Total No.

of Pages: 5

6478

Register Number:
Name of the Candidate:

M.B.A. DEGREE EXAMINATION - 2011

(FIRST YEAR)
(PAPER II)

120. FINANCIAL AND MANAGEMENT ACCOUNTING

December)

(Time: 3 Hours
Maximum: 75 Marks
SECTION - A
Answer any FIVE questions.

(5 3 = 15)

1. Define Management Accounting.

2. What is Net Present Value?
3. Explain Financial Statement.
4. List out three sources of funds.
5. Explain CVP analysis.
6. Define Budgetery Control.
7. What are the objectives of preparing reports?
8. What are the factors determine the working capital?
SECTION - B
Answer any THREE questions.

(3 10 = 30)

9. Explain the various functions of Management Accounting.

10. Explain in detail the different methods of Financial Statement Analysis.
11. State the merits and demerits of Fund Flow Statement.
12. Discuss the importance of Cash Budget in an organisation.
13. What are the advantages and disadvantages of Marginal Costing?
SECTION - C
Answer any ONE question.
14. From the
possible
(i)
(ii)
(iii)
(iv)
(v)
(vi)

(1 15 = 15)

following information make out a Statement of Proprietors Fund with as may details as
Current ratio 2.5
Liquid ratio 1.5
Liquid ratio (Fixed assets/ Proprietary fund) 0.75.
Working capital Rs. 1,20,000.
Reserve and surplus Rs. 80,000.
Bank overdraft Rs. 20,000.

There is no long term loan or Fictitious Asset.

15. The sales turnover and profit during two years were as follows:
Year Sales (Rs.)
Profit
(Rs.)
2009 14,00,000
1,50,000
2010 16,00,000
2,00,000
You are required to calculate (a) P/V Ratio; (b) Sales required to earn a Profit of
Rs. 4,00,000; (c) Profit when the Sales is Rs. 12,00,000.
16. The Management of M/s. Reliance Ltd., is planning to invest Rs. 20 lakhs and Rs. 30 lakhs in
Independent Project X, Y respectively. Net Profit After Tax (NPAT) are as follows:
NPAT
NPAT
Year
Proposal X (Rs.) Proposal Y (Rs.)
1
2,00,000
3,50,000
2
2,50,000
3,50,000
3
3,00,000
4,00,000
4
3,00,000
4,50,000
5
3,50,000
5,00,000
6
-2,00,000
Expected Scrap Value
50,000
70,000
Expected Life
5 Years
6 Years
Make the following assumptions:
1. Discount rate as 12%.
2. Depreciation under straight line method.
Calculate NPV and suggest
1 Year 2 Year 3 Year 4 Year 5 Year 6 Year
Present Value of Rs. 1 (12%)
0.893 0.797 0.712 0.636 0.587 0.507
SECTION - D
(Compulsory).

(1 15 = 15)

17. The following is the Trial balance of M/s. Alpha Agencies as on 31.3.2010
Capital and drawings
Buildings
Furniture and fittings
Motor Van
Loan from Hari @ 12% interest
Interest paid on above
Sales and purchases
Opening stock
Establishment expenses
Wages
Insurance
Commission received
Debtors and creditors
Bank Balance

Dr.
Cr.
18,000 1,00,000
15,000
-7,500
-25,000
-15,000
900
-75,000 1,00,000
25,000
15,000
-2,000
-1,000
--7,500
28,100
10,000
20,000
-2,32,500 2,32,500

Adjustment:
(1) Closing Stock as on 31.3.2010 was Rs. 32,000.
(2) Outstanding wages Rs. 500.
(3) Prepaid Insurance Rs. 300
(4) Commission received in advance Rs. 800
(5) Provide Depreciation on Building 2% Furniture 10% and Motor van 10%
(6) Charge interest on Capital @ 10% and change interest on drawings Rs. 500.
Prepare Final Accounts.
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(5 3 = 15)

1. nkyhz;ik fzf;fpay; - tiuaiw bra;f.

2. bkhj;j jw;nghija kjpg;g[ vd;why; vd;d?
3. epjp epiy mwpf;if vd;gij tpthpf;f.
4. epjpaj;jpd; _d;W njhw;Wtha;f;fis tpthp.
5. CVP (Cost Volume Profit) gFg;gpid tpsf;Ff.
6. tut[ - bryt[ jpl;l fl;Lg;ghL - tiuaiw bra;f.
7. mwpf;iffs; jahhpg;gjd; Fwpf;nfhs;fs; ahit?
8. eilKiw _yjdj;ij KobtLf;Fk; fhuzpfs; ahit?

