B.B.M Question Papers

St. Joseph’s College of Commerce B.B.M. 2014 II Sem Fundamentals Of Accounting Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH / APRIL 2014

BBM – II SEMESTER

FUNDAMENTALS OF ACCOUNTING

Duration: 3 Hours                                                                                           Max. Marks: 100

SECTION – A

  1. Answer ALL the following questions. Each carries 2 marks.               (10 x2 = 20)

 

  • What is a debit note? Give an example.
  • What is accounting? State any two branches of accounting.
  • Define Accounting concepts and Accounting convention?
  • What do mean by journalising and posting?
  • Name the various types of cash books maintained in a business?
  • What is contra entry? Give an example.
  • Distinguish between balance sheet and trial balance – any two.
  • What is meant by Rectification of errors? Mention any two types of errors.
  • Classify the following accounts:

Wages Account,  Capital Account,  Interest Account, and Stock Account.

  • Mention any four uses of final accounts.

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                        (4 x 5 = 20)

 

  • What is double entry system? Briefly explain the rules of double entry system.

 

  • Show the accounting equation on the basis of the following transactions:
    1. Rajesh started business with cash Rs 9000
    2. Purchased equipment for cash Rs 7400
    3. Purchased goods on credit Rs 2,650
    4. Paid Rs 300 to creditors
    5. Sold goods for cash Rs 2,000 (cost price Rs 1,200)

 

  • From the following balances, prepare a trial balance
Particulars Amount Particulars Amount
Drawings 2000 Bad debts 550
General expenses 4740 Loan to Ramesh 7880
Buildings 20000 Sales 68000
Stock 16540 Purchases 40000
Wages 8515 Bank overdraft 10000
Debtors 6280 Capital ?
Creditors 2500

 

14) A) Mr. A had a capital of Rs 45,000 on 31/3/2007. He had also goods amounting Rs 25,000, which he had purchased on credit and the payment, had not been made. Find out the value of the assets.

  1. B) After a period of one month he came to know that he had suffered a loss of Rs 2,500 he withdrew Rs 1,500 for his personal use. Find out his capital and assets of the business.
  • Enter the following transactions in the simple petty cash book.
Date Particulars Amount
1/8/2007 Received a cheque to open petty cash book 1,000
5/8/2007 Bought postage stamps 50
8/8/2007 Paid for stationery 80
10/8/2007 Sent telegram 70
12/8/2007 Paid for cartage 50
14/8/2007 Paid tiffin charges for customers 130
20/8/2007 Balance due to Mr B paid 60
25/8/2007 Paid auto charges of the salesmen 70
28/8/2007 Paid coolie 90
29/8/2007 Purchased paper clips 40
31/8/2007 Paid electric charges 80

 

  • You are required to rectify these errors which were located before the preparation of the final accounts
    1. An amount of Rs 37,500 posted to the cashbook as against cash sales of Rs 3,75,000.
    2. An amount of Rs 5,000 spent towards wages for installation of a machine posted to wages account.
    3. Rs 10,000 received from Mr S posted to Mr R’s Account.
    4. Sale to Mr S has been wrongly posted to purchase book for goods worth Rs 28,000
    5. Repairs to plant amounting to Rs 567 had been charged to plant and machinery account.

 

SECTION – C

  • Answer any THREE Each carries 15 marks        (3x 15 = 45)

 

  • Enter the following transactions in the subsidiary books of Soundarya Saree Shop for the month May 2013.
May 1 Purchased from Pathi Silk Kendra 100 silk sarees at Rs 250 each
May 5 Purchased from NSR and Co 200 Silk Sarees Rs 1,000 each
May 7 Sold to Mr Kumar on account 50 printed sarees at Rs 300 and 100 silk sarees at Rs 1,000 each.
May 8 Claimed for damages from Pathi Silk Kendra Rs 500
May 9 Returned damaged goods to NSR and Co 5 silk sarees.
May 12 Purchased from Sudharshan silks 150 Mysore silk at Rs 250 each, 100 handloom sarees at Rs 750 less trade discount at 10%
May 15 Sold to Mr. Kala on account 20 printed sarees at Rs 300 each, 25 silk sarees at Rs 1,300 each, and 20 mysore silk saree at Rs 300 each less trade discount 5%.
May 20 Sold to kusum 40 handloom sarees at Rs 1,000 each
May 21 Kumar returned 10 printed sarees and 20 silk sarees.
May 25 Returned to Sudharshan’s silk 25 mysore silk
May 27 Returned from Kusum 10 handloom sarees.
May 30 Purchased from Nandi Silk 400 sarees at Rs 500 each.

 

 

  • Journalise the following transaction in the books of Ravi for the month of Jan 2007
Date Particulars Amount
Jan 1 Started business with cash 1,00,000
Jan 1 Paid into bank 50,000
Jan 2 Goods purchased for cash 30,000
Jan 3 Purchased furniture paid by cheque 10,000
Jan 5 Sold goods for cash 20,000
Jan 8 Sold goods to Ramesh 10,000
Jan 10 Purchased goods from Ajay 15,000
Jan 12 Goods returned to Ajay 1,000
Jan 15 Goods returned by Ramesh 5,00
Jan 18 Cash received from Ramesh

Discount allowed to him

  9,300

200
Jan 21 Withdrew from bank for personal use

Withdrew from bank for office use

 2,000

12,000
Jan 25 Paid telephone rent for one year 1,200
Jan 28 Cash paid to Ajay in full settlement of his account 13,700
Jan 31 Paid for stationery Rs 4,400 rent Rs 2,000 and salaries to staff Rs 5,000  

 

  • Draw the two-column cashbook from the transaction for the month of March 2012.
March 1 Balance of cash in hand Rs 6000
March 2 Received cash from Sohan Rs 1000
March 4 Paid into bank Rs 1800
March 6 Paid to Mohan for goods purchased Rs 2000
March 7 Received Rs 1800 from cash sales
March 8 Paid for cash purchases Rs1920 and received Rs 80 as discount.
March 8 Withdrew for personal use Rs 1000
March 10 Received Rs 1160 from Kapoor and allowed Rs 40 as discount
March 12 Drew from bank for office use Rs 800
March 15 Paid cash for electricity charges Rs 120
March 20 Paid rent Rs 320
March 24 Cash sales Rs 1400
March 27 Deposited in bank Rs 1000
March 30 Paid cash for advertisement Rs 80
March 31 Paid salaries in cash Rs 140

 

  • Prepare ledger account from the following transaction for the month of April 2004
Date Particulars Amount
April 1 Mr. Ram started business with a capital 50,000
April 2 Purchased furniture 5,000
April 3 Bought goods on credit from Mr. Vinod 8,000
April 14 Sold goods to Mr. Sham 5,000
April 15 Received cash from Mr. Sham 3,000
April 18 Purchased goods for cash 12,000
April 25 Sold goods for cash 8,000
April 28 Paid rent Rs 1,200 1,200
April 31 Paid Mr. Vinod 3,000

 

  • From the following particulars taken from the books of Suresh and Co prepare the bills receivables and bills payable book and post them to ledger for the month of March 2012.
Date Particulars
1/3 Acceptance received from Roy payable three months after date for Rs 6500
5/3 Accepted Subhash’s draft for Rs 4000 for 2 months
12/3 Drew a bill on Yusuf for Rs 2500 for 3 months
20/3 Gave Rajesh our acceptance for Rs 5000 payable 4 months after date
22/3 Roy’s acceptance for Rs 6500 was retired under a rebate of Rs 100
25/3 Received a bill from Naresh for Rs 1000 for 1 month
28/3 Accepted bill of Patel for Rs 4500 for 2 months
30/3 Accepted Subhash’s draft for Rs 2000 for 1 month
30/3 Drew a bill on Yusuf for Rs 2000 for 2 months and accepted by him payable at Bank of India, Bangalore.

 

SECTION – D

 

  1. Compulsory Question.          (1 x 15 = 15)

 

  1. From the following trial Prepare trading and profit and loss account for the year ended 31st March 2007 and Balance sheet as at that date from the following particulars.
Particulars Debit (Rs) Credit (Rs)
Capital —— 30000
Drawings 5000 ——
Purchases 40000 ——
Carriage outwards 500 ——
Returns outwards —— 1000
Sundry expenses 800 ——
Bad debts 300 ——
Sales —— 60000
Postage 200 ——
Wages 1000 ——
Bills payable —— 3000
Discount 500 ——
Land 18000 ——
Machinery 7500 ——
Sundry creditors —— 8500
Sundry debtors 10500 ——
Salary 1500 ——
Investments 3000 ——
Opening stock 13200 ——
Cash in hand 500 ——
TOTAL 102500 102500

Adjustments: Closing stock Rs 10300, make a provision for bad debts at 5%, depreciation machinery by 6%, outstanding salary Rs 400, interest accrued on investments Rs 90, wages paid in advance Rs 50.

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  1. JOSEPHS’ COLLEGE OF COMMERCE (AUTONOMOUS)

BBM – II SEMESTER

FUNDAMENTALS OF ACCOUNTING – SCHEME OF VALUATION

 

SECTION A

  1. 1+1
  2. 1+1/2 each
  3. 2 marks
  4. 1+1
  5. ½ marks each
  6. 1+1
  7. 1+1
  8. 1+1/2 each
  9. ½ each
  10. ½ each

 

SECTION B

  1. 2 + 1 each
  2. 1 each
  3. ANSWER Capital Rs 26005 (steps 1+ 1/4 each +Ans 1)
  4. ANSWER 70000, 41000, 66000 (1+2+2)
  5. ANSWER 280 (1/2 each)
  6. 1 each

 

SECTION C

  1. Purchase Book 526250, sales book 197275, PR book 11750, SR book 33000 (5+5+3+2)
  2. 1 each
  3. Cash balance 3780 (1 each)
  4. 2 each

 

SECTION D

  1. Gross profit 17150, Net profit 12065, Balance sheet 48965 (5+5+5)

St. Joseph’s College of Commerce B.B.M. 2014 II Sem Business Environment Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – APRIL 2014

BBM – II SEMESTER

BUSINESS ENVIRONMENT

Duration: 3 Hours                                                                                                 Max. Marks: 100

SECTION – A

  1. Answer ALL the following questions. Each carries 2 marks.                    (10 x2 = 20)

 

  1. Mention the objectives of industrial policy.
  2. Write a note on Environment Protection Act.
  3. What is unemployment and underemployment?
  4. State any two solutions to solve the problem of population in India.
  5. Define acquisition.
  6. State any two objectives of today’s business.
  7. Define technological environment.
  8. Mention any four challenges of international business.
  9. Mention any two types of patents.
  10. What do you mean by Hacking?

 

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                                  (4 x 5 = 20)

 

  1. Briefly explain the macro and micro environment of business.
  2. Analytically discuss the role of government in business.
  3. Explain the powers and functions of the competition commission.
  4. Critically evaluate the importance of fundamental rights.
  5. Explain the influence of culture on business.
  6. Critically examine the monetary policy of the RBI.

 

SECTION – C

  • Answer any THREE Each carries 15 marks                                  (3x 15=45)

 

  1. Discuss in detail the various modes of entry into global business.
  2. Explain in detail the various offences that are recognized under the IT Act, 2000.
  3. Discuss the characteristic features of Indian economy and explain the factors affecting the economy.
  4. What is Business Environmental analysis? Explain the process of analysis and mention its limitations.
  5. Discuss the role and responsibilities of Judiciary, Executive and Legislature.

 

 

 

 

Section – D

 

  1. Case study – Compulsory question.                                   ( 1 x 15 = 15)
  1.  

Technology has brought about dynamic changes in the way organizations work. And organizations that use the latest technologies have shown tremendous growth compared to those that have resisted such technology.

 

It is quite evident that in today’s technology era; more and more organizations are showing a preference for the latest technologies to improve their businesses.

 

Of all the technologies, information technology has a special place and has become indispensable.

 

Questions:

 

  1. “Organizations that have been using the latest technologies have shown tremendous growth compared to organizations that resist change. However, transfer of technology or adoption of a newer technology is not an easy process.” Comment.

 

  1. Write in your own understanding the important channels and methods of technology transfer.

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 II Sem Additional English Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination –  March /April 2014

BBM – II Semester

ADDITIONAL ENGLISH

Time: 3 hours                                                                                                                         Max Marks: 100

 

Note: Do not exceed the paragraph limit. Doing so may result in loss of marks.

Each paragraph should contain a minimum of five sentences.

Section – A

Read the passage and answer the questions.

Reading Literature Makes Us Smarter and Nicer

Gregory Currie, a professor of philosophy at the University of Nottingham, recently argued in the New York Times that we ought not to claim that literature improves us as people, because there is no “compelling evidence that suggests that people are morally or socially better for reading Tolstoy” or other great books.

Actually, there is such evidence. Raymond Mar, a psychologist at York University in Canada, and Keith Oatley, a professor emeritus of cognitive psychology at the University of Toronto, reported in studies published in 2006 and 2009 that individuals who often read fiction appear to be better able to understand other people, empathize with them and view the world from their perspective. This link persisted even after the researchers factored in the possibility that more empathetic individuals might choose to read more novels. A 2010 study by Mar found a similar result in young children: the more stories they had read to them, the keener their “theory of mind,” or mental model of other people’s intentions.

“Deep reading” — as opposed to the often superficial reading we do on the Web — is an endangered practice, one we ought to take steps to preserve as we would a historic building or a significant work of art. Its disappearance would imperil the intellectual and emotional development of generations growing up online, as well as the perpetuation of a critical part of our culture: the novels, poems and other kinds of literature that can be appreciated only by readers whose brains, quite literally, have been trained to apprehend them.

Recent research in cognitive science, psychology and neuroscience has demonstrated that deep reading — slow, immersive, rich in sensory detail and emotional and moral complexity — is a distinctive experience, different in kind from the mere decoding of words. Although deep reading does not, strictly speaking, require a conventional book, the built-in limits of the printed page are uniquely conducive to the deep reading experience. A book’s lack of hyperlinks, for example, frees the reader from making decisions — Should I click on this link or not? — allowing her to remain fully immersed in the narrative.

That immersion is supported by the way the brain handles language rich in detail, allusion and metaphor: by creating a mental representation that draws on the same brain regions that would be active if the scene were unfolding in real life. The emotional situations and moral dilemmas that are the stuff of literature are also vigorous exercise for the brain, propelling us inside the heads of fictional characters and even, studies suggest, increasing our real-life capacity for empathy.

None of this is likely to happen when we’re scrolling through TMZ. Although we call the activity by the same name, the deep reading of books and the information-driven reading we do on the Web are very different, both in the experience they produce and in the capacities they develop. A growing body of evidence suggests that online reading may be less engaging and less satisfying, even for the “digital natives” for whom it is so familiar. Last month, for example, Britain’s National Literacy Trust released the results of a study of 34,910 young people aged 8 to 16. Researchers reported that 39% of children and teens read daily using electronic devices, but only 28% read printed materials every day. Those who read only onscreen were three times less likely to say they enjoy reading very much and a third less likely to have a favorite book. The study also found that young people who read daily only onscreen were nearly two times less likely to be above-average readers than those who read daily in print or both in print and onscreen.

To understand why we should be concerned about how young people read, and not just whether they’re reading at all, it helps to know something about the way the ability to read evolved. “Human beings were never born to read,” notes Maryanne Wolf, director of the Center for Reading and Language Research at Tufts University and author ofProust and the Squid: The Story and Science of the Reading Brain. Unlike the ability to understand and produce spoken language, which under normal circumstances will unfold according to a program dictated by our genes, the ability to read must be painstakingly acquired by each individual. The “reading circuits” we construct are recruited from structures in the brain that evolved for other purposes — and these circuits can be feeble or they can be robust, depending on how often and how vigorously we use them.

The deep reader, protected from distractions and attuned to the nuances of language, enters a state that psychologist Victor Nell, in a study of the psychology of pleasure reading, likens to a hypnotic trance. Nell found that when readers are enjoying the experience the most, the pace of their reading actually slows. The combination of fast, fluent decoding of words and slow, unhurried progress on the page gives deep readers time to enrich their reading with reflection, analysis, and their own memories and opinions. It gives them time to establish an intimate relationship with the author, the two of them engaged in an extended and ardent conversation like people falling in love.

This is not reading as many young people are coming to know it. Their reading is pragmatic and instrumental: the difference between what literary critic Frank Kermode calls “carnal reading” and “spiritual reading.” If we allow our offspring to believe carnal reading is all there is — if we don’t open the door to spiritual reading, through an early insistence on discipline and practice — we will have cheated them of an enjoyable, even ecstatic experience they would not otherwise encounter. And we will have deprived them of an elevating and enlightening experience that will enlarge them as people. Observing young people’s attachment to digital devices, some progressive educators and permissive parents talk about needing to “meet kids where they are,” molding instruction around their onscreen habits. This is mistaken. We need, rather, to show them someplace they’ve never been, a place only deep reading can take them.

Answer all the questions in a paragraph.                                                                     (3 x 5 = 15)

  1. What have you understood by the phrase “Deep Reading”?
  2. Distinguish between “carnal reading” and “spiritual reading”.
  3. What are the statistical difference between those who read onscreen and those who read printed books?

Answer all the questions in about three paragraphs      .                              (2 x 10 = 20)

  1. What is the central argument presented in the above article? Do you think providing statistics help in understanding the argument or does it make the writing very technical? Give your thoughts.
  2. How can you relate your personal reading habits with the above article? Comment on the way in which technology is altering our habits, especially our reading habits.

