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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO PRINCIPLES AND LEGAL CONCEPTS IN RELATION TO INSURANCE OF PLANT AND MACHINERY Which of the following legal principles states that an insured should not profit from an insurance claim but should only be indemnified for the actual loss suffered? A) Principle of Subrogation B) Principle of Utmost Good Faith […]
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO VALUATION OF LEASED PLANT AND MACHINERY Which of the following methods is commonly used for the valuation of leased plant and machinery in India? A) Market value method B) Cost approach method C) Income approach method D) All of the above Correct Answer: D) All of the above In
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITALIZATION OF EARNINGS METHOD What is the Capitalization of Earnings Method primarily used for? A) Valuation of tangible assets B) Valuation of intangible assets C) Valuation of company stocks D) Valuation of government bonds Answer: C) Valuation of company stocks Which of the following is a key component in
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO FACTORY PLANNING AND LAYOUT What is the primary objective of factory layout planning? A) Minimize production costs B) Maximize employee satisfaction C) Optimize material flow and efficiency D) Maximize profits for shareholders Answer: C) Optimize material flow and efficiency Which factor is NOT typically considered when designing a factory
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO : FINANCE AND FINANCIAL STATEMENT ANALYSIS Which regulatory body in India oversees the functioning of the stock markets? A) SEBI (Securities and Exchange Board of India) B) RBI (Reserve Bank of India) C) IRDAI (Insurance Regulatory and Development Authority of India) D) NSE (National Stock Exchange) Answer: A) SEBI
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ENVIRONMENTAL ISSUES IN VALUATION Which of the following environmental issues can significantly impact the valuation of real estate? A) Noise pollution B) Light pollution C) Air pollution D) All of the above Answer: D) All of the above When assessing the impact of environmental contamination on property value, which
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO MARKET APPROACH- SALES COMPARISON METHOD Which of the following is NOT a characteristic of the Sales Comparison Method? A) It relies on market data from recent transactions B) It is particularly useful for unique properties with limited comparables C) It requires adjustments to be made for differences between the
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW IMPORTANCE OF TECHNICAL SPECIFICATIONS OF PME IN VALUATION EXERCISE What role do technical specifications play in the valuation of PME in India? a) They are irrelevant in the valuation process b) They are important for determining the market value c) They only matter for tax purposes d) They
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW – PLANT AND MACHINERY Which act governs the taxation and depreciation of plant and machinery in India? a) Income Tax Act, 1961 b) Goods and Services Tax Act, 2017 c) Companies Act, 2013 d) Central Excise Act, 1944 Answer: a) Income Tax Act, 1961 What is the maximum
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAWS RELATED TO INDUSTRIAL HEALTH AND SAFETY Which of the following acts in India primarily deals with the health, safety, and welfare of workers in factories? A) Factories Act, 1948 B) Industrial Disputes Act, 1947 C) Workmen’s Compensation Act, 1923 D) Contract Labour (Regulation and Abolition) Act, 1970 Answer:
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO MARKET APPROACH – SALES COMPARISON METHOD IN PLANT AND MACHINERY Which of the following best describes the Sales Comparison Method in plant and machinery valuation? a) It determines the value based on the cost of replacement. b) It assesses the value by comparing similar items sold in the market.
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO VALUATION OF PLANT AND MACHINERY Which of the following methods is commonly used for the valuation of plant and machinery? a) Straight-line depreciation method b) Double-declining balance method c) Replacement cost method d) Net realizable value method Answer: c) Replacement cost method Which of the following factors is NOT
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