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Question Bank (SEM VI)
Financial Accounting
Q.1 What is Amalgamation?
Explain different ways of amalgamation.
Q.2 What is Purchase Consideration? Explain
the different methods of calculation of purchase consideration.
Q3: Write Short note on Amalgamation
Adjustment Account.
Q4. Explain how accounting of foreign currency
transaction differs from transaction in home currency.
Q5. Write a note on Spot Rate vs. Average
Rate.
Q6. Write short note of
Foreign Exchange fluctuation Account.
Q7. State restrictions and conditions placed
under Companies Act on payment of underwriting commission?
Q8. Write a short note on Types of
Underwriting.
Q9. Write a short note on Overriding
commission.
Q10. What do you mean by LLP? Explain its
features.
Q.11. Explain the procedure for incorporation of a
Limited Liability Partnership .
Q.12. Write a short note on Contribution.
Q.13 Write a short note on Designated
partner.
Q14 Write a short note on Overriding
Preferential Payments
Q15 Explain the preferential creditors as given
under the Companies Act 2013.
Q16. What are the various lists that are to be
attached to the Statement of Affairs?
Q17: Write a short note on Monetary and Non
Monetary items
Q.18 Distinguish between Purchase method and Merger
Method.
Q19 Discuss the procedure of calculation of Net
Liability of underwriters.
Q20 Write a short note on Liquidators Final Statement
of Accounts.
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