1.Company Formation
- What do you mean by company?Write briefly any two features of it.
- Mention any three characteristics (features) of the company.
- Write the meaning of Registration company with suitable example.
- Write the meaning of Memorandum of Association.
- Mention any Four important contents of Memorandum of Association.
- State any two differences between public limited company and private limited company.
- Define public limited company.
- Mention Any three advantages of public limited company.
- Write in brief about an articles of Association.
- Write any three features of private company.
- Write in brief the meaning of prospectus.
- Write any three privileges of private company as provided by the company Act.
- what do you mean by prospectus?
- Mention any 4 contents to be stated in prospectus.
- Show three distinct features between Private company and Public Ltd. company.
- Write the Meaning of private limited company.
2. Share And Share Capital of a Company
- Define preference share.
- When and how shares of a company are forfeited?
- Define share capital.
- Write the differentiate between issued capital and subscribed capital.
- Define preference shares and given any two differences between preference shares and equity shares.
- What do you understand by share Capital.
- What is meant by pro-rata allotment of shares?
- State any three important differences between preference share and equity share.
- Write the meaning of calls in arrears and calls in advance.
3.Accounting for Debentures
- What do you understand by debenture? State any two features of debenture.
- Write any three difference between share and debenture.
- Write in brief the meaning of convertible debentures.
- Write the meaning of debenture.
4.Final Account of a Company
- Write two advantage of trial balance.
- Define balance sheet and write any two importance of it.
- Write the short notes on:
(a)Fixed asset
(b)Current assets
- Write the meaning of current assets with suitable example.
- Write what you know about current assets and current liabilities.
5.Financial Statement Analysis
- Write any three objectives of financial statement.
- Write any three features of financial statement.
- State the importance of financial statement.
- Define the term financial statement.
- Define financial statement.State its two importance.
- List out any three objectives of financial statement analysis.
- Define financial statement and give any two limitations of it.
- Give any three limitations of financial statement.
- Given any three reasons why management takes interest to analyse the financial statement.
- Write the meaning financial statement analysis.
- Write any three limitations of financial statements.
- Mention any six parties who are interested in financial Statement analysis.
- Write any three importance of financial statements analysis in brief.
6.Ratio Analysis
- What do you mean by the term ratio analysis?
- Write about gross profit margin and net profit margin.
- Give any two objectives of ratio analysis.
- Write any two limitations of ratio analysis.
- Write in brief the meaning of current liabilities and long term liabilities.
- State the meaning of average collection period.
- Write the meaning of gross profit ratio along with the formula.
7.Funds Flow Statement
- Define funds flow statement.
- Clarify the meaning of funds from operation.
- What do you mean by funds flow analysis?
8.Cost Accounting
- Define cost in five sentences.
- Mention any four objectives of costing accounting.
- In five to six sentences write what you know about cost accounting.
- Write two limitations of financial accounting.
- Write any two functions of cost accounting.
- State the importance of cost accounting.
- Write any three advantages of cost accounting.
- State two importance of cost accounting.
- Write briefly any three functions of cost accounting.
- Differentiate between cost accountancy and costing.
- Give any two differences between Cost accounting and financial accounting.
- Define cost accounting and mention any two function of it.
- Mention any three limitations of cost accounting.
- Define cost account. Also mention any two importance of cost account.
- Write three differences between cost accounting and financial accounting.
- Write any three objectives of cost accounting in brief.
- Give any three importance of cost accounting.
9.Cost Classification
- What are the elements of cost?
- What do you mean by functional classification of cost?
- Differentiate between direct and indirect cost.
- Define fixed cost with suitable example.
- what do you mean by cost?Write in short about direct cost.
- What do you mean by direct and indirect materials?
- Define variable and semi-variable cost.
- Define direct expanses .Give two suitable examples of it.
- Define semi-variable cost.Why is it called so?
- Define indirect expanses with two suitable examples.
- Define variable cost and write any two features of it.
- Write about the controllable and uncontrollable costs with appropriate examples.
- Define variable cost with suitable examples.
- Differentiate between fixed and variable cost.
10.Accounting For Materials
- Write any two duties of the storekeeper.
- What is bin card?
- What do you mean by material control system?
- What is store keeping?
- Write the meaning of perpetual inventory system.
- Write any two objectives of material control.
- What do you understand by codification of material?
- Mention the procedures relating to materials.
- What do you know about purchase requisition form?
- What do you understand by decentralized stores?
- Give a specimen of a bin card.
- Write in brief , what do you know about material control.
- Sketch a specimen of a purchase Requisition form.
- Write the meaning of centralized and decentralized purchase.
- Write any two objectives of inventory control.
- What is purchase order? To whom the purchase order is placed and why?
- Write three objectives of material control.
- Briefly, write the duties of a storekeeper.
- Mention any three essential of material control
- Write in briefly any two objectives of material control.
11.Accounting For Labour
- Write any four merits of piece rate system of wage payment.
- Mention the four merits of time rate system of wages payments.
- Write any two advantages of piece wages system.
- Write any two Disadvantages of piece wages system.
- Give any two advantages of wages payment under piece rate system.
- Give any two disadvantages of time wages system.
- Differentiate between piece wages system and time wages system in brief.
- Write any two steps that should be taken to minimize the frauds in wage payment.
- What is time rate system of wages payment?
- Write the meaning of time and motion study.
- What do you understand by time rate wages system?Mention its two advantages.
- Write any three disadvantages of piece wages system.
- Write with suitable examples about piece rate system of wages payments.
- Mention any two differences between time wages system and piece wages system.
- What do you mean by direct wages and indirect wage?
12.Accounting For Overheads
- In five to seven sentences write the meaning of fixed overhead.
- Classify overheads according to its functions.
- Classify overhead cost according to control.
- Write in brief the meaning of allocation of overhead.
- What do you understand by allocation and apportionment of overhead?
- Write in short the meaning of overhead.
- Give the meaning of fixed overhead with appropriate example.
- Define fixed overhead with suitable example.
- Differentiate between allocation and apportionment of overhead with suitable example?
- What do you understand by variable overhead?State any two features of it.
- What do you mean by machine hour rate?
- Define semi-variable overhead with suitable example.
- Classify overhead cost according to function.
- State in brief the meaning of overhead with suitable example.
- Write the meaning of fixed and variable overhead.
- Give the meaning of variable overhead with suitable example.
- With suitable example write the meaning of variable overhead.
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