Get premium membership and access revision papers, questions with answers as well as video lessons.

Hba2303:Financial Accounting Question Paper

Hba2303:Financial Accounting 

Course:Bachelor Of Commerce

Institution: Meru University Of Science And Technology question papers

Exam Year:2013



MERU UNIVERSITY OF SCIENCE AND TECHNOLOGY

University Examinations 2013/2014

FOURTH YEAR, FIRST SEMESTER EXAMINATION FOR DEGREE OF BACHELOR OF

COMMERCE

HBC 2225: FINANCIAL INFORMATION SYSTEMS

QUESTION ONE (30MARKS)
(a) Define a bug in financial modeling. (1 Mark) (b) Identify and analyze the common errors in financial models. (9 Marks) (c) Any financial modeling tool should exhibit certain features. Explain any five features of a good financial model. (10 Marks) (d) Describe the common ways of documenting an excel financial model. (10 Marks)
QUESTION TWO (20 MARKS)
As a financial analyst you have been approached by the management of Bora limited to help them develop a model that will enable them select the appropriate projects to undertake. Explain the steps that you will follow to develop such a model. (20 Marks)
QUESTION THREE (20 MARKS)
(a) Describe the major decisions that must be made in inventory control using inventory management models. (6 Marks)
2
(b) In inventory management modeling it is difficult to develop a model based on ABC inventory management technique. Identity and explain the reasons that makes it difficult to develop ABC inventory model. (6 Marks) (c) As an investment advisor, you have been approached by Jane to assist her in developing a model to structure her portfolio. Discuss at least four variables to be included in this portfolio structuring model. (8 Marks)
QUESTION FOUR (20 MARKS)
(a) As a finance student you have been asked to develop a NPV capital budgeting model Required: (i) Identify and analyze the elements and variables that you will use in such a model. (10 Marks) (ii) Describe any three methods that you will use to test such a model. (6 Marks) (iii) Explain why it will be necessary to identify the uses of such a model. (4 Marks)
QUESTION FIVE (20 MARKS)
(a) Explain any five advantages of simulation. (10 Marks) (b) Identify and describe some of the variables involved in the development of a retirement planning model. (6 Marks) (c) Distinguish between budgeting and forecasting. (4 Marks)






More Question Papers


Popular Exams



Return to Question Papers