Rip “Tyce 27 Duration: 2 2 Hrs ole\een 1) All questions are compulsory. 2) Figures to the right indicate full marks allotted to the question, 3) Working notes should form part of your answer, Q.1A) Select the most appropriate answer from the options given below. (Any 8) (8) 1) Repayment of loan is considered as a) Operating activity b) Investing activity c) Financing activity 2) Incash flow statement, bonus shares issued out of general reserve are a) Notconsidered b) Considered as financing activity ©) Considered as investing activity 3) The principal revenue generating activities of enterprise are a) Operating activities b) Investing activities ©) Financing activities 4) ____is an example of non-monetary item. a) Debtors b) Creditors c) Inventories 5) Balance in exchange rate fluctuation accountis transferred to a) Profit & Loss account b) General reserve account c) Capital reserve account The currency used in presenting financial statement of an enterprise is called as a) Reporting currency b) Foreign currency ©) Official currency 7), On liquidation, last payment is made to a) Debenture holders a b) Liquidator — ©) Equity shareholders 8) Any sum due to employee out of provident fund is an example of __ a) Unsecured creditors b) Secured creditors . c) Preferential creditors. mien tT © arrft me Ren eras Rs 6000 (Securities realised - Rs 80000) Other aq re i ‘ThiMidator's remuneration is 2.5% on assets Tealiseg . ty tion is ' 9) IfSe crgmy ff olggemd Cl ESE ( } a ps 1875 1035 is a well-known startup financing mode where from large number of people Usually through the internet. a) Micro finance b) Crowd funding c) Venture capital Money is Proc takes place. Machinery is an example of monetary items 3) AS-2 deals with fore aaa ‘ent, interest on debentures is Payable upto the date of 5) In statement of affairs, ‘List belongs to 6) Solvent company can also be liquidated, 7) Interim dividend paid on shares is financing activity 8) Payment of salary and wages is eonsideredec Operating activity 9) Increase in current assets results in cash outflow 10) Corporate social responsibility is a self-regulating model that helps a company to become socially accountable unsecured creditors Q2 _ Journalise the following transactions inthe books of M/s Shankar Ltd for the year ended 31% March 2012. (4s) Date ‘Transactions 30-11-2011 | Export of goods worth US$ 60000 to M/s Jackson LAT 3612-2011 | Export of goods worth US $ 70000 to M/s Max Led 27-12-2011 | Import of goods worth US § 40000 from M/s MacMillan Ltd 13-01-2012 _| Received US $ 25000 from M/s Jackson Ltd 17-01-2012 _| Received from M/s Max Ltd US $ 30000 27-01-2012 | Paid to M/s MacMillan Co US $ 20000 10-02-2012 | Received from M/s Max Ltd US $ 20000 19-02-2012 _ | Received from M/s Jackson Ltd US $ 25000 08-03-2012 | Received from M/s Max Ltd US $ 10000 (21-03-2012 | Paid to M/s MacMillan Co US $ 10000 "08-2012 _ | Imported spare parts from M/s Bush Ltd worth US$ 5000 in cash SUG32012 _ | Export of goods worth US $ 20000 to M/s Philips Ltd in cashs under Exchange rate per US$ w: [Date __| Exchange Rate Date | Exchange Rate (Rs) _| 30-11-2011 47.00 | 012 ‘ 4790 ”, 16-12-2011 48.00 19-02-2012 45.00 27-12-2011 48.00 08-03-2012 49.00 13-01-2012 50.00 24-03-2012 46.00 | 17-01-2012 49.00 25-03-2012 47.00 49.00 31-03-2012 49.00 Oh paw ot og. * Ve Pay OR On 31% October 2012, M/s Raman Industries Ltd exported goods worth US $ 60000 to M/s WMS Co USA. M/s WMS Co. paid the installments as under: Date Amount of installments (US $) Exchange rate per US $ 01-12-2012 | 18000 44.00 01-02-2013 12000 46.00 10-03-2013 12000 43.00 17-04-2013 10000 46.00 19-05-2013 8000 47.00 Additional Information 1) Exchange rate as on 31-10-2012 was Rs 45.00 per US$ and as on 31-03-2013 was Rs 44.00 per US $ 2) Accounts are closed on 31st March every year. Prepare WMS Co A/cand Foreign Exchange Fluctuation A/c for the years ended 31-03- 2013 and 31-03-2014 (1s) he summarized Balance Sheet of Full Stop Limited as on 31st March 2017, being the date ‘of winding up is as under: (15) ‘Amt (Rs) | Assets Amt(Rs) Share Capital: Land & Building 520000 5000, 10% Cumulative Preference Plant & Machinery 780000 Shares of Rs 100 each fully paid up | 500000 | Stock 325000 5000, Equity Shares of Rs 100 each, Book Debts 1025000 Rs 60 per share called up and paid up | 300000 | Profit & Loss 550000 5000, Equity Shares of Rs 100 each, Rs 50 per share called up and paid up | 250000 Securities Premium 750000 10% Debentures 210000 Preferential Creditors 105000 Bank Overdraft 485000 Trade Creditors 600000 7 3200000 a 3200000 = > i‘geod iS ia arrears for three years. By 31-03-2017, the assets me ~Rs620000 ~ Rs 310000 text and Machinery ~S710000 Book Debts ~ Rs 660000 5 . ion of the liquidator is 2% Senses of liquidation are Rs 86000. The remuneration : = “mea of assets Income tax payable on liquidation is Rs 67000. Assuming th; rments were made on 31-03-2017, prepare Liquidator’s Final Statement OR ance Sheet of ASCO Ltd as on 31= December 2017 was as under Amt(Rs) | Assets: Land & Buildings Machinery Rs 100 each fully paid up 200000 | Patents 1000, Equity Shares of Rs 100 each, Stock Rs 75 per share paid up 75000 | Sundry Debtors 3000, Equity Shares of Rs 100 each, Cash at bank Rs 60 per share paid up 180000 | Profit & Loss 5% Debentures having a