114. Heavy amount spent for the advertisement of new company product is

by
Revenue expenditure
Deferred Revenue expenditure
Capital expenditure
Either ‘a’ or ‘c’
✅ The correct answer is B.
Heavy amount spent for the advertisement of new company product is Deferred Revenue expenditure. Deferred Revenue Expenditure is an expenditure which is revenue in nature and incurred during an accounting period, but its benefits are to be derived in multiple future accounting periods.

1257. cost object user, who is ranked first in incremental cost allocation method is known as

by
First incremental user
primary user
secondary user
second incremental user
✅ The correct answer is B.
cost object user, who is ranked first in incremental cost allocation method is known as primary user. The term primary user describes someone who interacts with a system. The primary user is in direct contact with the system interface and thus is usually most affected by it.

1255. The communication standard for sharing business documents and settlement information that emerged in the 1970s is called__________.

by
ECD
EDI
IDE
BCB
✅ The correct answer is B.
The communication standard for sharing business documents and settlement information that emerged in the 1970s is called EDI. Electronic data interchange is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices.

1253. An average inflation rate which is expected over life of security is classified as

by
inflation premium
off season premium
nominal premium
required premium
✅ The correct answer is A.
An average inflation rate which is expected over life of security is classified as inflation premium. An inflation premium is the part of prevailing interest rates that results from lenders compensating for expected inflation by pushing nominal interest rates to higher levels. Key points : Investors seek this premium to compensate for the erosion in the value of their capital due to inflation.

1249. Default free financial security sells by U.S treasury is classified as

by
U.S treasury bills
commercial paper
certificate of deposit
mutual funds
✅ The correct answer is A.
Default free financial security sells by U.S treasury is classified as U.S treasury bills. A Treasury Bill (T-Bill) is a short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less.

1247. Total costs in the short-term are classified into fixed costs and variable costs. Which one of the following is a variable cost?

by
Cost of raw material
Cost of equipment
Interest payment on past borrowing
Payment of rent on buildings
✅ The correct answer is A.
Total costs in the short-term are classified into fixed costs and variable costs. Cost of raw material is a variable cost. Variable costs vary based on the amount of output, while fixed costs are the same regardless of production output.