Author name: Administrator

1515. Periodic rate if it is multiplied with per year number of compounding periods is called

extrinsic rate of return
intrinsic rate of return
annual rate of return
nominal annual rate
✅ The correct answer is D.
Periodic rate if it is multiplied with per year number of compounding periods is called nominal annual rate. The nominal interest rate is the interest rate before taking inflation into account, in contrast to real interest rates and effective interest rates.

1516. A technique which minimizes sum of squared vertical difference, to determine regression line is considered as

negative square technique
positive square technique
least square technique
most square technique
✅ The correct answer is C.
A technique which minimizes sum of squared vertical difference, to determine regression line is considered as least square technique. The least squares method is a form of mathematical regression analysis that finds the line of best fit for a set of data, providing a visual demonstration of the relationship between the data points.

1518. Planning and control are _________ functions of an office.

informative
administrative
public
private
✅ The correct answer is B.
Planning and control are administrative functions of an office. Organizing the office on modem lines involves performing the management functions of planning, organizing, directing and controlling. In other words, the office work must be properly planned, organized and then executed according to the plan.

1519. Inter process profits are ________.

credited to each process a/c
debited to respective process a/c
shown only in the finished stock a/c
shown in the balance sheet
✅ The correct answer is B.
Inter process profits are debited to respective process a/c. Inter process profit represents the value added to the output over its cost, while being transferred from one process to another. Since the value addition is without incurring any cost, it would amount to or result in an amount of profit equal to the value addition.

1520. The most widely used encryption standard is ______.

Advanced Encryption Standard (AES)
Data Encryption Standard (DES)
Universal Encryption Standard (UES)
Optimal Encryption Standard (OES)
✅ The correct answer is A.
The most widely used encryption standard is Advanced Encryption Standard (AES). The Advanced Encryption Standard, or AES, is a symmetric block cipher chosen by the U.S. government to protect classified information and is implemented in software and hardware throughout the world to encrypt sensitive data.

1521. Difference between budgeted amounts and actual results is classified as

standard deviation
variances
mean average
weighted average
✅ The correct answer is B.
Difference between budgeted amounts and actual results is classified as variances. Variance is a measurement of the spread between numbers in a data set. The variance measures how far each number in the set is from the mean.

1523. Bonds issued by small companies tend to have

high liquidity premium
high inflation premium
high default premium
high yield premium
✅ The correct answer is A.
Bonds issued by small companies tend to have high liquidity premium. Liquidity premium is a premium demanded by investors when any given security cannot be easily converted into cash for its fair market value. When the liquidity premium is high, the asset is said to be illiquid, and investors demand additional compensation for the added risk of investing their assets over a more extended period since valuations can fluctuate with market effects.

135. Salaries paid in advance should be shown on

Asset side of the Balance sheet
Liability side of the Balance sheet
Credit side of the Trading account
All of the above
✅ The correct answer is A.
Salaries paid in advance should be shown on Asset side of the Balance sheet. An advance paid is recorded as a current asset in the company’s balance sheet.
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