Professional Documents
Culture Documents
1st Sem 2013 Bcom
1st Sem 2013 Bcom
1st Sem 2013 Bcom
;e^/3
C£><T^ ®
2013
COST ACCOUNTING
(Major)
Full Marks:80
. . ■ ■ . ^ ■ r' .
Time : Three Hours
Contd.
(ii) Cost is expressed in per physical unit
(like metre, kg, km,tonne etc.) State whether (vi) Stock verification sheets are maintained to
the statement is True or False. record the result of . (Fill in the
blank)
(Hi) Calculate the value of raw materials
(vii) Time and Motion study is conducted by Pay
consumed if Raw materials purchased
roll Department (state whether the statement
^ 88,000, Opening stock of raw materials
is True or False).
^ 1,00,000 and Closing stock of raw
materials ^ 1,23,500. (vii) Cost of Abnonnal idle time is transferred to
. (Fill in the blank)
(iv) Select the most appropriate :
(ix) Select the most appropriate :
Material control covers
'.''H Wage sheet is prepared by the
(a) Purchase of Materials
(a) Personnel Department
(b) Issue of Materials
(b) Pay-roll Department
(c) Storing of Materials
(c) Cost Accounting Department
(d) All of the above.
(d) None of the above.
(v) Materials should be issued by the storekeeper,
against slip. (Fill in the blank) (x) Overhead cost is the aggregate of indirect
material cost, indirect wages and .
(Fill in the blank)
4(Sem 1)COAC(MI)/G 2
4(Sem 1)C0AC(Ml)/G Contd.
Machine hour worked 900 hours
Administrative overheads 20% of
2. Answer the following very briefly : 2x5=10
works cost selling overhead ^ 5
(i) Write the meaning of cost classification. per unit
units produced 17,100 unit^
(a) State at leastfour items of expenses / losses
which will not form a part of the costs as units sold 16,000 units @ ^ 40 per unit
per Cost Accounting. You are required to prepare statement of cost,
showing cost and profit per unit sold. 5
(Hi) Write the meaning of Merit Rating.
(it) Statefive features of a good cost accounting
(iv) Write the meaning of cost apportionment.
system. 5
(v) What basis would you follow for distribution
(Hi) Writefive causes ofunder or over absorption
of the following overhead expenses to
of overheads. 5
departments ? Factory Rent, Municipal Rent
and Taxes, ESI, Store service expenses. Or
4(Sem 1)COAC(Ml)/G
Or 28^^ Jan. 700 bags at ^ 213 per bag
Briefly describe the accounting treatment of 30^ Jan. 300 bags at ^ 224 per bag.
the following while preparing Contract
On 31^^ January, 2013, the physical stock was
Account
1,200 bags. You are required to calculate the value
(a) Depreciation of Plant of the stock on 3P* January, 2013 according to
Contract A Contract B
Amount ^ Amount ^
4(Seml)C0AC(Ml)/G 11 5000
4(Sem 1)C0AC(M1)/G 10
Total number ofprinted pgges-4
4(Sem-1) RAMF(Ml)
2013
(Major)
Paper : 105 (F)
Full Marks:80
Contd.
Or
(viii) State the features ofhandicraft and handloom
industries. Discuss the essential features of rural
economy of India. 5
(ix) What is meant by self help group (SHG)?
(x) What are the sources of institutional finance (b) Examine critically the success or failure of
for rural sector ?
green revolution in India. 5
Or
(c) Describe the Reserve Bank of India's (RBI) AH questions are Compulsory,
policy on credit allocation to rural sector. 10 1. Answer as directed : 1 x 10=10
Or (i) State the meaning of rural enviromnent.
Discuss the importance of agriculture and (ii) State the meaning of micro credit.
its contribution to Indian economy. lo
(Hi) What is meant by -rural industries ?
(d) Elaborate the scheme of credit extended by
commercial banks to rural sector. iq (iv) What is meant by refinance ?
Or
(v) State the essence of a Co-operative Society.
Explain the government policy adopted for • (vi) What are the objectives of private money
lenders ?
rural industries. 10
(vii) State the sources of rural finance.
4(Sem-l)RAMF(Ml)/G.
