Correct Answer:
C. Systematic (market) risk of a security
Beta shows sensitivity of a security's returns to market returns.
November 13, 2026 · Accounting and Finance MCQs, Financial Management & Analysis MCQs
Beta measures:
Related MCQs
The normal balance of a revenue account is:
A.
Debit
B.
Zero
C.
Depends on the auditor
D.
Credit
Correct answer is:
D. Credit
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The three categories of activities in a statement of cash flows are:
A.
Revenue, expenses and profit
B.
Operating, investing and financing
C.
Current, non-current and contingent
D.
Direct, indirect and mixed
Correct answer is:
B. Operating, investing and financing
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Under the Constitution of Pakistan, the Auditor-General can be removed from office:
A.
In the like manner and on the like grounds as a judge of the Supreme Court
B.
By any minister
C.
By the Prime Minister alone
D.
By the Chief Secretary
Correct answer is:
A. In the like manner and on the like grounds as a judge of the Supreme Court
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Fiscal federalism deals with:
A.
The monetary policy of the central bank
B.
Only international trade
C.
Only local taxes
D.
The division of revenue-raising and spending responsibilities among levels of government
Correct answer is:
D. The division of revenue-raising and spending responsibilities among levels of government
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Statistical sampling is characterized by:
A.
Selection of items based only on the auditor's judgment
B.
Random selection and use of probability theory to evaluate results
C.
Examining only unusual items
D.
Testing the first 50 items in the ledger
Correct answer is:
B. Random selection and use of probability theory to evaluate results
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When NPV and IRR give conflicting rankings for mutually exclusive projects, the preferred criterion is generally:
A.
NPV
B.
IRR
C.
Payback period
D.
Accounting rate of return
Correct answer is:
A. NPV
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