QUANTUM UNIVERSITY

Campus: - Mandawar, 22 Km Mile Stone, Roorkee - Dehradun Highway (NH-73)

ROORKEE- 247667 (Uttarakhand, INDIA)

SPECIAL ASSIGN
(EVEN Semester 2019-2020) Date: 18/march/2020
Subject: MANAGEMENT ACCOUNTING Subject Code: BC 3402
Program:B.Com 4TH SEM Max Marks (50)

NOTE: INSTRUCTIONS FOR SPECIAL ASSIGNMENT-1

The Special Assignment is compulsory for all students and will replace the Sessional-1 Exam. The General
Format shall be as follows:
a) There will be 10 questions (subjective/numerical only) in each set and a maximum of three sets
per section and minimum of one set per section. [One set A≤20 students; Two sets(A&B)≤40
students; Three sets (A&B&C) >40 students]
b) The questions will be divided among the students as follows
Class Roll Questions to be SET
Number attempted
Range
1-20 1-10 A
21-40 11-20 B
41 and above 21-30 C

SET A:
1-Cash and cash equivalents tells the existence of cash with the company. Discuss.

2-Discuss the different forms of accounting.

3-Discuss the emergence of management accounting.

4-Discuss the main functions performed by the management accountants.

5-The estimated monthly sales of a company in February- 90000, March- 96000, April- 54000 and May-
87000. If 50% of the sales are realized in the next month and balance in next of next month, what would be
the cash collection from sales in the month of April, May and June?

6-Discuss the Cash Budget? Discuss the importance of cash budget.

7-Some budget starts with historical data and some budget starts with scratch. Discuss.

8- Discuss the different types of control ratios under the budget.

9-Discuss the make or buy decision in light of marginal costing.

10- Discuss the meaning of marginal costing. Also discuss the features of marginal costing.

SET B
11-Discuss the main functions of Management Accounting.

12-Cash inflow and cash outflow is the part of management accounting. Discuss

13-Management accounting starts with end of cost accounting. Discuss.

14-Management accounting deals with decision making of financial and cost events. Discuss.

15- Prepare the flexible budget at 80 % and 100 % level of activity from the following information also
write the interpretation for total cost and Cost per Unit-

Production at 50% capacity- 5000 units

Raw material Rs 80 p.u.
Direct labour Rs 50 p.u.
Direct expenses Rs 15 p.u.
Factory expenses 50000 (Fixed at level of production)
Administrative expenses Rs 60000 (40% is fixed).
16- Discuss the application of performance budget in the business.

17-Define Performance budgeting. Explain the advantages of performance budget.

18- Discuss the difference between the performance and flexible budgets.

19-Define CVP analysis. Discuss the directional relationship of cost, volume and profit analysis.

20-Explain through depiction the break even chart. Also discuss why it is prepared.

SET C
21-Discuss the main functions of Management Accounting.

22-Discuss the management accounting. Discuss its objectives.

23-Discuss the difference between financial and management accounting.

24-Discuss the application of management accounting.

25- Prepare the flexible budget at 80 % and 100 % level of activity from the following information also
write the interpretation for total cost and Cost per Unit-

Production at 50% capacity- 5000 units

Raw material Rs 80 p.u.
Direct labour Rs 50 p.u.
 Direct expenses Rs 15 p.u.
Factory expenses 50000 (Fixed at level of production)
Administrative expenses Rs 60000 (40% is fixed).
26-Define zero based budgeting. Also explain the advantages of ZBB.

27-Discuss the difference between the performance and flexible budgets.

28- Discuss the importance of cost-volume and profit analysis.

29-Discuss the no profit and no loss point of the business operation.

30-Explain the application of marginal costing.