Free IGNOU MMPC-004
Important Questions 2025 Download PDF
Free IGNOU MMPC-004
Important Questions JUNE 2025 Download Pdf,
IGNOU MMPC-004 Accounting
For Managers Important
Questions Completed Important Questions for the current session of the MBA Program
for the years 2024–2025 have been uploaded by IGNOU. Important Questions
for IGNOU MMPC-004 students can help them ace their final exams. We advise
students to view the Important Questions paper before they must do it on their
own.
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| Free IGNOU MMPC-004 Important Questions 2025 Download PDF |
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Free IGNOU MMPC-004
Important Questions 2025 Download Pdf Accounting For Managers Important Questions With Answers Download Pdf A
thorough examination of India's foreign policy is covered in the Master of
Business Administration (MBA) program at IGNOU under the course code MMPC-004
Important facets of India's foreign policy, ties with other world powers, and
international relations are covered in this course. The most crucial MMPC-004
questions are listed below, along with their solutions, to help students study
for the test.
Free IGNOU MMPC-004 Important Questions 2025
Download Pdf
Section I
· Define financial
accounting. Explain its objectives and significance in managerial
decision-making.
· Discuss the
various branches of accounting and their relevance to business organizations.
· Explain the
difference between capital and revenue expenditures. Provide examples of each.
· Describe the
components of the accounting equation. How does it ensure the accuracy of
financial statements?
· What is
double-entry bookkeeping? Illustrate with examples how every transaction
affects the accounting equation.
· Discuss the
preparation of a trial balance. What errors can a trial balance detect, and
what are its limitations?
· Explain the
process of preparing a trading and profit and loss account. How do these
statements aid in assessing business performance?
· What is the
balance sheet? Discuss its components and the significance of each item.
· Define
depreciation. Explain the different methods of calculating depreciation and
their impact on financial statements.
· What is working
capital? Discuss the importance of managing working capital effectively for
business liquidity.
Section II
· Explain the
concept of ratio analysis. How do liquidity, profitability, and solvency ratios
assist managers in decision-making?
· Discuss the
limitations of financial statements. How can managers address these limitations
in their analysis?
· What is cost
accounting? Differentiate between financial accounting and cost accounting.
· Explain the
various methods of costing. How does each method cater to different types of
businesses?
· Discuss the
importance of budgeting in managerial accounting. How does budgeting facilitate
planning and control?
· What is
variance analysis? Explain how managers use it to evaluate performance and take
corrective actions.
· Describe the
concept of marginal costing. How does it aid in decision-making related to
pricing and product mix?
· What are
standard costing and its significance in cost control? Explain how standard
costs are determined.
· Discuss the
role of management accounting in strategic decision-making. How does it support
long-term planning?
· Explain the
concept of responsibility accounting. How does it promote accountability and
performance evaluation within an organization?
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