Page 22 - BBA SYLLABUS June-2015

COST ACCOUNTING (BBA42)

IV SEMESTER (MAJOR)

1. Define Cost Accounting.
2. Define Cost and Cost Accounting.
3. What is a Cost Centre?
4. Define Cast Unit.
5. Differentiate between Direct and Indirect Costs.
6. What is Prime Cost?
7. Define Overhead.
8. What is a Cost Sheet?
9. Give a format of Bin Card?
10. What is the difference between Bin Card and Stores Ledger Account?
11. What is Idle time?
12. Define Direct Labour. Give two examples.
13. What is the Meaning of Overtime?
14. What is Halsey plan?
15. Give any two merits of Rowan Plan?
16. What is the formula of calculating bonus under Halsey premium plan?
17. Give two examples of factory overheads?
18. What is meant by Machine Hour Rate?
19. What is meant by EOQ?
20. What is meant by Reconciliation Statement?
21. What is memorandum Reconciliation Account?
22. What is fixed cost?
23. What is flexible cost?
24. What is FIFO system of pricing Issues?
25. What is LIFO system of pricing Issues?

PART - B
1. Explain and Illustrate the various elements of cost
2. Problems of cost sheet.
3. Briefly describe the various methods of pricing the material issues.
4. Problems of Economic order quantity.
5. Problems of Time Rate and Piece Rate System.
6. Problems of Incentive schemes.
7. What are the essential features of a good wage system?
8. How is bonus calculated under Rowan and Halsey schemes of wage payment?
9. Problems of Machine hour rate?
10. Define overhead, Mention the different methods of classification of costs?
11. Problems of primary and secondary overhead distribution summary.
12. Problems of reconciliation of Cost and Financial Accounts.
13. Define normal loss, abnormal lass and abnormal gain. How these are treated in Cost
accounts?
14. “Cost Accounting has come to be an essential tool of Management” comment?
15. List out the different methods of costing and explain their practical application.