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Assignment - DMBA110 - MBA 1 - Set 1 and 2 - Jul-Aug - 2024

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28 views4 pages

Assignment - DMBA110 - MBA 1 - Set 1 and 2 - Jul-Aug - 2024

Uploaded by

xyz60340
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Centre for Distance and Online Education

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or highlighted text content.
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be done on or before the cut-off date. ONLY the latest uploaded file
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Centre for Distance and Online Education
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Centre for Distance and Online Education

ASSIGNMENT

SESSION JUL - AUG 2024


PROGRAM MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER I
COURSE CODE & NAME FINANCIAL AND MANAGEMENT ACCOUNTING –
DMBA110
CREDITS 04
NUMBER OF ASSIGNMENTS & 02
MARKS 30 MARKS EACH

Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately 400 - 450 words. Each question is followed by an evaluation scheme.

Q.N Assignment Set – 1 Marks Total


o Questions Marks
1. Explain the meaning and scope of Accounting. 2+3+5 10
Along with that, discuss any five Accounting
concepts.
2. Write a short note on the following 2.5+ 10
A) Ledger 2.5+
B) Purchase Book 2.5+
C) Sales Book 2.5
D) Trial Blanace
3. Discuss the nature of Management Accounting 3+4+ 10
along with its Functions and Objectives. 3

Q.N Assignment Set – 2 Marks Total


o Questions Marks
4. Elaborate the Attributes of Financial Statements. 3+3+ 10
Discuss the Funds Flow Statement and 4
differentiate between Fund Flow Statement and
Balance Sheet.
5. Describe the various sources of Cash. Explain the 5+5 10
three Elements of Cost.
6. a. Explain in detail the Advantages and 4+6 10
Limitations of Standard Costing.
b. ABC Ltd. is preparing its cash budget for the
first quarter of 2024. Below are the expected
cash inflows and outflows:
 Opening Cash Balance (January 1, 2024): Rs.
10,000
 Sales Revenue (cash collected in the month

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Centre for Distance and Online Education
of sale):
o January: Rs. 50,000
o February: Rs. 60,000
o March: Rs. 55,000
 Purchases (paid in the month following
purchase):
o December 2023: Rs. 20,000
o January: Rs. 30,000
o February: Rs. 25,000
o March: Rs. 35,000
 Wages and Salaries:
o January: Rs. 8,000
o February: Rs. 10,000
o March: Rs. 9,000
 Overhead Expenses (paid in the same
month):
o January: Rs. 5,000
o February: Rs. 6,000
o March: Rs. 5,500
 Other Cash Payments:
o Equipment purchase in March: Rs.
15,000
The company aims to maintain a minimum cash
balance of Rs. 5,000 at the end of each month. If
the cash balance falls below this amount, the
company will borrow the needed funds at the end
of the month.
Prepare a cash budget for each month from
January to March.

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