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NEW QUESTION: 1
Section C (4 Mark)
Amit an industrialist wants to buy a flat in a housing society presently costing Rs. 35,00,000/- after 6 years.
The cost of the house is expected to increase by 15% p.a for the first 3 years and by 10% in the remaining years. Amit wants to start a SIP with monthly contributions in Birla Front Line Equity Mutual Fund to pay for the down payment of the house which would be 25% of the house value at that time. You as a CWM expect that the fund would give ROI of 14% p.a. compounded monthly in the next 10 years. Please advise Amit the monthly SIP amount starting at the beginning of every month for the next 6 years to fulfill his goal of buying the Flat he desires.
A. 16537.56
B. 65185.55
C. 63422.72
D. 15883.32
Answer: D
NEW QUESTION: 2
Identify the sequence of the steps that are required for performing the accounting setup from this list.
1.Define accounting options.
2.Define primary ledger.
3.Define legal entities.
4.Assign legal entities to accounting setup.
5.Complete accounting setup.
6.Define secondary ledgers.
A. 3, 4, 2, 6, 1, 5
B. 3, 4, 2, 6, 5, 1
C. 1, 3, 2, 4, 5, 6
D. 1, 2, 3, 4, 5, 6
Answer: A
NEW QUESTION: 3
What is Standard model ?
A. Comprised business dynamics with negative impact on managing resources effectively
B. Pre-configured data models, user interface configurations, workflows, and data distribution are available
C. Lack of consistent information impedes to make critical decisions supporting innovation
Answer: B
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