Q1. Give an account of the various personnel working in the accounting department of an organisation.

Q2. What is meant by Cost Accounting? Explain the various types of Costs?

Q3. Define Budget. Explain the need and importance of Budgetary Control in the overall financial planning of an organization.

Q4. What do you understand by financial management? What are its various components?

Q5. What are the criteria for judging an investment proposal? Discuss two main methods of evaluating investment proposals.

Q6. Discuss the concept of CVP Analysis. Describe the difference between CVP Analysis and Breakeven Analysis.

Q7. What is a Balance Sheet? Describe its various constituents.

Q8. Define Dividend. Discuss the factors that are taken into consideration by a company while taking a decision on dividend to be declared.

Q9. What is a Rolling Budget? Why is it prepared? Explain the procedure of preparing rolling budget.

Q10. Write short notes on the following in about 150 words each:

• (a)) Profit Graph (150 words)
• (b)) Fixed and Current Assets (150 words)
• (c)) Financial leverage (150 words)
• (d)) Working Capital (150 words)