Transcription of Intermediate Group I Paper 5 : FINANCIAL …
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Intermediate Group I Paper 5 : FINANCIAL …
Revisionary Test Paper_June 2018 DoS, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Intermediate Group I Paper 5 : FINANCIAL ACCOUNTING (SYLLABUS 2016) Objectives 1. (a) Multiple choice questions: (i) In Hire Purchase system cash price plus interest is known as (A) Capital value of asset (B) Book value of asset (C) Hire purchase price of asset (D) Hire purchase charges (ii) Which one is/ are the method/s of Accounting for Branches (A) Final Accounts Method; (B) Debtors Method and (C) Stock and Debtors Method.
Revisionary Test Paper_June 2018 DoS, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 3 (B) ` 4,50,000
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