Section – B

Answer any three questions in about three or four paragraphs each.    (3 x 15 = 45)

  1. “The ghost of Akakii Akakievich still haunts a shivering man in an old overcoat, huddled in the corner of a London bus, and The Overcoat reminds us that we are far from being complete men and women 200 years after Gogol’s birth” writes a critic in a Telegraph article. How relevant do you think is the story The Overcoat to the present times? Use your general observations and readings to answer this question.
  2. What is the kind of village society that is described in Lankesh’s short story Classmate? What kind of an impact did that society have on the writer? You can use instances from the story in your answer.
  3. What were the events that led to the death of Akaky Akakievich? Who do you think played a major role in all that happened till his death? Give reasons.
  4. How does the story The Card Sharper’s Daughter become or not become a moral tale? Defend your position by giving evidences from the story.

Section – C

Answer all the questions in two or three paragraphs each        (2 x 10 = 20 )

  1. What was the speaker in the prose poem Let’s Beat Up the Poor trying to accomplish by beating the beggar? Why do you think the poem is titled so provocatively?

 

  1. Discuss any two poems in detail that you have done in the class. You can also relate the poems with your experiences, other readings or any event.

 

 

St. Joseph’s College of Commerce B.B.M. 2014 V Sem Income Tax – I Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

BBM – V SEMESTER

INCOME TAX – I

Time: 3 Hrs                                                                                                   Max marks: 100

SECTION – A

  1. I) Answer the following questions. Each question carries two marks. (10×2=20)
  2. Define Assessee.
  3. Define Person.
  4. Give four examples of Agricultural Income.
  5. Who is Resident and Ordinarily Resident?
  6. How do you treat income from sub-letting?
  7. Mention any four incomes exempt u/s 10.
  8. How do you treat salary of a MP?
  9. Define Salary.
  10. How is composite letting out building with furniture treated?
  11. How do you ascertain the residential status of a HUF?

SECTION – B

  1. II) Answer any FOUR Each question carries five marks. (4×5=20)
  2. X, an Indian citizen who is appointed as senior taxation officer by the Government of Nigeria, leaves India for the first time on September 26, 2013 for joining duties in Nigeria. During the previous year 2014-15, he comes to India for 176 days. Determine his residential status for the assessment years 2014-15 and 2015-16.

 

  1. Write short notes on Statutory Provident Fund and Public Provident Fund.

 

  1. Calculate taxable Gratuity in the following cases:

 

  1. If Mrs. Seetha comes under Payment of Gratuity Act 1972
  2. If Mrs. Seetha does not come under Payment of Gratuity Act 1972.

Mrs. Seetha retired on 15th January, 2014 from VEL Ltd., after rendering 35 years and 7 months of service. She received Rs.1,97,200 as gratuity at the time of retirement.
She was getting Rs.11,000 p.m. as salary from 1st August 2013 and Rs.10,000 before August 2013. But she was receiving DA (entering service benefits) at Rs.1,000 p.m. throughout without any change.

  1. Calculate taxable pension of Mr. Ajay who was working in TAF Ltd., and retired on 30th April 2013. He received a pension of Rs.24,000 p.m. On 31st December 2013, he commuted 2/3 his pension for Rs.1.64,000.
  2. Assume he receives gratuity
  3. Assume he does not receive gratuity

 

  1. From the following calculate taxable Leave Salary

Name of the employee                    :  Mr.Bajawat

Name of the employer                    :  V&Co Ltd

Leave salary received                      :  Rs.4,00,000

Salary at the time of retirement:  Rs.14,000 p.m.

Duration of service                          :  23 years and 8 months

Leave entitled for every year of service: 40 days

Leave availed while in service:  4 months.

  1. Briefly explain the characteristic features of Salary.

 

   SECTION – C

III) Answer any three questions. Each question carries 15 marks.           (3×15=45)

  1. X furnishes the following information of his income earned during the previous year relevant to the assessment year 2014-15:
  Rs.
Interest on German development bonds (two fifths received in India) 60,000
Income from agriculture in Bangladesh, received there but later on Rs.50,000 is remitted to India (agricultural activity controlled from Bangladesh) 1,81,000
Income from property in Canada received outside India[Rs.76,000 is used in Canada for meeting educational expenses of X’s daughter in USA and Rs.10,000 is later on remitted to India]

 

 86,000
Income earned from business in Kampala which is controlled from Delhi (Rs.15,000 is received in India) 65,000
Dividend paid by a foreign company but received in India on April 10,2013 46,500
Past untaxed profit of 2008-09 brought into India in 2013-14 10,43,000
Profits from a business in Madras managed from outside India 27,000
Profits on sale of a building in India but received in Sri Lanka 14,80,000
Pension from a former employer in India, received in Rangoon 36,000
Gift in foreign currency from a friend received in India on January 20, 2014 80,000

Find out the gross total income of X, if he is (a) Resident and Ordinarily a Resident, (b) Resident but Not ordinarily a Resident, (c) Non-Resident in India for the Assessment Year 2014-15.

  1. X (63 years), a sales executive in A Ltd., in Delhi gets the following emoluments during the previous year ending March 31, 2014:
  • Basic salary: Rs.54,000 p.m.,
  • Dearness allowance(forming part of salary for superannuation): Rs.2,000 p.m.,
  • Entertainment allowance Rs.24,500 p.m.,
  • Special allowance: Rs.50,000 p.m.,
  • House rent allowance: Rs.9,000 p.m., rent paid by her: Rs. 16,000 p.m.
  • Helper allowance for domestic use: Rs.5,000 p.m.
  • The employer-company provides a Maruti Alto car for personal use of Mrs. X (employer’s expenditure: Rs.1,37,800, depreciation of the car @10%: Rs. 12,600.
  • The employer also provides free club facility for personal use of Mrs. X (expenditure of the employer: Rs.52,100)
  • Free lunch (cost being Rs.55 per day for 100 days).
  • While her employer contributes Rs.7,000 p.m. towards provident fund, she contributes Rs.8,000 p.m.
  • Her income from other sources is Rs.1,67,900.
  • Interest credited on August 10, 2013 @12% in the provident fund account is Rs.30,000.
  • During the year, Mrs. X pays insurance premium of Rs.10,000 on insurance policy on the life of her mother and Rs.3,000 on her own life insurance policy (sum assured: Rs.50,000). Premium of Rs.9,000 on insurance policy on the life of her husband falls due on March 23, 2014, though she pays the same on April 13, 2014.

Determine the total income from salary of Mrs. X for the Assessment Year 2014-15.

  1. X (50 years) a production manager of ABC Ltd., which is engaged in manufacture of computers, gives the following particulars of his income relevant for the assessment year 2014-15:
  Rs.
Basic Salary 60,000 p.m.
Bonus 20,000 p.a.
Commission 70,000 p.a.
Entertainment Allowance 30,000 p.a.
A rent free unfurnished house has been provided in Madras, lease rent of the house Rs.2,50,000 p.a.
  • Employer has provided free use of an Opel Corsa 1398cc car for official as well as personal purposes: expenses of the employer: Rs. 50,000 (out of which 30% is attributable towards personal purposes). Car can also be used by the family member of X. A sum of Rs.6,000 is recovered from X for using the car for private purpose.
  • The employer pays a sum of Rs.400 on account of profession tax on behalf of X.
  • On June 10, 2013 ABC (P)Ltd., gifts a computer, manufactured by it on its founder’s day to X (cost of the computer to the employer being Rs.24,900).
  • Employer’s contribution towards recognised provident fund: Rs.90,000 p.a. Contribution of X towards provident fund: Rs.5,000.
  • Payment of insurance premium by Mrs. X on X’s insurance policy Rs.4,000. He also contributes Rs 60,000 towards public provident fund.

 

Determine the taxable income of X for the assessment year 2014-15.

 

  1. X (66 years) has occupied three houses for his residential purposes, particulars of which are as follows:
  House I (Rs.) House II (Rs.) House III (Rs.)
Standard Rent under the Rent Control  Act(*not applicable) 15,000 20,000 *
Municipal Valuation 10,000 30,000 30,000
Fair Rent 18,000 18,000 35,000
Municipal taxes paid 1,200 2,400 3,600
Repairs – – 200
Insurance premium 1,200 1,300 600
Ground Rent 1,800 7,000 400

X borrows Rs. 90,000 @ 20% per annum for construction of House III (date of borrowing: June1, 2006, date of repayment: May 10, 2015). Construction of all the houses is completed in May 2011. Determine the taxable income from House Property.

  1. For the assessment year 2014-15, X (age: 66 years) submits the following information:

Income from business                                                 : Rs.8,92,000

  House I (Rs.) House II (Rs.)
Fair Rent 3,50,000 3,20,000
Municipal Valuation 3,60,000 3,50,000
Standard Rent 3,00,000 5,00,000
Annual Rent 6,00,000 4,20,000
Unrealised rent of the previous year 2010-11 10,000 80,000
Unrealised rent of the previous year 2009-10 – 3,00,000
Vacant period (number of months) 2 4
Loss on account of vacancy 1,00,000 1,40,000
Municipal taxes paid 40,000 50,000
Repairs 5,000 7,000
Insurance 20,000 30,000
Land revenue 25,000 40,000
Ground rent 66,000 82,000
Interest on capital borrowed by mortgaging House I (funds are used for construction of House II) 1,40,000 –
Nature of occupation Let out for residence Let out for business

 

Determine the taxable income of X for the assessment year 2014-15 assuming that X pays Rs.60,000 in the public provident fund.

SECTION – D

  1. IV) Answer the following compulsory question.            (1×15=15)
  2. Venugopalis an employee in a private company in Mumbai. He receives the following emoluments:
  • Salary (due on last day of every month : Rs.60,000 p.m.
  • DA (enters) : 60% salary
  • Holiday trip allowance : Rs.12,000 p.a.
  • EA : Rs.4,000 p.m.
  • HRA up to 30.9.13 : Rs.12,000 p.m.
  • Rent free accommodation was provided to him w.e.f 1.10.13. The employer was living in a hired accommodation for which he paid the rent @ Rs. 12,000 p.m. The same accommodation was hired by employer at a rent of Rs.14,000 p.m. and given to employee w.e.f. 1.10.13. The cost of furnishing amounted to Rs. 90,000
  • Employers contribution to RPF Rs.12,000 p.m. (same amount is contributed by him)
  • He has also been provided with two small cars i20 and Maruthi Swift which he uses both for private and official purposes. Expenses incurred on cars during P.Y
  I20

Rs.

 Swift

Rs.
Cost of car 7,50,000 6,00,000
Petrol 54,000 60,000
Insurance 30,000 36,000
  • An Apple laptop costing Rs.80,000 has been provided to him exclusively for his personal purposes.
  • On 1.4.13 he took loan of Rs.1,00,000 from his employer for purchasing his bike(pulsar 220cc) for his son at a concessional rate of interest of 11.75% p.a. SBI lending rate of interest on 1.4.2013 is 18.35%.
  • He paid professional tax of Rs.2500 p.a.

Compute his Income under the Head Salaries for the Assessment Year 2014-15.

 

 

St. Joseph’s College of Commerce B.B.M. 2014 V Sem Accounting For Management Decisions Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M.– V SEMESTER

 ACCOUNTING FOR MANAGEMENT DECISIONS

Duration: 3 Hours                                                                                     Max. Marks: 100

 

SECTION A

  1. Answer ALL the questions. Each carries 2 marks.                    (2 x10 = 20)
  1. What is the difference between ‘absorption costing’ and ‘marginal costing?
  2. Briefly explain what is ‘KAIZEN COSTING’?
  3. What are ‘activity drivers’ in Activity based Costing?
  4. From the following data calculate break even point in terms of units and also the new B.E.P. If selling price is reduced by10%. Fixed expenses Rs.2,00,000, Variable expenses: Material Rs.3 per unit,  Labour Rs.2 per unit, Selling price Rs.10 per unit.
  5. What is the difference between Break Even chart and Profit/Volume Chart?
  6.  Mention the situations when a product can be priced below the Marginal cost?
  7. P/V ratio is 60% and marginal cost of the product is Rs.50.  What will be the Selling Price?
  8.  Explain, how Marginal costing is applied in measuring the performance efficiencies of a department or product line or sales division?
  9. Explain: (a)  Opportunity Cost  (b) Sunk cost
  10. Define Budget and Budgetary control?

 

SECTION – B

  1. II) Answer FOUR Each carries 5 marks. (4 x 5 = 20)

 

  1. You are required to calculate the Break Even point in the following case:

The fixed costs for the year is Rs.80,000; variable cost per unit for the single product being made is Rs.4. Estimated sales for the period are valued at Rs.2,00,000. The number of units involved coincides with the expected volume of output. Each Unit sells at Rs.20. Calculate the Break even point.

 

  1. Meenakshi ltd manufactures auto parts. The following costs are incurred for processing 1,00,000 units of a component.
Direct materials cost Rs.5 lakhs
Direct Labour cost Rs.8 Lakhs
Variable factory overheads Rs.6 Lakhs
Fixed factory overheads Rs.5 Lakhs

The purchase price of the component is Rs.22. The fixed overheads would continue to be  incurred even when the component is bought from outside although there would be reduction to the extent of Rs.2,00,000

Required

  1. Shoud the part be made or bought, considering that the present facility when released following a buying decision would remain idle?
  2. In case the released (spare) capacity can be rented out to another company for Rs.1.5 Lakhs, what would be the decision?
  1. What is a Cash Budget? Explain the need for a cash Budget?
  2. Discuss in detail about ‘Balance Score Card’?
  3. Briefly explain the process involved in Target Costing?
  4. Asgar Ltd supplies you the following information
Normal capacity of plant 10,000 units
Fixed cost Rs.1,00,000
Marginal cost per unit Rs.75
Estimated selling price Rs.80
Estimated sales volume at this selling price 5,000 units

Suggest whether the plant should be temporarily closed down

 

SECTION –C

  1. Answer THREE questions. Each carries 15 marks.                                          (3 x 15 = 45)

 

  1. A company produces a single product which is sold by it presently in the domestic market at Rs.75 per unit. The present production and sale is 40,000 units per month, representing 50% of the capacity available. The cost data of the product are as follows.

Variable cost per unit Rs.50; Fixed cost per month Rs.10 Lakhs.

To improve the profitability the management has 3 proposals on hand as under

  1. To accept an export order for 30,000 units per month at reduced price of Rs.60 per unit, incurring additional variable costs of Rs. 5 per unit towards export packing duties etc.
  2. To increase the domestic market sales by selling to a domestic chain stores 30,000 units at Rs.55 per unit, retaining the existing sales at the existing price.
  • To reduce the selling price for the increased domestic sale as advised by the sales department as under
Reduced selling price per unit by    Rs Increase in sales expected (units)
5 10,000
8 30,000
11 35,000

 

Prepare a table to present the results of the above proposals and give your comments and advice on the proposals.

 

  1. Work out a flexible budget for overhead expenses on the basis of the following data available and determine overhead rates at 60%, 80% and 100% capacity levels
 

 

 80% capacity

levels

 
Variable overheads

Indirect Materials

Indirect Labour

  

Rs.1,44,000

Rs.64,000
Semi-Variable overheads

Power (80%variable)

Repairs & maintenance (60% fixed)

  

Rs.1,50,000

Rs.60,000
Fixed overheads

Depreciation

Insurance

Others

  

Rs.   27,000

Rs.   20,000

Rs.   79,000

 
Estimated direct labour hours 1,60,000 hours

 

  1. A company is expected to have Rs.25,000 cash in hand on 1st April 2004 and it requires you to prepare an estimate of cash position during the three months. April to June 2004. The following information is supplied to you
Month Sales (Rs.) Purchases(Rs.) Wages(Rs.) Expenses(Rs.)
Feb 70,000 40,000 8,000 6,000
March 80,000 50,000 8,000 7,000
April 92,000 52,000 9,000 7,000
May 1,00,000 60,000 10,000 8,000
June 1,20,000 55,000 12,000 9,000

 

Other information (a) 20% of Sales of each month is for Cash, 50% of credit Sales is collected in the next month and 50% in the following month (b) Suppliers allow credit of half a month (c) Delay in payment of wages and expenses – ½   month  (d) Income tax of Rs.25,000 to be paid in June 2004.

 

 

 

  1. Draw the Break Even chart from the following information:

Output-80,000units

Selling Price Rs.20 per unit

Variable cost Rs.10 per unit

Fixed Cost: Rs.4,00,000

 

  1. What is Activity Based Costing? Briefly explain the steps in Activity Based Costing.

 

Section – D

  1. IV) Compulsory question.                                                (15 marks)

 

  1. An umbrella manufacturer makes an average profit of Rs.2.50 per unit on selling price of Rs.14.30 by producing and selling 60,000 units @ 60% of potential capacity

His cost of sales per unit is as follows

Direct Materials Rs.3.50
Direct wages Rs.1.25
Factory overhead (50% fixed) Rs.6.25
Sales overhead (25% variable) Re. 0.80

 

During the current year, he intends to produce the same number but estimates that his fixed cost would go up by 10%, while the rates of direct wages and direct materials will increase by 8% and 6% respectively. However the selling price cannot be changed

Under this situation, he obtains an offer for further 20%of his potential capacity. What minimum price would you recommend for a further decrease in potential capacity by @20%of his potential capacity. What minimum price would recommend for acceptance of this offer to ensure the manufacturer an overall profit Rs.1,67,300 ?

