Difference between purchase price of treasury bills and face value of treasury bills is considered as

by
A. premium
B. discount
C. return
D. mean value
✅ The correct answer is option C.
Difference between purchase price of treasury bills and face value of treasury bills is considered as return. The gain is realized when the bond matures, which is the difference between the purchase price and the face value.

As compared to general obligation bonds, revenue bonds are considered as

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A. more inflated
B. less inflated
C. less risky
D. more risky
✅ The correct answer is option D.
As compared to general obligation bonds, revenue bonds are considered as more risky. Revenue bonds are generally of higher risk than general obligation bonds, and as a result, they typically offer higher yields.

In commercial banks, subordinate debentures and subordinate notes are considered as

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A. stated rates
B. banks debentures
C. banks liabilities
D. banks deposits
✅ The correct answer is option C.
In commercial banks, subordinate debentures and subordinate notes are considered as banks liabilities. The deposit itself is a liability owed by the bank to the depositor. Bank deposits refer to this liability rather than to the actual funds that have been deposited. When someone opens a bank account and makes a cash deposit, he surrenders legal title to the cash, and it becomes an asset of the bank.

In zero coupon bonds, increase in duration with respect to maturity must be at

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A. decreasing rate
B. increasing rate
C. alarming rate
D. inelastic rate
✅ The correct answer is option A.
In zero coupon bonds, increase in duration with respect to maturity must be at decreasing rate. A zero-coupon bond is a debt security instrument that does not pay interest. Zero-coupon bonds trade at deep discounts, offering full face value (par) profits at maturity. The difference between the purchase price of a zero-coupon bond and the par value, indicates the investor’s return.

67. A leader who serves as the head of the family and treats his followers like his family members is _______.

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A. paternalistic leader
B. intellectual leader
C. liberal leader
D. institutional leader
✅ The correct answer is option A.
A leader who serves as the head of the family and treats his followers like his family members is paternalistic leader. Paternalistic leadership is a managerial approach that involves a dominant authority figure who acts as a patriarch or matriarch and treats employees and partners as though they are members of a large, extended family. In exchange, the leader expects loyalty and trust from employees, as well as obedience.

Depository institutions includes

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A. mutual funds
B. commercial banks and thrifts
C. savings banks
D. credit unions
✅ The correct answer is option B.
Depository institutions includes commercial banks and thrifts. A depository is a facility such as a building, office, or warehouse in which something is deposited for storage or safeguarding. It can refer to an organization, bank, or institution that holds securities and assists in the trading of securities.

66. The leadership style considers subordinates do not have ability and immature is.

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A. autocratic style
B. liberal leader
C. democratic leader
D. institutional leader
✅ The correct answer is option D.
The leadership style considers subordinates do not have ability and immature is institutional leader. A leadership style refers to a leader’s characteristic behaviors when directing, motivating, guiding, and managing groups of people.

When business companies started investing with funds generated internally is a point which shows that

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A. cost of loanable funds is high
B. cost of loanable fund is low
C. equilibrium is zero
D. equilibrium is negative
✅ The correct answer is option A.
When business companies started investing with funds generated internally is a point which shows that cost of loanable funds is high. Loanable funds is the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption.

868. Difference of cost, which occurs while considering alternatives can be classified as

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A. dependent cost
B. independent cost
C. incremental cost
D. differential cost
✅ The correct answer is option D.
Difference of cost, which occurs while considering alternatives can be classified as differential cost. Differential cost is the difference between the cost of two alternative decisions, or of a change in output levels. The concept is used when there are multiple possible options to pursue, and a choice must be made to select one option and drop the others.

865. ____________process data resulting from business transactions, update operational databases, and produce business documents.

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A. Transaction Processing Systems
B. Process Control Systems
C. Enterprise Collaboration Systems
D. Management Information Systems
✅ The correct answer is option A.
Transaction Processing Systems process data resulting from business transactions, update operational databases, and produce business documents. 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. It allows for a time delay between when an item is being sold to when it is actually sold.