800. ______________ marketing is the Internet version of word-of-mouth marketing.

Visceral
Virile
Viral
Virtual
✅ The correct answer is C.
Viral marketing is the Internet version of word-of-mouth marketing. Viral Marketing is that which is able to generate interest and the potential sale of a brand or product through messages that spread like a virus, in other words, quickly, and from person to person. The idea is for it to be the users themselves that choose to share the content.

818. Equity shares were earlier known as __________.

ordinary shares
deferred shares
redeemable shares
irredeemable shares
✅ The correct answer is A.
Equity shares were earlier known as ordinary shares. Equity shares represent the ownership of a company and capital raised by the issue of such shares is known as ownership capital or owner’s funds. They are the foundation for the creation of a company.

72. Which one of the following is NOT true about revenue expenditure?

These are the running expenses of the business
They improve the financial position of the business
They reduce the profit of the concern
They do not appear in the balance sheet
✅ The correct answer is B.
Revenue expenditure does not improve the financial position of the business. Revenue expenditures are typically referred to as ongoing operating expenses.

814. Conversion cost is subtracted from manufacturing overhead cost is to calculate the

manufacturing labour costs
direct labour costs
direct manufacturing labour costs
indirect manufacturing labour costs
✅ The correct answer is C.
Conversion cost is subtracted from manufacturing overhead cost is to calculate the direct manufacturing labour costs. Conversion costs is a term used in cost accounting that represents the combination of direct labor costs and manufacturing overhead costs.

812. Can a complaint be launched against a private insurer?

Complaints can be launched against public insurers only
Yes, complaint can be launched against private insurers
Complaint can be launched against private insurers only in the Life Sector
Complaint can be launched against private insurers only in the Non-Life Sector
✅ The correct answer is B.
Yes, complaints can be lodged against any Insurer both in Public Sector and Private Sector in both Life and Non-Life sectors.

71. The expenses related to the main operations of a business are referred to as

Administration expense
Non-administration expense
Selling expense
Operating expense
✅ The correct answer is D.
The expenses related to the main operations of a business are referred to as Operating expense. The operating expenses refer to the specific costs after gross revenue is defined in the income statement.