This is one of the BComG courses. The question paper has nine questions. Out of nine questions, you have to attempt any four. Each question carries 20 marks.
BCOC 131 Important Questions.
Define Accounting. Explain its objectives and scope.
What are the objectives of keeping branch accounts? Explain various systems of maintaining accounts of a dependent branch and describe how profit is ascertained under each system.
Comment on the following: 10+10
(a) Going Concern Concept
(b) Accounting Period Concept
What are the qualitative characteristics of accounting information? Briefly explain
Briefly explain the following concepts: 4
( A) Conservatism concept
(b) Consistency concept
(c) Full disclosure concept
(d) Materiality concept
Define Depreciation. What factors should be considered for determining the amount of depreciation? Explain the merits and demerits of the written-down value method.
These are some important questions that were collected from the previous question papers.
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