MMPC-004 Accounting for Managers Solved Assignment 2025-2026
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MMPC-004 Accounting for Managers
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 31st October
2025and for January 2026 Semester is 30th 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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