Madras University (UnOM) 2007 M.B.A - Management Accounting , - Institute of Distance Education - Question Paper

Management Accounting – May 2007

Time: 3 hours
Maximum: 80 marks.


PART A – ( five x five = 25 marks )

ans any 5 ques..

ans ques. carry equal marks.


1. Enlist the different functions of management accounting.

2. Discuss the significance of Dbt-Equity ratio.

3. What are the limitations of funds flow statement.

4. Compare budgeting and budgetary control.

5. What are the cost elements?

6. Write a brief note on cost-volume-profit analysis.

7. Distinguish ranging from marginal costing and absorption costing.

8. What are the objectives of reporting to management?



PART B – ( four x 10 = 40 marks )

ans any 4 ques..

All ques. carry equal marks.

9. Explain the nature and scope of management accounting.

10. What are the profitability ratios? explain their significance.

11. What is capital budgeting? Examine its need and importance.

12. Describe the essential steps to a budgetary control system.

13. Explain in brief the different kinds of variances used in standard costing.

14. Discuss different types of reports prepared by the management accountant for various levels of management.



PART C – ( one x 15 = 15 marks )

Compulsory

15. Case study :

Using the subsequent ratios, make a balance sheet at sales of Rs.36 lakhs

Sales / total assets – 3

Sales / fixed assets – 5

Sales / current assets – 7.5

Sales / inventory – 20

Sales / debtors – 15

Current ratio – 2

Total assets / net worth – 2.5

Debt / equity ratio – 1.1

Earning:   Approval pending.