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Financial Accounting End Term: 13 September 2026, Set AN (May 2026 term)

Question 1

+1 markOne correct option

Which of the following best explains why different users rely on accounting information?

  1. A

    Managers use accounting information only to calculate taxes

  2. B

    Investors, creditors, and managers use accounting information for decision- making related to the company

  3. C

    Creditors use accounting information only to determine employee salaries

  4. D

    Investors use accounting information only to record daily transactions

Question 2

+1 markOne correct option

A company purchased machinery for ₹180,000, sold equipment for ₹62,000, and purchased long- term investments for ₹40,000. What is the net cash flow from investing activities?

  1. A

    ₹(158,000)

  2. B

    ₹(220,000)

  3. C

    ₹(170,000)

  4. D

    ₹(88,000)

Question 3

+1 markOne correct option
  1. A

    4.12%

  2. B

    2.45%

  3. C

    3.69%

  4. D

    1.44%

37 more questions in this paper

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More on the Financial Accounting End Term 13 Sept 2026 Set AN paper

The IIT Madras BS Financial Accounting (Financial Accounting) End Term paper sat on 13 Sept 2026, in the May 2026 term, set AN: 40 questions for 40 marks in 180 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureFinancial Accounting End Term 13 Sept 2026 Set AN at a glance
TermMay 2026 term
SubjectFinancial Accounting
Questions40
Marks40
Duration180 min
MCQ40
Negative markingNo negative marking.
Updated

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