1. ANSWERS  : D  

Explanation-   Required difference = (128000 - 107000) = 21000.

2. ANSWERS  : C  

Explanation-  From the line-graph it is clear that the productions of Company X in the   years 1997, 1998, 1999, 2000, 2001 and 2002 are 119000, 99000, 141000, 78000, 120000 and 159000 and those of Company Y are 139000, 120000,100000, 128000, 107000 and 148000 respectively. 

Total production of Company X from 1997 to 2002 

= 119000 + 99000 + 141000 + 78000 + 120000 + 159000 

= 716000. 

and total production of Company Y from 1997 to 2002 

= 139000 + 120000 + 100000 + 128000 + 107000 + 148000 

= 742000. 

Difference = (742000 - 716000) = 26000.

3. ANSWERS  : A 

Explanation-  Average number of vehicles manufactured by Company X  

= 16×119000+99000+141000+78000+120000+159000 

 = 119333.

4. ANSWERS  : D  

Explanation-   The difference between the productions of Companies X and Y in various years are: 

 For 1997 (139000 - 119000)  = 20000. 

 For 1998 (120000 - 99000)  = 21000. 

 For 1999 (141000 - 100000)  = 41000. 

 For 2000 (128000 - 78000) = 50000. 

 For 2001 (120000 - 107000) = 13000. 

 For 2002 (159000 - 148000) = 11000. 

 Clearly, maximum difference was in 2000.

5. ANSWERS  :  B

Explanation  - Required percentage= 12800078000×100 % = 164%

1. ANSWER :   C 

Explanation -   34 x 3.6 = 122.4 (since 1% = 3.6 degrees)  

2. ANSWER :  B 

Explanation -   (67/11) x 4000 = 24 363.6364   

3. ANSWER :  C

Explanation -  (33 + 11) = 44 

4. ANSWER :  A

Explanation -  Investment other than NRI and corporate houses is 33% = 335000.  Also, investment by offshore funds and NRI's is equal to 27%.

 Hence, (27 x 335000)/33 = 274 090.909

5. ANSWER : B

Explanation -  FII's currently account for 33 out of 100.

If their value is doubled and all other investments are kept constant then their new value would be 66 out of 133 = approximately equal to 50%

Credit Management is the process of managing the outstanding receivables of the organistion as per the policies adopted by the organisation. Companies might the approach of categorising the B/R by their ageing and provision for the same would be taken into account while preparing the financial statements for an organisation.

Accounts Receivable department is very important department of the company. The responsbilities of the department is approval of credit limit to the customer study the past history of customer credit sending invoices to the customer updation of the customer credit data factoring contacts with the factoring agents follow up of customers motivating the customers to pay the dues intime and communicating the information to the management. Credit sales data estimation of credit sales for the future period request for funds to finance department whenever they required follow up of customers receivables management.

Answer : C

Explanation:

Virtual circuits (VC)s are identified by DLCIs. DLCI values typically are assigned by the Frame Relay service provider. Frame Relay DLCIs have local significance.  A DLCI identifies a VC to the equipment at an endpoint. A DLCI has no significance beyond the single link. Two devices connected by a VC may use a different DLCI value to refer to the same connection.

Invoice holds are 2 types
1)Sytem Hold               2) User Defined Holds.

Sytem Holds: Sytem holds the invoice if the Invoice Amt total is not equal to Invoice Distribution Amt. To release the hold correct the amount and again validate the invoice.

User Defined Holds: These is defined by user. If we do want to make payments to the validated invoice. Go to particular invoice and apply hold going to Holds tab.

Open item management ensures that all items that have not yet been cleared are available in the system. Only after every open item in a document is cleared can a document be archived.

Liabilities are what all u owe from the bank on notes payable or in other words it is:

Liability=Asset-Owners equity

what company owes that is liability. liability = Asset-capital