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Theory Questions - Module - 2 Costing

Explain the role of "Principal Budget Factor" in the preparation of functional budgets. Explain the relationship between functional budgets and master budget. Explain what do you understand by "Budgeting and budgeting control"?

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56 views1 page

Theory Questions - Module - 2 Costing

Explain the role of "Principal Budget Factor" in the preparation of functional budgets. Explain the relationship between functional budgets and master budget. Explain what do you understand by "Budgeting and budgeting control"?

Uploaded by

ravitarun31
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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SCHOOL OF MANAGEMENT STUDIES

COCHIN UNIVERSITY OF SCIENCE AND TECHNOLOGY

M B A (I B) SECOND SEMESTER
(Module II)
No.6/ S2 /2010
ACCOUNTING for MANAGERIAL DECISIONS

CUSAT Exams – Theory Questions

What is meant by budgetary control? Explain the role of


1. 2009 - May “Principal Budget Factor” in the preparation of functional
budgets.
What do you understand by functional budgets? Explain the
2. 2009 - May
relationship between functional budgets and master budget.
3. 2008 - April What is meant by budgetary control? Explain its advantages.
4. 2007 - May What do you mean by ‘Flexible Budget’? How is it prepared?
Explain different types of Budgets.
5. 2005 - May
M B A Questions

Explain what you understand by “Budgeting and


budgeting control, bringing out the nature and scope of
6. 1990 - November
budgeting and budgetary control, the organization
required for its operation and the procedures involved.
Explain what you understand by “Budgeting and
7. 1991 - November budgeting control, bringing out how such a system can
be introduced in a manufacturing concern.
Explain what do you understand by flexible budgeting.
8. 1992 - November
What are its advantages?
What are the import6ant objectives of budgetary control?
9. What precautions should you take to make sure that
these objectives of budgetary control are achieved?
“A budget is a comprehensive and co-ordinated plan,
express in financial terms, for the operations and
10. 1996 - March
resources of an enterprise for some specific period in the
future “. Discuss.
Explain the following bringing out the difference
between
1997 - November
11. I. Fixed
(Supplementary)
II. Flexible budget
III. Financial budget.
Explain different types of budgets
12. 1998 - October
Explain the steps in budgetary control with reference to
13. 2004 - May
manufacturing – cum – selling enterprises.
2005 - May (Old What do you mean by a budget? Explain any three
14.
scheme) functional budgets.

Member of the Faculty: Dr. K. Krishnan Nampoothiri

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