Download PTU MBA 2020 March 2nd Sem 51195 Accounting For Management Ii Question Paper

Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) ) MBA (Master of Business Administration) 2020 March 2nd Sem 51195 Accounting For Management Ii Previous Question Paper

1 | M-51195 (S43)-2587

Roll No. Total No. of Pages : 02
Total No. of Questions : 06
MBA (PIT) (Sem.?2)
ACCOUNTING FOR MANAGEMENT-II
Subject Code : MBA-207
M.Code : 51195
Time : 3 Hrs. Max. Marks : 60

INSTRUCTIONS TO CANDIDATES :
1. SECTION-A contains SIX questions carrying TWO marks each and students
have to attempt ALL questions.
2. SECTION-B consists of FOUR questions each carrying TEN marks each and
student has to attempt ALL questions.
3. SECTION-C is consist of ONE Case Study carrying EIGHT marks.
4. All Questions are Compulsory.

SECTION-A
1. Write short notes on :
a) Uses of financial Statement
b) IFRS
c) Tender Costing
d) Opportunity Costing
e) Zero Base Budgeting
f) Break Even Analysis

SECTION-B
2. What is Analysis of Financial Statements? Briefly explain any two tools analyzing this
statements.
3. What is the Purpose of preparing Cash Flow Statement? How it is prepared? Explain &
illustrate.
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1 | M-51195 (S43)-2587

Roll No. Total No. of Pages : 02
Total No. of Questions : 06
MBA (PIT) (Sem.?2)
ACCOUNTING FOR MANAGEMENT-II
Subject Code : MBA-207
M.Code : 51195
Time : 3 Hrs. Max. Marks : 60

INSTRUCTIONS TO CANDIDATES :
1. SECTION-A contains SIX questions carrying TWO marks each and students
have to attempt ALL questions.
2. SECTION-B consists of FOUR questions each carrying TEN marks each and
student has to attempt ALL questions.
3. SECTION-C is consist of ONE Case Study carrying EIGHT marks.
4. All Questions are Compulsory.

SECTION-A
1. Write short notes on :
a) Uses of financial Statement
b) IFRS
c) Tender Costing
d) Opportunity Costing
e) Zero Base Budgeting
f) Break Even Analysis

SECTION-B
2. What is Analysis of Financial Statements? Briefly explain any two tools analyzing this
statements.
3. What is the Purpose of preparing Cash Flow Statement? How it is prepared? Explain &
illustrate.

2 | M-51195 (S43)-2587

4. ?Marginal Costing is essentially a technique of Cost Analysis and Cost Production?.
Discuss the statement with reference to the application, merits & limitations of Marginal
Costing.
5. The Standard Costing of a certain Chemical Mixture is: 35% Material A at Rs25 per kg,
and 65% Material B at Rs 36 per kg. A Standard Loss of 5% is expected in production.
During a Period, there is used: 125 kg of Material A at Rs27 per kg; and 275 kg of
Material B at Rs34 per kg. The actual Output was 365 kg. Calculate :
(a) Material Cost Variance
(b) Material Yield Variance

SECTION-C
6. Explain the Case Study of :
LMN Ltd purchases 20,000 bells per annum from an outside supplier at Rs 5 each.
The Management feels that these be manufactured and not purchased. A Machine
Costing Rs 50,000 will be required to manufacture the item within the factory. The
Machine has an annual capacity of 30,000 units and life for 5 Years. The Following
additional information is available :
Material Cost per Bill Rs 200
Labour Cost per Bill Rs 100
Variable Overheads 100 % of Labour Cost
a) The Company should continue to purchase the bells from outside supplier or should
make them in factory and
b) The Company should accept an order to supply 5000 bells to the market at Selling
Price of Rs 4.50 per unit?




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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