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Total questions: 15
Worksheet time: 3mins
All LCs must submit the financial books as per standard format before the ________
AGM
Legislative meetings
JNC
End of financial Year
All payments (Expense) ,must have a ________
BILL
Invoice
Receipt
Voucher
The reconciliation is paid by the LC __________
Quarter-wise
Yearly
Monthly
Half yearly
The ______ is the Final decison making body on all financial transactions and financial Policies of the LC
VPF
LCP
EB
FTF
All Bills/vouchers/invoices should be in the name of:
EP
Member committee
Host Entity
AIESEC in Pune
The ___________ should be the guideline to track performance of each portfolio
Toolkit
Budget
Tracker
BFT/CFT
How many Levels of product sustainability are there?
0
1
2
3
All invoices of the LC shall be payable within _____ days of the date of submission of invoice.
10
12
14
16
what is the ideal core performance ratio
0.3
0.7
0.5
0.9
Which of the following is not a direct exp
EP KIT
Affiliation Reconciliation
Exchange reconciliation
none
Which type of asset is broken down under the headings: Cost, accumulated depreciation and net value
Current asset
Fixed asset
Current liabilities
None of the above
Exchange recon fee to be charged at ______ for oGX
Acceptance
Approval
Realization
Completion
Exchange Reconciliation fee to be charged at ______ for iCX
Acceptance
Approval
Realization
Completion
How many kinds of membership status are there in AIESEC India
3
4
5
2
Indirect cost=
Core performance x Total indirect cost x (⅓ direct revenue of product + ⅓ direct cost of product + 1/3 percentage approval by product)
Total direct cost + core performance (½ indirect revenue of product + ½ Indirect cost of product + ½ percentage realization by product)
Total direct cost + core performance (¼ indirect revenue of product + 1/4 Indirect cost of product + ¼ percentage realization by product)
