- Type
- Final term past paper
- Course
- MGT401 Financial Accounting II
- Size
- PDF 1.7 MB
- Updated
- 23 Oct 2026
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Rana Abubakar Khan
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MGT401 Final Term Paper shared by Student
FINAL TERM EXAM MGT401-- 22 AUG 2016 --- 8 AM SHIFT.
Qdifferent between contingent liability and provision.
Qearning per share (question , not numerical)
QIASB framework related.
QIAS 37 related.
Q4. th Schedule to the Companies Ordinance 1984. related
Qtable was given we had to tell which is adjusting and non adjusting
i prepared numerical (PV,EPS,dilute EPS , shareholder equity) but not 1 numerical come .
And MCQS i had many question in which one option was (all of above ) and i dont know i selected every time all of above option
ON FEBRUARY 27, 2016 AT 10:04PM
mgt401
- provision for warranty?? 3
- 1 application to record errors?? 3
- methods to prepare cash flow statement?? 3
- ledger entries?? 5
- asked to teel which are operating and which are financing activities?/ 5
- calculate shareholder's equity??/ 5
- present value?? 5
do remember me in ur precious prayers..
MGT 401 (Financial Accounting 2) Final Term Paper
03-March-2016
40 MCQs all from Handouts
- Non-Current liabilities under appropriate subheads (4th schedule of company ordinance)
- Briefly describe matching principle used in financial accounting.
- Direct and indirect methods used in determining operating cash flows as per IAS-17
- Define warranties as per IAS 37
- Briefly describe that how earning per share (EPS) is important in measuring the company’s performance.
- Some Journal entries asked for share repurchased at premium.
- Briefly describe the term liquidity and also explain that cash and liquidity are the same things or not.
- Events after the balance sheet (Table was given and we have to determine whether they are adjusting or non-adjusting)
- Drafts financial statement from published financial statements.
- Calculate PV or MLP ( entries were given)
Overall very conceptual paper.
Remember me in your prayers.
Wish you all good luck.
62 MCQs and 7 questions
Q1. Common Components of Memorandum (5 marks)
Q2. What do you know about distribution Cost?support your answer with three examples (5 marks)
Q3. Classify the following activites into Operating , Investing and Finance activites . (5 marks) ( 5 activites was given,, this question is related to cash flow statement )
Q4. Format of income statement on the basis of functions of expense
(5 marks)
Q5. Format of Profit and Loss Appropriation Account for a limited company (3 marks)
Q6. How expenses are aggregated according to functions. (3 marks)
Q7. ( This was a numerical question to find out Earning per Share )
(3 marks)
Best Of Luck
3/Feb/2012 mgt401
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