Tag: social science

Quizzes (684) Questions (1162)

Questions Related to social science

Multiple choice social science the government budget and taxation family budget prices and cost of living economic sources

Usually the production budget is stated in terms of ___________.

  1. Money

  2. Quantity

  3. Both of these

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A business may need to revise a budget continuously for the length of time it takes to complete a short-term project. If a business undertakes an expansion that requires three years to complete, it may need recurrent budget revisions during this time to meet short-term goals. Afterwards, the company may go back to a more fixed budget with long-term goals. In addition, a company that introduces a new product may need to continually revise the budget until actual figures for production costs and sales income is substantiated.

Multiple choice social science the government budget and taxation family budget prices and cost of living economic sources

Revision of budget is _________.

  1. Unnecessary

  2. Can't determine

  3. Necessary

  4. Inadequate data
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A company requires a particular budget that details categories of revenue and expenditures relevant to the particular business enterprise. Although most companies create budgets for a one-year period, ongoing evaluations regularly give the business more leeway in making adjustments as needed. Businesses utilize a budget revision process to trim excess spending, re-allocate revenues and make allowances for unexpected or uncommon expenses.

Multiple choice social science the government budget and taxation family budget prices and cost of living economic sources

Which of these is a financial economy of scale _______________.

  1. reduction in the cost of borrowing with the increase in capital outlay for expansion.

  2. reduction in tariff rates due to expansion in production base.

  3. reduction in business risk due to diversification.

  4. reduction in cost of labour due to availability of cheap labour.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Financial economies of scale occur when larger firms can borrow capital at lower interest rates due to their size, stability, and lower risk profile compared to smaller firms.

Multiple choice social science water a precious resource water harvesting water resources and conservation water management

Water harvesting is

  1. Collection of river water

  2. Collection of rainwater in storage tanks or in the soil to recharge ground water

  3. Harvesting of water from tube walls

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Water harvesting is the practice of collecting and storing rainwater or surface runoff for later use, or directing it into the ground to recharge aquifers.

Multiple choice social science water a precious resource water harvesting water resources and conservation water management

Find out about the traditional systems of water harvesting/management in your region.

  1. Tanks

  2. Rainwater

  3. Sea

  4. Holes
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
In my state, tanks are the traditional water harvesting system. This system ensures groundwater recharge during rainy season and thus ensures around the year availability of drinking water in many villages.
Multiple choice social science water a precious resource water harvesting water resources and conservation water management

Assuming that the night will remain clear, calm, and unsaturated, the predicted minimum temperature is $32^{o}F$. Suddenly the wind speed increases and remains gusty throughout the night. The minimum temperature will most likely be:

  1. About the same as predicted but will occur earlier in the night

  2. Higher than predicted due to the release of latent heat

  3. Much lower than predicted due to radiational cooling

  4. Higher than predicted due to mixing
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Wind increases mechanical mixing of the air near the surface. This process brings warmer air from slightly higher altitudes down to the surface, preventing the temperature from dropping as low as it would under calm, clear conditions.