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NEW QUESTION: 1
The Quick Payment method is best described as the method of _____.
A. creating and printing a computer-generated payment to pay a supplier for one or more invoices
B. manually writing a check outside of Payables
C. recording a payment made outside of Payables
D. creating a payment without an invoice
Answer: A
NEW QUESTION: 2
A. Option A
B. Option B
C. Option C
D. Option D
Answer: A,B
NEW QUESTION: 3
Vikas is 35 years old working as a regional head of a multinational bank and plans to retire at 55 and is earning a salary of Rs. 4,00,000/- p.a. His life expectancy is another 15 year after retiring. He is able to save Rs. 85,000 /- p.a. (END) and regularly invests it in a 6% p.a. investment plan.
Calculate what will be the Vikas's total accumulation at his retirement? And how much he can spend per every year at beginning if he dies at the age of 70 and assuming that he leaves behind Rs. 1,00,000/- as estate.?
A. Rs. 31,26,775/- &Rs. 2,99,665/-
B. Rs. 31,42,780/- &Rs. 3,45,895/-
C. Rs. 30,22,825/- &Rs. 2,98,763/-
D. Rs. 30,62,860/- &Rs. 2,78,863/-
Answer: A