Management Accounting IC89 Mock
Management Accounting IC89 Mock- Click Here
| Q1.Who facilitates the transfer of money from one country to another country and it has a vast market offering transfer of money to an individual or an organization at high volume and low transaction cost? |
| a) Non-Banking Financial companies |
| b) Money Transfer Companies |
| c) Retail Foreign Exchange Traders |
| d) Investment Bankers |
| Q2.Which accounting stand ard says that Accounting for investment shall not be applicable? |
| a) Accounting standard 3 |
| b) Accounting st and ard 13 |
| c) Accounting standard 17 |
| d) Accounting standard 19 |
| Q3.Who at different levels takes decisions according to their position and hierarchy in the organization to achieve corporate goals and objectives? |
| a) Employees |
| b) Management |
| c) Customer |
| d) Government |
| Q4.Debt instruments that have a maturity of less than___at the time of issue are considered Money Market investments. |
| a) One year |
| b) Two years |
| c) Three years |
| d) Four years |
| Q5.Which carry a fixed term of investment and upon the end of this term, the proceeds will be automatically redeemed and deposited in the investors' bank account? |
| a) Bank Fixed Deposits |
| b) Tax-free bonds |
| c) Public Provident fund |
| d) Fixed Maturity Plans |
| Q6.I) Cash paid for the purchase of fixed assets. II) Cash payment to acquire shares, warrants, debt instruments. III) Cash receipts from the sale of equipment. These are examples of which of the following? |
| a) Operating activities |
| b) Investing activities |
| c) Financial activities |
| d) None of the above |
| Q7.What is a direct investment into production or business in a country by an individual or company of another country, either by buying a company in the target country or by expanding operations of an existing business in that country? |
| a) International Monetary Fund |
| b) Balance of Payment |
| c) Value of transactions |
| d) Foreign Direct Investment |
| Q8.Which of the following is Long-term provisions? |
| a) Deposits |
| b) Loans |
| c) Provision for employee benefits |
| d) Advances from subsidiaries |
| Q9.Which system constitutes an integrated set of money flows on account of foreign trade and inflow of cross-border capital and the related financial institutions that administrator and do governance on the quantities of money? |
| a) International Monetary system |
| b) International Financial system |
| c) International Regulatory system |
| d) None of these |
| Q10.Considering that shares of White and Green Ltd. are quoted at a P / E ratio of 7.5 times and retained earnings per share being 40% is Rs. 4 per share, If the Cost of equity of the company when investors expect an annual growth rate of 10% Compute the following: a) Market price with the cost of capital of 18% and anticipated growth rate of 15%. |