2691. The computations in a computer are performed by __________.

logical unit
memory unit
output unit
control unit
✅ The correct answer is D.
The computations in a computer are performed by control unit. The control unit (CU) is a component of a computer’s central processing unit (CPU) that directs operation of the processor. It tells the computer’s memory, arithmetic/logic unit and input and output devices how to respond to a program’s instructions.

2696. Retention of risk may be done conveniently by

Large corporations
Small companies
Single individuals
None of the three
✅ The correct answer is A.
Retention of risk may be done conveniently by large corporations. The business would be responsible for all costs and damages that occur as the result of a crisis, accident or other unforeseen incident that results in loss. Retention refers to the assumption of risk of loss or damages.

2698. If bond’s call provision is practiced in first year of issuance then an additional payment is classified as

issuance provision
bond provision
call provision
First provision
✅ The correct answer is C.
If bond’s call provision is practiced in first year of issuance then an additional payment is classified as call provision. A call provision is a provision on a bond or other fixed-income instrument that allows the issuer to repurchase and retire its bonds.

2680. Questionnaire method is used for collecting ___________.

secondary data
primary data
small quantity of data
data
✅ The correct answer is B.
Questionnaire method is used for collecting primary data. The questionnaire is the main instrument for collecting data in survey research. Basically, it is a set of standardized questions, often called items, which follow a fixed scheme in order to collect individual data about one or more specific topics. Sometimes questionnaires are confused with interviews.

2681. Cold calling is

Meeting the customers in winter
Meeting the customers when they are suffering from cold
Meeting people unannounced
Meeting the customers after fire has been extinguished
✅ The correct answer is C.
Cold calling is a technique whereby a salesperson contacts individuals who have not previously expressed an interest in the products or services that are being offered.

248. Which one of the following accounting equations is correct?

Assets = Owner’s equity
Assets = Liabilities + Owner’s equity
Assets = Liabilities – Owner’s equity
Assets + Liabilities = Owner’s equity
✅ The correct answer is B.
Assets = Liabilities + Owner’s eq accounting equations is correct. It shows that a company’s total amount of assets equals the total amount of liabilities plus owner’s (or stockholders’) equity.

249. Depreciation is charged on fixed assets to comply with which of the following accounting principle?

Matching concept
Prudence concept
Timeliness concept
Reliability concept
✅ The correct answer is A.
Depreciation is charged on fixed assets to comply with Matching concept which requires that revenues must be matched with associated expenses to get a complete and accurate picture of profit and loss.

2690. Risk on a stock portfolio which cannot be eliminated or reduced by placing it in diversified portfolio is classified as

diversifiable risk
market risk
stock risk
portfolio risk
✅ The correct answer is B.
Risk on a stock portfolio which cannot be eliminated or reduced by placing it in diversified portfolio is classified as market risk. Market risk is the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets in which he or she is involved.