2000 Contd.
Or
(viii) State the features ofhandicraft and handlooni| 9
(e) Mention two features of primary agriculture Discuss the problems encountered in
credit co-operatives. conducting rural credit survey and state the
objectives of such survey. 5
3. Answer the following :
(a) Explain the need for micro finance and state
(a) Examine the urban-rural linkage and expl^i the mechanism of micro-credit delivery
their mutual complementary role of one ov< system. 10
the other.
Give an account of co-operative movement The figures in the margin indicate full marks
in India for promotion of economic for the questions.
development. 10.
Answer all questions.
(c) Describe the Reserve Bank of India's (RBI)
policy on credit allocation to rural sector.. 10 Choose the correct answer : 1x10
(iv) Separation. 1
(Hi) What is repatriation ?
(i) In the. selection process an interview which!
follows a set sequence of questions is called
(iv)' Describe Kaizen.
. I
(i) Stmctured interview j (v) What is a free interview.
(ii) Unstructured interview j
I (vi) What are perquisites ?
(Hi) Field review technique j
I
(iy) None of the above. ' 1 (vii) What is the link between Globalization and
HRM.
(v) What are the objectives of wage and salary' What do you understand by placement and
administration ? <
induction ? State the various objectives of
induction.
(vi). What is a learning organisation ?
OR
2013
FINANCIAL ACCOUNTING-I
Paper : 103
Full Marks : 80
(b) Accounting.Concept
«rR»rt
(c) Liabilities
Contd.
(g) Hire charge ■ slf^UW. 21^
(f) Default by hire purchaser (b) Write the two defects ofsectional balancing
, ledger,
^
*tKf^ I
(g) Right of lien of Hire vendor
^ip3ff %
pBit 1
(a) Mention two roles of Accounting principled
y \ ''
.1
3. Write the answer of the following briefly : Or
5x4=2d
How does Sectional Balancing Ledger help
in internal check system.
Or Or
(b) Mention the essential features of self ,(i) Cash down payment at the time of
balancing ledger system. signing the agreement on 1.1.2008 was
Rs 10,811.
^5rR*nfl?i 71^
, ■ ; 5%^
2008 10,811^^511^
fell
4(Sem 1)FACT/G
4(Sem 1)FACT/G 5 Contd.
(ii) Five annual instalments of Rs 770Oj (vi/ Accounting year end6d on 31st
the first to commence at the end of December in each year.
twelve months from the date of cash
down pajmient. ^
^^ 12 c*|^
Calculate the cash price,ofthe machine.
7700
. ^1 •
15000 ^^1
4(Sem I)FACT/G 4(Sem 1)FACT/G Contd.
The terms of the lease are as fbllows :
^I
(1) The lessee should pay Rs 5 for everjj (4) The, royalty are payable on 31st
December of each year.
magnifying glass produced.
operation out ofthe excess working it^ ' , You aip required to calculate shortworking.
the next two follpwing years
Shortworkings in the second or
subsequent years may be recovered out
ofariy excess in the year next following 4^ Name the diffesrent parties interested iii accounting
that in which the shortWorking arose /-information and explain why they need it.
asm
■ ^SRH ?rt^ 1^ ^1
f%
" 10
4(Sem 1)FACT/G 10
4(Sem 1)FACT/G 11 Contd.
Credit Balances transferred from,
. 1 . - ' . ■ •
Or
Bills accepted
200^^^15^5R^t^'
2010'5=1^ 30^^5tftc^^5rl^ 800
^^sTTOi ^1
2010^5|Rc4 1800^5^^i5n5^t^R#t^^5^
^3010"5^^ ^^5%.
On 30^ September' 2010, Mainul expressed his
£i^ 1 .
inability to continue and Samiran Product Limited
seized the property. It was agreed that Mainul • Or /
would pay the due proportion of the instalment
upto the date of seizure and also a further sum of Emon Motor Service Company purchased a motor
Rs 200 towards depreciation. At the Time of car on instalment payment system from Sunny
repossession, Samir^ Product Limited valued the Motor Limited on 1.1.2008 under which payment
furniture at Rs 1500. was to be made on December 31 for 4 years
@ Rs 50,000 per annum,interest being calculated
30 2010 I5c?r(^
at 5% p.a. The cash down price of the car was
Rs 1,77,300.. Depreciate the car at 10% p.a. on
<pRc°i I ^
the Diminishing Balance Method. Write up the
Motor Car Account and Vendor Accoimt in the
^pR^^^5iw?iwR^ ^ 200 book of Emon Motor Service Company over the
R^i first four years. 5+5=10
si^RfRzito 1,500 ^iPif<tiRtci I
4(Sem 1)FACT/G 16 4(Sem 1)FACT/G 17 Contd.
