present money tracking
payment
payment money tracking
future money payment
✅ The correct answer is B.
In calculation of time value of money, ‘PMT’ represents payment.
In calculation of time value of money, ‘PMT’ represents payment.
1445. First step in estimation of cost function by using quantitative analysis is to
choose price estimation method
choose dependent variable
choose independent variable
choose cost estimation method
✅ The correct answer is B.
First step in estimation of cost function by using quantitative analysis is to choose dependent variable. A dependent variable is what you measure in the experiment and what is affected during the experiment. The dependent variable responds to the independent variable. It is called dependent because it “depends” on the independent variable.
First step in estimation of cost function by using quantitative analysis is to choose dependent variable. A dependent variable is what you measure in the experiment and what is affected during the experiment. The dependent variable responds to the independent variable. It is called dependent because it “depends” on the independent variable.
124. In case of debit balance, the words _____ are written on the debit side
To Balance b/d
To Balance c/d
By Balance c/d
By Balance b/d
✅ The correct answer is A.
In case of debit balance, the words To Balance b/d are written on the debit side.
In case of debit balance, the words To Balance b/d are written on the debit side.
1443. Allotment of whole item of cost to a cost centre or cost unit is known as:
Cost Apportionment
Cost Allocation
Cost Absorption
Machine hour rate
✅ The correct answer is B.
Allotment of whole item of cost to a cost centre or cost unit is known as Cost Allocation. Cost allocation is the process of identifying, aggregating, and assigning costs to cost objects. A cost object is any activity or item for which you want to separately measure costs.
Allotment of whole item of cost to a cost centre or cost unit is known as Cost Allocation. Cost allocation is the process of identifying, aggregating, and assigning costs to cost objects. A cost object is any activity or item for which you want to separately measure costs.
1442. Sellers of options in financial markets are classified as
expiry writer
option writer
contract writer
bond writer
✅ The correct answer is B.
Sellers of options in financial markets are classified as option writer. A writer of a call option promises to sell the underlying investment to the call purchaser, who has bought the right to purchase it at a specific price.
Sellers of options in financial markets are classified as option writer. A writer of a call option promises to sell the underlying investment to the call purchaser, who has bought the right to purchase it at a specific price.
1441. If a policyholder dies within the grace period, then
The claim will be rejected
The claim will be paid subject to policy conditions
The claim is payable after deducting the premium
None of the above
✅ The correct answer is C.
If a policyholder dies within the grace period, then the claim is payable after deducting the premium. As per the rules, if the death of the policy holder occurs on the due date of the premium payment or during the grace period, still the policy is valid and the beneficiaries will get the sum assured. But after deducting the the unpaid premium for the current year.
If a policyholder dies within the grace period, then the claim is payable after deducting the premium. As per the rules, if the death of the policy holder occurs on the due date of the premium payment or during the grace period, still the policy is valid and the beneficiaries will get the sum assured. But after deducting the the unpaid premium for the current year.
1440. “A ltd is a manufacturing company that has no production resource limitations for the foreseeable future. The Managing Director has asked the company mangers to coordinate the preparation of their budgets for the next financial year. In what order should the following budgets be prepared? (1) Sales budget (2) Cash budget (3) Production budget (4) Purchase budget (5) Finished goods inventory budget”
(2), (3), (4), (5), (1)
(1), (5), (3), (4), (2)
(1), (4), (5), (3), (2)
(4), (5), (3), (1), (2)
✅ The correct answer is B.
The order in which the budget should be prepared are Sales budget, Finished goods inventory Production budget, Purchase budget and Cash budget.
The order in which the budget should be prepared are Sales budget, Finished goods inventory Production budget, Purchase budget and Cash budget.
1439. Capital gain is Rs 3 and capital gains yield is 6% then beginning price will be
Rs 18.00
Rs 36.00
Rs 50.00
Rs 55.00
✅ The correct answer is C.
Beginning price = Capital gain / Capital gains yeild percentage
= Rs. 3 / 6% = Rs. 50.00
Beginning price = Capital gain / Capital gains yeild percentage
= Rs. 3 / 6% = Rs. 50.00
1437. Weak relationship between cost and cost driver is indicated on a regression line, which is
curved
slightly sloped
completely sloped
dotted
✅ The correct answer is B.
Weak relationship between cost and cost driver is indicated on a regression line, which is slightly sloped.
Weak relationship between cost and cost driver is indicated on a regression line, which is slightly sloped.
1455. What is the name for direct computer‐to‐computer transfer of transaction information contained in standard business documents?
internet commerce
e‐commerce
transaction information transfer
electronic data interchange
✅ The correct answer is D.
The name for direct computer‐to‐computer transfer of transaction information contained in standard business documents is electronic data interchange. Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper.
The name for direct computer‐to‐computer transfer of transaction information contained in standard business documents is electronic data interchange. Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper.