Sunday, May 15, 2011

FIN621 Past Mid Term Paper

FIN621 Past Mid Term Paper

Some Mcq,s Old and some new
Short Question

  • ·        Record the insurance paid                                                                       3 maarks
  • ·        Why land is recorded at cost in balance sheet.                                    3 marks
  • ·        When inventory is understated, how many accounts does it affect?  3 marks
  • ·        Figures were given and it was asked to calculate the net cash flow from operating activity.                                                                                                          5 marks
  • ·        Figures were given and it was asked to calculate the net cash flow from financing activity.                                                                                                          5 marks

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