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21
Using "lower of cost and net realisable value (Market Value)" for the purpose of inventory valuation is the implementation of which of the following concepts?
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Answer: Option C
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22
The participants who take advantage of different exchange rates in different markets are
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Answer: Option B
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23
In certainty-equivalent approach, risk adjusted cash flows are discounted at
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Answer: Option D
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24
Which of the following are the important features of option contracts?
(I) Buyers of option have limited liability.
(II) Options have high degree of risk to option-writers.
(III) Options are exercisable only by buyers of option.
(IV) Buyers of option have all rights which are available to equity shareholders of the concerned companies.
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Answer: Option A
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25
Match List-I with List-II
List-I List-II
a. Net income approach 1. Inventory management
b. Gordan model 2. Capital budgeting
c. Internal rate of return 3. Capital structure theory
d. Reorder level 4. Dividend theory
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Answer: Option B
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26
Investment of X company profit in shares of other company PQR Pvt. Ltd are recorded in . . . . . . . .
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Answer: Option A
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27
Rules of action or conduct adopted by the accountants universally while recording accounting transaction:
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Answer: Option C
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28
The chairman of SEBI is appointed by
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Answer: Option A
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29
Read the under mentioned quotation and answer: 'stock exchange is the barometer of country's economy.'
The author of the quotation is:
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Answer: Option A
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30
What is a stapler?
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Answer: Option C
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