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 III Sem Services Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M. – III SEMESTER

 SERVICES MANAGEMENT

Duration: 3 Hours                                                                                       Max. Marks: 100

 

SECTION – A

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x2 =20)

 

  1. There is a popular trend that is going around in the event management industry, outline this trend.
  2. “The Royal Rajasthan Palace on Wheels” is a good example of Rotels. Elaborate on the same.
  3. Working women and Greater life expectancy are the reasons for the growth in the service sector. Why?
  4. Give a graphic representation on the service life cycle. Also  clearly mention its components.
  5. How do customers have an influence on other customers?
  6. Elaborate on any two target marketing strategies.
  7. Discuss the two gaps in service designing
  8. Describe what are condominium hotels?
  9. What are the 4 ways in which a B.P.O.is different from a K.P.O.
  10. Classify services based on Profit orientation.

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                                  (4×5=20)

 

  1. Customers give inputs to the operations of service firm, elucidate their importance.
  2. What is the 80/20 model? Outline the different layers of the ‘customer pyramid’ with a table.
  3. When a customer purchases a product, She/he goes through stages while thinking of trying a new service.
    With reference to the above explain the buying decision process
  4. There are different bases of classification of hotels, what are they?
  5. Critically evaluate the Event Management industry.
  6. Categorize Services based on their ultimate user and the options to provide the services. Elaborate on the above.

 

 

SECTION – C

 

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

  1. The entertainment and media industry is expected to reach Rs.2,272 billion by 2018. The Indian E & M industry generated Rs.1,120 billion in revenue in 2013 alone. Validate the above fact with relevant examples.
  2. Pricing is the process of determining what a company will receive in exchange for its service. Validate pricing objectives and the various factors influencing a company for the same.
  3. Analyze ‘The Pareto Principle’ and with reference to the same explicate the customer pyramid.
  4. Diagrammatically break down the Guest cycle.
  5. In order to be an effective and efficient business, you should seek out your segment the market, target customer market and Position your product accordingly. Explain S.T.P.

 

SECTION – D

  1. IV) Case study- Compulsory questions. (15 marks)

 

  1. Kerala has always been considered the ‘back waters’ of India-in a negative way. Tourists thought of it as a nice but far away place, to be visited if you had the time, after covering the more popular destinations like TajMahal, Delhi, Jaipur and Goa. But all that has changed, with a single great campaign, based on a memorable line- God’s Own Country. As Tourism marketers know, a tourist destination sells imagery first and then depends on the tourists themselves to recommend the destination to their friends, relatives and peer groups. For a long time Kerala has advertised its Boat races at Alleppey ( now known as Alappuzha) and the elephant ritual at ‘Thrissur pooram’, and gained some mileage from these too. However the advertising really started getting into the lime light after the tag line “Gods Own Country” was added to the beautiful images. In addition to the foreign tourists, the campaign successfully drew the attention of domestic tourists and as a result Kerala has successfully entered the tourist map of the world. New investments in Kerala include Tourism related projects at Bekal in the Malabar region (north Kerala).

Tangible things such as good air an road or rail connection and availability of different types of hotels and resorts also helped along with the cosmopolitan food habits of Kerala which is probably the only state apart from Goa  where meat and sea food of all types are easily available, to cater to the palates of foreigners who may be predominately non-vegetarian. Ayurveda practitioners also abound in Kerala and the oil massages add to the mystique of the destination. Apart from traditional hill stations like Munnar, Kerala offers a forest experience at Thekkady ( Periyar wild life sanctuary), and in the hills of Wayand district bordering Tamil Nadu and Karnataka.

 

Questions:

 

  1. With reference to the above case, highlight the service marketing mix element Kerala Tourism has emphasized upon. Also discuss the other elements of the service marketing mix.

 

  1. b) Develop a Campaign for your own State/ any other state in India, to attract Foreign Tourists.

 

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 III Sem Human Resource Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M. – III SEMESTER

HUMAN RESOURCE MANAGEMENT

Duration: 3 Hours                                                                                            Max. Marks: 100

SECTION – A

 

  1. Answer ALL the questions. Each carries 2 marks.                                             (10 x 2 =20)

 

  1. Analyze any four objectives of HRM.
  2. What can be the reasons for Attrition? Specify any four.
  3. Give any two problems of Performance Appraisal.
  4. HRP has many barriers. Give any two
  5. What is preliminary interview?
  6. Define Induction
  7. What do you understand by Placement?
  8. Give any two importance of succession planning.
  9. Mention any two purposes of Job evaluation.
  10. Specify any two social security benefits in India.

 

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                                  (4×5=20)

 

  1. HRM must perform certain functions to achieve objectives. Explain them
  2. How does HRP process occur?
  3. Training benefits employees. Elucidate
  4. “Performance Appraisal contributes to firms competitive strengths”, Discuss.
  5. What different career development initiatives can be designed by organizations to develop their employees?
  6. Analyse steps in the selection procedure.

 

SECTION – C

III)      Answer any THREE questions.    Each carries 15 marks.                        (3×15=45)

 

  1. There are several sources of Recruitment. Broadly classify and explain.
  2. ‘A multitude of methods of training are used to train employees’ –Discuss

in detail.

  1. ‘A Reward system is a composition of financial and non financial

rewards’- explain.

  1. Explain most popular methods of Performance Appraisal.
  2. Explain in detail different types of welfare activities available for

Employees in an organization.

 

SECTION – D

 

  1. IV) Case study- Compulsory questions.           (15 marks)

 

When most people think of car-rental firms, the names of Hertz and Avis usually come to mind. But in the last few years, Enterprise Rent-A-Car has overtaken both of these industry giants and today it stands as both the largest and the most profitable business in the car-rental industry. In 2001, for instance, the firm had sales in excess of $6.3billion and employed over 50,000 people.

 

Jack Taylor started Enterprise in St. Louis in 1957. Taylor had a unique strategy in mind for Enterprise, and the strategy played a key role in the firm’s initial success. Most car-rental firms like Hertz and Avis base most of their locations in or near airports, train stations, and other transportation hubs. These firms see their customers as business travellers and people who fly for vacation and then need transportation at the end of their flight. But Enterprise went after a different customer.  It sought to rent cars to individuals whose own cars are being repaired or who are taking a driving vacation.

 

The firm got its start by working with insurance companies. A standard feature in many automobile insurance policies is the provision of a rental car when one’s personal car has been in an accident or has been stolen. Firms like Hertz and Avis charge relatively high daily rates because their customers need the convenience of being near an airport and/or they are having their expenses paid by their employer. These rates are often higher than insurance companies are willing to pay, so customers who use these firms end paying part of the rental bills themselves. In addition, their locations are also often inconvenient for people seeking a replacement car while theirs is in the shop.

 

But Enterprise located stores in downtown and suburban areas, where local residents actually live. The firm also provides local pickup and delivery service in most areas. It also negotiates exclusive contract arrangements with local insurance agents. They get the agent’s referral business while guaranteeing lower rates that are more in line with what insurance covers.

 

In recent years, Enterprise has started to expand its market base by pursuing a two-pronged growth strategy. First, the firm has started opening airport locations to compete with Hertz and Avis more directly. But their target is still the occasional renter rather than the frequent business traveller. Second the firm also began to expand into international markets and today has rental offices in the United Kingdom, Ireland and Germany.

 

Another key to Enterprise’s success has been its human resources strategy. The firm carefully targets a certain kind of individual to hire; its preferred new employee is a college graduate from the bottom half of the graduating class and preferably one who was an athlete or who was actively involved in campus social activities. The rationale for this unusual academic standard is actually quite simple. Enterprise managers do not believe that especially high levels of achievements are necessary to perform well in the car-rental industry, but having a college degree nevertheless demonstrates intelligence and motivation. In addition, since interpersonal relations are important to its business, Enterprise wants people who were social directors or high-ranking officers of social organizations such as fraternities or sororities. Athletes are also desirable because of their competitiveness.

 

Once hired, new employees at Enterprise are often shocked at the performance expectations placed on them by the firm. They generally work long, grueling hours for relatively low pay. And all Enterprise managers are expected to jump in and help wash or vacuum cars when a rental agency gets backed up. All Enterprise managers must wear coordinated dress shirts and ties and can have facial hair only when “medically necessary”. And women must wear skirts no shorter than two inches above the knee or creased pants.

 

So what are the incentives for working at Enterprise? For one thing, it’s an unfortunate fact of life that college graduates with low grades often struggle to find work. Thus, a job at Enterprise is still better than no job at al. The firm does not hire outsiders- every position is filled by promoting someone already inside the company. Thus, Enterprise employees know that if they work hard and do their best, they may very well succeed in moving huger up the corporate ladder at a growing and successful firm.

 

Questions:

 

22.

  1. Would Enterprise’s approach to human resource management work in other industries?
  2. Does Enterprise face any risks from its human resource strategy?
  3. Would you want to work for Enterprise? Why or why not?

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Financial Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER Examination – OCTOBER 2014

B.B.M – III semester

FINANCIAL MANAGEMENT

Duration: 3 Hrs                                                                                                          Marks: 100  Section – A

  1. Answer ALL the questions. Each carries 2 marks.                                (10 x 2 = 20)

 

  1. Explain the concept of ‘wealth’ in the context of wealth maximization objective.
  2. Mention four major responsibilities of the finance manager in a modern business organization.
  3. Explain two features of debt capital. Mention two examples of sources of debt capital of a company.
  4. What is the cost of capital to a company from investor’s point of view and from the company’s point of view?
  5. Explain the differences between business risk and financial risk.
  6. Write a note on cost of retained earnings.
  7. Write two advantages of the modern methods that are used to evaluate an investment proposal of a company.
  8. “A firm should follow a policy of very high dividend pay-out.” Do you agree?  Why or why not?
  9. Explain the motives of holding cash by a company.
  10. Mention four factors that have to be considered while estimating the working capital requirement of a company.

 

Section – B

  1. Answer any FOUR Each carries 5 marks.                         (4 x 5 = 20)

 

  1. a) Ten year 10 per cent debentures of a firm are sold at a rate of Rs. 80.  The face value of a debenture is Rs.100.  40 per cent tax rate is assumed.  Find out the cost of debt capital.

 

  1. b) The current market price of a company’s share is Rs.85. The company’s anticipated earnings of Rs. 1 lakh is to be distributed among 10,000 shareholders. The shareholders’ tax rate is 30 per cent.  Find out the cost of the equity shares.

 

  1. Explain ten factors affecting Optimal Capital Structure of the company.

 

  1. Prepare an estimate of working capital requirement from the following information of a trading concern.
  2. Projected annual sales 1,20,000 units.
  3. Selling price Rs.10 per unit.
  4. Percentage net profit on sales 30%.
  5. Average credit period allowed to customers – 10 weeks.
  6. Average credit period allowed to suppliers – 5 weeks.
  7. Average stock holding in terms of sales requirement – 5 weeks.
  8. Allow 15% for contingencies.

 

  1. Explain Capital Budgeting and its significance.

 

  1. Following information is available with regard to a particular company.
  • Cost of capital of the Company is 12%
  • Earnings per share is Rs.10
  • The Retention ratio is 0%

Determine the value of its shares using Gordon’s Model if:

Rate of return on investment is (i) 15%, (ii) 12% and (iii) 10% and

comment on the results.

 

  1. A project costs Rs.25,000 and has a scrap value of Rs.5,000 after 5 yrs. The net profits before depreciation and taxes for the five yrs. period are expected to be Rs.5,000, Rs.6,000, Rs.7,000, Rs.8,000 and Rs.10,000.  You are required to calculate the accounting rate of return assuming 50% rate of tax and depreciation on straight line method.

 

Section – C

  • Answer any THREE Each carries 15 marks.                             (3 x 15 = 45)

 

  1. M/S Mohan Ltd. wishes to raise additional finance of Rs.20,00,000 for meeting its investment plans. It has Rs.4,20,000 in the form of retained earnings available for investment purposes.  Following are the further details:
  2. a) Debt Equity mix 30% – 70%,
  3. b) Cost of debt up to Rs.3,60,000 – 12% (before tax)

beyond Rs.3,60,000 – 18% (before tax),

  1. c) Earnings per share Rs.4,
  2. d) Dividend payout 50% of earnings,
  3. e) Expected growth of dividend 10%,
  4. f) Current market Price per share Rs.44,
  5. g) Tax rate 50%.

You are required to calculate:

  1. Pattern of raising additional finance
  2. Overall weighted average cost of additional finance.

 

  1. The capital structure of the Progressive Corporation Ltd., consists of an equity share capital of Rs.10,00,000 (shares of Rs.10 par value) and Rs.10,00,000 of 20% debentures.  Sales increased by 25% from 2,00,000 units to 2,50,000 units, the selling price is Rs. 10 per unit, variable costs amounts to Rs. 6 per unit and fixed expenses amounts to Rs.2,50,000, income tax rate is assumed to be 50%.  You are required to calculate the following:
  2. a) The percentage increase in Earnings per share;
  3. b) Degree of Financial Leverage
  4. c) Degree of Operating Leverage

 

  1. X Ltd. has under consideration the following two projects. The details are as under:
   

 

 

Project X

  

 

 

Project Y
Investment in Machinery Rs.10,00,000 Rs.15,00,000
Working Capital Rs.5,00,000 Rs.5,00,000
Life of the Machinery 4 years 6 years
Scrap Value of Machinery 10% 10%
Tax rate 50% 50%

Income before depreciation and tax:

  Rs. Rs.
1st year 8,00,000 15,00,000
2nd year 8,00,000 9,00,000
3rd year 8,00,000 15,00,000
4th year 8,00,000 8,00,000
5th year —- 6,00,000
6th year —– 3,00,000

Calculate the ARR and NPV at 10% discount rate and comment.

 

  1. XYZ Ltd. has a capital of Rs.10,00,000 in equity shares of Rs.100 each. The shares are currently quoted at par.  The company proposes declaration of a dividend of Rs.10 per share at the end of the current financial year.  The capitalisation rate for the risk class to which the company belongs is 12%.  Assuming that the company’s net profits are Rs.5,00,000 and has new investment opportunity of Rs.10 lakhs during the period, calculate:
  2. The market price of the share at the end of the year and
  3. The number of new shares to be issued if:
  4. Dividend is not declared.
  5. Dividend is declared.

Use the MM model.

 

  1. a) Explain the advantages of stock dividend to the shareholders.
  2. b) Mention eight sources of working capital of a firm.
  3. c) Explain Receivables Management.                    (4+4+7)

Section – D

  1. Answer the following question.                                                 (1 x 15 = 15)
  2. An automobile industry is considering investing in a project that costs Rs.6,00,000. The estimated salvage value is zero, tax rate is 50%.  The company uses Straight line depreciation and the proposed project has the following income:

Year               Income after depreciation before tax (Rs.)

  • —–
  • 20,000
  • 60,000
  • 80,000
  • 1,30,000

Determine:

(a) Payback period;  b) Calculate the IRR;    c)  Profitability Index

and interpret the results.

 

 

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Corporate Accounting Question Paper PDF Download

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  1. JOSEPHS COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – SEPT /OCT 2014

B.B.M. – III SEMESTER

CORPORATE ACCOUNTING

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

 

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x2 =20)

 

  1. Give the treatment of following as per the Revised Schedule 6.
  2. Provision for taxation
  3. Journalise the following transaction. Creditors have decided to forego 60% of their claim amounting to Rs 1, 00,000.
  4. Write the journal entry for closing the assets taken over by the purchasing company.
  5. What are accounting standards?
  6. Define Purchase Consideration. Which are the methods for calculating Purchase consideration? Show the journal entry for the same with some imaginary figures.
  7. What is Liquidators Final Statement of Accounts?
  8. Write a note on Valuation of inventories as per “AS 2”.
  9. Explain briefly when does goodwill arise in the books of purchasing company?
  10. What is liquidation? Mention the types of liquidation
  11. What is Internal Reconstruction?

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                        (4×5=20)

 

  1. As per AS 14 state the conditions of Amalgamation in the nature of a merger.
  2. Calculate the purchase consideration from the following
  3. Agreed value of assets taken over   Rs 18, 21,570
  4. Liabilities as per Balance sheet  Rs 3, 21,570
  5. Liabilities not taken over                         Rs     21,570
  6. Payment to Debenture holders of selling Company Rs 1, 50,000
  7. Show the shareholders fund as per Revised Schedule 6 from the following data

Authorised Capital                   2, 00,000 shares of Rs 10 each.

Issued Capital                           1, 00,000 shares of Rs 10 each.

Subscribed Capital                       90,000 shares of Rs 10 each.

Called up Capital                           90,000 shares of Rs 8 each.

Calls in arrears                               60,000 shares of Re 1 each.

Opening balance of Profit and Loss Account:                               Rs   1, 00,000

Profit after tax for the year:                                                               Rs   2, 00,000

Equity dividend @ 10 %.

 

  1. Prepare Liquidators Final Account from the following data

The following particulars relate to a Limited Company which has gone into voluntary liquidation. You are required to prepare the liquidators Final Account allowing for his remuneration at 2 % on the assets realized and 1 % of payment made to unsecured creditors.

