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Category: IC89 MANAGEMENT ACCOUNTING – 21

IC89 MANAGEMENT ACCOUNTING – 21

Que. 1 : Q1) Who facilitate 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 organisation at high volume and low transaction cost?

   1.  a) Non-Banking Financial companies

   2.  b) Money Transfer Companies

   3.  c) Retail Foreign Exchange Traders

   4.  d) Investment Bankers

Que. 2 : Q2) Which accounting standard says that Accounting for investment shall not be applicable?

   1.  a) Accounting standard 3

   2.  b) Accounting standard 13

   3.  c) Accounting standard 17

   4.  d) Accounting standard 19

Que. 3 : Q3) Who at different level takes decisions according to their position and hierarchy in the organization to achieve corporate goals and objectives?

   1.  a) Employees

   2.  b) Management

   3.  c) Customer

   4.  d) Government

Que. 4 : Q4) Debt instruments which have a maturity of less than_________at the time of issue are considered as Money Market investments.

   1.  a) One year

   2.  b) Two years

   3.  c) Three years

   4.  d) Four years

Que. 5 : 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’s bank account?

   1.  a) Bank Fixed Deposits

   2.  b) Tax-free bonds

   3.  c) Public Provident fund

   4.  d) Fixed Maturity Plans