SMU MBA 2nd year Paper 2013 Financial and Management Accounting Sikkim Manipal University Exam 2013 1st SEM Financial and Management Accounting Test Question Paper Free Download Sikkim Manipal University Financial and Management Accounting Multiple Choice Question Papers 2013 SMU MBA 4th SEM Question Paper 2013 for all students Previous Year old Past Papers of SMU MCQ MBA SEM VI Paper 2013Financial and Management Accounting Sikkim Manipal University Exam MBA 3rd SEM year Sample Model Question Papers Free Download PDF
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Financial and Management Accounting
1. What is the relationship between book keeping and accounting?
a. Both are concerned with recording economic data
b. Accounting stops, book keeping starts
c. Book keeping is concerned with recording transactions while accounting is measuring, analyzing and communicating the financial data
d. They are synonymous.
2. Identify financial transaction in the following list
a. Formulating a bonus policy
b. Discussion on discontinuation of production of a product
c. Receiving royalty for the minerals extracted
d. A wordy warfare between employees and management about wages.
3. The object of financial Accounting is not
a. To prepare future financial plans
b. To prepare and communicate final accounts
c. To record all transactions and interpret the financial data
d. To take into consideration the historical data
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SMU MBA Financial and Management Accounting MCQ Question Paper