Vardhman Mahaveer Open University, december 2010 question paper Accounting and Finance for Managers

Vardhman Mahaveer Open University, december 2010 question paper
Papers (A) (December) 2010
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A
MS-04
M.B.A. (First Year)/DIM EXAMINATION,
December, 2010
ACCOUNTING AND FINANCE FOR
MANAGERS
Paper-MS-04
(Accounting and Finance for Managers)
Time allowed : Three hours
Maximum marks : 70
Attempt any five questions. All
questions carry equal marks.
1. Distinguish management accounting from financial
accounting.
2. Examine the role of accounting concepts in the preparation
of financial statements.
3. What are the purposes of accounting information ? What
purpose in your opinion is the most important and why ?
4. Financial statements are most useful, if they report only
the value of assets that are tangible. Do you agree ?
Explain.
5. Explain FIFO and LIFO methods of inventory
valuation.
6. "Current assets to an extent are financed by current
liabilities." Explain.
7. "Fixed cost are variable per unit while variable cost are
fixed per unit." Comment.
8. From the following data, calculate :
(i) Break-Even-Point sales
(ii) No. of units sold to earn a profit of
Rs. 1,00,000
Selling price per unit Rs. 20
Variable cost per unit Rs. 15
Fixed factory overhead Rs. 5,00,000
Fixed selling overhead Rs. 2,00,000
9. Write short notes on any two of the following :
(i) Margin of safety
(ii) Working capital
(iii) Annual Report
(iv) Role of Board of Directors

Mahatma Gandhi University M.Com Accounting and Finance December 2012 Question paper

University:  Mahatma Gandhi University
Course:  M.Com
Subject :  Accounting and Finance
Year of  Question Paper : 2012

M.com Degree Examination, December 2012
Third Semester
Paper XI - ADVANCED COST ACCOUNTING


Section A
Answer all questions.
Each questions carries 2 marks.
Each answer not to exceed three sentences.

1. What are the objectives of cost accounting.
2. What is meant by cost unit?
3. What is prime Cost?
4. What do you mean by P/V ratio?
5. Define standard costing?
6. Explain margin of safety.
7. What is zero base budgeting?
8. Compute break even point
Fixed cost Rs. 40,000
Variable cost Rs.2 p.u.
Selling Price Rs. 10 p.u.
9. Explain the concept of productivity.
10.What is sunk cost?

Section B
Answer any five questions in about a page.
Each question carries 5 marks.

11. Explain the assumptions underlying break even analysis.
12. Compare cost reduction and cost control.
13. Explain the methods disposition of variance.
14. List down any five objectives of budgeting control.
15. Draw a material procurement budget (quantitative)from the following information:
Estimated sales of a product 40,000 units
Each unit of the product requires 3 units of Material A and 5 units of material B.
Estimated opening balances at the commencement of the next year.
Finished Product 5,000 units
Material A 12,000 units
Material B 20,000 units
Materials on order:
Material A 7,000 units
Material B 11,000 units.
The desirable closing balances at the end of the next year.
Fished Product 7,000 units
Material A 15,000 units
Material B 25,000 units
Materials on order:
Material A 8,000 units
Material B 10,000 units.

16. During the month of May, the following data apply:
Raw material Standard
X 60 units at Rs.25 .... 1,500
Y 40 units at Rs.50 .... 2,000
...... .......
100 .... 3,500
Less: Loss 30 .... ...
....... .......
70 3,500
....... .......
Raw material Actual
X 56 units at Rs.25 .... 1,400
Y 44 units at Rs.50 .... 2,200
....... .......
100 3,600
Less: Loss 26 ...
....... .......
74 3,600
....... .......
The standard loss in 30 per cent. Calculate:
(a) Material Yield variance.
(b) Material Mix variance.

17.sales 4,000 units at Rs. 10 p.u.
Break Even Point= 1,500 units 
Fixed cost = Rs. 3,000
What is the amount of (a) Variable cost
(b) Profit?
18. Journalise the following transactions assuming cost and financial accounts are integrated:
Rs.
Wages paid (20% indirect .... 15,000
Materials Purchased .... 22,500
Materials issued to Production .... 18,250
Wages changed to Production .... 9,700.

Section C 
Answer any one question.
It carries 10 marks.

19. What is integrated accounting? State the advantages and disadvantages of integrated accounting.

20. The Manager of Repairs and Maintenance Department in response to a request, Submitted the following estimates for his department that are t be used to construct a flexible budget to be used during the caning budget year.
Details of cost Planned at 6,000 direct Planned at 9,000 direct
repair hours repair hours
Employee salaries 30,000 ... 30,000
Indirect repair materials 40,200 ... 60,300
Misc.cost etc. 13,200 ... 16,800
(a) Prepare a flexible budget for the department up to activity level of 10,000 repair hours.
(rise increment of 10,000)
(b) What would be the budget allowance at 8,500 direct repair hours?

