File Details:

{"filename":"bca-2-sem-financial-accounting-and-management-1561-2019.pdf","description":"This file contains the B.C.A. Second Semester examination paper for Financial Accounting & Management (Fourth Paper) from 2019. It includes questions on topics such as financial accounting, accounting concepts, journal entries, fund flow statements, ratio analysis, working capital, inventory management, and break-even analysis."}

Questions:

  1. Define Financial Accounting. Explain the nature and scope of Financial Accounting. Differentiate between Financial Accounting and Management Accounting.
  2. Explain various accounting concepts with their implications.
  3. Give the journal entries for various transactions as described.
  4. What is 'fund flow statement'? Why is it prepared? Explain the preparation of 'Schedule of changes in working capital' and 'fund flow statement'.
  5. From the given trial balance, prepare Trading and Profit & Loss Account and Balance Sheet for the year ended.
  6. What is Ratio Analysis? Discuss various ratios used to examine the liquidity and profitability position of a firm.
  7. Explain the nature and objectives of Financial Management. Explain various long-term sources of financing.
  8. Explain the concept and various components of working capital. What factors would you consider in planning the working capital requirements of a firm?
  9. What is meant by inventory? Explain in brief the various techniques of inventory management.
  10. Based on the trading results provided, calculate P/V Ratio, Fixed Cost, Break-Even Point, profit for a given sales figure, and the sales needed for a desired profit.
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