State the nature of hire purchase agreement.

1. State the nature of hire purchase agreement. 2. State para 4 of AS–19 in respect of hire purchase accounting. 3. Each instalment including down payment (if any) is treated as hire charges by the

 

A buyer

B seller

C none of these.

4. The hire purchaser can record the asset at its

A hire purchase price

B cash down price

C none of these.

5. Interest is charged on the amount

A outstanding

B paid

C none of these.

6. Assets are generally repossessed at a mutually agreed

A value

B current price

C none of these.

7. Under instalment payment system, the seller treats the transaction as a

A cash sale

B credit sale

C none of these.

8. Minimum lease payments are :

(i) payments over the lease term, the lessee is to make

(ii) contingent rent

(iii) any residual value guaranteed by the lessee.

Which of the following is correct ?

A (i), (ii) and (iii)

B (i) and (iii)

C (i) and (ii)

9. Gross investment in the lease is the aggregate of the

A minimum lease payments under finance lease from the stand point of the lessor

B minimum lease payments under finance lease from the stand point of the lessor and any guaranteed residual value accruing to the lessor

C minimum lease payments under finance lease from the stand point of lessor and any unguaranteed residual value accruing to the lessor

 

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determine values for K7 and K8.

Polyolefins such as polyethylene undergo slow degradation when placed in air. Degradation occurs by reactions with atmospheric oxygen that lead to the formation of carbonyl groups (groups containing oxygen), gradual….

State the differences in operation and application for junction transistors and MOSFETs.

1. State the differences in operation and application for junction transistors and MOSFETs. 2. We note in Section 12.5 (Figure 12.20) that in FeO (wüstite), the iron ions can exist in both….

Determine values of DT for aluminum, steel, aluminum oxide, soda–lime glass, polystyrene, and nylon 6,6 using the data in Table 19.1.

Nonsteady-state heat flow may be described by the following partial differential equation:     where DT is the thermal diffusivity; this expression is the thermal equivalent of Fick’s second law of diffusion….