B.B.A. LL.B. (Five Years) Sem 3 Cost and Management Accounting 2012 Dec Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) What is cash budget ? What are its advantages ?
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2. Q1 OR The following data are available in a manufacturing company for a period at 50% of capacity.
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3. Q1 (b) Write a short note on Functional budgets.
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4. Q1 OR Write a short note on : Zero Base Budgeting.
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UNIT - II

1. Q2 (a) Explain : i) Types of standards ii) Establishment of standard cost.
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2. Q2 OR What are the advantages and disadvantages of Standard Costing ?
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3. Q2 (b) Write a short note on : Direct Material Cost and Direct Labour Cost.
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4. Q2 OR Distinguish between Budgetary Control and Standard Costing.
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UNIT - III

1. Q3 (a) The following information is available from the records of a factory :
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2. Q3 OR Explain material cost variances.
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3. Q3 (b) Write a short note on : Labour efficiency variance.
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4. Q3 OR What are uses of variance analysis ?
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UNIT - IV

1. Q4 (a) Define uniform costing. Give its advantages and limitations.
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2. Q4 OR Mention the general features of cost accounting records.
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3. Q4 (b) Write a short note on : Types of cost audits.
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4. Q4 OR State the objectives of interfirm comparison.
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UNIT - V

1. Q5 (a) What do you mean by social audit report ? Explain.
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2. Q5 OR Define management audit. State the objectives and limitations of management audit.
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3. Q5 (b) State the limitations of social audit.
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4. Q5 OR Distinguish between cost audit and management audit.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.