Symbiosis International Education Centre 2007-1st Sem M.B.A Human Resource Management Management Accountanat Assignment (PGDHRM) - Question Paper

Management Accounting
Match The subsequent
ques. accurate ans Your ans
Accounting Process of analyzing & interpretation Process of analyzing & interpretation
Profitability statement shows the amount of profit earned shows the amount of profit earned
Balance-sheet Financial status Financial status
Book-Keeping Books of Accounts Books of Accounts
Financial statement Profitability statement & Balance-sheet Profitability statement & Balance-sheet

Multiple option Single ans
ques. Salary paid to employee amounted Rs. 10,000, transferred to Trading A/C is an example of_______
accurate ans fault of Commission
Your ans fault of Commission

Multiple option Single ans
ques. Labour cost shows that labour cost which cannot be identified with the individual cost centre and is incurred for those employees who are not engaged in the manufacturing process but only assist i
accurate ans Remuneration
Your ans Indirect

True/False
ques. To take make or buy decision under the marginal costing , if purchase price of the product is less than its variable cost it is advisable to go for manufacturing proposition.
accurate ans False
Your ans False


choose The Blank
ques. Over absorption of overheads may take place due to the reasons like ________ overheads being less than the ________ overheads
accurate ans true
Your ans estimated
accurate ans estimated
Your ans true

True/False
ques. Income received in advance transfer to current liabilities
accurate ans actual
Your ans actual

choose The Blank
ques. Bank reconciliation statement is the statement prepared to discuss the ________ as to why the bank balance as per ________ and bank balance as per bank book does not match
accurate ans reasons
Your ans reasons
accurate ans pass book
Your ans pass book

choose The Blank
ques. Fixed cost is the cost that tend to remain ________ irrespective of ________
accurate ans constant
Your ans constant
accurate ans level of activity
Your ans level of activity

True/False
ques. A business is an activity carried out with the intention of earning the profit.
accurate ans actual
Your ans actual

Multiple option Single ans
ques. If wages for the month of January, February and March are Rs.4,000, Rs.4,400 and Rs.4,600 respectively and if delay in payment of wages is ½ month , payment of wages for the month of February is
accurate ans 4,200
Your ans 4,000

choose The Blank
ques. Management Accounting has a very ________ scope and it requires ________ organizational structure
accurate ans wide
Your ans wide
accurate ans what are
Your ans what are

True/False
ques. Accounting is an art of recording, classifying & summarizing in a significant manner.
accurate ans actual
Your ans actual

Multiple option Single ans
ques. For a unit, if opening stock of raw material is 10,000 units, closing stock of raw material is 5,000 units and consumption is 3,20,000 units, what will be the quantum of raw material to be purchased

Earning:   Approval pending.