Description
MTTM 5: ACCOUNTING AND FINANCE FOR MANAGERS IN TOURISM
(Tutor Marked Assignment)
Course Code: MTTM-5
Total Marks: 100
Programme: MTTM
Assignment Code: MTTM 5/TMA/2026
Note: This TMA consists of ten questions, out of which you have to attempt any five. The question carries 20 marks each and should be answered in about 500 words. Send your TMA to the Coordinator of your Study Centre.
1. Give an account of the various personnel working in the accounting department of an organisation.
2. What is meant by Cost Accounting? Explain the various types of Costs?
3. Define Budget. Explain the need and importance of Budgetary Control in the overall financial planning of an organization.
4. What do you understand by financial management? What are its various components?
5. What are the criteria for judging an investment proposal? Discuss two main methods of evaluating investment proposals.
6. Discuss the concept of CVP Analysis. Describe the difference between CVP Analysis and Breakeven Analysis.
7. What is a Balance Sheet? Describe its various constituents.
8. Define Dividend. Discuss the factors that are taken into consideration by a company while taking a decision on dividend to be declared.
9. What is a Rolling Budget? Why is it prepared? Explain the procedure of preparing rolling budget.
10. Write short notes on the following in about 150 words each: a) Profit Graph b) Fixed and Current Assets c) Financial leverage d) Working Capital
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