ANU UG 6th Sem B.Com Management Accounting Important Questions.

ANU UG 6th Sem B.Com Management Accounting Important Questions are now available, these questions are prepared by top examiners of anuupdates team. By preparing these questions you can get a maximum of 70 marks in your external exams.

Since for long answer questions from each unit one theory and one problem will be given. you can answer either theory or problem.

UNIT-I (Management Accounting)

1. Explain the nature and scope if management accounting.[ANU 18]
2. Discuss the importance and limitation of financial statements.
3. Distinguish between cost accounting and management accounting.[ANU 18]
4. Discuss the techniques of management accounting.[ANU 19]
5. Explain the importance of management accounting.[ANU 19]
6. Write a analytical note on common size statements and state the procedure of computing it.
7. Explain the advantages of management accounting.

UNIT-II (Ratio Analysis)

1. What do you mean by ratio analysis? What is the significance of ration analysis. [ANU 18]
2. Explain the importance of ration analysis.
3. What are the advantages and limitations of ratio analysis.
4. What are the uses and limitations of ration analysis.[ANU 19]
5. Explain the managerial uses of ration analysis and its limitations.
6. What are liquidity ration? Discuss the significance liquidity ratios.

UNIT-III (Fund Flow Statement)

1. What do you mean by funds flow statement? What are its uses?
2. Explain the importance of funds flow statement.
3. What are the sources and applications of funds flows in funds flow analysis?
4. What is funds flow statement? Explain its managerial uses.[ANU 19]
5. What are the differences between funds flow statement and cash flow statement?
6. Write the proforma of profit and loss adjustment account for ascertaining funds from operations.
7. What is funds flow statement? Why it is important tool in financial analysis.[ANU 18].

UNIT-IV (Cash Flow Statement)

1. Explain different types of cash flows.
2. Explain the objectives of cash flow statements.
3. What is cash flow statement? What are its uses?
4. Define the term" Cash flow". Explain the objectives of cash flow analysis.[ANU 19].
5. Explain the significance of cash flow statement.
6. Discuss the uses and limitations of cash flow statement.[ANU 18]

UNIT-V ( Break-Even Analysis and Decision Making)

1. Discuss the uses of managerial uses of break even analysis.
2. What is meant by break even analysis? Discuss the assumptions and limitations of break even analysis.
3. Discuss the importance of breakeven analysis.
4. What is profit-volume ratio? Explain the importance of profit -volume ratio and how do you calculate it?[ANU 19]
5. What is break even point? Explain the uses of break even analysis.[ANU 18]

Short Answers

1. Nature of management accounting.[ANU 19]
2. Turnover ratios.[ANU 19]
3. Funds from operations.[ANU 19]
4. Margin of safety.[ANU 19]
5. Return on capital employed.[ANU 19]
6. Cash flow from financial activities.[ANU 19]
7. Break-even analysis.[ANU 19]
8. Make or buy decision.[ANU 19]
9. Objectives of management accounting.[ANU 18]
10. Liquidity ratio.[ANU 18]
11. Schedule of change in working capital.[ANU 18]
12. Cash flow from operating activities.[ANU 18]
13. Profit volume ratio.[ANU 18]
14. Key factor.[ANU 18]
15. Working capital.[ANU 18]
16. Capital employed. [ANU 18]

Note: Also do problems from at least two units in exams.

ANU UG B.Com 6th Sem Auditing Important Questions

ANU UG B.Com 6th Sem Auditing Important Questions are now available. These questions are prepared by top examiners of anuupdates. By preparing these questions you can get a maximum of 70 marks in your external exams.

UNIT-I (Auditing)

1. Define 'Auditing'. Describe about the objectives of auditing.[ANU 19]
2. Discuss the role of auditor with special reference to check the corporate frauds.
3. Discuss the advantages and limitations of auditing.[ANU 19]
4. Discuss various types of frauds.
5. Define auditing. Write the functions of auditing.[ANU 18]
6. Mention the basic principles of auditing.[ANU 18]
7. " The role of auditor is more important with regarding to prevent corporation frauds". Discuss.
8. Define ' auditing'? Explain its features and objects.
9. Explain various types of errors.
10. Enunciate the qualities of an auditor.
11. What are the importance of auditing.

