Economics MCQs

Page No. 427

In the context of contracts, what refers to secret payments made to ensure that the contract goes to a specific firm ?


akickback

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b Commission

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c Bribe

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d Graft

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View Answer kickback

A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?


aDemand draft

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bDraft

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c Invoice

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dBill of Intent

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View Answer Invoice

A company’s first sale of stock to the public is called ?


aPublic Offering

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b First Public Offering

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cInitial Public Offering (IPO)

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dGoing Public

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Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?


a Mother company

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bFather company

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cHolding company

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d joint company

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View Answer Holding company

Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains ?


a Common fund

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bStock fund

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c Growth fund

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dCapital growth fund

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View Answer Growth fund

Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?. Golden bonus


a. Golden bonus

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bGolden shake hand

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cFriendly handshake

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dGolden handshake

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View Answer Golden handshake

A country’s fundamental system of transportation, communications, and other aspects of its physical capabilities are called ?


aInfrastructure

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b Basic structure

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cFundamentals

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dBasic infrastructure

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View Answer Infrastructure

What is called the acquisition abroad of physical assets with operating control that resides in parent corporation ?


aFixed Direct Investment

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bRemote Foreign Investment

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cForeign Investment

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dRemote Foreign Investment

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What is called a country’s decision to allow its currency value to change freely?


aPegged exchange rate

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bFloating exchange rate

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cLiberal exchanged rate

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dOpen exchange rate

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A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?


aUnmovable asset

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b Fixed property

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cProduction line

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dFixed asset

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View Answer Fixed asset

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