M.Com-M.Com MA and FS 1st Sem Managerial Economics(Osmania University (OU)-2013)
Wednesday, 18 December 2013 10:55systech
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M.com 1st Semester-Non CBCS 2013
Code No.4301/Non-CBCS
Managerial Accounting
Part-A
Answer all the following questions 5*4=20 marks
What is accounting Theory?
Objectives of ASB in India?
What is Responsibility Accounting?
Define Inflation Accounting?
Contents of True Blood Report?
Section B
Answer all the following Questions
6. a. Distinguish between Financial &Management Accounting?
OR
b. Explain Business Entity, Going Concern, Money Measurement concepts?
7. a. Discuss Significance of accounting standards
OR
B. Explain Standards Setting process in India?
8. a. Discuss significant approaches in study of Human resource accounting?
b. From the following info. assess the divisional performance, assuming that each division considered as INVESTMENT CENTRE?
| particulars |
Division X |
Division Y |
| Investments Sales Variable costs Direct operating fixed costs Controllable Uncontrollable Indirect operating fixed costs (Uncontrollable) |
5 lakhs 10 lakhs 30% 1.50lakhs .50 lakhs 3.00lakhs |
10 lakhs 20 lakhs 40% 3.50lakhs 1.0 lakhs 5.50lakhs |
9. a . Discuss various concept of income and revenue for financial reporting purposes?
Or
b. Ascertain NET MONETARY RESULTS under CPP method.
| Particulars |
1.4.2011 |
31.3.2012 |
| Bank balance Accounts receivable Accounts payable GPI Average for the year |
2000 10000 15000 100 160 |
3000 12000 1000 200 |
10. a. State the objectives and recent developments in Financial Reporting system?
b. What is harmonization in financial reporting and state the problems in harmonization process?
| Earning: ₹ 7.00/- |
