Section outline

  • General

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    • Announcements Forum
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      Live session Link

        Meeting 1

      https://www.loom.com/share/92f7e9a6a688456eb70a5c80d8e4ce0c

    • lesson-introduction to Management Accounting URL
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      Go through the materials for better understanding
    • Accounting for Management- File
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    • Students must
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      Course Syllabus

      Module I

      Management Accounting Nature and Scope Difference between Cost Accounting, Financial Accounting and Management accounting Recent Trends in Management Accounting. (10 Hours)


    • Students must
      Mark as done

      Group restrictions

      Intended Audience     

      Learners who can enroll in the course from credit transfer point of view.

       

      -        UG students who pursue their degree in commerce and management.

      -        computer science students, who have Finance as their complementary course.

      -        M.Com or MBA students.

      -        young budding managers in Management Accounting to strengthen their theoretical knowledge.

    • E-Text File
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    • E-Text for theory File
      Students must
      Mark as done
    • Videos and Images Folder
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      Mark as done

      Meeting I - Watch Video

      https://www.loom.com/share/92f7e9a6a688456eb70a5c80d8e4ce0c

       Management Accounting 1 - Watch Video

      https://www.loom.com/share/6e29341066014b7db69971a5aa28013e

      Management Accounting 2 - Watch Video

       https://www.loom.com/share/f9f0f23baec649bea69be39875ce2fda


    • Students must
      Mark as done

      Field Visit

      Visit nearest industrial unit and Make a Report on the Functions of management Accountant


    • Assignment 1
      Students must
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      1-Discuss scope,nature and limitations of Management Accounting

      HINTS: Scope of Managerial Accounting | Accounting Education

      2-What are the recent trends in Management Accounting?

      SOME HINTS ARE PROVIDED TO BE INCLUDED :


    • Books-Management Accounting
      Students must
      Mark as done

      Additional Readings:
      1.    Dr S N Maheswari: Management Accounting
      2.    J Batty: Management Accounting
      3.    Shashi k Gupta R K Sharma: Management Accounting
      4.    M.Y. Khan &P.K. Jain: Management Accounting 

    • Questions for the Practicing Purpose Quiz
      Students must
      Mark as done

      Self assessment questions https://docs.google.com/document/d/1pzAlQdeNCzsfZ9A-CSHJRwjMsu1VernEOzX2Pe7ZBek/edit?usp=sharing-go through the following link




      Question Bank

      Self-assessments  containing 10 MCQs  with answer key

      1.The term  management accounting was used in(a)1950 (b)1939(c)1910(d)1947

      Ans:1950

      2.Management Accounting is also known as

      (a)price level accounting (b)historical cost accounting (c)decision accounting (d)none of these

      Ans:Decision Accounting

      3.Managemnt accounting is an offshoot of

      (a)financial accounting (b)cost accounting (c)cost accounting and inflation accounting (d)both a and b

      Ans:Both a and B

      4.Which of the following is not a technique of management accounting

      (a)budgetary control (b)standard costing (c)marginal costing (d)process costing

      Ans:process costing

      5.Managemnt accounting relates to

      (a)recording of accounting data (b) recording of costing data (c)presentation of accounting data (d)none of these

      Ans:presentation of accounting data

      6.The use of management accounting is

      (a) compulsory (b)optional (c)obligatory (d) none of these

      Ans: optional

      7.Managemnt accounting is an extension of

      (a)cost accounting (b) financial accounting (c)Tax accounting (d) forensic accounting

      Ans:Financial accounting

      8.Managemnt accounting helpful in increasing

      (a)efficiency (b) profitability(c)solvency(d)liquidity

      Ans:efficiency

      9.only ……………..information is recorded in accounting

      (a)qualitative (b)quantitative (c)both a and b (d) none of these

      Ans:quantitative

      10.Management accounting information is used by

      (a)share holders (b)creditors(c)management(d)Government agencies

      Ans:Management



    • self assessment Quiz
      Students must
      Mark as done

      https://docs.google.com/document/d/1pzAlQdeNCzsfZ9A-CSHJRwjMsu1VernEOzX2Pe7ZBek/edit?usp=sharing

