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
(0321- 8722614)

Index
General Mistakes

CVP Break even Analysis

Marginal and absorption costing

Pert Networking

Activity Based Costing

Learning Curve

Process Costing

Budgeting

Decision Making

Question Paper Winter 2010 (Q-1) Pg-1

Working Capital

Question Paper Winter 2010 (Q-1) Pg-2

Pricing

Question Paper Winter 2010 (Q-2)

Standard Costing

Question
Q
ti P
Paper Wi
Winter
t 2010 (Q
(Q-3)
3)

Liner Programming

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 Winter 2009 (Q-1) Pg-2

Question Paper Summer 2010 (Q

(Q-1)
1)

Question Paper Winter 2009 (Q

(Q-2&3)
2&3)

Question Paper Summer 2010 (Q-1&2)

Question Paper Winter 2009 (Q-3&4)

Question Paper Summer 2010 (Q-3)

Question Paper Winter 2009 (Q-4&5)

Question Paper Summer 2010 (Q-4)

Question Paper Winter 2009 (Q-5)

Question Paper Summer 2010 (Q-4&5)

Question Paper Winter 2009 (Q-6) Pg-1

Question
Q
ti P
Paper S
Summer 2010 (Q
(Q-5)
5)

Question
Q
i P
Paper Winter
Wi
2009 (Q
(Q-6)
6) Pg-2
P 2

Question Paper Summer 2010 (Q-6)

Best Of Luck

General Mistakes
Start preparation from past papers rather than books
Not given attention to Management accounting as it

required.
i d
Syllabus not fully covered.
covered
Examination Question are not completely understand.
understand
Lack of time management
g
in examination

Index

Index

Topic wise coverage

Marginal
g
and absorption
p
costing
g
1.

Problem in calculating under / over absorbed Fixed FOH

2.

Problem when Process cost is involved.

3.

Problem when Standard costing is involved

Index

Topic wise coverage

Activity
y Based Costing
g
1.

Problem in allocating cost to activity cost pool

2.

Problem in selection of suitable cost driver

Index

Topic wise coverage

Process Costing
1.

Problem in calculating Equivalent Production Units (EPU)

2.

Problem in identifying whether Normal loss is at beginning or at

end

3
3.

Problem in calc
calculating
lating units
nits of normal and abnormal loss/ gain

4.

Problem in identifying cost method either FIFO or Average

costing
g ((if not ggiven in the qquestion ppaper)
p )

5.

Under estimate of Process costing because examiner do not give

direct question from process.

Index

Topic wise coverage

Decision Making
g
1.

Most Important Topic of Management Accounting

2
2.

Problem in identifying relevant and irrelevant cost

3.

In most of decision making question examiner check concepts of

other
th topics
t i i.e
i Process
P
costing,
ti Joint
J i t product/By-product
d t/B
d t etc.
t

4.

Lacking to take assumption when questions are silent

5.

Most time waste to solve this question

Index

Topic wise coverage

Working
g Capital
p
1.

Problem in understanding of topic

2.

Problem in numerous calculation involved

3.

Problem how to start the question

4
4.

Problem in applying the EOQ concept

Index

Topic wise coverage

Pricing
g
1.

Most difficult and ignored topic

2.

Economics concept are used in this topic

Index

Topic wise coverage

Standard Costing
g
1.

Student just memorized the formulas rather than trying to get the
concept off the
h formulas
f
l

2.

Most students are always confused among the concept of budget,

standard and actual.

3.

Students normally
y dont have the concept
p of planning
p
g and operation
p
variances.

Index

Topic wise coverage

Liner Programming
g
g

1
1.

Problem in identify questing relating to liner programming or

ranking method.

2.

Do nott have
D
h
th
the conceptt off shadow
h d price
i i.e.
i students
t d t know
k
how
h to
t
calculate the shadow price but usually they dont know what is the
exact meaning of it.

Index

Topic wise coverage

CVP Break even analysis
y
1.

Most of the students just memorized the standard formula before

going
i to examination
i i hall.
h ll

2.

Students dont know how to pick the information from question to

place in the standard formula

Index

Topic wise coverage

Pert Networking
g
1.

Students do not give full attention to this topic

2.

Most secured topics

p to gain
g marks in examination

Index

Topic wise coverage

Learning
g Curve
1.

General perception that topic is covered only with the application of

formula

2.

Problem in using learning curve table

3.

Mostt off questions

M
ti
are nott endd with
ith calculating
l l ti cumulative
l ti average
time per unit rather then it link with some decision making concept

Index

Topic wise coverage

Budgeting
g
g
1.

Forecasting of income statement

2.

Cash budgeting

3.

Component
p
of master budget
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 LUCK

CONTACT
Cell : 0321-8722614
3
7
4
Email: farooq_aar@yahoo.com

Index