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NEW QUESTION: 1






Answer:
Explanation:

Explanation

NEW QUESTION: 2









A. 0
B. 1
C. 2
D. 3
Answer: C

NEW QUESTION: 3
Oliver owns a computer repair company. He is looking to close of of his departments as the demand for computer cleaning has dropped dramatically in the last 2 years and is no longer profitable.
The contribution margin of the department is £12,000, and the overheads are £23,000 (out of which
£4,000 cannot be eliminated).
How would closing this department impact operating income?
A. Increase operating income by £12,000
B. Decrease operating income by £7,000
C. Increase operating income by £7,000
D. Decrease operating income by £12,000
Answer: C

NEW QUESTION: 4
Section B (2 Mark)
Assume that you purchased 100 shares of ABC in a self directed account and paid a commission on the transaction. Shortly following the purchase, you realize that you momentarily overlooked another 100 shares of ABC that you already owned in another account. Now, the redundant holdings are causing an imbalance in your overall portfolio.
What is your reaction to this situation, in case of Endowment Bias?

A. None of the above
B. II
C. Both of the above
D. I
Answer: D