Course Code  CS-54
Course Title Accounting and Finance on Computers
Assignment Number  MCA(4)-54(Project)/2003
Maximum Marks  15
Last Date of Submission  31st October, 2003 

 This is a Project Assignment.  Answer all the questions.

Question 1: Distinguish between Master budget and Financial budget.  How   does management make use of Master budget? Explain the utility of computers in this respect. (5 marks)
Question 2: Distinguish between Variable Overhead Cost Variance and fixed Overhead Cost Variance. Why are such variances caused?      (5 marks)
Question 3: What are the main considerations in evaluating an investment proposal?  What approach can be adopted to develop a suitable soft*are for preparing investment proposals?       (5 marks)