MMPC 004 : Accounting For Managers in English Solved Assignment 2025-26

Assignment Title : MMPC 004 Solved Assignment in English

Course Code : MMPC 004

Course Title : Accounting For Managers

Assignment Code : MMPC 004/TMA/2025-26

Maximum Marks : 100

Title : MMPC 004 Solved Assignment in English 2025-26

Course : Master of Business Administration (MBA)

University Name : IGNOU

Service Type : Solved Assignment (Soft Copy)

Language : English Medium

Session : Valid for Admission July 2025 and January 2026

Short Name : MMPC 004

Assignment Code : MMPC 004/TMA/2025-26

Product : Assignment of MMPC 004 (IGNOU)

1. Explain the fundamental accounting concepts that underpin the preparation of financial statements in detail, providing suitable examples for each.
2. A factory manufacturing fans has the capacity to produce 500 fans per annum. The variable cost of a fan is Rs. 800, which is sold for Rs. 1,000. Fixed overheads are Rs. 24,000 per annum. Calculate the break-even points for output and sales, and show what profit will result if the output is 90% of capacity.
3. Critically evaluate the concept of Zero-Based Budgeting, highlighting its key features, process, advantages, and limitations.
4. “Ratio analysis is a vital tool in financial statement analysis, used by stakeholders to assess a firm’s performance, liquidity, solvency, and profitability”. Discuss this statement with suitable examples and interpretations.
5. Define forensic accounting and explain its scope and significance in corporate governance and financial investigations. Illustrate your answer with an example of a real or hypothetical corporate fraud case where forensic accounting techniques is applied.