1.Honey Co. have required a multi month advance from their unfamiliar teammates for US Dollars 2 .25

millions. Premium payable on development is at LIBOR in addition to 1.0%. Current half year LIBOR

is 11.22%.

Enquiries in regards to trade rates with their bank inspires the accompanying

data:

Spot USD 1 $ 48.5275

a half year forward $ 48.4575

I. What might be their all out responsibility in Rupees, in the event that they go into a forward

contract?

ii. Will you encourage them to do as such? Clarify giving reasons.

2.The proportion of profit(gross) to Volume of deals called

a. GP Ratio

b. NP Ratio

c. PV Ratio

d. Operation proportion

3.Marginal expense is the total of prime expense and - -

a. Fixed overheads

b. Variable overheads

c. Commitment

d. Work cost

4.When fixed expense is deducted from commitment, the equilibrium will be -

a. Variable expense

b. Net benefit

c. Complete expense

d. deals

5.When deals are Rs.30000 and P/V proportion is 20% then commitment will be -

a. 2000

b. 4000

c. 6000

d. 8000

6.When fixed expenses are Rs.4000 and Gross edge proportion is 25%, at that point breakeven point will be -

a. 40000

b. 20000

c. 16000

d. 10000

7.When Profit is Rs.5000 and P/v proportion is 20%, Margin of security is -

a. 10000

b. 25000

c. 30000

d. 50000

8.Fixed costs Rs.6000, Profit required Rs.4000 and P/v proportion is half , at that point deals required will be -

a. 6000

b. 4000

c. 10000

d. 20000

9.Variable expense proportion is 60% Sales Rs.20000 and fixed expense Rs.5000, at that point benefit will be

a. 15000

b. 12000

c. 3000

d. 10000

10.Responsibility Accounting is additionally called - Accounting

a. Benefit

b. The board

c. Authority

d. None ofthese