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  • Exam Number/Code : CIMAPRO19-CS3-1
  • Exam Name : Strategic Case Study Exam
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
For the forthcoming period, the number of units of product L produced must be no more than four times the number of units of product M produced.
The equation to represent this constraint in a linear programming exercise is:
A. L < 4M
B. 4L > M
C. L > 4M
D. 4L < M
Answer: A

NEW QUESTION: 2
R acquired a property by way of gift from his father in the previous year 1991-92 when its FMV was Rs. 3 lakh. The father had acquired the property in the previous year 1983-84 for Rs. 2 lakh. This property was introduced as capital contribution to a partnership firm in which R became a partner on 10/06/2011. The market value of the asset as on 10/06/2011 was 10 lakh, but it was recorded in the books of account of the firm at Rs. 8 lakh. Compute the capital gain chargeable in the hands of R.
A. Rs. 3,075/
B. Rs. 7,040/
C. Nil
D. Rs. 11,055/
Answer: D

NEW QUESTION: 3
Variable life insurance is:
A. Permanent life insurance
B. Flexible life insurance
C. None of these
D. Temporary life insurance
Answer: A

 

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