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Advanced Cost Accounting Paper-21 Max. Marks: 100 Time: 3 Hrs. Note: There will be three sections of the question paper. In section A there will be 10 short answer questions of 2 marks each. All questions of this section are compulsory. Section B will comprise of 10 questions of 5 marks each out of which candidates are required to attempt any seven questions. Financial Accounting Advanced Financial Accounting Richard Lewis and. The limitations of historical cost accounting 73 Interim summary 77 Distributable profits 77.

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