Important topics

Short type questions:-

1. Meaning of Financial Accounting.
2. Meaning of Accounting Standards.
3. Meaning of Management Accounting
4. Accounting Standards
5. Book keeping
6. Define Accounting Cycle
7. Double Entry system of Accounting
8. What is ratio analysis
9. What is break even Point
10. Define Financial Management
11. Define Capital Structure
12. Define working capital
13. Define cash budget and cash management
14. Define Economic Order Quantity

Long answer type questions:-

1. Distinguish between Financial accounting and management
accounting
2. Define GAAPs/ accounting principles. Explain these principles
3. Distinguish between book keeping and accounting
4. Differentiate between capital and revenue expenditure.
5. Explain the classification of balance sheet items
6. Explain the different rules of debit and credit in accounting
7. What is trial balance? Explain the errors of trial balance
8. What are the differences between cash glow statement and
fund flow statement
9. Elaborate the concept of fund flow analysis
10. Difference between equity shares and preference shares
11. Describe implicit and explicit costs
12. What is capital structure. Explain the theories of capital
structure
13. What are the concepts of working capital? Discuss its types
in detail.
14. What are the objectives of cash management? Explain cash
cycle.