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Basic of Economics

The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ?

The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ?

A. Open value
B. Book value
C. Real value
D. Artificial value

The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ? Read More »

Basic of Economics, Economics Mcqs

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?

A. Certificates
B. Sureties
C. Security bonds
D. Bond

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ? Read More »

Basic of Economics, Economics Mcqs

What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ?

What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ?

A. Assembly line
B. Production line
C. Both of them
D. None of them

What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ? Read More »

Basic of Economics, Economics Mcqs