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Questions in business

[Free] Which document is NOT typically included in a ratification package?

[Free] What does a "contingency" in an estimate represent? A. Unexpected direct costs B. Funding for labor costs C. Allowances for uncertainties and risks D. Costs that are unnecessary but included as protection

[Free] Which of the following laws covers price discrimination? A. Robinson-Patman Act B. Clayton Act C. Both the Robinson-Patman Act and the Clayton Act cover price discrimination. D. Neither the Robinson-Patman Act nor the Clayton Act cover price discrimination.

[Free] The budgeted overheads and cost driver volumes of XYZ Ltd. are as follows: | Cost pool | Budgeted overhead (₹) | Cost driver | Budgeted Volume | |-------------------|-----------------------|-------------------|-----------------| | Material procured | 56,000 | No. of orders | 100 | | Material handling | 24,000 | No. of movements | 60 | | Machine Setups | 40,000 | No. of Setups | 50 | | Maintenance | 60,000 | Maintenance hours | 30 | | Quality control | 20,000 | No. of Inspections| 40 | The company has produced a batch of 200 components of product 'X'. The material cost was ₹50,000 and labour cost of ₹80,000. The usage activities of the said batch are as follows: a) Material orders -> 10 b) Maintenance hours -> 300 c) Material movements -> 12 d) Inspections -> 16 e) Machine Setups -> 14 Calculate cost driver rates and ascertain the cost of the batch of component of product 'X' using Activity Based costing.

[Free] An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: (A) 2,000 (B) 500 (C) 100 (D) 1,000 (E) 800

[Free] Kavita has been assigned the task of studying the average customer receipt for a branch of a major restaurant chain. The average receipt for the chain is $[tex]$72.00$[/tex] with a standard deviation of $[tex]$11.00$[/tex]. The branch she is studying has an average bill of $[tex]$67.00$[/tex] for the last 40 receipts. She needs to know if this falls below the chain's average. She will use a 1% level for significance because she does not want to inadvertently report the restaurant's income as below average. Which choice depicts the result for Kavita's hypothesis test? A. She should reject [tex]$H _0: \mu=72$[/tex] and accept [tex]$H _{ a }: \mu< 72$[/tex]. B. She should reject [tex]$H _0: \mu=72$[/tex] and accept [tex]$H _{ a }: \mu \neq 72$[/tex]. C. She should accept [tex]$H _0: \mu=72$[/tex] and reject [tex]$H _{ a }: \mu \neq 72$[/tex]. D. She should reject [tex]$H _{ a }: \mu< 72$[/tex] but cannot accept [tex]$H _0: \mu=72$[/tex].

[Free] A work breakdown structure: Choose the INCORRECT answer A. Makes it impossible to plan, schedule and budget for a project B. Points to problems and ensures that they are quickly addressed C. Defines communication channels D. Assists in understanding and coordinating many parts of the project

[Free] Which of the following is the best thing to consider when making comparisons between job offers? a. gross pay b. total employee benefits c. total job benefits d. total employment compensation

[Free] 12) In Tally Prime, which of the following options must be enabled from the GSTR-1 to get the tax values in a separate column? a) Show tax types in separate columns b) Show break-up of net values c) Show HSN/SAC summary d) Format of report 13) While recording the purchase transactions of GST, the GST - Tax Analysis can be viewed by clicking on which of the following options in Tally Prime? a) F:10 Other voucher b) L: optional c) H: change mode d) I: More details 14) Under the GST regime, is a GST annual return form. a) GSTR-9 b) GSTR-3B c) GSTR-2 d) GSTR-1 15) Under the GST tax regime, which of the following taxes are applicable for Interstate Inward supplies? a) Central Tax and State Tax b) State Tax only c) Central Tax only d) Integrated Tax 16) Under the GST regime, the full form of HSN is a) Harmonized system of Numbers b) Harmonized system of Service Code c) Harmonized system of Nomenclature d) Harmonized system of Accounting Code 17) Under the GST regime, which of the following form is used for GST Annual Return? a) GSTR-1 b) GSTR-5 c) GSTR-3B d) GSTR-9

[Free] An investor is considering 3 securities R, C, and B. The details are as follows: | Security | Return (r %) | Probability | |----------|--------------|-------------| | R | 13.4 | 0.3 | | | 14.6 | 0.5 | | | 16.8 | 0.2 | | C | 9.4 | 0.2 | | | 12.6 | 0.3 | | | 15.1 | 0.3 | | | 20.5 | 0.1 | | B | -5 | 0.15 | | | 6 | 0.25 | | | 11.4 | 0.5 | Find: a) Which security should be chosen for investment? b) What is the return an investor earns if he invests 50% of his funds in security R, 30% in C, and the balance in B?