MER-8 Solved Assignment 2023-24

Description

MER-8 Solved Assignment 2023-24 for July 2023 and January 2024 Session

Master of Arts (Entrepreneurship) (MAER)

M.E.R-08

FINANCE AND ACCOUNTING

TUTORIAL MARKED ASSIGNMENT

COURSE CODE : MER-008

COURSE TITLE : FINANCE AND ACCOUNTING

ASSIGNMENT CODE : MER-008/TMA/2023-2024

COVERAGE : ALL BLOCKS

Maximum Marks: 100

Note: Attempts all the questions:

1. Describe the roles and functions of accounting personnel in an organization. (20 Marks)
2. Discuss major purposes of accounting information and role of information in the control process. (20 Marks)
3. Explain the following terms with example;

(a) Inventory (b) Current Liabilities

(c) Reserves and Surplus (d) Contingent liabilities (20 Marks)

4. What is working capital and what factors affect the size of working capital in enterprise. (20 Marks)
5. Describe the concepts and components of working capital, explain its Significance and need of working capital. (20 Marks)

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MER8, MER 8