a) Cost Accounting and Financial Accounting
See Answer →State the main characteristics of process costing and outline the costing procedure thereof.
See Answer →How does contract costing differ from job costing?
See Answer →Explain the use of a production order and give its specimen.
See Answer →Define unit costing. Mention the industries to which this method of costing is applicable.
See Answer →Explain the different methods of absorption of administrative overheads. Which method would you prefer and why?
See Answer →Calculate the machine hour rate to recover the overhead expenses given below :
Per hour Per annum
Electric Power
75 Ps. Steam 10 Ps.
Water 2Ps.
Repairs Rs. 530
Rent Rs. 270
Running hours
Rs. 2,000
Original cost Rs. 12,500
Book value Rs. 2, 870
Replacement value Rs. 11, 500
Hint : (Depreciation to be charged on original cost.)
See Answer →Define Overheads. What are the various methods of classifying overheads. Discuss functional classification.
See Answer →What is Labour Turnover? State the major causes of labour turnover.
See Answer →i) FIFO and ii) LIFO
January 1 Opening balance 100 units @ Rs. 5 each
January 5 Received 500 units @ Rs. 6 each
January 30 Issued 300 units
February 5 Issued 200 units
February 6 Received 500 units @ Rs. 5 each March 10 Issued 300 units March 12 Issued 250 units
See Answer →From the following transactions, prepare separately the stores ledger accounts using the following pricing methods :
See Answer →Define ‘Cost Accounting’. State its main objects
See Answer →Give the brief of E-tailing trends in India.
See Answer →What are cybercrimes? State various types of cyber crimes occurring these days.
See Answer →What are the various ingredients required for making a website?
See Answer →State the evolution of E-governance with the help of Gartner’s model.
See Answer →What are E-services? What are the various advantages of E-services?
See Answer →b) IT Act 2000 and IT (Amendment) Act 2008.
See Answer →a) Digital Signature and Electronic Signature.
See Answer →Why is customer engagement and retention an important tool for an e commerce business?
See Answer →