CS Executive Corporate and Management Accounting PYQ June 2019: Question Paper and Available Answers
CS Executive
Corporate and Management Accounting
PYQS Series
June 2019
28 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Corporate and Management Accounting PYQS (June 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Explain the following: Parameters those are to be kept in mind during the time of raising and drafting the Audit queries.
- Explain the following: State the advantages of subdivision of Ledger.
- Explain the following: Features of International Financial Reporting Standards.
- During the course of the meeting of Board of directors' of Yana Ltd., it has been decided to forfeit the 500 shares held by Aasha on account of non-payment of the call amount of ₹
- Aarvi Ltd. has availed a loan of ₹ 150 lakh from Bank of India and issued to the Bank of India as collateral security – 2,50,000 debentures bearing interest rate of 9%, and of the
- What are the salient features of Ind AS-103 on 'Business Combination'?
- Elaborate the guidelines provided by SEBI with respect to creation of Debenture Redemption Reserve.
- The following information is extracted from the Balance Sheet of Chika Ltd. as at 31 st March, 2019: Name of Account Amount (₹ in lakh) Term Loans 250 Capital Redemption Reserve 21
- The following balances were shown in the Balance Sheet of Geeta Ltd. as at 31 st March, 2019: Particulars Amount (₹ in lakh) 500 lakh Equity Shares of ₹10 each fully paid up 5,000
- From the following information, work out the Economic Value Added by Vije Ltd.: Particulars Amount (in lakh) Shareholders' Fund 4,200 Long-term Debt 1,800 Trade Payables 750 Net Op
- Beta Ltd. is a subsidiary of Alpha Ltd. The following is the Balance Sheet of Beta Limited as at 31 st March, 2019: Particulars Amount (in lakh) EQUITY AND LIABILITIES 1. Sharehold
- Aman Ltd. issued to the public 16,000, 10% Debentures of ₹ 100 each at a discount of 2%. The amount payable by applicants is as ₹ 50 per debenture along with application and balanc
- Following balances are provided by Nakul Ltd. for the year ended on 31 st March, 2018 and on 31 st March, 2019: Particulars 31 st March, 2018 31 st March, 2019 Equity Share Capital
- What are the responsibilities of the Trustees of the International Financial Reporting Standards (IFRS) Foundation?
- From the following Balance Sheets of Viva Ltd. and Jiyu Ltd., prepare the Consolidated Balance Sheet in the books of Viva Ltd. Viva Ltd. acquired the shares of Jiyu Ltd. as on 1 st
- Prepare a Value Added Statement for the year ended on 31 st March, 2019 and also Reconciliation of Total value added with Profit before Taxes, from the Profit and Loss Statement of
- Following data are provided by Mahi Ltd. : Particulars Product-Kau (₹) Product-Vau (₹) Direct material @ ₹ 25 per kg. 250 200 Direct labour @ ₹ 48 per hour 240 168 Selling Price 90
- What are the disclosure requirements as per Ind AS 102?
- From the following information, you are required to calculate the Value per Equity Share as on 1 st April, 2020 of Udhami Limited: 50,00,000 Equity Shares of ₹10 each fully paid-up
- Explain the applicability of Cost Audit as per Rule 4 of the Companies Act, 2013.
- The following details are provided by Trupti Engineering Ltd. with respect to their product, named as Prima: Level of activity (Units) 1,000 2,000 Cost per unit (₹) Direct material
- Explain the components of the total risk of a security. Provide necessary examples for each component of risks.
- What do you understand by Shareholder Value Added (SVA)? What are the benefits of adopting SVA?
- You have applied for the position of Assistant Company Secretary in Sashvati Ltd. As part of the pre-interview scanning, the following information has been provided to you: Sales ₹
- Roma Ltd. has to choose one of the machines from two mutually exclusive machines. Two proposals are: Machine Rani and Machine Prince. The required amount of cash outlays for Machin
- The following information is provided by Muni Ltd. : Sales Budget for the year 1 st April, 2019 to 31 st March, 2020 Quarter Product-Pixel (units) Product-Quita (units) 1 st Quarte
- What are the essential steps to be taken to have an effective management reporting system in the firm?
- Calculate the Weighted Average Cost of Capital of Makkhu Ltd. from the following information: Particulars Amount in ₹ 4,00,000 Equity Shares of ₹10 each fully paid-up 40,00,000 80,
How to Prepare for CS Executive Corporate and Management Accounting
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