M.B.A. DEGREE EXAMINATION, NOVEMBER 2017
Airline and Airport Management
MANAGEMENT ACCOUNTING
(Upto 2015 batch)
Time 3 Hours Maximum 75 Marks
Part A (10 X 2 20)
Answer all questions.
1. What do you mean by management accounting?
2. Define financial accounting.
3. What is ratios?
4. What is budget?
5. How is production budget prepared?
6. What is financial statement analysis?
7. What is fund flow statement analysis?
8. Write note on cash from operations.
9. What is zero base budget?
10. What is marginal costing?
Sub. Code
15
CP-8370
2
Ws 4
Part B X 5 25)
Answer all questions.
11. Discuss the accounting principles.
Or
Discuss the merits of double entry system of book
keeping.
12. Distinguish between financial accounting Vs
management accounting.
Or
What are the various profitability ratio's?
13. Explain the merits of cash flow analysis.
Or
A plant purchased for Rs. 55,000 [Accumulated
depreciation Rs. 23,000] was sold for Rs. 44,000.
The gain on sale of plant was taken to profit and
loss account this increasing the net profit to
Rs. 1,62,000. You are required to calculate fund
from operations.
14. Discuss the merits of cost unit.
Or
Prepare a cost sheet to find out profit and cost per
unit from the following particulars.
Raw materials consumed Rs. 1,60,000
Direct wages Rs. 80,000
Factory overhead Rs. 16,000
CP-8370
3
Ws 4
Office overhead 10% of factory cost
Selling overhead Rs. 12,000
Units produced 4,000
Unit sold 3,600
Selling price per unit Rs. 100.
15. What are the various applications of break-even
analysis?
Or
Explain the significance of budgetary control.
Part C 10 30)
Answer all questions.
16. Discuss the functions of management accounting.
Or
What are the various methods of depreciation?
17. What are the factors determining working capital?
Or
From the following information find out
P/V ratio
Breakeven point
Profit
Margin of safety.
Total fixed cost Rs. 4,500
Total variable cost Rs. 7,500
Total sales Rs. 15,000
CP-8370
4
Ws 4
18. What are the difficulties faced in installing a costing
system? How are they overcome?
Or
From the following, prepare B/S.
Current ratio 1.75, Liquid ratio 1.25, stock
turnover ratio (Cost of sales/closing stock),
Gross profit ratio Dept collection period 1.5
months, Reserves and surplus to capital 0.2,
Turnover to fixed asset 1.2, capital gearing ratio
0.6, fixed asset to net worth 1.25, sales for the
year Rs. 12,00,000.
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