Question
1. On first April, an open finished plan of shared asset had 5050 lakh units exceptional with Net Resources Worth (NAV) of ' 88.75. Toward
1. On first April, an open finished plan of shared asset had 5050 lakh units exceptional with Net Resources Worth (NAV) of ' 88.75. Toward the finish of April, it gave 4 lakh units at opening NAV in addition to 9% burden, adapted to profit leveling. Toward the finish of May, 7 Lakh units were repurchased at opening NAV less 9% leave load adapted to profit evening out. At the
end of June, 98% of its accessible pay was dispersed.
In regard of April-June quarter, the accompanying extra data are accessible:
' in lakh
Portfolio esteem appreciation 425.47
Pay of April 97.950
Pay for May 69.425
Pay for June 87.450
You are needed to compute
(i) Income accessible for conveyance;
(ii) Issue cost toward the finish of April;
(iii) Repurchase cost toward the finish of May; and
(iv) Net resource esteem (NAV) as on 30th June.
2. As per CIMA, Britain, "the method and interaction of finding out cost" is called
a. Costing
b. Cost Bookkeeping
c. Cost Bookkeeping
d. Cost
3. Which among the accompanying expenses are not helpful for administrative dynamic?
a. Sunk Expense
b. Peripheral Expense
c. Standard Expense
d. Nothing from what was just mentioned
4. The primary capacity of cost bookkeeping is _______ detailing
a. Inner
b. Outside
c. Government
d. Bank
5. The data given by budget summaries is ________ in nature.
a. Standard
b. Verifiable
c. Negligible
d. Uniform
6. The guideline of coordinating with costs with incomes is known as _____ rule.
a. Cost
b. Coordinating
c. Consistency
d. Income
7. In cost bookkeeping, stock is esteemed at _______
a. Market cost
b. Cost
c. Selling cost
d. Standard cost
8. The establishment of a ______ framework will make trust in the personalities of public about the
decency of the costs charged.
a. Costing
b. Monetary bookkeeping
c. The executives bookkeeping
d. Data
9. The specific reason for increment or decline in benefit or misfortune is uncovered by
a. The board bookkeeping
framework
b. Monetary bookkeeping framework
c. Cost bookkeeping framework
d. The board data
framework
10. Information needed at the obsession of selling cost is given by
a. The board bookkeeping framework
b. Monetary checking framework
c. Cost bookkeeping framework
d. These
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started