SRI SAI RAM INSTITUTE OF TECHNOLOGY

Approved by AICTE, New Delhi & Affiliated to Anna University, Chennai.

Sai Leo Nagar, West Tambaram, Chennai 44. Tel: 044 22512333 / 22512111.
(An ISO 9001:2008 Certified Institution) www.sairamit.edu.in
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B.E. / B. Tech. Degree Examination

ASSESSMENT TEST III
COMMON FOR CSE, AND IT DEPARTMENT
Subject
:

ENGINEERING ECONOMICS AND

FINANCIAL ACCOUNTING

Subject code : MG2452

year/Sem

Duration
Date
10.14

: IV/VII

: 50 mins
:

Max. Marks : 25

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PART - A
TWO MARKS (5*2=10marks)
ANSWER ALL QUESTIONS
1.
2.
3.
4.
5.

Objectives of Fund Flow and Cash Flow statement.

Define Journal.
What is Inflation and Deflation?.
State the significance of Gross Profit Ratio.
Mention each one example for Current Assets / Current Liability / Long term Assets and
Long term Liability.
PART B
ANSWER ANY TWO(2*71/2 = 15marks)

6. Explain the various adjustments to be followed in preparing the Balance Sheet..

7. i) What are the steps involved in NPV method?
ii) Explain Pay Back method in detail?
8. i) Explain the various rules to be followed in accounting for Double Entry Book Keeping
purposes?
ii) Explain the procedure journalizing various transactions in accounting.