IC89 - Management Accounting -20
IC89 - Management Accounting- click here to start mock test
| Q1.This transaction is a hybrid of both Spot and Forward transactions in different directions requiring the two parties agree to exchange the currencies for a fixed period of time and to reverse the transaction at the future date? |
| a) Forward transaction |
| b) Swap transaction |
| c) Spot transaction |
| d) None of these |
| Q2.Insurers are required to display information based on the yearly audited statement. Accordingly, all formats as specified in the circular need to be disclosed on yearly basis for the last __. |
| a) 2 years |
| b) 3 years |
| c) 4 years |
| d) 5 years |
| 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 |
| a) 8821 |
| b) 9910 |
| c) 9500 |
| d) 7958 |
| Q4.The _____ plays a very important role in economic growth through the Mobilisation of savings and the formation of capital. |
| a) Financial market |
| b) Financial system |
| c) Equity shares |
| d) Derivatives |
| Q5.Which of the following type of forecasts are based on market indicators? |
| a) Technical Forecast |
| b) Fundamental Forecast |
| c) Market Based Forecast |
| d) Regression Forecast |
| Q6.Which of the following is an Application of Working capital or funds? |
| a) Funds from business operation |
| b) Incomes from other sources |
| c) Redemption of Debentures or preference shares |
| d) Fresh introduction of Capital or issue of Additional capital |
| Q7.ABC Ltd is planning for investment in an Engineering project requiring a capital outlay of Rs.3,00,00. The project analyst and evaluator have estimated the following annual earning after depreciation, but before tax: The annual profit before tax(PBT) shown in the above schedule has been arrived after charging 20% Depreciation on the original project cost(I.e. On Straight-line Method) and is subject to Tax @50% of the net income. Calculate Modified Internal Rate of Return(MIRR)? |
| a) 10% |
| b) 20% |
| c) 30% |
| d) 40% |
| Q8.The option to buy an asset is called ____. |
| a) Put option |
| b) Call option |
| c) European option |
| d) American option |
| Q9.Which are the acquisition and disposals of long-term assets and other investments not included in cash equivalent? |
| a) Cash equivalents |
| b) Investing activities |
| c) Financing activities |
| d) None of the above |
| Q10.Risk on investment refers to the chance of loss of expected return on investment. Say whether True or False. |
| a) True |
| b) False |
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