Assignment Assessment Report Campus: Level: Module Name: Students Name: e-mail id & Mob No Stream Year/semester Assignment

Type Assessors Name Reqd Submission Date Actual Submission Date Submitted to :

PCL - II - FIN CMBC

BUSINESS

Certificate by the Student: Plagiarism is a serious College offence. I certify that this is my own work. I have referenced all relevant materials. (Students Name/Signatures) Expected Outcomes General Parameters Clarity Analytical Thinking Research and innovative approach Formatting & PresentationSubject Specific Parameters 1. Clarity 2. Analytical Skills Clear understanding of the concept Ability to analyze the problem realistically and take required actions Research carried out to reach the outcome and innovative methods used Concise & clear thinking along with presentation Mathematical Aptitude Cost Accounting Logic Assessment Criteria Grade based on D,M,P,R system Feedbac k

Grades P M D

Grade Descriptors A Pass grade is achieved by meeting all the requirements defined. Identify & apply strategies/techniques to find appropriate solutions Demonstrate convergent, lateral and creative thinking.

Achieved Yes/No (Y / N)

Assignment Grading Summary (To be filled by the Assessor) OVERALL ASSESSMENT GRADE: TUTORS COMMENTS ON ASSIGNMENT: SUGGESTED MAKE UP PLAN (applicable in case student is asked to re-do the assignment) REVISED ASSESSMENT GRADE TUTORS COMMENT ON REVISED WORK (IF ANY) Date: Assessors Name / Signatures:

Section A

1.

Pick five IT companies and five Banking companies. Download/ get access to their Balance sheets and Profit and Loss sheets for past 5 years and calculate different applicable variances. Also, calculate the profit variance of these companies over a period of five years. State the possible reasons of the occurrence of these variances. State the difference in the variances between the companies in IT and Banking Industries and identify the reasons behind it. Recommend solutions to minimize the variances

2.

Choose two companies each from Hospitability and Retail Industry. Analyze their stock cost control techniques and cost management techniques. Differentiate between them. Identify the reasons of using these specific techniques. Also, do a cost-benefit analysis of applying these techniques. Recommend possible improvement solutions.

3.

Identify five companies who have implemented Cost Accounting Systems. Analyze the applications, cost incurred and benefits accrued from the Cost Accounting System. Identify the real-time challenges that companies face while implementing these Cost Accounting Systems. Recommend solutions.

4.

Based on the financial statements of companies, design and develop the MIS for different departments. You can make suitable assumptions. Do it for an IT and Retail Company.