DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2017.
Second Semester
ACCOUNTING AND FINANCIAL MANAGEMENT
(Upto 2012 2013 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — 8 40 marks)
Answer any FIVE questions.
1. Define Accounting. Explain the functions and limitations
of accounting.
2. Explain the procedure involved in preparation of Income
and Expenditure account of hospital.
3. Explain the applicability of services tax for hospital.
4. What is financial management? State the objectives of
financial management of hospitals.
5. Describe the social cost benefit analysis of hospitals.
6. What are the different laboratory equipments available
in hospitals?.
7. What is Double entry system? Explain its advantages.
8. What are the factors influencing investments by
hospitals?
Sub. Code
25
DE-323
2
Sp 1
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. Briefly explain the various accounting concepts.
10. Discuss the various deductions allowed while computing
income for hospitals.
11. What are the different sources for hospital finance?
12. Describe about various budget prepared by the hospitals.
13. Enumerate the patterns of hospital expenditure.
14. Explain the procedure involved in audit of hospitals.
15. The following is the Receipts and Payments A/c of Sruthi
Nursing Home for the year ended 30.06.2015.
Receipts Rs. Payments Rs.
To balance (1.7.14) 2,010 By Salaries of nurses 656
To subscriptions 1,115 By Boarding 380
To fees from non-members 270 By Rent and Taxes 200
To municipal grant 1,000 By cost of vehicle 2,000
To Donations for building
fund
1,560 By Expenses of vehicle 840
To interest 38 By Drugs 670
By Balance c/d
(30.6.15)
1,247
5,993 5,993
The home owns freehold land Rs. 8,000. A donation of
Rs. 100 received for the building fund was wrongly
included in the subscriptions account. A bill for medicines
purchased during the year amounting to Rs. 129 was
outstanding.
Prepare Income and Expenditure A/c for the year and
balance sheet as at 30.06.15.