Question
1. Your forex seller had gone into a cross cash bargain and had sold US $ 10,88,000 against EURO at US $ 1 = EURO
1. Your forex seller had gone into a cross cash bargain and had sold US $ 10,88,000
against EURO at US $ 1 = EURO 1.6870 for spot conveyance.
Be that as it may, later during the day, the market became unpredictable and the seller in consistence
with his administration's rules needed to square - up the position when the citations
were:
Spot US $ 31.4300/4500
multi month edge 25/20
2 months edge 45/35
Spot US $ 1 EURO 1.7878/7844
multi month forward 1.4425/4499
2 months forward 1.4460/4530
What will be the addition or misfortune in the exchange?
2. Monetary Accounting is worried about the:
a. recording of operational expense and incomes
b. recording of the expense of items and administrations
c. recording of everyday deals
d. nothing unless there are other options
3. The idea of monetary bookkeeping is:
a. chronicled b. forward-looking
c. scientific d. social
4. The principle object of cost bookkeeping is:
a. to record everyday exchanges of the business
b. to uncover administrative proficiency
c. to discover genuine expense of items and administrations
d. to decide delicate cost
5. Cost bookkeeping arose mostly by virtue of:
a. Legal prerequisites b. Rivalry on the lookout
c. Work turmoil d. Restrictions of monetary bookkeeping
6. Benefits of cost bookkeeping framework build:
a. just to laborers
b. just to government c. just to purchasers
d. to the board, laborers, shoppers and government
7. Cost Accounting is applied to:
a. Public endeavors just b. Huge business endeavors as it were
c. Private venture endeavors just d. Assembling and administrations concerns
8. A colliery organization utilizes:
a. Agreement Costing b. Cluster Costing
c. Working Costing d. Single Costing
9. Minor Costing is worried about:
a. Fixed Costs b. Variable Costs
c. Semi-fixed Costs d. Nothing unless there are other options three
10. A bread roll fabricating concern utilizes:
a. Working costing b. Departmental Costing
c. Cluster Costing d. Agreement Costing
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