63. Collection of net income, amortization and depreciation is divided by common shares outstanding to calculate

by
A) cash flow of financing activities
B) cash flow per share
C) cash flow of investment
D) cash flow of operations
✅ ANSWER: B
Collection of net income, amortization and depreciation is divided by common shares outstanding to calculate cash flow per share. Cash flow per share can be calculated by dividing cash flow earned in a given reporting period (usually quarterly or annually) by the total number of shares outstanding during the same term. Because the number of shares outstanding can fluctuate, a weighted average is typically used.

57. An annual estimated costs of assets uses up every year are included

by
A) depreciation and amortization
B) net sales
C) net profit
D) net income
✅ ANSWER: A
An annual estimated costs of assets uses up every year are included depreciation and amortization. Depreciation represents the cost of capital assets on the balance sheet being used over time, and amortization is the similar cost of using intangible assets like goodwill over time.

55. What is the use of physical characteristics — such as your fingerprint, the blood vessels in the retina of your eye, the sound of your voice, or perhaps even your breath — to provide identification?

by
A) Backup
B) Anti‐virus
C) Firewall
D) Biometrics
✅ ANSWER: D
Biometrics is the use of physical characteristics — such as your fingerprint, the blood vessels in the retina of your eye, the sound of your voice, or perhaps even your breath — to provide identification.

53. Who markets personal pension products?

by
A) Employers
B) IRDA
C) General Insurers
D) Life Insurers
✅ ANSWER: D
Life Insurers markets personal pension products. Personal pensions (also known as “private pensions”) are long-term savings products that individuals contribute to on a voluntary basis, complementing state and workplace pensions. They have a role to play in linking long-term savers with long-term investment opportunities.

44. Markets in which corporations raise capital for creating market transaction which are classified as

by
A) commercial markets
B) residential markets
C) primary markets
D) consumer credit loans
✅ ANSWER: C
Markets in which corporations raise capital for creating market transaction which are classified as primary markets. The primary market is where securities are created. It’s in this market that firms sell (float) new stocks and bonds to the public for the first time. An initial public offering, or IPO, is an example of a primary market.