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Category: IC89 MANAGEMENT ACCOUNTING – 23

IC89 MANAGEMENT ACCOUNTING – 23

Que. 1 : Q1) What act as Special Purpose Vehicle (SPV) for mobilization of savings and investments and formation of capital for organisations?

   1.  a) Mutual funds

   2.  b) Financial statement

   3.  c) Debt market

   4.  d) Insurance

Que. 2 : Q2) Which also provides means and ways to determine the prices of these assets and currency rate of exchange rate?

   1.  a) International Monetary system

   2.  b) International Financial system

   3.  c) International Regulatory system

   4.  d) None of these

Que. 3 : Q3) ABC Ltd is planning for investment in an Engineering project requiring capital outlay of Rs.3,00,00. The project analyst and evaluator have estimated the following annual earning after depreciation, but before tax: The annual profit before tax(PBT) shown in above schedule has been arrived after charging 20% Depreciation on original project cost(I.e. On Straight line Method) and is subject to Tax @50% of the net income. Calculate Modified Internal Rate of Return(MIRR) ?

   1.  a) 10%

   2.  b) 20%

   3.  c) 30%

   4.  d) 40%

Que. 4 : Q4) The difference between the cash inflows and outflows is known as _____________.

   1.  a) Net cash flow

   2.  b) Cash

   3.  c) Fund flow statement

   4.  d) Operating activities

Que. 5 : Q5) ____________ of investment is one of the major considerations for evaluation of the quality of investment and it may be either high or low depending upon its degree of liquidity.

   1.  a) Risk on investment

   2.  b) Rate of return

   3.  c) Variance

   4.  d) Marketability