The output of the fu'st four years were (figures in
,'s^'^Rjvp ^ PiPicGvb^ ^ 200^ tons) :
\5tto;§5^^5%^ I 31 50,000
40t <ilf^ ,Rf^ 5^ FiRst %f^)
<pfi<]'lq <i*n<i^^I ^3T'=s>fj%^ TP
2008 — 12,000, 2009 — 30,000,
1,77,300 WM ;v£P»is,1^^H 10^^
X5I^^ ^P=5#^ ^
I Ffj^ 2010 — 60,000, 2011 — 5.6,000
C^M^^'<|51v5"^tR -SttfR tll^M^RC!J5^5hI
%M£t^^l i Prepare Shortworking Account arid Mr. Anil
•. ■ , ■"' I Account (Landlord A/c) in the book of Hiren.
5+5=10
On 1.1.2008, Hiren acquired on lease from Mr,
Anil, certain ihica fields at ^minimum rent of rJ
48,000 p.a., merging into a royalty of Re i pj '2ms ^ I '
ton of mica ore raised. The shortworkings werel
recovered in next two years of such shortworkingsj Or / ^7^
only, but on condition that if full shortworkings!
could not be recovered in the next year, Hirenl Pragati Company Limited holds a lease of coal
would lose Ms right to recover 50% of thei mine from Usha Limited at a royalty of Rs 2 per
unrecoVered balance of shortworkings.
. ■ . : ■. ■ ' ' ■ V "K; ■ h".' , ■ - ^ ton of coal produced with a minimum rent of
1.1.2008 erf^ ^ I ^ Rs 4000 p.a., the shortworkings being recoverable
' ^
48,000 ^ 4R fte^ -s^ out of the royalties of the next two years.
I ^#q?[R^ a5tl% (35^1#! PlRcBtvij ^ PiRcGvm 'Rt WlR
C^JIR
lifst srt^ ^ 2 Wlc<p
<l^vs
^ 400Q «fRf ^ I
^ 'Rt C5RR I
4 (Sem 1) FACT/G 18 19 Contd.
4 (Sem 1) FACT/G
After working in the mine for two years Pragal lotal number ofprinted pages-}2
Company Limited sublets parts of the mine to IV 4 (Sem-l) INFS
Limited at a royalty of Rs 2.50 per ton witii t 2013
minimum rent of Rs 2000 per annum. M Limilec
has right to recover shortworking during the firs
INDIAN FINANCIAL SYSTEM
three years of the sub-lease.
Paper : 104
Full Maries :80
Annual Production (In tonnes) ^tfw Choose the most appropriate answer from the
multiple choices given against each : 1x10=10
2008 2009 2010 2011 2012
R<p?i<
Pragati
Company 1200 1400 1900 2000 2000
Limited (i) "Financial system basically refers to the
M. Limited 700 800 900 . transfer offunds from surplus sector to deficit
sector of an economy" This statement is :
Calculate shortworking, royalties receivable an^
payable by Pragati Company Limited ^^
SfecGf :
(a) True -
am%it^ 3?^ T|cpfi ^1 I^
(b) False -
Contd.
4(Scm I)FACT/G innnrfc
(ii) Capital market deals with
(b) 1935
t31Uo vgfj^ ?
c^HuJiw^
(c) Both (a) and (b) (iv) Which of the following is not NBFI ?
(b) ^55^^ c<pHu5t 1^€t?r ?
(a) 1934
(d) LICI
bJ!>vs8 ^
%R %rf
4(Sem-l)INFS/.G
4(Sem-1)INFS / G Contd.
fd) All of the above
(vj 'At the time of granting loan commercial
^tffe 1
banks occupy the position of creditor". The
Statement is :
fviij 'Merchant Bankers provide mainly fee-based
financial services'. This statement is :
1 <4^ :
'■5^^ c^sC^'
(aj True - I ^ ^l^asr;
(b) False -
fvij Depository system is constituted by :
(d) 19 -
4(Sem-l)lNFS/G Contd.
