Type of security backed by mortgage cash flows and are packed by financial instruments is classified as

by
A. cash mortgage
B. securitized mortgage
C. financial mortgage
D. instrumental mortgage
✅ The correct answer is option B.
Type of security backed by mortgage cash flows and are packed by financial instruments is classified as securitized mortgage. Securitization is the procedure where an issuer designs a marketable financial instrument by merging or pooling various financial assets into one group. The issuer then sells this group of repackaged assets to investors. Securitization offers opportunities for investors and frees up capital for originators, both of which promote liquidity in the marketplace.

1760. A decision support system, which provides support for decision making by a group of persons is __________.

by
A. DSSB
B. The firm’s existing MIS
C. GDSS
D. Hardware components
✅ The correct answer is option C.
A decision support system, which provides support for decision making by a group of persons is GDSS. A Group Decision Support System, or GDSS, consists of interactive software that allows for making decisions by a group of participants. The goal of a GDSS is to improve the productivity of a group to come to a decision.

1797. When an essential information for calculation of income statement is missing, then costs that can be considered for this purpose is called

by
A. expected cost
B. expected revenues
C. irrelevant costs
D. relevant costs
✅ The correct answer is option D.
When an essential information for calculation of income statement is missing, then costs that can be considered for this purpose is called relevant costs. Relevant cost is a managerial accounting term that describes avoidable costs that are incurred only when making specific business decisions. The concept of relevant cost is used to eliminate unnecessary data that could complicate the decision-making process.

Distinction between overall exports and imports is related to

by
A. factor income
B. transfer Payments
C. balance of trade
D. account balance
✅ The correct answer is option C.
Distinction between overall exports and imports is related to balance of trade. The balance of trade is the difference between the value of a country’s imports and exports for a given period. The balance of trade is the largest component of a country’s balance of payments. Economists use the BOT to measure the relative strength of a country’s economy.

Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect

by
A. Current account only
B. Capital account only
C. Official reserves account only
D. Both current account and capital account
✅ The correct answer is option D.
Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect both current account and capital account.

159. __________ examination may protect the company against unwarranted claims under workers compensation laws

by
A. Written
B. Physical
C. Mental
D. Reference
✅ The correct answer is option B.
Physical examination may protect the company against unwarranted claims under workers compensation laws. Physical ability tests measure the physical ability of an applicant to perform a particular task or the strength of specific muscle groups, as well as overall strength and stamina. Physical ability tests may be conducted for potential employees in the manual and physical labor sectors.

1786. A feasible solution to an LP problem.

by
A. Must satisfy all of the problem’s constraints simultaneously
B. Need not satisfy all of the constraints, only some of them
C. Must be a corner point of the feasible region
D. Must optimize the value of the objective function
✅ The correct answer is option A.
A feasible solution to an LP problem must satisfy all of the problem’s constraints simultaneously. A feasible solution is a set of values for the decision variables that satisfies all of the constraints in an optimization problem. A local optimal solution is one where there is no other feasible solution “in the vicinity” with a better objective function value.

Interest rate considering compounding of interest rate and is earned in 12 months is considered as

by
A. effective annual return
B. ineffective annual return
C. decrease in return
D. increase in return
✅ The correct answer is option A.
Interest rate considering compounding of interest rate and is earned in 12 months is considered as effective annual return. Effective annual return (EAR) is the annual rate that captures the magnifying effect of multiple compounding periods per year of an investment.