Commerce Sample Questions Financial and Management Accounting IAS & State PSCs, CBSE, ICSE etc.
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- What is financial accounting?
- What is management accounting?
- what are General Accepted Accounting principles (GAAP) ?
- What are main accounting concepts?
- What is main difference between capital and revenue items?
- What is financial statement? How to make financial statement of company?
- What is accounting treatment at the time of admission of a new partner in partnership firm?
- What is accounting treatment at the time of retirement or death of a partner in partnership firm?
- What do mean of dissolution of firm and how can distribute cash at the time of dissolution of firm?
- What is accounting treatment at the time of issue of shares?
- What is accounting treatment of forfeiture of shares?
- What do mean business liquidation of company? What is the accounting treatment at the time of liquidation of company?
- What do mean amalgamation, absorption and reconstruction? Explain its accounting treatment?
- How to calculate the value of Share?
- What is mean by cost accounting?
- What is management accounting?
- Explain ratio analysis of financial statement of company.
- What is fund flow statement? Explain the fund flow analysis?
- What is cash flow statement? Explain cash flow analysis?
- Define marginal costing and explain it in simple words.
- Explain Break even point analysis.
- Explain standard costing.
- Explain budgetary control.
- How can use costing for decision making?
- What is responsibility accounting and also explain it?
- Define financial management.
- Define capital structure and how do you make capital structure.
- Explain financial and operating leverage.
- Define cost of capital.
- Define capital budgeting.
- Explanation of working capital management.
- Explanation dividend policy.