  • DR.Balakrishnan.P

    MHRD-Teaching and Learning Center,

    University of Calicut

    One week short run course on E-Content Development and Course Design

    (from 08.09.2020 to 14.09.2020)

    Course Design Template

     

    SUBJECT

     

    COMMERCE AND MANAGEMENT

    Course Title

    ACCOUNTING FOR MANAGEMENT

    Course Code

    BBVB07

     

    University

     

    University of Calicut

    Credits

    ONE

    Duration

    10 HOURS

    Assessment

    CE                                      TE     

     

    Course Development Team

     

     

     

    About Course Development Team

    Prepare a brief profile about your team.

     

    NAME OF INSTRUCTORS:

    Dr. BALAKRISHNAN.P

    Dr.V.JAYASUDHA DEVI
    Dr. S. SHANTHI
    Dr. SATHEESH BABU. A

    NOUSHAD .K.K

     

     

     

     

     

     

     

     

    Course Collaborators

    1.      DR. BALAKRISHNAN-Assistant Professor of Commerce, St. Marys College Sulthan Bathery

    2.      DR.V.JAISUDHADEVI- Assistant Professor of Commerce,SRI Parasakthi College for Women, Courtallam

    3.      DR. S. SHANTHI- Assistant Professor of Commerce, Ambai Arts College Ambasamudram Tirunelveli District Tamilnadu

    4.      DR. SATHEESH BABU. A- Assistant Professor of Commerce, Government Arts College, Trivandrum

    5.      NOUSHAD .K.K- Assistant Professor of Commerce, Malabar College of Advanced Studies, Vengara

     

     

     

     

     

     

     

     

     

     

     

     

    SUPPORT & QUERIES

    Email id:

    balupanp@gmail.com

    jaisudhadevi81@gmail.com

    shanthiiravi@gmail.com

    satheeshbat@gmail.com

    chirayildcms@gmail.com

     

     

     

     

     

     

     

     

     

     

     

     

    No of Credits

    TIME: 5 Hours per week Credits: 4

    The Module 1 of the BBVB07 requires 5 hours of engaged students learning per week for 2 weeks. BBVB07 accomplishes this total 10 hours of engaged students learning in the following manner: Clock Hours-e- TEACHING- 4 hours, review session: 1 hour,  film video outside the class 1 hour, Question preparation 1 hour , reading for students: 2 hour ( Assumes students read 20 pages per hour) and Internal Exam 1 hour

     

     

     

     

     

     

     

     

     

    About the Course (text for the website)

    The salient features of Management Accounting:

    https://docs.google.com/document/d/1q-SKu6IlvcPO_ktkMdNINFdXTwxJNVS-eS1677qos3I/edit?usp=sharing

    Management Accounting provides a penetrating and comprehensive analysis of the concepts, theories and techniques in a simple and lucid style.  Management accounting, besides providing data for published financial statements for external use and is an important source of financial information for internal decision-making.  Management accounting is a subject which is performing their managerial functions of planning and controlling.

    The course introduces students to contemporary management accounting concepts and techniques. The role of accountants in internal decision-making; tools used to design and develop costing systems; preparation of budgets and their role as a planning and control tool; other decision-making tools including CVP analysis, pricing decisions, inventory issues and costs of quality; fraud. It enables the students to understand the concept and relevance of management accounting.  Management accounting provides the students and understanding about the use of accounting and costing data for planning control and decision making.

     

     

     

    Introductory Video (About course)

     

    Meeting 1

     

    Meeting I - Watch Video

     

    https://www.loom.com/share/92f7e9a6a688456eb70a5c80d8e4ce0c

     

     

    Management Accounting 1 - Watch Video

     

    https://www.loom.com/share/6e29341066014b7db69971a5aa28013e

     

     

    Management Accounting 2 - Watch Video

     

     

    https://www.loom.com/share/f9f0f23baec649bea69be39875ce2fda

     

     

     

     

     

    Intended Audience     

    Learners who can enroll in the course from credit transfer point of view.

