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MC1001 ACCOUNTING FOR MANAGERIAL DECISIONS (Code: MC1001)

MC1001 ACCOUNTING FOR MANAGERIAL DECISIONS
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MC1001 ACCOUNTING FOR MANAGERIAL DECISIONS MC1001 ACCOUNTING FOR MANAGERIAL DECISIONS
 

MC1001 SOLVED PAPERS AND GUESS 

 

Product Details:          IGNOU MC1001 SOLVED PAPERS AND GUESS

Format:                        BOOK

Pub. Date:                    NEW EDITION APPLICABLE FOR Current EXAM

Publisher:                   MEHTA SOLUTIONS

Edition Description2017

 

RATING OF BOOK:      EXCELLENT



ABOUT THE BOOK

FROM THE PUBLISHER

  If you find yourself getting fed up and frustrated with other Rohtak university book solutions now mehta solutions brings top solutions for Rohtak university. this MC1001 book contains previous year important solved papers plus faculty important questions and answers specially for Rohtak university .questions and answers are specially design specially for Rohtak university students .

 

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Examiner will be required to set NINE questions in all. Question No.  1 will be compulsory which consists of 10 short-answer type questions each of 2 marks covering the entire syllabus. In addition to Q.No. 1, candidate will be required to attempt four questions from the remaining eight questions each carrying 20 marks.

 Unit  I:  Management  Accounting-An  Introduction:  Definition;  place,  Financial  Accounting  vs  Cost  Accounting  vs. Management Accounting; Functions, Techniques, Principles; Scope; Utility: Limitations; Essentials for Success. Budgetary Control;  Managerial  Control  Process;  Benefits;  Limitations;  Installation  of  the  System;  Classification  of  the  Budgets; Preparation of different types of Budgets. Standard Costing and Variance Analysis : Types of Standards, Standard Costing and Estimated Costing; Advantages; Limitations; Setting of Standards; Analysis of different types of material, labour and overhead variances.

 

Unit-II:  Marginal  Costing  and  Break-even  Analysis:  Marginal  Cost;  Marginal  Costing  and  Differential  Costing, Marginal Costing and Absorption Costing; Contribution Analysis; Cost-Volume-Profit Analysis; Different types of Breakeven Points and Charts; Advantages and limitations of BE Charts, and Marginal Costing. Decisions Involving Alternate Choices: Cost Concepts Associated with Decision-making; Evaluation Process; Specific Management Decisions-Make of buy; Expand or buy; Expand or Contract; Change vs. Status Quo: Retain or Replace; Explaining New Markets: Optimum Product Mix; Adding and Dropping a Product.

 

Unit-III:  Capital  Budgeting  and  Lease  Financing:  Capital  Budgeting-Concept;  nature,  need,  importance,  Managerial Uses;  Components,  Terminology  used  in  Evaluating;  Capital  Expenditures;  Appraisal  Methods-Pay  Back  Period;  its variants. Accounting rate of return; Discounted Cash Flow Methods—NPV, IRR, Profitability Index—their Conflicts and Resolution; Capital Rationing; Risk Analysis and its models.Lease Financing—Lease or buy decision; Evaluation of Lease methods; Financial Statements : Analysis and interpretation, Forms  and  nature  of  financial  statements;  Uses  and  Limitations;  types  and  tools  of  analysis;  Comparative  Financial Statements: common-Size statements: Trend Percentages.

 

Unit-IV: Accounting Ratio: Profitability ratios; Turnover Ratios; Solvency Ratios; Analysis of Capital Structure; Ratios as Predictors of insolvency; Significance Funds Flow Statement—Concepts; Uses; Preparation.Unit-V: Cash Flow Statement:  Objectives; Sources and Application; Preparation of Statement as per Indian Accounting Standard 3. Responsibilities Accounting—Principles; Definition; Types of Responsibility Centres; Pre-requisites; Utility; Problems. Reporting to Management—Steps for Effective Reporting; Requisites of Ideal Report;Types of Reports, Uses.

 

Old price: 400.00 Rs
Price: 350.00 Rs
Weight: 0.5 Kg
Pages Pages: 140
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