June 2010 - Paper 2

36:  

Which of the following statement is not correct?

A.

P/V ratio can be improved by reducing fixed cost.

B.

Contribution is also known as Gross margin.

C.

P/V ratio can be improved by increasing the selling price.

D.

Margin of safety can be improved by reducing fixed cost.

 
 

Option: B

Explanation :

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37:  

The total area of a normal distribution between average value ± 1.96 of standard deviation is

A.

95.45%

B.

95%

C.

99%

D.

68.34%

 
 

Option: C

Explanation :

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38:  

Road blocking advertisement refers to

A.

Advertising a product by blocking the road.

B.

Creating big blocks for advertising a product.

C.

Advertising a product on multiple TV channels at the same time.

D.

None of the above.

 
 

Option: C

Explanation :

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39:  

Which one of the following purposes is not served by performance evaluation?

A.

Decisions about promotions, transfers and terminations.

B.

Centralisation and decentralisation of decision making authority.

C.

Identification of training and development needs.

D.

Criterion against which selection and development programmes are validated.

 
 

Option: A

Explanation :

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40:  

In balance of payment accounts, all goods exported and imported are recorded in..............

A.

Capital Account

B.

Visible Account

C.

Invisible Account

D.

Merchandise Account

 
 

Option: D

Explanation :

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