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Old Exam Papers June 2012 (Set 2)

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A<br />

MS-04<br />

M.B.A. (First Year) EXAMINATION,<br />

<strong>June</strong>, <strong>2012</strong><br />

ACCOUNTING AND FINANCE<br />

FOR MANAGERS<br />

Paper-MS-04<br />

(Accounting and Finance for Managers)<br />

Time allowed : Three hours<br />

Maximum marks : 70<br />

Attempt any five questions. All<br />

questions carry equal marks.<br />

1. Discuss the accounting information system. Which<br />

accounting concepts is reliable in modern business and<br />

why ? Give suitable examples.<br />

2. What is IFRS ? Is India applied parts of IFRS in his<br />

Accounting Standards ? If yes, what are the standards<br />

applied by the ICAI up to current Fiscal Year 2010-11.<br />

3. Why Funds Flow Statement is used in business ? What<br />

are the importance of Funds Flow Statement ?<br />

PTO

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