floating charges on all assets 100000 Interest outstanding 5000 Creditors 145000 705000, 7 The company went into liquidation on the above date. Creditors include a loan of Rs'50000 on the mortgage of Land and Buildings. The assets were realized as follows: Land and Buildings - Rs 120000 Machinery — Rs 200000 Patents, ~ Rs 30000 Stock ~Rs 60000 Debtors ~ Rs 80000 The expenses of liquidation amounted to Rs 10900. The liquidator is entitled to a commission of 3% on all assets realized except cash an¢ a commission of 2% on amounts distributed among unsecured creditors. Preferential creditors amount to Rs 15000. Prepare the Liquidator’s Final Statement of Accountquid cue 's Final Statemeng 1a Amt(R 1000 25004 4000 5000 11500 3000 12000 7051 idea loan of lized as follows: is entitled to a nission of 2% on Samountto poet of Abhishek. [Ausets _ Plant & Machinery Land & Building lavestments Debtors Inventories Cash /Bank ne 1-08-22 | 31-03-23 | 1100000 | 1500000 | 1800000 | 1000000 | 150000 | 300000 | 1030000 | 900000 | 4200000 | 1900000 350000 700000 30000 150000 5oooa0 150000 350000 110000 | = 50000 ional formation: : Aone ys chmrgedonthconeningyalus of an an en” 4) Depreciation @ acne cote Rs 150000 (WDY 70900) W328 Arte nd one ere azo made atthe yearend Fea arc hatd towardsincome ax during the eer .st on investinent during the year 4). Rs 15000 received as intere: 5) Building under construction was not subject to any. depreciation You are required to prepare a cash flow statement for the Year ended using indirect method. General Reserve Profit & Loss Debentures Provision for tax Proposed Dividend Creditors ea| 5200000 | 4650000 5200000 31s March 2023 (as) OR 1 March 2013 & 2014 _ 31-03-13 | 31 03-14 | 8,77,000 | 8,98,000 | 2,60,000 | 6,00,000 5,00,000 | 4,40,000 7,00,000 | 7,60,000 2,03,000 | 3,36,000 80,000 40,000 the following is summarized Ralance Sheet of Saket Ltd.as on 3 Liabilities 3 | 31-03-14 | Assets Equity Share Capital ,00,000 | Fixed Assets 109 Pref Share Capital 5,00,000 | Investments Capital Redemption Stock Reserve Sundry Debtors Profit & Loss Cash & Bank. Bank Overdraft Profit & Loss Sundry Creditors Share Issue Exp Proposed Equity Dividend Provision for Taxation 4,00,000 4,00,000 4,00,000 ~ 80,000 50,000 1,00,000 13,40,000. 12,00,000 32,000 40,000 | 80,000 1,20,000 26,60,000 2,16,000 30,66,000 26,60,000 | 30,66,000 dditional information: 1) Bonus equity shares were issued to the existing equity shareholders in the proportion of 1:1, out of the capital redemption reserve on 1-4-2013. ") Additional preference shares were issued on 31-03-2014. Company pays Prt dividend on 31% March every year. 3) Fixed assets were sold for Rs 66,000 on which loss on sale was Rs 34,000 4) Fixed assets costing Rs 4,00,000 were purchased during the year. £. d 31% March 2014 (a5) ference You are required to prepare a cash flow statement for the year end using indirect method. 3 Pees Resse aaQSA) Explain the contents of Liquidator’s Final Statement of Account Q.SB) Explain the diff ference between direct and indir Q.5) Short notes (Any 3) “a 1) Foreign exchange fluctuationa/e 2) Cash flow under Investing A ties 3) Winding up by Tribunal 4) Environmental accounting 5) Human Resource AccountingDura Instructions: a Voge 0ST ial Jo )2]94 1a questions ate compulsory ( allotted to the question. (Figures to the ight indicate ful marks (2) Working notes shoul! form par of your answer o {81 the sentence: (Any 8) siete correct answer from (i BCE Tia and re “Abnormal Gain is equal to 4 Actual Output — Normal OutPut by Input — Actual Output ¢) Actual Output — Input 100, PV Ratio is 20% and Fixed Cost is Rs 30000, ‘A Company has a sales of Rs 400 the profit will be 1) Rs 80000 by) Rs 50000 «) Rs 40000 Actual output is 25000 units, normal Ios 18 +3090 units, abnormal loss is 2000 units the input is a) 20000 ) 30000 u ) 18000 u At break even point the contebution is equal 12 a) Variable Cost b) Sales ) Fixed Cost The objective of Standard Costing is 10 control cost through. a) Estimated Cost b) Standard Cost «) Variance Analysis, tn Contract Costing, loss of material by fire is debited 10. a) Costing P& L Ale ) Contract Ale c) Contractee’s A/e Retention money = a) Work Certified — Work Uncertified +) Contract price ~ Work certified ) Work certified ~ Payment received by Contractor “ In Activity Based Costing, final cost allocations assign costs 10 a) departments a 'b) processes ) activities9. Target Cost Gap a) Target Sales ~ Target Cost b) Estimated Cost = Target Cost ©) Target Sales ~ Estimated Cost 10. At.........stage, the product gains a bigger market as demand builds up, a) Maturity b) Growth ©) Development (b) State whether the following statements are True or False: (Any 7) i 1) Work certified is valued at cost. it) Ifa contract is 45% complete, 45% of the notional profit is credited to the profit and fom ale, 11) Abnormal loss is charged to costing profit and loss account, iv) A by-product has a minimal sale value. ¥) The contribution margin at the b ak-even point is zero. vi) If variable cost per unit increases. then the break-even point will decrease. Vit) Ifthe standard cost is lower than the actual cost, the variance is favourable, viii) Variance ana is is part of marginal costing, ix) ABC will be most useful in estimating fixed cost. x) The first step