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23rd April 2018, 02:08 PM
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Re: ICFAI Papers April

Hii sir, I Wants to get the Question Paper of the MBA Subject Accounting For Decision Making - II (MB2D2)f the ICFAI University ?
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23rd April 2018, 02:10 PM
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Join Date: Aug 2012
Re: ICFAI Papers April

As you Asking for the Question Paper of the MBA Subject Accounting For Decision Making - II (MB2D2)f the ICFAI University the Question Paper is given below

Accounting For Decision Making - II (MB2D2)


Prime cost plus variable overheads is
(a) Total cost
(b) Cost of sales
(c) Production cost
(d) Marginal cost
(e) Cost of goods sold. (1 mark)

. A sunk cost is
(a) A common fixed overhead cost
(b) Irrelevant to decision making
(c) Relevant to long-term decision making
(d) Relevant to short-term decision making
(e) A substitute for opportunity cost. (1 mark)

. A company is producing three products-A, B and C. A and B are profit making products and product C
is a loss making product. The company is paying a rent of Rs.60,000 per annum for its factory. For the
decision of whether to continue or discontinue product C, the rent of factory is considered as
(a) Marginal cost
(b) Unavoidable cost
(c) Avoidable cost
(d) Opportunity cost
(e) Imputed cost. (1 mark)

The margin of safety can be decreased by
(a) Reduction in fixed cost
(b) Increase in variable cost
(c) Increase in the level of production or selling price or both
(d) Change in the sales mix in order to increase the contribution
(e) Substitute the existing unprofitable product with the profitable ones.

Welcome Ltd. produces and sells a product Ferrum. The company has a P/V ratio of 20%. The company incurs Rs.1,20,000 as fixed cost per annum and its present sales are Rs.90,000 per month. The fixed cost is likely to increase to Rs.1,35,000 and the variable cost is expected to increase by 5% for the next period. The percentage increase in selling price required to maintain the existing level of profit is
(a) 4.00%
(b) 5.00%
(c) 5.39%
(d) 5.50%
(e) 6.00%.


The equal percentage change in selling price per unit and variable cost per unit will cause the breakeven point in rupees to
(a) Increase by the percentage change in variable cost per unit
(b) Decrease by less than the percentage increase in selling price per unit
(c) Decrease by more than the percentage increase in the selling price per unit
(d) Decrease by the percentage change in selling price per unit
(e) Remain unchanged


Which of the following statements is false in respect of contribution margin pricing?
(a) This pricing approach is a cost plus type of pricing
(b) Under this pricing approach the difference between the variable cost and revenue related to any
given quantity of products is called Contribution Margin
(c) In this pricing approach the complications of fixed cost allocation are not necessary
(d) This pricing approach allows the management a rapid way of assessing the sensitivity of volume
and price interactions
(e) This pricing approach could lead to long-term underpricing, which would affect the financial
health of the company in the short run.


In computation of gross value added, which of the following is not included?
(a) Depreciation
(b) Income from royalties
(c) Cost of all materials and services
(d) Sales revenue
(e) Income from investment

.Brand valuation is a tool that quantifies the economic value of a brand. One of the methods of brand valuation is Cost method. Which of the following statements is false with respect to Cost method?
(a) This method involves stating the brand at its cost to the company
(b) This is relatively easy when the brands are acquired
(c) Normally under this method the cost is arrived based on the historical earnings profile of the brand
(d) This method is more difficult to value the brand that has been developed in-house by the company
(e) This methodology involves determining the costs incurred in developing the brands.

.A company is said to have created economic value only if the
(a) Return on its capital employed is greater than the opportunity cost
(b) Return on its capital employed is lesser than the opportunity cost
(c) Return on its capital employed is greater than the sunk cost
(d) Return on its capital employed is lesser than the sunk cost
(e) Return on its capital employed is equal to opportunity cost.

Vanaja Electronics Ltd. a calculator manufacturer, is planning to produce a new model of calculator. The potential demand for the next year is estimated to be 90,000 units. The company has the capacity to produce 3,50,000 units and could sell 90,000 units at a price of Rs.1,000 per calculator. The demand would double for every decrease of Rs.100 in the selling price. The company expects a minimum
margin of 20% on sales. At full capacity level, the target cost per unit will be
(a) Rs. 640
(b) Rs. 975
(c) Rs. 960
(d) Rs. 800
(e) Rs.1,080.


.Relevant costs are
(a) All fixed costs
(b) All variable costs
(c) Anticipated future costs that will be same among various alternatives
(d) Anticipated future costs that will differ among various alternatives
(e) Past costs that are expected to be different in the future


Rest of the Question Paper you may get from the below Attachement that is Free to Download


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