Which ratios will help in determining the long term solvency of a business and how
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Financial and Cost Accounting
Answer the following question.
Q1. Which ratios will help in
determining the long term solvency of a business and how? (10 marks)
Q2. Explain the importance of the
Marginal cost technique in managerial decision making? (10 marks)
Q3. Explain the significance of cost
accounting in a manufacturing company. (10 marks)
Q4. A good costing system is an
involvable aid to management.” Discuss (10 marks)
Q5. Define cost accounting and bring
out the differences between cost accounts and Financial account (10 marks)
Q6. Define costing. How does it differ
from financial accounting? Explain its importance under present circumstances.
(10 marks)
Q7. What one the limitations of
financial accounting? How do you overcome item in cost accounting? (10 marks)
Q8. Define “Costing”, “Cost” and “Cost
Accountancy”. Distinguish between cost accounting and financial accounting. (10
marks)
Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
ARAVIND – 09901366442 – 09902787224
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