in benchmarking is planning, Q.2 Soham Infra Lid commenced a contract on 1* April, 2020. The total contract price was for Rs 35 lakhs and it is likely to be completed on 31%! December, 2021. The actual Dabenditure up to 31" March, 2021 and subsequent estimated expenditure up to 31 December, 2021 are given below: is Particulars Actual Expenditure | Estimated Expenditure up to 31-3-2021 from Rs 1-4-2021 to 31-12-2021 Rs Material issued 9,60,000, 6,29,000 Direct labour 4 $0.00 ei Sub-contract charges ,000 Direct expenses a 1,20,000 1,70,000 ‘ 3,00,000 - Machinery purchased rtectian “| Machinery returned to stores at the end 00,009 ofthe Period (original cost) AO Architect fees aNat Materials at site ! . PTO20,00,000 | 50,000 ae 16,00,000)) Cash Received 8,000 contingencies. It was decided that the profit to ¢ taken credit nated net profit to be realized on completion of the contract ‘as on 31° March, 2021, bears to the total contract price, ‘The machinery is subject to annual depreciation @ 20% p.a. on original cost. The Rs 1 would be expected to meet should be that portion of the estim hich the certified values of work ‘Account for the year ended 31% March, 2021 and. calculate profit to be Prepare Contract ‘and Loss Account for the year ended 31% March, 2021. [15] credited to the Profit OR taken two contracts one at Satara and another at Pune. Q.2 Mr. Rohan Contractor has under below for the year ended 31% March, 2021 The details of the contracts are given ic Particulars: Satara Pune | Date of commencement 1-7-2018 = 1-10-2018 Es Rs Rs [Contract Price 20,00,000 30,00,000 [Direct Labour 5,10,000 3,604,000 Material issued 440,000 4,00,000 Material returned 20,000 30,000 [Pi d 4,00,000 r 7,00,000 Chargeable expenses 80,000 60,000 [Office expenses 30,000 20,000 terial sold (cost Rs 16.000) 20,000 - | Material at site 36,000 32,000 [Cash Received (80% of Work certified) 9,60,000 480,000 [Work uncertified 26,000 18,000 [/Sub-contract charges 14,000 6,000 | Provide depreciation on plant at 20% pa. During the year materials costing Rs 20,000 were transferred from Pune contract to Satara contract. Prepare Contract A/cs of Satara and Pune for the year ended 31 March, 2021. U5) Q3 3) A company annually manufactures and sells 10,000 units ofa product, the selling price of which is Rs 50 and profit eared is Rs 10 per unit. The analysis of cost of 10,00) units is: Material cost Rs 1,50,000 Labour cost Rs 50,000 Overhead (50% variable) Rs 2,00,000 Compute: Contribution per unit Profit Volume Ratio Break Even Sales in Rs and in Units iv. Sales required to eam a profit of Rs 2,00,000 (8) PTOb) Calculate material variances from the following data FOr 10 units of Product X, the standard data are Material LOky @ Rs 25 perky Actual data are Actual production — 2000 units Material 'SO80 ky @Rs 27 per ky oR Q3 3) The sales tumover and profit of M/s Ajay Ltd during the two y follows 2021 and 2029 Year Sales Profit 2021 0,000 Rs 60,000 2022 Rs 5,10,000 Rs 75,000 You are required to calculate: i. PV Ratio ii, BEP iii, S iv ales: ‘ales required to cam a profit of Rs 120000 The protit made when sales are Rs 750000, b) From the following calculate Labour Variances: Standard Hours for 6 units = 42 hours Standard Rate Per Unit. == 5 5,60 Actual Production - 2100 units Actual Hours ~ 14500 hours Actual Rate Per Hour - Rs 0.85 ¢ Q-4 M/s ATC provides you the following information for the month ended 31" December, —- Particulars Process |_| Process I | Process lil Raw Materials introduced (kps.) 48000 8,080 [5.420 | Cost of Raw material per kg 12 15 18 Indirect materials (Rs) 66.200 | 83,560 / 86,930 Direct wages (Rs) 3,40,000 | 3,80,000 | —3,70,000 | Chargeable Expenses (Rs) +-1,20,000 | 1,90,000 | 1, 95,000 Manufacturing overheads (Rs) 1,41,000 [—1,25,000 | 1.35.00 Output transferred to next process 60% 50% ae Output sold at the end of the process a sn ay Selling price per kg (Rs) _ - Normal loss (% of total kgs. introduced in the 5% eo 10% Se 10! 15] Serap Value per kg (RS) a 15) Prepare Process Accounts. el ee PTOa cember, Process THI } 135,000 100% 80, 10% oR formation is available regarding Pi srocess A for the month of March, 2021 |x| “sr | Overheads presuming that average method of inventory is used. prepare: 4) Statement of Equivalent Production }) Statement showing cost per each element ¢) Statement of Apportionment of Cost d) Process A Account Qs 4) What is target costing? Explain its tages of Activity Based Costing >) Explain in brief the concept OR Q.5 Write short notes on any 3 of the following: a) Work certified and work uncertified. b) Equivalent Units ¢) Break Even Point ) Material Cost Variance ¢) Normal Loss and abnormal lossQa TYB Gm SEMIE Ertaq J Adit 2 hours 30 min wa ns 75 Note: 1. All Questions are compulsory Jo/3/: 29 2, Figures to the right indicate maximum marks A) Fill in the Blanks (Any Eight): (Do not rewrite the sentence) (08 marks) Ifa casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a meeting. is not eligible {A person who is indebted to the company in excess of Rs. for appointment as auditor of such company. A statement that the auditor's responsibility is to express an opinion on the financial statements is contained in the paragraph. When determining whether an exception is ‘highly material’, the extent to which the exception