Question 1 What is Depreciation?
Question 2 What are the elements of an accounting system?
Question 3 How do you prepare Flexible Budget?
Question 4 Briefly explain concept of Profit/Volume Ratio
Question 5 Briefly explain features of cash flow statements
Question 6 Write a short note on-
- Computation of changes in Working Capital
- Funds from operations
- Sources and Application of Funds
- Illustration
Question 7 What is Combined Ratios?
Question 8 What is an audit?