Exam Details
| Subject | accounting for management | |
| Paper | ||
| Exam / Course | mba | |
| Department | ||
| Organization | TKR Institute Of Management & Science | |
| Position | ||
| Exam Date | June, 2018 | |
| City, State | telangana, hyderabad |
Question Paper
FACULTY OF MANAGEMENT
M.B.A. I Semester (CBCS) Examination, May June 2018
Subject Accounting for Management
Paper MB 102
Time 3 hours Max. Marks 80
PART A x 4 20 Marks)
(Short Answer Type)
1 Journal
2 Capital Expenditure
3 Tax planning
4 Tax evasion
5 Make or Buy decision
PART B x 12 60 Marks)
(Essay Answer Type)
6 Explain scope and importance of Financial Accounting.
OR
Explain the accounting concepts and convention.
7 Explain the various provisions of Indian Companies Act regarding preparation
and presentation of Financial Statements.
OR
From the following trial balance of a trader on 31st March 2016, prepare
trading and profit and loss account for the year ended 31-3-2016 and a
balance sheet as on that date
Particulars Debit Particulars Credit
Cash in hand 1200 Capital 60000
Purchase 100000 Bank loan 20000
Opening stock 35000 Bills payable 20000
Sundry debtors 50000 Sundry Creditors 24000
Plant and Machinery 60000 Sales 200000
Furniture 15000 Bad debts reserve 1200
Bills receivable 18000 Rent outstanding 1000
Rent and taxes 10000
Wages 16000
Wages prepaid 1000
Salaries 20000
326200 326200
Additional Information
1 Create reserve for doubtful debts at on sundry debtors
2 Write off Rs.500 as bad debts.
3 Depreciate plant and machinery at and on furniture at 10%.
4 Provide outstanding liabilities taxes Rs.2000 and salaries Rs.4000
5 Closing stock Rs.40000
..2
OU 2260 OU 2260
Code No. 4532
2
8 What is meant by financial analysis and explain the need for and significance
of financial statements analysis?
OR
Mr. Krishna Co. presents the following information for the year ended 31
December 2016.
Credit Sales Rs.150000 Cash sales Rs.250000
Returns Inwards Rs.25000 Opening stock Rs.28000
Closing Stock Rs.35000
Find out inventory turnover ratio when gross profit is 20% on sales. Also
calculate inventory holding period.
9 What is Cash flow statement? What are the advantages of Cash flow
statement.
OR
Prepare Cash flow statement from the following
Balance Sheet of Ramana Sree Ltd.
Liabilities 31-3-2015
Rs.
31-3-2016
Rs.
Assets 31-3-2015
Rs.
31-3-2016
Rs.
Share Capital 220000 220000 Land
Building
40000 37500
Share premium 30000 30000 Machinery 70000 100000
Secured loan 27000 Investment 90000 85000
General reserve 50000 30000 Current Assets 230000 60000
P L A/c 32000 43000 Cash 10000 7500
Current Liabilities 98000 110000 Debtors 18300 167500
Proposed
dividend
70000 40000 Bank balance 41700 42500
500000 500000 500000 500000
Additional information
1 Depreciation on building is Rs.10000
2 During the year machinery costing Rs.9500 (WDV Rs.1700) was sold for
Rs.3500
10 What is meant by CVP analysis? Explain the managerial uses of break even
concept.
OR
There are two similar plants under the same management. The management
desires to merge these two plants. The following particulars are available.
Plant I Plant II
Capacity operation 100% 60%
Sales Rs.300 lakhs Rs.120 lakhs
Variable costs Rs.220 lakhs Rs.90 lakhs
Fixed costs Rs.40 lakhs Rs.20 lakhs
You are required to calculate
1 What capacity of the unused plant would have to be operated for the
purpose of breakeven and
2 What the profitability on working at 75% of the merged capacity would be?
M.B.A. I Semester (CBCS) Examination, May June 2018
Subject Accounting for Management
Paper MB 102
Time 3 hours Max. Marks 80
PART A x 4 20 Marks)
(Short Answer Type)
1 Journal
2 Capital Expenditure
3 Tax planning
4 Tax evasion
5 Make or Buy decision
PART B x 12 60 Marks)
(Essay Answer Type)
6 Explain scope and importance of Financial Accounting.
OR
Explain the accounting concepts and convention.