affects different elements of the financial statements must be considered. This concept is called The auditor's report contains a peragraph explaining that the entity changed from the straight line to the declining balance method of depreciation. The auditor expressed an opinion. ‘The main revenue generation point in hotel industry is, Verification of students’ fee register is 2 step in audit of Register of patients is vouched in the audit of. Cost auditor of a company isto be appointed by The stocks in any are both readily portable and saleable particularly the food and beverages stocks. State whether following statements are True or False (Any 7):-(07 marks) (Do not rewrite the sentence) An auditor need not examine whether all collected GST from hotel customers have been deposited with government within time or not. CARO order 2016 is applicable to the banking company. For calculating the limit of turnover for tax audit, gross sales after adjusting bad debts are to be considered. Environmental auditing & Environmental Impact Assessment are the same. Every Chartered Accountant is an auditor of a company. Title is not an essential of an audit.10. Q2 Q2 Q3 Q3 Q4 Q4 Qs aos = An auditor may reasonably issue an "except for" qualified opinion fs Scope limitation. “te, Management audit is a statutory requirement. ‘The extent to which data will be collected during an Information System Au should be determined based on the auditor's technical knowledge, GST audit is based on additions to assets made during the year, Explain in brief rights and duties of company auditors. as Marky OR A) How is the first auditor of limited company appointed? (08 marig 8) Discuss the procedure for Removal ofa Company Auditor, (07 marks) Enumerate the elements ofan audit report. G5 marks oR 4A) Distinguish between a Clean report and a Qualified report. (07 marks) B) Explain auditor's duty regarding certificates, (08 marks) What are the steps involved in audit of an educational institution? qs marks) OR Specify the matters which auditor of a hotel should verify. (15 marks) A) State the nature and importance of Cost Audit. (08 marks) B) Describe the important areas covered by Environmental Audit. (07 marks) OR Write Short Notes on ANY THREE of the following :- (15) Tax audit Audit of hospital Materiality System audit Casual Vacancy in the office of the Auditor 2 > = aTYE (09. Sem, D | MEM — Josfzz XRG 2 hours 30 mints Marks: 75 Note: (1) All questions are compulsory. (2) Figures to the right indicate full marks, Q L-Answer the following questions: (any two) 8) What is human resource planning? Explain the steps involved inst. b) What is job analysis? Explain its benefits, ©) Discuss the steps in selection process. Q2. Answer the following questior (any two) a a) What is human resource development? Explain its various functions, b) Define training. Explain the methods of training. ©) Explain the modem methods of performance appraisal, Q3. Answer the following questions: (any two) 15 a) Explain the significance of Human Relations. b) Analyse Maslow’s Need Hierarchy Theory of Motivation, ©) What is Grievance? What are the causes of grievance in an organisation? Q4.Answer the following questions: (any two) 15 ) What is spiritual Quotient? What are tl ) Discuss in detail workforce diversity. ©) Write a note on employee engagement the factors affecting spiritual Quotient? 5. (a) Fillin the blanks by choosing the appropriate options given below: 5 1, Under. leadership style, subordinates and superior together make decisions. 4. Laissez-faire b. Participative _c. Consultative 2, Human relation approach has application. a. Universal b, Special, General 3 is a combination of mental, Ability b.Personality ¢Ment hysical and social qualities,4. Employee oe — involves giving employees the autonom a. Empowerment : 'y to take right decision b. Engagement c, Education 53 ———__ organisation Provides autonom: a. innovative b. line 'y to the employees,Ecco Duration: 24% Hours N.B: 1) All questions are Compulsory. ECo 2) Each question carries equal marks \ qf 3)02, necessary 3) Draw a neat diagram wherever n qt. Attempt any two questions from the following: A). Explain Heckscher-Ohlin's treory of international trade. 5) Explain the meaning and types of terms of trade, (Examine the gains from international trade with the help of the offer curve. yee es anu tua autestions from the following: (a5) A) Explain the meaning and structure of the balance of payments. 8) Explain the measures to correct the disequilibrium of the balance of payments. sr World Trade Organisation. (45) €) Write a note on TRIPS and TRIMS agreement under .3. Attempt any two questions from the following: A) expiant: store and participants oF is of the foreign rschangetarket 8) Explain the various func C) Write a note on managed flexipleexchange rate, Ss 44. Attemptany to questions from the following: A) How is the equilibrium exchange rate determined? Explain wit 6) critically ev-~sne ene absolute and relative Purchasing P Uy Discuss the role of RBI in foreign exchang Q.5. A) State whether the following statements True or False with reasons. (Any Four) (8) f) laceine ereeeece the capacity ofa country to import from its export income. 