Question 1

Bishops Financial Services has outsourced its HR Department to Resources4U.

Which of the following is most likely to be considered when deciding to outsource parts of the business to another company?

Options :

A : Resources4U-s lack of business history

B : The cost of increasing the number of staff on the payroll

C : The small size of Bishops Financial Services as a business

D : The possibility of contract renegotiation at a future date

Answer: A

Question 2

Which of the following is a feature of nol-for-profit organisations (NFPs)?

Options :

A : They have restricted flows of income

B : They sometimes have shareholders

C : Their objectives can vary greatly

D : They use resources inefficiently

Answer: C

Question 3

Which global financial institution is responsible for making long term loans to assist developing countries to invest and develop?

Options :

A : The IMF

B : The World Bank

C : The World Trade Organization

D : The G20

Answer: B

Question 4

Which ONE of the following is NOT required in calculating the EPS of ABC plc?

Options :

A : The market price of ABC-s share

B : The number of shares ABC has in issue

C : The most recent earnings after interest and tax of ABC

D : The dividend payment made to holders of preference shares

Answer: A

Question 5

All of the following would lead to fall in the circular flow of national income except which one ?

Options :

A : A fall in business investment

B : A fall in personal savings rates

C : A reduction in the level of government expenditure

D : A rise in the marginal propensity to save

Answer: D