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An investor is seeking a low risk, short-term investment. The investor does not require easy access to the funds. Which of the following types of investment would best suit this investor?

A. Government bond
Bank current account
Certificate of deposit
D. Local authority stock

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A company makes 3 products X, Y and Z. The following information is available about the products:There are 2,000 hours of labour available and 2,000 kg of material.In what order of preference will the products be produced for profit to be maximised?

A. X,Y,Z
B. Y,Z,X
C. Z,Y,X
D. X,Z,Y

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Which of the following is an example of planning?

A. Using last year's results to set objectives
B. Reviewing strategic aims following a change in the economic conditions
C. Buying new equipment
D. Using internal reports on past performance to review performance

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Which TWO of the following are reasons for a business to undertake product costing?

A. To assess product profitability
B. To determine how much of a product should be made
C. To decide what price should be charged
D. To determine how much raw material should be purchased

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Production costs of product Z vary depending on the level of activity. Costs recorded at various levels of activity have been as follows:What is the cost of 43 units?

A. $2,400
B. $2,580
C. $3,225
D. $2,451

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An investor is seeking a low risk, short-term investment. The investor does not require easy access to the funds. Which of the following types of investment would best suit this investor?

A. Government bond Bank current account Certificate of deposit D. Local authority stock

A company makes 3 products X, Y and Z. The following information is available about the products:There are 2,000 hours of labour available and 2,000 kg of material.In what order of preference will the products be produced for profit to be maximised?

Which of the following is an example of planning?

Which TWO of the following are reasons for a business to undertake product costing?

Production costs of product Z vary depending on the level of activity. Costs recorded at various levels of activity have been as follows:What is the cost of 43 units?

A. Government bond
Bank current account
Certificate of deposit
D. Local authority stock