University Of Pune Question Paper
P. G. D. H. M. (Semester - I) Examination - 2010
MANAGERIAL ACCOUNTING AND FINANCIAL MANAGEMENT
(2008 Pattern)
Time : 3 Hours] [Max. Marks : 70
Instructions :
(1) Answer any three questions from section I and any two
questions from section II.
(2) All questions carry equal marks.
(3) Use only one answer-book for both sections.
SECTION - I
Q.1) “Accounting is the Language of Business.” Explain it and explain any four
Concepts of Accounting.
Q.2) What is Depreciation ? What is the need for Providing Depreciation ?
Describe two methods to Provide Depreciation. Also explain effect of
Depreciation on Profit and Loss Account and Balance Sheet.
Q.3) What is meant by Working Capital ? Explain factors affecting Working
Capital Requirement in detail.
Q.4) Write notes :
(a) Types of Accounts and Rules
(b) Errors Disclosed by Trial Balance
(c) Limitations of Ratio Analysis
SECTION - II
Q.5) From the following information, prepare Balance Sheet :
(1) Current Ratio 2.5
(2) Liquid Ratio 1.5
(3) Proprietory Ratio 0.75
(Fixed Assets/Proprietory Fund)
(4) Working Capital Rs. 60,000
(5) Reserves and Surplus Rs. 40,000
(6) Bank Overdraft Rs. 10,000
(7) There is no long term loan.
Balance Sheet
Capital ? Fixed Assets ??
Reserves and Surplus ? Stock ??
Overdraft ? Liquid Assets ??
Creditors ?
??? ???
Q.6) ‘X’ Co. Ltd. furnishes you the following data relating to a year :
I half (Rs.) II half (Rs.)
Sales 45,000 50,000
Total Cost 40,000 43,000
Calculate :
(a) P/V Ratio
(b) Fixed Expenses
(c) B.E.P. Sales
(d) Profit on Sales of Rs. 70,000
Q.7) From the following information prepare a statement showing Working
Capital needed to finance a Level of Activity of 12,000 units of output
per annum.
Analysis of Selling Price Per Unit :
Rs.
Raw Materials 5
Labour 3
Overhead 2
Total Cost 10
Profit 2
Selling Price 12
Additional Information :
(1) Raw Materials remain in store on an average one month.
(2) Materials are in process on an average two months (Assume
Material 100% and Wages and Overheads 50%)
(3) Finished Goods are in block on an average three months.
(4) Credit allowed to Debtors is four months.
(5) Credit allowed by Suppliers is two months.
It may be assumed that production and overheads accrue evenly
throughout the year.
P. G. D. H. M. (Semester - I) Examination - 2010
MANAGERIAL ACCOUNTING AND FINANCIAL MANAGEMENT
(2008 Pattern)
Time : 3 Hours] [Max. Marks : 70
Instructions :
(1) Answer any three questions from section I and any two
questions from section II.
(2) All questions carry equal marks.
(3) Use only one answer-book for both sections.
SECTION - I
Q.1) “Accounting is the Language of Business.” Explain it and explain any four
Concepts of Accounting.
Q.2) What is Depreciation ? What is the need for Providing Depreciation ?
Describe two methods to Provide Depreciation. Also explain effect of
Depreciation on Profit and Loss Account and Balance Sheet.
Q.3) What is meant by Working Capital ? Explain factors affecting Working
Capital Requirement in detail.
Q.4) Write notes :
(a) Types of Accounts and Rules
(b) Errors Disclosed by Trial Balance
(c) Limitations of Ratio Analysis
SECTION - II
Q.5) From the following information, prepare Balance Sheet :
(1) Current Ratio 2.5
(2) Liquid Ratio 1.5
(3) Proprietory Ratio 0.75
(Fixed Assets/Proprietory Fund)
(4) Working Capital Rs. 60,000
(5) Reserves and Surplus Rs. 40,000
(6) Bank Overdraft Rs. 10,000
(7) There is no long term loan.
Balance Sheet
Capital ? Fixed Assets ??
Reserves and Surplus ? Stock ??
Overdraft ? Liquid Assets ??
Creditors ?
??? ???
Q.6) ‘X’ Co. Ltd. furnishes you the following data relating to a year :
I half (Rs.) II half (Rs.)
Sales 45,000 50,000
Total Cost 40,000 43,000
Calculate :
(a) P/V Ratio
(b) Fixed Expenses
(c) B.E.P. Sales
(d) Profit on Sales of Rs. 70,000
Q.7) From the following information prepare a statement showing Working
Capital needed to finance a Level of Activity of 12,000 units of output
per annum.
Analysis of Selling Price Per Unit :
Rs.
Raw Materials 5
Labour 3
Overhead 2
Total Cost 10
Profit 2
Selling Price 12
Additional Information :
(1) Raw Materials remain in store on an average one month.
(2) Materials are in process on an average two months (Assume
Material 100% and Wages and Overheads 50%)
(3) Finished Goods are in block on an average three months.
(4) Credit allowed to Debtors is four months.
(5) Credit allowed by Suppliers is two months.
It may be assumed that production and overheads accrue evenly
throughout the year.
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