Grow strong to take up the challenges of life. The top lessons for getting you back on track.

Amity B. Com. 4 Sem Management Accounting
Amity B. Com. 4 Sem Management Accounting
Amity B. Com. 4 Sem Management Accounting Q1. Explain position of Management Accounting in the organization? Q2. Explain analysis of Financial Statements along with its objectives? Q3. Elaborate any 3 types of liquidity ratio? Q4. Write short note on any three of the following. a) Difference between cash and fund. b) Flexible Budgets and Master Budgets c) Concept of Capital of Capital Budgeting d) Advantages and Limitations of Budgetary Control e) Short-term Financial Ratios and Long-term Financial Ratios Q5. What is Fund Flow Statement and how funds flow analysis is usefull for management? Q6. Why its importance to Establishing a system of Budgetary Control? Q7. Explain different methods of Ranking Investment proposals? Q8. Define DUPONT Control Chart? Comparing Ratios with Industry Following information are available for SRK Co. along with various ratios relevant to the particular industry which it belongs. Balance Sheet As at 31.03.2014 Liabilities Amount Assets Amounts Equity Share Capital 2,400,000.00 Fixed Assests 1,210,000.00 10% Debenture 460,000.00 Cash 440,000.00 Sundry Creditors 330,000.00 Sundry Debtors 550,000.00 Bills Payable 440,000.00 Stocks 1,650,000.00 Other Current Liabilities 220,000.00 3,850,000.00 3,850,000.00 Statement of Profitability for the year ending 31.03.2014 Particulars Rs. Rs. Sales 5,500,000.00 Less: Cost of Good Sold: Material 2090000 Wages 1320000 Factory Overheads 649000 44,059,000.00 Gross Profit 1,441,000.00 Less: Selling and Distribution Cost 550000 Admin Cost 614000 1,164,000.00 Earning before Interest and Taxes 277,000.00 Less: Interest Charges 46,000.00 Earning before Taxes 231,000.00 Less: Tax @50% 115,500.00 Net Profit(PAT) 115,500.00 Industry Norms Current Assets/Current liabilities 2.5 sales/Debtors 8.0 Sales/Stocks 9.0 Sales/Total Assets 2.0 Net Profit/Sales 3.5% Net Profit/Total Assets 7.0% Net Profit/ Net Worth 10.5% Total Debt/Total Assets 60.0% Q1. Find out the relevant ratios relating to SRK Co Q2. Give your comments on Strengths and Weakness of SRK Co. Q3. Compare its ratios with industry Norms. 1.Managerial accounting does not include 2.Managerial accounting information is generally used by 3.What helps in ascertaining costs beforehand 4.The scope of cost accounting include 5.Which one is not the limitation of the Management Accounting. 6.Which of the following is not a technique of Financial Statement 7.Which of the following ratio indicates the short-term liquidity of a business? 8.Which of the following is true when a debtor pays his dues? 9.An income statement reports a business's financial___ 10.The sections of Income Statements are 11.Accounting Ratios are important tools used by 12.DU PONT Analysis deals with: 13.SRK Ltd. has a Current Ratio of 3: 2 and Net Current Assets of Rs. 5,00,000.What are the current assets. 14.Debt to Total Assets Ratio can be enhanced by 15.Which of the following statements is correct? 16.Capital Budgeting is a part of 17.Capital Budgeting deals with 18.Which of the following is not used in Capital Budgeting? 19.Capital Budgeting Decisions are 20.A sound Capital Budgeting technique is based on 21.Cash Budget does not include 22.Which of the following is not true of cash budget? 23.Budgetary control involves all but one of the following: 24.Under responsibility accounting, the evaluation of a manager’s performance is based on matters that the manager 25.Responsibility centers include 26.Which of the following is NOT a cash outflow for the firm 27.Which of the following would be considered a use of funds 28.For a profitable firm, total sources of funds will always total uses of funds 29.Which of the following would be included in a cash budget? 30.Uses of funds include a 31.Which of the following is not an advantage of Budgets 32.The Process of Budgetary control includes 33.Which of the following is not the advantage of Budgetary control 34.Which of the following is problem in budgeting 35.The investment in total current assets is known as 36.An accounting system wherein the operations are broken down into cost centers controllable by a foreman, sales manager, or supervisor, is known as 37.The basic difference between a static budget and a flexible budget is that 38.Important factors consider for sales budget are 39.The Real Cashflows must be discounted to get the present value at a rate equal to 40.Risk in Capital budgeting is same as We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only)

Leave a Reply

Your email address will not be published. Required fields are marked *