1472. Transfer through institutions such as mutual funds or banks are classified as

non-financial intermediary
financial intermediary
savers intermediary
discounted intermediary
✅ The correct answer is B.
Transfer through institutions such as mutual funds or banks are classified as financial intermediary. A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction, such as a commercial bank, investment banks, mutual funds and pension funds.

1469. FIFO is ________.

Fast Investment in Future Order
First In First Out
Fast In Fast Out
Fast Issue Of Fast Order
✅ The correct answer is B.
“FIFO” stands for first-in, first-out, meaning that the oldest inventory items are recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold. In other words, the cost associated with the inventory that was purchased first is the cost expensed first.

1467. Second step in determining efficient portfolios is to consider efficient subset from set of

attainable portfolios
unattainable portfolios
attributable portfolios
non-attributable portfolio
✅ The correct answer is A.
Second step in determining efficient portfolios is to consider efficient subset from set of attainable portfolios. The feasible, or attainable, set represents all portfolios that can be constructed from a given set of stocks. This set is only efficient for part of its combinations. An efficient portfolio is that portfolio which provides the highest expected return for any degree of risk.

127. Which of the following items of balance sheet are useful in evaluating a company’s liquidity?

Current assets and other assets
Current liabilities and current assets
Current liabilities and plant and equipment
In current liabilities and other assets
✅ The correct answer is B.
Current liabilities and current assets items of balance sheet are useful in evaluating a company’s liquidity.