Preferential Creditors Rs 10,000
Unsecured Creditors Rs 32,000
Debentures(having floating charge) Rs 10,000
The assets realized the following sums

 

  
Land and Buildings Rs 10,000
Plant and Machinery Rs 18,650
Fixtures and Fittings Rs 1,000

The liquidation expenses amounted to Rs 1,000.

 

  1. Journalise the following transactions with respect to Internal Reconstruction and prepare the Balance sheet after reconstruction.
LIABILITIES Amount (Rs) ASSETS Amount (Rs)
Equity share capital   Plant and machinery 3,00,000
50,000 shares of 10 fully paid 5,00,000 Land and building 4,00,000
10 % debentures of Rs 10 each 2,00,000 Goodwill 20,000
Creditors 2,80,000 Patents 30,000
Interest on debenture outstanding 20,000 Debtors 50,000
    Preliminary expenses 25,000
    Discount on issue of shares 25,000

 
    Profit and Loss A/C 1,50,000
       
Total 10,00,000 Total 10,00,000
       

 

It is resolved by the company on the basis of following scheme

  1. 50,000 shares of Rs 10 each are to be reduced to an equal number of fully paid shares of Rs 2 each.
  2. The claims of creditors are reduced to 60 %.
  3. The amount obtained as a result of internal reconstruction is used to write off Profit and Loss account, Goodwill and other miscellaneous expenditure.

 

  1. Write a note on the meaning, importance and disclosure requirements of Accounting Standard 1 on disclosure of accounting policy.

SECTION – C

 

III)      Answer any THREE questions.    Each carries 15 marks.                   (3×15=45)

  1. The following are the Balance sheet of A Ltd and B Ltd as on 31st March 2013.
Liabilities  A Ltd B Ltd Asset A Ltd B Ltd
Equity Share Capital(Rs 10 each)    50 L  30 L Land& Building  25 L 15.5 L
14%preferenceshare capital(Rs 100 each)    22 L  17 L Plant& Machinery  32.5 L  17 L
General Reserve   4 L  2.5 L Furniture& Fittings  5.75 L  3.5 L
Export Profit Reserve(statutory Reserve)   4 L   2 L Investments   6 L   5 L
Investment Allowance Reserve(Statutory)     1 L Stock  13.5 L  9.5 L
P & L Account   7.5 L   5 L Debtors  9 L  10.3 L
13 % debentures(Rs 100 each)    5 L   3.5 L Cash at Bank  7.25 L   5.2 L
Trade Creditors   4.5 L   3.5 L      
Other Current Liabilities    2 L    1.5 L      
   Total     99 L    66 L     Total  99 L   66 L

 

AB   Ltd is formed to take over A Ltd and B Ltd for the following consideration.

 

      A Ltd

.

  • Issue of 4, 80,000 Equity Shares of Rs. 10 each of AB Ltd at par to the equity shareholders.
  • Issue of 15% preference shares of Rs. 100 each of AB Ltd to discharge the preference shareholders of A Ltd at 5 % premium

 

B Ltd

  • Issue of 3, 50,000 Equity Shares of Rs. 10 each of AB Ltd., at par, to the equity shareholders.
  • Issue of 15% Preference Shares of Rs. 100 each of AB Ltd to discharge the liability of preference share holders at par.

Show the opening entries in the books of AB Ltd and prepare the Balance sheet of   AB Ltd after amalgamation assuming amalgamation on the nature of merger.

 

  1. Green  Ltd went into voluntary liquidation .The assets of the company realized Rs 18,000 and their liabilities amounted to Rs 3,000.The capital of the company consisted of 1,000 preference shares of Rs 10 each on which Rs 8 was called up and paid up. The holders of 600 shares how ever paid full Rs 10 as an advance of calls .Holders of 100 share holders had paid only Rs 6 per share. There were also 1,000 equity shares of Rs 10 each on which 9 Rs per share was called. The holders of 150 shares had however paid only Rs 8, while holders of 300 shares had paid the full Rs 10 in advance of calls. Cost of winding up amounted to Rs 150 .The calls in arrears on preference shares and equity shares   were duly collected by liquidator.

Prepare Liquidators Final Statement of Accounts and compute deficiency in both the cases

 

  1. Assuming the preference shares   has no prior rights as to repayment of capital.
  2. Assuming the preference shares has prior right as to repayment of capital.

 

  1. From the following figures prepare Profit and Loss Account for the year ending 31 st March 2013.

.

 

Salaries               2,25,000
Rent paid                  60,000
Telephone Charges                   4,000
Printing and Stationery                  42,000
Freight outwards                  20,000
Carriage inwards                     2,000
Depreciation on machinery                      3,000
Goodwill written off                      5,000
Purchases               26,00,000
Purchases Returns                      2,000
Sales              33,17,000
Debtors                5,00,000
Creditors                 2,00,000
Stock as on 01.04.2012                    45,000
Discount allowed                      2,000
Sales Returns                    15,000
Profit on sale of machinery                     5,000
Loss on sale of furniture                     6,000
Sale of old newspapers                        800
Interest on debenture                     30,000
Discount received                       1,000
General Expenses                       5,000
Other  Income                       2,000
Loss on account of earthquake                      2,000

            Additional Information

  1. Stock as on 31 st March 2013 is Rs 40,000(Net Realisable value being 35,000).
  2. Provision for doubtful debts is to be provided at 1 % on the amount of debtors.
  3. Debenture interest outstanding Rs 3,000.
  4. Rent of Rs 12,000 is outstanding.
  5. Provision for discount on creditors is to be provided at 2 %.
  6. Prepaid salary amounted to Rs 5,000
  7. Provide tax @ 40 %.
  8. Total number of Equity shares of Company is 20,000 shares.

 

  1. Write a note on Accounting Standard Board, its functions and also explain the meaning, importance and disclosure requirements of AS 18 on related party disclosure.

 

  1. The following is the Balance Sheet of Blue Ltd as on 31.03.2013.
      Liabilities         Rs         Asset              Rs
20,000 shares of Rs 100 each    20,00,000 Goodwill           25,000
12 % debentures       5,00,000 Land and Building          1,50,000
Outstanding Debenture Interest      1,20,000 Plant and Machinery        3,00,000
Creditors      3,00,000 Furniture           80,000
    Stock           70,000
    Debtors           60,000
    Cash at bank          2, 35,000
    Preliminary  Expenses           20,000
    Profit and Loss A/c         19,80,000
Total    29,20,000  Total        29,20,000

The following scheme of reconstruction is executed:

  1. Equity Shares are reduced by Rs.95 per share. They are then consolidated in to 10000 Equity shares of Rs.10 each.
  2. Debentures holders agree to forgo outstanding debentures interest. As compensation 12% debentures are converted into 14% Debentures.
  3. Creditors are given the option to either accept 50% of their claims in cash in full settlement or to convert their claims into equity shares of Rs. 10 each. Creditors for Rs.1, 00,000 opted for shares in satisfaction of their claims.
  4. To make payment to creditors opting for cash payment and to augment working capital, the company issues 50,000 equity shares of Rs.10 each at par, the entire amount being payable along with the applications. The issued was fully subscribed.
  5. Land and building are revalued at Rs.2, 00,000/- whereas Plant and machinery is to be written down to Rs.2, 10,000/.
  6. The balance available is used for writing off accumulated losses, Goodwill and other miscellaneous expenditure.

Pass journal entries and draft the company’s balance sheet immediately after reconstruction.

 

                                                          SECTION – D

       ONE Compulsory Case study                                                           1 x 15 = 15 Marks

     

  1. The balance sheet of Blue Ltd as on 31 st March 2013 is as under.
Liabilities Amount Asset Amount
Paid up Capital

10,000 6 % preference shares of Rs 10 each

   1,00,000 Plant and Machinery  1,50,000
20,000 equity shares of Rs 10 each   2,00,000 Land and building 1,80,000
Reserve       20,000 Stock      80,000
Profit and Loss Account       10,000 Debtors      70,000
6 % debentures   1,20,000 Bank balance      15,000
Creditors       50,000 Preliminary Expenses       5,000
       
Total     5,00,000 Total   5,00,000

                A company Green Ltd took over the business of Blue Ltd. Green Ltd took over Plant and Machinery and Land and Building for Rs 2, 00,000 and 1, 60,000 respectively. Stock of Blue Ltd was taken over at par. Bank balance of Blue Ltd was also taken over by B Ltd. Debtors which were not taken over by Green Ltd were collected by Blue Ltd at a discount of 10%. The only liability which is taken over by Green Ltd is 6 % debentures of Blue Ltd. Creditors are settled by Blue Ltd at par.

Liquidation expenses borne by Green Ltd amounted to Rs 2,000.

 

The purchase consideration was satisfied as follows.

  1. The preference share holders of Blue Ltd were allotted 5 shares of Rs 12 each for every 4 shares held by them.

 

  1. The equity share holders were allotted 5 equity shares of Rs 9 paid up for every 4 shares held by them.

Write journal entries in the books of Blue Ltd to close their accounts assuming amalgamation to be in the nature of purchase.

 

 

 

                                   

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Perspectives In Management Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – October 2014

BBM – I Semester

 PERSPECTIVES IN MANAGEMENT

Time : 3 hours                                                                                                                 Max. Marks: 100

SECTION – A

  1. Answer all the questions. Each carries 2 marks.                                                 (10×2=20)

 

  1. Define motivation.
  2. What is a cooperative  society ?
  3. List any four characteristics of partnership firms.
  4. Explain management by objective.
  5. What is span of control?
  6. What are the various sources of recruitment?
  7. List any four barriers to effective communication.
  8. What is the meaning of co-ordination?
  9. Define HRM.
  10. List out some unethical practices  prevailing  in an organization

SECTION – B

  1. Answer any four Each carries 5 marks.                                            (4×5=20)

 

  1. Differentiate between centralization and decentralization of authority.
  2. Explain briefly Herzbergs  two factor theory.
  3. List and explain briefly the steps involved in managerial decision making.
  4. What are the essentials of a Sound Control System?
  5. Define forecasting and explain the purpose of forecasting in management.
  6. Explain the need and importance of business ethics.

SECTION – C

  • Answer any three Each carries 15 marks.                                       (3×15=45)

 

  1. Define  sole proprietary concern and list its merits  & demerits .
  2. Explain the different leadership styles with  suitable examples .
  3. With the help of a neat diagram explain the process of communication.
  4. Write a short note on Taylor’s and Fayol’s contribution to   field of management.
  5. Explain the different types of tests used in selection

 

 

 

 

SECTION –D

 

  1. Case Study – Compulsory question.                      (15 MARKS)
  2. ROUTINE WORK AND TARDINESS

 

Ferns and Curtains is a manufacturer of curtains and has about 80 tailors. The tailors are of all ages, and they work together in a single large room. Their work consists mostly of processing, orders, which include cutting the cloth to the required dimensions and stitching it as per design. Once an employee learns the work, it becomes routine. Therefore, few employees find the work mentally challenging. Recognizing, that many curtain companies have problems with their tailors, management has established policies that it believes will maintain high satisfaction and motivation. The employee is paid monthly salaries rather than hourly rates, and one is required to punch a time clock. The pay, which includes a year end bonus based on the overall profits of the company, is l0% above the going rate in that geographic area; employee benefits are better than other similar organizations and the work environment is pleasant. Lighting and acoustics are ideal and management encourages friendly and informal relations among employees. Recent attitude surveys showed that employee satisfaction is high. Although the work is somewhat routine, the employees expressed approval of their compensation, supervision, employee benefits and other major aspects of their employment. In spite of the favorable level of employee satisfaction, two problems – tardiness and a high rate of paid sick leave – plague, the managers. They have counseled numerous employees about these problems and at times have warned of possible disciplinary action, but the problem persists. The managers have met the entire group of tailors and explained that because of absenteeism and tardiness an unnecessarily large number of employees are required, a condition that obviously lowers profits and end-of the year bonuses. The managers also appealed to the employee’s loyalty to the company and to their sense of fairness. Management hoped that peer pressure would be extended on  offenders leading to a solution to the problem. But for some reason that did not occur.

 

 

Questions:

a). Why do the employees not respond to the appeals of management?

b). Analyze the motivational factors involved in this case.

c). How would you solve the problem?

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Organizational Behavior Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M. – I SEMESTER

 ORGANIZATIONAL BEHAVIOR

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

 

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x2 =20)

 

  1. What do you understand by contingency approach to OB?
  2. Define ‘self concept’?
  3. What is Job Enrichment?
  4. Why and how do people impress others?
  5. Explain Halo effect?
  6. What is group cohesiveness?
  7. Describe a charismatic leader?
  8. How are values different from attitudes?
  9. Differentiate between functional & dysfunctional conflict?
  10. What is organizational change?

SECTION – B

 

  1. Answer any FOUR Each carries 5 marks.                                  (4×5=20)

 

  1. “Organizational Behavior represents interaction among individuals, groups and the organizations”. Elucidate this statement.
  2. Differentiate between people of type A personality and type B personality.
  3. Differentiate between motivators and hygiene factors with respect to Herzberg’s theory.
  4. Explain any five types of leaders
  5. In order to function effectively an individual has to manage stress what are the techniques used to do so?
  6. Explain the stages of group formation.

 

SECTION – C

 

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

  1. Compare and contrast Classical conditioning with Operational conditioning.

 

  1. What is perceptual selectivity? Explain the external and internal environmental factors on perceptual selectivity.
  2. In what sense are the trait and behavioral approaches to study leadership, two sides of a coin? How are the two approaches essentially different?
  3. How do you modify one’s behavior? Explain.
  4. Discuss in detail the stages of conflict.

 

SECTION – D

  1. IV) Case study- Compulsory questions.          (15 marks)

 

  1. An over confident employee

Firms are downsizing, consumer confidence is plunging. Given the uncertain economic environment, why should anybody give up a secure job?

It may seem odd, but competent people still do it every day. They job-hop in search of greener pastures. Take Sridhar, a software expert in a Bangalore – based firm, who scribbled the following remarks on his exit interview questionnaire.

‘This job is not right for me, I would like to have more input on decisions that affect me, more chance to show what I can do. I do not get enough feedback to tell me if I am doing a good job or not, and the firm keeps people in the dark about where it is headed. Basically, I feel like an interchangeable part most of the time.

In reply to the question whether the firm could have done anything to retain Sridhar, he replied ‘probably not’.

Why do so many promising employees leave their jobs? And why do so many others stay on but perform at minimal levels for lack of better alternatives? One of the main reasons (Sridhar’s reasons) can be all but invisible, because it is so common in so many organizations, a systematical failure to keep good people. Companies should worry about people like Sridhar. By investing in them may actually help reduce turnover, save on training costs, increase productivity, improve quality and reap the benefits of innovative thinking and teamwork.

Human resource professionals and managers can contribute to corporate success by encouraging employees’ empowerment, security, identity and competence. How? By recognizing the essential components of keeping their best people and by understanding what enhances and diminishes those components.

 

 

 

 

Sridhar doubts that his firm will ever change, but other organizations are taking positive steps to focus on and enhance employee retention. As a result, they are reducing turnover, improving quality, increasing productivity, and saving on their training costs.

 

Questions:

 

  1. Do you think that Sridhar’s self esteem had anything to do with his leaving the firm? Substantiate your answer
  2. What do you think were Sridhar’s satisfaction and commitment with the job and the firm at the time when he left?
  3. What lessons can this firm learn from the case of Sridhar? What can and should the firm do?
  4. Which theory of personality does best describes Sridhar’s behavior?
  5. How do you think the firm can change his behavior?

 

 

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Micro Economics Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M – I SEMESTER

 MICRO ECONOMICS

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

 

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x 2 =20)

 

  1. Differentiate between a plant, firm and industry.
  2. State the Law of Demand.
  3. Mention any four factors which influence pricing.
  4. Explain the concept of Opportunity Cost.
  5. Show the Law of Variable Proportions with the help of an appropriate diagram.
  6. What is Marginal Revenue?
  7. Give any four determinants of supply.
  8. Describe the relationship between AC and MC curves.
  9. What do you understand by the term Price Discrimination?
  10. What isVeblen Effect?

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                           (4×5=20)                          

 

  1. What do you understand by the terms Micro and Macroeconomics? Differentiate between the two concepts.
  2. Define indifference curves. Give the properties of indifference curves.
  3. What will be elasticity of demand if

(a) Total expenditure increases due to increase in price.

(b) Total expenditure increases due to fall in price

Explain with the help of an example.

 

  1. What is the short run cost curve? Find the AC and MC from the table given below:
Output 0 10 20 30 40 50
TC 400 480 550 590 620 650

 

  1. Explain the Law of Returns to scale. Do you think it is applicable in real life?

 

  1.    Differentiate between perfect competition, monopolistic competition and monopoly.

 

SECTION – C

III)      Answer any THREE questions.    Each carries 15 marks.                     (3×15=45)

 

  1. Suppose an industry is characterized by the following characteristics: large number of buyers and sellers, differentiated products, few barriers to entry and exit. Explain how the firm and industry will attain equilibrium in the short and long run. Also, decide the type of market this industry falls in.

 

  1. How is pricing important? Discuss the various methods of pricing.

 

  1. Discuss the various economies and diseconomies of scale that a large scale business experiences.

 

  1. Critically examine the Law of Diminishing Marginal Utility.

 

  1. What is price elasticity of demand? Explain the various degrees or types of price elasticity of demand. Also, mention any four factors which influence elasticity.

