Management Accounting
Max Marks: 20
Note: The Question paper is divided into three sections A, B, and C. Write Answer as per the given instruction.
Section-A (Very Short Answer Type Questions)
Note: Answer all questions. As per the nature of the question you delimit your answer in one word, one sentence or maximum up to 30 words. Each question carries 1 mark. 4×1=04
Q.1 Balance sheet is also known as _____________ statement.
Q.2 Expenses which remain unpaid at the end of the accounting period are termed as _________ expenses.
Q.3 Explain the meaning of Ratio analysis.
Q.4 Describe the application of ratio analysis.
Section-B (Short Answer Questions)
Note: Answer any 2 questions. Each answer should not exceed 200 words. Each question carries 4 marks. 2×4=08
Q.1 Explain the meaning of Pass Book.
Q.2 What is double column cash book?
Q.3 Explain the purposes of Accounting
Q.4 What are the components of Financial Statements?
Section ‘C’ (Long Answer Questions)
Note: Answer any one question. You have to delimit your each answer maximum up to 800 words. Each question carries 08 marks.
Q.1 What do you mean by Final accounts? What are its components? Name them and briefly explain the purpose of each of them.
Q.2 Give an account of the various ratios used to measure the profitability of a business firm?
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