1228. A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget?

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Capital cost of a new collection vehicle
Depreciation of the machinery
Operatives wages
Fuel for the collection Vehicles
✅ The correct answer is B.
A Local Authority is preparing cash Budget for its refuse disposal department. Depreciation of the machinery would not be included in the cash budget. Depreciation is not a cash item and would be excluded from the cash budget.

110. In case goods are manufactured and segregated for specified consumers, the best method for valuation of inventory would be

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FIFO
Simple average
Base stock
Specific identification method
✅ The correct answer is D.
In case goods are manufactured and segregated for specified consumers, the best method for valuation of inventory would be Specific identification method. Specific identification inventory valuation method is a way of keeping track of all items in an inventory individually.

1224. An additional desired compensation by investors for assuming an additional risk on investment is classified as

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risk premium
investor premium
additional premium
assumed premium
✅ The correct answer is A.
An additional desired compensation by investors for assuming an additional risk on investment is classified as risk premium. A risk premium is the return in excess of the risk-free rate of return an investment is expected to yield; an asset’s risk premium is a form of compensation for investors who tolerate the extra risk, compared to that of a risk-free asset, in a given investment.

1239. The virus that are attached with vb and java files are called.

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Macro
Trojan horse
Script virus
None of the above
✅ The correct answer is C.
The virus that are attached with vb and java files are called Script virus. A Script Virus is spread via webpages and has several properties such as being easy to program, malicious, and highly infectious. Even if you are a rookie programmer you can create a new type of Script Virus in a short time.

1238. The price to book value ratio tends to be close for_____________.

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high-tech companies
banks
utilities
service companies
✅ The correct answer is B.
The price to book value ratio tends to be close for banks. Price-to-book value (P/B) is the ratio of market value of a company’s shares (share price) over its book value of equity. The book value of equity, in turn, is the value of a company’s assets expressed on the balance sheet.

1236. Manager who is responsible for investments of company, its costs and revenues is known as

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profit center
investment center
cost center
revenue center
✅ The correct answer is B.
Manager who is responsible for investments of company, its costs and revenues is known as investment center. An investment center is a business unit that can utilize capital to contribute directly to a company’s profitability.