MCQOPTIONS
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MCQOPTIONS
This section includes 253 Mcqs, each offering curated multiple-choice questions to sharpen your Avionics knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
The present value of portfolio is $1300 and the current value of stock in portfolio is $2300 then the current option price is |
| A. | $3,600 |
| B. | $1,000 |
| C. | 0.0176 |
| D. | 1.76 times |
| Answer» C. 0.0176 | |
| 152. |
The sales budget variance for operating income is $58000 and the static budget amount is $15000 then flexible budget amount is |
| A. | $43,000 |
| B. | $73,000 |
| C. | $63,000 |
| D. | $53,000 |
| Answer» C. $63,000 | |
| 153. |
When did Flannery O’Connor publish A Good Man Is Hard to Find, and Other Stories? |
| A. | 1955 |
| B. | 1979 |
| C. | 1971 |
| D. | 1969 |
| Answer» B. 1979 | |
| 154. |
In the budgeted fixed overhead rate, the number of machine hours is considered as |
| A. | denominator level |
| B. | numerator level |
| C. | fixed level |
| D. | variable level |
| Answer» B. numerator level | |
| 155. |
The total setup cost is $42000 and fixed setup cost is $17000 then the variable fixed cost is |
| A. | $59,000 |
| B. | $25,000 |
| C. | $15,000 |
| D. | $39,000 |
| Answer» C. $15,000 | |
| 156. |
The sales budget variance is $57000 and the flexible budget amount is $97000 then the static budget amount is |
| A. | $40,000 |
| B. | $154,000 |
| C. | $164,000 |
| D. | $124,000 |
| Answer» B. $154,000 | |
| 157. |
When the business companies started investing with the funds generated internally is a point which shows that |
| A. | cost of loanable funds is high |
| B. | cost of loanable fund is low |
| C. | equilibrium is zero |
| D. | equilibrium is negative |
| Answer» B. cost of loanable fund is low | |
| 158. |
The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate |
| A. | target net cost |
| B. | target net income |
| C. | target net gain |
| D. | target net loss |
| Answer» C. target net gain | |
| 159. |
The gross margin is $2000 and the revenues are $5000 then the cost of goods sold is |
| A. | −$8000 |
| B. | $3,000 |
| C. | −$3000 |
| D. | $8,000 |
| Answer» C. −$3000 | |
| 160. |
For the other non price conditions, the decrease in equilibrium interest rate leads to |
| A. | increase restrictiveness |
| B. | decrease restrictiveness |
| C. | zero restrictiveness |
| D. | negative restriction |
| Answer» B. decrease restrictiveness | |
| 161. |
In overhead cost variance analysis, the fixed overhead does not include |
| A. | efficiency variance |
| B. | unfavorable variance |
| C. | production volume variance |
| D. | favorable variance |
| Answer» B. unfavorable variance | |
| 162. |
The fixed cost is divided by break even revenues to calculate |
| A. | cost margin |
| B. | fixed margin |
| C. | revenue margin |
| D. | contribution margin |
| Answer» E. | |
| 163. |
Which college did Flannery O’Connor attend? |
| A. | St. John’s College |
| B. | Bethany College |
| C. | Georgia State College for Women |
| D. | St. Agnes’ College |
| Answer» D. St. Agnes’ College | |
| 164. |
For the other non price conditions, the increase in equilibrium interest rate leads to |
| A. | zero restrictiveness |
| B. | negative restriction |
| C. | increase restrictiveness |
| D. | decrease restrictiveness |
| Answer» E. | |
| 165. |
In financial planning, the formula MAX[current price of stock-strike price‚0] is used to calculate |
| A. | option return rate |
| B. | exercise value |
| C. | option value |
| D. | stock value |
| Answer» C. option value | |
| 166. |
In chilled shrimp __________ is chiefly responsible for spoilage. |
| A. | Pseudomonas |
| B. | Achromobacter |
| C. | Molds or yeasts |
| D. | Micrococcus or Bacillus species |
| Answer» C. Molds or yeasts | |
| 167. |
The actual quantity of cost allocation base is $56000 and budgeted quantity of cost allocation base is $17000 then variable overhead efficiency variance is |
| A. | $39,000 |
| B. | $49,000 |
| C. | $59,000 |