4(Sem-l)TNFS/G 4 .
(ix) IRDA is a body which regulates the (a) Trading of new issues of new companj
following :
'=5Tit. ^
^:
(b) Trading of new issues ofexisting company
(a) Insurance Sector
%n ^
(a) (b)
(a)^(b)
(d) None of the above Answer the following questions in about 50 words
each: 2x5=10
(x) Which of the following is related with the' (a) Define Scheduled bank
primary market ?
4(Sem-l)lNFS/G 4(Sem-l)INFS/G
> > > f/!
(b) Name any three credit rating agencies
(b) Write a note on call money market.
xol^xs^ fhRiyf c^rD\^2|I^®]r|^
(c) What is 'Commercial paper'? (c) Explain the role of co-operative banks in
Indian economy.
1% ?
4(Sem-l)INFS/G
4(Sein-1)INFS / G Contd.
Or
(g) Briefly highlight the functions of a modem
"What is Capital market ? Explain the methods of
commercial bank.
issue of stock in Primary market. 2+8=10
Or/WW
Or/^smMt
'A well developed financial system is the basis for
the development of the economy of a country". What is credit rating ? Discuss the advantages and
Critically examine the statement. iq disadvantages of credit rating in our country.
■»
2+4+4=10
^
4(Sem-l)INFS/G 10
Or /
BUSINESS ORGANISATION
AND ENTREPRENEURSHIP
DEVELOPMENT
Paper : 103
Full Marks : 80
^0^ :
\Dci\o Jj|Vjl\s<H
4(Sem-l)l'NFS/G
Contd.
(c) Which one of the following is an advantage
of franchising ?
(it) Early stage venture (e) Give one measure that the Government has
adopted to promote Entrepreneurship
development in the country,
. (Hi) Low risk venture
4(Sem l)BOED/G 2
(f) Name one area of miero-enterprise in which Write short answers on the following :
a small entrepreneur can invest in. 2x5=10
^01^0 :
(Hi) Virtual Organisation Discuss the features and the problems associated
"Virtual" with an MNC. 20
(iv) McClalland's Theory of Entrepreneurship o^^vsrlRxp
SwjRvsl "McCIailand" ^ i ^1
(v) Franchising OR
4(Sem 1)B0ED/G 6
Paper : 103
Full Marks : 80
OR
Time : three hours
Explain the reasons for providing assistance and
incentives to entrepreneurs. In this connection The figures in the margin indicate full marks for
describe the government assistance available to the questions^
the entrepreneurs.
Answer all the questions.
>i<pcicci ^^^1^1:71^
t. Answer as directed : 1x10=10
^frstt ;
V0C1VD
»•
Contd.
4(Sem I)BOED/G 10000
(c) Which one of the following is an advantage
(ii) Supply of poor quality goods of franchising ?
<l<^vSrlR)v2lR)^lr|^
4(Scm l)BOED/G
(f) ■ Name owe area of micro-enterprise in which 2. Write short answers on the following :
a small entrepreneur can invest in. 2x5=10
M i
.wn?i^
(h) Theory X 8c Y on Motivation was (Hi). Industrial productivity
propounded by (Fill in the blanks).
"X & Y"^
(iv) Quality control
G) Name one incentive announced by the Writ^ short notes on any five of the following :
^ Government of India to encourage
4x5=20
entrepreneurs in export trade.
"Virtuar'
R<pi*t^fbR
v£RrT cSlI^ 1% 1% ?
OR OR
State the functioris of an entrepreneur. How does What is 'Complete consolidation' ? Also explain
an entrepreneur contribute towards healthy growth the causes of industrial combinations in India.
of a nation's economy ? ^<pGl<P<^ctTitCJT1% ?
vgfnD?! ^ 6blci1\o
4(Sem l)BOED/G 6
Explain the reasons for providing assistance and 'fte figures in the margin indicate full marks for
incentives to entrepreneurs. In this connection the questions.
describe the government assistance available to
the entrepreneurs. Answer all the questions.
