Question 1:
Critically discuss the role of the cost accounting and financial accounting in Management accounting.
Question 2:
What do you understand by the term overhead absorption? Explain comprehensively methods absorbing factory overhead.
Question 3:
What do you mean by the term standard costing? Discuss the advantages of the standard costing.
Question 4:
Write down comprehensive note on:
1) Key Factor
2) Budgetary Control
2) Idle Time
4) Types of Stores.