IC89 - MANAGEMENT ACCOUNTING-10
| Q1.A receivable shall be classified as a ______ if it is in respect of the amount due on account of goods sold or services rendered in the normal course of business. |
| a) Trade payable |
| b) Trade receivable |
| c) Current receivable |
| d) Share receivable |
| Q2.Who has very recently eased rules and restrictions for foreign direct investment allowing exists subject to a lock-in period and without an assured return? |
| a) SEBI |
| b) RBI |
| c) IRDA |
| d) RRB |
| Q3.Which assets include tangible assets like commercial property, land and building, agriculture farm, gold, and precious stones? |
| a) Real assets |
| b) Financial assets |
| Q4._____ratios are mostly used for the listed companies or the companies whose stocks and debentures are traded in the stock exchanges. |
| a) Liquidity ratio |
| b) Profitability ratio |
| c) Activity ratio |
| d) Market test ratio |
| Q5.Calculate the Rate of return given by Share A? |
| a) 6.25% |
| b) 10.50% |
| c) 9.36% |
| d) 15.36% |
| Q6.What are the pre-requisites of an effective Management Information System? |
| a) Strong database |
| b) Qualified and dedicated staff members |
| c) Support of top management |
| d) All of the above |
| Q7.Which of the following financial decisions relate to acquiring optimum funds to finance various fixed assets and working capital keeping in view the expected required solvency, liquidity, profitability, and growth? |
| a) Investment decisions |
| b) Financing decisions |
| c) Dividend decisions |
| d) Procurement decisions |
| Q8.The Report of the Auditors on the Financial Statements of every insurer/reinsurer shall be in conformity with the requirements of______. |
| a) Schedule A |
| b) Schedule B |
| c) Schedule C |
| d) All of the above |
| Q9._____is an instrument, which is embedded in another contract known as host contract. |
| a) Embedded Derivative |
| b) Commodity Derivative |
| c) Over the Counter Derivative |
| d) Exchange Traded Derivatives |
| Q10._____ is a market meant for the creation of and exchange of financial assets such as Price discovery, Liquidity, and Low-cost financing. |
| a) Financial market |
| b) Financial system |
| c) Equity shares |
| d) Derivatives |