MCO-05 Accounting of Managerial Decisions Solved Assignment 2024


Course Code : MCO – 05
Course Title : Accounting for Managerial
Assignment Code : MCO & 05 /TMA/2024
Coverage : All Blocks

Title Name

MCO-05 Solved Assignment 2024

University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course MCOM
Language ENGLISH
Semester 2024 Course: MCOM
Session For July 2024 and January 2024 admission cycle
Short Name MCO-05
Assignment Code MCO – 05 /TMA/2024
Product Assignment of MCOM 2024 (IGNOU)
Submission Date July session: 15th March

January session: 15th September



Attempt all the questions.
Q. 1 Briefly explain the accounting concepts which guide the
accountant at the recording stage.
Q. 2 Distinguish between the following :
a) Product cost and Period cost
b) Controllable and Uncontrollable cost
c) Variable and Fixed costs
d) Direct and Indirect costs
Q. 3 Write short notes on the following :
a) Sales Budget
b) Material Budget
c) Production Cost Budget
d) Overhead Budget
Q. 4 Write a detailed note explaining the advantages and limitations of
Standard Costing.
Q. 5 Explain the different types of the reports that are used in an


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