Question 5 OR (b)
Departmental accounting and its advantages
6 marks
- Time to write
- About 12 minutes
- Notes
- Crux notes
Question
Question 5 OR (b) · 6 marksWhat is meant by Departmental Accounting? Also, state the advantages of Departmental Accounting.
Reworded from the university paper; the task is the same. The original paper belongs to the University of Delhi. See DU's question bank.
Before you write
Read off the question and its marks
Read from the question
- What is meant…?State…2 asks, each with its own marks below. Answer both.
What the paper leaves open
The paper prints only the total marks. The split below is ours.
Write it in this order
- Read; underline the asks; jot your points 1 min
- 1 Meaning and methods of departmental accounting 2 marks 3 min
- 2 Advantages 4 marks 7 min
- Check: every ask answered, key terms underlined 1 min
Easy marks
- Step 1 opens with the meaning: a one-line definition, the quickest mark in it.
Short on time? Trim steps 1 and 2 evenly rather than skip one: each is capped at its own marks.
Try it first. About 12 minutes for 6 marks. Write it out, then open the solution.
Solution
Hover or tap a marked figure, like 72,000, to see how it is made and where else it appears.
Meaning. A department is a section of a business under one roof. Departmental accounting is the keeping of accounts for one or more departments of a business, so that the progress of the business and of each department can be seen. It is done either with separate books for each department or with joint (columnar) accounts.
- Individual results: the result of each department is found and can be compared with the others.
- Decision making: management can decide whether to expand, change or close a department.
- Future planning: information about each department helps plan its purchases, staff and space.
- Motivation: comparing departments' results motivates employees and builds a competitive spirit.
Where the 6 marks sit
A suggested split: the paper prints only the total of 6 marks.
| # | Component | Marks |
|---|---|---|
| 1 | Meaning and methods of departmental accounting | 2 |
| 2 | Advantages | 4 |
| Total | 6 |
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