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SMU MBA First Semester
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SMU MBA January 2026 Solved
Assignments
SIKKIM MANIPAL
UNIVERSITY
MBA 1st
Semester
January 2026
Internal
Assignment
O01CA503 -
Accounting for Managers
Question 1
Discuss in detail the various steps involved
in the accounting process.
Answer:
The accounting process refers to the systematic steps followed by
a business to record, classify, summarize, and report financial information.
These steps help an organization understand its financial position and
performance clearly.
The first step in the accounting
Question 2
Explain the fundamental principles of Cost
Accounting.
Answer:
Cost Accounting is concerned with finding, controlling, and
reducing the cost of production or services. It follows certain fundamental
principles to ensure accuracy and usefulness of cost information.
One important principle is the principle of cost ascertainment.
This means identifying the exact cost of producing goods or services. It helps
management know where money is being spent.
The principle of
Question 3
Discuss the advantages and limitations of
Ratio Analysis.
Answer:
Ratio Analysis is a technique used to evaluate the financial
performance and position of a business by comparing different financial
figures.
One major advantage of ratio analysis is that it simplifies
complex financial data. Large financial statements can be understood easily
through ratios.
It helps in measuring profitability, liquidity, efficiency, and
solvency of a business. For example, liquidity ratios show the ability to pay
short-term liabilities, while profitability ratios show earning
Question 4
What are the advantages and disadvantages of
human resources accounting?
Answer:
Human Resources Accounting refers to the process of identifying,
measuring, and reporting the value of employees in an organization. It treats
employees as valuable assets rather than expenses.
One major advantage is that it helps management understand the
value of human resources. This helps in
Dear students, get fully solved assignments by
professionals
Send your query at:-
Call us at: 08263069601
(Plagiarism proofed assignments available with 100%
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SMU MBA First Semester
Assignments
SMU MBA January 2026 Solved
Assignments
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