[Download PDF] NICL Administrative Officer (AO) Finance Exam 2013 Question paper Paper with Solutions

Instructions

For the following questions answer them individually

Question 21

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

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Question 22

VaR means:

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Question 23

Hunting is an instance of ________ industry.

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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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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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Question 26

Advance received from customer is

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Question 27

‘Causa Proxima’ implies that the loss must arise from

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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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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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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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CAT Content

NICL Administrative Officer (AO) Finance Exam 2013 Question paper

NICL Administrative Officer (AO) Finance Exam 2013 Question paper

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

VaR means:

Hunting is an instance of ________ industry.

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

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

Advance received from customer is

‘Causa Proxima’ implies that the loss must arise from

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

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

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

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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