B.Com Corporate & Secretaryship Question Paper

Loyola College B.Com Corporate & Secretaryship April 2009 Commercial Law Question Paper PDF Download

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       LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 15

FIFTH SEMESTER – April 2009

BC 5503 – COMMERCIAL LAW

 

 

 

Date & Time: 27/04/2009 / 1:00 – 4:00       Dept. No.                                                       Max. : 100 Marks

 

 

 

SECTION-A                          (10 x 2 = 20 MARKS)

ANSWER ALL QUESTIONS

 

  1. Define indemnity.
  2. What is a specific guarentee?
  3. What is bailee’s lien?
  4. Explain the features of pledge
  5. What is a partnership deed?
  6. When can a partner be expelled?
  7. Who can file a complaint as per the consumer protection Act, 1986
  8. Write short notes on unfair trade practices.
  9. What is VAT?
  10. Define Mortgage.

 

                                            SECTION-B                   (5 x 8 = 40 MARKS)

ANSWER ANY FIVE QUESTIONS

 

  1. What are the rights of indemnity holder?
  2. Compare Guarantee with Indemnity
  3. Discuss the rights and duties of bailor and bailee.
  4. Describe the rights and duties of finder of lost goods.
  5. Describe the position of a minor admitted to the benefits of partnership.
  6. What are the consequences of non-registration of a partnership firm?
  7. Explain in detail the role of consumer Dispute redressal Agencies.
  8. What are the objectives of VAT? Explain the method of set-off of Tax Credit.

 

                                                  SECTION-C              (2 x 20 = 40 MARKS)

ANSWER ANY TWO QUESTIONS:

 

  1. What are the rights of Surety? How is the liability of Surety discharged?
  2. What are the consequences of dissolution of a firm?
  3. Define bailment. Explain different kinds of bailment.

 

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Loyola College B.Com Corporate & Secretaryship April 2009 Business Environment Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

IR 02

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

FIRST SEMESTER – April 2009

BC 1501 – BUSINESS ENVIRONMENT

 

 

 

Date & Time: 22/04/2009 / 1:00 – 4:00         Dept. No.                                                       Max. : 100 Marks

 

 

SECTION – A

Answer ALL questions                                                                 (10×2=20)

 

  1. What is micro environment?
  2. What is Cultural Shock?
  3. What is mixed economy?
  4. What is fiscal economy?
  5. What is Swot analysis?
  6. What are fundamental rights of the constitution?
  7. What is per capita income?
  8. What is heritage?
  9. What is Social audit?
  10. What is trade mark?

 

SECTION – B

Answer any FIVE questions                                                                  (5×8=40)

 

  1. Give a brief account of the important factors affecting social orientation of

business?

  1. What is social organization and state its important characteristics?
  2. Evaluate sailent features of socialist system.
  3. Discuss the impact of cultural factors on business?
  4. Describe the internal environment of business?
  5. Examine the joint hindu family system and its characteristic?
  6. What are the objectives of the Companies Act 1956?
  7. State the factors governing business ethics?

 

SECTION – C

Answer any TWO questions                                                         (2×20=40)

 

  1. Explain the achievements and failures of five years plans?
  2. Discuss the objectives and role of fiscal policy in our country.
  3. Bring out the responsibilities of business to various constituents of the

society.

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Personnel Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – NOVEMBER 2010

    BC 5400 – PERSONNEL MANAGEMENT

 

 

 

Date : 11-11-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

Part-A

Explain the following terms not exceeding  Five lines.                                                                                                           10X2=20

 

  1. Ergonomics

2 .Campus Recruitment

  1. Outsourcing
  2. Halo effect
  3. Job design

6.False  positive error in training programme.

7.Vestibule  training

8.Computer assisted instruction

9.Forced distribution method

  1. Assessment centre

Part –B

 

Answer any Five questions                                                                                                                                                           5X8=40

 

11.Explain the  Maslow  theory of motivation.

12.Define HRM and explain its objectives.

13.Explain the barriers to Human Resources Planning.

14.Bring out the factors which  are  affecting Job Design.

15.Explain the internal source of recruitment.

16.What are the importance of selection?

17.Explain the importance  of effective training.

18.Explain various types of interview.

Part- c

 

Answer any Two questions                                                                                                                                                 2X20=40

 

  1. Define HRP. Bring out the factors influencing such a plan.
  2. List out and explain the process of selection.

21.Bring out and explain the methods of performance appraisal.