2) Related an+-—-rv2tting services are one of the attributes of the terms of trade. r 3) roreign Aid received by a country will come in the current accounts of BOP. 4) Intellectual property rights take the form of copyrights. 5) GATS related to Copyrights. 3 Flexible exchange rates system isuncertain in nature. 7) Unilateral recei ‘ ae ceipts are one of the factors to generate foreign exchange. revent i aan o prevent the appreciation of the rupee aj lar, the RBI sells US dollar.7 | 1) Economic Seography of international trade developed by the i _ a) Jacob Viner, ©) Taussig, 4) Paul Krugman b) Adam Smith, 2) Weommodity Y requires 2 Fequites | unit of Capital and a. Capital intensiy Units of Capital and 2 units of | 4 units labour and at the of Labour then comm, Same odity Y is tim e * commodity, ¢, Both capital and labour-intensive comma b. Labour-intensive commodity, d. None ofthe abor 7 °) The single factorial ter ™ of trade was de velop A)JacobViner, 4) ‘Adam Smith: uissig, — Se, ie 'Snot one of the causes oC tie eticit in the balance of vayments, & Increase in import, Fall in export, © Capital inflow, 4. Capital, ) Achronicand Persistent disequilibrium iscalled as disequitip, ee a) Shortrun, 5) Long-run, ©) Cyclical, 4) Structural, “Aes te ave fe domesnceirg in terms of foreign Currency is calleg Devaluation b) Revaluation aphical iii Sad, i T enters the ward exch a the risk, a “Arbitrage, g, Speculate the fixed exchangé rat SYSteM The cscthang, rate “determined by te the Centra) bank, G State ( “ernment, 4. The wort banF bcemsoatl EX Poca 17]3]2, Pree Duration ~ 2 hrs. 30 min, Marks - 75, Q 1 a Answer the following questions (any two). (15) 4) Explain the benefits and incentives to special economic zone. 4) Whatare the functions of MPEDA? ©) Explain the role and functions of Chambers of commerce Answer the following questions (any two). (15) a) Discuss diferent types of risks in export marketing. b) Differentiate between bre shipment and post shipment finance. ) Whatis the role OF SIDBI in export finance? Answer the following questions (ny two) ae qs) 3) Explain the role of Custom House Agent in exporting of goods. b) Explain the customs clearance or shipment procedure in export. ©) Discuss the agencies involved in quality control and inspection. Answer the following questions (any two) (as) 8) What is commercial invoice? Explain its importance to importer as well as exporter. ) What is the significance of Mate's receipt? ©) Write a note on duty drawback, A) State whether: following statements are True or False. (5) 1) IFT stands for Indian Institute of Foreign. Treasury. 2) ‘There is credit risk involved in the case of advance payment method. 4) SEZ is specifically delineated duty payable area, ' (PT0) Qala La LA4) Let ship Order is not necessary in India. 5) Mate "eceiptis issued by the Customs House.MAWTODRA TOY “TG Com TL 2 Hours & 30 Minutes 9 Marks:75 PH tructions: a) Attempt all questions ») Question no.1 to Q. 4 has an internal choice, Answer either A or B ©) QS answer both sections = A and B «) Figures to the right indicate full marks, ration 4 A _ Define work team, Explain sel managed, cross-functional and virtual teams. 15 or B How does diversity and ability of team members affect team efficacy? Discuss the ways to create an effective team player? ‘A _ Define leadership. Explain the trait theories to leadership 15 Or . B Whatare the characteristics of a charismatic leaders? Highlight the ‘dark side” of charismatic leaders. ‘A Define organizational culture and explain its primary characteristics. Present 15 briefly the essence of adhocracy, clan, market and hierarchy type of culture. Or B Write a note on ethical and positive organizational culture. 15 What are the individual and cultural differences in the experience of stress? Or Describe the physical and psychological effects ofstress. Present the B individual techniques to cope with stress. Select the most appropriate answer from the options given below and 07 write the complete statement (any 7) 1 Inwork individual efforts results in performance that is greater than the sum of individual parts. i) group fi) team cadre iy) culture 2 Effective teams that show high level of are better able to adapt to conflict among members. ii) reflexivity iy) diversity i) moderation iii) preference 3 Situational leadership theory focusses on li followers” i) ‘leader iii) task iv) leader and followers, both Page 1 of 2= o situation. In Fiedler’s theory, is not part of the situatio i egree of task structure Leader-follower relationship ii) degree iv er’s feelings Leader's position power iv) follow A positive overall workplace climate is related to higher customer satisfaction ii) higher financial Performance neither A or B iv) both Aand B The actions of have a major impact on the organization's culture, top management ii) subordinates coworkers iv) employees Changes in the business cycle create uncertainties. economic ii) political social iv) technical Stressors that keep you from Teaching your goals are stressors, hindrance ii) challenge social iv) intermediate State whether the fol lowing statements are true or false and give reasons. (any four) An abundance of. resources directly reduces the ability ofa team to perform effectively, Itis not possible to create an effective team player, Management by exception is the characteristic of transformational leader ocialization, Resistance