Question 1) Answer the following questions in detail:
a) Write down the assumptions of Break Even Analysis?
b) How will you estimate material cost?
c) What do you mean by Pay-back Period.
d) What do you mean by depreciation.
e) Write down the importance of human resource management?
f) Distinguish between recruitment and selection'
g) What are the principles of training?
h) What do you mean by motivation.
i) What is Quality of Work Life?
j) What do you mean by integration?
Question 2) Distinguish between cost estimation and cost accounting.
Question 3) What can be the reasons for replacement?
Question 4) Assume the original cost of a machine is Rs. 30,000 and is expected to last for 5 years. The junk value after five years of use would be Rs. 5000/-. Determine annual rate of depreciation by straight line method.
Question 5) Describe the types of psychological tests used for selection.
Question 6) What are the factors affecting motivation.
Question 7) Distinguish between cost estimation and cost accounting and discuss the qualifications of an estimator.
Question 8) Describe different methods to be considered in replacement studies.
Question 9) Describe various forms of workers' participation in management.