BCom In Accounting & Finance (BCAF) SEM IV 2018 19 Oct 2018-19 ATKT MANAGEMENT ACCOUNTING II Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q2 Each question carries 15 marks
2. Q3 Suitable assumptions and working notes should
3. Q4 Figures to the right hand side indicate full
4. Q5 Please check whether you have got the right
5. Q1 A) Rewrite the sentences with correct option (Any 8) is the test of the Short term liquidity of a business 8 marks
   • b. Stock
   • c. Operating ratio
   • d. Current ratio
   • b. Financial
   • d. None of SS
   • a. Operating on Size Revenue Statement, Percentages of all the components is of Fictitious Asset not written off Advertisement Expenditure not written off Paper Subject Code: 78010 Management Accounting (Introduction to
6. Q7 When Current assets are less than Current liabilities then it
   • a. Gross
   • b. Positive
   • c. Negative
   • d. Zero,
7. Q8 Purpose of management accounting is to
   • a. Ascertain Profit and Loss of
   • b. Know Financial Status of
   • d. Assist managers to make
8. Q9 Accounting ratios can be expressed in
   • a. Pure number
   • b. Percentage
   • c. Times
   • d. Pure number or Percentage or Times
9. Q10 is not an operating expense, Depreciation of Machinery,
10. Q1 B) Match 7 marks
    • b) ~ Assets Activity~ | Mandatory in case of Companies Comparative Statem ent Sale of goods Voluntary incase of Companies / Subject Code: 78010 Management Accounting (Introduction to Managenient Accounting) Ir
11. Q2 Following is the balance sheet of GAMA Itd. as at 31 March, 2016 Sales for the year Rs.1400000; Gross Profit - stock is You are required to calculate the following ratios (alter preparing Vertical Balance
12. Q2 Following is the profit and loss of To Opening Stock To Wages 125000 By 5500 To Factory expenses To Office Salaries 60000 Opening balance of Debtors at:the end of the year is Rs. 220000 = the beginning is and at the end of the year is Rs. 185000 You are. required te compute (after preparing Vertical Income Statement): Gross Profit ratio Operating Ratio. (d) Creditors Turnover Ratio and The of igour Ltd as on March, 2016 And 31% March, 2017 were Paper Subject Code: 78010 Management Accounting (Introduction to
    • a) New machinery costing Rs. 80,000 was 18,000 (WDV Rs. 6000) was sold for
    • b) Tax paid during the year Rs. 90000 Dividend proposed during the year Prepare cash flow statement as per as-3 (use indirect method), £
13. Q3 A manufacturing unit wants to estimate their working capital for the year 2017 for 24000 units. Its cost stfucture Materials Rs. 120, Factory overheads inistrative 0% of It is estimated that:
    • a) Material equal to month consumption to one and half
    • b) Process month and in respect of overheads is month the output of the sold to. estimate the working capital required for the year Qu The oF Trading and Profit and Loss a/c for Yow are askéd a Commonsize statement and offer your comments, provides you following balance sheets. Rearrange them in vertical form and Comparative Statement and offer your comments: (15) wer Subject Code: 78010 Management Accounting (Introduction to II
14. Q5 A) Distinguish between Management A. and Financial Accounting 8points
    • B) What is Working Capital? Explain any 6 Déterminants,
15. Q5 Write Short Notes on of the 15 marks
    • b. Advantages of Management

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