Exchange of ideas between two or more persons is

by
A. Understanding
B. Telling
C. communication
D. listening
✅ The correct answer is option C.
Exchange of ideas between two or more persons is communication. Communication is the exchange and flow of information, fact, opinion or ideas from one person to another. It involves a sender transmitting the message or feeling to a receiver.

150. Which of the following is not a function normally performed by the HR department?

by
A. Employee relation
B. Training and Development
C. Accounting
D. Recruitment and Selection
✅ The correct answer is option C.
Accounting is not a function normally performed by the HR department. The six main function of HR are recruitment, workplace safety, employee relations, compensation planning, labor law compliance and training.

119. In managerial grid, the style which focuses moderate concern for both production and people is

by
A. task management
B. impoverished style
C. middle of the road
D. team management style
✅ The correct answer is option C.
In managerial grid, the style which focuses moderate concern for both production and people is middle of the road. Middle-of-the-road management reflects a moderate amount of concern for both people and production.

Maximum maturity days of holding commercial paper are

by
A. 170 days
B. 270 days
C. 120 days
D. 5 days
✅ The correct answer is option B.
Maximum maturity days of holding commercial paper are 270 days. Commercial paper, in the global financial market, is an unsecured promissory note with a fixed maturity of not more than 270 days.

1687. Amount of money by which total revenues exceed breakeven revenues is classified as

by
A. margin of safety
B. margin of profit
C. margin of loss
D. margin of income
✅ The correct answer is option A.
Amount of money by which total revenues exceed breakeven revenues is classified as margin of safety. Margin of safety is a principle of investing in which an investor only purchases securities when their market price is significantly below their intrinsic value.

Ambiguity introduced by way by which organization finances its investments is

by
A. country risk
B. liquidity risk
C. financial risk
D. business risk
✅ The correct answer is option C.
Ambiguity introduced by way by which organization finances its investments is financial risk. Financial risk is a term that can apply to businesses, government entities, the financial market as a whole, and the individual. This risk is the danger or possibility that shareholders, investors, or other financial stakeholders will lose money.

1681. Costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as

by
A. constant costing
B. standard costing
C. unit costing
D. batch costing
✅ The correct answer is option B.
Costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as standard costing. Standard costing is the practice of substituting an expected cost for an actual cost in the accounting records. Subsequently, variances are recorded to show the difference between the expected and actual costs.

Depository institutions that concentrate loans in one segment such as consumer loans are considered as

by
A. thrifts
B. state bank
C. global bank
D. multinational institutions
✅ The correct answer is option A.
Depository institutions that concentrate loans in one segment such as consumer loans are considered as thrifts. Thrifts also refer to credit unions and mutual savings banks that provide a variety of saving and loans services. Thrifts differ from commercial banks in that they can borrow money from the Federal Home Loan Bank System, which allows them to pay members higher interest.

149. The first step in the human resource planning process is

by
A. Preparing a job analysis
B. Forecasting future human resource needs
C. Assessing future demand
D. Assessing future supply
✅ The correct answer is option B.
The first step in the human resource planning process is forecasting future human resource needs. Human resources (HR) forecasting involves projecting labor needs and the effects they’ll have on a business. An HR department forecasts both short- and long-term staffing needs based on projected sales, office growth, attrition and other factors that affect a company’s need for labor.

1714. In customer cost hierarchy, costs of all activities incurred to sell group of units to end consumers are classified as

by
A. customer sustaining costs
B. customer output unit-level costs
C. customer batch-level costs
D. corporate sustaining costs
✅ The correct answer is option C.
In customer cost hierarchy, costs of all activities incurred to sell group of units to end consumers are classified as customer batch-level costs. Batch-level costs are expenses related to a group of products that cannot readily be traced back to an individual item. In other words, these production costs are incurred to produce a set of products or a batch and can’t be allocated to an individual unit.