Code No 438 Principles of Accounting Paper STE 2020 free download AIOU

      

Semester Terminal Exams (STE) For Semester Autumn 2020

BA (Renamed as Associate Degree) Program Autumn 2020

Code No 438 Principles of Accounting

 Paper STE 2020 free download AIOU

All B.A(A.D) & B.ED(4/2.5/1.5) Solved  Paper Download 

Question No 1

I.) What relationship exist between the position of an account on the balance sheet and the rules for recording increase in that account.

ii)What requirement is imposed by the double entry system in the recording of any business transaction?

Question No 2

i) What factor should be considered when comparing the net income figure of a partnership to that of a corporation of similar size?

ii)What do you understand the concept and meaning of amalgamation?

Question No 3

You are employed by a business consulting firm as an information system specialist. you have just begun an assignment with a startup company and have been given the assignment of discussing with the owner her need for an accounting system. How would you respond to the following questions from the owner?

 a.   Who designs and install accounting system?

b. What is the purpose of an accounting system and what are its basic functions?

C.How does management s explanation enhance the usefulness of financial accounting information?

                                            

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