ACCOUNTING AND FINANCIAL MANAGEMENT
Previous year question paper with solutions for ACCOUNTING AND FINANCIAL MANAGEMENT
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- What do you mean by Current Assets?
- Define equity.
- Write a short note on Objectives of Accounting.
- Differentiate between current and long term liabilities.
- Define Ratio Analysis.
- What do you mean by budgetary control?
- What is the implication of debiting an asset?
- Explain briefly the term Revenue.
- What are the responsibilities of an accountant?
- What is break even chart?
- Accounting cycle
- Full disclosure
- External users of accounting
- Personal accounts
- List down different functional areas of financial management.
- Stock turnover ratio
- Limitations of break even analysis.
- Profit volume ratio
- Material usage variance
- Budgetary control