Download PTU B.Com 2020 Dec 3rd Sem 76649 Management Accounting Question Paper

Roll No.
Total No. of Pages : 03
Total No. of Questions : 18
B.Com (Hons) (2018 Batch) (Sem.?3)

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MANAGEMENT ACCOUNTING
Subject Code : BCOM 301-18
M.Code : 76649
Time : 3 Hrs. Max. Marks : 60
INST RUCT IONS T O CANDIDAT ES :

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1 .
SECT ION-A is COMPULSORY cons is ting of TEN questions carrying TWO marks
each.
2 .
SECT ION-B cons ists of F OUR Sub-sec tions : Un its-I, II, III & IV.

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3 .
Eac h Sub-section contains TWO questions each , carry in g T EN ma rks e ach .
4 .
Students have to atte mpt an y ONE ques tion from each Sub-section.
SECTION-A

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Write briefly :
Q1. Explain three merits of management accounting.
Q2. What is Solvency Ratios?
Q3. How fixed budget differ from flexible budget?
Q4. Define Responsibility Centre.

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Q5. Discuss in detail benefits of standard costing.
Q6. Define Turnover Ratio.
Q7. How will you calculate current ratio?
Q8. What do you mean by cash flow statement?
Q9. How will you calculate cash from operation?

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Q10. Define Trend Analysis.
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SECTION-B

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UNIT-I
Q11. What do you mean by management accounting? Discuss in detail scope, nature and
functions of management accounting. Discuss in detail how financial accounting differs
from management accounting?
Q12. What do you mean by financial statements analysis? Discuss in detail what parameters to

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be addressed by financial statements analyst during analysis process. What are analysis
implications of financial statements analysis to the stakeholders?
UNIT-II
Q13. Define nature, uses and limitation of ratios. Discuss in detail with the help of example of
different types of ratios.

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Q14. Anupam International LTD produces three products A, B, C each requiring more than one
labour operation. Labour requirement per unit of output is given below :
Operation
A
B

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C
1
10
20
5

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2
5
?
10
3

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15
10
5
The factory works for 8 hours per day for 26 days in a month. In a month 8 hours are lost
due to various reasons. The budgeted hourly rates for the workers in operations 1, 2 and 3

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are Rs.4, Rs.5 and Rs.6 respectively.
The budgeted production during the Month for the three products is as follows :
PRODUCT A
4000 units
PRODUCT B

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6000 units
PRODUCT C
8000 units
Prepare a labour budget for the month showing for each operation,
a) Direct labour hour

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b) Direct labour cost
c) The number of workers.
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UNIT-III
Q15. Discuss in detail with the help of example the procedure of making fund flow statement.
Q16. a) The following is the position of Current Assets and Current Liabilities of M Ltd. :
2006
2007

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Particulars
Rs.
Rs.
Provision for Bad Debts
1,000

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3,000
Short-term Loan
10,000
19,000
Creditors

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15,000
10,000
Bills Receivable
20,000
40,000

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The company incurred a loss of Rs. 45,000 during the year. Calculate the Net Cash Flows
from the Operating Activities by Indirect Method.
b) Discuss in detail advantages and limitations of cash flow statement.
UNIT-IV
Q17. Define concept of accounting responsibility centers. Discuss in detail relevance of different

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types of responsibility with the help of example.
Q18. Describe the concept of divisional performance Management. What are the financial and
non financial measures of responsibility accounting?
NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.

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