1.Forest Ltd., a French co., had dispatched on Jan 2, 2012 products to an American

shipper under a letter of credit game plan, which calls for installment toward the end

of 90 days. The receipt is for $ 124595.6314. On the date of shipment the trade

rate was 74.631 French francs to the $ if the French franc were to fortify

by 11.55% before 97 days over what might be the exchanges gain or misfortune in French

francs? If it somehow managed to debilitate by 14.55%,what would occur?

(Note: may compute in francs per $)

2.Activity Based Costing is created by:

a. Kaplan and Cooper

b. Ouchy

c. Taichi Okno

d. Moulin

3.- - is a method of costing which depends on the advantage got from backhanded costs.

a. Life Cycle costing

b. Target costing

c. Action based costing

d. Standard costing.

4.In Activity based costing, the expense of an action in called:

a. Cost driver

b. Target cost

c. Cost pool

d. Cost object.

5.In action based costing, - are the variables which impacts the expense.

a. Cost pool

b. Cost focus

c. Expense driver

d. Cost object.

6.- - is the procedure of assessing reasonable market driven expense.

a. Life Cycle costing

b. Target costing

c. Movement based costing

d. Standard costing.

7.- - Technique of costing considers all the expense to be caused during the whole existence of the venture.

a. Life Cycle costing

b. Target costing

c. Movement based costing

d. Standard costing.

8.- - is the distinction between target selling cost and wanted overall revenue.

a. Movement cost

b. Upstream expense

c. Downstream expense

d. Target cost

9.Under - absolute expense are arranged into upstream expense, producing cost and downstream expense.

a. Life Cycle costing

b. Target costing

c. Movement based costing

d. Standard costing.

10.Traditional costing is otherwise called:

a. Full costing

b. Volume based costing

c. Extent based costing

d. These.