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Finance Management - 2

This document provides a summary of topics that will be covered on a finance management exam, including 10 questions across various finance and accounting concepts. The questions cover topics such as internal and external auditing, intangible assets, appropriation of profits, inventory valuation methods, rights vs bonus shares, material variances, imputed vs opportunity costs, break-even analysis, flexible vs fixed budgets, control ratios, and short statements about operating cycles, retained earnings, depreciation, and return on equity. Students will need to answer 5 of the 10 questions to complete the exam.

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29 views

Finance Management - 2

This document provides a summary of topics that will be covered on a finance management exam, including 10 questions across various finance and accounting concepts. The questions cover topics such as internal and external auditing, intangible assets, appropriation of profits, inventory valuation methods, rights vs bonus shares, material variances, imputed vs opportunity costs, break-even analysis, flexible vs fixed budgets, control ratios, and short statements about operating cycles, retained earnings, depreciation, and return on equity. Students will need to answer 5 of the 10 questions to complete the exam.

Uploaded by

remoro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Xaviers Institute of Business Management Studies

Subject Title: Finance Management



Maximum Marks: 80
Note : Attempt any five questions. All questions carry equal marks.
Q1. What do you understand by Internal Audit ? How do the functions of an internal
auditor differ from that of External Auditor ?
Q2. Explain the consistency concept and Accrual oncept of Accountin!. How is the
Accrual oncept adhered to while preparin! the final accounts of a company ?
Q". What are intan!ible assets of a firm ? Why are they shown in the #alance
$heet ? What
is meant by amortisation of such assets ? %i&e reason for the same.
Q'. What do you understand by Appropriation of profit of a company? How are the
profits
appropriated ? How will the profits to be appropriated( affected( if the company
issues debentures( instead of e)uity shares to finance its acti&ities ? *iscuss how?
Q+. *istin!uish between,
a. -I-. and /I-. methods of In&entory &aluation.
b. 0i!hts $hares and #onus $hares
c. *irect 1aterial 2rice 3ariance and *irect 1aterial 4sa!e 3ariance
d. Imputed osts and .pportunity osts.
Q5. What do you understand by #rea67e&en analysis ? *iscuss the assumptions
underlyin! the brea67e&en analysis. How do these assumptions ma6e the brea67
e&en analysis unrealistic ? Explain and prepare a #rea67e&en chart assumin!
rele&ant fi!ures.
Q8. What do you understand by -lexible #ud!et ? How does it differ from a -ixed
#ud!et ?
Explain its utility to a business or!anisation.
Q9. What do you mean by ontrol 0atios ? Explain the three important control ratios
and discuss their si!nificance.
Q:. Explain fully the followin! statements ,
a. .peratin! cycle plays a decisi&e role in estimatin! the wor6in! capital
re)uirement
of a firm.
b. As there is no explicit cost of retained earnin!s( they are free of cost.
c. *epreciation acts as a tax shield
d. An in&estor in shares considers not only its E.2.$. but also 2.E. ratio.

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