Questions

The United Nations General Assembly in November 2014 declared 15th July as World Youth Skills Day.

This day is celebrated all over the world to raise the awareness about the issue of unemployment among youth. 

Theme for the year 2017 is Skills for All.

Argentine Star Lionel Messi was chosen as the World’s Best Playmaker for the year 2016 on December 29, 2016, by the International Federation of Football History and Statistics (IFFHS). Messi topped the list with 172 points followed by Andres Iniesta at second spot with 66 points and Toni Kross third with 45 points.

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.

It refers to a forecast regarding the future trend of a particular company, economic segment, Commodity or stock market exchange. Market outlooks are based upon past performance, prevailing economic factors, consumer demand and opinion.It is also called market forecast.