CHAPTER | QUESTIONS |
| 1 |
Developments in the
Business Environment |
| 1 |
Explain the essential
features of Life-cycle costing. (5
Marks)(June, 2009) |
| 1 |
Briefly explain the
phases in the life cycle of a product.
(4 Marks) |
| 1 |
What is
disinvestments strategy? Highlight the main reasons for disinvestments. (4 Marks)(June, 2009) |
| 1 |
What are the critical
success factors for the implementation of a “Total Quality Management”
programme? |
| 1 |
List out the remedies
available for difficulties experienced during implementation of PRAISE. |
| 1 |
How can value
analysis achieve cost reduction? (5
Marks)(Nov., 2009) |
| 1 |
Classify the
following items under the three measures used in the theory of
constraints: |
| 1 |
Name any four stage
in the process of bench marking (4
Marks) (May 2011) |
| 1 |
Differentiate
between ‘Traditional Management Accounting’ and ‘Value Chain Analysis in the
strategic framework’ |
| 1 |
Describe the
Just-in-time systems (6 Marks) (Nov.,
2008) |
| 1 |
What is
Backflushing in JIT?
State the problems
that must be
addressed for the
effective functioning of the system. |
| 1 |
Explain the major
components of balanced score card. (4
Marks)(Nov., 2010) |
| 1 |
Classify
the following measures under appropriate categories in a balanced score card
for a banking company which excels in it s home loan products |
| 1 |
Classify the following ite3ms under appropriate categories of equality
costs viz. Prevention Costs, appraisal Cost, Internal Failure Costs and
External Failure cost |
| 1 |
Brief the principles
associated with synchronous manufacturing.
(5 Marks)(May, 2010) |
| 1 |
Mention the data
required to operate the material requirement planning system. |
| 1 |
Explain the
pre-requisites for successful operation of material requirement
planning. |
| 2 |
Cost Concepts in
Decision Making |
| 2 |
Explain briefly the
concepts of Opportunity costs and Relevant costs. (4 Marks)(June, 2009) |
| 2 |
What are the
applications of incremental/differential costs? (5 Marks)(May, 2010) |
| 2 |
Pick
out from each of the following items, costs that can be classified under
‘committed fixed costs’ or ‘discretionary fixed costs”. |
| 3 |
CVP Analysis and
Decision Making |
| 4 |
Pricing Decision |
| 4 |
What are the
disadvantages of Cost Plus Pricing ?
(5 Marks) (May, 2011) |
| 4 |
Explain briefly the
conc ept of skimming pricing policy.
(2 Marks) (Nov., 2009) |
| 4 |
Briefly explain
skimming pricing and penetration pricing policies. (4 Marks) (Nov., 2008) |
| 4 |
What is Price
Discrimination? Under what circumstances it is possible? (4 Marks) |
| 4 |
Explain briefly Pareto analysis and mention
some of its uses. (4 Marks) |
| 5 |
Budget and Budgetary
Co ntrol |
| 5 |
What are the various
formulae used in calculating budget ratios?
(3 Marks)(June, 2009) |
| 5 |
What are the steps
involved in Zero- base budgeting? (5
Marks) (Nov.,2010) |
| 6 |
STANDARD COSTING |
| 7 |
Costing of Service
Sector |
| 7 |
Give an appropriate
cost unit for each of the following service sectors: |
| 7 |
“Customer
profile is important in charging
cost.” Explain this statement in the light of customer costing in service
sector. |
| 8 |
T RANSFER P
RICING |
| 9 |
Uniform Costing and
Inter Firm Comparison |
| 9 |
What is uniform
costing? Why is it recommended? (4
Marks)(June, 2009) |
| 9 |
What are the
essential requisites for the installation of Uniform costing system? |
| 10 |
Cost Sheet, Profitability Analysis And Comparison |
| 11 |
LINEAR PRAGRAMMING |
| 12 |
TRANSPORTAION
PROBLEMS |
| 13 |
The Assignment
Problem |
| 13 |
In
an assignment problem to assign jobs to men to minimize the time taken,
suppose that one man does not know how to do a particular job, how will you
eliminate this allocation from the |
| 14 |
Critical
Path Analysis |
| 14 |
Explain the following
in the context of a network: (i) Critical path (ii) Dummy activity. |
| 14 |
List the 5 steps
involved in the methodology of critical path analysis. (4 Marks)(Nov., 2010) |
| 15 |
Programme Evaluation
and Review Technique |
| 15 |
State any 5 limitations of the assumptions
of PERT and CPM (5 Marks) |
| 16 |
Simulation |
| 16 |
What are the steps
involved in carrying out Monte Carlo simulation model? (4 Marks)(Nov., 2010) |
| 16 |
what are the steps involved in the simulati
on process? (4 Marks) |
| 17 |
Learning Curve
Theory |
| 17 |
Explain distinctive
features of learning curve theory in manufacturing environment. |
| 17 |
What are the limitations of the learning
curve theory ? (4 Marks) |
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