Questions

RAROC is a risk-adjusted framework for profitability measurement and profitability management. It is a tool for measuring risk-adjusted financial performance. And it provides a uniform view of profitability across businesses (Strategic Business Units / divisions). RAROC and related concepts such as RORAC and RARORAC are mainly used within (business lines of) banks and insurance companies. RAROC is defined as the ratio of risk-adjusted return to economic capital.

Answer D is correct because a sunk cost is a project expense that will eventualy need to be paid. Answer A is incorrect because a fixed cost remains constant, regardless of any change in a company's activity. Answer B is incorrect because direct cost can be directly linked to producing specific goods or services. Answer C is incorrect because a variable cost changes in proportion to a change in the company's activity or business.

Inhabit means a place or environment to live in for a person or animal or a group.

Vacate, move and reside means to leave a place and are opposite to live. Reside is the only word most nearly means as inhabit.

Beowulf is an Old English epic poem consisting of 3,182 alliterative lines. It is one of the most important works of Old English literature.

Windsor

Ichthyology is the branch of biology devoted to the study of fish.

It is also known as Fish science which includes bony fishes (Osteichthyes), cartilaginous fish (Chondrichthyes), and jawless fish (Agnatha).