UNIT I

Chapter 1/Unit 2

Financial Statement Analysis1. What do you mean by financial analysis? What is the significance of financial statement

analysis?

2. Define financial analysis, who are the different stake holders who can use financial analysis for decision making?

3. Define financial analysis? What are the different objectives of financial analysis?

4. Define financial analysis? what are the different types of financial analysis?

5. Discuss the various tools of financial statement analysis?

6. Analysis without interpretation is meaningless and interpretation without analysis is impossible. Discuss.

7. Discuss the merits and demerits of financial statement analysis?

Chapter 2 / Unit 2

Cash flow statement1. Define cash?

2. Define cash flow statement according to AS3.

3. Explain different sources and applications of cash.

4. How do you classify cash flows? How do you treat the inflows and outflows? Also give the examples of cash inflows and outflows.

5. Explain the procedure of preparing cash flow statement. Discuss both direct and indirect methods.

6. How cash from operations is calculated?

7. Discuss the significance of preparing cash flow statements?

8. Discuss the advantages and disadvantages of cash flow statements.

9. Differentiate between cash flow and fund flow statement.

Unit 2/ Chapter 3

Ratio Analysis1. Define ratio.

2. Define ratio analysis.

3. Define ratio analysis. What are main objectives of ration analysis.

4. How do you classify the ratios? What is the most commonly used classification of ratios?

5. Differentiate between interpretation and analysis.

6. Discuss the advantages and disadvantages of ratio analysis.

7. Discuss the liquidity ratios with interpretation.

8. Discuss the activity ratios with interpretation.

9. Discuss the profitability ratios with interpretation.

10. Discuss the leverage ratios with interpretation.

11. Explain the following:

a. Current ratio.

b. Debt equity ratio

c. Return on Equity

d. Return on assets

e. Earnings per share

f. Price earning ratio

g. Liquidity ratio

h. Dividends yield ratio

i. Interest Coverage ratio

Unit 2/ Chapter 4

Funds Flow Statements1. What do you mean by funds?

