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MMPC-004 Solved Assignments 2024-25 Available
1. What are the objectives of preparing Financial Statements? Describe the basic concepts of income determination.
2. In context of Cash Flow Statement, what is cash and cash equivalent? In what categories cash flows are classified and explain how cash flow in each activity is calculated as per AS-3. Describe how cash flow statement is prepared under Direct Method.
3. What is an Annual Report? Discuss in brief the contents of an annual report and describe the non audited information contained in an Annual Report of any company.
4. What is Human Resource Accounting? How can it be used as a decision tool by Management?
5. A) Compute Profit when –
Sales Rs.4,00,000
Fixed Cost Rs. 80,000
BEP Rs. 3,20,000
B) Compute Sales When –
Fixed Cost Rs.40,000
Profit Rs. 20,000
BEP Rs. 80,000
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