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Questions in business
📝 Answered - List 3 things that you should consider when choosing a career.
📝 Answered - Director of a company is liable for which of the following? a. Employee fraud b. Misuse of funds by executives c. Loss of goods Both b & c Only c Both a & b Only b
📝 Answered - Rajan and Rajani are partners in a firm. Their capitals were Rajan ₹ 5,00,000, Rajani ₹ 2,00,000. During the year 2025, the firm earned a profit of ₹ 1,50,000. Calculate the value of goodwill of the firm assuming that the normal rate of return is 20%?
📝 Answered - The Menu Production Review Board should meet at what minimum periodicity? A) Monthly B) Annually C) Bi-monthly D) Semi-annually
📝 Answered - The charge for using money over time, often associated with long-term loans, is known as: A. distribution charge B. cash dividend C. preferred dividend D. interest E. principal
📝 Answered - 1.3.1 Selling goods in a foreign market at prices that are below the cost of production in the country of origin. 1.3.2 Government policy of encouraging domestic producers by means of incentives and facilities to increase their output. 1.3.3 Total reduction in the total tax payable. 1.3.4 Money paid to businesses to decrease their cost of production. 1.3.5 A ban on the import of goods or services. 1.3.6 Charging very low prices that are below the cost of production. 1.3.7 Increased output at lower cost. 1.3.8 Trade agreements that lay down the rules governing the level of trade. 1.3.9 The organization that replaced GATT and promotes the reduction of all trade barriers. 1.3.10 Goods that were previously imported are replaced with locally produced goods.
📝 Answered - Antonio wants to choose a career path in which he would earn a median income of at least $20,000. He wants on-the-job training in a field projected to increase total employment by 2016. Based on the table above, which of the listed career choices matches his goals? A. Telemarketer B. Security guard C. Real estate broker D. None of these
📝 Answered - What is the present value (PV) of 12,000 to be received in 5 years, assuming a discount rate of 8% compounded annually?
📝 Answered - Question 18: "Interchange fee" in Merchant Acquiring Business means: A) The incentive paid by the Acquirer Bank to the Card Issuer Bank B) The incentive paid by the Issuer Bank to the Card Acquirer Bank C) The incentive paid by the Acquirer Bank to the Merchant D) The incentive paid by the Merchant to the Acquirer Bank Question 19: Acquirer in Merchant Acquiring Business means: A) Bank issuing the card B) Bank installing the POS C) Customer acquiring goods D) Merchant acquiring payment Question 20: Which of the following is one of the benefits to Card Holder under Merchant Acquiring Business? A) Need not carry cash B) Need not carry card C) No need for card limit / balance D) No need to go personally
📝 Answered - When does a life insurance policy typically become effective? A. When the policy is issued B. When the completed application is signed and initial premium is collected C. When initial premium is collected and policy is issued D. When the application is completed and signed
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