Time: 2 hrs 30 minutes ‘Total Marks: 70 MBA Semester IV Examination April 2016 International Accounting and Finance Paper 406 Subject Code 4777 Note: 1) Attempt all questions. 2) Figures on right indicate marks, a a Q@ Q @ @ 4 es eS Explain the major reasons which lead to difference in accounts between two nations. [14] OR ‘What are the major issues which arise due to the difference in accounting standards between two nations? (il Write a detailed note on benefits of Segment Reporting with suitable evidences. ua) OR ‘What is consolidation of accounting? What are the points to be kept in mind while consolidating accounts? (4] Write a detailed note on major influences on UK Corporate Financial Reporting [4] oR Write a detailed note on Security Exchange Commission and Financial Accounting Standards Board as major influences on US Financial Reporting. (14) Write Short Notes on: 4) (A) Alternate Exchange Rate Systems (B) Euro Bonds OR ‘What are the different sources of funds avaiable for a multinational corporation? U4) “Budgeting of a Multinational company is more challenging than a domestic firm” In the light of this statement, explain the major consideration for MNC 4] OR Explain the Cash Management for a Multinational Corporation. td)