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3284. Which of the following is an argument for the relevance of dividends?

Informational content

Reduction of uncertainty

Some investors’ preference for current income

All of the above.

✅ The correct answer is D.
Informational content, Reduction of uncertainty and Some investors’ preference for current income is an argument for the relevance of dividends.

3285. Stock which has higher correlation with market tend to have

high beta, less risky

low beta, more risky

high beta, more risky

low beta, less risky

✅ The correct answer is C.
Stock which has higher correlation with market tend to have high beta, more risky. High-beta stocks tend to be riskier but provide the potential for higher returns.

314. The three column cash book represents

Real accounts

Nominal accounts

Nominal and personal accounts

Real, personal and nominal accounts

✅ The correct answer is D.
The three column cash book represents Real, personal and nominal accounts. The three column cash book (also known as triple column cash book) has three money columns on both debit and credit side – one on each side for recording discount, cash and bank amounts.

3287. Which of following is an example of revenue center?

sales department

investing center

marketing department

segment department

✅ The correct answer is A.
Sales department is an example of revenue center. A revenue center is a distinct operating unit of a business that is responsible for generating sales.

3288. Abnormal cost is the cost:

Cost normally incurred at a given level of output

Cost not normally incurred at a given level of output

Cost which is charged to customer

Cost which is included in the cost of the product

✅ The correct answer is B.
Abnormal cost is the cost not normally incurred at a given level of output. These costs are not normally incurred at a given level of output in conditions in which normal levels of output occur.

3289. Price of stock that companies observe in financial markets is called

market price

intrinsic price

extrinsic price

fundamental price

✅ The correct answer is A.
Price of stock that companies observe in financial markets is called market price. The market price for goods and services is the current price it can be bought or sold for.

3270. Wage sheet is prepared by ________.

time keeping department

personnel department

payroll department

cost accounting department

✅ The correct answer is C.
Wage sheet is prepared by payroll department. The payroll or wage sheet is a consolidated list of workers, which shows the gross deductions and net wages payable to them.

3274. If the demand for a good is inelastic, an increase in the price of the good will cause the total expenditure of the consumers of the good to

Remain the same

Increase

Decrease

Any of the above

✅ The correct answer is B.
If the demand for a good is inelastic, an increase in the price of the good will cause the total expenditure of the consumers of the good to Increase.

3279. Risk reduction and control involves steps like –

Education and training

Making environmental changes

Spreading out items to various locations

All of the above

✅ The correct answer is D.
Risk reduction and control involves steps like Education and training, Making environmental changes, Spreading out items to various locations, etc.

3281. If direct material cost is $85000 and direct manufacturing labour is $25000, then prime cost would be

$13,500

$55,600

$60,000

$110,000

✅ The correct answer is D.
Prime cost = Direct material cost + Manufacturing labour
= $85000 + $25000 = $110,000

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