Author name: Administrator

492. Protective covenant devised in market to reduce event risk and to control debt cost is classified as

super poison covenant
super poison put
super poison call
super poison redemption
✅ The correct answer is B.
Protective covenant devised in market to reduce event risk and to control debt cost is classified as super poison put. Protective covenant. A part of an indenture or loan agreement that limits certain actions a company may take during the term of the loan to protect the lender’s interests.

494. Cost of previous department is a part of

transferred-in costs
transferred-out costs
FIFO costs
LIFO costs
✅ The correct answer is A.
Cost of previous department is a part of transferred-in costs. Transferred-in costs are costs accumulated during the upstream production processes within a company. Transferred-in costs are the costs accumulated by the product at any given point in production.

473. The shape of PPC is concave due to

Falling opportunity cost between two goods
Rising opportunity cost between two goods
Constant opportunity cost between two goods
None of the above
✅ The correct answer is B.
The shape of PPC is concave due to rising opportunity cost between two goods. Most of the PPF curves are concave due to the inadaptability of the resources. The law of increasing opportunity cost states: as the production of one good rises, the opportunity cost of producing that good increases.
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