1.Suppose you are a financial officer of Santa Inc. in the UK. Santa have two abroad

auxiliaries, one situated in Amsterdam and one in Switzerland. The Dutch auxiliary

has surplus Euros in the measure of 895635.26 which it does not require for the following

a quarter of a year however which will be required toward the finish of that period (91 days). The

Swiss auxiliary has an overflow of Swiss Francs in the measure of 4536259.25 that, once more,

it will require on day 91. The Santa Inc. in UK has a net equilibrium of 85632.269 that is not

required for years to come.

Given the rates beneath, what is the benefit of trading Euros and Swiss

Francs into Sterling?

Spot Rate () 45.6358-48.5296

multi day Pts 0.1548 0.8956

Spot Rate() CHF 2.3295-2.3326

multi day Pts 0.1562 0.0236

Loan fees for the Deposits

Measure of Currency multi day Interest Rate % dad

CHF

0 - 1850156 1.125

1850157 - 4815637 2.259

4815638 - 9056854 4.968

More than 9056854 5.375S

2] Marginal costing is otherwise called _______ costing.

A] Variable

B] Semi-variable

C] Fixed

3] ________ is the arrangement of costing under which expenses are resolved after they have been caused.

A] Uniform costing

B] Historical costing

C] Standard costing

4] The part of bookkeeping managing the grouping, recording, distribution, rundown and revealing of current and imminent expenses is known as _______.

A] Cost Accountancy

B] Costing

C] Cost bookkeeping

5] The term _________ is extensively used to incorporate different angles like costing, cost bookkeeping, cost control, cost review and budgetary control.

A] Cost Accountancy

B] Costing

C] Cost Accounting

6] ________ is worried about ascertainment of cost.

A] Cost Accountancy

B] Costing

C] Cost Accounting

7] ______ is worried about bookkeeping and recording of expenses.

A] Cost Accountancy

B] Costing

C] Cost bookkeeping

8] ________ is worried about plan and/or utilization of standards, strategies and methods of costing.

A] Cost Accountancy

B] Costing

C] Cost Accounting

9] The development of cost bookkeeping occurred as a result of _________ of monetary bookkeeping.

A] Advantages

B] Constraints

C] Merits

10] _______ assists the administration with taking out failures brought about by material wastage, use

of outdated apparatus, inappropriate arranging and so forth

A] Financial Accounting

B] Cost Accounting

C] Environmental Accounting