Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.JOHN Ltd. is wanting to import gear from Australiaat an expense of 4834 lakh yen. The organization may benefit advances at 24% per annum with

1.JOHN Ltd. is wanting to import gear from Australiaat an expense of 4834 lakh yen. The organization may benefit advances at 24% per annum with quarterly rests with which it can import the hardware. The companyhas additionally a proposal from Osaka part of an India based bank expanding credit of 360 days at 5.45% per annum against opening of a gone letter of credit.

Extra data:

Present trade rate' 100 = 60.54 yen

multi day's forward rate' 100.656 = 58.50 yen Commission charges for letter of credit at 2.434% each a year.

Counsel the organization whether the proposal from the unfamiliar branch ought to be acknowledged.

2. Expenses to be caused to keep away from the hampering of creation is called _____

a. Unavailable expense

b. Close down cost

c. Optional expense

d. Earnest expense

3. Cost that emerges from top administration approaches and constrained by the administration is called

a. Terminated expense

b. Optional expense

c. Standard expense

d. Peripheral expense

4. Costs which can be moved or delayed to a future period without influencing the proficiency of

current creation is called ______

a. Conveying cost

b. Postponable expense

c. Exploration cost

d. Cash based expense

5. Cost of cash secured up stock, stock outdated nature, and so on are instances of _______

a. Ordinary Expense

b. Conveying cost

c. Unavoidable expense

d. Minor expense

6. Expenses brought about for the upkeep of stock is called

a. Conveying cost

b. Requesting cost

c. Period cost

d. Express expense

7. Cost brought about for creation of another item or improved strategy for creation is

a. Substitution cost

b. Advancement cost

c. Differential expense

d. Nothing from what was just mentioned

8. Cost which is identified with current period as a cost is known as _____

a. Verifiable expense

b. Peripheral expense

c. Conveying cost

d. Nothing from what was just mentioned

9. Cost to be brought about as of now or in future to supplant a resource or material is

a. Advancement cost

b. Exploration cost

c. Terminated expense

d. Substitution cost

10. Change in costs because of progress in the degree of action is called _____

a. Minimal expense

b. Differential expense

c. Unusual expense

d. Wild expense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Managerial Concepts

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

7th Canadian Edition

1119310296, 978-1119310297

More Books

Students also viewed these Accounting questions

Question

What does a person include in his/her application?

Answered: 1 week ago

Question

8. What values do you want others to associate you with?

Answered: 1 week ago