MTTM 5 Solved Assignment 2024-25
MTTM 5 Solved
Assignment 2024-25, FREE MTTM 5
Solved Assignment 2024-25, FREE MTTM 5 ACCOUNTING AND FINANCE FOR MANAGERS IN TOURISM Assignment PDF,
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Course Code: MTTM 5
Assignment Code: MTTM 5 ASST/TMA/2024-25
Marks: 100
NOTE: All questions are compulsory
Note: Attempt all the questions and submit this assignment
to the Coordinator of yourstudy centre. Last date of submission for July 2023
session is 31st October, 2023 and for January 2024 session is 30th April 2024.
Q1. What do you
understand by the term "Accounts Manager"? Explain the role and
activities of an accounts manager in an organization.
An Accounts
Manager plays a pivotal role in an organization's financial operations. Their
primary responsibility is to oversee the financial health of the company by
managing its accounts and ensuring compliance with financial regulations.
Here's a breakdown of their role and activities:
Financial
Planning and Analysis: Accounts Managers are often involved in creating and
analyzing financial reports, including profit and loss statements, balance
sheets, and cash flow statements. They use this data to provide insights to
senior management for strategic decision-making.
Budgeting and
Forecasting: They collaborate with other departments to develop annual budgets
and forecasts. This involves identifying financial objectives, allocating
resources effectively, and monitoring performance against targets.
Accounting
Operations: Accounts Managers supervise day-to-day accounting tasks such as
accounts payable, accounts receivable, payroll processing, and general ledger
maintenance. They ensure accuracy and efficiency in financial transactions and
record-keeping.
Financial
Compliance: They stay updated with relevant financial regulations and ensure
the organization's compliance with tax laws, accounting standards, and
reporting requirements. They may also liaise with auditors during external
audits.
Risk Management:
Identifying and mitigating financial risks is another crucial aspect of an
Accounts Manager's role. They assess financial vulnerabilities, develop risk
management strategies, and implement internal controls to safeguard assets and
prevent fraud.
Client and
Vendor Management: In some organizations, Accounts Managers interact with
clients and vendors regarding financial matters. This includes invoicing,
payment processing, resolving billing disputes, and negotiating terms of
contracts.
Team Leadership
and Development: Accounts Managers often lead a team of accounting
professionals. They provide guidance, set performance targets, conduct
performance evaluations, and offer training to enhance their team's skills and
productivity.
Technology
Integration: With the advancement of financial technology, Accounts Managers
may also be involved in selecting, implementing, and optimizing accounting
software systems to streamline processes and improve efficiency.
Financial
Strategy Development: They contribute to the development of financial
strategies aligned with the organization's goals and objectives. This may
involve identifying opportunities for cost reduction, revenue enhancement, or
investment.
Communication
and Collaboration: Effective communication is essential for an Accounts Manager,
as they frequently collaborate with various departments, stakeholders, and
external parties such as banks, regulatory authorities, and vendors.
In summary, an
Accounts Manager plays a multifaceted role in managing the financial aspects of
an organization, from overseeing day-to-day accounting operations to providing
strategic financial guidance to senior management. They are instrumental in
ensuring the organization's financial stability, compliance, and long-term
success.
Q2. Explain elements of
costs. Also prepare a proforma of a cost sheet.
Q3. Explain Zero Based
Budgeting along with its process and advantages.
Q4. Explain various
Forms of Dividend and Dividend policy Goals. Explain the factors affecting dividend
decisions.
Q5. Define
Depreciation. Explain various methods of Depreciation.
Q6. What are the
different types of Investment Proposals? Discuss the relevance of Investment proposals
for tourism business.
Q7. Explain the scope
of Financial Management. Give relevant examples.
Q8. What do you
understand by the terms budget and budgetary control? Suppose you own a large
size tour operation company; discuss the advantages and objectives of
introducing budgetary control in your organisation.
Q9. What is working
capital? Discuss the factors that affects the size of working capital in a tour
operation company.
Q10. Write short notes on the following in about 150
words each:
(a) Break Even Analysis
(b) Uses of Balance
Sheet
(c) Uses of Funds
(d) Importance of cash and cash Flow Statement
MTTM 5 Handwritten Assignment 2024-25
MTTM 5 Solved Assignment
2024-25: We provide handwritten PDF and Hardcopy to our IGNOU and other
university students. There are several types of handwritten assignment we
provide all Over India. We are genuinely work in this field for so many time.
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Important Note - You may be aware that you need to submit
your assignments before you can appear for the Term End Exams. Please remember
to keep a copy of your completed assignment, just in case the one you submitted
is lost in transit.
Submission Date :
31st March 2023 (if
enrolled in the July 2024-25 Session)
30th Sept, 2023 (if
enrolled in the January 2024-25 session).
IGNOU Instructions for the MTTM 5 Assignments
MTTM 5 INFORMATION MANAGEMENT SYSTEM AND TOURISM Assignment 2024-25 Before ate mpting the
assignment, please read the following instructions carefully.
1. Read the detailed
instructions about the assignment given in the Handbook and Programme Guide.
3. Write the course
title, assignment number and the name of the study centre you are attached to
in the centre of the first page of your response sheet(s).
4. Use only
foolscap size paper for your response and tag all the pages carefully
5. Write the relevant
question number with each answer.
6. You should write
in your own handwriting.
GUIDELINES FOR IGNOU Assignment MTTM 2024-25
MTTM 5 Solved
Assignment 2024-25 You
will find it useful to keep the following points in mind:
1. Planning: Read the questions carefully. Go through the
units on which they are based. Make some points regarding each question and
then rearrange these in a STATISTICS IN PSYCHOLOGYal order. And please write
the answers in your own words. Do not reproduce passages from the units.
2. Organisation: Be a little more selective and analytic before
drawing up a rough outline of your answer. In an essay-type question, give
adequate attention to your introduction and conclusion. The introduction must
offer your brief interpretation of the question and how you propose to develop
it. The conclusion must summarise your response to the question. In the course
of your answer, you may like to make references to other texts or critics
as this will add some depth to your analysis.
3. Presentation: Once you are satisfied with your
answers, you can write down the final version for submission, writing each
answer neatly and underlining the points you wish to emphasize.
IGNOU Assignment Front Page
The top of the first
page of your response sheet should look like this: Get IGNOU Assignment Front page through. And
Attach on front page of your assignment. Students need to compulsory attach the
front page in at the beginning of their handwritten assignment.
ENROLMENT NO: …………………………
NAME: ………………………………………
ADDRESS: …………………………………
COURSE TITLE: …………………………
ASSIGNMENT NO: ………………………
STUDY CENTRE: …………………………
DATE: ………………………………………
MTTM 5 Handwritten Assignment 2024-25
MTTM 5 Solved
Assignment 2024-25: We provide handwritten PDF and Hardcopy to our
IGNOU and other university students. There are several types of handwritten
assignment we provide all Over India. We are genuinely work in this field for
so many time. You can get your assignment done - 8130208920
PDF & Handwritten
WhatsApp – 8130208920
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