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1933. In quantitative analysis of estimating cost function, last and foremost step is to

evaluate variable driver

evaluate cost driver

evaluate price driver

evaluate demand driver

✅ The correct answer is B.
In quantitative analysis of estimating cost function, last and foremost step is to evaluate evaluate cost driver. A cost driver is the unit of an activity that causes the change in activity’s cost.

1935. The return component that gives periodic cash flows to the investor is known as the______________.

capital gain

interest rate

yield

unrealized gain.

✅ The correct answer is C.
The return component that gives periodic cash flows to the investor is known as the yield. Yield is the periodic cash flow (or return on investment in the form of interest or dividends).

1937. Much popular computers are __________.

analog

digital

electronic

log

✅ The correct answer is B.
Much popular computers are digital. Digital computer is the computer which is electrical as well as digital.

1918. Cash receipts is added in to beginning cash balance to calculate

total goods manufactured

total cash available

total revenue

total goods sold

✅ The correct answer is B.
Cash receipts is added in to beginning cash balance to calculate total cash available. A cash receipt is a printed statement of the amount of cash received in a cash sale transaction.

1921. Forth step in process costing system is to

summarize total costs

compute cost for each equivalent unit

summarize flow of output

compute output in units

✅ The correct answer is B.
Forth step in process costing system is to compute cost for each equivalent unit. Process costing is a term used in cost accounting to describe one method for collecting and assigning manufacturing costs to the units produced.

1922. In finance, “working capital” means the same thing as

Total assets

Fixed assets

Current assets

Current assets minus current liabilities.

✅ The correct answer is D.
In finance, “working capital” means the same thing as current assets minus current liabilities. Working capital is the amount of cash a business can safely spend. It’s commonly defined as current assets minus current liabilities.

1923. How can a complaint be launched with an Insurance Ombudsman?

The complaint is to be made in writing

The complaint is to be made orally over the phone

The complaint is to be made orally in case of a face to face manner

The complaint is to be made through newspaper advertisement

✅ The correct answer is A.
The complaint is to be made in writing. Send a written complaint, with supporting documents, to the insurer’s grievance redressal officer, and get an acknowledgement.

1905. The most popular type of auction on eBay is the _________.

Dutch Internet auction

Name Your Own Price auction

English auction

Professional service auction

✅ The correct answer is C.
The most popular type of auction on eBay is the English auction. English auction, also known as an open ascending price auction. This type of auction is arguably the most common form of auction in use today.

1909. As per PML Act, 2002, which came into effect from 2005, money laundering is punishable by

Rigorous imprisonment for 3 – 7 years

Fine of Rs.5 lakhs

Both A & B

None of the above

✅ The correct answer is C.
As per PML Act, 2002, which came into effect from 2005, money laundering is punishable by Rigorous imprisonment for 3 – 7 years and Fine of Rs.5 lakhs.

1911. State the correct statement out of these.

Every pension is a kind of annuity

Every annuity is also a pension

Pension and annuity are one and the same

Every pension is not an annuity

✅ The correct answer is A.
Every pension is a kind of annuity. Annuity is a fixed sum that you get every year to provide for pension.

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