IC89 MANAGEMENT ACCOUNTING MOCK
IC89 Management Accounting Mock- Click Here
| Q1.Which Scheme offer fixed income to the investors. The funds of such schemes are invested in the fixed income yielding securities like bonds? |
| a) Growth-oriented schemes |
| b) Income oriented scheme |
| c) Equity oriented scheme |
| d) Debt oriented scheme |
| Q2.Modeling project, Study values, Select a value, the Plot frequency distribution of NPV are major steps and methods of which analysis? |
| a) Feasibility study |
| b) Stimulation analysis |
| c) Cost-benefit analysis |
| d) None of these |
| Q3.The preference of money at present as compared to future money is known as____ . |
| a) Time value of money |
| b) Financial money |
| c) Time preference of money |
| d) Interest money |
| Q4.Which contracts represent an agreement between two parties to exchange an asset for cash at a predetermined future date called the settlement date for a price specified today? |
| a) Open contract |
| b) Lock contract |
| c) Forward contract |
| d) Option contract |
| Q5.Few Accounting balances extracted from the financial statements and accounting schedules in annual reports of 2011-12 of Good Luck Life Insurance Co.Ltd. are given for purpose of accounting ratio analysis. From the above data and particulars, you are required to compute Payments to Policyholders of total income? |
| a) 20.8% |
| b) 25.9% |
| c) 18.2% |
| d) 29.5% |
| Q6._____ of insurance companies help the regulator to formulate revise and amend various regulations from time to time to bring the market discipline required for real and sustainable development of the insurance sector. |
| a) Opening |
| b) Public Disclosure |
| c) Commencement |
| d) None of these |
| Q7.All returns for the quarter ending March shall be filled within the period stipulated above based on the provisional figures and later resubmitted with Audited Figures within __ days of the adoption of accounts by the Board of Directors. |
| a) 10 days |
| b) 15 days |
| c) 20 days |
| d) 25 days |
| Q8.Liability shall be classified as current when it satisfies which of the following criteria? |
| a) It is expected to be settled in the company's normal operating cycle |
| b) It is held primarily for any purpose other than of being traded |
| c) It is due to be settled within six months after the reporting date |
| d) All of the above |
| Q9.The international monetary system which is a pre-requisite for worldwide transactions of goods, services and financial facilitates: |
| a) Transfer of funds, between the international parties |
| b) Conversion of national currencies into one another |
| c) Acquisition and liquidation of financial assets |
| d) All of the above |
| Q10.___ and _____ are the two key factors for systematic analysis, careful planning, and prudent investment decisions. |
| a) Time, Risk |
| b) Time, value |
| c) Risk. value |
| d) Rate, Risk |