Management Accounting Question Paper 2022 [Dibrugarh University BCOM 5th SEM HONS]

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 31^st March, 2021 and 2022:

Additional Information:

(1) During the year ended 31^st 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:

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

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:

Also Read: Management Accounting Question Papers Non CBCS Pattern