%rT :'
Contd.
4.(Sem 1) BOED/G 10000
(ii) Insuring a life or a property with two
insurance companies simultaneously (Hi) Principle ofindiemnity does not apply
is called re-insurance.
to insurance.
^%rr ^
. up! C^5M ^I
(iv) The head office of United India
(Hi) General Insurance business was Insurance Co. Ltd. is situated at
nationalised in the year 1972.
197215^ %rf
. <pl<riqii ^ ^5[tc^ 1
(B) Fill in the blanks : «tlf^ ^.: (c) Select the correct answer : 1x3=3
1 x4=4
4(Sem 1)FINS/G
(4) 2000
(e) What is pension plan ?
(in) The head office of GIC is situated at :
(2) ■ Write brief answer to the following questions : (b) Moral hazard : . m
2x5=10 .mxitioj
wpc iwt :
(c) Insurance broker
(a) State the meaning of surrender value
TTsrPfe I
10
(a) I
(iv) State whether the following relation is correct
or not. 0
^5^ "pRTf 1
4
n /nt n/^
7,4, 1, ... I
StSR't lilUH
C^l (v) Mention one property -of determinants.
1^cti^ w§y^ ^I
2. Answer the following questions : 2x5=10
ly If"C,2 = "C8,findM.
"C|2 = °Q^ '(FT 1^=1^ I (a) A man saved Rs. 16,500 in ten years. In
each ye^ after the first he saved Rs. 100
(ii) Prove that (aTFt^(?() more than he did in the preceding year. How
much did he save in the first year ?
1 I 1 -1 1 -1
log„(abc) logi,{abc) log^{abc) 16,500^ 1
(Hi) Find the slope of the line passing through
the points (-3, -5) and (7, 9). 100 I 'srl^^^vgR^f <jb3^vo
Or/^rl^ Method 1 4 8 2
Method 2 5 7 1
Method 3 _5. 3 9_
3 1"
Show that the matrix >4 = satisfies
-1 2 The column matrix [10 4 6] represents the
the following matrix equation : profit per unit for A, B and C in that order
Using matrix multiplication find which
method maximizes total profit. 7
-5^4+7/=0 where 0 denotes 2x2 zero
matrix.
A B C
A^ -5A +7I=0 0^ 2 X 2^ 1 ~4 8 2~
£t«n^ 2 5 7 1
■
1 3 _5 3 2_
4(Sem 1)BMAT/G 8
1 4(Sem 1)BMAT/G 9 Coritd.
(.aTlq-qj-ap [10 4 6]^ A, B ^5iH» C^ 5. (a) Establish the equation of a line in the fonn
£tf% ^ 0^1^ y = mx+c. 5
c^5|^ sicft^
y = mx+c
CTI^ TRff^^1^<#^I
(b) Find the equation ofthe line passing through
Or/^ri^ the point (—2, 3) and having (i) equal
intercepts on the axes, (ii) intercepts equal
Solve the following equations by Cramer's in magnitude but opposite in sign. 5
rule :
(-2,3) cm
1^ ^5^ (i) X ^sjR; y v5j^ C^^*t
-
(ii) X^^y^ ^ ^
;ii;+ y+z=3
Or /
2x+3y +4z =-l
x +2y-4z=-l The amount demanded of a commodity is
zero units when the price is Rs. 100 and
(b) In how many ways the letters of the word 1000 units when the price is zero. If the
accountants can be arranged ? demand curve is assumed to be a straight
line find its equation.
ACCOUNTANTS ft^rR «Rcct
• 3
c^Ti?it ^ 100 <i^c^K
1000 ^I
(77) (i)
Urn (ii) sff^^WT I X=3
.v->0
X=5 ^ I
Or/^ri^
77 = 2^-132+78
The total cost C of producing x items
is given by : Or / =73^
X ^^ C %
c= flOOO + 5x, C?l1^ 0<x<500
(
CT X = 500^ C I
X, <400
R'{x)=^-6x-2x^, CvsCfl^^ ^ X2 < 700
X\, X2 — 0
(b) Define linear programming problems.
Discuss the importance and the limitations
of linear programming. 2+4=6
2l3R®l 1
'H