1.A bank goes into a forward buy TT covering a fare bill for Swiss Francs

845965.52 at $ 84.5296 due 25th April and covered itself for same conveyance in the neighborhood

entomb bank market at $ 84.5298. Notwithstanding, on 25th March, exporter looked for

wiping out of the agreement as the tenor of the bill is changed.

In Singapore market, Swiss Francs were cited against dollars as under:

Spot USD 1 = Sw. Fcs. 8.5295/9.5148

One month forward 9.6354/9.8474

Two months forward 10.2595/10.5270

A quarter of a year forward 5.2648/6.5147

furthermore, in the interbank market US dollars were cited as under:

Spot USD 1 = $ 59.6384/.6951

Spot/April .4584/.4692

Spot/May .5920/.5986

Spot/June .4500/.4600

Figure the undoing charges, payable by the client if trade edge

needed by the bank is 14.10% on purchasing and selling.

2. Cost bookkeeping is the science, workmanship and .......... of cost bookkeeper.

a) Profession

b) Management

c) Administration

d) Practice

e) All of these

3. In vehicle industry cost unit is

a) Number

b) Automobile quality

c) Number of vehicle industry

d) Either (a) or (c)

e) None of these

4. Cost unit in a school might be

a) educator

b) Non educator staff

c) Student

d) Number of divisions

e) None of these

5. .......... costing is reasonable for mines, quarries, concrete works and so on

a) Process

b) Contract

c) Batch

d) Operation

e) Job

6. . .........is an augmentation of occupation costing.

a) Process costing

b) Batch costing

c) Contract costing

d) Operation costing

e) None of these

7. At the point when occupation is extremely enormous and spread throughout extensive stretches of time the technique for costing received is

a) Process

b) Job

c) Contract

d) Operation

e) Batch

8. Consistent costing is additionally called

a) Operation costing

b) Process costing

c) Batch costing

d) Contract costing

e) None of these

9. The primary sorts of costing for discovering costs do exclude

a) Uniform costing

b) Standard costing

c) Marginal costing

10. Cost bookkeeping depends on ......... figures.

a) Approximated

b) Estimated

c) Historical

d) Either (a) or (c)

e) None of these