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NEW QUESTION: 1
The average speed of a Zebra is 4 times faster than that of a horse.
The Zebra started to run at 5:00 o'clock and the horse started two hours later. What is the Zebra's speed if the total distance that the two animals traveled until 10:00 o'clock is 46 Km?
A. 8.
B. 6.5.
C. 12.
D. 16.
E. 11.5.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Let X be the horse's speed. The following equation came from the data: 4X x 5 + X x 3 = 46 ---> X = 2 Km/ h. The zebra's speed is 8 Km/h.

NEW QUESTION: 2
Section A (1 Mark)
The premium on all other riders put together should not exceed _____ of the premium on the base policy
A. 10%
B. 20%
C. 50%
D. 30%
Answer: D

NEW QUESTION: 3

A. Option C
B. Option A
C. Option B
D. Option D
Answer: C

NEW QUESTION: 4
Comparing actual results with a budget based on achieved volume is possible with the use of a:
A. Rolling budget.
B. Flexible budget.
C. Master budget.
D. Monthly budget.
Answer: B
Explanation:
A flexible budget is essentially a series of several budgets prepared for many levels of sales or production. At the end of the period, management can compare actual costs or performance with the appropriate budgeted level in the flexible budget. New columns can quickly be made by interpolation or extrapolation, if necessary. A flexible budget is designed to allow adjustment of the budget to the actual level of activity} before comparing the budgeted activity with actual results.