Management Accounting
Budget and Budgetary Control 1. Budgetary Control: It is the system of management control and accounting in which all the operations are forecasted and planned in advance to the: extent possible and the actual results compared with the forecasted and planned results. 2. Types of Budget: Capacity wise – Fixed Budget, Flexible Budget, Functions wise […]
Cost Accounting System – CA Inter Costing Study Material Question 1.Explain integrated accounting system and state its advantages. fCA Inter Nov. 2019, May 2019, May 2015, May 2012, May 2010, 5 Marks]Answer:Integrated Accounting System:Integrated Accounting System is a system of accounting, where the cost and financial accounts are kept in the same set of books. […]
Activity Based Costing (ABC) – CA Inter Costing Study Material Question 1.Explain Activity Based Budgeting. [CA Inter Nov. 2018, 5 Marks]Answer: Activity Based Budgeting analyse the resource input or cost for each activity. It provides a framework for estimating the amount of resources required as per the budgeted level of activity. Actual results can be […]
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