Question Paper Of CS-54 Finance & Accounting On Computers June-2004

Q.1(a). In about one short paragraph, explain the meaning of the following words or phrases:

(b) Write a brief note on accounting as an information system.

© Discuss any three important accounting concepts.

Question Paper Of CS-54 Finance & Accounting On Computers Dec-2003

Q.l(a). In about one short paragraph, explain the meaning of the following words or phrases:

(b) What role is a management accountant required to play in the current business scenario?

© What is a Profit and Loss Statement and what information does it provide?

Question Paper Of CS-54 Finance & Accounting On Computers June- 2003

Q.l(a). Explain the following terms in about 10 lines each:

(b) Narrate the role of computers in accounting.

© What do you understand by Cash Flow Statement? What are the broad heading! and important sub-classifications to be incorporated there under as per Accounting Standard?

Question Paper Of CS-54 Finance & Accounting On Computers Dec- 2002

Q.1(a). Write short notes on any two of the following :

(b) How does Management Accounting differ from Financial Accounting? Explain briefly, how management accounting helps the Management of a company in making its decisions.

© State the various factors that affect the capital structure of a company.

Question Paper Of CS-54 Finance & Accounting On Computers June -2002

Q.1(a). Explain the following terms in about 10 lines each

(b) Discuss the importance of setting accounting standards.

© What are the factors influencing major investment decisions of a large corporation?

Question Paper Of CS-54 Finance & Accounting On Computers Dec-2001

Q.1(a). Explain in about 10 lines each, the following terms:

(b) What would be the adverse consequences of inadequate working capital?

© Distinguish between Straight Line and Written Down method of providing depreciation. Illustrate by an example

Question Paper Of CS-54 Finance & Accounting On Computed June- 2001

Q.l(a). Explain the following terms in about 10 lines each.

(b) Discuss the scope of modern accounting?

© What factors affect the working capital requirements? Explain briefly.

Question Paper Of CS-54 Finance & Accounting On Computers Jan-2001

Q.l(a). Write very short notes on the following :

(b) What is variance? Why are the variances computed?

© What do you mean by Funds Flow Statement? Why and how is it prepared?

Why is it prepared?

Question Paper Of CS-54 Financed Accounting On Computers June-2000

Q.l(a). In about one short paragraph, explain the meaning of the following words or phase.

(b)Discuss the role of accountants in modern business organization.

© What is a Balance Sheet and what information does it convey to an outsider?

Question Paper Of CS-54 Finance & Accounting On Computers Dec-1999

Q.1(a). In about one short paragraph, explain the meaning of the following words or phase:

(b) State the group of persons having an interest in a business organization and examine the nature of their information head?

© “Accounting is closely connected with control". Elaborate the statements and discuss the role of accounting feedback in the process of control.

Questione Paper Of CS-54 Finance & Accounting On Computers June -2005

Q.l(a) From the following information calculate all Material and Labour variances.

Standard requirement is 2.5 hours per unit

(b) What do you understand by ‘Variance analysis’? Also explain :he variance can be controlled.

Question Paper Of CS-54 Finance & Accounting On Computers Dec-2004

Q.1(a) Substantiate the statement : “Through management accounting, the accounting information system is used by the enterprise for planning,) controlling and decision making.”

(b) What is meant by the term ‘capital budgeting’? Why are discounted cash flow methods of capital budgeting decisions superior to other methods?

© Write short notes on any four of the following :

(vi) Fluctuating Working Capital