 

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Office Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – NOVEMBER 2010

BC 5504 – OFFICE MANAGEMENT

 

 

 

Date : 09-11-10                     Dept. No.                                                    Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

Answer ALL questions:                                                                                              (10 X 2 = 20 Marks)

 

  1. What is an office?
  2. What is an office layout?
  3. What is meant by office management?
  4. What is an open office system?
  5. What is an office manual?
  6. What do you mean by office correspondence?
  7. What is dictating machine?
  8. What is primary data?
  9. What is filing?
  10. What are the types of office reports?

PART – B

 

Answer any FIVE questions:                                                                                        (5 X 8 = 40 Marks)

 

  1. What are the physical conditions and environment needed in the office?
  2. What are the functions of an office?
  3. What are the principles of office system?
  4. Explain the advantages of office machines.
  5. What are the essentials of good filing system?
  6. Explain the types of indexes?
  7. What are the methods adopted to purchase stationery to affect cheap purchase?
  8. Explain the factors to be considered in selecting a particular means of communication?

PART – C

 

Answer any TWO questions:                                                                           (2 X 20 = 40 Marks)

 

  1. Explain the different methods of communication systems.
  2. What are the factors to be considered while selecting office accommodation?
  3. Explain the different methods of collection of data.

 

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Mercantile Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

                  B.Com. DEGREE EXAMINATION – CORPORATE SEC.

THIRD SEMESTER – NOVEMBER 2010

BC 3500 – MERCANTILE LAW

 

 

 

Date : 30-10-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION – A

 

ANSWER ALL THE QUESTIONS.                                                                      (10 x 2=20)

 

  • What is ‘consensus ad idem’?
  • What constitutes an offer?
  • Give two examples for wagering agreement.
  • Who can demand performance?
  • Define ‘misrepresentation’.
  • What is ‘causa proxima’?
  • Explain the concept of reinsurance.
  • What is insurable interest?
  • State the meaning of ‘tender’?
  • Define ‘goods’ under CST Act.

SECTION – B

 

ANSWER ANY FIVE QUESTIONS.                                                                                (5 x 8=40)

 

  1. Discuss the essential elements of fraud.
  2. Enumerate the legal rules related to offer.
  3. Explain briefly the fundamental principles of insurance.
  4. What is agency by ratification? Explain the requisites of a valid ratification.
  5. “A seller cannot convey a better title to the buyer than he himself has.” Discuss the rule

and state the exceptions.

  1. What is ‘turnover’ as per the CST Act of 1956?
  2. What are the implied conditions in contract for sale of goods?
  3. Explain any eight types of fire insurance policies.

 

SECTION – C

 

ANSWER ANY TWO QUESTIONS.                                                                                  (2 x 20=40)

 

  1. How are contracts classified? Explain with illustrations.
  2. Discuss the rights, duties and liabilities of a common carrier.
  3. What are the various ways through which a contract may be discharged?

 

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Marketing Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

THIRD SEMESTER – NOVEMBER 2010

BC 3501 – MARKETING MANAGEMENT

 

 

 

Date : 02-11-10                     Dept. No.                                                      Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION – A

 

ANSWER ALL THE QUESTIONS                                                                                   (10×2=20Marks)

 

  1. What is marketing Mix?
  2. Give the meaning of the term ‘Social Marketing’.
  3. What is PLC?
  4. Define Market Segmentation.
  5. What is odd pricing? Give an example.
  6. What are hypermarkets?
  7. Who are retailers?
  8. When is a radio advertisement used for promotion?
  9. What is AIDA?
  10. What is MKIS?

SECTION – B

 

 ANSWER ANY FIVE OF THE QUESTIONS                                                                 (5×8=40Marks)

 

  1. Write the steps in developing a new product.
  2. Distinguish Marketing from Selling.
  3. Elaborate the factors to be considered while pricing a product.
  4. Briefly discuss the areas, where research could be conducted in marketing a product.
  5. What are the limitations of sales promotion?
  6. Why is branding important for marketing a product?
  7. Discuss the techniques adopted in forecasting the sales of an organisation.
  8.  Comment on the recent channels of distribution in the retail market.

SECTION – C

 

 ANSWER ANY TWO OF THE QUESTIONS                                                                (2×20=40Marks)

 

  1. When a company introduces a new product to cater to the needs of a hi-tech customer, what pricing strategy will be adopted?
  2. Elaborate on the marketing environment factors.
  3. What is market segmentation? Discuss the bases of segmenting the market. 

