Classical

December 2014 - Paper 3

26:  

The transformation of raw data into a form that will make them easy to understand and interpret, rearranging and manipulating data to generate information is called

A.

Descriptive research

B.

Descriptive analysis

C.

Causal research

D.

Exploratory research

 
 

Option: D

Explanation :


27:  

Pre-acquisition profit in subsidiary company is considered as

A.

Revenue profit

B.

Capital profit

C.

Goodwill

D.

Minority interest

 
 

Option: A

Explanation :


28:  

For promoting sales advertising endeavours may be made as per

I. Competitive parity                                           II. Objective and task

III. Tied sales                                                      IV. All-one-can-Afford

A.

I and II only

B.

II, III and IV only

C.

I, II and IV only

D.

III and IV only

 
 

Option: A

Explanation :


29:  

A flexible budget requires careful study and classification of expenses into

 

A.

Product expenses and period expenses

B.

Past and current expenses

C.

Administrative, selling and factory expenses

D.

Fixed, semi-variable and variable expenses

 
 

Option: D

Explanation :


30:  

Which one of the following is not the purpose of performance-monitoring research?

A.

To provide feedback for evaluation and control.

B.

To indicate things that are not going as planned.

C.

To help the organisation to plan various activities.

D.

It is required to explain why something went wrong.

 
 

Option: D

Explanation :




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