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    MCO-05 IGNOU Exam Paper

    Uploaded by

    Rajan Pandey
    This document contains 9 questions for a Master of Commerce term-end examination. The questions cover various accounting concepts like types of accounting concepts, classification of costs, ratio analysis, budgetary control, performance budgeting, working capital analysis, and activity-based costing. Students must attempt any 5 questions out of the 9, with each question carrying equal marks of 20 marks. The questions involve calculations, explanations of concepts, and analytical discussions.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    MCO-05 IGNOU Exam Paper

    Uploaded by

    Rajan Pandey
    105 views8 pages
    This document contains 9 questions for a Master of Commerce term-end examination. The questions cover various accounting concepts like types of accounting concepts, classification of costs, ratio analysis, budgetary control, performance budgeting, working capital analysis, and activity-based costing. Students must attempt any 5 questions out of the 9, with each question carrying equal marks of 20 marks. The questions involve calculations, explanations of concepts, and analytical discussions.

    Original Description:

    IGNOU M.Com final year paper

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    This document contains 9 questions for a Master of Commerce term-end examination. The questions cover various accounting concepts like types of accounting concepts, classification of costs, ratio analysis, budgetary control, performance budgeting, working capital analysis, and activity-based costing. Students must attempt any 5 questions out of the 9, with each question carrying equal marks of 20 marks. The questions involve calculations, explanations of concepts, and analytical discussions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    105 views8 pages

    MCO-05 IGNOU Exam Paper

    Uploaded by

    Rajan Pandey
    This document contains 9 questions for a Master of Commerce term-end examination. The questions cover various accounting concepts like types of accounting concepts, classification of costs, ratio analysis, budgetary control, performance budgeting, working capital analysis, and activity-based costing. Students must attempt any 5 questions out of the 9, with each question carrying equal marks of 20 marks. The questions involve calculations, explanations of concepts, and analytical discussions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    No.

    of Printed Pages : 8 MCO-005

    MASTER OF COMMERCE
    Term-End Examination
    February, 2021

    MCO-005 : ACCOUNTING FOR MANAGERIAL


    DECISIONS

    Time : 3 hours Maximum Marks : 100


    (Weightage : 70%)

    Note : Attempt any five questions. All questions carry


    equal marks.

    1. Explain different types of Accounting concepts


    which guide the accountant at the recording
    stage. 20

    2. Explain the nature of cost. Classify the costs


    according to areas of responsibility. 10+10=20

    3. Describe the principal ratios which you consider


    significant while interpreting the published
    accounts of company and explain the inferences
    which may be drawn from their use. 20
    MCO-005 1 P.T.O.
    4. Explain the concept of Budgetary Control. How
    does it operate as a tool of management
    control ? 8+12=20

    5. (a) What is Performance Budgeting ? Explain


    its objectives by giving suitable examples. 10

    (b) M.N. Ltd. wishes to prepare a production


    budget in respect of three products A, B and
    C, the sales forecast for which is 83,200 units,
    72,840 units and 88,400 units respectively.
    The estimated requirement of inventory both
    at the beginning and at the end of the budget
    period are shown in the following schedule :

    Inventory Schedule

    Products

    A B C

    1-1-2017 (units) 16,000 12,000 20,000

    31-12-2017 (units) 20,800 11,160 27,600

    You are required to draw up the Production


    Budget. 10
    MCO-005 2
    6. From the following Balance Sheet of P.Q. Ltd.
    you are required to prepare a Schedule of
    Changes in Working Capital and a Statement of
    Flow of Funds : 10+10=20
    31-12-2016 31-12-2017
    < <
    Building 50,000 50,000
    Plant & Machinery 24,000 34,000
    Stock 9,000 7,000
    Debtors 16,500 19,500
    Cash at Bank 4,000 9,000
    1,03,500 1,19,500
    Capital 80,000 85,000
    Profit & Loss Account 14,500 24,500
    Creditors 9,000 5,000
    Mortgage – 5,000
    1,03,500 1,19,500

    7. Standard cost of product is :


    Time : 6 hours per unit
    Rate : < 4 per hour
    Actual cost :
    Production 1,500 units
    Hours taken 7,600
    Idle time (Hours) 400
    Total Hours 8,000

    Total Labour Cost amounted to < 40,000.


