Download RGUHS (Rajiv Gandhi University of Health Sciences) BHA (Bachelors in Hospital Administration) 2019 October 6th Semester 1321 Cost And Management Accounting Previous Question Paper
Rajiv Gandhi University of Health Sciences, Karnataka
VI semester Bachelors in Hospital Administration Degree Examination ? OCT-2019
Time: Three Hours
Max. Marks: 80 Marks
Cost and Management Accounting
Q.P. CODE: 1321
(QP contains Two pages)
Your answers should be specific to the questions asked.
Draw neat, labeled diagrams wherever necessary
LONG ESSAYS (Answer any Two)
2 x 10 = 20 Marks
1.
What is Management accounting? Explain Fund flow analysis and Cash flow analysis.
2.
What is budgeting? Explain different kinds of budget.
3.
The following information are related to a company:
Current assets - Rs.15,00,000; Opening stock ? Rs.2,00,000; Closing stock ? Rs.3,50,000; Cost
of goods sold ? Rs.23,00,000; Gross Profit ? Rs.3,00,000; Indirect expenses ? Rs.40,000; Equity
shares ? 13,00,000; 10% Preference share capital ? Rs.5,00,000; 12% Debentures ?
Rs.6,00,000; Current Liabilities ? Rs.5,00,000; General Reserve ? Rs.3,00,000.
You are required to find out: (a) Current Ratio (b) Quick Ratio (c) Stock Turnover Ratio (d) Debt-
Equity Ratio and (e) ROI.
SHORT ESSAYS (Answer any Eight)
8 x 5 = 40 Marks
4.
Explain the scope and uses of cost accounting.
5.
Explain the classification of overheads.
6.
What are the uses of Ratio analysis?
7.
Explain marginal costing.
8.
Write a note on cost variance analysis.
9.
Briefly explain NPV and IRR.
10. Briefly explain the inventory control systems.
11. The following are the details of the Spare part of Sri Ram Mills.
2014 November 01 ? Opening Stock ? Nil
November 01 ? Purchases ? 100 units @ Rs.30 per unit
November 15 ? Issued for consumption ? 50 units
December 02 ? Purchases ? 200 units @ Rs.40 per unit
December 15 ? Issued for consumption ? 100 units
December 20 ? Issued for consumption ? 100 units
Find out the value of stock as on 31.12.2014 if the company follows FIFO method.
12. A company has three production departments and two service departments. For a month, the
departmental distribution summary has the following totals:
A
B
C
Rs.
Rs.
Rs.
Production department
900
800
600
Service department
334
400
-----
The expense of the service departments is charged out on a percentage basis as under:
Service
Production departments
Service departments
departments
A
B
C
A
B
A
20%
40%
30%
-----
10%
B
40%
20%
20%
20%
-----
You are required to show the apportionment under repeated distribution method..
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Rajiv Gandhi University of Health Sciences, Karnataka
13. During the year 2014 Sparsh Pvt Ltd earned a profit of Rs.4,20,000 after adjusting the following:
Preliminary expenses written off ? Rs.15,000
Discount on debentures written off ? Rs.22,000
Depreciation written off ? Rs.11,000
Provision for bad debts ? Rs.1,000
Salaries ? Rs.10,000
Profit on sale of fixed assets ? Rs.12,000
Loss on sale of investments ? Rs.4,000
Proposed dividend ? Rs.55,000
Transfer to debenture redemption fund ? Rs.23,000
Dividend received ? Rs.4,000
Calculate funds from operation.
SHORT ANSWERS (Answer any ten)
10 x 2 = 20 Marks
14. What is meant by Standard costing?
15. What is meant by Labour turnover?
16. What is meant by Business risk?
17. What is meant by fringe benefits?
18. What is meant by service costing?
19. What is cost centre?
20. What is meant by fund flow analysis?
21. What do you mean by Capital budgeting?
22. What is meant by idle time?
23. Give the meaning of financial accounting.
24. What is overhead?
25. What do you mean by Payback period?
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This post was last modified on 07 December 2022