IGNOU MBACN MMPC 4 SOLVED ASSIGNMENT

Included:

MMPC 004 (July 2024 - January 2025) - ENGLISH

ASSIGNMENT

Course Code MMPC-004

Course Title : Accounting For Managers

Assignment Code : MMPC-004/TMA/JULY/2024

Coverage : All Blocks

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for July 2024 session is 31 October, 2024 and for January 2025 sessions is 30th April, 2025.

1. What are the objectives of preparing Financial Statements? Describe the basic concepts of income determination.

2. In context of Cash Flow Statement, what is cash and cash equivalent? In what categories cash flows are classified and explain how cash flow in each activity is calculated as per AS-3. Describe how cash flow statement is prepared under Direct Method.

3. What is an Annual Report? Discuss in brief the contents of an annual report and describe the non audited information contained in an Annual Report of any company.

4. What is Human Resource Accounting? How can it be used as a decision tool by Management?

5. A) Compute Profit when -

Sales	Rs.4,00,000
Fixed Cost	Rs. 80,000
BEP	Rs. 3,20,000

B) Compute Sales When -

Fixed Cost	Rs.40,000
Profit	Rs. 20,000
BEP	Rs. 80,000

 

 

MMPC 004 (July 2025 - January 2026) - ENGLISH

ASSIGNMENT

Course Code

MMPC-004

Course Title

Accounting for Managers

Assignment Code

MMPC-004/TMA/JULY/2025

Coverage

All Blocks

Note: Attempt all the questions and submit this assignment to the Coordinator of your study centre. Last date of submission for July 2025 Semester is 31 October 2025and for January 2026 Semester is 30 April, 2026.

1. Explain the fundamental accounting concepts that underpin the preparation of financial statements in detail, providing suitable examples for each.

2. A factory manufacturing fans has the capacity to produce 500 fans per annum. The variable cost of a fan is Rs. 800, which is sold for Rs. 1,000. Fixed overheads are Rs. 24,000 per annum. Calculate the break-even points for output and sales, and show what profit will result if the output is 90% of capacity.

3. Critically evaluate the concept of Zero-Based Budgeting, highlighting its key features, process, advantages, and limitations.

4. "Ratio analysis is a vital tool in financial statement analysis, used by stakeholders to assess a firm's performance, liquidity, solvency, and profitability". Discuss this statement with suitable examples and interpretations.

5. Define forensic accounting and explain its scope and significance in corporate governance and financial investigations. Illustrate your answer with an example of a real or hypothetical corporate fraud case where forensic accounting techniques is applied.

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