     

    -        UG students who pursue their degree in commerce and management.

    -        computer science students, who have Finance as their complementary course.

    -        M.Com or MBA students.

    -        young budding managers in Management Accounting to strengthen their theoretical knowledge.

     

     

     

    Pre-Requisites

    For pursuing this course, students are required to be familiar with the following concepts:

    ●       Basic knowledge of Financial Accounting

    ●      Basic Knowledge of Management discipline.

    ●      Some ideas of Cost Accounting.

     

     

    Syllabus  - Theory

     

     

    Module I

    Management Accounting Nature and Scope Difference between Cost Accounting, Financial Accounting and Management accounting Recent Trends in Management Accounting. (10 Hours)

    https://docs.google.com/document/d/19_k3ghJHgET2VitvlopL6FhhX5o-iG_GJ5kS5c99_bk/edit?usp=sharing

     

     

     

    Expected Learning Outcomes

     

    After completing the MOOC course , you shall be able to

    ●      Understand Meaning and Definitions of Management Accounting.

    ●      Comprehend the nature, scope, objectives and functions of management Accounting.

    ●      Learn the Tools and Techniques of management accounting system.

    ●      Learn the installation procedures of Management Accounting in an organization.

    ●      Able to understand advantages, merits, use and disadvantages of Management Accounting.

    ●      Able to understand the recent trends in management accounting.

     

    Course Plan- Topic wise

     

    https://docs.google.com/document/d/1lW-bkPiL0bHL6WJ2BrVhkm3KgJpDUYDEjGKV5qACACY/edit?usp=sharing

     

    SL.NO

    DATE

    TOPIC

    ASSESSMENT

    1

    Sept 11-13

    Management Accounting, Definition, Nature and Scope

    Giving Assignments

    2

    Sept 14-18

    Difference between Cost Accounting and Management Accounting

    Giving Assignments

    3

    Sept 19-23

    Difference between Financial Accounting and Management Accounting

    PPT Presentation

    4

    Sept 24-27

    Recent Trends in Management Accounting

    Lecturing

    5

    Sept 28-30

    Recent Trends in Management Accounting

    Discussion

     

    https://docs.google.com/document/d/1lW-bkPiL0bHL6WJ2BrVhkm3KgJpDUYDEjGKV5qACACY/edit?usp=sharing

    Self-Assessment Activities

    1.     “ Ratios are indicators – Sometimes pointers but not in themselves powerful tools of management – Explain?

    2.     What is PV Ratio? Explain it’s importance?

     

    Discussion Forum

    1.     Adjustment entries in statement of changes in working capital

    2.     Procedure for preparation of cash flow statement

     

    Additional Reading

    1.     Dr S N Maheswari : Management Accounting

    2.     J Batty : Management Accounting

     

     

    Question Bank

     

    Self-assessments of all modules containing 10 MCQs for each module with answer key

     

    https://docs.google.com/document/d/1pzAlQdeNCzsfZ9A-CSHJRwjMsu1VernEOzX2Pe7ZBek/edit?usp=sharing

    Question Bank

    Self-assessments of all modules containing 10 MCQs for each module with answer key

    1.The term  management accounting was used in(a)1950 (b)1939(c)1910(d)1947

    Ans:1950

    2.Management Accounting is also known as

    (a)price level accounting (b)historical cost accounting (c)decision accounting (d)none of these

    Ans:Decision Accounting

    3.Managemnt accounting is an offshoot of

    (a)financial accounting (b)cost accounting (c)cost accounting and inflation accounting (d)both a and b

