Cost and management accounting bbs 2nd year

  • What are the topics under cost and management accounting?

    Financial analysis, audit, tax, laws & ethics, management strategies, cost, accounting, and various other topics are covered in depth in Cost Management Accounting programs.
    This course covers a total of 20 cases..

  • What is cost and management accounting 2?

    The course builds on the knowledge acquired from the course entitled cost and.
    Management Accounting and introduces some new concepts and uses of accounting tools and techniques in the analysis, planning and control of business operations and management decision making processes..

State any three objectives of cost accounting. 2. Define management accounting. 3. What is value analysis? 4. Mention any two causes of labor turnover.

Unit 2: Accounting For Materials

Materials/Inventory: Concept, reasons and objectives for holding material / inventory.
Inventory Control: Meaning, importance and techniques: Economic order quantity: concept and techniques-formula.

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Unit 4: Accounting For Overhead Cost

Overhead cost distribution: Meaning, primary & secondary distribution of overhead cost under direct method.

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Unit 5: Costing in Different Situations

Service costing: Concept and scope of operating costing; Preparation of Cost sheet for Transport Service for passenger, Hospital and Hotel & Restaurant Services, limitations of service

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Unit 6: Accounting For Profit Planning

Absorption costing: Concept, importance, and income statement under absorption costing, normal capacity and fixed manufacturing overhead rate, treatment of opening and closing stock, over and under.

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What is a cost & management accounting course?

This course contains conceptual foundation, accounting for materials, accounting for labour cost, accounting for overhead cost, costing in different situations, accounting for profit planning, cost accounting for planning and control, cost reduction.
Meaning, objectives, importance, advantages and limitations of cost & management accounting.

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What is the curriculum for a BBS degree?

Therefore, the curriculum for BBS degree comprises four separate and distinct course components:

  • 1.
    A strong foundation allied areas of business such as:language, economic analysis, legal environment and quantitative method to prepare graduates to understand, analyze and comprehend the management concepts, theories and practices. 2.
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    Why is BBS 2nd year cost and management accounting notes important?

    BBS 2nd Year Cost and Management Accounting Notes is useful for preparing for your exams.
    Important For Formula
    .
    Moreover, if you have Cost and Management Accounting Notes of other chapters missing on the site, you can send them by CLICKING HERE .


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