JUNE 2013 - Paper 3

41:  

Given below are two statements, one labeled as Assertion (A) and the other labelled as Reason (R).

Assertion (A) : Only the relevant costs should be taken into consideration for decisionmaking.

Reason (R) : All variable costs are relevant costs and all fixed costs are irrelevant costs.

In the above two statements, which one alternative of the following is correct?

A.

Both (A) and (R) are correct.

B.

Only (A) is correct, but (R) is wrong.

C.

Only (R) is correct, but (A) is wrong.

D.

Both (A) and (R) are wrong.

 
 

Option: B

Explanation :

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42:  

Which statistical test should be applied to test the effectiveness of 'special coaching' on the marks scored by the students?

A.

Paired 't' test

B.

'Chi-square' test

C.

'Z' test

D.

'F' test

 
 

Option: A

Explanation :

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43:  

Which segmentation approach is the most compatible with the spirit of the marketing concept?

A.

Benefit sought

B.

Income

C.

Social class

D.

Family size

 
 

Option: A

Explanation :

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44:  

The degree to which the returns of the two securities change together, is reflected by

A.

Correlation

B.

Leverage

C.

Covariance

D.

Beta

 
 

Option: C

Explanation :

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45:  

Technique of 'Transaction Analysis' was developed by

A.

Elton Mayo

B.

Peter Drucker

C.

Eric Berne

D.

Adam Smith

 
 

Option: C

Explanation :

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