JNTU
JNTU MCA 2018 ACCOUNTING AND FINANCIAL MANAGEMENT Previous Question Paper (June/July - 2018 - R13)
Note: This question paper contains two parts A and B. Part A is compulsory which carries 20 marks. Answer all questions in Part A. Part B consists of 5 Units. Answer any one full question from each unit.
Part A
Explain the following briefly.
Subsidiary Books.
Answer
Subsidiary Books, also known as books of original entry or prime entry, are specialized journals used to record similar types of transactions in chronological order. Instead of recording all transactions in a single journal, businesses use separate books such as the Purchases Book, Sales Book, Purchases Return Book, Sales Return Book, Cash Book, and Journal Proper to streamline accounting, reduce errors, and facilitate division of labor.
Comparison of Under and Over Capitalization.
Answer
Under-capitalization occurs when a company's actual capital is lower than the capital required to maintain its earnings, leading to high dividend rates and high share prices. Conversely, Over-capitalization exists when a company has more capital than its business operations require, resulting in low rates of return on investment, declining share values, and difficulty in maintaining dividend payments.
Cash Flows from Investing Activities.
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Time Budgets and Activity Budgets.
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Joel Dean Yield Method.
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Part B
Define Financial Accounting. Explain Generally Accepted Accounting Principles briefly.
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From the following Trial Balance of Shri, you are required to prepare final accounts for the year ended 31st March 2005, after making the necessary adjustments.
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Write a detailed note on the cost of individual components of capital.
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Paramount Products Ltd. wants to raise Rs. 100 lakh for diversification project. Current estimates of EBIT from the new project is Rs. 22 lakh p.a. Calculate the impact of different debt-equity options on the company.
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Describe the principle ratios which you consider significant while interpreting the published accounts of a company and explain the inferences which be drawn from them.
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Prepare a statement showing sources and application of funds and a schedule of changes in working capital from the provided Balance Sheet summaries of XY Ltd.
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Break Even Analysis and related calculations.
Define Break Even Analysis. Explain Break Even Chart briefly.
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Calculate Profit Volume ratio, Fixed Cost, Break Even Point, Profit at specific sales, Sales for target profit, Margin of safety, and Variable cost based on the provided period data.
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The monthly budgets for manufacturing overhead of a concern for two levels of activity were provided. Required: Indicate which items are fixed, variable, and semi-variable; prepare a budget for 80% capacity; find total cost per unit at 60%, 80%, and 100% capacity.
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What is the importance of Capital Budgeting? Explain the process and techniques of capital Budgeting.
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From the provided details relating to two machines X and Y, suggest which machine should be accepted based on capital budgeting analysis.
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