IGNOU MMPC-004 June 2026 Previous Year Question Paper

Q1.Write short notes on the following :

(a) Cost concept

(b) Materiality concept

(c) Periodicity concept

(d) Consistency concept

Q2.What are ‘Current Assets’ ? Explain different current assets in order of their relative liquidity.

Q3.Explain the concept of ‘Cost’. Critically discuss the major classifications of costs and their managerial relevance. Differentiate between cont rollable and uncontrollable costs with the help of a suitable example. [ 3 ]

Q4.(a) What do you understand by ‘Break Even Analysis’ ? How is it helpful for managers ?

(b) Calculate Break -Even Sales Value when Sales is ` 2,00,000, Variable Cost is ` 1,20,000 and Fixed Cost is ` 50,000.

Q5.Define ‘Zero Based Budgeting’. Distinguish it from Traditional B udgeting. Enumerate the advantages of zero -based budgeting and discuss its process.

Q6.What is an ‘Annual Report’ ? What purposes does it serve ? Outline the typical contents of an Annual Report. [ 4 ]

Q7.Define ‘Human Resource Accounting’.

Q8.Critically examine the different Human Resource Measurement Mo dels under Cost- based and Value-based Approaches.

Q9.Following are the Standard Cost specifications for a product : Time 10 hours per unit Cost ` 5 per hour Actual performance : Production 750 units Hours taken for production

Q10.600 hours Idle time 150 hours Average Cost ` 5.20 per hour Actual Cost ` 40,300 [ 5 ] MMPC–004 You are required to calculate :

(a) Labour Cost Variance

(b) Labour Rate Variance

(c) Labour Time Variance

(d) Idle Time Variance

(e) Total Efficiency Variance [ 6 ] MMPC–004 ekLVj vkWQ fctusl ,MfefuLVªs'ku@ekLVj vkWQ fctusl ,MfefuLVªs'ku (cSafdax vkSj foÙk)@ekLVj vkWQ fctusl ,MfefuLVªs'ku bu gsYFk ds;j ,.M gkWLihVy eSustesaV@ekLVj vkWQ fctusl ,MfefuLVªs'ku (ykWftfLVd ,.M lIykbZ pSu eSustesaV)@ekLVj vkWQ fctusl ,MfefuLVªs'ku (dUlVªD'ku eSustesaV) (,e-ch-,-@,e-ch-,Q-@ ,e-ch-,-lh-,u-) l=kar ijh{kk twu] 2026 ,e-,e-ih-lh-&004 % izcU/kdksa ds fy, ys[kkadu le; % 3 ?k.Vs vf/kdre vad % 100 (Hkkfjrk % 70%) uksV %

(i) fdUgha ik¡p ç'uksa ds mÙkj nhft,A

(ii) lHkh ç'uksa ds vad leku gSaA [ 7 ] MMPC–004 1- fuEufyf[kr ij laf{kIr fVIi.kh fyf[k, %

(v) ykxr voèkkj.kk

(c) HkkSfrdrk dh voèkkj.kk ;k egÙo dk fl¼kar (l) vkofèkdrk voèkkj.kk (n) laxfr voèkkj.kk 2- ^pkyw laifÙk;k¡* D;k gSa \ fofHkUu pkyw laifÙk;ksa dks mudh lkis{k rjyrk (liquidity) ds Øe esa le>kb,A 3- ^ykxr* dh voèkkj.kk dks le>kb,A ykxrksa ds çeq[k oxhZdj.kksa vkSj muds çcaèkdh; eg Ro ij vkykspukRed ppkZ dhft,A mi;qä mnkgj.k dh lgk;rk ls fu;a=.kh; vkSj vfu;a=.kh; ykxrksa ds chp varj Li"V dhft,A [ 8 ] MMPC–004 4-

(v) ^le&foPNsn fo'ys"k.k* ls vki D;k le>rs gSa \ ;g çcaèkdksa ds fy, fdl çdkj lgk;d gS \

(c) le&foPNsn fcØh ewY; dh x.kuk dhft,] tc fcØh ` 2]00]000] ifjorZuh; ykxr ` 1]20]000 vkSj fLFkj ykxr ` 50]000 gksA 5- ^'kwU;&vkèkkfjr ctfVax* dks ifjHkkf"kr dhft,A bls ikjaifjd ctfVax ls vyx dhft,A 'kwU;&vkèkkfjr ctfVax ds ykHkksa dks fxukb, vkSj bldh çfØ;k ij ppkZ dhft,A 6- ^okf"kZd fjiksVZ* D;k gS \ ;g fdu mís';ksa dh iwfrZ djrh gS \ ,d okf"kZd fjiksVZ dh lkekU; fo"k;&oLrq dh :ijs[kk çLrqr dhft,A [ 9 ] MMPC–004 7- ^ekuo lalkèku ys[kkadu* dks ifjHkkf"kr dhft,A ykxr&vkèkkfjr vkSj ewY;&vkèkkfjr n`f"Vdks.kksa ds varxZr fofHkUu ekuo lalkèku ekiu e kWMyksa dk vkykspukRed ijh{k.k dhft,A 8- fdlh mRikn ds fy, ekud ykxr fooj.k fuEufyf[kr gSa % le; 10 ?kaVs çfr bdkbZ ykxr ` 5 çfr ?kaVk okLrfod fu"iknu % mRiknu 750 bdkb;k¡ mRiknu esa yxk le; 7,600 ?kaVs fuf"Ø; le; 150 ?kaVs vkSlr ykxr ` 5.20 çfr ?kaVk okLrfod ykxr ` 40,300 [ 10 ] MMPC–004 fuEufyf[kr dh x.kuk dhft, %

(v) Je ykxr fopj.k

(c) Je nj fopj.k (l) Je le; fopj.k (n) fuf"Ø; le; fopj.k (;) dqy n{krk fopj.k