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  • Accounts Part B & A Questions - Ist Sem

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    This document outlines repeated theory questions from 5 units that students are required to answer. It includes definitions and explanations of key accounting concepts such as accounting, accounting conventions, human resources accounting, inflation accounting, financial and management accounting. It also includes questions relating to cost accounting concepts like standard costing, process costing, activity based costing and budgeting concepts like marginal costing, budget preparation and types of budgets. There are a total of 76 questions across the 5 units that cover the essential concepts in accounting, cost accounting and management accounting.

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    Accounts

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    This document outlines repeated theory questions from 5 units that students are required to answer. It includes definitions and explanations of key accounting concepts such as accounting, accounting conventions, human resources accounting, inflation accounting, financial and management accounting. It also includes questions relating to cost accounting concepts like standard costing, process costing, activity based costing and budgeting concepts like marginal costing, budget preparation and types of budgets. There are a total of 76 questions across the 5 units that cover the essential concepts in accounting, cost accounting and management accounting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    12 views6 pages

    Accounts Part B & A Questions - Ist Sem

    Uploaded by

    gopinathmechdesign
    This document outlines repeated theory questions from 5 units that students are required to answer. It includes definitions and explanations of key accounting concepts such as accounting, accounting conventions, human resources accounting, inflation accounting, financial and management accounting. It also includes questions relating to cost accounting concepts like standard costing, process costing, activity based costing and budgeting concepts like marginal costing, budget preparation and types of budgets. There are a total of 76 questions across the 5 units that cover the essential concepts in accounting, cost accounting and management accounting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 6

    Unit I-theory repeated questions

    1.Define Accounting and explain various concepts and conventions of


    accounting in detail.- 5 times (Page No.26&27)
    2.Human resources accounting -3 times (Page No.116&117)
    3.Introduction to inflation accounts
    4.Financial accounting / cost and management accounting - 3 times
    Unit I-theory repeated questions - 2Marks
    1. Define Accounting Standards.
    2. What is Human Resource Accounting? Define HRA
    3. What is management accounting?
    4. What is inflation accounting? -2times
    5. Difference between financial & management accounting
    6. Define accounting
    7. Explain GAAP
    8. Difference cost & management accounting ?
    9. What is human resource accounting ?
    10. What is financial accounting ?
    11. What is going concern concept?
    12. Define the term management accounting ?
    13. How does the accounting principles differ from accounting concepts
    14. Define management accounting
    15. Define inflation accounting
    16. Define financial accounting
    17. Define cost accounting
    18. Define separate entity concept
    Unit II-theory repeated questions

    1.Profit or loss prior to incorporation - 4 times


    2.Employee stock options - 3 times
    3.Statutory books - 2 times
    4.Buy back of securities
    5.Conditions of buy back of securities
    Unit III-theory repeated questions

    1.Difference between fund flow & cash flow statement -3 times


    2.Procedure for preparing cash flow statement
    3.what are the advantages and limitations of ratio analysis
    4.Different classification of ratios & explain different probability ratios
    5.what is cash flow statement and its objectives
    Unit IV-theory repeated questions

    1. different types of element of costing with an illustration -2 times


    2. different cost accounting system and its merits / demerits
    3. Explain various steps involved in installation of standard costing in an
    organisation
    4. Process costing and salient features
    5. Explain activity based costing and why its needed ? - 2 times
    Unit V-theory repeated questions

    1. Explain the application of marginal costing with suitable examples


    2. What factors would you consider when preparing a purchase budget?
    3. Explain different types of budgets and its use
    4. Describe the managerial uses of budgetary control
    5. What is meant by budgetary control and standard costing ?explain
    different kinds of cost variance
    6. Discuss the advantage & disadvantages of standard costing ?

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