1326. In manufacturing companies, revenue and cost drivers are categorized under

A. variable costs
B. costs of goods sold
C. number of units sold
D. all of above
✅ The correct answer is option C.
In manufacturing companies, revenue and cost drivers are categorized under number of units sold. Revenue and cost drivers are the individual elements that make up those gross numbers. They are different in each business model. Most managers usually can identify specific drivers, but they often don’t use them as key management tools.

Pegging the value of a currency can be done by

A. pegging to a major currency
B. pegging to a basket of currencies
C. pegging to SDR
D. any of the above
✅ The correct answer is option D.
Pegging is controlling a country’s currency rate by tying it to another country’s currency or steering an asset’s price prior to option expiration. Pegging the value of a currency can be done by pegging to a major currency or pegging to a basket of currencies or pegging to SDR.

1322. A human order taker can be bypassed when using _________________.

A. Office automation system
B. Management information system
C. Transaction processing system
D. Decision support system
✅ The correct answer is option C.
A human order taker can be bypassed when using Transaction processing system. A Transaction Processing System is a set of information which processes the data transaction in database system that monitors transaction programs. The system is useful when something is sold over the internet.

1320. Net initial investment is divided by uniform increasing in future cash flows to calculate

A. discounting period
B. investment period
C. payback period
D. earning period
✅ The correct answer is option C.
Net initial investment is divided by uniform increasing in future cash flows to calculate payback period. The payback period refers to the amount of time it takes to recover the cost of an investment. Simply put, the payback period is the length of time an investment reaches a breakeven point. The desirability of an investment is directly related to its payback period.

1357. Payback period is multiplied for constant increase in yearly future cash flows to calculate

A. cash value of money
B. net initial investment
C. net future value
D. time value of money
✅ The correct answer is option B.
Payback period is multiplied for constant increase in yearly future cash flows to calculate net initial investment. Net investment is the amount spent by a company or an economy on capital assets, or gross investment, less depreciation. Net investment helps give a sense of how much money a company is spending on capital items used for operations, such as property, plants, equipment, and software.

Formed in 1960 is

A. World Trade Organization
B. World Bank
C. Regional Development Agency
D. International Development Association
✅ The correct answer is option D.
International Development Association. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income.

Consider buying of put option, probability that a buyer would have negative payoff increases with the

A. increase in stock price
B. decrease in stock price
C. increase in maturity duration
D. decrease in maturity duration
✅ The correct answer is option A.
Consider buying of put option, probability that a buyer would have negative payoff increases with the increase in stock price.

1348. Corporate sustaining costs and distribution channel costs are also classified as

A. indirect costs
B. variable costs
C. fixed costs
D. direct costs
✅ The correct answer is option C.
Corporate sustaining costs and distribution channel costs are also classified as fixed costs. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities.

94. MBE is a technique of management

A. Control
B. Planning
C. Organizing
D. staffing
✅ The correct answer is option A.
MBE is a technique of management Control. Management by exception (MBE), when applied to business is a style of management that gives employees the responsibility to take decisions and to fulfill their work or projects by themselves. It consists of focus and analysis of statistically relevant anomalies in the data.