to change is observed with the employees alone, Hindrance stressor are less stressful compare to challenge Stressors,T YER pie apt We OSU) Soe 2013/72 Max, Marks: 75 Duration ; 2 Hrs. 30 Min. NBs 1 Allquestions are compulsory authes to the right indicate maximum marks: 1 (A) Attempt any FOUR from (a), (b), (c), (a), (e) and (f) inEXCEL (4) 365, (True or False ) (a) SLOWER ( “corona” ) returns CORONA. {b) INDEX( } function returns position of a column. (€) GOAL SEEK can be used to compare different scenarios while taking a decision, (a) SOLVER can be used to solve a problem having more than one unknowns, $ {e) HLOOKUP( ) function allows only an “exact match”. (A) The default summary function for a Pivot Table is COUNT( ) (8) Attempt any SIX from (g), (h), (i), (i), (K), (N, (m), (9) and (6) (0) in E-Commerce. ( True or False ) {g) Cash on Delivery method of payment is not allowed in E- Commerce. {h) Encryption means converting cipher text into readabletext. (i) Amazon is an example of P2P E-Commerce. ()_APortal earns revenue through subscriptions. {k) Online retail stores are called as Content Providers. (I) Financial fraud in F-Commerce is a punishable crime. (m) Digital Signature is a must while doing online shopping. (n) Transaction Brokers earn money every time when atransaction occurs. {o) Technology used in M-Commerce is based on Wireless Application Protocol. ©) ‘Attempt any FIVE from (p), (a), (0, (s), (t), (v), (¥) and (w)in E (5) Commerce. ( Multiple Choice ) {p) Yahoo isan example of a (a) Taller {b) Portal (c)_ Transaction Broker (d) None of these (a) The protocol which handles credit card transactions is (a) cTP (b) sit () set. (d) TCP (r) SSL stands for (a) Secure Sockets Layer (b) Security Service (c) Service system Logic (d) None of these (s) Senderand Receiver have different kéys in| (a) Public Key (b) Secure Key to Private Key (4) Symmetric Key (t)_Non-repudiation in E-Commerce means Security Availability (b) N Non-denial (4) Confidentiality (u) The process of converting cipher text into readable text iscalleg (a) Encryption (b) Fishing (Q) Decryption (4) None of these (v)_ The full form of B2C in E-Commerce is (3) Buyer to Customer ne (b) Business to Consumer (©) Bank to Code (d) None of these (w) Commercial transactions done with the help of ‘mobile phones or PDA’s is known as (2) ECommerce (b) M-Commerce (2) P-Commerce (d)_None of these “a Answer any ONE from (a) and (b) in E-Commerce, (3) (a) _ What is €-Commerce ? Explain any four characteristicfeatures of E-commerce. (©) What are the advantages of commerce? (8) Answer any ONE from (c) and (d)n E-Commerce. ” (c)_ What is meant by a Revenue Model? Explain cn, models in E-Commerce ge screren (2) Explain different payment options available in E-Commerce. (a) ‘Answer any ONE from (a) and (b)in EXCEL 365, (2) Consider the following screenshot of a worksheet, (3) 4: Write Steps to display the following:(b) Suppose youre planing to () Incol ve lumn F, cisplay SIGNAL-1 as “BUY” if PE value wane ss than or equal to 9, otherwise "SELL". ae G, display SIGNAL-2 as “BUY” if either P is below 500 or DYIELD is greater than 0, f otherwise display “SELL”. (ii) __Incolumn F, display SIGNAL-1as “BUY” if PE less than or equalto 9 and at the same time PB is ess than 1.20, otherwise display SIGNAL-1 as "SELL" start business of making Cupcakes You have decided to make 100 Cupcakes. The costs associated incells with efferent aspects for making 100 Cupcakes 27@ 6°" B1 to BS respectively. 4 Explain how would you use Goa per Cupcake if you wish togeta prof 1 seek in order to decide the price itof Rs, $000: 7 (4) in EXCEL 365. : (7) anaes he foo ana wortshest shown Me + tizens in RUPEES: basis of INCOME of the senlor(A) (8) (a) fa) (b) (co) ‘A manufacturer produces Chairs and Tables for which there are two machines for processing namely M-1 and M-2 Manufacturing 1 Chair takes 3 hours in M-1 and 4 hours in M.2, Manufacturing one Table takes 5 hours in M-1 and 6 hours jn M-2, Machine M-1is can be utilized for a maximum of 120 hours and Machine M-2 can be used for at most 140 hours, Profits per Chair and Table are Rs. 100 and Rs. 200 respectively, Explain how you will use SOLVER in order to solve the above Lpp in order to maximize the Profit. ‘Answer any ONE from (a) and (b) in EXCEL 365. (8) Explain the use of any FOUR functions with examples. (3) REPLACE() (1) UPPER() (2) LeFT() (4) UTRIM() (5) FIND() (6) MATCH() The following screenshot of a worksheet shows the cost of living in the city of Mumbai. re he [2 COME: 75000 fs [RENT 12000 le ooo 5000 ls evecreicrry | 4500 le [rue 3000 [7 OTHER. 20000 le isavines Suppose you are thinking of shifting out of Mumbai. So you have collected the data of RANCHI and BENGALURU. Explain the steps to create Scenarios for MUMBAI, RANCHI and BENGALURU, showing SAVINGS in each of these cities, by changing the values of cells B2 to B7. For RANCHI : INCOME 65000, RENT 5000, FOOD 5000, ELECTRICITY 7500, FUEL 9800, OTHER 10000, For BENGALURU : INCOME 85000, RENT 17500, FOOD 8500, ELECTRICITY 4300, FUEL 5200, OTHER 17500. ‘Answer any ONE from (c) and (d) in EXCEL 365, ”) Consider the following screenshot of a worksheet showing Student's details.