File Details:

Questions:

1. What do you mean by Accounting for Managerial Decisions?
2. How does Management Accounting differ from Financial Accounting?
3. Differentiate between cash flow and cash budget.
4. Explain the characteristics of an ideal financial statement.
5. What do you mean by fund? Explain with example.
6. Explain the characteristics of a good reporting to management system.
7. What do you mean by Target costing?
8. Calculate Current Assets and Liquid Assets based on provided ratios.
9. What are the objectives of financial analysis and interpretation?
10. Explain the objectives of Management Accounting. Describe its importance and needs in the modern age.
11. Describe the functions and role of Management Accountant.
12. What do you mean by comparative statement analysis? Give the format of comparative Balance Sheet and describe its importance.
13. What is Fund-Flow statement? How is it prepared? What is its importance in Accounting System?
14. Describe the various kinds of Reports.
15. Write short notes on Activity Based Costing and Quality Costing.