| May 13th, 2017 03:12 PM | |
| Nitin Sharma | Viva Questions For MBA Finance Hi buddy here I am looking for Viva Questions /interview For MBA Finance program admission so would you plz suggest me which types of question asked there ?? As you are asking for Viva Questions /interview For MBA Finance program admission so on your demand here I am telling sample question for it : What are the various streams of accounting? Streams of accounting: Financial Accounting, Cost Accounting, Management Accounting. Management Accounting: is the process of analysis, interpretation and presentation of accounting..... Financial Accounting and its characteristic features Financial Accounting is the process in which business transactions are recorded systematically in the various......characteristics features of Financial Accounting... Explain Cost Accounting. What are the objectives of doing it? Cost Accounting is the process of classifying and recording of expenditure incurred during the operations of the organization in a systematic way..... Define Management Accounting. What are its objectives? Management Accounting is the process of analysis, interpretation and presentation of accounting information collected with the help of financial accounting What is the scope of Management accounting? Scope of Management Accounting - 1) Financial Accounting 2) Cost Accounting 3) Revaluation accounting 4) Control Accounting 5) Marginal Costing ...... Compare Financial Accounting and Cost Accounting. Financial Accounting protects the interests of the outsiders dealing with the organization e.g shareholders, creditors etc..... Financial Accounting vs. Management Accounting Financial Accounting reports are used by outside parties such as creditors, shareholders, tax authorities etc. whereas Management Accounting reports are used by managers//// Compare Cost Accounting and Management Accounting The scope of management accounting is broader than that of cost accounting...In Cost accounting, the main emphasis is on cost ascertainment and cost control. Why are Profit and Loss Accounts prepared? Profit and Loss Account is a period statement which is prepared to show the profit or loss incurred by the Organization… What are the components of Profit and Loss Account? Explain them |
