What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product ?

Related Mcqs:

What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc ?

A. Utility B. Necessity C. Commodity D. Stock...

The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now ?

A. 10 months B. 11 months C. 12 months D. 13 months...

A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan ?

A. P 6,999.39 B. P 6,292.93 C. P 6,222.39 D. P 6,922.93...

What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render ?

A. Functional depreciation B. Design depreciation C. Physical depreciation D. Demand depreciation...

Which is true about partnership ?

A. It has a perpetual life B. It will be dissolved if one of the partners ceases to be connected with the partnership C. It can be handed down from one generation of partners to another D. Its capitalization must be equal for each partner...