 

SECTION – D

  1. IV) Case study- Compulsory questions.    (15 marks)

 

  1. The luxury car sector is a classic example of monopoly in spare parts, servicing and repairs. Its service leaders are earning extraordinary profits.

Often one has to change a spare part and have to pay a high price.

The replacement of small things such as a silencer or a clutch plate may cost 5-6 thousand rupees. The cost of spare parts is reckoned to be three to four times of the middle range car sector.

Defective parts and exorbitant cost of repairs make these cars difficult to maintain. The luxury car owners are in a dilemma. They cannot get spare parts except for authorized dealers and they are charged fantastic amounts with no product guarantee.

 

  1. Define a monopoly. State its features.

 

  1. Can you put the luxury car sector into monopoly? Which sector does it enjoy monopoly. Give an example of any such car industry.

 

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Business Mathematics And Statistics Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M. – I SEMESTER

 BUSINESS MATHEMATICS AND STATISTICS

Duration: 3 Hours                                                                                           Max. Marks: 100

SECTION – A

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x2 =20)

 

  1. Statistics has been referred to as the science of universal applicability, explain.
  2. What are positional averages? Give a brief description of two such averages.
  3. 20 men can do a job in 90 days. How many days are needed for 30 men to do the same job?
  4. What are the essentials of a good graph?
  5. Monthly incomes of A and B are in the ratio of 4 : 5 and their monthly expenses are in the ratio of 7 : 9. Their savings are in the ratio 4 : 3.  If the total savings are Rs. 350, find their monthly incomes.
  6. Distinguish between Mean Deviation and Standard Deviation.
  7. The cash price of a machine is Rs. 11,400. The trade discount and cash discount are 20% and 5% respectively.  Find its List Price.
  8. Define correlation. Give its significance.
  9. In an examination 70% of the candidates passed in English, 65% in Mathematics, 27% failed in both subjects and 248 passed in both subjects. Find the total number of candidates.
  10. The mean age of 40 students is 16 years and the age of other 60 students is 20 years. Find the mean age of all the 100 students taken together.

 

SECTION – B

 

  1. Answer any FOUR Each carries 5 marks.                                 (4×5=20)

 

  1. Present the following information in a suitable tabular form:

In 2005 out of total 2000 workers in a factory, 1550 were members of a trade union.  The number of women workers employed was 250, out of which 200 did not belong to any trade union.  In 2010, the number of union workers was 1725 of which 1600 were men.  The number of non-union workers was 380, among which 155 were women.

 

 

  1. Calculate mode from the following data:
X: 0-5 5-10 10-20 20-30 30-40 40-50 50-60 60-70
f: 128 150 520 464 398 324 178 44

 

  1. Solve by factors: 6x2 – x – 35 = 0
  2. Find the principal for which the difference of simple interest and compound interest for 2 years is Rs. 20 at 4% p.a.

 

  1. Solve: 3/(x2 – 4) + 2/(x + 2) = 1/(x – 2).

 

  1. A family spends the following percentage of expenditure on different commodities, prepare circular diagram for these expenditures:

Items of Expenditure                                   % to Total

Food                                                               60

Clothing                                                         12

Housing                                                         10

Fuel and Lighting                                          8

Others                                                                        10

Total                                                             100

 

  1. Eight students have obtained the following marks in Hindi and Economics. Calculate the Rank Co-efficient of Correlation.
Hindi 25 30 38 22 50 70 30 90
Economics 50 40 60 40 30 20 40 70

 

 

SECTION – C

 

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

  1. Discuss the characteristics and limitations of Statistics.
  2. Mr. Shan desires to set up an endowment fund to provide for a prize of Rs. 500 every year. If the fund can be invested at 8% p.a. compound interest, find the amount of endowment.            (12+3)

 

  1. A company intends to create a fund to replace, at the end of the 25th year, asset costing Rs. 1,00,000. Calculate the amount to be retained out of profits every year, if interest rate is 3%.

 

 

  1. Calculate the Quartile Deviation and its Coefficient from the following data:
Marks 0-10 10-20 20-30 30-40 40-50
No. of Students 4 15 28 16 7

(5+10)

 

  1. The following table gives the soil temperature and the germination time at various places.
Temperature 45 70 65 30 90 40 50 75 85 60
Germination 35 90 70 40 95 40 60 80 80 50

Calculate Karl Pearson’s Coefficient of Correlation and interpret the value.  Also determine if the value of r is significant or not?

 

  1. The perimeter of a rectangular carpet is 38 meters and its area is 84 sq. cm. Find its dimensions.

 

  1. Calculate Standard Deviation from the following data:
Marks 12 14 16 18 20 22 24
No. of Students 6 12 18 26 16 10 8

(5+10)

  1. Given a bivariate data:
X 2 6 4 3 2 2 8 5
Y 7 2 1 1 2 3 2 6
  1. Fit the regression line of Y on X and hence predict Y, if X = 20
  2. Fit the regression line of X on Y and hence predict X, if Y = 5.

 

SECTION – D

 

  1. IV) Case study- Compulsory questions. (15 marks)
  2. There are two numbers such that the sum of the first and three times the second is 53, while the difference between 4 times the first and twice the second is 2. Find the numbers.

 

  1. Find the missing frequency when median is given to be 28:
X 0-10 10-20 20-30 30-40 40-50
f 5 8 ? 16 6

 

Also represent Median in a graph using only the Less Than Ogive.

                                                                                                             (5+10)

 

St. Joseph’s College of Commerce B.B.M. 2014 I Sem Additional English Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – Sept / Oct. 2014

BBM – I Semester

ADDITIONAL ENGLISH

Duration: 3 Hours                                                                                     Max. Marks: 100

Note:  Read the questions carefully before answering.

Do not exceed the paragraph limit.

            Each paragraph should contain at least four sentences.

 

SECTION – A

  1. Answer any two in about three paragraphs each.               (2 x 15 = 30)
  1. Comment on any two ideas that impressed you in the essay ‘A Free Man’s Worship’. Why do you think the essay is titled as ‘A Free Man’s Worship’?
  2. In Mario Vargas Llossa’s essay ‘The Premature Obituary of the Book. Why Literature?’ he expresses concern about the dwindling readership of literature. Do you think his concern is justified? Would it concern you personally if the readership of literature were really diminishing?
  3. Both Harriet Jacobs and Siddalingaiah have different styles of autobiographical writing. If one adopts a slightly serious tone the other has a very humorous way of looking at the world. What do you think are the purposes of writers adopting such varied writing styles? Which style interests you more and why?

 

  1. Answer in about four paragraphs. (1 x 20 = 20)
  1. Both Romila Thapar and Bertrand Russell seem to be engaged deeply with history. If one talks about the history of a specific place the other talks about the entire history of human beings. And both are interested in the debate between reason and faith. What is your understanding of reason and faith? How have the discussions and readings done in the classroom helped you in exploring the debate further?

 

SECTION – B

Read the below extract from the autobiography of the famous Chilean poet Pablo Neruda and answer the questions.

MY FIRST POEM

Now I am going to tell you a story about birds. In Lake Budi, swans were brutally hunted. They were stalked quietly in boats and then, rowing faster, faster . . . Swans, like the albatross, take to the air clumsily, they have to make a run, skimming the water. They lift their huge wings heavily, and so were easily caught, and finished off with sticks.

Someone brought me a swan that was half dead. It was one of those magnificent birds I have not seen again anywhere in the world, a black-necked swan. A snowy vessel with its slender neck looking as if squeezed into a black silk stocking, its beak an orange color and its eyes red.

This happened at the seaside, in Puerto Saavedra, Imperial del Sur.

It was almost dead when they gave it to me. I bathed its wounds and stuffed bits of bread and fish down its throat. It threw up everything. But it recovered from its injuries gradually and began to realize that I was its friend. And I began to realize that homesickness was killing it. So I went down the streets to the river, with the heavy bird in my arms. It swam a little way, close by. I wanted it to fish and showed it the pebbles on the bottom, the sand the silver fish of the south went gliding over. But its sad eyes wandered off into the distance.

I carried it to the river and back to my house every day for more than twenty days. The swan was almost as tall as I. One afternoon it seemed dreamier; it swam near me but wasn’t entertained by my ruses for trying to teach it how to fish again. It was very still and I picked it up in my arms to take it home. But when I held it up to my breast, I felt a ribbon unrolling, and something like a black arm brushed my face. It was the long, sinuous neck falling. That’s how I found out that swans don’t sing when they die.

Summer is like fire in Cauti’n. It scorches the sky and the wheat. The land would like to shake off its lethargy. The houses are not prepared for summer, just as they were not prepared for winter. I wander off into the countryside and I walk, walk, walk. I become lost on Nielol Hill. I am alone, my pocket filled with beetles. In a box I carry a hairy spider I just caught. Overhead, the sky can’t be seen. The forest is always damp, my feet slip. Suddenly a bird cries out, it’s the ghostly cry of the chucao bird. A chill of warning creeps upward from my feet. The copihues, drops of blood, can barely be made out. I am only a tiny creature under the giant ferns. A ringdove flies right past my mouth, with a snapping sound of wings. Higher up, other birds laugh harshly, mocking me. I have trouble finding my way back. It’s late now.

My father is not here yet. He will be back at three or four in the morning. I go upstairs to my room. I read Salgari. The rain pours down like a waterfall. In less than no time, night and the rain cover the whole world. I am alone, writing poems in my math notebook. I am up very early the next morning. The plums are green. I charge up the slopes. I carry a little packet of salt with me. I climb a tree, make myself comfortable, bite a little chunk out of a plum carefully, and dip the plum into the salt. I eat it.

And I repeat this, up to one hundred plums. I know I’m over doing it.

Our other house burned down, and this new one is filled with mystery. I climb up on the fence and I watch for the neighbors. There is no one around. I lift up some logs. Nothing but a few measly spiders. The toilet is at the back of the place. The trees next to it have caterpillars. The almond trees display their fruit covered with white down. I know how to catch bumblebees without harming them, with a handkerchief. I keep them captive for a little while and hold them up to my ears. What a beautiful buzz!

How lonely a small boy poet, dressed in black, feels on the vast and terrifying frontier wilderness! Little by little, life and books give me glimpses of overwhelming mysteries. I can’t forget what I read last night: in faraway Malaysia, Sandokan and his friends survived on breadfruit.

I don’t like Buffalo Bill, because he kills Indians. But he’s such a good cowpuncher! The plains and the cone-shaped tepees of the redskins are so beautiful! I have often been asked when I wrote my first poem, when poetry was born in me. I’ll try to remember. Once, far back in my childhood, when I had barely learned to read, I felt an intense emotion and set down a few words, half rhymed but strange to me, different from everyday language. Overcome by a deep anxiety, something I had not experienced before, a kind of anguish and sadness, I wrote them neatly on a piece of paper. It was a poem to my mother, that is, to the one I knew, the angelic stepmother whose gentle shadow watched over my childhood. I had no way at all of judging my first composition, which I took to my parents. They were in the dining room, immersed in one of those hushed conversations that, more than a river, separate the world of children and the world of grownups. Still trembling after this first visit from the muse, I held out to them the paper with the lines of verse. My father took it absentmindedly, read it absentmindedly, and returned it to me absentmindedly, saying: “Where did you copy this from?” Then he went on talking to my mother in a lowered voice about his important and remote affairs.

That, I seem to remember, was how my first poem was born, and that was how I had my first sample of irresponsible literary criticism.

And all the while I was moving in the world of knowing, on the turbulent river of books, like a solitary navigator. My appetite for reading did not let up day or night. On the coast, in the tiny town of Puert o Saavedra, I found a public library and an old poet, Don August O Winter, who was impressed by my literary voracity. “Have you read them already?” he would say to me, handing me a new Vargas Vila, an Ibsen, a Rocambole. I gobbled up everything, indiscriminately, like an ostrich.

Around this time, a tall lady who wore long long dresses and flat shoes came to Temuco. She was the new principal of the girls’ school. She was from our southernmost city, from Magellan’s snows. Her name was Gabriel a Mistral. I used to watch her passing through the streets of my home town, with her sweeping dresses, and I was scared of her. But when I was taken to visit her, I found her to be very gracious. In her dark face, as Indian as a lovely Araucanian pitcher, her very white teeth flashed in a full, generous smile that lit up the room.

I was too young to be her friend, and too shy and taken up with myself. I saw her only a few times, but I always went away with some books she gave me. They were invariably Russian novels, which she considered the most extraordinary thing in world literature. I can say that Gabriela introduced me to the dark and terrifying vision of the Russian novelists and that Tolstoy, Dostoevsky, and Chekhov soon occupied a special place deep within me. They are with me still.

 

  • Answer any two in about three or four paragraphs each              (2 x15 = 30)
  1. The extract given above is titled ‘My First Poem’, but Neruda begins the section with the sentence ‘Now I am going to tell you a story about birds’ and goes on to narrate the story of him trying to rescue a bird. Why do you think he narrates this story in a section where he is supposed to talk about his first poem? Also comment the way in which the story is narrated.
  2. The ‘wilderness’ that Neruda describes seems to have had a profound impact on him. Identify any two instances from the above passage where he was bewildered by the wilderness and relate it with your own experience of wilderness.
  3. Neruda begins to narrate the story of his first poem at the end of the section and almost in an unexpected way. Do you think there is any relation at all to the stories of bird rescue, plum eating and loneliness to the story of his first poem? Comment on the entire structure of the extract.
  4. Solitude led Pablo Neruda to read voraciously and to write poems. What is your relationship with solitude? Narrate an experience of solitude which you would like to share with others.
  1. Read the poem by Pablo Neruda and answer the question in about four paragraphs.                                                                               (1 x 20 = 20)

Poetry

And it was at that age … Poetry arrived
in search of me. I don’t know, I don’t know where
it came from, from winter or a river.
I don’t know how or when,
no they were not voices, they were not
words, nor silence,
but from a street I was summoned,
from the branches of night,
abruptly from the others,
among violent fires
or returning alone,
there I was without a face
and it touched me.

I did not know what to say, my mouth
had no way
with names,
my eyes were blind,
and something started in my soul,
fever or forgotten wings,
and I made my own way,
deciphering
that fire,
and I wrote the first faint line,
faint, without substance, pure
nonsense,
pure wisdom
of someone who knows nothing,
and suddenly I saw
the heavens
unfastened
and open,
planets,
palpitating plantations,
shadow perforated,
riddled
with arrows, fire and flowers,
the winding night, the universe.

And I, infinitesimal being,
drunk with the great starry
void,
likeness, image of
mystery,
felt myself a pure part
of the abyss,
I wheeled with the stars,
my heart broke loose on the wind.

 

  1. Both the extract and the poem are about writing a poem by the same person. How different or similar are they, in terms of the use of literary devices, in narrating the same phenomenon of writing a poem? Also comment on the kind of impression that both the prose and the poem created on you.

 

 

 

St. Joseph’s College of Commerce B.B.M. 2014 V Sem Human Resource Development (Elective –II – Hr) Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.COM.– V SEMESTER

HUMAN RESOURCE DEVELOPMENT (ELECTIVE –II – HR)

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

  1. I) Answer ALL the questions. Each carries 2 marks.                                    (10 x 2 =20)

                        

  1. What is Cultural sensitivity?
  2. “HR manager should have a global mindset.” Bring out the meaning of the quote.
  3. Give four qualities of a good mentor
  4. Explain the term Role Play. What is the purpose behind conducting role plays?
  5. Narrate the role team building in organizational development.
  6. Highlight main feature of “country club management.”
  7. What are the different elements of TQM.
  8. What are strokes? What are the different strokes?
  9. Explain the concept of “ulterior transaction” with proper example.
  10. How do Suppression of Democratization in the Work Place, become an ethical issue. Give suitable examples.

 

SECTION – B

 

  1. II) Answer any FOUR Each question carries 5 marks.                  (4 x 5 = 20)

 

  1. What is meant by virtual workplace? How do the HR managers stay connected to the virtual work place?
  2. Explain the term “understudy.” What are its merits and demerits?
  3. Briefly discuss methods and techniques used in executive development programs for inculcating decision making skills in trainees.
  4. Explain the meaning of the term “unfreezing.” For bringing unfreezing into effect, what all changes should be implemented?
  5. Discuss different steps that are to be accomplished for obtaining ISO 9000 registration.
  6. What is meant by life script? What are the various life script positions which people take in interacting with others?

 

SECTION – C

 

III)      Answer any THREE questions.      Each question carries 15 marks.     (3 x 15 = 45)

  1. What is personality Quotient? What are the different ways of developing people?
  2. Briefly explain various methods and techniques used in training of employees in industrial organizations.
  3. What is meant by organizational development? Discuss different organization development techniques.
  4. What is meant by alternative work arrangements? Discuss a few alternative work arrangements introduced by some organizations.
  5. “Dyad relationship can be studied properly if a person can perceive his own behavioural style and at the same time how it is perceived by others.”Discuss.

 

 

SECTION – D

 

  1. IV) Case study- Compulsory questions.                   (15 marks)
  2. Training for Whom?

Microelectronics, a California-based electronics defense contractor, has enjoyed a smooth growth curve over the past five years, primarily because of favourable defense funding during the Reagan administration’s build-up of U.S. military defenses. Microelectronics has had numerous contacts to design and develop guidance and radar systems for military weaponry.

