| Course Code |
CS-54 |
| Course Title |
Accounting and Finance
on Computers |
| Assignment Number |
MCA(4)-54(TMA)/2003 |
| Maximum Marks |
10 |
| Last Date of
Submission
|
15th October,
2003 |
This is a Tutor Marked Assignment. There are two questions in
this assignment. Answer all the questions. You may use illustrations
and diagrams to enhance explanations. Please go through the
guidelines regarding assignments.
| Question 1: |
|
Write short notes on:
(i) Cost
Sheet
(ii) Contingent Liability
(iii)
Break-even analysis
(iv) marginal costing
(v)
CVP analysis |
| Question 2: |
(a) |
"Dividend can be
paid only out of profits." Explain this statement. Will
a company be justified in paying dividends when it has unwritten-off
accumulated losses of the past ? |
| |
(b) |
Discuss the
limitations of current computer-based accounting systems which
inhibit their greater spread and
usage. | |