Management Accounting Question Paper 2022
[Dibrugarh University BCOm 5th SEM HONS]
5 SEM TDC DSE COM (CBCS) 501 (GR-I) - 2022 (Nov / Dec)
COMMERCE (Discipline Specific Elective)
(For Honours / Non-Honours)
Paper: DSE-501 (Group-I)
(Management Accounting)
Full Marks: 80
Pass Marks: 32
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1. (a) Write True or False: 1 x 4 = 4
(1) In management accounting, only those figures are used which can be measured in monetary terms.
(2) Depreciation of machinery is a source of funds.
(3) The difference between actual cost and standard cost is known as differential cost.
(4) A system of budgetary control cannot be used in a business where standard costing is in use.
(b) Fill in the blanks: 1 x 4 = 4
(1) Management accounting is based on _______ information.
(2) Issue of equity shares is a cash flow from _______ activities.
(3) _______ budget is a summary of all functional budgets.
(4) Margin of safety can be improved by reducing the _______ cost.
2. Write short notes on any four of the following: 4 x 4 = 16
(a) Tools of Management Accounting.
(b) Operating Activities.
(c) Profit-volume Graph.
(d) Product Budget.
(e) Contribution.
3. Define Management Accounting. Discuss its functions and limitations. 4+5+5=14
Or
Discuss the various tools and techniques of Management Accounting. 14
4. (a) (1) Explain the objects of Cash Flow Statement. 7
(2) Distinguish between Cash Flow Statement and Fund Flow Statement. 7
Or
(b) The following are the balance taken from the books of a limited company as on 31st March, 2021 and 2022:
Credit Balance | 2021 Rs. | 2022 Rs. | Debit Balance | 2021 Rs. | 2022 Rs. |
Share Capital | 2,00,000 | 2,60,000 | Cash at Bank | 2,480 | 2,700 |
Sundry Creditor | 39,500 | 41,135 | Debtors | 85,000 | 72,000 |
Bills Payable | 33,780 | 11,252 | Advances | 2,500 | 1,000 |
Bank Overdraft | 59,510 | - | Stock | 1,11,000 | 97,000 |
Provision for Tax | 40,000 | 50,000 | Land & Building | 1,49,000 | 1,45,000 |
Reserves | 50,000 | 50,000 | Machinery & Plant | 1,12,500 | 1,16,000 |
Surplus | 39,690 | 41,220 | Goodwill | - | 20,180 |
| 4,62,480 | 4,53,880 |
| 4,62,480 | 4,53,880 |
Additional Information:
(1) During the year ended 31st March, 2022, dividend was paid Rs. 18,000.
(2) Income tax paid during the year 2021-22 Rs. 25,000.
(3) The net profit for the year before tax was Rs. 62,530.
Prepare Cash Flow Statement by indirect method. 14
5. “Marginal costing is a very useful technique to management for cost control, profit planning and decision making.” Explain. 14
Or
The following are the details of profit and loss data relating to a manufacturing business:
| Rs. |
Sales Cost of Goods Sold: Variable 40,000 Fixed 10,000 | 1,00,000 - - 50,000 |
Gross Profit | 50,000 |
Selling and Administrative Cost: Variable 10,000 Fixed 5,000 | - - 15,000 |
Net Profit | 35,000 |
From the above data, calculate –
(1) profit-volume ratio;
(2) break-even point;
(3) profit for the sales volume of Rs. 1,60,000 and Rs. 70,000.
Would it be profitable to reduce the selling price by 10% if it leads to an increase in sales by 30%? 2+3+4+5=14
6. (a) What do you mean by cash budget? What are its advantages? Explain the limitations of budgetary control. 4+4+6=14
Or
(b) From the following estimates of B. C. Ltd., prepare a sales overhead budget: 14
Advertisement Expenses of the Sales Department Salaries of the Sales Department Counter salesmen’s salary and dearness allowance | Rs. 5,000 Rs. 4,000 Rs. 9,000 Rs. 12,000 |
Counter salesmen are allowed commission @ 2% on their sales
Travelling salesmen are allowed commission and expenses @ 10% and 5% on their sales respectively.
The estimated sales during the period were as under:
Area | Counter Sales Rs. | Sales by Travelling Salesmen Rs. |
I | 1,60,000 | 20,000 |
II | 2,25,000 | 28,000 |
III | 2,70,000 | 45,000 |
Also Read: Management Accounting Question Papers Non CBCS Pattern
This is all about Management Accounting Question Paper 2023. For more Dibrugarh University Question Papers click here.
This is all about Management Accounting Question Paper 2023. For more Dibrugarh University Question Papers click here.
Also Read: Management Accounting Question Papers CBCS Pattern
Management Accounting Question Paper 2021 [Dibrugarh University B.Com 5th Sem CBCS Pattern]
Management Accounting Question Paper 2022 [Dibrugarh University BCOM 5th SEM HONS]
Management Accounting Question Paper 2023 [Dibrugarh University BCOM 5th SEM HONS]
Management Accounting Question Paper 2024 [Dibrugarh University BCOM 5th SEM HONS]
*****
Management Accounting Question Paper 2021 [Dibrugarh University B.Com 5th Sem CBCS Pattern]
Management Accounting Question Paper 2022 [Dibrugarh University BCOM 5th SEM HONS]
Management Accounting Question Paper 2023 [Dibrugarh University BCOM 5th SEM HONS]
Management Accounting Question Paper 2024 [Dibrugarh University BCOM 5th SEM HONS]
*****
Post a Comment
Kindly give your valuable feedback to improve this website.