Author name: Administrator

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.

1919. The type of website that is designed to build customer goodwill and to supplement other sales channels rather then sell the company’s products directly is known as a ______________ website.

marketing
click-and-mortar
customer service
corporate
✅ The correct answer is D.
The type of website that is designed to build customer goodwill and to supplement other sales channels rather then sell the company’s products directly is known as a corporate website. The purpose of these sites is to provide information about the company and its products or services.

1920. A good or service for which there are many dealers supplying the same product, and all products in the segment are essentially identical is known as _______.

commodity
core product
actual product
augmented product
✅ The correct answer is A.
A good or service for which there are many dealers supplying the same product, and all products in the segment are essentially identical is known as commodity. A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services.

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.

1908. The return after the pay off period is not considered in case of __________.

Payback period method
Interest rate method
Present value method
Discounted cash flow method
✅ The correct answer is A.
The return after the pay off period is not considered in case of Payback period method. Payback period is the time in which the initial outlay of an investment is expected to be recovered through the cash inflows generated by the investment. It is one of the simplest investment appraisal techniques.

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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