( CNOA NAME MATHS SUYASH NISHANT any. THANE Write Steps to perform the following: (I) To display the number of Students having marks less than 75 in both FC and MATHS, In cell C10, (Ii) To display the sum of marks in ECO oftall the Female students from THANE region, In cell CLA, (Iii) To display the average marks in EVS of all the MALE students from KURLA region, In cell C12. (d) Consider the following screenshot of a worksheet which shows the details of the Items sold by agents In two branches of Rakesh Jewellers,D A a custip | ame 1 2 | 421 nan 1/122] Zanianin 4 | 12a] serial 5 | 12a |-ANusiia 6.) 125] yoorsi_| (i) Write VLOOKUP; ) function that should be entered in cell 810 to display the NAME of customer whose CUST-ID jg 122, (li) Write VLoOKUP; ) function that should be entered in cell C10 to display the READING of customer whose CUST-Ip is 124, (ili) Explain how to use VLOOKUP( ) to display the BILL AMOUNT in column 0 using following criterion ) READING BILL AMOUNT TO 100 300 101 TO 300 500 | 301 T0 700 700 | 701 TO 1060 1000 (b) Consider the following screenshot of a worksheet in EXCEL 365. a BASES B 1 REGION PRODUCT | Mumear OREO 2 3! “Mumpal— | Bourn vita 3 4_[ NAVI muMBAt|BOURN VITA 80 S\| THANE DAIRY MILK 20 6 | PUNE OREO 39 7) THANE [Bourn vita 7 8 THANE OREO 65 9| pune DAIRY MILK © 10/ NAVI MUMBA] OREO’ 35 1 [ NAVI MUMBAI | DAIRY MIEK_| Explain how to obtain the following summary reports using Pivot Table. (i) Product wise average Quantity sold and maximum. Quantity sold. (ii) Region wise total Quantity Sold. Now also add Slicer so as to filter this table according to Product. Answer any ONE from (c) and (d) in EXCEL 365. 0) a (c) Consider the following screenshet of a worksheetshowing the no. of washit five months. ling machines of diferent brands sold inTMB com Sem I Baleno Direch 9 Incline f Feng, puration: 2 Ye hrs. Total Marks: 75 28,03 instructions: (1) All questions are compulsory Ke) he | (2) Figures to the right indicate full marks allotted to the question. (3) Working notes should form part of your answer. Q1(0 Fillin the blanks with appropriate options: (Any 8) (8) a) M& Co. a registered supplier of Maharashtra wants to opt for composition levy. The maximum turnover limit for composition levy is (Rs 50 Jakhs, Rs 75 Lakhs, Rs 1.5 crores). ) Balance in Electronic Credit Ledger can be utilized against payment of (Output Tax Liability, Interest, Penalty). GSTis based tax (country, state, destination). 4) Services of funeral, burial, crematorium or mortuary including transportation of the deceased shall be treated as (supply of goods, supply of service, neither supply of goods nor supply of service). 2) supply shall attract 1GST. (intra-state, inter-state, both intra & inter-state). ) Person making any taxable supply compulsory required to obtain registration under GST (intra-state, inter-state, inter-district). supply is naturally bundled and supplied in conjunction with each other (Composite, Mixed, Intra-state). h) Mr. A sold goods worth Rs 76,800 inclusive of 14% CGST and 14% SGST. The basic price of goods shall be (Rs 60000, Rs 76800, Rs 67368) is the time of supply of vouchers when the supply with respect to voucher is not identifiable. (Date of issue of voucher, Date of redemption of voucher, Date of entry in the books of accounts) i) shall not be included in the value of supply. (Subsidies by NGO, Subsidies by Central Govt, Subsidies by Corporate Associations) (Il) State whether the following statements are True or False: (Any 7) o a) A Casual Taxable Person making taxable supply in India has to compulsorily take registration. b) Services of transportation of passengers in metro will be exempt. ) Value of supply includes subsidy given by Central or State Govt. d) The tax paid under reverse charge mechanism can be used as input tax credit. e) TIN is issued by the collecting bank on successful credit: of deposit of tax. f) The highest rate of tax levied under IGST is 28%. g) Even an unregistered person who is liable to be registered is a taxable person. h) Buying and selling of second-hand goods is not subject to GST. i) Goods are classified in the GST regime in India using SAC Code. j) Interest or late fee or penalty for delayed payment of consideration is include? intransaction value of supply. rcompute the Taxal ae GsT rate for all the given to you of Mr. Ar rticulal Mumbai to Nashik. [Tolle igiwayel To receipts fom highway ash F Gomis ong as commission agen of AED] [Commission Rom acting ea a ch didnot amount ‘Carried out certain process as job work wh | manufacture k ble Service 4 Supplies may (Gasman to| sf rom permanent transfer of trademark ____ [soo 5__| Royalty from permanent tr ae ar oe ‘Commission from acting as cot jon agent ( 7 [Coaching of CA Entrance Exam [Transportation charges, freight collected per trip was Rs 600 [ Courier charges ae | Service of transport of passengers by ropev | Transportation charges of sugar | Commission earned on toll receipts oR Q2 3) Mr Pritesh isa Chartered Accountant provides you following information (10) (b) Determin' under for (Sr.No, iE Particulars STROH A Ce __| Paid rent for office jee 60/00nH) z > Certification Fees received Tai, —_| 45,000 eived commission from acting as commission agent oF] : Reledgeey ym acting as commission agent of 34,500 { Provided services to RBL 39,000 ;-Kemuneration received for providing coach Received fees for consultancy work ems 3, ae ——*ecelved