Bachelor Of Management Studies (BMS) SEM III 2022 2023 Oct 2023 S ACCOUNTING FOR MANAGERIAL DECISIONS Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q2 All questions carry equal marks to right indicates full mark 4, Use of simple calculator is allowed
2. Q1 Answer the following
   • A) Fill in the blanks. (Any 8) O 8
3. Q2 Inter-firm and inter-period comparisons are made with the help of Statements
4. Q3 In Common-size balance sheet analysis, the are taken percent
5. Q4 Standard Liquid Ratio is
6. Q5 The main purpose ratio is to show the extent to which working capital is blocked in ins entories
   • a) Stock to working capital Ratio b) Stock Turnover Ratio
7. Q6 Current Ratio =
   • c) Composite Ratio d) None of these
8. Q7 Which of the following is not an element of credit policy Purchase& sale of Assets & Investments
   • c) Financing Activity d) None of These
9. Q9 An asset which does not have physical identity is called as
10. Q10 Borrowed funds does not SEM II] ACCOUNTING FOR MANAGERIAL DECISIONS 75 MARKS 2 % HRS
    • B). True or False. (Any 7) O7
11. Q1 Borrowed Funds is an internal source of finance
12. Q2 All current liabilities are quick liabilities
13. Q3 Goodwill is shown under Application of funds in the vertical Balance Sheet 4, Current ratio standard is 1:1
14. Q5 Loans given to others is a financing activity. \
15. Q6 In Cash flows, “Cash” includes cash on hand, cash in the bank & cash equivalents. \
16. Q7 Working capital refers to a firm’s long-term capital
17. Q8 Trend analysis is possible for two years
18. Q9 Depreciation is a non-cash item
19. Q10 Issue of share capital creates cash flow from financing activity
20. Q2 Answer the following 15 marks
    • A. Following are the Balance Sheets of Gayatri Ltd. As on 3 I“December 2021 & 2022 Provision for Tax | 10,000 15,000 Debtors | 46.500 | 77,250 You are required to prepare Comparative Financial Statements in Vertical Form
    • B) From the following information prepare Common size Balance Sheet. marks Balance Sheet as on 31 March 2021 Outstanding Expenses 20,000 Cash on Hand
    • C). You are furnished with the revenue statements for the four years ended Dee. O 2 2 SYBMS SEM Ill ACCOUNTING FOR MANAGERIAL DECISIONS 75 MARKS 2 HRS Cost of Sales 32,600 38,000 Interest on Loans 3,000 4,000 You are required to prepare trend analysis 7
21. Q3 Answer the foliowing 15 marks
    • A. Following is the financial statement of Sia Itd Profit & Loss A/C for the year ended 31" March To Opening Stock 40,000 | By Sales To Purchases 72,000 | By = : To Factory Exp 28,000 To Administrative Exp 6,000 To Selling Exp 10,000 To Salary to staff 2,000 To Income Tax 24,000 To Transfer to Reserve 2,000 To Proposed Dividend 8,000 You are required to convert into vertical form & calculate following Ratio & comment on it
22. Q1 Current Ratio SYBMS SEM III ACCOUNTING FOR MANAGERIAL DECISIONS 75 MARKS 2 4 HRS
    • B) Following is the Balance Sheets of Bento Ltd. As on 31" March 2 Following is the revenue statement for the year ended A Less:- Cost of Sales 1,98.000 You are required to calculate the following ratio profit ratio 2)Debtors turnover ratio 3) Inventory to Working Capital Ratio 7).Debt to Equity Ratio 22
23. Q4 Answer the following 15 marks
    • A) From the following Balance Sheet of Symphony Ltd. prepare Cash Flow Statement SYBMS SEM Iil ACCOUNTING FOR MANAGERIAL DECISIONS 75 MARKS 2 HRS Depreciation.on Fixed Asset Rs.50.000
24. Q3 Underwriting Commission was written off
25. Q4 B) You are required to prepare a statement showing the estimate of working capital to finance the level of activity of 20,000 units per year from the Following information ,obtained from the Books of
26. Q1 Raw materials are in stock on an average for two months
27. Q2 Materials are in process on average for half a month
28. Q3 Finished goods are in stock on average for two months Credit allowed by Creditors is two months
29. Q5 Credit allowed to Debtors is three months
30. Q6 Lag in payments of wages is half month
31. Q7 Cash on hand and at bank is expected to be ) company currently has an annual turnover of Rs50 lakh and an average collection 7 Marks period of 30 days . The company wants to experimeiit with a more libera! credit policy on the ground that increase in collection period will generate additional sales From the following information, kindly indicate which policy the company should adopt: : Variable Cost: 80% of sales (pre-tax) return on investment: 20% “A year may be taken to comprise of 360 days
32. Q5 a) Explain Receivable marks
    • b)Explain different types & names of ratio. marks
33. Q5 Short Notes (Any 3) ‘LS Marks
34. Q1 Describe Classification of Cash Flow
35. Q2 Explain the difference between common size statement &Comparative statement What is ratio analysis? Explain its importance
36. Q4 Explain Factors of working Capital
37. Q5 of Credit

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