1.On 15th January 2015 you as a broker booked a forward agreement for US$

957148.681 for your import client deliverable on fifteenth March 2015 at $ 84.9617. On

due date client demand you to drop the agreement. On this date citation for

US$ in the between bank market is as per the following:

Spot $ 75.9681/76.2519 for each US$

Spot/April 6281/6951

Spot/May 8419/8617

Accepting that the level charges for the wiping out is $ 154.34 and trade

edge is 14.25%, at that point decide the crossing out charges payable by the client.

2. ...........costing is utilized in transport undertaking.

a) Operating

b) Standard

c) minor

d) Absorption

e) Service

3. In ............. costing the expense of a gathering of items is discovered.

a) Process

b) Job

c) Batch

d) Service

e) Marginal

4. The all out of all immediate costs is known as

a) Total expense

b) Overhead

c) Prime expense

d) Work cost

e) None of these

5. A chance expense is a

a) Direct cost

b) Indirect cost

c) Variable cost

d) Fixed cost

e) immediate cost

6. Work cost is the all out of

a) Direct expense

b) Indirect expense

c) Variable expense

d) Controllable expense

e) Uncontrollable expense

7. Opportunity cost doesn't include

a) Cash inflow

b) Cash outpouring

c) Cash expense

d) Either (a) or (b)

e) None of these

8. Deterioration is ...........expenditure.

A) variable

b) Fixed

c) Direct

d) Indirect

e) Semi-variable

9. Cash based installment includes installment to

a) Managers

b) Promoters

c) Directors

d) Shareholders

e) Outsiders

10. Worth added is the change in

a) Face esteem

b) Market esteem

c) Book esteem

d) Realizable worth

e) None of these