B.com 3rd Year Imp Questions Management Accounting 2023

Today you will get the information about b.com 3rd year important questions management accounting for 2023. 

Do you know the Role of management accounting?

A management accountant works in the preparation of financial reports for a business. 

A senior management team provides insight into business performance.

These questions are the collection for the upcoming examination of the new session. 

You can practice these questions to enhance your knowledge of this subject. 

The best way to make sure that the answer is well-written and easy to understand. 

These questions have already been asked in the past examination paper but still, have the existence for the next examinations. 

Before starting to write the answer, read your university syllabus first. 

If these questions do not match with them then treat it b.com 3rd year management accounting model question paper.

This question set is very informative and helpful to you for management accounting b.com 3rd year notes preparation. 

Management accounting BCom final year is the last stage of the completion of the study.

After that, you are ready to think about your career. 

This is a very good subject from a career perspective. 

A good knowledge of management accounting uses will be helpful to provide a lucrative job offer. 

B.com 3rd Year Management Accounting Question Paper

Management Accounting Question Paper For Bcom

  • What is the nature of Management Accounting?
  • What do you mean by Financial Statements?
  • Explain the concept of Marginal Cost.
  • What is B.E.P?
  • What are funds flow statements?
  • What is called cash from the operation?
  • Define Zero-base budgeting.
  • What is a responsibility center?
  • How are right shares valued? Explain briefly.
  • Explain the nature of goodwill.
  • Discuss the scope and functions of Management Accounting.
  • What is the net operating profit ratio and how to calculate it?
  • What do you understand by the cost-volume-profit relationship? Why is its relationship important in business management?
  • In two periods total costs amount to Rs. 40000 and 50000 against the production of 15000 units and 20000 units respectively. How much is the marginal cost per unit and how much is the fixed cost?
  • What is meant by Budgetary Control? Discuss its merits and limitations.
  • What do you mean by performance budgeting? Explain its importance.
  • What are the various methods of valuation of shares? Explain.
  • What is meant by 'Analysis of Financial Statement'? Discuss its objects and limitations.
  • What is the role of marginal costing in the decision of 'Make or Buy'? Discuss the other factors also which affect this decision.
  • Define standard costing and discuss its objects, advantages, and limitations.
  • What are Sundry Assets? 
  • Define management accounting. How does it differ from financial accounting?
  • What do you mean by Cash flow Statement? How is it prepared? Give example.
  • What is ratio analysis? What are its advantages? Throw light on the limitations of ratio analysis.
  • Write a note on any Two of the following - (a) Break-even point (b) Proprietors’ Fund (c) Fund flow statement
  • Write short notes on the following:- (a) Gross Profit Ratio (b) Net Profit Ratio (c) Operation Ratio (d) Stock Turnover Ratio
  • Write short notes on the following:- (i) Liquidity Ratio (ii) Solvency Ratio (iii) Debt Equity Ratio
  • Explain the characteristics of management accounting and throw light on its utility and importance.
  • What is the break-even point? Explain the assumptions and limitations of break-even analysis. 
  • Distinguish between management accounting and financial accounting.
  • Discuss the importance of the financial statements. 
  • What is a common-size statement?
  • Explain the current ratio and liquid ratio with examples.
  • Write down the limitations of marginal costing.
  • What do you mean by break-even point and margin of safety?
  • What is a comparative financial statement?
  • Write short notes on the following:- (a) Types of Reports (b) Role of Management Accounting
  • Discuss some of the important applications of marginal costing for managerial decisions. 
  • What do you understand by the term 'Reporting To Management'? Discuss briefly the matters that you would deal with while reporting to the Board of Directors.

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