1192. As compared to irrelevant cost, occurrence of relevant costs must

by
A. have high correlation
B. be in future
C. be in past
D. be zero correlated
✅ The correct answer is option B.
As compared to irrelevant cost, occurrence of relevant costs must be in future. Relevant costs are affected by a new decision. Irrelevant costs have to be incurred irrespective of a new decision. The relevant costs affect the future cash flows, whereas the irrelevant costs do not affect future cash flows.

1186. Turnaround strategies involve changes at what level of strategy?

by
A. Corporate
B. Functional
C. Competitive
D. All levels
✅ The correct answer is option C.
Turnaround strategies involve changes at Competitive level of strategy. Turnaround strategy means to convert, change or transform a loss-making company into a profit-making company. It means to make the company profitable again. The main purpose of implementing a turnaround strategy is to turn the company from a negative point to a positive one.

1183. Many merger discussions breakdown or are abandoned. Which of these is not a reason why?

by
A. Egos can get in the way
B. Reluctance to accept which will become ???number two???
C. The bid is deemed hostile leading to aggressive defense
D. Inadequate consultation with shareholders who then intervene
✅ The correct answer is option C.
Many merger discussions breakdown or are abandoned. The bid is deemed hostile leading to aggressive defense is not a reason. A merger refers to an agreement. It is a mutually binding contract in which two companies join together to form one company.

104. One of the external sources of recruitment is

by
A. Retired managers and employees
B. Dependents of deceased employees
C. Gate hiring
D. None of the above
✅ The correct answer is option C.
The External Sources of Recruitment mean hiring people from outside the organization. The concept of gate hiring is to select people who approach on their own for employment in the organisation. This happens mostly in the case of unskilled and semi­skilled workers. When large numbers of workers are required at the initial stage of the organisation, then this method is suitable.

1177. Type of distribution, which consists of alternative outcomes and probabilities of events is classified as

by
A. event table
B. outcome table
C. decision table
D. probability table
✅ The correct answer is option C.
Type of distribution, which consists of alternative outcomes and probabilities of events is classified as decision table. Decision tables are a concise visual representation for specifying which actions to perform depending on given conditions.

103. Which of the following is not true of the activity known as job analysis?

by
A. The rate of pay for the job is fixed.
B. The job elements are rated in terms such as frequency. Of use or amount of time involved
C. It aims to describe the purpose of a job and the conditions under which it is performed
D. Jobs are broken into elements such as information required or relations with other people
✅ The correct answer is option A.
The rate of pay for the job is fixed is not true of the activity known as job analysis. It is not fixed.

Change in interest rate measured in percentage for given interest rate change is classified as

by
A. premium yield
B. elasticity
C. duration
D. maturity yield
✅ The correct answer is option B.
Change in interest rate measured in percentage for given interest rate change is classified as elasticity. Elasticity is a measure of a variable’s sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price or income changes.