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University: IGNOU
Course: Master of Business Administration
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Q&A of MMPC-004 Solved Assignment 2023 - Accounting for Managers
Q. Explain the following accounting concepts
(a) Business Entity concept
(b) Money measurement concept
(c) Continuity concept
(d) Accrual concept
Answer.
Q. Explain the following
(a) Marginal Costing
(b) Activity Based Costing
Answer.....
Q. What is CVP analysis? Does it differ from break even analysis? How is break-even point calculated?
Answer. ......
Q. Explain in detail the various contents of an Annual Report.
Answer. ......
Q. From the following calculate cash from operations:
Profit and Loss Account for the year ended 31st March, 2022
Particulars Rs. 000 Particulars Rs. 000
To Salaries 5,000 By Gross profit 25,000
To Rent 1,000 By Profit on sale of land 5,000
To Depreciation 2,000 By Income-tax refund 3,000
To Loss on sale of plant 1,000
To Goodwill written off 4,000
To Proposed dividend 5,000
To Provision for tax 5,000
To Net profit 10,000
33,000 33,000
Answer. ......
Product Details: MMPC-004 Solved Assignment 2023 - Accounting for Managers
Course: IGNOU MBA (Master of Business Administration)
Session: Jan - June 2023 July - Dec
