ASSIGNMENT

DRIVE SPRING- 2018

PROGRAM MCA
SEMESTER 3
SUBJECT CODE & NAME MCA311- FINANCIAL MANAGEMENT AND ACCOUNTING
BK ID B2121
NUMBER OF 2, 4 Credits, 30 marks each
ASSIGNMNETS,
CREDITS & MARKS

Note –The Assignment is divided into 2 sets. You have to answer all questions in both sets.
Average of both assignments score scored by you will be considered as your IA score. Kindly
note that answers for 10 marks questions should be approximately of 400 words. Each question
is followed by evaluation scheme.

Assignment Set -1 Total

Q.No Marks
Questions Marks
1 Explain the process involved in accounting. What are the 10 10
objectives of accounting?
2 Briefly explain the role of management accounting. Also 10 10
describe the functions of management accounting.
3 What is fund flow analysis? What are the objectives of 10 10
analysing flow of fund?

Assignment Set -2 Total

Q.No Marks
Questions Marks
1 What is cash flow statement and how is the cash flow 10 10

statement subdivided?

2 Prepare Cost Sheet. Based on the Following information 5*2 10

obtained from a manufacturing company:
Direct Material – 150000
Office Expenses – 120000
Factory Expenses – 90000
Total Sales – 650000
 Prime Cost – 450000
15% of the output is in stock

Calculate:

(a) Direct Expenses (b) Factory Cost (c) Cost of

Production(d) Cost of Sale (e)Profit
3 Elucidate Enterprise resource planning and accounting. 10 10