :Correct Answer Numerous slabs in rate structure , High norms of standard work , Illiterate workforce Multiple Choice Multiple Answer Question Employees cost to the company includes :Correct Answer Basic wages , Incentives Multiple Choice Multiple Answer Question Level II in junior managers comprises of :Correct Answer Engineers , Officers , Senior Engineers Multiple Choice Multiple Answer Question Source documents for preparations of wages are :Correct Answer Daily time sheet , Weekly time sheet. , Attendance register. Multiple Choice Multiple Answer Question Cost accounting department analyze payroll for the purpose of revealing :Correct Answer Normal and abnormal idle time , Direct & indirect labour , Variance from budgeted costs Multiple Choice Multiple Answer Question The approach of managerial / executive staff towards the perquisites has changed since last Correct Answer 10 years , 9 years , 8 years Multiple Choice Multiple Answer Question Monetary incentive plans result in :Correct Answer Greater output per man-hour , Lower unit cost , Higher wages Multiple Choice Multiple Answer Question Following are causes of idle time of labour pertaining to production, Correct Answer Failure of electricity. , Seasonal nature of demand. , Breakdown of machinery Multiple Choice Multiple Answer Question Salient features of profit-sharing are :Correct Answer Agreement is voluntary , Payment may be in cash / stock of future credits , Computation on the basis of some agreed formula Multiple Choice Multiple Answer Question Any imbalance in input-output relation in any incentive payment scheme can result in :Correct Answer Tension , Lower productivity , More absenteeism Multiple Choice Multiple Answer Question Following are causes of idle time of labour pertaining to administration :Correct Answer Poor management , Management policy Multiple Choice Multiple Answer Question Apart from salaries, IT employees are giving importance to :Correct Answer Company image , Job content , Job security Multiple Choice Multiple Answer Question Article 43 reads: State shall endeavour to secure by suitable legislation to all :Correct Answer Agricultural workers , Industrial , Working in a living wage Multiple Choice Multiple Answer Question The contemporary practice for enhancing organizational growth involves focuses on internal and external factors such as :Correct Answer Customer needs , Market trends , Costs Multiple Choice Multiple Answer Question Bonus, as the incentive to managers is determined :Correct Answer By formula , By discretion used in allocation of bonus Multiple Choice Multiple Answer Question Following are the forms of the cost of replacement :Correct Answer Cost of advertisement for recruitment , Cost of conducting interviews , Cost of interruption in production Multiple Choice Multiple Answer Question Profit sharing plans can be on :Correct Answer Industry basis , Locality basis , Unit basis Multiple Choice Multiple Answer Question Broad groups may be illustrated within manufacturing as :Correct Answer Managerial , Clerical , Factory Multiple Choice Multiple Answer Question Following are unavoidable causes of employees turnover :Correct Answer Retirement , Marriage Multiple Choice Multiple Answer Question More executives are compensated for various expenses incurred by, for taxation takes away a major portion of their salary, like :Correct Answer Medical care , Tax problem , Books Multiple Choice Multiple Answer Question In dotcom companies, there is :Correct Answer Direct interaction with customers and client organizations , Reduction of capital cost , Huge no of employees Multiple Choice Multiple Answer Question Jobs are graded according to the relative skill :Correct Answer Effort , Responsibility , Calculations Multiple Choice Multiple Answer Question Documents used for wage analysis are :Correct Answer Job cards , Wage sheets Multiple Choice Multiple Answer Question Following are economic causes of idle time of labour :Correct Answer Trade cycles. , Non availability of working capital. Multiple Choice Multiple Answer Question Job analysis describes :Correct Answer Duties , Responsibilities , Working conditions Multiple Choice Multiple Answer Question Major components of compensation :Correct Answer Salary , Basic salary , Consolidated salary Multiple Choice Multiple Answer Question In profit-sharing plan, employees :Correct Answer Work more diligently ,Try to achieve higher profits ,Fulfill entirely their responsibilities Multiple Choice Multiple Answer Question Which of the following are used to compensate major executives? Correct Answer Straight salaries , Bonuses , Profit sharing Multiple Choice Multiple Answer Question Due to the paucity of relevant data on wage differentials, it is possible to analyze in India :Correct Answer Wage structure , Pay structure , Salary structure Multiple Choice Multiple Answer Question Through payroll system, Recovery statements like these can be generated :Correct Answer Recovery of ESI , Deductions of Profession Tax , LIC Premium recovered Multiple Choice Multiple Answer Question Basic compensation systems are :Correct Answer Time rate system , Piece rate system Multiple Choice Multiple Answer Question Time rate system at ordinary level is suitable where :Correct Answer Quality of output is of great importance , Quantitative measurement of work is not possible , Production unit is small Multiple Choice Multiple Answer Question The term salary does not include :Correct Answer Value of free use of motorcar ,DA ,Employer's contribution to Provident Fund Multiple Choice Multiple Answer Question Salesmen are usually given incentives in the form of sales commission because of :Correct Answer Unsupervised nature of most sales work ,Tradition in the market ,Assumption that incentives are needed to motivate salesman Multiple Choice Multiple Answer Question Various enactments that are applicable to employees of organization are :Correct Answer Payment of Gratuity Act ,Payment of Bonus Act ,Employee's Provident Fund & Misc. Provisions Act Multiple Choice Multiple Answer Question In Payroll process, a Journal entry is treated as Control entry to :Correct Answer Book deductions effected during the month ,Book expenses for the month on account of payroll ,Make remittances to respective authorities Multiple Choice Multiple Answer Question Aspects which were considered while determining pay ranges are :Correct Answer Maintain adequate difference between supervisors & subordinates ,Attention must be given to handling upward changes in wage structure ,Regional difference in wages should not be invariably maintained Multiple Choice Multiple Answer Question Demerits of time rate system at ordinary level are :Correct Answer No distinction between efficient and inefficient workers at regards output , Increase the cost of production in case of low productivity Multiple Choice Multiple Answer Question Compensation paid to worker should be directly proportional to his :Correct Answer Efficiency , Results , Skills Multiple Choice Multiple Answer Question Employees are paid incentives on 'Output' basis if :Correct Answer Units of output can be measured ,Direct relationship between employee efforts and quantity of output ,Jobs are standardised Multiple Choice Multiple Answer Question Scanlon plan of profit sharing aims at :Correct Answer Workers participation , Reduction of cost of operation of increased production , Sharing in gains Multiple Choice Multiple Answer Question Time rate systems are :Correct Answer Ordinary level , High wage level , Graduated time rates Multiple Choice Multiple Answer Question Incentive schemes suffer because of :Correct Answer Tendency among workers to sacrifice quality for quantity , Rapid progress in technology , Disregard for safety regulations by workers Multiple Choice Multiple Answer Question For adequate and effective internal check on disbursement of wages, these factors are important :Correct Answer Proper time recording , Proper record of output by workers , Welldefined terms of remuneration and incentive schemes Multiple Choice Multiple Answer Question The characteristics of profit sharing plan are :Correct Answer Profits are payable at long intervals ,Payments to employees are uncertain ,Payment is regarded sometimes as windfall gain
