B.B.M./B.B.A. (I.B.) (Third Semester) EXAMINATION, 2018
306 MANAGEMENT ACCOUNTING
(2013 PATTERN)
Time Three Hours Maximum Marks 80
N.B. All questions are compulsory and carry equal marks.
(ii Use of simple calculator is allowed.
1. Discuss in detail objectives and scope of Management Accounting.
Or
Define Management Accounting. Discuss the various tools and
techniques used in Management Accounting.
2. What is Financial Statement Analysis Discuss in detail Comparative
Financial Statement.
Or
The following financial data are furnished for the year ended
2017-18
Sales 12,00,000
G.P. (Gross Profit) 4,00,000
Net Profit 50,000
Cash 1,10,000
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Bank 65,000
Other Expenses 3,50,000
Sundry Debtors 57,500
Bills Receivables 40,000
Stock 1,50,000
Creditors 30,000
Bills Payable 10,000
Bank Overdraft 10,000
Debt 1,50,000
Equity Shares 4,00,000
Calculate
Gross Profit Ratio
Net Profit Ratio
Current Ratio
Liquid Ratio
Debt Equity Ratio
Operating Ratio.
3. Discuss in detail cash flow statement with its advantages and
disadvantages.
Or
The following records are obtained from ABC Ltd.
Sales (5,000 units 20 each) 1,00,000
Variable Costs 72,000
Fixed Cost 16,800
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Calculate
P/V Ratio
Break-Even Sales
Margin of Safety
What additional units should be sold to obtain the same amount,
of profit if the selling price is reduced to 20
4. Discuss the 'Budget' and 'Budgetory Control' with the various types
of budget.
Or
The Expenses budgeted for production of 10,000 units in a factory
are as below
Particulars per unit
Material 80
Labour 60
Direct Expenses 40
Factory Expenses Fixed) 60
Selling Expenses Fixed) 40
Administrative Expenses Fixed) 10
Prepare a flexible budget of
8,000 units
12,000 units.
Also calculate the cost per unit at those level of production.
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5. Write short notes on (any four)
Balance Sheet Rations
Fund flow statement
Difference between Management Accounting and Financial
Accounting
Advantages of Ratio Analysis
Common size statements
Profit Volume Ratio.