WE PROVIDE CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS
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Cost And Management
Accounting
- “Management
accounting is a mid-way between financial and cost accounting.” Elucidate.
- What is the major
revenue recognition criterion?
- What is a trading
account? What are its major constituents? What is its major outcome?
- The cash flow
statement is as useful to shareholders and lenders as to management.
Explain.
- (a) “All future
costs are relevant.” Do you agree? Why?
(b) “Fixed costs are
really variable. The more you produce the less they become.”
Do you agree? Explain.
- In connection with
inventory ordering and control, certain terms are basic. Explain the
meaning of each of the following:
- Economic
order quantity
- Re-order
point
- Lead
time
- Safety
stock
- What is meant by
under/over-absorption of factory overheads? How will you account for them
in cost accounts? Does it bear any impact while submitting quotations?
- A manufacturing
company operating a system of budgetary control finds that their
production capacity during the year varies between 75 per cent and 90 per
cent as against the budgeted capacity of 80 per cent for the year. It has
been suggested that a system budgets should be introduced to effectively
control costs. Outline the steps you would take to implement this
suggestion keeping in mind that the management would still require
periodic comparison with their overall budget during the year.
- “Transfer prices
must always be equal to externally determined market of comparative
products or services.” Comment fully.
- Suppose a firm is considering replacing
an old machine with a new one. The firm does not anticipate that any new
revenues will be created by the replacement since demand for the product
generation by both the machines is the same. However, in the CFAT work
sheet used in evaluating the proposal, the analyst shows positive CFBT in
the operating cash flow section. What creates operating CFBT in this
situation?
WE PROVIDE CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS
ARAVIND - 09901366442 –
09902787224
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