2. Define funds flow statement.

3. What do you mean by funds flow?

4. What do you mean by funds flow? Explain with the help of examples.

5. Discuss the advantages and disadvantages of funds flow statement.

6. Discuss the sources and applications of funds.

7. Differentiate between funds flow statement and balance sheet and income statement.

8. Explain the procedure of preparing funds flow statement.

9. How funds from operations is calculated?

10. How provision for tax and proposed dividend treated while preparing funds flow statement?

11. Explain the net profit and sales method of calculating funds from operations.

12. Explain the significance of preparing funds flow statement.

Unit 2 / Chapter 5

Comparative statement common size statement/ trend analysis

1. What is the significance of preparing comparative statements?

2. Explain the procedure of preparing comparative statements.

3. What are the comparative statements?

4. What is the significance of preparing common size statements?

5. Explain the procedure of preparing common size statements.

6. What are the common size statements?

7. What is the significance of preparing statements on the basis of trend analysis?

8. Explain the procedure of preparing statements on the basis of trend analysis.

9. What is trend analysis?

10. Discuss the advantages and disadvantages of preparing comparative statements.

11. Discuss the advantages and disadvantages of preparing common size statements.

12. Discuss the advantages and disadvantages of preparing statements on the basis of trend analysis.

UNIT IV

Chapter 6/Unit 4

Target Costing

1. Define target costing.

2. What do you mean by Target Costing? What is the significance of target costing?

3. Explain how prices are fixed under target costing.

4. Define target costing? What are the advantages of target costing?

5. Define target costing? What are the different tools of target costing?

6. Explain the process of target costing.

7. Explain the steps to install target costing approach.

8. Discuss the merits and demerits of target costing?

9. What is the need of target costing in an organization?

10. What are the target costing enablers?

11. What are the principles of target costing?

12. What are the facets of target costing?

Chapter 5/Unit 4

Life Cycle Costing

1. Define life cycle costing.

2. What do you mean by life cycle costing? What is the significance of life cycle costing?

3. Explain life cycle costing models.

4. Define life cycle costing? What are the advantages of life cycle costing?

5. What is the impact of future costs on current decisions?

6. Explain the process of life cycle costing.

7. Explain the cost elements in life cycle costing with examples.

8. Discuss the merits and demerits of life cycle costing?

9. What is the need of life cycle costing in an organization?

10. How are life cycle costs estimated?

11. What are the principles of life cycle costing?

12. When should life cycle costing be used?

13. Define LCC Analysis. What are the objectives of LCC Analysis?

14. Discuss the various issues in life cycle costing.

15. What is CBS?

Chapter 4/Unit 4

Kaizen Costing

1. Define Kaizen.

2. Discuss the emergence of Kaizen.

3. Explain the concept of large scale and small scale improvement.

4. Define kaizen? What are the bases of Kaizen?

5. Define Kaizen. Discuss the importance of kaizen.

6. Explain the advantages and disadvantages of kaizen.

7. What are the essentials to implement kaizen successfully?

8. Differentiate between kaizen and breakthrough.

9. What is kaizen? Give examples.

10. What is kaizen? Discuss the implementation of kaizen in Indian industries.

11. Define kaizen costing.

12. Explain the process of kaizen costing.

13. Differentiate between standard costing and kaizen costing.

14. What are the benefits of kaizen costing?

15. What are the limitations of kaizen costing?

Chapter 4/Unit 4

Kaizen Costing

1. Define Kaizen.

2. Discuss the emergence of Kaizen.

3. Explain the concept of large scale and small scale improvement.

4. Define kaizen? What are the bases of Kaizen?

5. Define Kaizen. Discuss the importance of kaizen.

6. Explain the advantages and disadvantages of kaizen.

7. What are the essentials to implement kaizen successfully?

8. Differentiate between kaizen and breakthrough.

9. What is kaizen? Give examples.

10. What is kaizen? Discuss the implementation of kaizen in Indian industries.

11. Define kaizen costing.

12. Explain the process of kaizen costing.

13. Differentiate between standard costing and kaizen costing.

14. What are the benefits of kaizen costing?

15. What are the limitations of kaizen costing?

Chapter 3/Unit 4

Price Level Accounting

1. What do you mean by Current Purchasing Power accounting? Discuss its merits and demerits.

2. Write short notes on COSA, Clearing Adjustment, monetary and non monetary items, Conversion factor and Backlog depreciation.

3. What is inflation accounting? Discuss its merits and demerits.

4. Define price level accounting. Critically evaluate its success.

5. Define inflation accounting. Discuss various techniques of price level accounting.

6. What is the impact of price level changes on financial statements?

7. Discuss the importance of price level accounting.

8. Differentiate between price level accounting and conventional accounting.

9. What does price level accounting achieve which conventional accounting fails to achieve?

10. What are the benefits of Price level accounting?

11. What are the limitations of inflation accounting?

12. What suggestions do you make to disclose the effect of price level changes on financial statements?

Chapter 2/Unit 4

Human Resource Accounting1. Write a note on human resource accounting in India

2. Write a short note on the significance of human resource accounting.

3. Write a note on human resource accounting in India.

4. Discuss the concept of human resource accounting. Explain its importance in the present context.

5. Define human resource accounting. Discuss its merits and demerits.

6. Write short note on need of human resource accounting.

7. Define HRA. What are the objectives of human resource accounting?

8. Discuss the historical development of Human Resource Accounting.

9. Who are the different stakeholders who are interested in the human resource accounting?

10. What are the different approaches used in the measurement of Human resource?

11. Discuss cost approach of HRA in detail.

12. Discuss economic value approach of HRA in detail.

13. What are the monetary measures for assessing individual value?

14. What are the non monetary measures for determining individual value?

15. Discuss Lev and Schwartz model in detail.

16. What are the emerging issues in HRA?

17. Discuss the methods for valuation of expense centre groups.

Chapter 1/Unit 4

Activity Based Costing1. Write a note on Activity Based Costing.

2. Define Activity Based Costing (ABC Costing)

3. Differentiate between traditional costing and activity based costing.

4. Define ABC costing. What is the need of Activity based costing?

5. Define Activity based Costing. Discuss its merits and demerits.

6. Write short note on need of activity based costing. Discuss the steps involved in activity based costing.

7. Define ABC Analysis. Explain the working of activity based costing.

8. Explain the advantages of activity based costing.

9. Explain the disadvantages of activity based costing.

10. Why ABC costing is superior to conventional costing.