Thursday, July 28, 2016

NOU BBA Cost and Management Accounting 2015 Question Paper

Nalanda Open University
Annual Examination - 2015
Bachelor in Business Administration (BBA), Part-III
Paper-XVI (Cost & Management Accounting)
Time: 3.00 Hrs. Full Marks: 80
Answer any Five questions. Selecting at least Two questions from each group.
All questions carry equal marks.

Group 'A'
1. Throw light on the advantage and importance of cost accounting.
2. What is contract costing? For which enterprises it is appropriate? Give an illustration of contract account.
3. Mention the causes of difference between the profits shown by cost account and financial account. How would you reconcile the difference in profits through reconciliation statement? Give example.
4. Describe various methods of valuation of material issued from store.
5. Write notes on any Two of the following :
 (a) (Cost of Goods Sold)
 (b) (Determination of Profit on Incomplete Contract)
 (c) (Prime Cost)
Group 'B'
6. Explain the nature and scope of managerial accounting.
7. Differentiate managerial accounting from financial accounting.
8. What is Working Capital? What can be the causes of change in it? Give an example of the statement of changes in working capital.
9. What do you mean by financial statements? Explain their objectives and limitations.
10. Calculate any Four ratios from the following with the help of imaginary figures
 (a) (Current Ratio)
 (b) (Earning Per Share)
 (c) (Return on Capital Employed)
 (d)  (Net Profit Ratio)
 (e) (Stock Turnover Ratio)
 (f)  (Solvency Ratio)
 (g) (Debt-equity Ratio) 
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