Get Advice on Live Video Call
Earn $ Cash $ with
consultations on Bissoy App

Statement I Internal failure costs are generated after the product is dispatched as a result of non-performance to requirements.<br>Statement II External failure costs are generated before the product is dispatched as a result of non-conformance to requirements.<br>Which of the following answer is correct related to above statements being correct or incorrect?

Correct Answer: Both statements are not correct

The 4 costs of quality are external failure costs, internal failure costs, assurance costs and . . . . . . . . costs.

The following are the two statements regarding concept of profit. Which of the statements being correct or incorrect.
Statement I Accounting profit is a surplus of total revenue over and above all paid-out costs, including both manufacturing and overhead expenses.
Statement II Economic or pure profit is a residual left after all contractual costs have been met, including the transfer costs of management, insurable risks, depreciation and payments to shareholders sufficient to maintain investment at its current level.

X contracts to marry Y, being already married to Z, and being forbidden by the law to which he is subject to practise polygamy.
(1) X must pay compensation to Y for the loss caused to her by the nonperformance of his promise.
(2) X is under no obligation to compensate Yunder any law
(3) An agreement to do an act impossible in itself is void
In view of the above:

Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer :

I. The government has decided to make all the information related to primary education available to the general public.
II. In the past, the general public did not have access to all these information related to primary education.

Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer :

I. The university officers have decided to conduct last examination every year in March/April in order to announce the result at proper time.
II. In past the result was declared late by the University due to the lack of number of examiners.

The following two statements are related to value chain analysis. Choose the correct of statements being correct or incorrect.
Statement I This is important for product differentiation and to provide a competitive advantage over the other products.
Statement II There are nine steps process in the creation of a value chain.

The given statements are related to financial derivatives. Choose the correct answer for the statements being correct or incorrect.
Statement I A speculator will gain, if he sells foreign currency under a forward contract, when the spot price is higher than the forward price.
Statement II In currency futures, intra currency spread exists when a speculator buys/sells the same currency for two delivery dates.

Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer :I. Importance of Yoga and exercise is being realized by all sections of the society.II. There is an increasing awareness about health in the society particularly among middle aged of people.

A manufacturer sells three products i.e A, B and C . Product A costs 200 and sells for 250, Product B costs 150 and sells for 180 , product C costs 100 adn sells for 110. On which product, he has maximum percentage of profit?

A manufacturer sells three products i.e A, B and C. Product A costs 200 and sells for 250, Product b costs 150 and sells for 180, product C costs 100 and sells for 110. On which product, he has maximum percentage of profit?