Uttarakhand Open University Question Paper
Roll No. ....................................
MCA-11 (Master of Computer Applications) Fourth Semester Examination-2015
MCA-14 Management Accounting
Time : 3 Hours Maximum Marks : 60
Note : This paper is of sixty (60) marks divided into three (03) sections A, B, and C. Attempt the questions contained in these sections according to the detailed instructions given therein.
Section - A (Long Answer Type Questions)
Note : Section 'A' contains four (04) long-answer-type questions of fifteen (15) marks each.
Learners are required to answer any two (02) questions only. (2×15=30)
1. Define accounting. Who are the users of accounts and state briefly the information needs of them.
2. How are accounts classified? State the rules of journalizing with respect to each class of account.
3. From the followin g information, ca lculate (a) Current Ratio, (b) Quick Ratio, (c) Working Capital Turnover Ratio and (d) Inventory Turnover Ratio:
Liabilities Rs. Assets Rs.
Share Capital 30,000 Fixed Assets 58,000
Reserves and Surplus 15,000 Stock 7,000
Borrowings 20,000 Debtors 4,000
Creditors 5,000 Cash 3,000
Provisions 2,000
72,000 72,000
Additional Information:
Cost of Goods Sold = Rs. 72,000, Opening Stock = Rs 13,000
4. What is Break- evan Anal ysis? Discuss its assumptions and uses.
Section - B (Short Answer Type Questions)
Note : Section 'B' contains eight (08) short-answer-type questions of five (05) marks each.
Learners are required to answer any four (04) questions only. (4×5=20)
1. Basis of Accounting System.
2. Money Measurement Concept.
3. Necessity and Usefulness of Ledger.
4. Statement of Changes in Financial Position.
5. From the following information given below, Determine the
amount of Gross Profit and Net Sales : Rs.
Average Stock 70,000
Stock Turnover 4 Times
Selling Price 20% above cost
6. Role of Computer in Accounting.
7. Write short notes on;
(a) Compound Journal Entry,
(b) Cost Centre.
8. Distinguish between Book Keeping and Accounting.
Section - C (Objective Type Questions)
Note : Section 'C' contains ten (10) objective-type questions
of one (01) mark each. All the questions of this section are compulsory. (10×1=10)
Fill in the blanks with appropriate words or phrases;
1. In every transaction at least ................. parties are involved.
2. The prime functions of accounting is to .................
3. The ................. principle requires that the same accounting methods should be used from year to year.
4. The basic rule of book-keeping, 'debit what comes in and credit what goes out',
is applicable to .................
5. Cash discount appears on the ................. side of the debtor's account.
6. If purchased of goods on credit is not recorded in the books, it is an error of .................
7. Material which becomes an integral part of the finished product is known as .................
8. A high margin of safety shows that the actual sales are much more than ................. sales.
9. ................. are the devices which are used to feed the necessary information in to the computer.
10. Building sold on credit is a ................. in flow of funds.
Roll No. ....................................
MCA-11 (Master of Computer Applications) Fourth Semester Examination-2015
MCA-14 Management Accounting
Time : 3 Hours Maximum Marks : 60
Note : This paper is of sixty (60) marks divided into three (03) sections A, B, and C. Attempt the questions contained in these sections according to the detailed instructions given therein.
Section - A (Long Answer Type Questions)
Note : Section 'A' contains four (04) long-answer-type questions of fifteen (15) marks each.
Learners are required to answer any two (02) questions only. (2×15=30)
1. Define accounting. Who are the users of accounts and state briefly the information needs of them.
2. How are accounts classified? State the rules of journalizing with respect to each class of account.
3. From the followin g information, ca lculate (a) Current Ratio, (b) Quick Ratio, (c) Working Capital Turnover Ratio and (d) Inventory Turnover Ratio:
Liabilities Rs. Assets Rs.
Share Capital 30,000 Fixed Assets 58,000
Reserves and Surplus 15,000 Stock 7,000
Borrowings 20,000 Debtors 4,000
Creditors 5,000 Cash 3,000
Provisions 2,000
72,000 72,000
Additional Information:
Cost of Goods Sold = Rs. 72,000, Opening Stock = Rs 13,000
4. What is Break- evan Anal ysis? Discuss its assumptions and uses.
Section - B (Short Answer Type Questions)
Note : Section 'B' contains eight (08) short-answer-type questions of five (05) marks each.
Learners are required to answer any four (04) questions only. (4×5=20)
1. Basis of Accounting System.
2. Money Measurement Concept.
3. Necessity and Usefulness of Ledger.
4. Statement of Changes in Financial Position.
5. From the following information given below, Determine the
amount of Gross Profit and Net Sales : Rs.
Average Stock 70,000
Stock Turnover 4 Times
Selling Price 20% above cost
6. Role of Computer in Accounting.
7. Write short notes on;
(a) Compound Journal Entry,
(b) Cost Centre.
8. Distinguish between Book Keeping and Accounting.
Section - C (Objective Type Questions)
Note : Section 'C' contains ten (10) objective-type questions
of one (01) mark each. All the questions of this section are compulsory. (10×1=10)
Fill in the blanks with appropriate words or phrases;
1. In every transaction at least ................. parties are involved.
2. The prime functions of accounting is to .................
3. The ................. principle requires that the same accounting methods should be used from year to year.
4. The basic rule of book-keeping, 'debit what comes in and credit what goes out',
is applicable to .................
5. Cash discount appears on the ................. side of the debtor's account.
6. If purchased of goods on credit is not recorded in the books, it is an error of .................
7. Material which becomes an integral part of the finished product is known as .................
8. A high margin of safety shows that the actual sales are much more than ................. sales.
9. ................. are the devices which are used to feed the necessary information in to the computer.
10. Building sold on credit is a ................. in flow of funds.
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