All India Management Association (AIMA) 2007 M.B.A Marketing Management Accounting for ision Making – I - Question Paper
Friday, 01 February 2013 11:00Web
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(b) Rs.3,34,000
(c) Rs.3,22,500
(d) Rs.2,96,500
(e) Rs.3,71,500.
( 2 marks)
18. Normally, a complete set of financial statements does not include
(a) Balance sheet
(b) Income statement
(c) Statement of cash flows
(d) Notes to balance sheet
(e) Prospectus.
( 1 mark)
19. Which of the subsequent items does not appear under the head ‘Reserves and Surplus’ in the balance sheet?
(a) General reserve
(b) Sinking fund
(c) Proposed dividend
(d) Securities premium
(e) Capital redemption reserve.
( 1 mark)
20. The activities that are basically related to the modifications in share capital and long term borrowings of the company are known as
(a) Cash flows relating to financing activities
(b) Cash flows relating to investing activities
(c) Cash flows relating to operating activities
(d) Cash flows relating to operating activities and financing activities
(e) Cash flows relating to financing activities and investing activities.
( 1 mark)
21. The subsequent data are available from the books of Alfa Ltd., for the year 2007-08:
• Cash inflow from operating activities : Rs.1,29,000
• Net Cash outflow from investing activities : Rs.1,00,000
• Net Cash outflow from financing activities : Rs. 35,000
• Cash at the beginning of the period : Rs. 95,000
Cash at the end of the year 2007-08 amounted to
(a) Rs. 89,000
(b) Rs.1,01,000
(c) Rs. 31,000
(d) Rs. 98,000
(e) Rs.1,59,000.
( 2 marks)
22. The total of application of funds of Daniel Ltd., amounted to Rs.90 lakh. The shareholders funds amounted to Rs.60 lakh. The loan funds of Daniel Ltd., amounted to
(a) Rs.145.00 lakh
(b) Rs.150.00 lakh
(c) Rs. 30.00 lakh
(d) Rs. 66.67 lakh
(e) Rs.100.00 lakh.
( 2 marks)
23. Which of the subsequent items should not appear under the head ‘unsecured loans’ in the Balance Sheet of a company?
(a) Sinking fund
(b) Short-term loans from others
(c) Short-term loans from banks
(d) Short-term advances from banks
(e) Fixed deposits.
( 1 mark)
24. Which of the subsequent is not classified as inventory in the financial statements?
(a) Finished goods
(b) Work-in-progress
(c) Stores and spares
(d) Raw-materials
(e) Advance payment made to suppliers for raw materials.
( 1 mark)
25. Following info pertaining to Alex Publishing Ltd., was extracted from the accounting records for the year ended March 31, 2008:
| Earning: Approval pending. |
