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CS-54 Finance & Accounting On Computers June- 2003

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. (c) 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? Q.2. How will you compute return on capital employed ? Explain with the help of imaginary figure, taking maximum possible items of Profit and Loss Account and Balance Sheet. Q.3. What are the factors that a financial manager would take into consideration while

CS-54 Finance & Accounting On Computers June-2004

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. (c) Discuss any three important accounting concepts. Q.2. ABC Company's financial statements contain the following information Q.3. The balance Sheets of a Petro company for the year 1999 and 2000 are as follow: Q.4. How are cash budgets prepared ? Give their importance. Can computers be useful in preparation of

CS-54 Finance & Accounting On Computers Dec- 2002

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. (c) State the various factors that affect the capital structure of a company. Q.2. From the following information relating to Smith Sons, calculate the breakeven point and the turnover required to earn a profit of Rs. 3,00,000. Fixed Overheads :

CS-54 Finance & Accounting On Computers Dec-2004

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? (c) Write short notes on any four of the following : (i) Accural Concept (ii) Financial and Operating

CS-54 Finance & Accounting On Computers June -2005

Questione Paper Of CS-54 Finance & Accounting On Computers June -2005 Q.l(a) From the following information calculate all Material and Labour variances. Material purchased (20,000 units) Rs. 88,000 Material consumed (19,000 units) Actual wages paid for 4950 hours Rs. 24,750 Units produced 1,800 units Standard rates and pieces are: Direct material rate is Rs. 4.00 per unit Standard input is 10 numbers for one unit Direct labour rate is Rs. 4.00 per hour Standard requirement is 2.5