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3164. A stock which is hybrid and works as a cross between debt and common stock is considered as

hybrid stock

common liabilities

debt liabilities

preferred stock

✅ The correct answer is D.
A stock which is hybrid and works as a cross between debt and common stock is considered as preferred stock. Preferred stockholders have a higher claim to dividends or asset distribution than common stockholders.

3165. Rate of return which is asked by investors is classified as

average cost of capital

mean cost of capital

weighted cost of capital

weighted average cost of capital

✅ The correct answer is D.
Rate of return which is asked by investors is classified as weighted average cost of capital. The weighted average cost of capital (WACC) is a calculation of a firm’s cost of capital in which each category of capital is proportionately weighted. All sources of capital, including common stock, preferred stock, bonds, and any other long-term debt, are included in a WACC calculation.

3166. Direct material costs are added into direct manufacturing costs to calculate

discuss costs

prime costs

resale cost

merchandise costs

✅ The correct answer is B.
Direct material costs are added into direct manufacturing costs to calculate prime costs. Direct materials cost the cost of direct materials which can be easily identified with the unit of production.

3167. Direct manufacturing labour costs is added into manufacturing overhead cost to calculate

transaction costs

conversion costs

resale costs

merchandise costs

✅ The correct answer is B.
Direct manufacturing labour costs is added into manufacturing overhead cost to calculate conversion costs. Conversion costs is a term used in cost accounting that represents the combination of direct labor costs and manufacturing overhead costs.

3168. Who can do a nomination under the policy?

Assignor

Assignee

Life Insured

Nominee

✅ The correct answer is C.
Life Insured can do a nomination under the policy. Nomination is the process by which the policyholder appoints a person or persons to receive policy benefits in case of a death claim.

3169. The practice of forging a return address on an e‐mail so that the recipient is fooled into revealing private information is termed?

hacking

cracking

dumpster diving

spoofing

✅ The correct answer is D.
The practice of forging a return address on an e‐mail so that the recipient is fooled into revealing private information is termed as spoofing. A spoofing attack is a situation in which a person or program successfully masquerades as another by falsifying data, to gain an illegitimate advantage.

3153. If the insured gets admitted in a non-network hospital,

He could still avail cashless facility

He would settle hospital bills and would get reimbursed by the insurer

Either A or B

Neither A nor B

✅ The correct answer is B.
If the insured gets admitted in a non-network hospital, he would settle hospital bills and would get reimbursed by the insurer.

3155. In income statement of merchandising costs, period cost includes all costs which are not related to

cost of resale goods

cost of manufacturing goods

timed resale of goods

cost of purchased goods

✅ The correct answer is D.
In income statement of merchandising costs, period cost includes all costs which are not related to cost of purchased goods. The cost of goods purchased is the net cost of merchandise acquired.

3157. In which form, the largest percentage of national income is earned?

Interest income

Proprietor’s income

Employee’ wages

Rental income

✅ The correct answer is C.
In the form of Employee’ wages, the largest percentage of national income is earned.

302. The basic consideration(s) in distinction between capital and revenue expenditure is/are

Nature of business

Effect on revenue generating capacity of the business

Purpose of expenses

All of the above

✅ The correct answer is D.
The basic considerations in distinction between capital and revenue expenditure are Nature of business, Effect on revenue generating capacity of the business and Purpose of expenses.

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