This document lists important questions about management accounting. It separates questions into three categories: two mark questions, five mark questions, and ten mark questions. The two mark questions list short-answer accounting terms. The five mark questions require explanations of accounting concepts and differences. The ten mark questions require in-depth discussions of management accounting principles, techniques, and applications.
This document lists important questions about management accounting. It separates questions into three categories: two mark questions, five mark questions, and ten mark questions. The two mark questions list short-answer accounting terms. The five mark questions require explanations of accounting concepts and differences. The ten mark questions require in-depth discussions of management accounting principles, techniques, and applications.
This document lists important questions about management accounting. It separates questions into three categories: two mark questions, five mark questions, and ten mark questions. The two mark questions list short-answer accounting terms. The five mark questions require explanations of accounting concepts and differences. The ten mark questions require in-depth discussions of management accounting principles, techniques, and applications.
2. Limiting Factor. 3. Angle of Incidence. 4. Margin of Safety. 5. Responsibility Centre. 6. Standard Cost. 7. Material Mix Variance. 8. Labour Efficiency Variance. 9. Assumptions of Marginal Costing. 10. Master Budget. Five Marks Questions
1. Difference between Financial Accounting and
Management Accounting. 2. Difference between Cost Accounting & Management Accounting 3. Budgetary Control-Advantages. 4. Difference between Marginal Costing and Absorption Costing. 5. Difference between Standard Costing and Budgetary Control. 6. Break Even Chart 7. Flexible Budget 8. Advantages of Cash Budget Ten Marks Questions
1. Meaning of Management Accounting-Advantages-
Limitations-Scope. 2. Applications of Marginal Costing Techniques. 3. Advantages of Responsibility Accounting. Types of Responsibility Centres.