File Details:

Questions:

1. Describe the meaning of Financial Accounting.
2. What do you mean by Double Entry system of Accounting?
3. What is Funds flow statements?
4. Give a list of long term sources of finance.
5. What are the current assets?
6. Describe in shorts different accounting concepts.
7. What is Break even point?
8. Describe Explicit and Implicit costs.
9. What is a Trial balance?
10. What type of errors cannot be traced from a Trial Balance?
11. What do you mean by 'Financial' statement?
12. Discuss the importance of financial statements.
13. What do you understand by Capital structure?
14. What are the major determinants of Capital structure?
15. Efficient cash Management will aim at maximising the cash inflows and slowing cash outflows. Discuss.
16. Describe the principal ratios to judge profitability and solvency of a concern.