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  • Mba1 Afm Dec09

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    1) The document is an exam paper for the subject Accounting for Management. It contains 7 questions divided into two sections - Section A contains 10 short answer questions and Section B contains 4 long answer questions. 2) Section A tests basic accounting concepts like branches of accounting, accounting cycle, accounting period, target costing, trend analysis, differences between fund flow and cash flow statements, price level accounting, and zero base budgeting. It also tests the difference between direct and indirect expenses. 3) Section B questions require explanations of common size balance sheet and income statement, methods of valuing human resources, material cost variance calculations, break even analysis assumptions and uses, and preparation of a

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    1) The document is an exam paper for the subject Accounting for Management. It contains 7 questions divided into two sections - Section A contains 10 short answer questions and Section B contains 4 long answer questions. 2) Section A tests basic accounting concepts like branches of accounting, accounting cycle, accounting period, target costing, trend analysis, differences between fund flow and cash flow statements, price level accounting, and zero base budgeting. It also tests the difference between direct and indirect expenses. 3) Section B questions require explanations of common size balance sheet and income statement, methods of valuing human resources, material cost variance calculations, break even analysis assumptions and uses, and preparation of a

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    34 views2 pages

    Mba1 Afm Dec09

    Uploaded by

    kamalsodhi24
    1) The document is an exam paper for the subject Accounting for Management. It contains 7 questions divided into two sections - Section A contains 10 short answer questions and Section B contains 4 long answer questions. 2) Section A tests basic accounting concepts like branches of accounting, accounting cycle, accounting period, target costing, trend analysis, differences between fund flow and cash flow statements, price level accounting, and zero base budgeting. It also tests the difference between direct and indirect expenses. 3) Section B questions require explanations of common size balance sheet and income statement, methods of valuing human resources, material cost variance calculations, break even analysis assumptions and uses, and preparation of a

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    Roll No.

    : 071
    TotalNo.of Questions No.of Pages: 02
    L\yLtyLcaLlS+dj n.tp+qa., .Efl",
    (/
    MBA 1sem./-1";
    ACCOUNTINGFORMANAGEMENT
    SUBJECTCODE : MB - 103
    PaperID : [C0103]
    [Note : Pleasefill subject code and paper ID on OMRI

    Time : 03 Hours Maximum Marks : 60


    Instruction to Candidates:
    1) Section- A is Compulsory.
    2\ Attempt any Four questionsfrom Section- B.

    Section- A

    8t) (10x2:20)

    a) Name different branchesof accounting.


    b) What is accountingcycle?
    c) Explain accountingperiod concept.
    d) Definetargetcosting.

    e) What is trend analysis?


    f) Differentiatebetweenfund flow and cashflow statement.
    g) What is price level accounting?
    h) Define Zero BaseBudgeting.

    D ExplainassumptionsofBreakEvenAnalysis.

    ) DistinguishbetweenDirect ExpenseandIndirectF.xpense.

    Section- B
    (4 x 10:40)

    Q2) What is common size balancesheetand income statement?Explain the


    techniquesof preparingcommonsizebalancesheet.

    Q3) Explainvariousmethodsof valuing humanresourcesin an organizations.

    J-24s[812e1 P,TO.
    Q4) Fromthe following calculate
    (a) Material costvariance
    (b) Material usagevariance
    (c) Materialpricevariance
    Quantityofmaterial purchased 3000units
    Valueof materialpurchased Rs 9000
    StandardQuantity of materialrequiredper tonneof finished
    product 25 units
    Standardrate of material Rs 2 per unit
    Openingstockof material NIL
    Closingstockof material 500units
    Finishedproductsmanufactured 80 tonnes

    Q5) Whatis break even analysis?Discussits assumptionsand uses.

    Q6) Explain variousconceptsand conventionswhich arebackboneof accounting


    system.

    Q7) From the following Balance sheetof SM Industries,preparea fund flow


    statement.Showyour working clearly.
    Liabilities 2001 2002 Assets 2001 2002
    Share 60000 6s000 Goodwill 30000 25000
    Capital
    Profit and 34000 26000 Plantand 60000 s0000
    loss account machinery
    Current 12000 3000 Current 16000 19000
    liabilities assets
    106000 94000 106000 94000
    Additional information:
    (u) Depreciationof Rs 20000on plant and machinerychargedto Profit and
    loss.
    (b) Dividend of Rs 12000was paid duringthe year.

    ***

    J-243 2

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