Although the favourable funding cycle has enabled. Microelectronics to grow at a steady rate, the company is finding it increasingly difficult to keep its really good engineers, Based on extensive turnover analyses conducted by Ned Jackson, the human resources planning manager. Microelectronics’ problem seems to be its inability to keep engineers beyond the “critical” five-year point. Apparently, the probability of turnover drops dramatically after five – years of service. Ned’s conclusion is that Microelectronics has been essentially serving as an industry college. Their staffing strategy has always been to hire the best and brightest engineers from the best engineering schools in the United States.

Ned believes that these engineers often get lost in the shuffle at the time they join the firm. For example, most (if not all) of the new hires must work on non-classified projects until cleared by security to join a designated major project. Security clearance usually takes anywhere from six to ten months. In the meantime the major project has started, and these young engineers frequently miss out on its design phase, considered the most creative and challenging segment of the program. Because of the nature of project work, new engineering often have difficulty learning the organizational culture – such as who to ask when you have a problem, what the general dos and don’ts are, and why the organization does things in a certain way.

After heading a task force of human resource professionals within Microelectronics, Ned has been designated to present to top management a proposal designed to reduce turnover among young engineering recruits. The essence of his plan is to create a mentor program, except that in this plan the mentors will not be the seasoned graybeards of Microelectronics, but rather those engineers in the critical three-to-five-year service window the period of highest turnover, These engineers will be paired with new engineering recruits before the recruits actually report to Microelectronics for work.

According to the task force, the programme is twofold (1) it benefits the newcomer by easing the transition into the company, and (2) it helps the three-to-five-year service engineers by enabling them to serve an important role for the company. By performing the mentor role, these engineers will become more committed and hence less likely to leave. As Ned prepared his fifteen minute presentation for top management, he wondered it be had adequately anticipated the possible objections to the program in order to make an intelligent defense of it. Only time would tell.

Questions:

(a)  Identify the salient issues from HR point of view for this case.
(b)  If you were to study this turnover problem, how would you conduct a need                                        analysis or evolve a counseling programme?
(c)  What are the causes of dissatisfaction and turnover in Microelectronics?
(d)  Do you find the mentoring programme suitable to reduce turnover? Justify                       your answer.

 

 

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BCOM/BBM– V SEMESTER

Human Resource Development (Answer Key)

 

  1. Awareness of own culture. It is the recognized and accepted differences in values, perception, traditions and habits among segments of population.
  2. HR manager should have the ability to “LOOK FOR BIGGER PICTURE”. Should be able to integrate diverse view points through a global system approach in decision making.
  3. i. Listen to mentee and understand them, ii.Challenge his intellect and stimulate the learning process, iii. Coach, iv. Build self confidence, v. Provide wise counseling, vi. Teach by examples act as the role model, vii. Share experiences, viii. Offer encouragement
  4. A method of human interaction. It involves realistic behavior in imaginary situations, action, doing and practice. Purpose: for developing interpersonal interactions and relations.
  5. Basic objective of organization is building better team throughout the organization. OD tries to tie all the groups, small and large to make one integrated and cooperative group, by solving differences. The result of effective team work will be improved organizational performance.

 

  1. High concern for employees, but low concern for production.

 

  1. 1. Quality is first, 2. Quality of New product development, 3. Customer orientation and product orientation, 4. Use of a Continuous Plan, Do, Check, Act (PDCA) in all business elements, 5. There should be a Respect for humanity.
  2. Giving some kind of recognition to the other , strokes are exchange when ever two persons interact with each other . Three types of strokes :- Positive stroke, Negative stroke, Mixed strokes

 

  1. A transaction in which an overt message and a covert message are conveyed at the same time. e.g., A: Would you like to come in for a drink, (meaning: I would like to be alone with you for a while). B: Yes, I would love a drink (meaning: I would like to be alone with you too!).

 

  1. It amounts to suppression of democratic rights of employees such as; Suppression of employees rights of representation in bodies that would promote their collective interests. E.g., Tempting and bribing pliable union leaders, Union busting, Strike breaking.

 

  1. Virtual workplace is not located in any one physical space. It is usually in a network of several workplaces technologically connected (via theInternet) without regard to geographic boundaries. Focus of Management: Managing virtual worker, Virtual performance management, Selecting and managing outsourced services, Work-life balance, Telecommuting strategies and training, Virtual organization design, Legal and regulatory compliances, Developing policies and procedures suitable for virtual work place, Privacy/Monitoring.

 

  1. Understudy is designed as the heir apparent the person who is specially, Trainee is prepared to perform the work or fill the position of his superior when the superior leaves the job due to promotion, retirement or transfer, Department manager discusses problems with under study and allows to participate in decision making. Merits: Creates a practical and realistic situation, Designates persons for greater management responsibilities, Emphasizes learning by doing, Relieves boss of some workload, Demerits: May spark jealousy and rivalry among competing subordinates, Understudy will perpetuate existing practices, bad as well as good

 

  1. i. In basket exercises, ii. Business /management games, iii. Case study

 

  1. Means that old ideas and attitudes are set aside to give place to new ideas. It refers to making people aware that present behavior is: inappropriate , irrelevant , inadequate and hence unsuitable for changing demand of the present situations. Changes to be implemented: A) Physical removal of individual. B) Individual being changed from accustomed routine.
  2. C) Demeaning and humiliating experience to help individuals being changed to see their old attitudes or behavior as worthy and think to be motivated to change. D) the consistent linking of reward with willingness to change and of punishment with unwillingness to change.

 

  1. i. Existing quality procedures are evaluated, ii. Corrective actions to be taken are identified, iii. Certifiable quality management system is prepared, iv. The new procedure is defined , documented and implemented, v. Quality manual is prepared, vi. A pre-assessment meeting with registrar to analyze quality manual is held, vii. The actual assessment of system is held, viii. The system is certified & registration is done.

 

  1. Script Analysis: ERIC BERNE-” a script is an ongoing programme, developed in early childhood under parental influence which directs the individual behaviour in the most important aspect of his life.” Every person in his life time plays three basic roles which are called as the persecutor, the rescuer and the victim. Legitimate Role, Illegitimate Role: A person when confronted with a particular situation, acts according to his script which is based on what he expects from his life or how he views his life position.

The life position of a person affects his interpersonal relationships. Script plays a very important role in transactional analysis.

  1. PQ helps in identifying candidates and personal with: Key entrepreneurial qualities, Capabilities, Personalities traits, Creative Problem Solving abilities, and Leadership skills.

Marston identified that people are motivated by four intrinsic drives which he called “DISC”

D-  Dominant Type, I – Inspiring   Type, S – Supportive Type, D  – Cautious Type. 1. The Dominant type : An outgoing, task oriented individual, will be focused: The key insight in developing a relationship with this type of person is “Respect and Results”. 2.The Inspiring type: An outgoing, people oriented individual, loves to interact, socialize and have fun. The key insight is developing a relation with this type of person “Admiration and Recognition”. 3. The supportive type:  A Reserved, people oriented individual. The key insight in developing a relationship with this type of person is “Friendliness and Sincere Appreciation”. 4. The Cautious Type:  A Reserved, task oriented individual The key insight in developing a relationship with this type of person is” trust and integrity”.

 

  1. A. On the job Training: 1. Job Instruction Training (JIT), 2. Coaching, 3. Mentoring, 4. Position Rotation, 5. Apprenticeship, 6. Committee Assignments. B. Off the Job Training: 1. Vestibule Training, 2. Apprenticeship training, 3. Class room Training, 4. Internship training, 5. Conferences, 6. Role Playing, 7. Programmed Learning. C. Electronic Training: 1. Audio-Visuals, 2. Computer Based Training, 3. Electronic Performance Support Systems (EPSS), 4. Distance and internet based training, Tele-training, Video-conferencing, Internet, Business portals

 

  1. Organizational development is a technique used for bringing change in the entire organization rather than focusing attention on the individual , so that change in readily absorbed.Techniques of OD: i. Survey or feedback, ii. Process consultation, iii. Third party Peace making, iv. Role Playing, v. Goal setting and planning, vi. Managerial grid: style-training, team development, intergroup development, organizational goal setting, goal attainment, stabilization

 

  1. Alternative work arrangements have the effect of: Improving employee motivation, productivity, and

Satisfaction. In most organizations people work an eight hour day for five days in a week. Some of the recently introduced alternative work are: 1. Compressed Work Week: Employees work for less days in a week. The most popular forms of Compressed Work Week is 4 days in a week for 10 hours a day. It gives more leisure time to workers and more shopping time. Employees can avoid office rush hours.

2/3rd working adults prefer this method. 2. Shorter Work Week: Employees have to work for eight hours a day for four days in a week. This program is considered in various countries in the world.It helps to solve the unemployment problem as more people can be employed. This will result in a reduction of salaries of employees. 3. Flexi time: Flexi time is short form of flexible working hours Instead of following a rigid work schedule, the employer allows employees to decide when go to work and when to leave. The employees will have to work a specified number of hours in week, but they can vary their working hours within specified limits.  A common core period is fixed during which every employee supposed to be present. The time before and after core period can be adjusted by the employee as per their requirements. This method is a very popular scheme. 4. Job sharing: Recent innovation of work schedules. In this method, two or more employees share a job. One may work in the morning shift and the other may work in evening shift or they can work on alternate days. This method also gaining popularity. 5. Telecommuting: Employees work at home on their computers that are linked to the office. There is no commuting to and for the office. Flexi hours of work. Telecommuting is the fastest growing trend in work scheduling. 6. Flexi staffing: Flexible or temporary staffing. Temporary staffing services are seen as “professional Service Organization.” Approximately 3-5% of the global work force are in the temporary mode. Flexi-staffing has now become a strategic tool for risk management and improving productivity of capital.  USA Flexi-staffing is 60 years old. Japan, Neteherlands, France and UK are prominent in Flexi-staffing. Flexi-staffing in India is a decade old. Flexi-staffing is recognized as a sound business decision that permits companies to adjust production schedules and thereby reduce overheads. International studies shows that temporary workers are more productive than permanent counterparts. Employers find that hiring a temporary worker even at a hourly rate, works out to be more cost effective than a full time employee.

 

  1. Interpersonal relations are concerned with inter self. Self is the core of personality pattern. Self awareness is a cognitive concept. It describes the self in terms of image, both conscious and unconscious. Joseph Luft and Harington Ingham have developed a diagram called as Johari window

Johari Window has Four Regions: What is known by the person about him/herself and is also known by others: open area, open self, free area, free self, or ‘the arena.’ What is unknown by the person about him/herself but which others know: blind area, blind self, or ‘blind spot.’ What the person knows about him/herself that others do not know; hidden area, hidden self, avoided area, avoided self or ‘facade’

What is unknown by the person about him/herself and is also unknown by others: unknown area or unknown self.

  2. Issues raised: Quality circles, TQM, Alternative work schedules, vision, work settings so on.
  3. Issues or problems: increased competition, Management and Supervisory support, new standards on labour conract, cost of implementation, Employees fear.

iii. How to minimize problems: Orientation, socialization, cross cultural training, skills and technical training, team training, quality training, career development, stress management, coaching, high performance work systems.

 

 

St. Joseph’s College of Commerce B.B.M. 2014 V Sem Consumer Behaviour (Elective –Ii- Marketing) Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – October 2014

 B.B.m. – v Semester

CONSUMER BEHAVIOUR (ELECTIVE –II- MARKETING)

 

Time: 3 hrs                                                                                                      Marks: 100

Section – A

 

  1. I) Answer ALL the questions. Each carries 2 marks.                       (10 x 2 = 20)

 

  1. State the different buying roles in the consumer decision process.
  2. Name any four basis for market segmentation.
  3. Mention four possible responses of a dis-satisfied consumer.
  4. What does ‘diffusion of innovation’ mean?
  5. Reference groups influence consumer decision making”. Explain
  6. Why have cross cultural influences increased in importance?
  7. What is differentiated marketing?
  8. What is meant by selective perception?
  9. Give two examples of negative reinforcement.
  10. Name one outstanding feature of four stages in the Family Life Cycle.

 

Section – B

 

  1. II) Answer any Four Each carries 5 marks.  (4 x 5 = 20)

 

  1. “The more complex the decision the more there is involvement and deliberation”. Explain with two examples for each, types of decision making of buyers.
  2. Analyze the effect that social environment, personality traits of consumer, personal experience and marketing strategies of the firm have on attitude formation towards products.
  3. From “awareness to being a loyal customers” a consumer passes through various stages. Analyze the thought process in each of these stages.
  4. Customer satisfaction is the positive feeling about the “ownership experience”. What advice would you give a firm to enhance the satisfaction levels of its customers?
  5. Analyze the loyalty status pyramid and give suitable examples.
  6. How is VALS psychographic segmentation used as a marketing tool to explain consumer behavior.

 

 

 

 

 

Section – C

 

III) Answer any three questions. Each carries 15 marks.                  (3 x 15 = 45)

 

  1. “Divergence in consumer behavior is due to differences in personality”. Use the Trait and Psychoanalytical theory to interpret consumer behavior.
  2. Discuss the factors influencing consumer behavior. Illustrate with examples.
  3. In the light of globalization, companies are forced to combine two or three basis for segmentation. Justify this statement with the help of two consumer products which have used 2 or 3 basis for sementation.
  4. “Cross – cultural influences and social class have an impact on consumer behavior”. Explain and give examples
  5. People respond to cues when they are driven. If they have a positive experience it leads to retention and reinforcement.  Explain this in the light of Learning Behaviour.

 

Section – D

 

  1. IV) Case Study – Compulsory question. (1 x 15 = 15)

 

  1. Galaxy Appliances is among the top five companies in the home appliance market and manufactures a range of products, such as refrigerators, washing machines, gas cooking range, television, and other smaller products such as toasters, blenders and irons. The company’s turnover had grown several fold in the last ten years.  Last year the company’s turnover was Rs.460 crore and the net profits were Rs.21 crore.  The main reason for this growth is the growing demand for home appliances and a nationwide network of 1,630 dealers.  The management is quite aware of the fact that competition in the market would intensify and the only way to stay ahead was to introduce products, which are customer friendly and of the highest quality.

 

Selling innovative products in a conservative market is not easy and Galaxy Appliances has a challenge ahead for its marketing team.  Family units is in the phase of transition today and two major trends are visible.  First, the rise of the nuclear families in the cities is here to stay.  Second, more and more women are opting for a career today and hence are seeking opportunities outside home.  The natural outcome of this shift in ambitions of women is that demand for domestic help is rising. But getting such help is becoming increasingly difficult and this situation is likely to become more pronounced with time.  Hence, the demand for products with automatic features is on the rise.  Women are hard pressed for time and are looking for technologically superior home appliances that can function with minimum human supervision.

 

 

 

The initial price for these products is high, but will certainly come down with growth in demand.  The prices for different load – capacity of dishwashers are in the range of Rs.16,000 to 21,000 for washing machines from Rs.7,000 to 30,000 depending on the features.  For the microwave cooking range, the basic model is priced at Rs.14,000 for 20 litre capacity and the highest price for the more advanced model is Rs.19,000 for 30 litre capacity.

 

 

Market segment details:

 

Double Income Families with 4 – 5 family members Product Relevance Category Recommended
Class – one cities Income Rs.6 lakh per annum and above High A+
Class – two cities Income Rs.3 lakh per annum and above Low to moderate A

Categories:

A+       =          Aggressive Promotion

A         =          Moderate Promotion

 

The products will be positioned on the following dimensions:

  1. Convenience and time saving
  2. Lifestyle product.

 

Analyze and answer the following:

 

  1. Explain the possible involvement of the different people who would have taken part in the decision making process for purchase of the product.
  2. What are the steps/process the consumer would have taken before the purchase of the product?
  3. Analyze the factors that have led to the rise in demand for consumer durable goods in India.

 

 

St. Joseph’s College of Commerce B.B.M. 2014 V Sem Advanced Financial Accounting (Elective – Ii- Accounts) Question Paper PDF Download

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  1. JOSEPH’ S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2014

B.B.M.  -V SEMESTER

 ADVANCED FINANCIAL ACCOUNTING (ELECTIVE – II- ACCOUNTS)

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

 

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x2 =20)

 

  1. Distinguish between EVA and Value Added.
  2. State the four approaches to Price Level Accounting.
  3. While preparing a consolidated Balance Sheet, how would you treat contingent liabilities?
  4. As per the Companies Act, 2013 what new inclusions (any two) has been made with regard to Corporate Social Responsibility?
  5. What are the three important aspects that Human Resource Accounting focuses on while accounting?
  6. Give the equation of Brand equity.
  7. X purchased a piece of land for Rs. 40,000 when the general price index was 120. Five years later he sold this piece of land for Rs. 60000 when the price index was 200. Find out the profit or loss on this transaction.

8.“Indian companies are generally following the model of human resource accounting suggested by Lev and Schwartz”—is this statement true? Mention any one company which has adopted this model.

  1. Describe in two sentences Environmental Accounting.
  2. Calculate EVA from the following information: net operating profit after tax – Rs. 98,00,000; capital structure: equity capital – Rs. 1,70,00,000; reserve and surplus – Rs. 1,30,00,000; 10% debentures – Rs. 4,00,00,000; cost of equity – 17.5%; income tax rate – 30%.

