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IGNOU MER-08 (July 2024 – January 2025) Assignment Questions

1. Explain the Continuity concept and the Consistency concept. What is their significance in accounting ? How does inconsistency open the doors for manipulation of reported income and assets ? Explain

2. Discuss major purposes of accounting information and role of information in the control process.

3. Explain the following terms with example;

(a) Inventory (b) Current Liabilities
(c) Reserves and Surplus (d) Contingent liabilities

4. What is working capital and what factors affect the size of working capital in enterprise.

5. Describe the concepts and components of working capital, explain its Significance and need of working capital.

IGNOU MER-08 (July 2023 – January 2024) Assignment Questions

1. Describe the roles and functions of accounting personnel in an organization.

2. Discuss major purposes of accounting information and role of information in the control process.

3. Explain the following terms with example;

(a) Inventory (b) Current Liabilities
(c) Reserves and Surplus (d) Contingent liabilities

4. What is working capital and what factors affect the size of working capital in enterprise.

5. Describe the concepts and components of working capital, explain its Significance and need of working capital.

MER-08 Assignments Details

University	:	IGNOU (Indira Gandhi National Open University)
Title	:	Finance and Accounting
Language(s)	:	English
Code	:	MER-08
Degree	:	MAER
Subject	:	Entrepreneurship
Course	:	Core Courses (CC)
Author	:	Gullybaba.com Panel
Publisher	:	Gullybaba Publishing House Pvt. Ltd.

IGNOU MER-08 (Jul 24 - Jan 25, Jul 23 - Jan 24) - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment MER-08 – Finance and Accounting Then GullyBaba is the right place for you. We have the Assignment available in Urdu language. This particular Assignment references the syllabus chosen for the subject of English, for the Jul 24 - Jan 25, Jul 23 - Jan 24 session. The code for the assignment is MER-08 and it is often used by students who are enrolled in the IGNOU Solved Assignments, MAER Degree. Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.