1539. In budget hierarchy, material handling cost is

by
A. fixed manufacturing cost
B. batch level cost
C. per unit cost
D. factory overall cost
✅ The correct answer is option B.
In budget hierarchy, material handling cost is batch level cost. A batch-level cost is a cost related to a group of units, but which is not associated with specific individual units.

107. Which type of organization gives importance to terms of authority and functions

by
A. informal organization
B. formal organization
C. business or organization
D. strategic organization
✅ The correct answer is option B.
Formal organization gives importance to terms of authority and functions. The formal organization is basically goal-oriented entity that exist to accurate the efforts of individuals and it refers to the structure of jobs and positions with clearly defined functions, responsibilities and authorities.

137. The following is (are) concerned with developing a pool of candidates in line with the human resources plan

by
A. Development
B. Training
C. Recruitment
D. All of the above
✅ The correct answer is option C.
The Recruitment is concerned with developing a pool of candidates in line with the human resources plan. In human resource management, “recruitment” is the process of finding and hiring the best and most qualified candidate for a job opening, in a timely and cost-effective manner. It can also be defined as the “process of searching for prospective employees and stimulating and encouraging them to apply for jobs in an organization”.

Current market price is multiplied to conversion rate received on conversion to calculate

by
A. conversion value
B. current value
C. market value
D. stock value
✅ The correct answer is option A.
Current market price is multiplied to conversion rate received on conversion to calculate conversion value. The term conversion value refers to the financial worth of the securities obtained by exchanging a convertible security for its underlying assets.

For municipal bonds, initial market is through

by
A. local placement
B. public offering
C. government placement
D. index placement
✅ The correct answer is option B.
For municipal bonds, initial market is through public offering. The public offering price (POP) is the price at which new issues of stock are offered to the public by an underwriter. Because the goal of an initial public offering (IPO) is to raise money, underwriters must determine a public offering price that will be attractive to investors.

106. When the supervisor commands subordinates and has close supervision is called ______.

by
A. free-rein
B. autocratic
C. consultative
D. democratic
✅ The correct answer is option B.
When the supervisor commands subordinates and has close supervision is called autocratic. This an extreme form of dominant leadership. Autocratic leaders make all the decisions and they make it alone. They don’t need to consider anyone’s opinions or ask for advice. They only command. This form of leadership is best in crisis situations, but it can be highly demoralizing for the followers.

Form of market efficiency in which stock current prices reflects volume information and historic prices of company is classified as

by
A. weak form of market efficiency
B. strong form of market efficiency
C. semi-strong form market efficiency
D. expensive form market efficiency
✅ The correct answer is option A.
Form of market efficiency in which stock current prices reflects volume information and historic prices of company is classified as weak form of market efficiency. Weak form efficiency states that past prices, historical values and trends can’t predict future prices. Weak form efficiency is an element of efficient market hypothesis. Weak form efficiency states that stock prices reflect all current information.