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Indian Banking Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – NOVEMBER 2010

BC 5500 – INDIAN BANKING

 

 

 

Date : 29-10-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

SECTION – A

Answer ALL Questions                                                                                              (10 x 2 = 20 marks)

  1. Define the term ‘banking’.
  2. List out  the objectives of Reserve Bank of India
  3. How is a bank customer defined?
  4. State the need for better customer relationship in banks.
  5. What is special crossing?
  6. What is endorsement?
  7. What is bank lending?
  8. What are term loans?
  9. What are call centres?
  10. Explain the term “door to door banking”.

 

SECTION – B

Answer any FIVE of the following                                                                                        (5 x 8 = 40 marks)

  1. What are the primary functions of the commercial banks?
  2. What are the limitations of branch banking system?
  3. Describe the relationship between the banker and the customer.
  4. “The scope of merchant banking is great in India” – Discuss.
  5. What is the effect of full endorsement?
  6. Discuss the different kinds of lending.
  7. Bring out the benefits of e- banking.
  8. What are the security aspects concerning the use of ATM?

 

SECTION – C

Answer any TWO of the following                                                                            (2 x 20 = 40 marks)

  1. Discuss the main functions of RBI.
  2. “Every loan creates a deposit” – Explain.
  3. What are the various kinds of crossing?  Explain with examples.

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Cost Accounting Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – NOVEMBER 2010

BC 5501/CR 5501 – COST ACCOUNTING

 

 

 

Date : 01-11-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION – A

Answer ALL the questions:                                                                                              (10 x 2 = 20 marks)

  1. Define Cost Accounting.
  2. a) The method of costing used in a refinery is —————.
  3. b) Cost Accounting records both monetary and ————– units.
  4. Prepare a chart showing the different elements of cost.
  5. From the following calculate the cost of goods sold:  Cost of production `. 1,83,500;

Opening stock of finished goods `71,500; Closing stock of finished goods `.42,000.

 

  1.   A publishing house purchases 10,000units of a particular item per year at a unit cost

of ` 40.  The ordering cost per order is Rs.100 and the inventory carrying cost is 25%

 

  1. The worker completes a job in a certain number of hours. The standard time allowed

for the job is 8 hrs and the hourly rate of wages is` 10. The worker earns at the 50%

rate a bonus of ` 20 under Halsey plan. Ascertain his total wages under the Rowan

Premium Plan.

 

  1.    What do you mean by a ‘Machine Hour Rate’?
  2. What is Idle time
  3. Mention the bases of apportionment of the following expenses of departments:
  4. a) Plant depreciation b) Lighting  c) Power    d)  Consumable stores
  5.   Record the following transaction in stores ledger, price the issues at weighted average

rate:  200 units received at` 2.00 per unit on 2nd September, 300 units received at

` 2.40 per unit during 15th September and 250 units issued on 20th September.

 

SECTION B             ANSWER ANY FIVE                                                                                     (5 x 8 =40)

  1. “While Financial Accounting is external, Cost Accounting is internal to the business”-

Explain this statement by bringing out the difference between Cost and Financial

Accounting.

 

  1. Discuss the Secondary distribution of Overheads with illustrations.
  2. Write short notes on a) Retention money b) Escalation clause c) Work in progress d) Target

costing.

 

  1. A) Compute the (i) re-order level ; (ii) minimum level ; (iii) maximum level ; and (5)

(iv) average stock level for components A and B based on the following data:

Components

A                                B

Maximum consumption per week (in units)                250                              200

Average consumption per week (in units)                   150                              100

Minimum consumption per week (in units)                 100                              50

Re-order period (in weeks)                                          6 to 10                         5 to 9

Re-order quantity (in units)                                         500                              700

 

  1. B) Discuss the methods of pricing issue of materials.                                      (3)

 

  1. From the following figures prepare a Reconciliation Statement:

`

Net loss as per costing records                                                            1,72,400

Works overhead under-recovered in costing                                           3,120

Administrative overhead recovered in excess                                                     1,700

Depreciation charged in financial records                                             11,200

Depreciation recovered in costing                                                         12,500

Interest received not included in costing                                                 8,000

Obsolescence loss charged in financial records                                       5,700

Income-tax provided in financial books                                                40,300

Bank interest credited in financial books                                                   750

Stores adjustments (credit) in financial books                                            475

Value of opening stock in : Cost Accounts                                           52,600

Financial Accounts                                                54,000

Value of closing stock in : Cost Accounts                                             52,000

Financial Accounts                                                49,600

Interest charged in cost accounts but not in financial accounts              6,000

Preliminary expenses written off in financial accounts                              800

Provision for doubtful debts in financial accounts                                     150

 

  1. Construction Ltd. Is engaged on two contracts A and B during the year.

The following particulars are obtained at the year end (Dec. 31) :

Contract A                             Contract B

Date of Commencement                         April 1                                 September 1

`.                                 `.

