NICL Administrative Officer (AO) Finance Exam 2013 Question paper

Instructions

For the following questions answer them individually

NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 21


The accounting equation is in accord with the fundamental _________ concept of accounting.

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 22


VaR means:

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 23


Hunting is an instance of ________ industry.

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 24


The cash price of a machine is Rs. 1,20,000 and its hire purchase price is Rs. 1,50,000 to be paid in five equal yearly instalments. If a company purchases machine on hire purchase basis, the amount of capital expenditure will be

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 25


Who has observed that ‘’An office system means a network of procedures integrated and designed to carry out a major activity’’?

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 26


Advance received from customer is

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 27


‘Causa Proxima’ implies that the loss must arise from

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 28


Jim, a sole proprietor paid a creditor Mr. A from his money outside the firm. The entry to record the transaction would be:

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 29


If the volatility per annum is 25% and the number of trading days per annum is 252, find the volatility per day.

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NICL Administrative Officer (AO) Finance Exam 2013 Question paper - Question 30


If Capital at the end
Rs. 7,000
Capital introduced Rs. 5,000
Drawings Rs. 8,000
Loss Rs. 10,000
Then the capital in the beginning is equal to

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