B.Com In Banking & Insurance (BCBI) Sem III 2015 2016 2016 Management Acc. Year Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q2 Profit divided by P/V
   • c. Actual sales
2. Q3 BEP in units is calculated by usingthe
   • a. Fixed cost divided by contribution per unit
   • b. Fixed cost divided by P/V ratio
   • c. Contribution divided by sales
3. Q4 Cash flow statement is to be prepared as
   • a. AS-2
   • c. AS-3
4. Q5 report is addressed to
   • c. management
   • B) State whether the following statements are true or false. 5 Auditors report should be signed by statutory auditor
5. Q2 A routine repor' is also termed as a regular report
6. Q3 BEP sales is thet point where cost is equal to selling price
7. Q4 Marginal costing is a techniques of costing
8. Q5 Cost audit verification of cost accounting records
   • a) Section - 207
9. Q3 Management accounting c) information need of organization
10. Q5 MIS e)futuristic
    • f) direct expenses
    • g) section - 217
    • v)Sales to the following particulars (Break Ever Point for sales
    • iv)Profit Desired Sales is
11. Q3 Birla Company has the following Budget for the year 20} ‘From the above set of out additional profits for the year the following two set of changes introduced and also suggest which plan shall be implemented ‘Increase in price 20% Decrease in Price 20% jn volume 25% Increase in Volume 259, Increase in Variable “ast 10% Cast 10% Decrease in Variable ‘Increase in Fined Decrease in Fixed Cost jate \ Ratio the two Plans Present the Ww to Show learly tu 15 : from each of the followme mix ures Variable expenses are allotted to the products as 100% of direct wages 13 marks
12. Q1 2000 units of product X & 4000 units of product Y
13. Q2 3000 units of X & 3000 units of product
14. Q3 4000 units of product X & 2000 units of product Y
    • a) Explain the fiinctions of Management accounting
    • b) Explain Auditor’s report and its importance
15. Q4 a) Explain the advantage of cost audit
    • b) Classify the following items on the basis of element
    • i. Raw
    • iv. Labour vi, Depreciation on plant and machinery Write short notes on (Any 3) 15
    • i. Classification of cost on the basis of function li. Features of MIs
    • iii. Scope of manayement accounting
    • iv. Note on controller Vi, Role of MIS

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