 

Contract price                                     6,00,000                                  5,00,000

Materials issued                                  1,60,000                                     60,000

Materials returned                                     4,000                                     2,000

Materials at site (Dec. 31)                       22,000                                     8,000

Direct Labour                                      1,50,000                                     42,000

Site Expenses                                         66,000                                     35,000

Establishment Expenses                         25,000                                       7,000

Plant installed at site                              80,000                                     70,000

Value of plant (Dec. 31)                        65,000                                     64,000

Cost of contract not yet certified          23,000                                     10,000

Value of contract certified                  4,20,000                                  1,35,000

Cash received from contractee           3,78,000                                  1,25,000

Architect’s Fees                                       2,000                                       1,000

 

During the period materials amounting to Rs. 9,000 have been transferred from contract A to contract B. you are required to show : (a) Contract accounts, (b) Contractees’ accounts, and (c) Extract from Balance Sheet as on December 31, clearly showing the calculation of work- in-progress.

  1. A) From the following details of stores receipts and issues of material in a manufacturing

unit, prepare the Stock ledger using LIFO method.                                                            (5)

 

April 1 Opening Stock 2000 units @ ` 5.00 each

3   Issued 1,500 units to production

4   Received 4,500 units @ ` 6.00 each

8   Issued 1,600 units to production

  1. Returned to stores 100 units by production department (from the issue of April 3)

16   Received 2,400 units @ ` 6.50 each

19   Returned to supplier 200 units out of the quantity received on April 4th.

20   Received 1,000 units @ ` 7.00 each

24   Issued to production 2,100 units

27   Received 1,200 units @ ` 7.50 each

29   Issued to production 2,800 units

 

  1. B) Discuss the relative merits and demerits of two of the main methods of remunerating

labour.                                                                                                                                         (3)

 

  1. Jaidka owns fleet of taxi and the following information is available from the records

maintained by him :

 

Number of taxis                                                                                 10

Cost of each taxi                                                                     `20,000

Salary of manager                                                                   `600 p.m.

Salary of accountant                                                               ` 500 p.m.

Salary of cleaner                                                                     `. 200 p.m.

Salary of mechanic                                                                  `400 p.m.

Garage rent                                                                             ` 600 p.m.

Insurance premium                                                                  5% per annum

Annual tax                                                                              `600 per taxi

Driver’s salary                                                                         `200 p.m. per taxi

Annual repair                                                                          `1,000 per taxi

 

 

Total life of a taxi is about 2,00,00 kms. A taxi runs in all 3,000 kms. in a month of which 30% it runs empty. Petrol consumption is 1 litre for 10 kms. @ `1.80 per litre. Oil and other sundries are ` 5.00 per 100 kms.

Calculate the cost of running a taxi per km.

 

SECTION-C

 

ANSWER ANY TWO                                                                                                         ( 2 x 20 = 40 marks)

  1. Modern Manufacture Ltd., have three production departments P1, P2, P3 and two Service

Departments S1 and S2, the details pertaining to which are as under :

 

P1                     P2                     P3                     S1                     S2

Direct wages (`)                    3,000                 2,000              3,000                1,500               195

Working Hours                     3,070                 4,475              2,419                   –                       –

Value of Machines (`)     60,000                  80,000         1,00,000                5,000            5,000

H.P. of Machines                       60                      30                   50                     10                 –

Light points                                10                      15                   20                     10                   5

Floor Space (sq. ft.)               2,000                2,500              3,000                2,000               500

 

The following figure extracted from the accounting records are relevant :

Rent and Rates `5,000, General Lighting `600, Indirect Wages `1,939 ;     Power `1,500 ; Depreciation on Machines `10,000 and Sundries ` 9,695.

The expenses of the Services Departments are allocated as under :

P1                           P2­                     P­3                           S­1                           S2

S1                                           20%                 30%                 40%                 –                       10%

S2                                       40%                 20%                 30%                 10%                 –

 

Find out the total cost of product ‘X’ which is processed for manufacture in Department P1, P2 and P3 for 4,5 and 3 hours respectively, given that its Direct Material Cost is `50 and Direct Labour Cost ` 30.

