ACCOUNTING FOR MANAGERS ANSWERS PROVIDED MOB/WHATSAPP 91 9924764558

ACCOUNTING FOR MANAGERS ANSWERS PROVIDED. MOB/WHATSAPP 91 9924764558 OR 9447965521 EMAIL: prasanththampi1975@gmail.com

SECTION-A
Q.1 Answer the following questions (Attempt
any six)
6x5=30
(i) Distinguish between cash basis of accounting
and Accrual basis of Accounting.
(ii) Write notes on.
(a) Kaizen Costing
(b) Activity based costing.
(iii) Write down the different uses and sources of
funds.
(iv) What are the different methods of calculating
depreciation.
(v) What are the advantages of responsibility
accounting?
(vi) Differentiate between cash flow and fund flow
analysis.
(vii) How does ratio analysis help management in
control?
MBA-201
(viii) What are ‘final accounts’ and their uses/ What
should be the period for their preparation.
(ix) What is Zero based budgeting and what are the
steps involved in it.
(x) What is a Balance sheet? How is it different
from a Trail Balance?
SECTION-B
Attempt any four questions(word limit 300) 10x4=40
Q.2 What is a fund flow statement why, how and
when is it prepared.
Q.3 What is the basic difference between Basic
Accounting Concepts & fundamental
convention of Accounting
Q.4 What are final accounts state the difference
between a trading and a manufacturing
account?
Q.5 What is a break-even analysis? Into what two
parts are semi-variable costs split and why?
Q.6 What is zero-base budgeting state the benefits
and criticisms of ZBB.
Q.7 Write notes on:-
(a) Human Resource Accounting.
(b) Activity Based Costing.
Q.8
Consider the following balance sheet from the
books of Jan as on 31st Dec. 2004 prepare a
work sheet for final Accounts.
Capital 20000 Office
salaries
6600
Debtors 8000 Rent 3900
Creditors 10000 Trade
expenses
2300
Purchases 60000 Furniture 10000
Sales 80000 Cash in
Hand
2400
Opening
Stock
12000 Drawings 4800
Adjustments.
1 Salaries outstanding for Dec 2004 is Rs 600.
2 Rent paid in Advance for Jan 2005 Rs 300
3 Depreciation on furniture @10% p.a.
4 Provide interest on capital for the year @5%
p.a.
5 Stock on 31st December 2004 Rs 14,000
Also prepare the final Accounts.