Which of the following is not a component of depreciation cost? Loss due to obsolescence of the equipment Loss due to accident/breakdown in the machinery Loss due to decrease in the demand of product Repairs and maintenance cost TRUE ANSWER : ? YOUR ANSWER : ?
In which of the electric power generation system, the operating cost is minimum? Thermal Hydroelectric Nuclear Fast breeder reactor TRUE ANSWER : ? YOUR ANSWER : ?
In financial accounting of a chemical plant, which of the following relationship is invalid? Assets = equities Assets = liabilities + net worth Total income = costs + profits Assets = capital TRUE ANSWER : ? YOUR ANSWER : ?
Manufacturing cost in a chemical company does not include the Direct products cost Administrative expenses Plant overheads Fixed charges TRUE ANSWER : ? YOUR ANSWER : ?
Cost incurred towards __________ in a chemical plant is a component of the utilities cost. Property protection Running a control laboratory Medical services Water supply TRUE ANSWER : ? YOUR ANSWER : ?
In an ordinary chemical plant, electrical installation cost may be about 10-15% of purchased equipment cost Either A or B Neither A nor B 3-10% of fixed capital investment TRUE ANSWER : ? YOUR ANSWER : ?
'Lang factor' is defined as the ratio of the capital investment to the delivered cost of major equipments. The value of 'Lang factor' for fixed capital investment, for a solid-fluid processing chemical plant ranges from 1.2 to 1.4 6.2 to 6.4 2.5 to 2.7 4.2 to 4.4 TRUE ANSWER : ? YOUR ANSWER : ?
The ratio of gross annual sales to the fixed capital investment is termed as the __________ ratio. Capital Investment Turnover Cash reserve TRUE ANSWER : ? YOUR ANSWER : ?
A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant. Profit Current liability Long term debt Current asset TRUE ANSWER : ? YOUR ANSWER : ?
Annual depreciation costs are constant, when the __________ method of depreciation calculation is used. None of these Straight line Sum of the years digit Declining balance TRUE ANSWER : ? YOUR ANSWER : ?