The actual or realised value of a variable as opposed to its planned value is called _____.

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RRB NTPC CBT 2 (Level-5) Official Paper (Held On: 15 June 2022 Shift 1)
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  1. Ex flow
  2. Ex post
  3. Ex ante
  4. Ex barter

Answer (Detailed Solution Below)

Option 2 : Ex post
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Detailed Solution

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The correct answer is Ex post.

Key Points

  • The actual or realised value of a variable, as opposed to its planned value, is called Ex post.
  • Ex-post, which means "after the fact" in Latin, is another term for actual returns.
  • The most well-known method for predicting the likelihood of experiencing a loss on investment on any given day has traditionally been to use previous results.
  • Ex-post stands in contrast to ex-ante, which is Latin for "before the event." Companies gather ex-post data in order to project future earnings.
  • Studies like value at risk (VaR), and probability research that estimates the greatest loss an investment portfolio may sustain on any given day, make use of ex-post information.

Important Points

  • ExFlow is a special add-on module for Microsoft Dynamics AX and Microsoft Dynamics 365 for Finance & Operations that improves your accounts payable and procurement operations' productivity and efficiency over the long term.
  • Ex-ante refers to future occurrences, such as potential returns on a certain security or firm returns.
  • Instead of selling or exchanging items for money, parties to a barter agreement transfer goods or commodities for other goods. 
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