Download JNTUA MBA 2018 May-June Supply 1st Sem 17E00104 Financial Accounting for Managers Question Paper

Download JNTUA (JNTU Anantapur) MBA (Master of Business Administration) 2018 May-June Supplementary 1st Sem 17E00104 Financial Accounting for Managers Previous Question Paper

Code: 17E00104

MBA & MBA (Finance) I Semester Supplementary Examinations June/July 2018
FINANCIAL ACCOUNTING FOR MANAGERS
(For students admitted in 2017 only)

Time: 3 hours Max. Marks: 60

SECTION ? A
(Answer the following: (05 X 10 = 50 Marks)

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1 Explain the need and significance of financial accounting.
OR
2 Distinguish between single entry and double entry system of accounting.

3 What is a ledger? What are its concepts?
OR
4 Prepare a model of trading and profit & loss A/c of your choice.

5 Discuss various methods of depreciation in brief.
OR
6 Briefly explain about LIFO method with its limitations.

7 What are the objectives behind the preparation of funds flow statement?
OR
8 Explain the advantages and limitations of ratio analysis.

9 What do you understand by analysis of financial statements? Explain.
OR
10 What are the steps involved in preparation of cash flow statement?

SECTION ? B
(Compulsory question, 01 X 10 = 10 Marks)
11 Case Study:
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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