M.B.A. DEGREE EXAMINATION, NOVEMBER 2017
First Semester
FINANCIAL AND MANAGEMENT ACCOUNTING
(Common for M.B.A.
(CBCS 2016 onwards)
Time 3 Hours Maximum 75 Marks
Section A x 3 15)
Answer all questions.
All questions carry equal marks.
1. Define Accounting.
2. What do you mean by Debt Turnover Ratio?
3. What is an Investment Activity?
4. What is the Payback Period Method?
5. What is Deferred Revenue?
Section B 10 50)
Answer all questions, choosing either or
6. Explain the Nature and Scope of Accounting.
Or
Discuss the various Accounting Concepts and
Conventions.
Sub. Code
622103/
632103/
641103/
643103/
652103
RW-783
2
Sp 5
7. What are the Types of Financial Statement
Analysis? Explain.
Or
Describe the Merits and Demerits of Ratio analysis.
8. What are the Advantages and Limitations of Cash
flow statement? Discuss.
Or
Describe the Scope and Objectives of Fund Flow
Statement.
9. Explain the Features and Significance of Capital
Budgeting.
Or
What is Budget? Explain its Importance.
10. Differentiate between Indian Accounting standards
and International Financial Reporting standards.
Or
How Borrowing Cost are recognized as per Ind AS
23? Explain.
Section C x 10 10)
Compulsory.
11. Equipment A has a cost of 75,000 and net cash flow of
20,000 per year for six years. A substitute equipment B
would cost of 50,000 and generate net cash flow of
14,000 per year for six years. The required rate of return
of both equipments is 11 per cent. Calculate the IRR and
NPV for the equipments. Which equipment should be
accepted any why?
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