    Calculate Labour Variance. 20
    MCO-005 3 P.T.O.
    8. ‘‘The effect of increase in sales price is to
    increase the P/V ratio to bring down the
    break-even point and to widen the margin of
    safety.’’ Discuss. 20

    9. What do you understand by activity-based


    costing ? How does activity-based costing differ
    from traditional costing approach ? 10+10=20

    MCO-005 4
    E_.gr.Amo.-005

    dm{UÁ` _| ñZmVH$moÎma Cnm{Y


    gÌm§V narjm
    \$adar, 2021

    E_.gr.Amo.-005 : à~§YH$s` {ZU©`m| Ho$ {bE boIm§H$Z

    g_` : 3 KÊQ>o A{YH$V_ A§H$ : 100


    (Hw$b H$m : 70%)
    ZmoQ> : {H$Ýht nm±M àíZm| Ho$ CÎma Xr{OE & g^r àíZm| Ho$ A§H$ g_mZ
    h¢ &

    1. CZ boIm§H$Z g§H$ënZmAm| Ho$ {d{^Þ àH$mam| H$s ì`m»`m


    H$s{OE Omo A{^boIZ AdñWm _| boImH$mam| H$m _mJ©Xe©Z
    H$aVr h¢ & 20

    2. bmJV H$s àH¥${V H$s ì`m»`m H$s{OE & Xm{`Ëd Ho$ÝÐm|


    (joÌm|) Ho$ AmYma na bmJVm| H$m dJuH$aU H$s{OE & 10+10=20

    3. àH$m{eV ImVm| H$s ì`m»`m H$aVo g_` CZ _w»` AZwnmVm|


    H$m dU©Z H$s{OE {OÝh| Amn _hÎdnyU© g_PVo hm| Am¡a CZ
    {ZîH$fm] H$s ì`m»`m H$s{OE, Omo CZHo$ AmYma na {ZH$mbo
    Om gH$Vo hm| & 20

    MCO-005 5 P.T.O.
    4. ~OQ>ar {Z`§ÌU H$s AdYmaUm H$s ì`m»`m H$s{OE & `h
    {H$g àH$ma à~ÝYH$s` {Z`§ÌU Ho$ CnH$aU Ho$ ê$n _| H$m`©
    H$aVm h¡ ? 8+12=20

    5. (H$) {ZînmXZ ~OqQ>J Š`m h¡ ? BgHo$ CÔoí`m| H$s C{MV


    CXmhaUm| H$s ghm`Vm go ì`m»`m H$s{OE & 10

    (I) E_.EZ. {b{_Q>oS> VrZ CËnmXm| A, B VWm C, {OZH$s


    {~H«$s nydm©Zw_mZ H«$_e: 83,200 BH$mB©, 72,840 BH$mB©
    VWm 88,400 BH$mB© h¡, Ho$ gå~ÝY _| CËnmXZ ~OQ>
    ~ZmZm MmhVr h¡ & ~OQ> Ad{Y Ho$ Amaå^ d AÝV _|
    ñH$ÝY (_mbgyMr) H$s AZw_m{ZV Amdí`H$VmE± {ZåZ
    AZwgyMr _| Xem©`r JB© h¢ :

    ñH$ÝY (_mb) AZwgyMr


    CËnmX
    A B C

    1-1-2017 (BH$mB©) 16,000 12,000 20,000

    31-12-2017 (BH$mB©) 20,800 11,160 27,600

    AmnH$mo CËnmXZ ~OQ> V¡`ma H$aZm h¡ & 10


    MCO-005 6
    6. nr.Š`y. {b{_Q>oS> Ho$ {ZåZ{b{IV VwbZ-nÌ go H$m`©erb ny±Or
    _| n[adV©Z H$s AZwgyMr VWm H$mof àdmh {ddaU V¡`ma
    H$s{OE : 10+10=20
    31-12-2016 31-12-2017
    < <
    ^dZ 50,000 50,000
    g§`§Ì d _erZar 24,000 34,000
    ah{V`m (ñQ>m°H$) 9,000 7,000
    XoZXma 16,500 19,500
    ~¢H$ _| amoH$‹S> 4,000 9,000
    1,03,500 1,19,500
    ny±Or 80,000 85,000
    bm^-hm{Z ImVm 14,500 24,500
    boZXma 9,000 5,000
    ~ÝYH$ – 5,000
    1,03,500 1,19,500

    7. EH$ CËnmX H$s _mZH$ (à_mn) bmJV {ZåZdV h¡ :


    g_` : 6 KÊQ>o à{V BH$mB©
    Xa : < 4 à{V KÊQ>m
    dmñV{dH$ bmJV :
    CËnmXZ 1,500 BH$mB`m±
    à`wº$ KÊQ>o 7,600
    ì`W© g_` (KÊQ>o) 400
    Hw$b KÊQ>o 8,000

    Hw$b l_ bmJV < 40,000 Wm &


    l_ àgaU H$s JUZm H$s{OE & 20

    MCO-005 7 P.T.O.
    8. ‘‘{dH«$` _yë` _| VWm \$bñdê$n bmJV-_mÌm AZwnmV _|
    d¥{Õ go g_-{dÀN>oX {~ÝXþ _| H$_r Am¡a gwajm-gr_m _|
    {dñVma hmoVm h¡ &’’ {ddoMZ H$s{OE & 20

    9. {H«$`m-AmYm[aV bmJV-{ZYm©aU go Amn Š`m g_PVo h¢ ?


    {H«$`m-AmYm[aV bmJV-{ZYm©aU, naånamJV bmJV-{ZYm©aU
    CnmJ_ go {H$g àH$ma {^Þ h¡ ? 10+10=20

    MCO-005 8

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