7 Explain the various provisions of Indian Companies Act regarding preparation
and presentation of Financial Statements.
OR
From the following trial balance of a trader on 31st March 2016, prepare
trading and profit and loss account for the year ended 31-3-2016 and a
balance sheet as on that date
Particulars Debit Particulars Credit
Cash in hand 1200 Capital 60000
Purchase 100000 Bank loan 20000
Opening stock 35000 Bills payable 20000
Sundry debtors 50000 Sundry Creditors 24000
Plant and Machinery 60000 Sales 200000
Furniture 15000 Bad debts reserve 1200
Bills receivable 18000 Rent outstanding 1000
Rent and taxes 10000
Wages 16000
Wages prepaid 1000
Salaries 20000
326200 326200
Additional Information
1 Create reserve for doubtful debts at on sundry debtors
2 Write off Rs.500 as bad debts.
3 Depreciate plant and machinery at and on furniture at 10%.
4 Provide outstanding liabilities taxes Rs.2000 and salaries Rs.4000
5 Closing stock Rs.40000
..2
OU 2260 OU 2260
Code No. 4532
2
8 What is meant by financial analysis and explain the need for and significance
of financial statements analysis?
OR
Mr. Krishna Co. presents the following information for the year ended 31
December 2016.
Credit Sales Rs.150000 Cash sales Rs.250000
Returns Inwards Rs.25000 Opening stock Rs.28000
Closing Stock Rs.35000
Find out inventory turnover ratio when gross profit is 20% on sales. Also
calculate inventory holding period.
9 What is Cash flow statement? What are the advantages of Cash flow
statement.
OR
Prepare Cash flow statement from the following
Balance Sheet of Ramana Sree Ltd.
Liabilities 31-3-2015
Rs.
31-3-2016
Rs.
Assets 31-3-2015
Rs.
31-3-2016
Rs.
Share Capital 220000 220000 Land
Building
40000 37500
Share premium 30000 30000 Machinery 70000 100000
Secured loan 27000 Investment 90000 85000
General reserve 50000 30000 Current Assets 230000 60000
P L A/c 32000 43000 Cash 10000 7500
Current Liabilities 98000 110000 Debtors 18300 167500
Proposed
dividend
70000 40000 Bank balance 41700 42500
500000 500000 500000 500000
Additional information
1 Depreciation on building is Rs.10000
2 During the year machinery costing Rs.9500 (WDV Rs.1700) was sold for
Rs.3500
10 What is meant by CVP analysis? Explain the managerial uses of break even
concept.
OR
There are two similar plants under the same management. The management
desires to merge these two plants. The following particulars are available.
Plant I Plant II
Capacity operation 100% 60%
Sales Rs.300 lakhs Rs.120 lakhs
Variable costs Rs.220 lakhs Rs.90 lakhs
Fixed costs Rs.40 lakhs Rs.20 lakhs
You are required to calculate
1 What capacity of the unused plant would have to be operated for the
purpose of breakeven and
2 What the profitability on working at 75% of the merged capacity would be?
Other Question Papers
Subjects
- accounting for management
- banking and insurance
- business analytics
- business communication
- business intelligence
- business law and environment
- business process reengineering
- business research methods
- compensation management (hr)
- compensation management (major)
- consumer behaviour (major)
- customer relationship management
- database management systems
- decision support systems
- e-business
- economic environment & policy
- entrepreneurial development
- financial accounting and analysis
- financial management
- financial risk management (f)
- financial risk management (major)
- financial services and systems (minor)
- fundamentals of technology management
- human resource management
- i.t. applications for management
- information technology applications for business
- innovation management
- international business
- international finance (f)
- investment management (major)
- labour laws and employee relations
- leadership and change management
- management and organizational behaviour
- managerial communication
- managerial economics
- marketing engineering
- marketing management
- operations management
- operations research
- organization development (hr)
- organizational development (minor)
- performance management (major)
- product & brand management (m)
- product and brand management (major)
- promotion & distribution management (m)
- promotion and distribution management (minor)
- research for marketing decisions
- retail management
- services and global marketing (minor)
- software project management
- startup management
- statistics for management
- strategic management
- strategic management accounting (minor)
- supply chain management
- talent and knowledge management (minor)
- total quality management