656. Support department cost allocation method which makes no difference between variable and fixed costs is classified as

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sales mix allocation method
dual-rate cost-allocation method
single rate cost allocation method
quantity variance allocation method
✅ The correct answer is C.
Support department cost allocation method which makes no difference between variable and fixed costs is classified as single rate cost allocation method. The single-rate cost-allocation method makes no distinction between fixed costs and variable costs in the cost pool.

644. Which of the following method of wage payment is most suitable where the speed of production is beyond the control of worker?

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Time rate system
Piece rate system
Halsey premium system
Rowan premium plan
✅ The correct answer is A.
Time rate system method of wage payment is most suitable where the speed of production is beyond the control of worker. The time rate system is that system of wage payment in which the workers are paid on the basis of time spent by them in the factory.

606. In binomial approach of option pricing model, value of stock is subtracted from call option obligation value to calculate

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current value of portfolio
future value of portfolio
put option value
call option value
✅ The correct answer is A.
In binomial approach of option pricing model, value of stock is subtracted from call option obligation value to calculate current value of portfolio. It is referred to as mark-to-market and involves multiplying the current share price of the stock by the number of shares owned and summing these values for a total portfolio value.

600. Markets dealing with residential loans, industry real estate loans, agricultural loans and commercial loans are called

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residential markets
mortgage markets
agriculture markets
commercial markets
✅ The correct answer is B.
Markets dealing with residential loans, industry real estate loans, agricultural loans and commercial loans are called mortgage markets. The mortgage market can seem complicated to the uninitiated. The fact is that it is not as complicated as it is ever-changing. Most people have no idea how the market works. By understanding this, you will get a better idea about mortgage programs that are offered by certain lenders. Armed with this new information, you can make an informed decision in your quest for the perfect mortgage.