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Old June 7th, 2014, 12:35 PM
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Default DOEACC B Level Course-Accounting and Financial Management Exam paper

Please provide me question paper for DOEACC B Level Course-Accounting and Financial Management Examination ?
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Old June 7th, 2014, 05:04 PM
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Default Re: DOEACC B Level Course-Accounting and Financial Management Exam paper

Here I am giving you question paper for DOEACC B Level Course-Accounting and Financial Management Examination in PDF file attached with it ..

a) Differentiate between any five of the following:
i) Capital expenditure and Deferred revenue expenditure
ii) Revenues and Profits
iii) Cost Concept and Cost Matching Revenue Concept
iv) Direct Costs and Indirect Costs
v) Period Costs and Product Cost
vi) Internal users and External users of accounting information

b) Answer the following in not more than 50 words each:
i) What do you understand by cost of capital?
ii) What do you mean by the term “Outstanding Salaries”?
iii) State the application of Job Costing.
iv) What do you understand by Internal Rate of Return?
v) What is the implicit assumption in Money measurement concept?
c) Journalize any four of the following transactions in the books of accounts:
i) Purchased goods for Rs. 65,000 for cash and payment made by cheque.

ii) Paid Rs. 6,000 for flowers, refreshment and rent for chairs on account of opening
ceremony of business premises.
iii) 20 Chairs @ Rs. 1,500 each and 40 tables @ Rs. 6,000 each purchased by a
furniture shop, out of which 4 chairs and 2 tables are set aside for office use.


DOEACC B Level Course-Accounting and Financial Management Exam paper






DOEACC B Level Course-Accounting and Financial Management Exam paper
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File Type: pdf DOEACC B Level Course-Accounting and Financial Management Exam paper.pdf (94.1 KB, 32 views)
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