Sikkim-Manipal University of Health Medical and Technological Sciences (SMUHMTS) 2007 M.B.A Finance

10. (A) 11.(B) 12. (A)
13. (B) 14. (A) 15. (B)
16. (A) 17. (B) 18. (B)
19. (C) 20. (B) 21. (A)
22. (A) 23. (C) 24. (A)
25. (D) 26. (B) 27. a, 2; b,1; c,4; d,3
28. (B) 29. (C) 30. (B)
31. (A) 32. (A) 33. (B)
34. (A) 35. (D) 36. (A)
37. (A) 39. (A) 40. (C)
41. (B) 42. (B) 43. (A)
44. (A) 45. (A) 46. (A)
47. A,1; B,2; C,4; D,3 48. (C) 49. (B)
50. (B) 51. (C) 52. (D)
53. (A) 54. (A) 55. (A)



UNSOLVED ques.

Theory ques.

1. State whether the subsequent accounts are Real, Personal or Nominal:
a. Capital Account
b. Stock Account
c. Cash Account
d. Goods Account
e. Interest Account
f. Discount Account
g. Loss by Fire Account
h. Printing and Stationery Account
i. Bank of India Account
j. Mr. Raghunathan’s Account
k. ABC Partnership Firm Account
l. Building Account

2. ‘Business has indefinite life’ discuss this in the light of Going Concern Concept.

3. elaborate Accounting Conventions? discuss them in brief.

4. What is Journal?

5. What do you mean by ‘narration’ in a journal? Is it necessary?

6. What is ledger? What is its importance?

7. Hoe does Management Accounting differ from Financial Accounting?

OBJECTIVE QUESTIONS:

1. Fill in the blanks with suitable words:
a. An account is always divided into______ sides.
b. The left hand side of the account is called_______ side.
c. Cash Account indicates the receipts and _______ in cash.

Earning:   Approval pending.