 

20)       Product B passes through three processes before it is transferred to finished stock. The following information is obtained for the month of March :

Details                                                             Process                                   `Finished Stock

I                       II                     III

`                      `                     `                                `

Opening Stock                                      5,000               8,000             10,000                         20,000

Direct Material                        40,000             12,000             15,000                         –

Direct Wages                          35,000             40,000             35,000                         –

Production Overheads                        20,000             24,000             20,000                         –

Closing Stock                          10,000               4,000             15,000                         30,000

Profit % on Transfer price       25%                 20%                 10%                             –

(to next process)

Inter-process Profit for

Opening  Stock           –                         1,395               2,690                         6,534

Stock in process accounts are valued at Prime cost and finished stock has been valued at the price at which it is received from Process III. Sales during the period were Rs. 4,00,000.

Prepare and compute :

  • Process cost accounts showing profit element at each stage ;
  • Actual realized profit ; and
  • Stock valuation for Balance Sheet purpose.

 

21)       Following information has been obtained from the records of a Manufacturing Company :

1-1-2001                                  31-12-2001

`                                    `

Stock of raw materials                                                  40,000                                      50,000

Stock of finished goods                                              100,000                                   1,50,000

Stock of work- in-progress                                           10,000                                      14,000

`

Indirect Labour                                               50,000

Lubricants                                                       10,000

Insurance on Plant                                            3,000

Purchase of Raw Materials                          4,00,000

Sales Commission                                           60,000

Salaries of Salesmen                                     100,000

Carriage Outward                                           20,000

Administrative Expenses                              1,00,000

Power                                                              30,000

Direct Labour                                                3,00,000

Depreciation on Machinery                             50,000

Factory Rent                                                   60,000

Property Tax on Factory Building                  11,000

Sales                                                            12,00,000

Prepare a Statement of Cost and Profit showing

  • Cost of Production ;
  • Cost of Goods Sold ;
  • Cost of Sales ; And
  • Profit

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Commercial Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – NOVEMBER 2010

BC 5503 – COMMERCIAL LAW

 

 

 

Date : 03-11-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

PART – A

Answer ALL Questions                                                                                                 (10 x 2 = 20 marks)

 

  1. Define a contract of indemnity.
  2. What is Revocation of guarantee?
  3. Define bailment.
  4. What is pledge?
  5. State whether a partnership agreement should be registered.
  6. What is meant by dissolution of the firm?
  7. What is meant by consumer dispute?
  8. Define a Consumer.
  9. What is VAT?
  10. State the objectives of consumer protection?

 

PART – B

 

Answer any FIVE Questions                                                                                        (5 x 8 = 40 marks)

 

  1. State the rights of the indemnified.
  2. State the circumstances under which a contract of guarantee is discharged.
  3. State the rights of the pledgee.
  4. Define finder of the lost goods.
  5. State the disadvantages of not registering a firm.
  6. State the methods under which a partnership firm could be dissolved.
  7. State the advantages of the consumer protection Act.
  8. Explain the advantages of tax credit system in VAT.

 

PART – C

 

Answer any TWO of the following Questions                                                           (2 x 20 = 40 marks)

 

  1. Explain the rights and duties of bailor and bailee.
  2. What are the rights of the surety against (i) The principal debtor (ii) The credit before and

after payment of guaranteed sum (iii) Co-surety?

  1. State the salient provisions of the consumer protection Act of 1986 and how far it meets

the present requirements and grievances of the modern consumer.

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Business Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIRST SEMESTER – NOVEMBER 2010

BC 1500 – BUSINESS MANAGEMENT

 

 

 

Date : 10-11-10                     Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

PART – A

 

Answer ALL Questions                                                                                                 (10 x 2 = 20 marks)

 

  1. What is Management?
  2. What are the functions of Management?
  3. Enumerate the steps in the process of Planning.
  4. What are the various types of planning?
  5. What is span of Control?
  6. What are the bases of departmentation?
  7. What are the barriers to effective communication?
  8. What is Directing?
  9. Mention essentials of good co-ordination.
  10. What are the advantages of using computers in organization?

 

PART – B

 

Answer any FIVE Questions                                                                                          (5 x 8 = 40 marks)

 

  1. Enumerate Fayol’s principles of management.
  2. What are the advantages and limitations of planning?
  3. Define delegation. What are the three elements of delegation?
  4. When and how can we introduce decentralization?
  5. What is Leadership? What are the theories of leadership?
  6. Explain Maslow’s theory of motivation.
  7. Define Co-ordination. Explain the techniques of Co-ordination.
  8. State the steps in the establishment of controls.

