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# MGT401 Current Mid Term Papers Spring 2012 Date: 11-5-2012 to 22-05-2012

MGT401 Current Mid Term Papers Spring 2012 Date: 11-5-2012 to 22-05-2012

Current Mid Term Papers Spring 2012 Papers, May 2012 Mid Term Papers, Solved Papers, Solved Past Papers, Solved MCQs

Stay blessed and Best of Luck for exam.

Remember me in your prayers.

Best Regards,

sana

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### Replies to This Discussion

Stay blessed and Best of Luck for exam.

Remember me in your prayers.

Best Regards,

sana

Please Share your Current Papers Questions/Pattern here to help each other. Thanks

1.   If:

Balance (January 01, 2008)                          100 units@ Rs. 8.00 per unit

Jan.     1                      Received                     100 units @ 7.50 per unit

Jan.     5                      Issued                         100 units

Then:

Calculate the value of inventory on January 05, 2008 using LIFO method.

2.      What do you know about Financial Assets?

3.      Differentiate between the LIFO and FIFO method for inventory valuation.

4.      What qualitative characteristics make the financial information reliable?

ooh it is so easy paper

MGT401 Midterm Examz All Current papers in one thread Spring May 2012

If:

Balance (January 01, 200 100 units@ Rs. 8.00 per unit

Jan. 1 Received 100 units @ 7.50 per unit

Jan. 5 Issued 100 units

Then:

Calculate the value of inventory on January 05, 2008 using LIFO method.

2. What do you know about Financial Assets?

3. Differentiate between the LIFO and FIFO method for inventory valuation.

4. What qualitative characteristics make the financial information reliable?

Briefly discuss (5)
Historical cost
Current cost
Realizable value
Write down the component of financial statement with respect to the IAS FRAMEWORK..(3)
If balance janurary (1, 2008) 100 units,9 Rs per unit
Jan 1 received 100 units,8 Rs per unit
Jan 3 issued 100 units
Then calculate the value of inventories of January 3,2008 using weighted average method.(5)

current liabailites and its kinds
bad debts and doubtful debts difference

and 28 mcq mostly from lectures

This question having 5 marks today

Attachments:

Shahid thanks

Q1. what heads should write under the liability side of the balance sheet?

Q2. what is current liability define it and write the categories of it. 5 marks

Q3. what are the components usually come under the current assets?

q4. write the disclosure of cash and bank balances under the companies ordinance

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