NAT IIM Management Science Finance Hard Test

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NAT IIM Management Science Finance Hard Test

  • Total Questions20

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NAT IIM Management Science Finance Hard Test

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Question # 1

What are bad debts?

Question # 2

What is amortization?

Question # 3

Historical cost which is irrecoverable in a given situation is called

Question # 4

Good received note is prepared by

Question # 5

Depreciation is a loss due to wear and tear of an asset.

Question # 6

The cost flow must match the

Question # 7

Any written evidence of a business transaction is known as

Question # 8

Deferred liabilities are debts which are repayable less than ----------

Question # 9

The technique and process of ascertaining cost is termed as

Question # 10

Per Unit cost is calculated by dividing the cost of goods sold by

Question # 11

According to possible for an event or transaction which is not measurable in terms of money

Question # 12

Hypothetical cost which are specially computed outside the accounting system for the purpose of decision making is called

Question # 13

During period of rising material prices, ----------- method results in profit inflation

Question # 14

The primary objective of cost accounting is to

Question # 15

Doubtful debt are:

Question # 16

Which one is not a functional classification?

Question # 17

The price at which assets will be sold at the end of its useful life is known as:

Question # 18

The cost flow must watch the

Question # 19

Work in process opening and closing inventory includes:-

Question # 20

Cost goods sold is Rs. 1650, gross profit ratio is 17.5% then sales is

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