Institutions that facilitate channelling of funds and all related functions are classified as

A. financial institutions
B. payable institutions
C. non-financial institutions
D. derivative institutions
✅ The correct answer is option A.
Institutions that facilitate channelling of funds and all related functions are classified as financial institutions. A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.

1566. In any of the system _____ resource is consider as people resources.

A. end user
B. hardware
C. data
D. software
✅ The correct answer is option A.
In any of the system end user resource is consider as people resources. People are considered a resource because with their demands and capabilities they can create new resources.

140. The first step in the e-selection process is

A. consider how the various new stakeholders and clients will use the system
B. train the employees that will be responsible for the administration of the process
C. draw-up a flow chart of the current assessment process
D. draft the desired flow process that will result from the E-selection process
✅ The correct answer is option C.
The first step in the e-selection process is draw-up a flow chart of the current assessment process. This is an assessment that looks at employee and organizational knowledges, skills, and abilities, to identify any gaps or areas of need.

1562. Which of these is not a reason for why employees resist the implementation of strategic changes?

A. Anxiety regarding jobs
B. Lack of necessary strategic resources
C. Lack of knowledge
D. Poor strategic leadership
✅ The correct answer is option B.
Lack of necessary strategic resources is not a reason for why employees resist the implementation of strategic changes. Strategic implementation is a process that puts plans and strategies into action to reach desired goals. The strategic plan itself is a written document that details the steps and processes needed to reach plan goals, and includes feedback and progress reports to ensure that the plan is on track.

To create situation with no shortage of funds, relationship between funds supplied and funds demanded must have

A. Two way relationship
B. One way relationship
C. direct relationship
D. inverse relationship
✅ The correct answer is option D.
To create situation with no shortage of funds, relationship between funds supplied and funds demanded must have inverse relationship.

Joint venture is

A. Not jointly owned by
B. Jointly owned by two or more firms
C. Acquired by firm
D. It is licensing
✅ The correct answer is option B.
Joint venture is jointly owned by two or more firms. A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.

1594. An amount of additional cost incurred for any particular activity is classified as

A. incremental cost
B. differential cost
C. dependent cost
D. independent cost
✅ The correct answer is option A.
An amount of additional cost incurred for any particular activity is classified as incremental cost. Incremental cost also referred to as marginal cost, is the total change a company experiences within its balance sheet or income statement due to the production and sale of an additional unit of product. Incremental costs may be classified as relevant costs in managerial accounting.

1588. Dysfunctional decision making is also known as

A. dysfunctional decision making
B. congruent decision making
C. incongruent decision making
D. both a and c
✅ The correct answer is option D.
Dysfunctional decision making is also known as dysfunctional decision making and incongruent decision making. Dysfunctional decision making can be a big drag on the results unless properly addressed.

The current account of balance of payments includes

A. Unilateral payments
B. Portfolio investments
C. Short term borrowings
D. Long term borrowings
✅ The correct answer is option B.
The current account of balance of payments includes Portfolio investments. An investment portfolio is a collection of assets owned by an individual or by an institution. But most investment portfolios, particularly portfolios that are assembled to pay for a retirement, are made up mainly of securities, such as stocks, bonds, mutual funds, money market funds and exchange traded funds.