Please provide the answer of practical question and all the mcq with reasons:

Practical Question:

Georgi Ltd. fixes the entomb divisional exchange costs for its items based on cost in addition to a profit from interest in the division. The spending plan for division X for 2020 - 21 shows up as under:

Fixed assets 5,00,132

Current assets 3,00,421

Debtors 2,00,822

Yearly fixed expense of the division 8,00,412

Variable expense per unit of the product 10.432

Planned volume 4,00,696 units each year

Wanted ROI 28.325%

Based on the above information, calculate Transfer price.

MCQs:

1. Thomas Winge is considering a business offer made by Wesco Associates, a theory bank. Should Winge perceive the offer, he will be committed for controlling twenty portfolio supervisors. Winge' just concern is that delegates' own extraordinary exchanges are not being pleasingly seen and colossal amounts of these exchanges fuse front-running customers' exchanges.

A) perceive the offer and acquittal specialists related with front-running.

B) perceive the offer and execute tasteful consistence strategies.

C) decrease the suggestion recorded as a printed duplicate until the firm gets sensible strategies to permit the activity of his administrative responsibilities.

2. To discover the evaluation of the end stock during the culmination of the monetary year we,

A) do this by stocktaking

B) deduct the expense of things sold from deals

C) deduct opening stock from the expense of things sold

D) look in the stock record

3. Which of these best clarifies fixed resources?

A) Are purchased to be utilized in the business

B) Are costly things purchased for the business

C) Are things which won't annihilate rapidly

D) Are of long life and are not bought explicitly for resale

4. The charges of setting items into a saleable condition ought to be charged to

A) Trading account

B) P and L a/c

C) Balance Sheet

D) None of the recently referenced

5. In the event that you need to guarantee that your cash will be gotten if checks sent are squandered in the post, you ought to

A) Always pay with money

B) Cross your Checks Record Payee just, Not Negotiable.

C) Always get the cash eye to eye

D) Not utilize the postal help with future

6. At the cash related record date, the amicability on the Accumulated Provision for Depreciation Account is

A) Transferred to Depreciation Account

B) Transferred to the Asset Account

C) Transferred to Profit and Loss Account

D) Simply deducted from the resource yet to be settled Sheet

7. On the off chance that we take stock for own utilization we ought to

A) Debit Drawings Account, Credit Purchases Account

B) Debit Drawings Account: Credit Stock Account

C) Debit Sales Account: Credit Stock Account

D) Debit Purchases Account: Credit Drawings Account

8. Right when an irrelevant money book is kept there will be

A) No portions made at all in the overall record for things paid by irrelevant money

B) relative number of portions in the overall record

C) Fewer portions made in the overall record

D) More territories made in the overall record

9. On the off chance that a groundwork congruity sums go amiss, the capability should be entered in

A) The Profit and Loss Account

B) A Nominal Account

C) The Capital Account

D) A Suspense Account

10. In the event that it is required to keep up fixed capitals, the aides pieces of benefits should be

A) Credited to capital records

B) Debited to capital records

C) Debited to associates' present records

D) Credited to partners' present records