Previous Year Very Short Questions of CA-2 (BCOM 4th)

Corporate accounting-2

Previous year question paper with solutions for Corporate accounting-2

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  1. Difference between amalgamation and absorption
  2. What is Minority Interest?
  3. What is compulsory winding up?
  4. What is slip system of posting?
  5. Give the treatment of reserve for unexpired risk in case of fire business
  6. What is cash reserve ratio?
  7. What is reinsurance premium payable?
  8. Define amalgamation in nature of purchase
  9. Give the treatment of Bonus Issue while making Consolidated Balance Sheet.
  10. Who are preferential creditors?
  11. Liquidator's remuneration
  12. Inter-company Owings
  13. Life insurance
  14. Minority interest
  15. Voluntary winding up
  16. Operating expenses
  17. Reasonable return
  18. Contingencies reserve
  19. External reconstruction
  20. Capital profits
  21. Distinguish between external and internal reconstruction
  22. What is amalgamation in the nature of merger?
  23. What is minority interest?
  24. Define post acquisition (Revenue) profit
  25. What is B - list of contributories?
  26. What is deficiency account?
  27. Explain rebate on bill discounted
  28. What are sub-standard assets?
  29. Explain additional reserve for unexpired risk.
  30. Explain bonus in reduction of premium