ICFAI Papers

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You are looking for the question paper for the Institute of Chartered Financial Analysts of India now you can download it from here some of the questions are listed here:


1. Prime cost plus variable overheads is
(a) Total cost
(b) Cost of sales
(c) Production cost
(d) Marginal cost
(e) Cost of goods sold. (1
2. A sunk cost is
(a) A common fixed overhead cost
(b) Irrelevant to decision making
(c) Relevant to long-term decision making
(d) Relevant to short-term decision making
(e) A substitute for opportunity cost. (1
3. A company is producing three products-A, B and C. A and B are profit making products and product C
is a loss making product. The company is paying a rent of Rs.60,000 per annum for its factory. For the
decision of whether to continue or discontinue product C, the rent of factory is considered as
(a) Marginal cost
(b) Unavoidable cost
(c) Avoidable cost
(d) Opportunity cost
(e) Imputed cost.

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