Download PTU M.Com 2020 March 3rd Sem 72259 International Accounting Question Paper

Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) M.Com 2020 March (Master of Commerce) 3rd Sem 72259 International Accounting Previous Question Paper

1 | M - 7 2 2 5 9 ( S 1 8 ) - 1 9 7 4
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
M.Com. (Professional) (2016 to 2017) (Sem.?3)
INTERNATIONAL ACCOUNTING
Subject Code : MCOPFA-303
M.Code : 72259
Time : 3 Hrs. Max. Marks : 80
INSTRUCTION TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions each carrying FIFTEEN marks
each and students has to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY
marks in all.

SECTION-A
1. What are the various methods of foreign currency translation .Give various methods and
practices.
2. Define International accounting. Discuss its scope.
SECTION-B
3. How is performance of foreign operations computed? Discuss in detail.
4. Define the following :
a) Social Responsibility
b) Management control System
SECTION-C
5. Why is there need for convergence of national Accounting standards with the
International Accounting Standards?
6. Write in detail of IFRs adoption by Indian companies.
SECTION-D
7. Define International transfer pricing. Explain the various objectives of International
Transfer Pricing.
8. What are different challenges of analyzing financial reports from foreign in comparison
to reports of national companies?
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1 | M - 7 2 2 5 9 ( S 1 8 ) - 1 9 7 4
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
M.Com. (Professional) (2016 to 2017) (Sem.?3)
INTERNATIONAL ACCOUNTING
Subject Code : MCOPFA-303
M.Code : 72259
Time : 3 Hrs. Max. Marks : 80
INSTRUCTION TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions each carrying FIFTEEN marks
each and students has to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY
marks in all.

SECTION-A
1. What are the various methods of foreign currency translation .Give various methods and
practices.
2. Define International accounting. Discuss its scope.
SECTION-B
3. How is performance of foreign operations computed? Discuss in detail.
4. Define the following :
a) Social Responsibility
b) Management control System
SECTION-C
5. Why is there need for convergence of national Accounting standards with the
International Accounting Standards?
6. Write in detail of IFRs adoption by Indian companies.
SECTION-D
7. Define International transfer pricing. Explain the various objectives of International
Transfer Pricing.
8. What are different challenges of analyzing financial reports from foreign in comparison
to reports of national companies?
2 | M - 7 2 2 5 9 ( S 1 8 ) - 1 9 7 4
SECTION-E
9. Write short notes on the following :
a. CUP method of transfer pricing
b. Foreign currency transaction
c. International accounting
d. Internationalization capital market
e. IFRS
f. Need for translation
g. Standardization
h. Harmonization
i. Inventory turnover ratio
j. Stakeholder










NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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