| ANS Book GO |
"www.gullybaba.com"
|
GO
Quan Book
|
CS-54 : FINANCE & ACCOUNTING ON COMPUTERS
JUNE 2002
Note : There are six questions in
this paper. Question no. 1 is compulsory and carries 30 marks. From the
remaining five questions attempt any three questions, each of which carries 15
marks.
1(a) Explain the following
terms in about 10 lines each:
(i) Accounting for price level changes
(ii) Going Concern Concept
(iii) Net Profit After Tax
(iv)
(v) Break-Even Point [10]
(b) Discuss the importance of setting accounting standards. [10]
(c) What are the factors influencing major investment decisions of a
large corporation? [10]
2 Explain the latest and
other important sources of long-term and short-term financing. [15]
3 Examine the relevance of
marginal costing in the present-day context of global business environment,
with suitable illustrations, comparing it with other techniques. [15]
4 Elucidate the various cost
reduction techniques, highlighting the importance of cost reduction under the
present scenario. How is it different from cost control? [15]
5 How is a Funds Flow
Statement prepared? Explain with the help of hypothetical figures taking an
example. [15]
6 “Accounting and finance
functions should be handled with the help of computers and software packages.”
Evaluate this statement critically.
[15]