CA Final AMA IMPORTANT THEORY QUESTIONS - May 13 Exam

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IMPORTANT THEORY
QUESTIONS

ADVANCED MANAGEMENT ACCOUNTING

FOR CA Final – May. 2013 EXAM

 

1. Distinguish between:

·       Partial plan and single plan

·       marginal costing and absorption costing

·       Traditional management accounting
and  value chain analysis

·       Traditional absorption costing and ABC

·       Value added & non-value added
activities

·       Monopolistic competition vs. oligopoly

2.
Short notes on:

·       continuous process improvement.

·       Breakeven chart

·       Dual plan

·       Curvilinear cvp analysis

·       Angle of incidence

·       throughput accounting

·       Value engineering

·       Budget manual

·       Committed Cost

·       Cost plus pricing

·       Business process re-engineering

·       Penetration pricing strategy

·       six C's and 4P's are of TQM

 

3.
Discuss disposal of variances in standard costing

4.
"Use of absorption costing method for the valuation of finished goods inventory
provides incentive for over-production." Elucidate the statement

5. Discuss the non-cost factors to be
considered for deciding in favour of shut down

6. Discuss the assumptions to be
considered under CVP.

7. Identify the circumstances it may be
justifiable to sell at a price bellow marginal cost

8. Discuss the limitations of using the
marginal costing technique

9. Identify the Non-cost factors to be
identified in making make/buy decision.

10. Briefly explain the advantages of
Zero based budget.

11. Discuss the objectives of transfer
pricing system and various methods of Transfer pricing.

12. Brief on how the Transfer pricing
conflicts can be resolved effectively?

13. Disadvantages of treating divisions
as profit centres

14. List down the important features of
target costing system

15. Highlight the points to be borne in
mind before implementing a target costing system.

16. What is the significance and
features of product life cycle costing.

17. Briefly explain objectives &
pre-requisite of uniform costing

18. Pre-requisites of installing
inter-firm comparison system

19. Identify the Steps involved in value
chain analysis approach for assessing competitive advantages.

20. List down method of costing to be
adopted in service sector

21. Identify the conditions to be
satisfied for a cost to be classified as relevant cost.

22. Area in which applications of
incremental cost techniques in making managerial decisions

23. Identify the need for ABC costing.

24. Discuss various types of activities.

25. Identify the areas where ABC can be
used as a decision making.

26. Discuss various types of Competitive
pricing

27. List down the conditions to be
satisfied for price discrimination

28. Identify the pricing practices where
non-cost reasons are important in setting prices.

29. Define Pareto analysis and its area
of application.

30. Discuss the three core concepts of
TQM.

31. Brief on stages in the implementation
of TQM.

32. How effective is JIT in elimination
of wastage of resources.

33. What do you mean by back flushing in
a JIT system?

34.
List down the objective of Material requirement planning

35.
List down the minimum data requirements to operate material requirement
planning system.

36.
List down the objective of theory of constraints

37.
List down the goals and performance measures for each perspective of balance
scorecard.

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