Questions

Q:

The payback period can become an important issue when a large scope project is developed over several years. Maureen has been assigned the responsibility of calculating the payback period for her project that is to be completede in 3 years. The internal rate of return(IRR) is 7% and the annual savings will be $800,000 per year. The total cost is $4,000,000 and the rate of return during this time period is 3%. What is the payback period of Maureen's project?

A) 3 years B) 4 years
C) 5 years D) 13.3 years
 
Answer & Explanation Answer: C) 5 years

Explanation:

The payback period is how long it takes to recoup your investment. In this example, the cost was $4,000,000 and the savings was $800,000 per year. $4,000,000/$800,000 = 5. Therefore, Answer A, B and D are incorrect.

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

0 5919
Q:

State in which the few govern the many?

A) Autocracy B) Monarchy
C) Plutocracy D) Oligarchy
 
Answer & Explanation Answer: D) Oligarchy

Explanation:

Oligarchy is a form of government in which the power rests with the small group of people.

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

9 5917
Q:

Which of the following software firm will acquire Brilliant Basics, Product Design and Customer Experience (CX) company ?

A) Infosys B) Nautics Technology
C) Google D) Source code software co.
 
Answer & Explanation Answer: A) Infosys

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams
Job Role: Bank Clerk , Bank PO

10 5914
Q:

What skills are important for a successful career in fashion design?

Answer

Designers have to either combine marketing intelligence and artistic vision themselves, or be able to delegate business duties to hired specialists, agents, etc. while they focus on the art.

Report Error

View answer Workspace Report Error Discuss

10 5913
Q:

How will you make customers feel welcome in our store?

Answer

Countless potential customers in retail shops go unnoticed every day. It is often this attitude of indifference that leads people to shop at other places. Make sure that you have a candidate that will meet and greet your customers. Interviewees, let your personality shine here. Let your interviewer know that you are not afraid to introduce yourself to customers, and that you will not be hiding in the back restocking something.

Report Error

View answer Workspace Report Error Discuss

Subject: Retail

6 5913
Q:

Air conditioner was discovered by

A) Edison B) Wilson
C) Carrier D) Roentgen
 
Answer & Explanation Answer: C) Carrier

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Inventions

5 5913
Q:

What is the type of the algorithm used in solving the 8 Queens problem ?

A) Dynamic Programming B) BackTracking
C) Branch and Bound D) None
 
Answer & Explanation Answer: B) BackTracking

Explanation:

BackTracking is used for solving N-Queens problem

Report Error

View Answer Report Error Discuss

Filed Under: Software Testing

1 5913
Q:

Which of the following is most urbanised State of India

A) Maharashtra B) Mizoram
C) Goa D) Tamil Nadu
 
Answer & Explanation Answer: C) Goa

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

5 5912