IC89 - Management Accounting -19

 33
Management Accounting IC89 Mock - Click Here


Q1.Which risks refer to a risk unique to a particular company or industry and these are avoidable through diversification?
   a) Systematic Risks
   b) Unsystematic Risks
   c) Purchasing Power Risk
   d) Social Risk
 
Q 2. Which of the following financial decisions determine how costly funds are allotted and committed to various projects and plans?
   a) Investment decisions
   b) Financing decisions
   c) Divident decisions
   d) Procurement decisions
 
Q3.Which of the following is a source of Working capital?
   a) Losses from business operation
   b) Sale of Non-current Assets
   c) Dividend paid to shareholders
   d) Purchase of Non-current Assets
 
Q4.What is the ISO code for Japanese yen?
   a) GBP
   b) JPY
   c) USD
   d) AUD
 
Q5.Which of the following system is assisting management in solving problems of unique or non-routine nature?
   a) Management Information System
   b) Decision Support System
   c) Transaction Processing System
   d) Deterministic System
 
Q6.Derivatives are the most modern financial instruments in hedging risks. Those who want to avoid or reduce financial risks may use derivatives and deal with others who like to take risks for rewards. A commonplace where such transactions are carried out is known as ___.
   a) Global market
   b) Derivative market
   c) Foreign exchange rate
   d) Relative purchasing
 
Q7.Who can raise funds through private placement by the issue of information memorandum/placement memorandum?
   a) IRDA
   b) AIF
   c) RBI
   d) Funds
 
Q8.___ is an instrument that is embedded in another contract known as host contract. The hosting contract may be a debt or an equity instrument.
   a) Commodity Derivative
   b) Over the Counter Derivative
   c) Exchange Traded Derivatives
   d) Embedded Derivative
 
Q9.In which component of BOP, transactions resulting in changes in foreign assets and liabilities of the country are entered?
   a) Current account
   b) Capital Account
   c) Reserve Account
   d) None of these
 
Q10.A reserve specifically represented by earmarked investments shall be termed as __.
   a) Debt
   b) Borrowings
   c) Fund
   d) Surplus

Click Here for Answer Key


Management Accounting IC89 Mock - Click Here