Financial Accounting-II – MGT VU. 1. Lecture Types of Business Entities. • Profit Oriented / Commercial Entities. Profit oriented or commercial entities are. Financial Accounting - II (MGT). Handouts (pdf) / Powerpoint Slides (PPTs) Course Codes. Select a course code for Handouts (pdf/PPTs). Download VU Financial Accounting II - MGT Handouts. Financial Accounting II - MGT ininenzero.tk VUTube. Administrator. Quote post.
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Financial Accounting II - MGT VU Video Lectures, Handouts, Power Point Slides, Solved Assignments, Solved Quizzes, Past Papers and Recommended. Financial Accounting II MGT Download Complete Lectures Financial Accounting II MGT_Lecturemp4 (ininenzero.tk). Download All VU Subjects Complete Handouts in PDF Files By Clicking on Subjects Names MGT - Financial Accounting II Handouts Lecture no.1 to
Question No: 21 Marks: 10 Explain different types of financial risks that an entity may transfer to another party while undertaking transactions in Financial Instruments? Separately in the balance sheet. As indirect income in income statement Added in the fixed asset None of the given options Marks : 1 Question No. The information for the stock is as follows: Opening stock was 10 units at 2 each.
downloads were 30 units at Rs. Closing stock is valued at: 1.
Describe its contents. Follow Book Question No.
Question No. The capital of a business should be kept intact by not paying out dividends. A business should invest its profits in the download of capital assets. Fixed assets should be properly maintained.
Marks : 1 Profit is earned only if the value of an organizations net assets or its operating capability has increased during the accounting period. Marks : 1 Question No.
Costs of personnel directly engaged in providing the service Supervisory personnel 2. Attributable overheads. Labour and other costs relating to sales Question No.
Marks : 3 Follow Book Question No. A fixed asset 2.
An intangible asset 3. A fictitious liability 4. A semi-fixed asset Question No.
MGT401 Final Term stuff
Explain each method in detail. Follow BOok Question No.
The estimated useful life of asset is ten years. After five years the Book Value of the Asset will be: using straight line method of depreciation and no residual value 1.
A balance sheet 2. An income statement 4.
Financial Accounting II MGT401 Download Complete Lectures 1-45
All of the given options. Maintain ledger accounts for every transaction.
Provide financial information to users of such information. The name of each borrower Amount of loans and advances The terms of loan and the particulars of collateral security held All of the given options [page 45 handouts Question No: Direct Material Cost is Rs.
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Sales — Gross Profit www. It is an agreement that gives rise to both a Financial Asset of one entity and Financial Liability of another entity. It is an agreement that gives rise to both a Financial Expense of one entity and Financial Asset of another entity.
It is an agreement that gives rise to both a Financial Income of one entity and Financial Asset of another entity.
It is an agreement that gives rise to both a Financial Expense of one entity and Financial Income of another entity. Question No: To provide the information about the business objectives To provide the information about the business liabilities To provide the information about the business assets To provide the information about the Financial position, Financial performance and Changes in financial position Question No: The business is profitable The assets of the business are valued at market value A business will continue until the directors decide to close it The business will continue its working Question No: Disposal of assets at a value lesser than its carrying amount Discharge of liabilities at a value higher than its carrying amount doubt here Disposal of assets at a value lesser than its book amount All of the given options Question No: Equipment was downloadd for Rs.
To ensure that sufficient cash is available to replace the assets To show the realizable value of the assets in the Balance Sheet To spread the cost of the assets over their estimated useful life To show when the assets must be replaced Question No: Power plan being in the process of manufacture Inventories requiring a substantial period for manufacturing Special order for a special inventory that will be manufactured in 5 months Inventory routinely manufactured Question No: Lower of cost or NRV ref: This is an example of which of the following concept?
Assist the directors of the companies about the financial goal of the company Question No: A building owned by the firm Goods in transit Money owed to the firm by its debtors Money which the firm has borrowed and has not yet repaid Question No: The cost of inventory is recorded net of these discounts.
Sole proprietorship 2. Partnership 4. Public Limited Company Question No. Separately in the balance sheet. As indirect income in income statement 3. Added in the fixed asset 4.
None of the given options Question No. The information for the stock is as follows: Closing stock is valued at: Describe its contents.
Follow Book Question No. Question No. The capital of a business should be kept intact by not paying out dividends.
Costs of personnel directly engaged in providing the service Supervisory personnel 2. Attributable overheads.After five years the Book Value of the Asset will be: Costs of site preparation Administration and other general overhead costs Initial delivery and handling charges Installation and Assembly cost Q. Which of the following represents the interest and other costs incurred by an entity in connection with the borrowing of funds?
Preliminary expenses Copy rights Investments Discount on issue of shares Question No: 13 Marks: 1 - Please choose one Goodwill must be shown in the financial statement of company limited by liability under the heading of: Current Assets Intangible Fixed Assets Tangible Fixed Assets None of the given options Question No: 14 Marks: 1 - Please choose one Which of the following information must be disclosed in case of loan and advances to subsidiary companies?
Adnan Khawaja. Sole proprietorship 2. A fixed asset 2.
Which of the following is the primary source of funds for Depository institutions? Account for only past transactions Fails to measure the changing price levels over time Records all assets at their cost to the company, without considering any adjustment for depreciation Has replaced in accounting records by a system of current cost accounting Quiz Start Time: Describe its contents.
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