UNIT-II (Types of Audit)

1.  Explain various types of audit with their features.[ANU 19]
2. Cost audit vs government audit.
3. What is internal audit? Write the objectives and advantages.[ANU 18]
4. Explain the objectives and advantages of management efficiency audit.[ANU 18]
5. Explain the advantages and disadvantages of continuous audit.
6. Explain about cost audit and tax audit.
7. What are the steps involved in the audit of a charitable trust.
8. What points the auditor should bear in mind while commencing a new audit?
9. What are the objectives of independent audit?
10. What procedure is followed as to Govt. Audit? Explain.
11. Discuss different types of audits based on ownership.
12. Explain i) Independent audit ii) Financial audit iii) Secretarial audit
13. What is internal audit? Explain the scope, features and advantages of internal audit.
14. What is independent financial audit? State its objectives and advantages and disadvantages.
15. What is periodical audit? Also state its merits and demerits.[ANU 19]
16. Write the importance and advantages of cost audit.
17. Distinguish between continues audit and periodical audit.
18. What is the duty of an auditors relating to the audit of a club?

UNIT-III (Planning of Audit)

1. Distinguish between internal check and internal control.
2. What are steps required / preliminaries taken for the commencement of new audit? [ANU 19,18]
3. What is audit programme? How it is prepared? What are the advantages and disadvantages?[ANU 18]
4. What is internal check? Suggest a form of internal check for payment of wages.
5. Out line the objectives of internal audit.
6. Describe the essence of internal check. Also state its practical importance.[ANU 19]
7. What is internal check? What are its advantages and disadvantages?[ANU 18]
8. What is audit planning? state its advantages.
9. Explain internal control, and its advantages and disadvantages.
10. Explain about internal controls on cash sales and collections.
11. Internal check vs internal audit.[ANU 18]

UNIT-IV (Vouching and Investigation)

1. What are the differences between vouching and investigation?
2. Distinguish between auditing and investigation.
3. What is vouching? Write vouching procedure for cash sales.
4. Write about types of vouchers. What are the points to be noted while vouching?[ANU 18]
5. Write in brief the types of investigation.[ANU 18]
6. Explain the manner of vouching of purchases.
7. Discuss the objectives / principles of investigation.[ANU 19]
8. Briefly explain the methods of vouching, different items of cash payment.
9. Explain the procedure involved in vouching of trading transactions.
10. Evaluate the need and importance of investigation.  
11. Define Vouching. Discuss the vouching of cash transactions.[ANU 19]
12. Explain about vouching of cash book.
13. How would an auditor proceed to vouch sales and sales returns books?
14. Discuss in brief the method of  vouching cash receipts under different accounts.

UNIT-V (Company Audit and Auditors Report)

1. What are the rights and duties of auditors?
2. What is audit report? What are the contents / elements of audit report?
3. Discuss the quantities and qualifications required by an auditor.
4. What are the disqualifications of an auditor?
5. Explain the liabilities of an auditor.
6. Write briefly about the provisions of companies Act 2013
7. What are the duties of an auditor as per companies Act 2013.
8. What is the process involved in the appointment of auditor.[ANU 18]
9. How to appoint a company auditor? Also sate the qualifications of company auditor.[ANU 19]
10. Explain the rights of company auditor.[ANU 18] 
11. Explain different types of audit reports with their features.[ANU 19] 

Short Answer Questions

1. Window dressing.[ANU 19] 
2. Errors of principles.[ANU 19] 
3. Independent audit.[ANU 19] 
4. Essence of cost audit.[ANU 19] 
5. Audit note book.[ANU 19,18] 
6. Internal control.[ANU 19] 
7. Objectives of vouching.[ANU 19] 
8. Disqualifications of auditor.[ANU 19]  
9. Meaning of an auditing.[ANU 18] 
10. Private audit.[ANU 18] 
11. Auditors remuneration.[ANU 18] 
12. Audit evidence.[ANU 18] 
13. Vouching.[ANU 18] 
14. Duties of investigator.[ANU 18] 
15. Removal of auditor.[ANU 18]

ANU B.Ed 1st Sem Previous Question Papers Download

Acharya Nagarjuna University B.Ed 1st Semester exams previous question papers, anu b.ed 1st sem question papers 2020 are now available for download. The ANU B.Ed 1st sem 2020 exams are going to held in the month of Feb 2020. Here are the previous questions useful for your external exams.

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