Total Qs = 64
3 Mks = 3 Qs
5 Mks = 3 Qs
56 MCQs.
1. Find PV , 5 values for 5 yrs given with discount rate of
8%
2. Sale and Lease back, Financial lease, Find fin charge for
1st yr only, lease term 4 yrs. Fair Value: Rs 20000, Sale: Rs 25000
3. Given Auth Capital 50000 and Issued Capital 10000 shares,
Value per share 100, Bonus share 2 per 5 shares, Find shares issued???
4. Find PV, Given FV 15000, time 6 yrs, rate 10%
There were two more Qs
5. About measurement of Revenue, IAS 18 and
6. Sale and lease back
Most of the MCQs were conceptual, need to understand the statement
before selecting the option. A fair no of MCQs were from Lease, sale and lease
back, Errors / Change in Acctg policies Lec 37, FV and PV, Adjusting /
non-adjusting events after bal sheet date,
Pre mid term MCQs were from Type of Companies and Meetings,
AGM be held? Board of Directors to meet?? etc
Best of luck
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