The Closing stock of investment is valued -
A) Always at purchase price
B) At cost or market price whichever is less
C) Always at market price
D) Purchase price less likely reduction in market price.
Correct Answer:
Verified
Q3: Interest on security is calculated on -
A)It
Q4: Capital value in case of cum-interest purchase
Q5: Investment Accounts are kept
A)Only by Brokers
B)only by
Q6: The interest on fixed dates are received
Q7: In case of purchase and sales of
Q9: Cum interest price of security is_than ex-
Q10: The Capital Value of Investments in case
Q11: Cost of Investment does not include
A)Interset
B)Brokerage
C)Stamp Duty
D)None
Q12: Total amount payable less its cash price
Q13: Cash price of asset + Interest =_price
A)Contract
B)Market
C)After
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