Intrinsic value of call option is considered as out of money if

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A. bond price > treasury price
B. treasury price < bond price
C. stock price > exercise price
D. stock price < exercise price
✅ The correct answer is option D.
Intrinsic value of call option is considered as out of money if stock price < exercise price. The intrinsic value of both call and put options is the difference between the underlying stock's price and the strike price. In the case of both call and put options, if the calculated value is negative, the intrinsic value is zero.

What is the primary purpose of report

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A. To control problems, sell products and services
B. To analyze problems and predict practical alternatives
C. To monitor and control production, sales, shipping, etc
D. To solve problems and supply facts
✅ The correct answer is option B.
To analyze problems and predict practical alternatives is the primary purpose of report. Reports communicate information which has been compiled as a result of research and analysis of data and of issues. Reports can cover a wide range of topics, but usually focus on transmitting information with a clear purpose, to a specific audience.

The theory focused on a persons act rather than his trait or behaviour is.

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A. Trait theory
B. Behavioural theory
C. Followers theory
D. System theory
✅ The correct answer is option D.
The theory focused on a persons act rather than his trait or behaviour is System theory. Systems theory is an interdisciplinary theory about the nature of complex systems in nature, society, and science, and is a framework by which one can investigate and/or describe any group of objects that work together to produce some result.

More coupon payment or promised interest payment

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A. higher its duration
B. lower its duration
C. zero duration
D. One year duration
✅ The correct answer is option B.
More coupon payment or promised interest payment lower its duration. Duration is a measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates. A bond’s duration is easily confused with its term or time to maturity because they are both measured in years.

Difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate

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A. efficiency deviation
B. efficiency variance
C. budgeted variance
D. usage variance
✅ The correct answer is option B.
Difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate efficiency variance. The efficiency variance is the difference between the actual unit usage of something and the expected amount of it. The expected amount is usually the standard quantity of direct materials, direct labor, machine usage time, and so forth that is assigned to a product.

If your local currency is in variable form and foreign currency is in fixed form quotation will be:

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A. indirect
B. direct
C. local form
D. foreign form
✅ The correct answer is option B.
If your local currency is in variable form and foreign currency is in fixed form quotation will be direct. A local currency, is a currency that can be spent a particular area at participating organisations. Usually it will act as a complementary currency, that is to be used in additional to a national currency, rather than replace it.

Market in which currencies buy and sell and their prices settle on is called the

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A. Eurocurrency market
B. international capital market
C. international bond market
D. foreign exchange market
✅ The correct answer is option D.
Market in which currencies buy and sell and their prices settle on is called the foreign exchange market. The foreign exchange market (also known as forex, FX or the currency market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. Participants are able to buy, sell, exchange and speculate on currencies.

Advertisements through newspapers, TV, radio, professional journals and magazines are ________ methods of recruitment

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A. Direct
B. Indirect
C. Third-party
D. E-recruitment
✅ The correct answer is option B.
Advertisements through newspapers, TV, radio, professional journals and magazines are Indirect methods of recruitment. Indirect method of recruitment: under this method, workers are recruited indirectly through advertisements in newspapers, journals, radio, internet, etc., in order to get suitable candidates.