salary from employer for part ime job aon Q3 (a) Saniya Suresh CGST and $ | Packing ch [ Inspection Payment [behalf of Sé 3 (a) Deter verse charge sr.No, | Date of receipt | D: mine Time of Supply in following cases @ ate of payment assuming that GST i by recipient of payable under Date of issue of invoice by supplier of goods | 28-7-202 of goods | goods 1 | : 2-8-2021 1-9-2021 2 2 | _ 38-2021 | 23-7-2021 | 2 7-204 3 +—Jp-2021 | Part payment made on 29-7-2021 and 28-7-2021 \ | balance on 17-8-2021 | a + | 68-2021 | Payment is entered in the books of 2-7-202 | account on 27-7-2021 and debited in | | recipient's bank account on 29-7-2021_ 1B-2021 | Payment is entered in the books of | 29-7-2021 | account on 30-7-2021 and debited in recipient's bank account on 26-7-2021 6 1-9-2021 i 1 7 2-9-2021 | | 8 | 1-10-2021 _ 10-10-2021 (b) Determine the time of supply in the following cases assuming that GST is payable under forward charge : a” Sr.No. batelaed supply of [Date of issue of [Date of receipt of | ri invoice 1 28-6-2021 9-7-2021 ms ar 28-6-2021 28-6-2021 3 28-6-2021 9-7-2021 a (4 10-7-2021 28-6-2021 a 5 10-7-2021 28-6-2021 cs 6 10-7-2021 9-7-2021 Wl 12-8-2021 20-8-2021 OR Q3 (2) Saniya Pvt. Ltd has provided th er i Sea oa 1 following particulars relating to goods sold by it to | [List price of the goods (exclusive i of taxes and di Municipality taxes paid on goods aa Src 0 ) 00 CGST and SGST on goods Packing charges (not included in price goods) I Pi calf of Saniya Pvt. Ltd “spection and certification charges ayment i i ‘nt of incidental expenses made by Suresh Pvt. Ltd to third parties on | |a ee gi [a Saniya Pvt; Ltd received Rs 4,000 as a subsidy from Central Govt. on sale of such », The list price of Rs 1,00,000 mentioned above is after considering such subsidy, ¢., Pvt. Ltd offers 5% discount on the list price of the goods which is recorded in th for theg Determine the Value of Taxable Supply made by Saniya Pvt. Ltd, (8) (b) Find out Place of Supply in the following cases: 1. Mr. Dev boards a Hyderabad ~ Pune fight. He buys lunch in the flight. The packets are loaded into aircraft at Hyderabad. The airline is regis Hyderabad and Pune. Mr, Nilesh of Mumbai purchases ¢ ticket for watching a movie in a Chen Cinema Hall 3. Mr. Xresident of Mumbai goes to Banglore for plastic surgery. 4. A Ltd, an architectural firm at Chennai, has been hired by ABC Builders o; Mumbai to draw up a plan for a high rise building to bé constructed by them in Punjab. 5. Ms, Sejal of Mumbai gets a DTH installed ather home from TATA Sky. 6. Ms. Divya of Punjab takes a post-paid mobile connection from Vodafone Ltd, a company based in New Delhi. 7. M/s S Ltd provider of beauty salon services, located in Goa. Mr. T came from Kolkata to Goa after appointment for beauty treatment. The service is provided in Goa. @ Q4 Mr. Rahul, a supplier of goods, pays GST under regular scheme. He is not eligible for any threshold limit exemplion. He has made the following outward taxable supplies ina tax period: | Particulars Rs Intra-state supply of goods _| 16,00,000 Inter-state supply of goods | 6,00,000 He has also furnished the following information in respect of purchases made by him in that tax period: Particulars Rs | Intra-state purchases ofgoods | 6,00,000 | inter-state purchases of goods | 1,00,000 He has following Input Tax Credits with him at the beginning of the tax period: Particulars | Rs : CCST. 60,000 SGST 60,000 IGsT. 140,000 Note: ; a) Rate of CGST, SGST and IGST to be 6%, 6% and 12% respectively. upplies are exclusive of taxes, wherever applicable. Both inward and outward st Fait conditions necessary for availing the ITC have been fulfilled. (15) Compute the net GST payable by Mr. Rahu for thetax period. ORa ed in the manufacture of « “ff A geet © of computers, It ny the month of August 2021, ee ag din the manufacturing 7 Transportation of aE | Raw material terial to the factory for consumption afenpl Foods iten Motherboar s 15,000, is mis ons working in the facto at (One invoice on which GST payable w 1 Sen ‘Z urchased capital g i ai lain pital goods which are capitalized at full invoice value in of GST and depreciation is availed on the full invoice > [Power supply purchased which ar to be received in two installments. First installinent has been received in August, 2021. | jwermine the amount of Input Tax credit available with XY Ltd for the ygust 2021 by giving necessary reason for treatment of various items. ) Mr. Sandeep supplies Goods and Services from Kalyan. He provides the month of (07) following quails retaining to the business for the month of January 2022. Determine his eligibility for Registration under relevant Goods and Service Tax Laws. No. Particulars Service charges within state s ‘Amount (Rs) 1 _ 2 __|Intra-state Goods Taxable @ 18% (Exclusive of GS Export made to Singapore “1 Linera-State Goods Taxable @ 5% (Exclusive of GST) pees |= [intrastate Services Taxable @ 12% (Exclusive of GST) 6 [Intra-State Goods wholly exempt under GST s a Explain the term supply under GST and give examples of deemed supply’ (b) State the provisions forthe Composition Levy under CGST Act. OR 5 Write short notes (Any 3): 2) Goods 1) Compulsory Registration under OST ¢) Benefits of GST 4) Negative list under GST ) Composite and Mixed Supply. iL (8) (8) @ (as)