MANAGEMENT MANAGEMENT ACCOUNTING
B Y M U H A M M A D FA R O O Q A A R B I A N I( 0 3 2 1 - 8 7 2 2 6 1 4 )
Index
General Mistakes CVP Break even Analysis
Marginal and absorption costing
Activity Based Costing
Pert Networking
Learning CurveActivity Based Costing
Process Costing
Learning Curve
Budgeting
Decision Making
Working Capital
Question Paper Winter 2010 (Q-1) Pg-1
Question Paper Winter 2010 (Q-1) Pg-2
Pricing
Standard Costing
Question Paper Winter 2010 (Q-2)
Q ti P Wi t 2010 (Q 3) Standard Costing
Liner Programming
Question Paper Winter 2010 (Q-3)
Question Paper Winter 2010 (Q-4) Pg-1
Index
Question Paper Winter 2010 (Q-4) Pg-2 Question Paper Winter 2009 (Q-1) Pg-1
Question Paper Winter 2010 (Q-5)
Question Paper Summer 2010 (Q-1)
Question Paper Winter 2009 (Q-1) Pg-2
Question Paper Winter 2009 (Q-2&3)Question Paper Summer 2010 (Q 1)
Question Paper Summer 2010 (Q-1&2)
Question Paper Winter 2009 (Q 2&3)
Question Paper Winter 2009 (Q-3&4)
Question Paper Summer 2010 (Q-3)
Question Paper Summer 2010 (Q-4)
Question Paper Winter 2009 (Q-4&5)
Question Paper Winter 2009 (Q-5)
Question Paper Summer 2010 (Q-4&5)
Q ti P S 2010 (Q 5)
Question Paper Winter 2009 (Q-6) Pg-1
Q i P Wi 2009 (Q 6) P 2 Question Paper Summer 2010 (Q-5)
Question Paper Summer 2010 (Q-6)
Question Paper Winter 2009 (Q-6) Pg-2
Best Of Luck
General MistakesIndex
Start preparation from past papers rather than books
Not given attention to Management accounting as it i drequired.
Syllabus not fully covered Syllabus not fully covered.
Examination Question are not completely understand Examination Question are not completely understand.
Lack of time management in examination g
Topic wise coverage Index
Marginal and absorption costingg p g
1. Problem in calculating under / over absorbed Fixed FOH
2. Problem when Process cost is involved.
3. Problem when Standard costing is involved
Topic wise coverage Index
Activity Based Costingy g
1. Problem in allocating cost to activity cost pool
2. Problem in selection of suitable cost driver
Topic wise coverage Index
Process Costing
1. Problem in calculating Equivalent Production Units (EPU)
2. Problem in identifying whether Normal loss is at beginning or at end
3 Problem in calc lating nits of normal and abnormal loss/ gain3. Problem in calculating units of normal and abnormal loss/ gain
4. Problem in identifying cost method either FIFO or Average costing (if not given in the question paper)g ( g q p p )
5. Under estimate of Process costing because examiner do not give direct question from process.
Topic wise coverage Index
Decision Making g1. Most Important Topic of Management Accounting
2 Problem in identifying relevant and irrelevant cost2. Problem in identifying relevant and irrelevant cost
3. In most of decision making question examiner check concepts of th t i i P ti J i t d t/B d t tother topics i.e Process costing, Joint product/By-product etc.
4. Lacking to take assumption when questions are silent
5. Most time waste to solve this question
Topic wise coverage Index
Working Capital g p
1. Problem in understanding of topic
2. Problem in numerous calculation involved
3. Problem how to start the question
4 Problem in applying the EOQ concept4. Problem in applying the EOQ concept
Topic wise coverage Index
Pricingg
1. Most difficult and ignored topic
2. Economics concept are used in this topic
Topic wise coverage Index
Standard Costing g
1. Student just memorized the formulas rather than trying to get the f h f lconcept of the formulas
2. Most students are always confused among the concept of budget, standard and actual.
3. Students normally dont have the concept of planning and operation y p p g pvariances.
Topic wise coverage Index
Liner Programmingg g
1 Problem in identify questing relating to liner programming or1. Problem in identify questing relating to liner programming or ranking method.
D t h th t f h d i i t d t k h t2. Do not have the concept of shadow price i.e. students know how to calculate the shadow price but usually they dont know what is the exact meaning of it.
Topic wise coverage Index
CVP Break even analysis y
1. Most of the students just memorized the standard formula before i i i h llgoing to examination hall.
2. Students dont know how to pick the information from question to place in the standard formula
Topic wise coverage Index
Pert Networking g
1. Students do not give full attention to this topic
2. Most secured topics to gain marks in examination p g
Topic wise coverage Index
Learning Curve g1. General perception that topic is covered only with the application of
formula
2. Problem in using learning curve table
M t f ti t d ith l l ti l ti3. Most of questions are not end with calculating cumulative average time per unit rather then it link with some decision making concept
Topic wise coverage Index
Budgetingg g
1. Forecasting of income statement
2. Cash budgeting
3. Component of master budgetp g
Question Paper Winter 2010 (Q-1)Index
Question Paper Winter 2010 (Q-1)Index
Question Paper Winter 2010 (Q-2)Index
Question Paper Winter 2010 (Q-3)Index
Question Paper Winter 2010 (Q-4)Index
Question Paper Winter 2010 (Q-4)Index
Question Paper Winter 2010 (Q-5)Index
Question Paper Summer 2010 (Q-1)Index
Question Paper Summer 2010 (Q-1 & 2)Index
Question Paper Summer 2010 (Q-3)Index
Question Paper Summer 2010 (Q-4)Index
Question Paper Summer 2010 (Q-4 & 5)Index
Question Paper Summer 2010 (Q-5)Index
Question Paper Summer 2010 (Q-6)Index
Question Paper Winter 2009 (Q-1)Index
Question Paper Winter 2009 (Q-1)Index
Question Paper Winter 2009 (Q-2 & 3)Index
Question Paper Winter 2009 (Q-3 & 4)Index
Question Paper Winter 2009 (Q-4 & 5)Index
Question Paper Winter 2009 (Q-5)Index
Question Paper Winter 2009 (Q-6)Index
Question Paper Winter 2009 (Q-6)Index
BEST OF LUCKIndex
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