    Ans:Both a and B

    4.Which of the following is not a technique of management accounting

    (a)budgetary control (b)standard costing (c)marginal costing (d)process costing

    Ans:process costing

    5.Managemnt accounting relates to

    (a)recording of accounting data (b) recording of costing data (c)presentation of accounting data (d)none of these

    Ans:presentation of accounting data

    6.The use of management accounting is

    (a) compulsory (b)optional (c)obligatory (d) none of these

    Ans: optional

    7.Managemnt accounting is an extension of

    (a)cost accounting (b) financial accounting (c)Tax accounting (d) forensic accounting

    Ans:Financial accounting

    8.Managemnt accounting helpful in increasing

    (a)efficiency (b) profitability(c)solvency(d)liquidity

    Ans:efficiency

    9.only ……………..information is recorded in accounting

    (a)qualitative (b)quantitative (c)both a and b (d) none of these

    Ans:quantitative

    10.Management accounting information is used by

    (a)share holders (b)creditors(c)management(d)Government agencies

    Ans:Management

     

     


  • Accounting for Management

    Subject :UG Commerce

    Paper name:Accounting for Management

    Course Code: BC5B07

    Name of the instructor: Dr.V.JAISUDHADEVI

                                           Assistant Professor of Commerce

                                           Sri Parasakthi College for Women ,Courtallam.

                                           Tamilnadu.

                MHRD-Teaching and Learning Center,University of Calicut

            One week short run course on E-Content Development and Course Design

                                        (from 08.09.2020 to 14.09.2020)

                                                    Course Design Template

     

    SUBJECT

     

    COMMERCE AND MANAGEMENT

    Course Title

    ACCOUNTING FOR MANAGEMENT

    Course Code

    BBVB07

     

    University

     

    University of Calicut

    Credits

    ONE

    Duration

    10 HOURS

    Assessment

    CE                                      TE     

     


     


    • Students must
      Mark as done

      Course Collaborators

      1. Dr. BALAKRISHNAN-Assistant Professor of Commerce, St. Marys College Sulthan Bathery

      2.Dr.V.JAISUDHADEVI- Assistant Professor of Commerce, Sri Parasakthi College for Women, Courtallam 

      3. Dr. S. SHANTHI- Assistant Professor of Commerce, Ambai Arts College Ambasamudram Tirunelveli District Tamilnadu

      4. Dr. SATHEESH BABU. A- Assistant Professor of Commerce, Government Arts College, Trivandrum

      5. NOUSHAD .K.K- Assistant Professor of Commerce, Malabar College of Advanced Studies, Vengara


    • Students must
      Mark as done


    • Students must
      Mark as done

      No of Credits

      TIME: 5 Hours per week Credits: 4

      The Module 1 of the BBVB07 requires 5 hours of engaged students learning per week for 2 weeks. BBVB07 accomplishes this total 10 hours of engaged students learning in the following manner: Clock Hours-e- TEACHING- 4 hours, review session: 1 hour,  film video outside the class 1 hour, Question preparation 1 hour , reading for students: 2 hour ( Assumes students read 20 pages per hour) and Internal Exam 1 hour


    • Students must
      Mark as done

      The salient features of Management Accounting:

      https://docs.google.com/document/d/1q-SKu6IlvcPO_ktkMdNINFdXTwxJNVS-eS1677qos3I/edit?usp=sharing

      Management Accounting provides a penetrating and comprehensive analysis of the concepts, theories and techniques in a simple and lucid style.  Management accounting, besides providing data for published financial statements for external use and is an important source of financial information for internal decision-making.  Management accounting is a subject which is performing their managerial functions of planning and controlling.

      The course introduces students to contemporary management accounting concepts and techniques. The role of accountants in internal decision-making; tools used to design and develop costing systems; preparation of budgets and their role as a planning and control tool; other decision-making tools including CVP analysis, pricing decisions, inventory issues and costs of quality; fraud. It enables the students to understand the concept and relevance of management accounting.  Management accounting provides the students and understanding about the use of accounting and costing data for planning control and decision making.



