A. $12,000
B. $6,000
C. -$6000
D. -$12000
✅ The correct answer is option B.
Variable costs = Revenue – Contribution margin
= $9000 – $3000 = $6,000.
Variable costs = Revenue – Contribution margin
= $9000 – $3000 = $6,000.
A credit in balance of payments indicates
A. Accumulation of bank balances abroad
B. Foreign direct investment received into the country
C. Earning of foreign exchange by the country
D. Earning of foreign exchange or incurring of liability abroad or decrease in asset abroad
✅ The correct answer is option C.
A credit in balance of payments indicates earning of foreign exchange by the country. The balance of payments (BOP) is the place where countries record their monetary transactions with the rest of the world.
A credit in balance of payments indicates earning of foreign exchange by the country. The balance of payments (BOP) is the place where countries record their monetary transactions with the rest of the world.
Who can be considered as the main stakeholders for London Zoo?
A. Research groups
B. Visitors
C. The government
D. Private investors
✅ The correct answer is option B.
Visitors can be considered as the main stakeholders for London Zoo.
Visitors can be considered as the main stakeholders for London Zoo.
An organization that is diversifying its product line is exhibiting what type of growth strategy?
A. stability
B. retrenchment
C. growth
D. maintenance
✅ The correct answer is option C.
An organization that is diversifying its product line is exhibiting growth type of growth strategy. Diversification is a corporate strategy to enter into a new market or industry in which the business doesn’t currently operate, while also creating a new product for that new market.
An organization that is diversifying its product line is exhibiting growth type of growth strategy. Diversification is a corporate strategy to enter into a new market or industry in which the business doesn’t currently operate, while also creating a new product for that new market.
_______is (are) the important component(s) of DSS.
A. Dialogue Management
B. Model Management
C. Model Management
D. All the above
✅ The correct answer is option D.
Dialogue Management, Model Management and Model Management are the important components of DSS.
Dialogue Management, Model Management and Model Management are the important components of DSS.
Plans, policies and procedures are the functions of
A. top level management
B. middle level and bottom level management
C. middle level management
D. bottom level management
✅ The correct answer is option A.
Plans, policies and procedures are the functions of top level management. These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business. In addition, top-level managers play a significant role in the mobilization of outside resources.
Plans, policies and procedures are the functions of top level management. These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business. In addition, top-level managers play a significant role in the mobilization of outside resources.
If flexible budget variance is $95000 and an actual cost is $40000, then flexible budget cost would be
A. $135,000
B. $45,000
C. $50,000
D. $55,000
✅ The correct answer is option D.
Flexible budget cost = Flexible budget variance – An actual cost
= $95000 – $40000 = $55,000.
Flexible budget cost = Flexible budget variance – An actual cost
= $95000 – $40000 = $55,000.
According to Press (1990), what are the four discrete philosophies upon which an organization’s culture can be based?
A. The resource focus, the product focus, the shareholder focus and the people focus
B. The product focus, the shareholder focus, the people focus and the market focus
C. The resource focus, the shareholder focus, the people focus and the market focus
D. The shareholder focus, the people focus, the product focus and the market focus
✅ The correct answer is option C.
According to Press (1990), The resource focus, the shareholder focus, the people focus and the market focus are the four discrete philosophies upon which an organization’s culture can be based.
According to Press (1990), The resource focus, the shareholder focus, the people focus and the market focus are the four discrete philosophies upon which an organization’s culture can be based.
Besides equity related bonds, type of Eurobonds that are convertible are classified as
A. bonds with interbank rate
B. bonds with intra market rate
C. bonds with equity warrants
D. bonds with common stock
✅ The correct answer is option C.
Besides equity related bonds, type of Eurobonds that are convertible are classified as bonds with equity warrants. Equity warrant bonds are debt securities that incorporate warrants, which give the holder the option to purchase equity in the issuer, its parent company, or another company during a predetermined period or on one particular date at a fixed contract price.
Besides equity related bonds, type of Eurobonds that are convertible are classified as bonds with equity warrants. Equity warrant bonds are debt securities that incorporate warrants, which give the holder the option to purchase equity in the issuer, its parent company, or another company during a predetermined period or on one particular date at a fixed contract price.
For given change in interest rates, percentage change in present value of bond is classified as
A. price sensitivity
B. yield sensitivity
C. maturity sensitivity
D. premium sensitivity
✅ The correct answer is option A.
For given change in interest rates, percentage change in present value of bond is classified as price sensitivity. Price sensitivity can be defined as the degree to which consumers’ behaviors are affected by the price of the product or service. Price sensitivity is also known as price elasticity of demand and this means the extent to which sale of a particular product or service is affected.
For given change in interest rates, percentage change in present value of bond is classified as price sensitivity. Price sensitivity can be defined as the degree to which consumers’ behaviors are affected by the price of the product or service. Price sensitivity is also known as price elasticity of demand and this means the extent to which sale of a particular product or service is affected.