DOEACC B Level Course-Accounting and Financial Management Papers are just one of the many other courses that are offered at one of the best institutes of business and management studies. The aim is not only to create good managers but also shrewd managers. Since the markets are subject to the everyday risks, it is really important that the candidates keep themselves up to date and also are well versed with the different computing skills involving calculations.

Importance of the paper

The DOEACC B Level Course-Accounting and Financial Management Papers stress significantly on the calculative abilities of the candidates taking the exam and is largely based on testing their skills in cost cutting and management of money in a smart way. This requires the candidate to be not only well versed with the different cost calculations but also requires them to keep themselves up to date with the recent developments that take place in the market every day.

Format

The whole paper is of 100 marks and the marks allotted for each question are indicated in the brackets against them.

Paper pattern

The paper consists of the seven questions of which the candidate needs to answer the first question which is compulsory whereas he is free to choose any four from the rest.

Marking

Each question carries 14 marks. There are no negative marks awarded. The candidate is expected to write the answers to the point in a simplified manner to score the most.

Some questions from the question paper

The questions that most frequently feature in the question paper are:

Distinguish between allocation, apportionment and absorption of overheads with suitable examples.

What do you understand by Zero-base budgeting?

Explain the difference between weighted average  cost of capital (WACC) and weighted Marginal cost of capital (WMCC).

Time allotted

A total of three hours is allotted to complete the paper which is about adequate.

Recommended books

The most popular are Mastering book keeping by Peter Marshall and Using Accounting Information by Larry M. Walther, Christopher J.Skousen.