    • Students must
      Mark as done

      Assignment for Conducting meeting by using Bigblue button:  Meeting 1

      https://www.loom.com/share/92f7e9a6a688456eb70a5c80d8e4ce0c


    • Accounting for Management URL
      Students must
      Mark as done

      Kindly go through the  video

    • Students must
      Mark as done

      Intended Audience     

      -          UG students who pursue their degree in commerce and management.

      -          computer science students, who have Finance as their complementary course.

      -          M.Com or MBA students.

      -          young budding managers in Management Accounting to strengthen       their theoretical knowledge.


    • Students must
      Mark as done

      Pre-Requisites

      For pursuing this course, students are required to be familiar with the following concepts:

      ●       Basic knowledge of Financial Accounting

      ●      Basic Knowledge of Management discipline.

      ●      Some ideas of Cost Accounting.


    • Students must
      Mark as done

      Syllabus  - Theory

       

       

      Module I

      Management Accounting Nature and Scope Difference between Cost Accounting, Financial Accounting and Management accounting Recent Trends in Management Accounting. (10 Hours)

      https://docs.google.com/document/d/19_k3ghJHgET2VitvlopL6FhhX5o-iG_GJ5kS5c99_bk/edit?usp=sharing

       


    • Students must
      Mark as done

      Videos

      Accounting Management 1

      https://www.loom.com/share/6e29341066014b7db69971a5aa28013e

      Accounting Management 2

      https://www.loom.com/share/f9f0f23baec649bea69be39875ce2fda


    • Students must
      Mark as done

      Course Plan- Topic wise

      http://learnspace.uoc.ac.in/mod/resource/view.php?id=6070

       

      https://docs.google.com/document/d/1lW-bkPiL0bHL6WJ2BrVhkm3KgJpDUYDEjGKV5qACACY/edit?usp=sharing

       

      SL.NO

      DATE

      TOPIC

      ASSESSMENT

      1

      Sept 11-13

      Management Accounting, Definition, Nature and Scope

      Giving Assignments

      2

      Sept 14-18

      Difference between Cost Accounting and Management Accounting

      Giving Assignments

      3

      Sept 19-23

      Difference between Financial Accounting and Management Accounting

      PPT Presentation

      4

      Sept 24-27

      Recent Trends in Management Accounting

      Lecturing

      5

      Sept 28-30

      Recent Trends in Management Accounting

      Discussion

       

      https://docs.google.com/document/d/1lW-bkPiL0bHL6WJ2BrVhkm3KgJpDUYDEjGKV5qACACY/edit?usp=sharing


    • Students must
      Mark as done

      Expected Learning Outcomes

       

      After completing the MOOC course , you shall be able to

      ●       Understand Meaning and Definitions of Management Accounting.
      ●       Comprehend the nature, scope, objectives and functions of management Accounting.
      ●       Learn the Tools and Techniques of management accounting system.
      ●       Learn the installation procedures of Management Accounting in an organization.

      ●       Able to understand advantages, merits, use and disadvantages of Management Accounting.

      ●       Able to understand the recent trends in management accounting.



    • Assignment 1
    • Assignment 2
      Students must
      Mark as done

      Difference between Cost Accounting and Management Accounting

    • Students must
      Mark as done

      Self Assessment Activities

      Study  the Cost Accounting,Financial Accounting  and Management Accounting  of  a Company and describe which data serves the purpose of whom.

