IC89 MANAGEMENT ACCOUNTING - 22

Que. 1 : Q1) A system which interacts with the environment by taking action and adapting itself is called___________.

   1.  a) Open system

   2.  b) Manual system

   3.  c) Probabilistic system

   4.  d) Automated system

Que. 2 : Q2) Answer with regards to depository receipts. ADR stands for____________.

   1.  a) Asian Depository Receipt

   2.  b) African Depository Receipt

   3.  c) American Depository Receipt

   4.  d) Atlantic Depository Receipt

Que. 3 : Q3) Which of the following is / are specifically excluded from the purview of the AIF Regulations ?

   1.  a) Family Trusts

   2.  b) ESOP Trusts

   3.  c) Employee Welfare Trusts

   4.  d) All of the above

Que. 4 : Q4) Which decision is very critical one as it requires consideration of lot many factors such as sources of funds, terms and conditions of repayment, cost of capital and control?

   1.  a) Allocation of fund

   2.  b) Cross border capital

   3.  c) Procurement of funds

   4.  d) None of these

Que. 5 : Q5) Which of the following is an example of complemented by Operating Ratio?

   1.  a) Debt collection Ratio

   2.  b) Cash Turnover Ratio

   3.  c) Inventory Turnover Ratio

   4.  d) Labour cost ratio