December 2009 - Paper 2

41:  

Land is not depreciable asset because

A.

Its value always increases

B.

There is no maintenance required

C.

Life of land is unlimited

D.

None of the above

 
 

Option: C

Explanation :

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42:  

Probability of rejecting the null hypothesis when it is true, is called

A.

Type-II-error

B.

Type-I-error

C.

Standard error

D.

None of these

 
 

Option: B

Explanation :

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43:  

A product line strategy wherein a company adds a higher priced product to a line in order to attract a broader market which helps the sale of its existing lower priced products is called

A.

Trading up

B.

Trading down

C.

Life cycle extension

D.

Product line extension

 
 

Option: D

Explanation :

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44:  

PIP test seeks to measure

A.

IQ

B.

Personality, Interest and Preferences

C.

Quality of a product

D.

Preferred Investment Plans

 
 

Option: B

Explanation :

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45:  

Which of the country's banking have been brought under "Sanctions by U.S.A. recently"?

A.

Iraq

B.

North Korea

C.

Pakistan

D.

Iran

 
 

Option: D

Explanation :

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