Subject:AccountingPrice:2.84 Bought7
(b) Mr. Y has put resources into the three common assets (MF) according to the accompanying subtleties:
Particulars MF 'X' MF 'Y' MF 'Z'
Measure of Investment (') 2,00,000 4,00,000 2,00,000
Net Assets Value (NAV) at the hour of procurement (') 10.30 10.10 10
Profit Received up to 31.03.2018 (') 6,000 0 5,000
NAV as on 31.03.2018 (') 10.25 10 10.20
Successful Yield per annum as on 31.03.2018 (percent) 9.66 -11.66 24.15
Accept 1 Year =365 days
Mr. Y has lost the reports of his venture. Held him in finding the date of his unique venture subsequent to discovering the accompanying:
(i) Number of units in each plan;
(ii) Total NPV;
(iii) Total Yield; and
(iv) Number of days speculation held
Answer all the mcq in proper sequence in reference to managerial accounts :-
B. The essential target of cost bookkeeping is
a) Ascertain the expense of products and ventures
b) Ascertain the benefit
c) Presentation of all information
d) None of these
C Creating arrangement against change in the cost of speculation is utilization of bookkeeping idea
a) Convention of traditionalism
b) Convention of total honesty
c) Convention of consistency
d) None of these
D. Accountant ought to follow similar standards of bookkeeping persistently is according to which bookkeeping show
a) Convention of traditionalism
b) Convention of total honesty
c) Convention of consistency
d) None of these
E Accounting standards are ... . which are received by the bookkeeper generally while recording bookkeeping exchange.
a) Rules of activity or lead
b) Which u can change according to bookkeeper
c) Which continue to change each year
d) None of these
F The show of divulgence suggests that all material data ought to be
a) Disclosed in the record
b) Disclosed in the records which is needed to proprietor
c) Not unveiled
d) None of these
G In bookkeeping all deal are recorded as having
a) Single angle
b) Dual perspective
c) Triple perspective
d) None of these
H Custom and customs which control the bookkeeper while setting up the bookkeeping proclamations
a) Accounting show
b) Accounting ideas
c) Accounting standards
d) None of these
I. Rules of activity or lead embraced by the bookkeepers generally while recording bookkeeping exchange
a) Accounting show
b) Accounting ideas
c) Accounting standards
d) None of these
J Basic presumptions or conditions whereupon the study of bookkeeping is based.
a) Accounting show
b) Accounting ideas
c) Accounting standards
d) None of these.
K A framework in which bookkeeping sections are made based on sums having gotten due for installment or receipt is called
a) Cash idea
b) Accrual idea
c) Matching idea
d) On-going idea
L. Debit the beneficiary credit the provider rule for
a) Real a/c
b) Personal a/c
c) Nominal a/c
d) None of these
M Debit what come in Credit what goes out principle for
a) Real a/c
b) Personal a/c
c) Nominal a/c
d) None of the
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