 

PART – C

 

Answer any TWO Questions                                                                                 (2 x 20 = 40 marks)

 

  1. Discuss the nature and importance of management in modern business organizations.
  2. Explain the process of decision-making. Point out the aids to decision-making.
  3. Discuss the various sources of manpower recruitment and Distinguish between recruitment and selection.

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Business Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIRST SEMESTER – NOVEMBER 2010

BC 1500 – BUSINESS MANAGEMENT

 

 

 

Date : 10-11-10                     Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

PART – A

Answer ALL Questions                                                             (10 x 2 = 20 marks)

 

  1. What is Management?
  2. What are the functions of Management?
  3. Enumerate the steps in the process of Planning.
  4. What are the various types of planning?
  5. What is span of Control?
  6. What are the bases of departmentation?
  7. What are the barriers to effective communication?
  8. What is Directing?
  9. Mention essentials of good co-ordination.
  10. What are the advantages of using computers in organization?

 

PART – B

 

Answer any FIVE Questions                                                     (5 x 8 = 40 marks)

 

  1. Enumerate Fayol’s principles of management.
  2. What are the advantages and limitations of planning?
  3. Define delegation. What are the three elements of delegation?
  4. When and how can we introduce decentralization?
  5. What is Leadership? What are the theories of leadership?
  6. Explain Maslow’s theory of motivation.
  7. Define Co-ordination. Explain the techniques of Co-ordination.
  8. State the steps in the establishment of controls.

 

PART – C

 

Answer any TWO Questions                                                            (2 x 20 = 40 marks)

 

  1. Discuss the nature and importance of management in modern business organizations.
  2. Explain the process of decision-making. Point out the aids to decision-making.
  3. Discuss the various sources of manpower recruitment and Distinguish between recruitment and selection.

 

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Business Environment Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIRST SEMESTER – NOVEMBER 2010

BC 1501 – BUSINESS ENVIRONMENT

 

 

 

Date : 12-11-10                     Dept. No.                                                   Max. : 100 Marks

Time : 1:00 – 4:00

 

PART – A

 

Answer ALL the Questions                                                                                 (10 x 2=20 Marks)

 

Give the meaning of the following terms:

 

  1. Business Environment.
  2. Environmental Analysis.
  3. Political Environment.
  4. Globalisation.
  5. The structure of Indian Economy.
  6. Business Ethics.
  7. Social responsibilities of business.
  8. GATT.
  9. Consumerism.
  10. WTO.

PART – B

 

Answer any FIVE Questions                                                                                   (5 x 8 = 40 Marks)

 

  1. Examine the factors responsible for making the Indian Economy global.
  2. What are the merits and demerits of FDI?
  3. Describe the fundamental rights of Indian citizens.
  4. What is social and cultural environment?
  5. Why developing countries allow MNC’s to operate in their countries?
  6. Describe the directive principles of Indian constitution.
  7. What is the role of government in the development of an economy?
  8. What are the rights vested with consumers as per consumer protection Act?

PART – C

 

Answer any TWO Questions                                                                                    (2 x 20 = 40Marks)

 

  1. What is economic environment? Explain the kinds of economic systems and their influence on global business.

 

 

  1. Discuss the role of WTO in Indian socio-economic development.

 

  1. Explain the need for Corporate Social Responsibility.  What are the arguments given for and against CSR?

 

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Portfolio Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

SIXTH SEMESTER – APRIL 2011

BC 6602 – PORTFOLIO MANAGEMENT

 

 

 

Date : 07-04-2011              Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

PART –A

ANSWER ALL QUESTIONS                                                                                      (10 x 2 = 20marks)

  1. Define the term ‘Portfolio’.
  2. Differentiate between σ and β as a measure of risk.
  3. State the components of Rate of return.
  1. What is meant by Yield to Maturity?
  2. Write short notes on Diversification.
  3. What are the risks associated with investment in Bonds?
  4. Give the meaning of ‘formula plans’
  5. A 4 year bond with 7% coupon rate which matures at Rs.1000 is currently traded at Rs.905. Calculate YTM if the investor’s required rate is 10%.
  6. A stock has a required rate of return of 11% as per CAPM. Market return = 10% and risk free return = 5%. Calculate Beta and state whether the stock is defensive or aggressive.
  7. Evaluate the performance of the following portfolio as per Treynor’s Ratio:

