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Financial & Cost Accounting 1 – Differentiate between Management Accounting and Financial Accounting.What is the different between cost accounting and management accounting?State

Differentiate between Management Financial & Cost Accounting 1   Questions: Q1. Differentiate between Management Accounting and Financial Accounting. Q2. What is the different between cost accounting and management accounting? Q3. State the objectives of cost accounting briefly explain the advantages of cost accounting. Q4. “Cost accounting is better understood as a cost control and cost…
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Financial And Cost Accounting- ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase

ABC Ltd. Produces room coolers Financial And Cost Accounting   Questions: Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition, ABC…
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KSBM – Finance And Cost Accounting – Explain the various role performed by a modern management accountant -Discuss the utility of ratios from various stakeholder perspectives

Explain the various role performed Finance And Cost Accounting Questions: Q1. List out the differences between funds flow and cash flow statement. What is main purpose of a Balance sheet? Q2. Explain the rules and regulations of International Accounting Standards Q3. What is main purpose of a journal and ledger process in maintaining the accounting…
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NMIMS – Financial Accounting and Analysis – What are the main aspects of Accounting Standard 1 (AS 1). Calculate the net cash flow from financing activities based on the below data:Cash from issue of

What are the main aspects Financial Accounting and Analysis Questions: Q1. The following adjustments are to be made: a) Closing Stock Rs. 10,400 b) Rent due but not paid upto 31st March 2014 Rs. 400 c) Three months factory lightings & heatings are due but not paid Rs.60 d) Insurance paid in advance Rs. 20…
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NMIMS – Financial Accounting and Analysis-Prepare cash flow statement for the year ended 31st December, 2014 from the following Balance sheet of Raj Ltd.(b) In what way the provisions of Account

Prepare cash flow statement for the year Financial Accounting and Analysis   Q1. Prepare cash flow statement for the year ended 31st December, 2014 from the following Balance sheet of Raj Ltd. Other Information 1) Dividend Interim of Rs. 22000 was paid during the year 2) Depreciation on Building is provided at 5% 3) Plant…
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NMIMS – Financial Accounting and Analysis-The following is the Trial Balance of Mrs. Rashi as at 31st March, 2014. You are required to prepare the Profit & Loss Account and Balance Sheet as at that

The following is the Trial Balance of Mrs. Rashi Financial Accounting and Analysis   Q1. The following is the Trial Balance of Mrs. Rashi as at 31st March, 2014. You are required to prepare the Profit & Loss Account and Balance Sheet as at that date. Particulars Debit(Rs) Credit(Rs) Capital Account   8,000 Plant &…
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