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Code: 17E00104
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MBA & MBA (Finance) I Semester Supplementary Examinations June/July 2018
FINANCIAL ACCOUNTING FOR MANAGERS
(For students admitted in 2017 only)
Time: 3 hours
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Max. Marks: 60
SECTION -A
(Answer the following: (05 X 10 = 50 Marks)
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Explain the need and significance of financial accounting.
OR
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Distinguish between single entry and double entry system of accounting.
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What is a ledger? What are its concepts?
OR
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Prepare a model of trading and profit & loss A/c of your choice.
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Discuss various methods of depreciation in brief.
OR
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Briefly explain about LIFO method with its limitations.
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What are the objectives behind the preparation of funds flow statement?
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Explain the advantages and limitations of ratio analysis
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What do you understand by analysis of financial statements? Explain.
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What are the steps involved in preparation of cash flow statement?
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OR
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SECTION-B
(Compulsory question, 01 X 10 = 10 Marks)
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Case Study:
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From the following information prepare a stores ledger accounting under FIFO and LIFO methods.
- 1-1-2013 Opening stock | 100 units @ Rs. 5 each
- 5-1-2013 Purchased 900 units @ Rs. 6 each
- 10-1-2013 Issued 1200 units
- 12-1-2013 Purchased 800 units @ Rs. 6.20 each
- 15-1-2013 Purchased 300 units @ Rs. 6.40 each
- 19-1-2013 Issued 600 units
- 27-1-2013 Purchased 200 units @ Rs. 6.50 each
- 31-1-2013 Issued 200 units
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This download link is referred from the post: JNTU Anantapur MBA 1st Sem last 10 year question papers 2010 -2020 -All regulation-1st Year 1st Sem
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