Portfolio Return, RP = 50%            Market return, RM = 30%

σ P = 25%                                    σM = 20%

Risk free rate Rf  = 10%

PART – B

ANSWER ANT FIVE QUESTIONS                                                                         (5 x 8 = 40marks)

 

  1. Bring out the objectives of an investment.
  2. What are the stages in the Industry Life Cycle? Explain the significance of this concept to an investor.
  3. What are the fixed income securities available to an investor?
  4. Briefly explain the variables that affect the valuation of Bonds.
  5. What are the assumptions of CAPM? Are there any limitations of this model?
  6. Stocks R & S display the following return over the past three years.

Year                          R(%)                S(%)

2004                         10                    12

2005                         16                    18

2006                         12                     5

What is the expected risk and return of Portfolio made up of 40% of R and 60% of  S?

 

  1. The return of two assets under four possible state of nature is given below.
State of nature Probability Return on asset 1 Return on asset 2
1 0.10 5% 0%
2 0.30 10% 8%
3 0.50 15% 18%
4 0.10 20% 26%

 

a)What is the standard deviation of the return on asset 1 & asset 2?

 

  1. b) What is the covariance between the return on asset1& asset 2?

 

  1. The following information is available in respect of securities A and B:

Security    β         Expected return     Risk premium

A        0.50                 ?                          4%

B        1.75                20%                       ?

 

On the basis of the following information, find out whether the following

securities are over  – priced or under priced:

security β Expected return(%)
I 2.00 20
II 0.75 14
III 1.25 15
IV -0.25 5
V 3.25 31

 

 

 

 

 

 

 

PART – C

ANSWER ANY TWO QUESTIONS                                                                       (2 x 20 = 40 marks)

 

  1. Systematic risk cannot be controlled while unsystematic risk can be reduced. Elucidate.
  2. Explain the concept of Economic analysis for Investment decision.
  3. After a thorough analysis of the aggregate stock market and the Stock of TMT company, you develop the following opinion:

Likely returns

Economic conditions Aggregate market TMT Probability
Good 16% 20% 0.4
Fair 12% 13% 0.4
Poor 3% – 5% 0.2

 

At present the risk free rate is equal to 7%. Would an investment in TMT be

wise?

 

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Office Management Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

SIXTH SEMESTER – APRIL 2011

BC 5504/BC 6601 – OFFICE MANAGEMENT

 

 

 

Date : 20-04-2011              Dept. No.                                                  Max. : 100 Marks

Time : 1:00 – 4:00

 

SECTION-A

Answer all questions                                                                                                             (10×2=20)

 

  1. Define the term office management.
  2. What is meant by Layout?
  3. What is Record management?
  4. Explain the term Communication.
  5. Define Budget.
  6. Explain any two functions of an office.
  7. Explain any two Qualities of a Supervisor.
  8. What is the object of classification of data?
  9. Explain any two functions of an office manager.
  10. What is meant by “Forms”?

 

SECTION-B

Answer any Five questions                                                                                                   (5×8=40)

 

  1. Explain the various departments of a modern office.
  2. Explain the types of communication.
  3. Define office layout and list its objectives.
  4. How can budgetary control help in controlling office costs? Discuss the limitations.
  5. Explain the different types of office reports.
  6. What is mailing service? State how would you plan mailing service.
  7. What are the essential requirements of a good system of controlling office stationery?
  8. Explain the functions of a Supervisor.

 

SECTION-C

 

Answer any two questions:                                                                                                  (2×20=40)

 

  1. Explain the Various methods of Filing.
  2. Explain the functions of Office Management.
  3. What are the Various Sources of collection of Data?

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Industrial Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

SIXTH SEMESTER – APRIL 2011

BC 6603 – INDUSTRIAL LAW

 

 

 

Date : 09-04-2011              Dept. No.                                                    Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

Answer all the questions                                                                        (10 x 2 = 20 Marks)

 

  1. What is gratuity?
  2. Define – ‘Factory’
  3. What is meant by Arbitration?
  4. What is Lay off?
  5. Define – Wage
  6. What do you mean by occupational diseases?
  7. What are unfair labour practices?
  8. What is Super annuation?
  9. Define – Strike
  10. What is ESI?

PART – B

Answer any five questions                                                                       (5x 8 = 40 Marks)

 

  1. What are the provisions in the factories Act 1948, regarding the payment of to extra

        wages for overtime?

