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SAMPLE QUESTION PAPER (ACCOUNTING FOR MANAGERS) CODE - 104

1. What are the various methods of inventory valuation? Discuss the impact of each method on working results OR Differentiate the following: a) Periodic inventory valuation method and Perpetual inventory valuation method b) Revenue Expenditure and deferred revenue expenditure 2. What do you mean by Depreciation? Discuss various methods of Depreciation

3. Write short notes on the following a) Activity Based Costing and Cost Volume Profit Analysis(CVP Analysis) b) What are the closing entries of Trading Account and Profit & Loss Account which are passed at the end of the accounting year OR What are the various classification of Assets and Liabilities. 4. What is the difference between Cost Accounting, Financial Accounting and Management Accounting OR What re the various Techniques of Costing 5. What do you mean by Management Accounting.What Management Accounting. OR are the important functions of

What are the scope and Limitation of Management Accounting.

6. What do you mean by Financial Analysis. What are the objectives of Financial Analysis. OR What are the various tools of Financial Analysis.Also Explain about Common and Comparative statement.

7. How does Fund flow statement differs from Cash flow statement. What are their uses in the organization. OR What are the various sources of Fund Flow Statement and Cash Flow Statement 8. Discuss the significance of any of the following ratios 1) ROI 2) Liquity Ratio 3) Debt Equity Ratio 4) Capital Employed Ratio 9. What do you mean by Budgeting and Budgeting Control. Also Explain their Types. OR What is the difference between Zero Base Budgeting and Performance Budgeting

10. What do you mean by Responsibility Accounting. OR What is the difference between Standard Costing and Budgetary Costing

11. What do you mean by Break Even Point and How Margin of Safety is computed. Also explain the process of computing the Break Even point in case of the following a) Make or Buy Decision b) Shut Down Decision c) Steps in Decision Making 12. Reconciliation of Cost and Financial Accounts in the modern computer age is relevant. Comment. OR What is the chief purpose of making Reconciliation Statement.What are the main causes of it.

13. What is the chief difference between Joint Product and By Product OR What do you mean by depreciation and what are the main causes of depreciation. 14. What do you mean by Process Accounting and How is it different from others. 15. What do you mean by Absorption Costing and How is it different from Marginal Costing. OR

What do you mean by Non Integrated Costing.

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