TUTOR MARKED ASSIGNMENT (2021)
Record to Report (R2R)
Maximum Marks: 100 Course Code: BPOI – 005
Weight age: 30% January 2021/ July 2021
Q1. Fill in the blanks: (1×5=5)
i. The Sarbanes-Oxley Act (SOX) was enacted in —————————–.
ii. Intercompany accounting involves proper allocation of Revenues, Expenses and —————.
iii. Interest on overdraft is adjusted I ————————-.
iv. ————————- is the estimated value of the asset at the end of its useful life.
v. The ability of a firm to generate cash both from within and outside to meet its cash
requirements is referred as ——————————
Q2. True or False: (1×5=5)
i. Sale of investment is the generic sub-element of cash inflows
ii. One of the techniques of preparing a ‘Cash Budget’ is Balance Sheet method
iii. Cash Turnover is calculated as 12 months / Cash cycle in number of days
iv. The Operating cycle model was developed by William J. Baumol
v. Measure of performance is referred as Metrics.
Q3. Write short notes on: (In about 200 -250 words) (10×3=30)
i. Users of Reporting
ii. Miller and Orr Model
iii. Reasons for Revaluation of Fixed Asset
Q4. Differentiate between: (10×2=20)
i. Straight line and Reducing balance Method
ii. Debtors Reconciliation & Creditors Reconciliation
Q5. What is the need for preparing Bank Reconciliation Statement? Explain any five reasons of
disagreement between balances shown by the cash book and the pass book. (5+15=20)
Q6. What is revaluation of fixed assets? Discuss the various methods to revalue fixed asset. (20)