Author name: Administrator

2087. PBX stands for __________.

Private Book Exchange
Private Branch Exchange
Private Block Exchange
Private Business Exchange
✅ The correct answer is B.
PBX stands for Private Branch Exchange, which is a private telephone network used within a company or organization.

2094. A(n) _________ represents data as two-dimensional tables with records organized in rows and attributes in columns.

database management system
data warehouse
SQL query
relational database
✅ The correct answer is D.
A relational database represents data as two-dimensional tables with records organized in rows and attributes in columns. A relational database is a set of formally described tables from which data can be accessed or reassembled in many different ways without having to reorganize the database tables.

2096. The method in which issue prices of material is computed by dividing total purchase cost of material in stock with total quantity in stock ________.

Simple average method
weighted average method
periodical average method
periodic simple average method
✅ The correct answer is B.
The method in which issue prices of material is computed by dividing total purchase cost of material in stock with total quantity in stock weighted average method. Under this method weighted average price is calculated by dividing the total cost of material purchased during the accounting period, in which the material to be priced is used by the total quantity of material purchased during that period.

2097. Yash pays health insurance premiums for himself, his wife and his two children aged 13 and 8. Premiums for which of these individuals will qualify as deductible from Yash’s taxable income?

Yash only
Yash and his wife only
Yash, his wife and his oldest child
Yash, his wife and both his children
✅ The correct answer is D.
Yash pays health insurance premiums for himself, his wife and his two children aged 13 and 8. Premiums for Yash, his wife and both his children will qualify as deductible from Yash’s taxable income.

2082. Which of the following methods does a firm resort to avoid dividend payments?

Share splitting
Declaring bonus shares
Rights issue
New issue
✅ The correct answer is B.
Declaring bonus shares methods does a firm resort to avoid dividend payments. Bonus shares are shares distributed by a company to its current shareholders as fully paid shares free of charge. to capitalise a part of the company’s retained earnings.
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