92. Inter-depoartmental committee meeting is an example of__________.

A. downward communication
B. upward communication
C. horizontal communication
D. informal communication
✅ The correct answer is option C.
Inter-depoartmental committee meeting is an example of horizontal communication. Horizontal communication is the transmission of information between people, divisions, departments or units within the same level of organizational hierarchy. You can distinguish it from vertical communication, which is the transmission of information between different levels of the organizational hierarchy.

1296. Costs such as book value of old machines are $25000 can be a classified as an example of

A. salvages
B. relevant
C. irrelevant
D. depreciated cost
✅ The correct answer is option C.
Costs such as book value of old machines are $25000 can be a classified as an example of irrelevant cost. An irrelevant cost is a cost that will not change as the result of a management decision.

1293. Categories of cash flows include

A. net initial investment
B. cash flow from operations after paying taxes
C. cash flow from terminal disposal after paying taxes
D. all of above
✅ The correct answer is option D.
Categories of cash flows include net initial investment, cash flow from operations after paying taxes and cash flow from terminal disposal after paying taxes.

What is one of the major barriers to effective time management?

A. Procrastination
B. Being well organized
C. Lack of money
D. Lack of time
✅ The correct answer is option A.
Procrastination is one of the major barriers to effective time management. Procrastination is the avoidance of doing a task that needs to be accomplished by a certain deadline. It could be further stated as a habitual or intentional delay of starting or finishing a task despite knowing it might have negative consequences.

Transaction of federal funds usually take place in form of

A. functional loans
B. annual loans
C. unsecured loans
D. secured loans
✅ The correct answer is option C.
Transaction of federal funds usually take place in form of unsecured loans. An unsecured loan is a loan that is issued and supported only by the borrower’s creditworthiness, rather than by any type of collateral. Unsecured loans sometimes referred to as signature loans or personal loans are approved without the use of property or other assets as collateral.

When bonds are called and redeem, they must be ceased to

A. earn interest
B. pay interest
C. earn floating rate
D. earn funding rate
✅ The correct answer is option A.
When bonds are called and redeem, they must be ceased to earn interest. Investors who purchase a company’s bonds receive interest on the bond and are promised a return on their investment at a future date. The future date is when a bond matures. Usually, the bond issuer repays the bond principal to the investor on the maturity date.

1281. Quantity of manufactured goods are sold at which total cost equal, is known as

A. breakeven point
B. cost point
C. revenue point
D. quantity point
✅ The correct answer is option A.
Quantity of manufactured goods are sold at which total cost equal, is known as breakeven point. The break-even point can be defined as a point where total costs (expenses) and total sales (revenue) are equal. Break-even point can be described as a point where there is no net profit or loss.

Major liabilities of commercial banks are

A. junk bonds
B. deposits
C. loans
D. swap bonds
✅ The correct answer is option B.
Major liabilities of commercial banks are deposits. A deposit is a financial term that has multiple definitions.On the one hand, a deposit is a transaction involving a transfer of funds to another party for safekeeping. On the other, a deposit also refers to a portion of funds used as security or collateral for the delivery of a good.

117. Which of the following is an example of operative function of HR managers?

A. planning
B. Organizing
C. Procurement
D. Controlling
✅ The correct answer is option C.
Procurement is an example of operative function of HR managers. Procurement deals with the sourcing activities, negotiation and strategic selection of goods and services that are usually of importance to an organization. Purchasing is the process of how goods and services are ordered.