UNIT 1 1) Define accounting and its role for an organisation. 2) Discuss the role of an accountant in an organisation.

3) Who are the users of accounting information? 4) Explain Concepts and Conventions of Accounting. 5) What are the Branches of Accounting? 6) Differentiate between Financial and Management accounting. UNIT 2 1) What is Accounting Cycle/ Trial /Process? 2) What is Financial Statement and its Components? Explain with Specimen Form. 3) What is an Accounting Equation? Discuss with imaginary figures. Unit- 3 Q1. What is Target costing? Q2. What are the principles of target costing? Q3. What is kaizen costing? Q4. What are the advantages and limitations of kaizen costing? Q5. What is activity based costing. What are its characteristics? Q6. Write short notes on :a. Benchmarking b. Reengineering UNIT 4 1) What is Financial Statement Analysis and its Interpretation? 2) What is Comparative Statement? What are the guidelines for preparing it? 3) What is Common Size Statement? What are the guidelines for preparing it? 4) Explain what we mean by Trend Analysis. Explain its usefulness in interpretation of Financial Statement. 5) What is meant by Ratio Analysis? Discuss the various uses of ratio for Financial Decision making? 6) Details of various ratios. 7) What is Fund Flow Statement? Write its significance and uses. 8) What are the various Sources and Application of Funds? Explain in detail. 9) What is Cash Flow Statement? Explain its Classification. 10) Differentiate between Cash and Fund Flow Statement. Unit-5 Q1. What is human resource accounting? Q2. What are the advantages and limitations of HRA? Q3. What are the various approaches or methods of HRA?

Unit-6 Q1. Define cost and explain in detail the classification of cost? Q2. What are difference between product cost and period cost? Q3. What are the uses of cost data for an organisation? Q4. What is absorption costing and marginal costing differentiate between two. Q5. What is CVP analysis; explain its use for managerial decision making. Q6. Define break even point in broader and narrower sense, what is the formula for calculation of break even point. Unit-7 Q1. Define budget, budgeting and budgetary control. Q2. What are the advantages and limitations of budgetary control? Q3. Explain the following types of budget:a. Continuous budgets b. Tight and Loose budgets c. Master budget and process of preparation of master budget. Q4. What is standard cost and standard costing? Q5. What are the different types of standards? Q6. Explain the advantages and limitations of standard costing. Q7. What is variance, how variance analysis helps to cost control. Q8. Explain the material and labour variances in detail along with formula. Q9. What is zero based budgeting. What are steps involved in zero based budgeting. Q10. What is computerized accounting. Explain the importance or uses of computer in accounting. Q11. What is GIGO? Unit-8 Q1. What is social responsibility accounting? Q2. What are the different approaches to social responsibility accounting? Q3. What are the different areas in which corporate social responsibility exist as per Ernest & Ernest.