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    laket64875
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    The document outlines 4 assignments with questions about cost accounting, management accounting, and financial statements. Assignment 1 involves explaining cost accounting objectives, cost sheets, and differentiating between cost, management, and financial accounting. Assignment 2 covers labor cost control, timekeeping, labor turnover treatment and wage payment systems. Assignment 3 defines management accounting scope and functions, marginal costing, and responsibility centers. Assignment 4 defines financial statements and analysis techniques, performance measurement, and management accounting for process decisions.

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    The document outlines 4 assignments with questions about cost accounting, management accounting, and financial statements. Assignment 1 involves explaining cost accounting objectives, cost sheets, and differentiating between cost, management, and financial accounting. Assignment 2 covers labor cost control, timekeeping, labor turnover treatment and wage payment systems. Assignment 3 defines management accounting scope and functions, marginal costing, and responsibility centers. Assignment 4 defines financial statements and analysis techniques, performance measurement, and management accounting for process decisions.

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    © All Rights Reserved
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    6 views2 pages

    Assignments

    Uploaded by

    laket64875
    The document outlines 4 assignments with questions about cost accounting, management accounting, and financial statements. Assignment 1 involves explaining cost accounting objectives, cost sheets, and differentiating between cost, management, and financial accounting. Assignment 2 covers labor cost control, timekeeping, labor turnover treatment and wage payment systems. Assignment 3 defines management accounting scope and functions, marginal costing, and responsibility centers. Assignment 4 defines financial statements and analysis techniques, performance measurement, and management accounting for process decisions.

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    © All Rights Reserved
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    of 2

    Assignments

    Assignment 1
    Q1. Explain Cost Accounting. Also explain Objectives of cost accounting.
    Q2. Explain element of cost sheet. Also explain importance of cost sheet.
    Q3. Define types of costing and installation of costing system.
    Q4. Differentiate between cost accounting and financial accounting. Also differentiate between cost accounting and
    management accounting.

    Assignment 2
    Q1. Explain labour cost control and its importance. Also explain time keeping and time booking.
    Q2. Explain labour turnover. Also explain treatment and control of labour turnover.
    Q3. Explain idle time and over time.
    Q4. Define wage payment systems. Also explain time wage system, piece wage system and Debt or Balance method of wage
    payment.
    Assignment 3

    Q1. Explain meaning, nature and scope of management accounting.


    Q2. Explain objectives and functions of management accounting.
    Q3. Define marginal costing. Also explain marginal costing techniques.
    Q4. Define responsibility accounting. Also explain types of responsibility centres.

    Assignment 4

    Q1. Define nature and types of financial statement. Also explain techniques of financial statement analysis.
    Q2. Define ration analysis, fund flow and cash flow analysis.
    Q3. Define different technique in performance measurement.
    Q4. Explain management accounting information for activity and process decisions.

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