size
profit
sales
Demand
✅ The correct answer is A.
Nature of the product is the vital factor,which influences the size of the units.
Nature of the product is the vital factor,which influences the size of the units.
685. A member of a company is __________.
Promoter
Registered shareholder
Director
Broker
✅ The correct answer is B.
A member of a company is Registered shareholder. A shareholder is a person who buys and holds shares in a company having a share capital. They become a member once their name is entered on the register of members.
A member of a company is Registered shareholder. A shareholder is a person who buys and holds shares in a company having a share capital. They become a member once their name is entered on the register of members.
683. Constant growth rate is 8% and an expected dividend yield is 5.4% then expected rate of return would be
-3.40%
3.40%
13.40%
-13.40%
✅ The correct answer is C.
Expected rate of return = Constant growth rate + Expected dividend yield
= 8% + 5.4% = 13.40%.
Expected rate of return = Constant growth rate + Expected dividend yield
= 8% + 5.4% = 13.40%.
65. Interest on debentures is calculated on
Purchase value of debentures
Market value of debentures
Face value of debentures
All of the above
✅ The correct answer is C.
Interest on debentures is calculated on Face value of debentures. This interest amount is paid periodically, generally yearly or half-yearly. The interest is a charge against the profit of the company.
Interest on debentures is calculated on Face value of debentures. This interest amount is paid periodically, generally yearly or half-yearly. The interest is a charge against the profit of the company.
681. Second step, in constant gross margin percentage NRV method, to allocate joint cost is to compute
allocated joint costs
cost of split off point
Gross margin percentage
total production cost of each product
✅ The correct answer is D.
Second step, in constant gross margin percentage NRV method, to allocate joint cost is to compute total production cost of each product.
Second step, in constant gross margin percentage NRV method, to allocate joint cost is to compute total production cost of each product.
700. Process of calculating future value of money from present value is classified as
compounding
discounting
money value
stock value
✅ The correct answer is A.
Process of calculating future value of money from present value is classified as compounding. Compounding is the process in which an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.
Process of calculating future value of money from present value is classified as compounding. Compounding is the process in which an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.
699. Future value of interest if it is calculated once a year is classified as
One time compounding
annual compounding
semi-annual compounding
monthly compounding
✅ The correct answer is B.
Future value of interest if it is calculated once a year is classified as annual compounding. Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is “worth” at a specified time in the future assuming a certain interest rate, or more generally, rate of return; it is the present value multiplied by the accumulation function.
Future value of interest if it is calculated once a year is classified as annual compounding. Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is “worth” at a specified time in the future assuming a certain interest rate, or more generally, rate of return; it is the present value multiplied by the accumulation function.
698. The optimal portfolio is the efficient portfolio with the______________.
lowest risk
highest risk
highest utility
least investment
✅ The correct answer is C.
The optimal portfolio is the efficient portfolio with the highest utility. Portfolio optimization is the process of selecting the best portfolio, out of the set of all portfolios being considered, according to some objective.
The optimal portfolio is the efficient portfolio with the highest utility. Portfolio optimization is the process of selecting the best portfolio, out of the set of all portfolios being considered, according to some objective.
697. If budgeted total direct labour hours are 5500 and budgeted direct labour cost is $755000, then budgeted direct labour cost rate is
$138 per labour hour
$137.27 per hour
$140 per labour hour
$142 per labour hour
✅ The correct answer is B.
Budgeted direct labour cost = Budgeted direct labour cost ÷ Budgeted total direct labour hours
= $755000 ÷ 5500 = $137.27 per hour
Budgeted direct labour cost = Budgeted direct labour cost ÷ Budgeted total direct labour hours
= $755000 ÷ 5500 = $137.27 per hour
696. Which one is the third party payment providers who offer digital wallets for E‐merchants?
Oxicash
PayMate
PayPass
All the above
✅ The correct answer is D.
Oxicash, PayMate and PayPass is the third party payment providers who offer digital wallets for E‐merchants.
Oxicash, PayMate and PayPass is the third party payment providers who offer digital wallets for E‐merchants.