Name: Accounting and Finance for Managers in Tourism
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IGNOU MTTM-05 (January 2026 – July 2026) Assignment Questions

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

IGNOU MTTM-05 (January 2025 – July 2025) Assignment Questions

1. Discuss the role of key personnel associated with accounting department of an organisation.

2. What do you understand by cost accounting? Explain the various types of ‘Costs’.

3. Define the linkage between Profit and Loss Account and Balance Sheet. Which of these occupy more important place and why?

4. On what basis can we measure revenue and expenses? Explain with suitable examples.

5. What is a budget? Explain the need for budgetary control. Discuss the steps needed for installing an effective system of budgetary control in an organisation.

6. Discuss the concept and effects of financial leverage. How do you measure financial leverage.

7. On what basis do you judge an investment proposal? What are the two methods of evaluating investment proposals?

8. Discuss the concept of Cost-Volume-Profit (CVP) Analysis. Explain how CVP analysis is different from Break-Even Analysis.

9. What is working capital? Discuss the factors that affects the size of working capital in a tour operation company.

10. Write short notes on the following in about 150 words each:

(a) Accounting as an information system

(b) Performance Budgeting

(d) Cost segregation

MTTM-05 Assignments Details

University	:	IGNOU (Indira Gandhi National Open University)
Title	:	Accounting and Finance for Managers in Tourism
Language(s)	:	English
Code	:	MTTM-05
Degree	:	MTTM
Subject	:	Tourism Management
Course	:	Core Courses (CC)
Author	:	Gullybaba.com Panel
Publisher	:	Gullybaba Publishing House Pvt. Ltd.

IGNOU MTTM-05 (Jan 26 - Jul 26, Jan 25 - Jul 25) - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment MTTM-05 – Accounting and Finance for Managers in Tourism Then GullyBaba is the right place for you. We have the Assignment available in Urdu language. This particular Assignment references the syllabus chosen for the subject of English, for the Jan 26 - Jul 26, Jan 25 - Jul 25 session. The code for the assignment is MTTM-05 and it is often used by students who are enrolled in the IGNOU Solved Assignments, MTTM Degree. Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.