Section D
Answer any one question. 
The question carries 20 marks.

21. What are the preliminaries is establishing a system of standard costing?

22. Two companies which have the following operating details decide to merge:
Company I Company II
Capacity utilization 90% 60%
Sales (Rs. lakhs) 540 300
Variable cost 396 225
Fixed cost 80 50 
Assuming proposal is implemented, calculated:
(i) Break even point of the merged plant and capacity utilization at that stage.
(ii) Profitability of the merged plant at 80% capacity utilization.
iii) Sales turnover of the merged plan to earn a profit of Rs. 75 lakhs..

Bharathiar University Administration M.B.A Accounting and finance for managers April 2013 Question paper

University: Bharathiar University
Course: M.B.A
Subject :  Accounting and finance for managers
Year of  Question Paper : 2013


MBA Degree first year examination April 2013
Accounting and finance for managers

Time: 3 hours
Maximum marks: 100

Answer any five questions. Each question carries 20 marks.

1. Illustrates various kinds of drawing and their treatment in the financial statements. Elucidate the process of Depreciation Accounting.

2. What is meant by accounting ratio analysis? Elucidate the importance of the ratio analysis. What are the steps involved in the process of fund flow statement?

3. Define budgetary control. Highlight the various types of budgets. What is Break Even Point Analysis? Briefly explain the profit volume ratio.

4. What is meant by finance? Explain the relationship in between the finance and their related disciplines. Explain the objectives of financial management.

5. Define time value of money. Explain the classifications of the time value money. Illustrates the rule of 69 with live example from the banking industry.

6. Highlight the importance of capital budgeting. What are two different classifications of capital budgeting tools?

7. Explain the various statistical measures available for risk. Elucidate the systematic and unsystematic risk.

8. Write short notes on marginal cost, equity share, debentures and dividend policy..

Bharathiar University M.B.A Strategic management second year examination April 2014 Question paper

University: Bharathiar University
Course: M.B.A 
Subject :  Accounting and finance 

Year of  Question Paper : 2014

MBA Degree Examination April 2014
Strategic management

Time: 3 hours
Maximum marks: 100

Answer any five questions. Each question carries 20 marks.

1. What are the different methods and tools used for strategic planning and evaluation?

2. What do you understand by Competitive cost dynamics?

3. Write on the use of experience curve and cash flow implication in strategic planning.

4. Discounted cash flow analysis is the most widely used investment technique.

5. Comment on the implications of cash flow for comparing the merits of strategies.

6. Write a note on various approaches to implementation of strategy.

7. What is the importance of matching organization structure with strategy in strategic implementation?

8. What is the us and importance of 7S model in strategic implementation?

Bharathiar University M.B.A Accounting and finance for managers first year examination April 2014 Question paper

University: Bharathiar University
Course: M.B.A
Subject :  Accounting and finance
Year of  Question Paper : 2014


MBA Degree first year exam April 2014
Accounting and finance for managers

Time: 3 hours
Maximum marks: 100

Answer any five questions. Each question carries 20 marks.

1. What is the need of having subsidiary account?

2. Explain why discount allowed is brought under the debit side and discount received is brought under the credit side?

3. What are the elements of non cash transaction?

4. Illustrate the interrelationships in between the accounting statements and statement of position.

5. Explain the various accounting concepts and conventions through additional information or adjustments.

6. Define depreciation. Explain the meaning of the term depreciation.

7. Elucidate the process of Depreciation Accounting.

8. Write elaborative note on the financial statements analysis..

Bharathiar University M.B.A Accounting and finance for managers first year question paper Question paper 2014

University:  Bharathiar University
Course:  M.B.A
Subject : Accounting and finance
Year of  Question Paper : 2014



MBA Degree first year exam April 2014
Accounting and finance for managers

Time: 3 hours
Maximum marks: 100

Answer any five questions. Each question carries 20 marks.

1. What is the need of having subsidiary account?

2. Explain why discount allowed is brought under the debit side and discount received is brought under the credit side?

3. What are the elements of non cash transaction?

4. Illustrate the interrelationships in between the accounting statements and statement of position.

5. Explain the various accounting concepts and conventions through additional information or adjustments.

6. Define depreciation. Explain the meaning of the term depreciation.

7. Elucidate the process of Depreciation Accounting.

8. Write elaborative note on the financial statements analysis..