CWA ICWA Foundation : Accounting - December 2008

CWA ICWA FoundationAccounting • December 2008
This Paper has 57 answerable questions with 16 answered.
P—2(ACT)
Syllabus 2008
Time Allowed : 3 HoursFull Marks : 100
The figures in the margin on the right side indicate full marks.
SECTION I
Answer Question No. 1 which is compulsory and any two questions from Section I.
Marks
1.(a)In each of the following one of them is correct. Indicate the correct answer.1x9 
  (i)   (1)
  (ii)   (1)
  (iii)   (1)
  (iv)   (1)
  (v)   (1)
  (vi)   (1)
  (vii)   (1)
  (viii)   (1)
  (ix)   (1)
 (b)Fill in the blanks:1x5 
  (i)   (1)
  (ii)   (1)
  (iii)   (1)
  (iv)   (1)
  (v)   (1)
 (c)State with reasons whether the following statements are true or false:2x8 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
  (vi)   (0)
  (vii)   (0)
  (viii)   (0)
2.(a)7 (0)
 (b)3 (0)
3.(a)6 (0)
 (b)4 (0)
4.(a)6 (0)
 (b)4 (0)
SECTION II
Answer Question No. 5 which is compulsory and
any two questions from Section II.
5.(a)In each of the following one of them is correct. Indicate the correct answer.1x12 
  (i)   (1)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
  (vi)   (0)
  (vii)   (0)
  (viii)   (0)
  (ix)   (0)
  (x)   (1)
  (xi)   (0)
  (xii)   (0)
 (b)State with reasons whether the following statements are true or false:2x9 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
  (vi)   (0)
  (vii)   (0)
  (viii)   (0)
  (ix)   (0)
6.(a)7 (0)
 (b)3 (0)
7.(a)6 (0)
 (b)4 (0)
8.(a)2+2+2+4 (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)