ISRO Accounts Officer 2007

Use the following for this question. Transactions for raw materials during a period are given below :

Following FIFO method, the value of issue on January 18 is:

At the start of the quarter there were 14,630/- workers. 750 employees left during the quarter while 600 joined the organization during the same period. Using the flux method, the labour turnover was:

Gotham City Council is considering the purchase of wheel clamping equipment. The equipment will cost Rs.1,00,000 and will last for three years. It will have no scrap value. It is expected to generate Rs.50,000 a year in Years 1 and 2, and Rs.40,000 in Year 3.
What is the Net present Value of the investment?
Use PV factors of 0.91 for Year 1, 0.83 for Year2, and 0.75 for Year3.

The following is an extract of the financial statements of Delta public limited company for 2003 :

What is the current asset ratio?

The net present value (NPV) model can be used to evaluate and rank two or more proposed projects. The approach that computes the total impact on cash flows for each option and then converts these total cash flows to their present valuesis called the

There are several capital budgeting decision models that do not use discounted cash flows. What is the name of the simple technique that calculates the totai time it will take to recover, using cash inflows from operations, the amount of cash invested in a project?

Suppose CopyMaster purchased a block of shares in its own company from the stock market. CopyMaster plans to hold this stock and distribute it at year-end as bonuses for some key managers. This stock is called _____________ and is reported with the ________ on CopyMaster’s balance sheet.

Recording of a financial transaction can be done in which of the following books:

When error is counter-balanced by another error in such a way that it is not disclosed by trial balance,it is :

Which of the following is not a method of obtaining of audit evidence?