Cost and Management Accounting

[Probable Short Questions for Semester]

UNIT-1
1. Cost
2. Costing
3. Cost Accounting
4. Management Accounting
5. Scope Of Management Accounting
6. Objectives Of Management Accounting
7. Functions Of Management Accounting
8. Limitations Of Management Accounting
9. Tools And Techniques of Management Accounting

UNIT-2
1. Classification of Cost [all types of cost]
2. Cost Centre
3. Cost Unit
4. Cost Sheet
5. Overhead
6. Allocation of Overhead
7. Absorption of Overhead
8. Labour Hour Rate
9. Machine Hour Rate

UNIT-3
1. Marginal Costing
2. Cost-Volume Profit Analysis
3. Contribution
4. Profit-Volume Ratio
5. Break-even Point

UNIT-4
1. Job Costing
2. Contract Costing
3. Process Costing

UNIT-5
1. Budget
2. Budgeting
3. Budgetary Control
4. Standard Costing
5. Standard Costing
6. Variance