Monday, 31 August 2015

mca3010 smu mca summer 2015 IIIrd sem assignment

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Summer 2015 ASSIGNMENT
PROGRAM MCA (REVISED FALL 2012)
SEMESTER THIRD
SUBJECT CODE & NAME-MCA3010- FINANCIAL MANAGEMENT AND ACCOUNTING
CREDIT 4 BK ID B1624 MAX. MARKS 60

Q. No. 1 Explain the process involved in accounting. What are the objectives of accounting?10
Answer:
Accounting Process:

1.       Identifying the transactions and events – This is the first step in the accounting process. It recognises the transactions of financial character that are essential to be recorded in the books of


Q.2 Briefly explain the role of management accounting. Also describe the functions of management accounting.10
Answer:
Roles of Management Accounting:
Management accounting helps the management in the following:
 It guides the management to fix most appropriate objectives for the company and also ensures

Q.3 What is fund flow analysis? What are the objectives of analysing flow of fund?10
Answer:
Fund flow analysis:
The term ‘flow’ refers to change and therefore the term ‘funds flow’ refers to ‘change in funds’ or ‘change in working capital’. In other words, any increase or decrease in working capital means ‘flow of funds’. Funds Flow Statement is a statement prepared to analyse the reasons for changes in the Financial

Q.4 What is cash flow statement and how is the cash flow statement subdivided?10
Answer: Meaning of Cash Flow Analysis
Cash flow analysis is an important tool of financial analysis. It is the process of understanding the change in position with respect to cash in the current year and the reasons responsible for such a change. Incidentally, the analysis also helps us to understand whether the investing and financing decision

Q.5 What are the merits of budgets? 10
Answer: The merits are as follows:
1. It aims at the maximisation of profits.
2. Budgets fix the

Q.6 Describe the essential features of budgetary control. 10
Answer: Essential Features of Budgetary Control
An effective budgeting system should have essential features to get the best results. In this direction, the


Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 625/semester only.
if urgent then call us on 08791490301, 08273413412



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