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Get fully solved assignment. Buy online from website www.smuassignment.in online store or plz drop a mail with your sub code [email protected] we will revert you within 2-3 hour or immediate Charges rs 125/subject if urgent then call us on 08791490301, 08273413412 DRIVE SUMMER 2016 PROGRAM BBA SEMESTER IV SUBJECT CODE & NAME BBA 402 MANAGEMENT ACCOUNTING 1. What are the advantages and limitations of Budgetary control? Advantages of Budgetary Control Limitations of Budgetary Control Answer: Some advantages of budgetary control are: Maximisation of profit – Budgetary control increases a company’s profits by proper planning and co- Q2. What are the uses of Fund Flow Statement? Uses of Fund Flow Statement Answer: Uses of Fund Flow Statement Analysis of financial position – The basic purpose of preparing the statement is to have a look into the financial operations. It analyses how the funds were obtained and used in the past. Hence, it is a Q3. 1 ton of material input yield standard output of 1,00,000 units. The standard price of materials is Rs. 20 per kg. The actual quantity of materials used is 10 tons and the actual price paid is Rs. 21 per kg. Actual output obtained is 9,00,000 units. Compute Material Variances. From the above particulars, compute : (i) Material Cost Variance (ii) Material Price Variance (iii) Material Usage Variance Answer: Computation of Material Variances Budgeted (100000) Standard (900000) Ton Rate Amount Ton Rate Amount 1 20 20 9 20 180 (i) Actual (900000) Ton Rate Amount 10 21 210 Material Cost V Q4. From the following prepare a summarized Balance Sheet of X Ltd. as on 31.03 2016. Quick Ratio 1.5 Current Ratio 2.5 Fixed Assets to Equity 0.75 Working Capital Rs. 1,20,000 Reserves and Surplus Rs. 60,000 Bank overdraft Rs. 20,000 From the above particulars, prepare the Balance Sheet as at 31.03.2016. Answer Q5 Explain the objectives of analysis of financial statements. What are the types of analysis? Objectives of analysis of financial statements Types of analysis Answer: Financial analysis is performed for the following reasons: Measuring the profitability – The main objective of a business is to earn profits by receiving satisfactory return on the investments. Financial analysis is performed to determine Q6. Rainbow Ltd. sold goods for Rs. 30,00,000 in a year. In that year the variable costs were Rs. 6,00,000 and fixed costs were Rs. 8,00,000. Find out: i) P/V Ratio ii) Break-even sales, and iii) Break-even Sales if Selling price was reduced by 10 % and Fixed costs were increased by Rs. 1,00,000. From the above data find : i) P/V Ratio ii) Break-even sales iii) Break-even Sales if Selling price was reduced by 10 % and Fixed costs were increased by Rs. 1,00,000 Answer: i) P/V ratio = (S-V)*100 S Where, S = Selling price And V = Get fully solved assignment. Buy online from website www.smuassignment.in online store or plz drop a mail with your sub code [email protected] we will revert you within 2-3 hour or immediate Charges rs 125/subject if urgent then call us on 08791490301, 08273413412