IGNOU MCO 05 Solved Assignment 2025 Pdf Download service is available at Gyanju platform now.
| Assignment | IGNOU MCO 05 Solved Assignment 2025 Pdf Download |
| Course Title | Accounting for Managerial Decisions |
| Session | 2025 |
| Medium | English |
| University | Indira Gandhi National Open University |
IGNOU MCO 05 Solved Assignment 2025 Question Paper
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1) a) Why is it important to standardize accounting practices? What progress has been made in India regarding standardization of accounting? Explain.
b) Explain the contingency and events occurring after the balance sheet date.
2) a) “A budget is a means and budgetary control is the end result”. Explain.
b) “Performance budgeting requires preparation of periodic performance reports’’. Explain.
3) a) “Calculation of variances in standard costing is not an end itself, but a means to an end”. Comment.
b) ‘‘Fixed costs are really variable. The more you produce, the less they become’’. Comment on the statement.
4) a) “Accounting Reports are a matter of necessity for the management and not a matter of convenience”. Discuss.
b) “Funds Flow Statement also suffers from window dressing of accounts and hence fails to give true view of funds movement. For instance, funds from operation can be increased by recording a few dummy sales” – Do you agree to this criticism? Give your views.
5) a) Explain ‘how the choice’ of the responsibility centre type (cost, revenue, profit or investment) affects budgeting and performance reporting.
b) “A 10 per cent increase in production and sales leads to more than percent increase in profit”. Explain.
IGNOU MCO 05 Solved Assignment 2025 Pdf Download Service
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