Honors 3rd Year Exam 2023 Held 2025
Department: Accounting
Subject: Management Accounting (In English): 232507
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B-Part

  1. What are the techniques of management accounting? Or, Discuss the various techniques of management accounting, 100%
  2. Describe the various type of cost according to cost behaviour. 100%
  3. Show the difference between product cost and period cost. 100%
  4. Show the differences between variable costing and absorption costing. 100%
  5. Discuss the advantages of standard cost? What are the potential problems with the use of standard costs? 100%
  6. Discuss the importance of ethics in management accounting. 100%
  7. Discuss the components of a master budget. 100%
  8. Show the differences between financial accounting and management accounting. 100%
  9. Discuss the objectives of management accounting. 99%
  10. Define management by exception. (MBE), 99%
  11. “All future costs are relevant”-Do you agree? Why? 99%
  12. Show the difference between fixed and variable cost. 99%
  13. What are the procedures of different decision making by using incremental cost analysis. 99%
  14. Why variance analysis is required? 99%
  15. Difference between Traditional Costing and activity based costing. 99%

C-Part

  1. (a) Discuss the functions of management accounting 100%
    (b) Show the differences between management accounting and cost accounting. 100%
    2.(a) What is the difference between Flexible Budget and fixed Budget? 100%
    (b) What is the difference between Flexible Budget and fixed Budget? 100%
  2. (a) Describe the importance of cash budget. 100%
    (b) Distinguish between cash budget and cash flow statement. 100%
  3. (a) What is opportunity cost? 100% estionb
    (b) “All relevent costs are futurs costs but all future costs are not relevent cost.” Do you agree and why? 100%
  4. (8) Discuss the importance of ethics in business. 100%
    (b) Discuss the limitations of management accounting. 100%
  5. (a) Describe the role of management accounting in the decision making process in a business organization. 100%
    b) Discuss the career opportunities in management accounting. 100%
  6. (a) What is meant by product life-cycle management? State the stage of product life-cycle, 100%
    (b) Define valuq chain. Name the six primary business functions that make up the value chain. 100%
  7. (a) State the underlying assumptions of CPV analysis. 100%
    (b) What are the assumptions of cost volume profit analysis? 100%
  8. (a) Discuss the advantages of capital budgeting. 99%
    (b) Distinguish between zero based budget and traditional budget. 99%
    10.(a) Distinguish between budget and standard. 99%
    (b) Define sales budget, Describe the factors considered in preparing sales budget. 99%
  9. (a) What is the meaning of budget and budgetary control? 99%
    (b) What are the differences between budget and budgetary control? 99%
    12.(a) What is standard cost? 99%
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