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                                 (4×5=20)

 

  1. From the following information taken from the books of Aarav Ltd. relating to staff and community (social) benefits& cost, you are required to prepare a statement classifying the various items under the appropriate heads:
Environmental improvements Extra work put in by staff and officers for drought relief
Medical facilities Leave encashment and leave travel benefits
Training facilities Educational facilities for children of staff members
Generation of Job Opportunities Increase in cost of living in the vicinity due to a thermal power station
Municipal Taxes Concessional transport, water supply

 

  1. 12. Manish Ltd. acquired all the shares in Shwetha Ltd. on 1st January, 2013 and liabilities and assets of the two companies on 31st March, 2013 were as follows:
Liabilities Manish Ltd. Shwetha Ltd. Assets Manish Ltd. Shwetha Ltd.
Share capital 50,000 30,000 Sundry Assets 65,000 70,000
Reserve on 1-4-2012 20,000 15,000 Shares in S Ltd. at cost. 50,000 —–
Surplus A/c 25,000 10,000      
Sundry creditors 20,000 15,000      
  1,15,000 70,000   1,15,000 70,000

Surplus of Shwetha ltd. had a credit balance of Rs. 3000 on 1st April 2012. Calculate the ratio of holding, pre-acquisition profits, post -acquisition profits and cost of control or capital reserve.

 

13.“HRA is the process of identifying and measuring data about human resources and communicating this information to interested parties”- in this context, bring out the various objectives of HRA.

 

  1. From the following data, calculate the gearing adjustment required under CCA Method:
Particulars Opening (Rs.) Closing (Rs.)
Convertible Debentures 2000 2400
Bank Overdraft 1200 1600
Cash 200 600
Paid-Up Capital 3000 4000
Reserves 1000 1600

 

Cost of sales Adjustment Rs. 400

Monetary Working Capital Adjustment Rs. 300

Depreciation Adjustment Rs. 100. Therefore total adjustment is Rs. 800.

 

  1. State whether the following is True or False with reasons.
  2. Disclosure of the value of HRA in the financial statements is made as a statutory obligation.
  3. Charging depreciation on current values of fixed assets is acceptable to income tax authorities.
  4. As per Business Income concept accounting income and economic income are one and the same.
  5. Minority Interest = Paid up value of shares held by outsiders.
  6. Social accounting is one of the oldest forms of accounting.

 

 

 

 

  1. Following information is available of a concern. Calculate EVA.
Debt Capital 12% Rs. 4000 crores Beta Factor 1.05
Equity Capital Rs. 1000 crores Market Rate of Return 19%
Reserves and Surplus Rs. 15,000 crores Equity (Market) Risk Premium 10%
Capital Employed Rs.  20,000 crores Operating Profit after tax Rs. 4,200 crores
Risk-free Rate 9% Tax Rate 30%

 

SECTION – C

 

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

17.On the basis of the following Statement of Profit and Loss of Zinc Ltd. and the supplementary information provided thereafter, prepare Gross Value Added Statement of the company for the year ended 31st March, 2013including percentage calculation. Also prepare another statement showing reconciliation of Gross Value Added with Profit before Taxation.

Particulars Amount (in Lakhs) Amount (in Lakhs)
Income:    
Sales   5,010
Other Income   130
    5,140
Expenditure:    
Production and Operational Expenses 3,550  
Administration Expenses 185  
Interest 235  
Depreciation 370 4,340
Profit before taxation   800
Provision for Taxation   280
Profit after taxation   520
Credit Balance as per last Balance Sheet   40
    560
Appropriations:    
Transfer to General Reserve   100
Preference Dividend (interim) paid   50
Proposed preference dividend (final)   50
Proposed Equity Dividend   300
Balance carried to Balance Sheet   60
    560
Supplementary Information:    
Production and operational expenses consist of:    
–          Raw materials and stores consumed   1900
–          Wages, salaries and Bonus   610
–          Local taxes including Cess   220
    3,550
Administrative Expenses consist of:             
–          Salaries and commission to Directors   60
–          Audit Fee   24
–          Provision for Bad and Doubtful Debts   20
–          Other Administrative Expenses   81
    185
Interest is on:    
Loan from bank for working capital   35
debentures   200
    235

 

  1. Following are the Balance Sheets and Profit and Loss account of a Firm prepared on the basis of Historical cost accounting.

Balance Sheet as on 1.4.2012

Capital Rs. 10,00,000 Fixed Assets Rs. 10,00,000
Profit & Loss A/c Rs. 3,00,000 Inventories Rs. 4,00,000
Sundry Liabilities Rs. 5,00,000 Debtors Rs. 3,00,000
    Cash Rs. 1,00,000
  Rs. 18,00,000   Rs. 18,00,000

 

Balance Sheet as on 31.3.2013

Capital Rs. 10,00,000 Fixed Assets less Depreciation @ 10% Rs. 1,00,000 Rs. 9,00,000
Profit & Loss A/c Rs. 5,00,000 Inventories Rs. 3,20,000
Sundry Liabilities Rs. 3,00,000 Debtors Rs. 4,00,000
    Cash Rs. 1,80,000
  Rs. 18,00,000   Rs. 18,00,000

 

Profit & Loss Account for the year ending 31.3.2013

To Inventory (1.4.2012) Rs. 4,00,000 By sales Rs. 30,00,000
To Purchases 23,20,000 By Inventory (31.3.2013) 3,20,000
To Depreciation 1,00,000    
To Other Operating Expenses 3,00,000    
To Net Profit 2,00,000    
  33,20,000   33,20,000

Additional Information:

  1. The current replacement cost of the goods on the dates sales were made amounted to Rs. 23,60,000.
  2. On 31.3.2013, the replacement cost of the fixed assets was Rs. 12,00,000.
  3. The current replacement cost of the inventory on 31.3.2013 is Rs. 3,50,000.

You are required to prepare Income Statement for the year ending 31.3.2013 and Balance Sheet as on that date on the basis of Current Cost Accounting.

 

  1. Following are the liabilities and assets of H Ltd. and S Ltd. as on 31st March, 2013:

 

 

Liabilities H Ltd. (Rs.) S Ltd. (Rs.) Assets H Ltd. (Rs.) S Ltd. (Rs.)
Share Capital: Equity shares of Rs.100 each 9,00,000 4,00,000 FixedAssets:Plant &Machinery 3,30,000 1,80,000
Preference Share Capita 3,00,000 40,000 Land & Building 6,00,000 2,60,000
Reserves & Surplus: General Reserve on 1.4.2012 2,00,000 1,20,000 Goodwill 70,000 60,000
Surplus A/c 2,80,000 1,80,000 Investments: 3,000 shares in S Ltd. (30.9.2012) 4,80,000 ——
Current Liabilities Creditors 1,60,000 1,00,000 Current Assets:

Stock

 2,00,000 1,80,000
Bills Payable —— 40,000 Debtors 40,000 1,50,000
      Cash 1,20,000 40,000
      Preliminary expenses —– 10,000
  18,40,000 8,80,000   18,40,000 8,80,000

Following further information is furnished:

  • A dividend of 15% was paid by S Ltd. in October, 2012 for the year ended 31st March, 2012.
  • Plant & Machinery of S Ltd. in the beginning was Rs. 2,00,000. H Ltd. revalued it by Rs. 1,10,000.
  • There was a bonus issue of Rs. 40,000 out of post- acquisition profits by S Ltd.
  • Credit balance of Surplus A/c of S Ltd. on 1st April, 2012 was Rs. 1,00,000.
  • Included in creditors of S Ltd. is Rs. 40,000 for goods supplied by H Ltd. Also included in stocks of S Ltd. are goods to the value of Rs. 16,000 which were supplied by H Ltd. at a profit of 25 % on sales.

Prepare a Consolidated Balance Sheet with all the necessary calculations as per Schedule III, Companies Act, 2013.

 

  1. Balance Sheet of a Partnership Firm as on 1st April, 2012 and Profit & Loss Statement for the year ending March, 2013 are given below:

Balance Sheet as on 1.4.2012

Liabilities Amount (Rs.) Assets Amount (Rs.)
Capital 8,00,000 Plant & Machinery 6,00,000
13% Loan 2,00,000 Furniture & Fixture 80,000
Current Liabilities 1,00,000 Inventory 1.20,000
    Debtors 1,00,000
    Cash 2,00,000
  11,00,000   11,00,000

Profit & Loss Statement for the year ending 31st March, 2013

Sales   20,00,000
Less: Cost of Goods Sold: Opening Inventory 1,20,000  
Add: Purchases 14,20,000  
  15,40,000  
Less: Closing Inventory 1,40,000 14,00,000
Gross Profit   6,00,000
Less: Operating Expenses 3,02,000  
Interest on Loan 26,000  
Depreciation on machinery 90,000  
Depreciation on furniture 8,000 4,26,000
Net Profit   1,74,000

Debtors and Current Liabilities balances remained constant throughout the year. Interest on debentures was paid on 31.3.2013

The general price index was as follows:

On April 1, 2012: 300; Average for the year: 320; On March 31, 2013: 360.

You are required to prepare the financial statements for the year 2012-2013 after adjusting for price level changes under Current Purchasing Power Method.

 

  1. a) Briefly discuss the advantages and disadvantages of Price Level Accounting.    (5 marks)
  2. b) “It is clear that discharge of social responsibilities by a business unit is not something opposed to earning profits.”—in this context explain the various social responsibilities of business as a social unit.     (5 marks)
  3. c) Write a short note on Recording and Disclosure of HRA in Financial Statements. (5 marks)

 

SECTION – D

 

  1. IV) Case study- Compulsory questions.     (15 marks)

 

  1. A Ltd. acquired 8,000 shares of Rs. 100 each in B Ltd. on 30th September 2012. The Liabilities and Assets of the two Companies as on 31st March, 2013 were as follows:
Liabilities A Ltd. (Rs.) B Ltd. (Rs.) Assets A Ltd. (Rs.) B Ltd. (Rs.)
Share Capital: 30,000 shares of Rs. 100 each 30,00,000 —- Fixed Assets 15,00,000 14,47,000
10,000 shares of Rs. 100 each —– 10,00,000 Investment in B Ltd. at cost 17,00,000 —–
Capital Reserve —– 5,50,000 Stock in hand 4,00,000 2,00,000
General Reserve 3,00,000 50,000 Loan to A Ltd. —– 20,000
Surplus A/c 3,82,000 1,80,000 Bills Receivable (including Rs. 5000 from B Ltd.) 12,000 ——
Loan from B Ltd. 21,000 —– Debtors 2,50,000 1,80,000
Bills Payable (including Rs. 5000 to A Ltd.) —– 17,000 Cash & Bank Balance 20,000 20,000
Creditors 1,79,000 70,000      
  38,82,000 18,67,000   38,82,000 18,67,000

 

Note: On the Balance Sheet of A Ltd., there is a contingent liability for bills discounted of Rs. 6,000.

 

You are given the following information:

 

  1. B Ltd. made a bonus issue on 31st March, 2013 of one share for every two shares held, reducing the Capital Reserve equivalently but the accounting effect to this has not been given in the above Balance sheet.
  2. Interest receivable for the year (Rs. 1000) in respect of the loan due by A Ltd. to B Ltd. has not been credited in the books of B Ltd.
  3. The credit balance in Surplus A/c of B Ltd. as on 1.4.2012 was Rs. 21,000.
  4. The directors decided on the date of the acquisition that the fixed assets of B Ltd. were over -valued and should be written down by Rs. 50,000. Consequently adjustments on depreciation are to be ignored.

 

Prepare Consolidated Balance Sheet as at 31st March, 2013 showing your working.

 

 

 

 

 

St. Joseph’s College of Commerce Strategic Management Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester examination – APRIL 2015
B.B.M. – VI SEMESTER
M111 604: STRATEGIC MANAGEMENT
Duration: 3 Hours                                                                                                Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                          (10×2=20)
  1. Name any four benefits of having a Vision.
  2. Define ‘Strategic Management’.
  3. How can you conclude that there is a Vertical Integration taken place?
  4. Name the Components of Competitor Analysis.
  5. What are the levels of Strategic Planning in a Multi-business Structure?
  6. Explain the term ‘Power’.
  7. Define ‘Strategic Choice’.
  8. Give the meaning of ‘Environmental Scanning’.
  9. What are the different types of Strategic Alliances?
  10. What are the advantages and disadvantages of Entrepreneurial structure?
 

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                         (4×5=20)
  11. Enumerate the steps involved in Inculcating Values and Ethics in Corporate.
  12. Analyze the various International Entry Modes available to a firm opting Internationalization Strategy.
  13. Discuss the issues in Strategic Decision Making.
  14. Most of the firms, find it convenient to stay in their comfort zone and expand. In this regards, discuss the different types of Concentration Strategies.
  15. Evaluate the subjective factors influencing Strategic Choice.
  16. Explain the various activities and requirements of Value-chain Analysis.
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                    (3×15=45)                                                                                                 
  17. Elucidate the role of Strategists involved in Strategic Management Process.
  18. Evaluate the Process of Strategic Choice and discuss the contents of Strategic Plan.
  19. “Strategic Evaluation and Control lies at the heart of knowing the effectiveness of any Strategy.” With regards to the above statement, requirements of and effective evaluation and also throw light on the process of Strategic Evaluation.
  20. ABX Co. Ltd. is proposing a change in the Organizational Structure, before this exercise, they are consulting you to help them with McKinsey’s 7s model. Help them with the concept and factors pertaining to the same. Also, explain the process to use this tool.
  21. For any organization understanding its environment is very crucial to implement a strategy or even take a decision, in line with this explain the characteristics and components of an environment. Also discuss the factors to be considered while scanning an environment.
SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22. Business today makes an interesting analysis of the chronological evolution of the organization structure within Indian firms. The structures analyzed show the firms responding to the environmental situation prevailing during a particular time period. Here is an account of how structures have evolved from the pre – 1940s to the post – 1990s:

–          One-man organization (Pre – 1940) CEO is the hub around which there are workers

–          The classic triangle (1940-50) the functions of sales, finance and production are designed below the direct control of the CEO

–          The managing agency (1950 – 60) the foreign company provides the licence to the local partner who acts as the managing agent. The functional areas are directly looked after by the managing agent, who act as the CEO

–          The functional structure (1960 – 70) the traditional and popular structure of various functional areas directly under the control of the CEO

–          The cross-holding structure (1970 – 80) the promoter (most often a family group or a powerful industrialist) has equity holding in several companies and exercises organizational control on the same proportion.

–          The conglomerate (1980 – 90) the business/family group emerges as the focal point of structure with businesses vested in subsidiaries, joint ventures and equity alliances. The organizational control is exercised through a flagship company.

The emerging forms of organization in the 21st century – India could be radically different from those in the past. New technologies and changing market conditions enable segmentation of customer groups and differentiation of products and services. Declining transaction costs and the managing and leveraging of knowledge is likely to alter organizational boundaries. Disaggregation of strategic decision within organizations may be reflected in disaggregated structures. Network structures that rely on linkages to other organizations based on knowledge sharing is another likely development. This might already be taking place internally where intensive coordination and linkages between internal knowledge centres exist in organizations.

 

In a positive way, organization structure may have to accommodate humane concerns such as providing growth opportunities to employees including women and trends such as working away from work-place to be respected.

 

Questions:

    1. In regards to the above information, explain the tasks of Strategic Leaders.
    2. What are the different ways of gaining power in an organization?

(5+10)

 

&&&&&&&&&&&&&&&&&&&&

St. Joseph’s College of Commerce Management Accounting Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
End Semester ExaminationS– MARCH / APRIL 2015
BBm – VI SEMESTER
M111602: MANAGEMENT ACCOUNTING
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                      (10×2=20)
  1. What is meant by Management Reporting?
  2. Give any four examples of Current Assets.
  3. What is the need for calculating Turnover Ratio? State any two turnover ratios.
  4. When will there  be a flow of fund? Explain with a suitable example.
  5. Explain briefly Notional Cash Inflow and Outflow.
  6. Distinguish between External Reports and Internal Reports.
  7. Calculate Expenditure Ratios:

Factory Expenses = Rs. 30,000.

Administrative Expenses = Rs. 20,000.

Net Sales = Rs. 1,20,000.

Net Profit = Rs. 50,000.
  8. Who are the users of Financial Statements of a Company? Elaborate.
  9. Give any two points of differences between a funds flow statement and a cash flow statement.
  10. What is the procedure for preparing funds flow statement?
 

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                    (4×5=20)
  11. Prepare a Common-Size Income Statement for the following income statements of GT Ltd. for the year ended 31st March 2013 and 2014.

Particulars 2013 (Rs.) 2014 (Rs.)
Gross Sales 31,00,000 39,00,000
Less: Sales Returns 1,00,000 2,00,000
Net Sales 30,00,000 37,00,000
Cost of Goods Sold 19,00,000 20,00,000
Gross Profit 11,00,000 17,00,000
Operating Expenses:    
Administrative Expenses 3,75,000 5,30,000
Selling and Distribution Expenses 2,35,000 2,50,000
Total Expenses 6,10,000 7,80,000
Operating Income 4,90,000 9,20,000
Non- Operating Income 1,35,000 2,15,000
Total Income 6,25,000 11,35,000
Non-Operating expenses: Interest 1,95,000 2,15,000
Profit Before Tax 4,30,000 9,20,000
Less: Tax 2,00,000 4,00,000
Net Profit After Tax 2,30,000 5,20,000
  12. From the following balance sheets of Zain Company prepare a statement showing changes in working capital.

