IC89 MANAGEMENT ACCOUNTING - 06

Que. 1 : Q1) Which funds are an important source of investment that is available to limited investors with a wide range of long term investment funds?

   1.  a) Bank funds

   2.  b) MNCs funds

   3.  c) Retail funds

   4.  d) Hedge funds

Que. 2 : Q2) Business entities are required to render______________ for taking various decisions in respect of investment, capital budgeting, Long-term and Short-term financing, import and Export transactions, assessment of earnings.

   1.  a) Cross Rates

   2.  b) Exchange Rate Forecasting

   3.  c) Foreign Exchange Market

   4.  d) None of these

Que. 3 : Q3) Net cash flow is also known as ______________.

   1.  a) Net cash inflow

   2.  b) Net cash outflow

   3.  c) Cash receipts

   4.  d) Either a or b

Que. 4 : Q4) RSM Is determined as ______ of the amount being higher of Gross Premium multiplied by specified factor and the Net Premium.

   1.  a) 10%

   2.  b) 20%

   3.  c) 30%

   4.  d) 40%

Que. 5 : Q5) Which is useful in providing users of financial statements with a basis to assess the ability of the firm to generate cash and cash equivalent and the needs of the firms to utilise those cash flow?

   1.  a) Fund flow statement

   2.  b) Operating activities

   3.  c) Provisional statement

   4.  d) Cash flow statement