1276. Markets which bring closer institutions needing funds and with surplus funds are classified as

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financial markets
corporate institutions
hedge firms
retirement planners
✅ The correct answer is A.
Markets which bring closer institutions needing funds and with surplus funds are classified as financial markets. A financial market is a broad term describing any marketplace where trading of securities including equities, bonds, currencies, and derivatives occur.

1274. Spread of over allocated overhead and under allocated overhead among work in process, finished goods and goods sold cost is classified as

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proration approach
appreciation approach
depreciation approach
adjusted approach
✅ The correct answer is A.
Spread of over allocated overhead and under allocated overhead among work in process, finished goods and goods sold cost is classified as proration approach.

1272. Demand for final consumption arises in

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Household sector only
Government sector only
Both household and government sector
Neither household nor government sector
✅ The correct answer is C.
Demand for final consumption arises in both household and government sector. In the basic two- sector circular flow of income model, the economy consists of two sectors: (1) households and (2) firms.

1267. Direct labour means ________.

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labour which can be conveniently associated with aparticular cost unit
labour which completes the work manually
permanent labour in the production department
labour which is recruited directly and not through contractors
✅ The correct answer is A.
Direct labour means labour which can be conveniently associated with aparticular cost unit. Direct Labour cost consists of wages paid to workers directly engaged in manufacturing or handling a product, job or process.

1265. International investing is________________.

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is only practical for institutional investors
increases the overall risk of a stock portfolio
always leads to higher returns than a domestic portfolio
can reduce risk due to increased diversification
✅ The correct answer is C.
International investing is always leads to higher returns than a domestic portfolio. International investing is an investing strategy that involves selecting global investment instruments as part of an investment portfolio.

1264. Which is NOT a cause of shift in cost curves of a firm?

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Excise tax
Prices of inputs
Increase in productivity
Price of product
✅ The correct answer is D.
Price of product is not a cause of shift in cost curves of a firm. Cost curves shift in response to changes in two factors: If a technological change results in the firm using more capital, the average fixed cost curve shifts upward and at low levels of output, the average total cost curve may shift upward. At large output levels, average total cost decreases.