Financial Management Paper 78

1

Which of the following is not a part of credit policy?






2

If the closing balance of receivables is less than the opening balance for a month then which one is true out of




3

80% of sales of 10,00,000 of a firm are on credit. It has a Receivable Turnover of 8. What is the Average collection period (360 days a year) and Average Debtors of the firm?






4

If cash discount is offered to customers, then which of the following would increase?






5

ABC Analysis is used in






6

Which of the following is true for a company which uses continuous review inventory system






7

Which of the following is not included in cost of inventory?






8

What is Economic Order Quantity?






9

Concept of Maximum Permissible Bank finance was introduced by






10

A short-term lease which is often cancellable is known as






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