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Mgt401 VU Midterm Current Papers of Virtual University of Pakistan (www.vusolutions.com)

Thursday, December 08, 2011 Edit This
Mgt401 VU Midterm Current Papers of Virtual University of Pakistan (www.vusolutions.com)

1 Briefly discuss (5)
Historical cost
Current cost
Realizable value

2 Write down the component of financial statement with respect to the IASB FRAMEWORK..(3)

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)

4 question yaad nhi

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