Bharathiar University 2008 B.Com Management Accounting - exam paper

B.com DEGREE exam
Sixth Semester
Part III- Computer Applications
April. 2009
Management Accounting

Time: three Hours Maximum 100 Marks

ans ALL ques.
part – A (10 x one = 10 Marks)
1. Management accounting involves
(a) Preparation of financial statement (b) analyze and interpretation of data
(c) Recording of data (d) none of these

2. Financial statements are
(a) Estimated of facts. (b) Anticipated facts (c) Recorded facts

3. Low turnover of stock ratio shows
(a) Over investment in inventory (b) monopoly situation
(c) Solvency position. (d) More sales.

4. The ratio of shareholders equity to fixed assets should be
(a) 1:1 (b) 1:2 (c) 2:1 (d) 1:3.

5. Increasing in the amount of debtors outcome in
(a) reduce in cash (b) increase in cash (c) no modifications in cash

6. Excess of current asset over current liabilities
(a) Fixed capital (b) working capital (c) cash in hand

7. A BEP in units is
(a) Sales - Variable cost (b) Fixed cost / contribution per unit (c) Fixed cost / PV ratio
8. When fixed cost is Rs. 10,000 and P.V ratio is 50 %, BEP will be
(a) Rs. 40,000 (b) Rs. 30,000 (c) Rs.20, 000

9. A budget is a
(a) Plan of action (b) financial term (c) Non – Financial term

10. The incorporation of all the functional budgets is called:
(a) Production budget (b) Sales budget (c) Master budget


part B (5 x 6= 30 Marks)
11. (a). Distinguish ranging from Management Accounting and Cost Accounting.
(or)
(b). discuss the Functions of Management Accountant.

12. (a). A company sells goods on cash as well as on credit. The subsequent particulars are extended from their books of accounts:
Gross total sales Rs. 4, 00,000; Cash sales Rs.80,000;
Sales returns Rs. 28,000; Debtors at the end Rs. 36,000;
Provision for doubtful debts Rs. 3,000; Total creditors at the end Rs. 25,000
Bills receivables at the end Rs. 8,000 compute avg. collection period.
(or)
(b). compute the current assets and Stock of the company from the subsequent information:
(i) Stock turnover: five times.
(ii) Stock at the end is Rs.5,000 more than stock in the beginning.

Earning:   Approval pending.