IC89 - MANAGEMENT ACCOUNTING-08
| Q1.___ is a result of systematic analysis, careful planning, and prudent decisions of investment experts. |
| a) Budget |
| b) Portfolio management |
| c) Hybrid security |
| d) Par value |
| Q2.Who are the agents of the retail customers who assist in buying and selling currencies by charging some commission? |
| a) Principal |
| b) Brokers |
| c) Customers |
| d) Retailers |
| Q3.Which is an integral part of the corporate management, who are associated with business strategy for growth and profitability, strategic planning for maximization of the value of the firm? |
| a) Financial Management |
| b) Financial accounting |
| c) Business management |
| d) Cost accounting |
| Q4.Cash flow statement in an insurance company is prepared in the Direct Method only. Say whether True or False. |
| a) True |
| b) False |
| Q5.It is a quotation in which the domestic currency of a country is treated as base currency against the foreign currency? |
| a) Direct Quotation |
| b) Indirect Quotation |
| c) Spot Quotation |
| d) Forward Quotation |
| Q6. Certain debt instruments carry a ___, meaning that the issuer of the instrument may not be in a position to return your principal at the time of maturity. |
| a) Real return |
| b) Default risk |
| c) Interest-rate risk |
| d) None of these |
| Q7.Which of the following decisions comes under the Modern phase? |
| a) Merger |
| b) Liquidation |
| c) Procurement of funds and analysis of the cost of capital |
| d) Internal capital structuring |
| Q8.Under which category the funds are employed in diverse/complex trading strategies and may employ leverage including through investment in listed/unlisted derivatives? |
| a) Category I-AIF |
| b) Category II and amp;ndash; AIF |
| c) Category III-AIF |
| d) None of these |
| Q9.What will be the turnover of the company, when the financial statements may be rounded off to the nearest hundreds, thousands, lakhs or millions, or decimals thereof? |
| a) Less than one hundred crore rupees |
| b) One hundred crore rupees or more |
| Q10.____is an instrument used to protect the farmers from the risk of the price of their crop going below the cost price of their produce. Choose the most appropriate answer. |
| a) Embedded Derivative |
| b) Commodity Derivative |
| c) Credit Derivative |
| d) Swap |