    • Discussion Forum
      Students must
      Mark as done

      Identify the Similarities of Management Accounting ,Cost Accounting and Financial Accounting

    • Students must
      Mark as done

      Field Visit

      Visit nearest industrial unit and Make a Report on the Functions of management Accountant

    • Reference Books:
      Students must
      Mark as done


       1.Dr .S . N Maheswari : Management Accounting

       2.J Batty : Management Accounting

       3. Shashi k Gupta R K Sharma : Management Accounting


       



    • National Level Workshop on Recent Managerial Reporting Concepts
      Students must
      Mark as done
    • Model Question Bank Quiz
      Students must
      Mark as done

      Self-assessments  containing 10 MCQs  with answer key

      1.The term  management accounting was used in(a)1950 (b)1939(c)1910(d)1947

      Ans:1950

      2.Management Accounting is also known as

      (a)price level accounting (b)historical cost accounting (c)decision accounting (d)none of these

      Ans:Decision Accounting

      3.Managemnt accounting is an offshoot of

      (a)financial accounting (b)cost accounting (c)cost accounting and inflation accounting (d)both a and b

      Ans:Both a and B

      4.Which of the following is not a technique of management accounting

      (a)budgetary control (b)standard costing (c)marginal costing (d)process costing

      Ans:process costing

      5.Managemnt accounting relates to

      (a)recording of accounting data (b) recording of costing data (c)presentation of accounting data (d)none of these

      Ans:presentation of accounting data

      6.The use of management accounting is

      (a) compulsory (b)optional (c)obligatory (d) none of these

      Ans: optional

      7.Managemnt accounting is an extension of

      (a)cost accounting (b) financial accounting (c)Tax accounting (d) forensic accounting

      Ans:Financial accounting

      8.Managemnt accounting helpful in increasing

      (a)efficiency (b) profitability(c)solvency(d)liquidity

      Ans:efficiency

      9.only ……………..information is recorded in accounting

      (a)qualitative (b)quantitative (c)both a and b (d) none of these

      Ans:quantitative

      10.Management accounting information is used by

      (a)share holders (b)creditors(c)management(d)Government agencies

      Ans:Management



    • 1.wikibook-managerial-accounting File
      Students must
      Mark as done

  • NOUSHAD.K.K

    • Students must
      Mark as done

      DETAILS OF E-CONTENT DEVELOPMENT OF AFM

      SUBJECT

       

      COMMERCE AND MANAGEMENT

      Course Title

      ACCOUNTING FOR MANAGEMENT

      Course Code

      BBVB07

       

      University

       

      University of Calicut

      Credits

      ONE

      Duration

      10 HOURS

      Assessment

      CE                                      TE     


    • Students must
      Mark as done

      Course Collaborators

      1.      DR. BALAKRISHNAN-Assistant Professor of Commerce, St. Marys College Sulthan Bathery

      2.      DR.V.JAISUDHADEVI- Assistant Professor of Commerce,SRI Parasakthi College for Women, Courtallam

      3.      DR. S. SHANTHI- Assistant Professor of Commerce, Ambai Arts College Ambasamudram Tirunelveli District Tamilnadu

      4.      DR. SATHEESH BABU. A- Assistant Professor of Commerce, Government Arts College, Trivandrum

      5.      NOUSHAD .K.K- Assistant Professor of Commerce, Malabar College of Advanced Studies, Vengara


    • Students must
      Mark as done

      No of Credits

      TIME: 5 Hours per week Credits: 4

      The Module 1 of the BBVB07 requires 5 hours of engaged students learning per week for 2 weeks. BBVB07 accomplishes this total 10 hours of engaged students learning in the following manner: Clock Hours-e- TEACHING- 4 hours, review session: 1 hour,  film video outside the class 1 hour, Question preparation 1 hour , reading for students: 2 hour ( Assumes students read 20 pages per hour) and Internal Exam 1 hour


    • Students must
      Mark as done

      The salient features of Management Accounting:

      https://docs.google.com/document/d/1q-SKu6IlvcPO_ktkMdNINFdXTwxJNVS-eS1677qos3I/edit?usp=sharing

      Management Accounting provides a penetrating and comprehensive analysis of the concepts, theories and techniques in a simple and lucid style.  Management accounting, besides providing data for published financial statements for external use and is an important source of financial information for internal decision-making.  Management accounting is a subject which is performing their managerial functions of planning and controlling.