Particulars 31.12.2013 (Rs.) 31.12.2014 (Rs.)
I.                   Equity and Liabilities    
Shareholder’s Funds:    
a.      Share Capital 1,50,000 1,25,000
b.      Reserves and Surplus:    
–          Profit & Loss A/c 75,000 60,000
–          Preliminary Expenses (3,000) (5,000)
Non-current Liabilities — —
Current Liabilities:    
Short-term Borrowings:

–          Loans (Payable on demand)

 20,000 —
Trade Payables:    
–          Trade creditors 45,000 50,000
–          Bills Payable 35,000 20,000
TOTAL 3,22,000 2,50,000
     
II.                Assets    
Non-Current Assets:    
–          Tangible Fixed Assets (Land) 27,000 15,000
–          Intangible Assets (Goodwill) 5000 10,000
Non-current Investments 10,000 15,000
Currents Assets:    
–          Inventories (Stock) 1,20,000 87,000
–          Trade Receivables (Debtors) 90,000 98,000
–          Cash and Cash Equivalents 70,000 25,000
TOTAL 3,22,000 2,50,000
   

13.

  

“The task of management accounting involves furnishing of accounting data to the management for basing its decisions on it”— In the light of this statement describe the various characteristics of management accounting.
   

14.

  

Calculate (i) Sales (ii) Closing stock (iii) Sundry Debtors (iv) Sundry Creditors from the following ratios.

Gross Profit Ratio = 20%; Stock Velocity = 5 times; Debtors Velocity = 3 months; Creditors Velocity = 2 months; Gross Profit as on 31st March, 2014 is Rs. 1,40,000 and Opening stock is Rs. 80,000.
   

15.

 

  

Indicate whether the following transactions result in a flow of funds or not, and whether it will lead to an increase /decrease or does not affect the working capital.

  1. Purchase of fixed assets by borrowing long term loan

ii.            Redemption of Preference share capital

  1. Received acceptances from customers
  2. Payment or discharge of bills payable
  3. Purchase of New Machinery.

 

 
   

16.

  

Diagrammatically depict the traditional classification of ratios.
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  17. Prepare the Trading and Profit & Loss A/c and Balance Sheet as on 31st March, 2014 from the following information.

Gross Profit Ratio = 20% Fixed Assets = Rs. 12,00,000
Net Profit Ratio = 16% Sundry Debtors = Rs. 70,000
 Stock turnover ratio = 5 times Current Ratio = 3:1
 Net Profit to Capital = 1/8 Long Term Loan =Rs. 2,75,000
 Fixed Assets to Capital = 6/5 Operating expenses = Rs. 20,000
 Fixed Assets to Current Assets = 4 Non- operating expenses = Rs. 11,250.
Capital to Total Liabilities = 2/3 Closing stock = Rs. 1,40,000
   

18.

  

The following are the Balance Sheets of a concern for the year 2013 and 2014. Prepare a Comparative Balance Sheet.

I.                   Equity and Liabilities 2013 (Rs.) 2014 (Rs.)
Equity Share Capital 6,00,000 12,00,000
Reserves and Surplus 4,00,000 5,00,000
Debentures 5,00,000 9,00,000
Long Term Loans on Mortgage 2,00,000 5,00,000
Bills Payable 2,00,000 3,00,000
Sundry Creditors 90,000 2,70,000
Other Current Liabilities 10,000 30,000
TOTAL 20,00,000 37,00,000
II.                Assets    
Land & Buildings 6,00,000 10,00,000
Plant & Machinery 4,00,000 10,00,000
Other Fixed Assets 1,00,000 1,50,000
Cash & Bank 50,000 1,50,000
Inventories 4,50,000 6,50,000
Sundry Debtors 1,00,000 3,90,000
Bills Receivable 3,00,000 3,50,000
Prepaid Expenses —- 10,000
TOTAL 20,00,000 37,00,000

 

Comment on:

a.      Short term financial position of the concern showing the effect on working capital.

b.      Long term financial position.

c.       Profitability of the concern.

 
   

19.

  

The following are the summaries of the Balance Sheet of a Limited Company as at 31.12.2013 and 31.12.2014.

Particulars 2013 (Rs.) 2014 (Rs.)
I.                   Equity and Liabilities:    
Shareholder’s Funds:    
Share Capital 2,00,000 2,60,000
Reserves and Surplus:    
–          Reserves 50,000 50,000
–          Profit & Loss A/c 39,690 41,220
Non-current Liabilities:    
–          Provision for Taxation 40,000 50,000
Current Liabilities:    
–          Bank Overdraft 59,510 —
–          Trade Payables:    
–          Sundry Creditors 39,500 41,135
–          Bills Payable 33,780 11,525
TOTAL 4,62,480 4,53,880
II.                Assets    
Non-Current Assets:    
 Tangible Assets:    
–          Land & Building 1,48,500 1,44250
–          Plant & Machinery 1,12,950 1,16,200
Intangible Assets: (Goodwill) —- 20,000
Current Assets:    
–          Inventories (Stock) 1,11,040 97,370
–          Sundry Advances 2,315 735
–          Trade Receivables (Sundry Debtors) 85,175 72,625
–          Cash at Bank 2,500 2,700
TOTAL 4,62,480 4,53,880

The following additional information is obtained from the general ledger:

a.      During the year ended 31st December, 2014, an interim dividend of Rs. 26,000 was paid.

b.      The assets of another company were purchased for Rs. 60,000 payable in fully paid shares of the company. These assets consisted of stock Rs. 21,640, machinery Rs. 18,360 and goodwill Rs. 20,000. In addition, sundry purchases of Plant were made totaling Rs. 5,650.

c.       Income tax paid during the year amounted to Rs. 25,000.

d.     The net profit for the year before tax was Rs. 62,530.

You are required to prepare a statement showing the sources and applications of funds for the year ended 31.12.2014 with all the necessary workings.
  20. (a) What are the objectives of reports to management? Suggest general principles to be borne in mind when designing reports.

 

(b) “The purpose of cost accounting is not merely ascertainment of cost, it is also performance evaluation and management decision-making”—In this context bring out the various differences between Cost and Management Accounting.                                                                                        (10+5)

 
   

 

 

 

21.

  

 

 

 

The following are the comparative balance sheets of ABC Ltd. as on 31st March 2014 and 2013:

Particulars 2013 (Rs.) 2014 (Rs.)
I.                   Equity and Liabilities    
Shareholders Fund’s:    
Share Capital (Shares of Rs. 10 each) 3,70,000 3,50,000
Reserve and Surplus:    
–          Profit & Loss A/c 52,800 50,400
Non-Current Liabilities:    
–          9% Debentures 30,000 60,000
Current Liabilities:    
–          Trade Payables (Creditors) 59,200 51,600
TOTAL 5,12,000 5,12,000
     
II.                Assets    
Non-Current Assets:    
–          Tangible Assets: (Land) 1,50,000 1,00,000
–          Intangible Assets: (Goodwill) 25,000 50,000
Current Assets:    
–          Inventories (stock) 2,13,500 2,46,000
–          Trade Receivables (Debtors) 84,500 71,000
–          Cash and Cash Equivalents:    
Cash and Bank 35,000 42,000
Temporary Investments 4,000 3,000
TOTAL 5,12,000 5,12,000

 

Other particulars provided to you are as follows:

 

a.      Dividends declared and paid during the year Rs. 17,500.

b.      Land was revalued during the year at Rs. 1,50,000 and the profit on revaluation transferred to Profit & Loss A/c.

 

You are required to prepare Cash Flow Statement for the year ended 31.3.2014 using Indirect Method.
 

 

 

 

 

 

 

 

 

 

SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                           
  22. KMWD Ltd. furnishes the following financial figures:

Particulars 31.3.2013 31.3.2014
Preference Share Capital 5,00,000 7,00,000
Debentures 3,00,000 2,00,000
Loan 2,50,000 3,25,000
Current Assets 5,00,000 6,00,000
Current Liabilities 2,50,000 3,00,000
Inventory (included in current assets) 15,000 25,000

(a)   Calculate Cash Flow from Financing Activities from the above information. (4 marks)

(b)   Compute current ratio and liquid ratio for KMWD Ltd. for the both years and Comment on the current financial position of the Company. (6 marks)

(c)    From the following transactions state when there is flow of fund or not:

(i)                 Purchase of fixed assets against issue of shares or debentures.

(ii)              Writing off of fictitious assets, say goodwill. (2 marks)

(d)  From the table above show the Net Working Capital of the company for both the years and Comment. (3 marks)

 

 

              *****************************

 

 

St. Joseph’s College of Commerce Income Tax – II Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
End Semester Examination – MARCH /APRIL 2015
BBM -VI SEMESTER
M111601: INCOME TAX – II
Duration: 3 Hours                                                                                           Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                   (10×2=20)
  1. Give any four distinctions between short term capital gain & long run capital gain.
  2. The closing stock of Rs. 10,000 is undervalued by 10%. How do you treat the same while computing income from Business.
  3. Determine the Deduction under 80D from the following

a)      Health check up of self, paid by cheque Rs. 6,000

b)     Medical insurance premium of son  paid by cash Rs. 4,500

c)      Medical insurance of wife paid by cheque Rs 12,000

d)     Medical insurance of brother (dependant) paid by cheque Rs 2,000
  4.  Explain provision of 80GG.
  5. Give any two functions of Income Tax Officer.
  6. Elucidate provision w.r.t. preliminary expenses incurred while computing income from business.
  7. List any two securities whose returns are exempted.
  8. Mention any two expenses which are expressly disallowed u/s 58.
  9. How do you tax family pension received?
  10 Explain provisions u/s 54F.

 
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                  (4×5=20)
  11. Explain provisions with respect to set off and carry forward and setoff of losses.
  12. X transfers the following assets on May 15th 2013

Assets Cost

Rs.

 FMV on

1/4/81

 Sale consideration
Land acquired in 1968 20,000 45,000 485,000
Goodwill of a business Self generated 10,000 175,000
Tenancy rights Self generated 30,000 200,000

Determine capital gain taxable. Does it make any difference if the goodwill is of a profession

 
  13. Determine the amount of Gifts taxable received by X in the previous year

a)      Gift of Rs 75,000 from C who is the cousin of his father

b)     Gift of Rs 2,000 from his mother’s sister

c)      Birthday Gift of a gold chain worth Rs 11,000 from his friend

d)     A house property under will of a person known to him. Stamp Duty is Rs. 1540,000

e)      Purchased 500 shares from a friend outside stock exchange@ Rs.90 per share the market price of the same is Rs. 300.
  14. Compute the amount of deductions admissible u/s 80 G from the following donations made when GTI  is Rs. 600,000

To Gujarat Earthquake  Relief Fund 40,000
To Africa Fund 10,000
To Approved Educational Institutions 15,000
To approved temples 35,000
Clothes distributed to  the poor 5,000
Municipal corporation for promotion of family planning 20,000
To SJCC for helping the poor and needy in  gifts 25,000
   
   
  15.
Dr. S is a Medical Practitioner. He gives you the following information
      `       `
To balance 10,000 By Rent of Clinic 18,000
To consultation fee 60,000 Purchase of Medicines 38,000
Visiting fee 45,000 Staff salaries 24,000
Gifts and Presents 8,000 Surgical equipments 40,000
Sale of Medicines 42,000 Motor car expense 8,000
Dividends 6,000 Purchase of Motor Car 140,000
LIC Maturity 100,000 House hold expense 7,000
Interest from NSC 6,000 Closing balance 2,000
  277,000   277,000

Other information

a)      50% of Motor Car expense incurred in connection with profession .Car was purchased in December 2013

b)     House hold expenses include Rs.6,800  for LIC Premium

c)      Gifts and presents include Rs. 3,000 from relatives

d)     Closing Stock of Medicine Rs. 12,000 and on 1/4/13 opening stock was Rs. 4,000

Compute Professional Income

 
  16. Explain provisions of additional depreciation allowable under the head Income from business & profession.
 

SECTION – C
III Answer any THREE questions.  Each carries 15 marks.                              (3×15=45)                                                                                                 
  17. Explain a) Powers of CBDT

b) Different types of Assessment                                               (5+10)

 
  18. A starts a business on November 18th 2012. He acquires Plant A whose cost is Rs. 26,000 and rate of depreciation is 80%. He also acquires plant B for Rs. 30,000 rate of depreciation 40%. On May 10th 2013 he sells plant A for Rs. 22,000 and Plant B for Rs. 17,000. Expenditure incurred in connection with transfer of Plant A is Rs. 1,000.

He however acquires the following plants during the previous year 13-14

Plant Date of purchase Cost Depreciation rate
C 30th  April 2013 6,000 80%
D 19th May 2013 12,000 40%
E June 10th 2013 21,000 15%

Compute depreciation for the year  and capital gain if any

 
  19.
Particulars Rs Particulars Rs
To establishment expenses 4,800 By Gross profit 50,840
Rent rates and taxes 2,900 Interest on Government

Securities

 5,200
General charges 750 Rent from House Property 5,400
Household expenses 1,730    
Commission 1,500    
Discount and allowances 450    
Provisions for Bad Debts 1,200    
Postage  &Telegraph 270    
Law charges 450    
Advertising 1,550    
Gifts and Presents 150    
Fire Insurance (goods) 360    
Sales tax 1,250    
Repairs and renewals

(not for business premises)

 480    
Loss on sale of motor car used For private purpose 1,800    
LIC premium 1,790    
Wealth tax 740    
Interest on capital 350    
Audit fee 300    
Interest on bank loan 1,380    
Provision for depreciation 2,500    
Provision for income tax 3,900    
Net Profits 30,840    
  61,440   61,440
Other information:

Actual bad debts written off was Rs. 550

Income tax actually paid was Rs. 4,200

Depreciation allowable Rs.1,700

Advertising expenses include `550 spent on special advertising campaign to open a new shop in the market.

The law charges are in connection with the trade mark.

He carries on business from rented premises half of which is used as his residence.

Rent rates and taxes include Rs, 2,400 paid as premises rent.

Compute Business Income for AY 14-15
   

20.

  

Compute Capital Gain from the following if CII for 13-14 is 939

asset Year of

acquisition

 CII Cost of

acquisition

 FMVon

1/4/81

 Selling

expenses

 Selling

Price
Shop 80-81 100 20,000 40,000 10,000 4,10,000
Jewellery 80-81 100 10,000 50,000   4,95,000
Shares 82-83 109 20,000   2,000 1,90,000
Shares 90-91 182 6,000   1,000 25,000
Plant 82-83 109 4,00,000(WDV)     7,00,000
Residential house 84-85 125 60,000     4,90,000
He invested Rs 20,000 in purchase of new residential house and Rs 2,000 in National Rural Development Bonds  from the sale proceeds.
   

21.

  

From the following particulars compute income from other sources.

Dividends from UTI 17,000
Dividends from Tea Company(60%agriculture income) 3,000
Interim dividends from listed Co declared on 25/2/14 1,500
Dividends from Foreign Co. TDS not yet remitted 4,000
Interest on term deposit in bank received 10,800
Directors fee 2,000
Income from letting out of machinery plant etc

after cessation of business

 30,000
Royalty from mining 10,000
Monthly rent received from subletting a house

The house was taken on rent @ Rs. 200 pm in 1971

Repairs and other  expenses incurred were Rs.3,000

and Rs. 1,000 respectively

 1,000
Winnings from lotteries 25,000
He claims the following expenses: collection charges

for dividends of UTI 300, interest on money borrowed

to purchase shares of tea Co. Rs. 1,000

depreciation and other expenses in respect of Machinery

Rs 5,000

  
 

SECTION – D
IV Case Study                                                                                                           (1×15=15)                                                                                          
  22. Mrs. B provides you the following details:

a.      Taxable Income from Salaries- Rs. 4,50,000

b.      Loss from House Property- Rs.1,25,000

c.       Taxable income from Business- Rs. 65,000

d.     Taxable STCG (other than STCG on transaction liable for STT)- Rs.1,50,000

e.      Taxable income from other source (including casual income Rs.2,75,000; interest on savings bank a/c Rs. 8,500; royalty income on books published Rs.3,60,000)- Rs.8,75,000

f.        Contribution to PPF- Rs.26,000

g.      Payment of Life Insurance Premium- Rs.18,000

h.      Payment made towards group insurance- Rs.960

i.        Deposits made in Unit Linked Insurance Plan- Rs.15,000

j.        Amount invested in National Savings Certificate- VIII issue- Rs.12,000

k.      Amount deposited with National Housing Bank- Rs.12,000

l.        Amount invested in Equity Linked Savings Scheme- Rs.6,000

m.   Repayment of principal amount towards housing loan- Rs.15,000

n.      Tuition fees of 3 children paid @ Rs. 750 p.m. per child- Rs. 27,000

o.      Interest paid on higher education loan- Rs. 42,350

p.     Medical insurance premium paid by cheque- Rs. 16,500

q.      Expenditure incurred towards medical treatment of a dependant relative- Rs. 26,500 (disability being 70%)

r.       Expenditure incurred towards medical treatment of specified disease of dependent relative (senior citizen)- Rs.65,000

s.       Donation to PM’s National Relief Fund- Rs. 25,000

Compute Mrs. B’s total income and tax liability assuming that she does not have capital gains.

 

 

 

 

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