9.
10.
11.
12.
13.

gFjp - M
VnjDk; _d;W tpdhf;fSf;F tpil mspf;f.
(3 10 = 30)
nkyhz;ikf; fzf;fpaypd; gy;ntW gzpfis tpsf;Ff.
epjpepiy mwpf;if gFg;gpd; gy;ntW Kiwfis tpthp.
epjp Xl;l mwpf;ifapd; rpwg;g[fs; kw;Wk; FiwghLfisf; Fwpg;gpLf.
xU epWtdj;jpy; buhf;f tut[-bryt[ jpl;lj;jpd; (Cash Budget) Kf;fpaj;Jtj;ij tpsf;Ff.
,Wjpepiy mlf;ftpiy fzf;fpd; ed;ikfs; kw;Wk; FiwghLfs; ahit?

gFjp - ,
VnjDk; xU tpdhtpw;F tpil mspf;f.
(1 15 = 15)
14. fPnH bfhLf;fg;gl;Ls;s tptu';fspypUe;J chpikahsh; epjpak; gw;wpa xU mwpf;ifapid
bfhLf;fty;y tptu';fSld; jahhpf;f.
(1) eilKjy; tpfpjk; 2.5
(2) ePh;ik tpfpjk; 1.5
(3) chpikahsh; tpfpjk; (epiy Kjy; + chpikahsh; epjp) 0.75
(4) eilKiw _yjdk; %. 1/20.000
(5) fhg;g[ kw;Wk; xJf;fPL %.80/000
(6) t';fp nky;tiug;gw;W %. 20/000.
ePz;l fhyf; flndh/ bgaust[ brhj;Jf;fnsh fpilahJ.

15. fle;j ,uz;L Mz;Lfspy; tpw;gid kw;Wk; yhgk; fPH;f;f;zlthW ,Ue;jJ.

Mz;L

tpw;gid
yhgk;
(%.)
(%.)
2009
14,00,000
1,50,000
2010
16,00,000
2,00,000
eP';fs; fzf;fPL bra;a ntz;oaJ (m) P/v tpfpjk; (M) %. 4/00/000 yhgk; bgw njitahd
tpw;gid mst[ (,) tpw;gid %. 12/00/000 MFnk Mdhy; fpilf;Fk; yhgk; (<) tpw;gid%.
12/00/000 vdpd; yhgk;.
16. upiyad;!; ypkpbll; ,uz;L jdp jpl;l';fspy; Kiwna %. 20 yl;rk; kw;Wk; %. 30 yl;rk;
KjyPL bra;a jpl;lkpLfpwJ. ,j;jpl;l';fs;/ jpl;lk; X kw;Wk; jpl;lk; Y MFk;. epfuyhgk;
thpf;F gpd; (Net Profit after tax) fPH;f;fz;lthW mika[k;.
Mz;L
1
2
3
4
5
6

NPAT
jpl;lk X (%.)
2,00,000
2,50,000
3,00,000
3,00,000
3,50,000
-50,000

NPAT
jpl;lk; Y
(%.)
3,50,000
3,50,000
4,00,000
4,50,000
5,00,000
2,00,000
70,000

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Vjph;ghh;f;Fk; Ma[s;
5 Mz;Lfs;
6 Mz;Lfs;
fPH;f;fz;l mDkhd';fis bfhs;f
1. js;Sgo tPjk; 12%
2. nja;khdk; neh;nfhl;LKiw NPV-I fzf;fpl;L/ c';fs; ghpe;Jiaf; Twt[k;.
Mz;L
1
2
3
4
5
6
0.893 0.797 0.712 0.636 0.587 0.507
gFjp - <
(fl;lha tpdh).
(1 15 = 15)
17. My;gh ypkpbll;oy; ,Ug;g[r; nrhjid 31.3.2010 md;W fPH;f;fz;lthW ,Ue;jJ.
gw;W
tut[
_yjdk; kw;Wk; vLg;g[
18,000 1,00,000
fl;l';fs;
15,000
-miwfyd;fs;
7,500
-nkhl;lhh; ntz;
25,000
AhpaplkpUe;J
fld;
12
tl;o
-15,000
tpfpjj;jpy;
nkw;fz;l flDf;F tl;o brYj;jpaJ
900
-tpw;gid kw;Wk; bfhs;Kjy;
75,000 1,00,000
bjhlf;f ruf;F
25,000
epWtd bryt[fs;
15,000
-Typ
2,000
-fhg;gPL
1,000
-js;Sgo bgw;wJ
-7,500
jw;nghija kjpg;g[ %. 1 =
(12%)

fldhspfs; kw;Wk; fldPe;njhh;fs;

t';fp ,Ug;g[

28,100
10,000
20,000
-2,32,500 2,32,500

rhpfl;ly;fs;:
(1) ,Wjp ruf;fpUg;g[ 31.3.2010 %. 32/000
(2) Typ epYit ghf;fp %. 500
(3) Kd;Tl;o brYj;jpa fhg;gPl;Lf; fl;lzk; %. 300
(4) Kd;Tl;ona bgw;w js;Sgo %. 800
(5) fl;llj;jpd; kPjhd nja;khdk; 2%/ miwfyd; 10% nkYk; nkhl;lhh;ntd; 10%
MfpaitfSf;F tif bra;f.
(6) _yjd tl;o 10% nkYk; vLg;g[ kPjhd tl;o %. 500.
,Wjpf; fzf;Ffis jahh; bra;f.
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