Author name: Administrator

1163. Types of spoilage include

normal spoilage
abnormal spoilage
weighted spoilage
both a and b
✅ The correct answer is D.
Types of spoilage include normal spoilage and abnormal spoilage.
Normal spoilage is the kind of spoilage that happens during the production process that business owners can say is normal and acceptable.
Abnormal spoilage, on the other hand, is spoilage that is beyond the normal point wherein the level is unexpectedly high. It may be due to defective machinery, sub-standard quality of materials, and even incompetent operators.

1164. Specific policy provisions may contain –

Plan and Term
Clause
Rights/Privileges
Policy Number
✅ The correct answer is B.
Specific policy provisions may contain Clause. The clause that contains the basic promise of the life insurance company to pay a specified sum of money to a beneficiary upon the death of the insured.

1165. Relevant information about stock market price if it is given, then this price is called

market price
intrinsic price
extrinsic price
unstable price
✅ The correct answer is B.
Relevant information about stock market price if it is given, then this price is called intrinsic price. Intrinsic value is the perceived or calculated value of an asset, an investment, or a company. The term finds use in fundamental analysis to estimate the value of a company and its cash flows. Another use of intrinsic value is in the amount of profit that exists in an options contract.

1168. What is an intranet that is restricted to an organization and certain outsiders, such as customers and suppliers?

Client/server network
Intranet
Extranet
Thin client
✅ The correct answer is C.
Extranet is an intranet that is restricted to an organization and certain outsiders, such as customers and suppliers. An extranet is a private network that uses Internet technology and the public telecommunication system to securely share part of a business’s information or operations with suppliers, vendors, partners, customers, or other businesses.

1169. Cyber slacking consists of what activities?

Visiting “inappropriate” web sites
Visiting news sites
Chatting online with others about non‐work topics
All of the above
✅ The correct answer is D.
Cyber slacking consists of Visiting “inappropriate” web sites, Visiting news sites and Chatting online with others about non‐work topics.

1170. Owning two securities instead of one will not reduce the risk taken by an investor if the two securities are______________.

perfectly positively correlated with each other
perfectly independent of each other
perfectly negatively correlated with each other
of the same category, eg blue chips
✅ The correct answer is A.
Owning two securities instead of one will not reduce the risk taken by an investor if the two securities are perfectly positively correlated with each other. The term “security” is a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock a creditor relationship with a governmental body or a corporation represented by owning that entity’s bond or rights to ownership as represented by an option.

1174. Which function is regarded as the essence of management?

Planning
Organizing
Staffing
Co-ordination
✅ The correct answer is D.
Co-ordination is regarded as the essence of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.
Scroll to Top