• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers from IGNOU

Note : Question 1 is compulsory and carries 30 marks. From the remaining attempt any three questions. Each of these carries 15 marks.

1. (a) Explain the following terms in about 10 lines each (10 marks)
(i) Human Resource Accounting
(ii) Matching Concept
(iii) Gross Profit
(iv) Financial Leverage

(b) Narrate the role of cor0puters in accounting. (10 marks)

© What do you understand by Cash Flow Statement ? What are the broad headings and important sub classifications to be incorporated there under as per Accounting Standard ? (10 marks) (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Dec 2001 from IGNOU

Note : There are 6 questions in the paper. Question no. 1 is compulsory and carries 35 marks. From the remaining attempt any two questions. Each of these carries 20 marks.

1.
(a) Explain in about lines each, the following terms : 30
(1) Cost Accounting
(2) Finance Officer
(3) Continuity/going concern concept
(4) FIFO & LIFO method, of inventory valuation.
(5) Liquidity ratios.

(b) What would be the adverse consequences of inadequate working capital ?

© Distinguish between Straight Line and Written Down methods of providing depreciation. Illustrate by an example. 30

2.
(a) Regent Ltd., has a sales revenue of Rs 10,000/- and depreciation for the period is Rs 2,000. The other expenses are Rs 9,000.
(1) What would be the net loss for the period ? (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Dec 2000 from IGNOU

Note : There are 6 questions in the paper. Question no. 1 is compulsory and carries 35 marks. From the remaining attempt any two questions. Each of these carries 20 marks.

1.
(a) In about one short paragraph, explain the meaning of the following words or phrases:
(i) Social Responsibility
(ii) Accrual Concept
(iii) Contingent Liabilities
(iv) Leverage Ratio
(v) Budgetary Control

(b) Explain briefly the advantages of Zero base budgeting

© Describe briefly the various approaches to managing working capital (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of June 2001 from IGNOU

Note : There are 6 questions in the paper. Question no. 1 is compulsory and carries 35 marks. From the remaining attempt any two questions. Each of these carries 20 marks.

1.
(a) Explain the following terms in about 10 lines each :
i) Social Responsibility Accounting
ii) Accrual Concept
iii) Operating Profit
iv) Opportunity Cost
v) Margin of Safety

(b) Discuss the scope of modern accounting.

© What factors affect the working capital requirements? Explain briefly.
(more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Dec 1999 from IGNOU

Note : Question 1 is compulsory. Attempt any three from the rest.

1.
(a). In about one short paragraph, explain the meaning of the following words or phrases :

(i). Financial Accounting
(ii). Contingent liability
(iii). Opportunity Costs
(iv). break-even Analysis
(v). Return on Equity

(b). State the group of persons having an interest in an business organisation and examine the nature of their information heads.

©. Accounting is closely and connected with control. Elaborate the statement and discuss the role of accounting feedback in the process of control. (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of June 2000 from IGNOU

Note : There are 6 questions in the paper. Question no. 1 is compulsory and carries 35 marks. From the remaining attempt any two questions. Each of these carries 20 marks.

1.
(a) In about one short paragraph, explain the meaning of the following words or phrases:
(i) Management Accounting
(ii) Owner’s Equity
(iii) Imputed or Hypothetical Costs
(iv) Marginal Costing
(v) CVP Analysis

(b) Discuss the role of accountants in modern business organisations

© What is a Balance Sheet and what information does it convey to outsider ? (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Jun 1999 from IGNOU

Note : There are 6 questions in the paper. Question no. 1 is compulsory and carries 35 marks. From the remaining attempt any two questions. Each of these carries 20 marks.

1.
(a). In about one short paragraph, explain the meaning of the following words or phrases :
(i). Owner’s equity
(ii). Asset
(iii). Working capital
(iv). Accounts receivable
(v). Internal rate of return

(b). What is the present value of each flow of Rs. 5,000 to be received at the end of 3 years, discounted at 12% annual rate of interest ? (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Dec 1999 from IGNOU

Note : Question 1 is compulsory. Attempt any three from the rest.

1.
(a). In about one short paragraph, explain the meaning of the following words or phrases :

(i). Financial Accounting
(ii). Contingent liability
(iii). Opportunity Costs
(iv). break-even Analysis
(v). Return on Equity

(b). State the group of persons having an interest in an business organisation and examine the nature of their information heads.

©. Accounting is closely and connected with control. Elaborate the statement and discuss the role of accounting feedback in the process of control. (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Jun 1999 from IGNOU

Note : There are 6 questions in the paper. Question no. 1 is compulsory and carries 35 marks. From the remaining attempt any two questions. Each of these carries 20 marks.

1.
(a). In about one short paragraph, explain the meaning of the following words or phrases :
(i). Owner’s equity
(ii). Asset
(iii). Working capital
(iv). Accounts receivable
(v). Internal rate of return

(b). What is the present value of each flow of Rs. 5,000 to be received at the end of 3 years, discounted at 12% annual rate of interest ? (more…)

• CS-54 - Finance & Accounting On Computers

Question Paper of CS-54 - Finance & Accounting On Computers of Dec 1998 from IGNOU

Note : Question 1 is compulsory. Attempt any three from the rest.
1.
(a). In about one short paragraph, explain the meaning of the following words or phrases :
(i). Accounts receivable
(ii). Payback period
(iii). Marginal costing
(iv). Internal rate of return
(v). Owner’s equity

(b). Answer the following questions as Yes if the statement given is true or No. If it is not. You need not write anything more
(i). The ideal value for the Current Ratio is 2 : 1
(ii). The ideal value for the Quick Ratio is 2 : 1
(iii). Preference Shares always form part of debt
(iv). Debt-equity ratio overstates the use of leverage
(v). Fixed-return securities include equity share (more…)