      The course introduces students to contemporary management accounting concepts and techniques. The role of accountants in internal decision-making; tools used to design and develop costing systems; preparation of budgets and their role as a planning and control tool; other decision-making tools including CVP analysis, pricing decisions, inventory issues and costs of quality; fraud. It enables the students to understand the concept and relevance of management accounting.  Management accounting provides the students and understanding about the use of accounting and costing data for planning control and decision making.



    • Students must
      Mark as done

      Intended Audience     

      -          UG students who pursue their degree in commerce and management.

      -          computer science students, who have Finance as their complementary course.

      -          M.Com or MBA students.

      -          young budding managers in Management Accounting to strengthen       their theoretical knowledge.

    • Students must
      Mark as done

      Expected Learning Outcomes

       

      After completing the MOOC course , you shall be able to

      ●       Understand Meaning and Definitions of Management Accounting.
      ●       Comprehend the nature, scope, objectives and functions of management Accounting.
      ●       Learn the Tools and Techniques of management accounting system.
      ●       Learn the installation procedures of Management Accounting in an organization.

      ●       Able to understand advantages, merits, use and disadvantages of Management Accounting.

      ●       Able to understand the recent trends in management accounting.

    • ASSIGNMENT-1
      Students must
      Mark as done

      Management Accounting, Definition, Nature and Scope

    • ASSIGNMENT-2
      Students must
      Mark as done

      ?Difference between Cost Accounting and Management Accounting

    • Difference between Financial Accounting and Management Accounting Lesson
      Students must
      Mark as done

      https://www.loom.com/share/6e29341066014b7db69971a5aa28013e

      https://www.loom.com/share/f9f0f23baec649bea69be39875ce2fda

    • Self-Assessment Activities Workshop
      Students must
      Mark as done

      1.      “ Ratios are indicators – Sometimes pointers but not in themselves powerful tools of management – Explain?

      2.      What is PV Ratio? Explain it’s importance?


    • Discussion Forum
      Students must
      Mark as done

      1.      Adjustment entries in statement of changes in working capital

      2.      Procedure for preparation of cash flow statement


    • ADDITIONAL READINGS: Book
      Students must
      Mark as done

      1.      Dr S N Maheswari : Management Accounting

      2.      J Batty : Management Accounting

    • QUESTION BANK FOR PRACTICING PURPOSE: Quiz
      Students must
      Mark as done

      Question Bank

      Self-assessments  containing 10 MCQs  with answer key

      1.The term  management accounting was used in(a)1950 (b)1939(c)1910(d)1947

      Ans:1950

      2.Management Accounting is also known as

      (a)price level accounting (b)historical cost accounting (c)decision accounting (d)none of these

      Ans:Decision Accounting

      3.Managemnt accounting is an offshoot of

      (a)financial accounting (b)cost accounting (c)cost accounting and inflation accounting (d)both a and b

      Ans:Both a and B

      4.Which of the following is not a technique of management accounting

      (a)budgetary control (b)standard costing (c)marginal costing (d)process costing

      Ans:process costing

      5.Managemnt accounting relates to

      (a)recording of accounting data (b) recording of costing data (c)presentation of accounting data (d)none of these

      Ans:presentation of accounting data

      6.The use of management accounting is

      (a) compulsory (b)optional (c)obligatory (d) none of these

      Ans: optional

      7.Managemnt accounting is an extension of

      (a)cost accounting (b) financial accounting (c)Tax accounting (d) forensic accounting

      Ans:Financial accounting

      8.Managemnt accounting helpful in increasing

      (a)efficiency (b) profitability(c)solvency(d)liquidity

      Ans:efficiency

      9.only ……………..information is recorded in accounting

      (a)qualitative (b)quantitative (c)both a and b (d) none of these

      Ans:quantitative

      10.Management accounting information is used by

      (a)share holders (b)creditors(c)management(d)Government agencies

      Ans:Management


    • afm Quiz
      Students must
      Mark as done

  • Dr. S. Shanthi

  • Topic 5

  • Topic 6