| D. | $73,000 |
| Answer» B. $49,000 | |
| 168. |
In put call parity relationship, the put option minus call option plus stock is equal to |
| A. | exercise price present value |
| B. | exercise price future value |
| C. | time line value |
| D. | time value of bond |
| Answer» B. exercise price future value | |
| 169. |
When was Flannery O’Connor born? |
| A. | 5/18/1922 12:00:00 AM |
| B. | 3/25/1925 12:00:00 AM |
| C. | 12/30/1915 12:00:00 AM |
| D. | 7/31/1919 12:00:00 AM |
| Answer» C. 12/30/1915 12:00:00 AM | |
| 170. |
The interest rate considering compounding of interest rate and is earned in 12 months is considered as |
| A. | effective annual return |
| B. | ineffective annual return |
| C. | decrease in return |
| D. | increase in return |
| Answer» B. ineffective annual return | |
| 171. |
The monetary expansion increases and there is decrease in equilibrium interest rate then supply curve of funds must shift |
| A. | up and to the left |
| B. | up and to the right |
| C. | down and to the left |
| D. | down and to the right |
| Answer» E. | |
| 172. |
The activity based costing hierarchy includes |
| A. | batch level |
| B. | output unit level |
| C. | facility and product sustaining |
| D. | All of Above |
| Answer» E. | |
| 173. |
The liquidity premium theory, unbiased expectations theory and market segmentation theory are the theories to describe |
| A. | term structure of segmentation |
| B. | term structure of interest rate |
| C. | term structure of premium |
| D. | term structure of inflation |
| Answer» C. term structure of premium | |
| 174. |
The actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000 then variable overhead efficiency variance is |
| A. | $20,000 |
| B. | $76,000 |
| C. | $86,000 |
| D. | $96,000 |
| Answer» B. $76,000 | |
| 175. |
The monetary expansion decreases and there is increase in equilibrium interest rate then supply curve of funds must shift |
| A. | down and to the left |
| B. | down and to the right |
| C. | up and to the left |
| D. | up and to the right |
| Answer» D. up and to the right | |
| 176. |
In binomial approach of option pricing model, the value of stock is subtracted from call option obligation value to calculate |
| A. | current value of portfolio |
| B. | future value of portfolio |
| C. | put option value |
| D. | call option value |
| Answer» B. future value of portfolio | |
| 177. |
The variable overhead flexible budget variance is added to flexible budget amount to calculate |
| A. | actual cost incurred |
| B. | fixed cost incurred |
| C. | variable cost incurred |
| D. | manufacturing cost incurred |
| Answer» B. fixed cost incurred | |
| 178. |
The contribution margin is $34000 and the operating income is $12000 then the degree of operating leverage is |
| A. | 4.84 |
| B. | 2.84 |
| C. | 3.84 |
| D. | 5.84 |
| Answer» C. 3.84 | |
| 179. |
The sales budget variance for operating income is $68000 and the static budget amount is $19000 then flexible budget amount is |
| A. | $47,000 |
| B. | $57,000 |
| C. | $87,000 |
| D. | $97,000 |
| Answer» D. $97,000 | |
| 180. |
The curve representing demand of the funds shifts to the left if economic growth in |
| A. | global market is stagnant |
| B. | global market is not stagnant |
| C. | domestic market is stagnant |
| D. | domestic market is not stagnant |
| Answer» D. domestic market is not stagnant | |
| 181. |
The suppliers, funds consumers, foreign and government intervening intermediaries are classified as participants of |
| A. | financial markets |
| B. | setting interest arte |
| C. | setting compounding rate |
| D. | setting savings rate |
| Answer» B. setting interest arte | |
| 182. |
If the equilibrium interest rate decreases and the curve of funding supplied shifts to the right and downwards then the impact on spending is |
| A. | increase in near term |
| B. | decrease in near term |
| C. | increase in long term |
| D. | decrease in long term |
| Answer» C. increase in long term | |
| 183. |
