• Q : Practical demerits and merits of pay back period....
    Accounting Basics :

    Compare the relative theoretical and practical demerits and merits of pay-back period, accounting rate of return and internal rate of return.

  • Q : Case study-weaving ltd....
    Accounting Basics :

    Weaving Ltd is medium-sized Mauritian woollen garments company. It assembles jumpers and other forms of knitwear clothing. Despite the adverse economic background, Weaving Ltd has been doing well an

  • Q : Usefulness of the adjusted present value technique....
    Accounting Basics :

    What is the current WACC of the Syfy plc and can this be employed as a discount rate to evaluate the project? Describe the usefulness of the adjusted present value technique as a technique for evaluat

  • Q : Taxable income and mortgage interest....
    Accounting Basics :

    Suppose the same facts as in the preceding question (again, ignore any deduction that might relate to self-employment taxes). Mohammed’s Taxable Income for 2013 is:

  • Q : Taxable income and standard deduction....
    Accounting Basics :

    Justin and Juna, ages 44 and 38, are married and file a joint return.  In addition to have three dependent children (Jennifer, Joyce and Jacqueline), Justin and Juna have adjusted gross income

  • Q : Cash basis of accounting....
    Accounting Basics :

    What do you mean by cash basis of Accounting? How does it distinct from Accrual basis of Accounting?

  • Q : Accounting for managers....
    Accounting Basics :

    Explain the accounting procedure for declaring and distributing the dividends.

  • Q : Merits and demerits of underwriting....
    Accounting Basics :

    Illustrate the merits and demerits of underwriting. What do you understand by the term trading account?  What purpose does it serve?

  • Q : Kinds of business combinations....
    Financial Accounting :

    What are the various kinds of business combinations? Explain the operational and financial advantages of the merger. Determine the steps which you would take for collecting the elements of business to

  • Q : Techniques of computing costs....
    Cost Accounting :

    Describe any five techniques of computing costs. Make a distinction between revaluation technique and sinking fund technique of providing depreciation.

  • Q : Hospital cost and financial accounting....
    Financial Accounting :

    Describe the accounting standards followed in India.

  • Q : Advantages and limitations of auditing....
    Auditing :

    Describe the advantage and limitation of auditing.What is an audit report? State its contents and importance. Also describe the uses of report writing.

  • Q : Explaining incidence of tax....
    Taxation :

    Describe the incidence of tax with suitable example? Describe the deductions available to assessee u/s 24 under the head income from house property.

  • Q : Differentiating cost control and cost reduction....
    Cost Accounting :

    Differentiate between the following: Cost Control and Cost Reduction and Cost Allocation and Cost Absorption.

  • Q : Relationship between binomial and poisson distribution....
    Managerial Accounting :

    Describe Poisson Distribution and Normal Distribution? Distinguish clearly the relationship between the Binomial and Poisson distribution.

  • Q : Differentiating hire purchase system and instalment system....
    Financial Accounting :

    Differentiate between Hire Purchase System and Instalment System.

  • Q : Municipal bond revenue....
    Financial Accounting :

    During fiscal year 2012, KhoiLeCo earned $10,000 of interest revenue on an investment in a tax-free municipal bond. Which of the given items would be raised by the municipal bond revenue?

  • Q : Goodwill on the financial statements....
    Financial Accounting :

    In 2010, Turner Inc. acquired Syed Ltd. Though, the expected synergies never materialized. In 2013, Turner decided to write-off $45 million of Goodwill on the financial statements to recognize that

  • Q : Capital lease accounting treatment....
    Accounting Basics :

    Krishnan’s managers computed the present value of the lease payments as $75,000 using an effective interest rate of 8%. Krishnan had to use capital lease accounting treatment for the truck.

  • Q : Paper business and audit risk....
    Auditing :

    Summarize individual company Annual Report data and information to support your findings from one company in the industry (technology industry)for three pages (These need not be fraud cases).

  • Q : Differentiating cost accounting and financial accounting....
    Cost Accounting :

    Explain the term Cost Accounting. Write down the differences between cost accounting and financial accounting?

  • Q : Explaining allocation and apportionment of overhead....
    Cost Accounting :

    What do you understand by allocation and apportionment of overhead? In which industries is operating coating used.

  • Q : Methods of redeeming the redeemable preference shares....
    Financial Accounting :

    What are redeemable preference shares? Describe the various methods of redeeming the redeemable preference shares.

  • Q : Computing remuneration of the liquidator....
    Financial Accounting :

    How is the remuneration of the liquidator computed? What do you understand by super profit? How is it computed?

  • Q : Current economic environment of company....
    Accounting Standards :

    Analyze the operations of each company. How is the company doing in this present economic environment? Is the world economy affecting the company? How?

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