FYBFM Sem 1 Question Paper Pattern – Financial Accounting Paper 1

Dear FYBFMites,

The Financial Accounting Paper I deals with nature and purpose of accounting, books of accounts, introduction to financial statements and preparation of financial accounts. The subject will be covered by the respective faculty in 60 lectures.

Here we present FYBFM Sem 1 Question Paper Pattern – Financial Accounting Paper 1:

Maximum marks – 75

Duration – 2.5 hours

All questions are compulsory and will carry 15 marks each.

Q.1) Objective questions

a) sub questions will be asked 10 out of which students have to answer any 8

b) sub questions will be asked 10 out of which students have to answer any 7

(This question can include – multiple choice / true or false / match the columns / fill in the blanks)

Marks – 15

Q.2) Full length question – 15 marks

Or

Full length question – 15 marks

Q.3) Full length question – 15 marks

Or

Full length question – 15 marks

Q. 4) Full length question – 15 marks

Or

Full length question – 15 marks

Q.5)

a) Theory questions – 8 marks

b) Theory questions – 7 marks

OR

Q.5) Short notes: – 15 marks

5 questions will be asked out of which 3 have to be answered.

Please note that:

• Full length question of 15 marks may be divided into 2 sub-questions of 8 and 7 marks or 3 short notes 5 marks depending upon the topics.
• In case of short notes, students may be asked 4 or 5 short notes out of which they would have to answer 3 of them.
• Attempt is made by the faculties to cover all the topics in the question paper. As far as possible, options would be mostly given within the same module so that students do not skip any module.