IPCC COSTING &FM IMPORTANT THEORY NOTES

Go Through the Important Theory Questions in Costing and FM, for CA IPCC May 2014 Exams.

Even though enough care is taken while selecting the questions, students are recommended not to put in too much reliance on these. 

       Costing:

          Discretionary Costs

          Conversion Cost

          Product Costs Vs Period Costs

          Bin Cards Vs Stores Ledger

          Allocation and Apportionment

          Accounting Treatment for Over-time Premium

          Short Notes on General Ledger Adjustment Account

          Advantages of Cost-Plus Contract

       Financial Management (FM):

          External Commercial Borrowings

          Business Risk Vs Financial Risk

          ADR Vs GDR

          Role of CFO

          Types of Floats in the context of Cash Management

          Benefits of Optimum Capital Structure

          Ploughing Back of Profits