IC89 MANAGEMENT ACCOUNTING - 20

Que. 1 : Q1) This transaction is hybrid of both Spot and Forward transactions in different direction requiring the two parties agree to exchange the currencies for a fixed period of time and to reverse the transaction at the future date?

   1.  a) Forward transaction

   2.  b) Swap transaction

   3.  c) Spot transaction

   4.  d) None of these

Que. 2 : Q2) Insurers are required to display information based on the yearly audited statement. Accordingly, the all formats as specified in the circular need to be disclosed on yearly basis for the last _____.

   1.  a) 2 years

   2.  b) 3 years

   3.  c) 4 years

   4.  d) 5 years

Que. 3 : Q3) An investment of Rs.1,00,000 in 2007 in a project which will generate net cash inflows of Rs.20,000, Rs.30,000, Rs.40,000, Rs.50,000, Rs.30,000 in next 5 years. The cost of capital for the firm is 15%. Calculate Net Present Value of net cash inflows

   1.  a) 8821

   2.  b) 9910

   3.  c) 9500

   4.  d) 7958

Que. 4 : Q4) The ______________ plays a very important role in economic growth through Mobilisation of savings and formation of capital.

   1.  a) Financial market

   2.  b) Financial system

   3.  c) Equity shares

   4.  d) Derivaties

Que. 5 : Q5) Which of the following type of forecasts are based on market indicators?

   1.  a) Technical Forecast

   2.  b) Fundamental Forecast

   3.  c) Market Based Forecast

   4.  d) Regression Forecast