The variable overhead flexible budget variance is $26000 and the flexible budget amount is $15000 then the actual incurred costs are |
| A. | $21,000 |
| B. | $11,000 |
| C. | $31,000 |
| D. | $41,000 |
| Answer» E. | |
| 184. |
The current value of portfolio is $550 and the to cover the obligation of call option is $200 then the value of stock is |
| A. | $350 |
| B. | 0.0275 |
| C. | $750 |
| D. | 2.75 times |
| Answer» D. 2.75 times | |
| 185. |
When did Flannery O’Connor die? |
| A. | 6/12/1978 12:00:00 AM |
| B. | 1/22/1969 12:00:00 AM |
| C. | 11/5/1984 12:00:00 AM |
| D. | 8/3/1964 12:00:00 AM |
| Answer» E. | |
| 186. |
The actual result is $26000 and the flexible budget amount is $13000 then the flexible budget amount is |
| A. | $39,000 |
| B. | $49,000 |
| C. | $13,000 |
| D. | $15,000 |
| Answer» D. $15,000 | |
| 187. |
In overhead cost variance analysis, the variable overhead does not include |
| A. | favorable volume variance |
| B. | profit volume variance |
| C. | cost volume variance |
| D. | production volume variance |
| Answer» E. | |
| 188. |
The situation in call options in which the strike price is greater than current price of stock is classified as |
| A. | out-of-the-portfolio |
| B. | in-the-portfolio |
| C. | in-the-money |
| D. | out-of-the-money |
| Answer» E. | |
| 189. |
If the equilibrium interest rate decreases with respect to decrease in interest rate, then the movement along the supply of funds curve is |
| A. | upside movement |
| B. | downside movement |
| C. | shift left |
| D. | shift right |
| Answer» C. shift left | |
| 190. |
The budget which calculates the expected revenues and expected costs based on the actual output quantity is classified as |
| A. | flexible budget |
| B. | fixed budget |
| C. | variable budget |
| D. | multiplied budget |
| Answer» B. fixed budget | |
| 191. |
The static budget amount is $9000 and the flexible budget amount is $20000 then the sales volume variance is |
| A. | $29,000 |
| B. | $11,000 |
| C. | $15,000 |
| D. | $10,000 |
| Answer» C. $15,000 | |
| 192. |
The number of units are 5000 and the per unit price is $600 then the flexible budget variable is |
| A. | $5,000,000 |
| B. | $3,000,000 |
| C. | $2,000,000 |
| D. | $1,000,000 |
| Answer» C. $2,000,000 | |
| 193. |
The contribution margin is $25000 and the revenues are $60000 then all the variable costs are |
| A. | −$85000 |
| B. | −$35000 |
| C. | $85,000 |
| D. | $35,000 |
| Answer» E. | |
| 194. |
If the risk of financial security decreases and the supply curve shifts to the right and downwards then the impact on equilibrium of interest rate must |
| A. | positive |
| B. | negative |
| C. | decreases |
| D. | increases |
| Answer» D. increases | |
| 195. |
The flexible budget amount is added to flexible budget variance to calculate |
| A. | static result |
| B. | actual result |
| C. | secondary result |
| D. | primary result |
| Answer» C. secondary result | |
| 196. |
The fixed cost is $25000 and the breakeven revenue is $95000 then the contribution margin is |
| A. | $32 |
| B. | $30 |
| C. | $25 |
| D. | $26.31 |
| Answer» C. $25 | |
| 197. |
The market value of the option which is out-of-money is |
| A. | greater than zero |
| B. | equal to zero |
| C. | lesser than zero |
| D. | equal to one |
| Answer» B. equal to zero | |
| 198. |
The decrease in present value at decreasing rate only when the |
| A. | increase in availability |
| B. | decrease in availability |
| C. | interest rate decrease |
| D. | interest rate increases |
| Answer» E. | |
| 199. |
To create the situation with no shortage of funds, the relationship between funds supplied and the funds demanded must have |
| A. | two way relationship |
| B. | one way relationship |
| C. | direct relationship |
| D. | inverse relationship |
| Answer» E. | |
| 200. |
In the financial planning, the higher strike price leads to call option |
| A. | price is higher |
| B. | rate is lower |
| C. | price is lower |
| D. | rate is higher |
| Answer» D. rate is higher | |