N A L A N D A O P E N U N I V E R S I T Y
Master of Computer Application Part-II
PAPER-XIV
(Accounting Financial Management)
Annual Examination, 2018
Time 3 Hours. Full Marks 80
Answer any Five Questions.
All questions carry equal marks.
1. Define Accounting and throw light on its scope.
2. What is working capital Describe its sources.
3. Define financial management and describe its features.
4. What is Final Account What are its objectives Describe the components of Final Account.
5. What are the reasons for holding inventory Explain the objectives of inventory management.
6. What is fund flow statement How is it prepared Give an example.
7. What is balance sheet What are its objectives and importance. Give an example of Balance
Sheet.
8. From the following Balance Sheets of Sen Co. prepare Cash Flow Statement for the year
ended 31st December 2017.
Liabilities Capital 2016
Rs.
2017
Rs. Assets 2016
Rs.
2017
Rs.
Creditors 40,000 44,000 Cash 16,000 44,000
Outstanding Expenses 10,000 2,000 Debtors 30,000 22,000
Loan 20,000 10,000 Bills Receivable 10,000 —
Capital 2,16,000 3,36,000 Stock 40,000 56,000
Fixed Assets 1,90,000 2,70,000
2,86,000 3,92,000 2,86,000 3,92,000
During the year the proprietor introduced Rs. 40,000 as additional capital. The net profit for
the year after charging Rs. 10,000 as depreciation on fixed assets, were Rs. 1,00,000.
9. Calculate the following ratios with imaginary figures
Net profit ratio. Operating ratio. Current ratio.
Stock turnover ratio. Debt equity ratio. Proprietary ratio.
10. Write notes on any Two of the following
Cash from operations. Need for holding cash.
Liberal credit policy.