281. ____ of information systems that support key business functions as well as cross functional business processes.

A. Standards
B. Rules
C. Portfolio
D. Procedure
✅ The correct answer is option C.
Portfolio of information systems that support key business functions as well as cross functional business processes. This allows you to focus on the real work by adding value to your fund and asset management duties, whatever they may be.

25. Which of the following term is used to identify, “what the job holder does”? “How it is done”? & “why it is done”?

A. Job specification
B. Job evaluation
C. Job description
D. Job title
✅ The correct answer is option C.
Job description is used to identify, “what the job holder does”? “How it is done”? & “why it is done”?. It includes information such as job title, job location, reporting to and of employees, job summary, nature and objectives of a job, tasks and duties to be performed, working conditions, machines, tools and equipments to be used by a prospective worker and hazards involved in it.

315. __________ type of budgeting is based on estimation of total project cost by the top management.

A. top-down
B. bottom-up
C. neural
D. zero-based
✅ The correct answer is option A.
Top-down type of budgeting is based on estimation of total project cost by the top management. Top-down budgeting is a budgeting method in which senior management develops a high-level budget for the company. Once the top-level numbers are created, amounts are allocated to individual functions or departments that must create a detailed budget with their allocation.

312. Which of the following is not generally accepted as being part of the extended marketing mix for services?

A. Product
B. Price
C. Process
D. Practice
✅ The correct answer is option D.
Practice is not generally accepted as being part of the extended marketing mix for services. The extended marketing mix is, as the name suggests, an extension of the marketing mix which was traditionally for products.

From this which is NOT a cash outflow for organization

A. depreciation.
B. dividends.
C. interest payments.
D. taxes.
✅ The correct answer is option A.
From this depreciation is NOT a cash outflow for organization. Cash outflow is the amount of cash that a business disburses. Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy.

The forward market is especially well-suited to offer hedging protection against.

A. translation risk exposure
B. transactions risk exposure
C. political risk exposure
D. taxation
✅ The correct answer is option B.
The forward market is especially well-suited to offer hedging protection against transactions risk exposure. Transaction exposure, defined as a type of foreign exchange risk faced by companies that engage in international trade, exists in any worldwide market. It is the risk that exchange rate fluctuations will change the value of a contract before it is settled.

303. What would NOT be a reason for a company to engage in international business?

A. To maximize competitive risk
B. To acquire resources
C. To expand sales
D. To diversify sources of sales and supplies
✅ The correct answer is option A.
To maximize competitive risk would NOT be a reason for a company to engage in international business. International business encompasses all commercial activities that take place to promote the transfer of goods, services, resources, people, ideas, and technologies across national boundaries.

In money markets, excess supply of funds from agents is for

A. past terms
B. future terms
C. long term
D. short term
✅ The correct answer is option D.
In money markets, excess supply of funds from agents is for short term. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.

266. __________ of an organization deals with investigation of organizational strengths and weaknesses by focusing on factors which are relevant to it

A. External analysis
B. Internal analysis
C. Industry analysis
D. Business analysis
✅ The correct answer is option B.
Internal analysis of an organization deals with investigation of organizational strengths and weaknesses by focusing on factors which are relevant to it. An internal analysis is an exploration of your organization’s competency, cost position and competitive viability in the marketplace. Conducting an internal analysis often incorporates measures that provide useful information about your organization’s strengths, weakness, opportunities and threats – a SWOT analysis.

263. _____ software describes the programs that are written for users system.

A. System
B. Application
C. Generalized
D. Specific
✅ The correct answer is option B.
Application software describes the programs that are written for users system. Applications software (also called end-user programs) include such things as database programs, word processors, Web browsers and spreadsheets.