  1. What do you mean by employees state insurance fund? What are the purposes for

       which his fund may be expended?

  1. Write a note on Safety of Women employees as per Factories Act.
  2. When does an employee forfeit his right of gratuity?
  3. What is an industrial dispute? What are its essentials?
  4. Distinguish between a settlement and award. What is the period of operation?
  5. State the rule regarding distribution of compensation (for death from injury) and the

       payment of compensation to a woman or a pension under a legal disability.

  1. Distinguish between strike and lockout.

PART – C

Answer any twO questions                                                                       (2 x 20 = 40 Marks)

 

  1. Enumerate briefly the provisions of the factories Act 1948 relating to the health of

        workers.

 

  1. What are the machinery setup in the Industrial Dispute Act 1947 for settlement of

      disputes.

 

  1. State the rules as to the distribution of compensation under the workmen’s

      compensation Act 1923.

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Indian Banking Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – APRIL 2011

BC 5500 – INDIAN BANKING

 

 

 

Date : 11-04-2011              Dept. No.                                                    Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

 

ANSWER ALL QUESTIONS                                                                                ( 10 x 2 = 20 marks)

 

  1. Explain the term “Banking”.
  2. What is commercial bank?
  3. Who is customer?
  4. What is meant by cheque?
  5. How do u open an account in a bank?
  6. What are the objects of crossing?
  7. Explain the principles of sound lending.
  8. Explain the term “ Advances”.
  9. What is Merchant banking?
  10. Explain the term “underwriting”

PART – B

 

ANSWER ANY FIVE QUESTIONS                                                                              (5×8=40 marks)

 

  1. What are the functions of Commercial banks?
  2. Write a note on “priority sector financing”.
  3. Elaborately explain “investment banking”
  4. Explain the relationship between banker and customer.
  5. Explain the kinds of endorsement.
  6. Explain the different forms of loans granted by banks.
  7. What are the benefits of e-banking?
  8. Write a note on “project appraisal “ of a bank.

PART – C

ANSWER ANY TWO QUESTIONS                                                                           (2×20=40 marks)

 

  1. Describe the objects, functions and working of Reserve Bank of India.
  2. What is meant by dishonor of cheque? What are the circumstances in which it is allowed?
  3. Describe the general precautions to be taken by a banker before granting loans and

advances.

 

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Financial Accounting Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

SECOND SEMESTER – APRIL 2011

BC 2501/BC 2500 – FINANCIAL ACCOUNTING

 

 

 

Date : 08-04-2011              Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

Answer all the questions                                                                                           (10×2=20 Marks)

 

  1. Show the necessary entries to adjust the following:
  2. Outstanding salaries 1,200
  3. Prepaid insurance premium Rs.450
  4. A firm purchased a plant for Rs.40,000. Erection charges Rs.2,000. Effective life of the plant is 5 years.

Calculate the amount of depreciation per year under Straight Line Method.

  1. What is single entry system?
  2. What do you understand by “Self – Balancing System of Ledger”?
  3. The Calcutta Trading Co. Ltd. opened a branch at Bangalore on 1st April 1993. From the following

particulars, prepare Bangalore Branch Account in H.O. Books.

Rs.
Goods sent to Bangalore Branch 40,000
Cheque sent to Branch for:
       Rent 4,000
       Salaries 5,000
       Other expenses 2,000
Cash received from Branch 60,000
Stock on 31st March 1994 8,000
Petty cash on hand, 31st March 1994 150

 

 

 

 

 

 

 

 

 

 

 

  1. From the following information, prepare a departmental Trading account of X Ltd., which has two

departments, A and B.

A B
Rs. Rs.
Opening stock 5,000 4,000
Sales 1,00,000 2,00,000
Purchases 75,000 1,50,000
Sales returns 10,000 8,000
Closing stock 4,000 3,000
Wages 3,000 4,000
Carriage inwards 1,000 2,000

 

  1. What is Instalment purchase system?
  2. What is minimum rent?
  3. From the following, calculate the amount of claim in respect of fire occured in a business on

31.12.02.

Sales from 1.4.02 to 31.12.02   Rs.12,00,000

Purchases from 1.4.02 to 31.12.02  Rs.8,00,000

Stock on 1.4.02  Rs.2,00,000

Gross profit 25% on sales.

 

  1. What is meant by loss of profit policy?

 

PART – B

Answer any FIVE questions                                                                                    (5×8=40 Marks)

 

  1. A second hand machinery was purchased on 1.1.2000 for Rs.30,000 and Rs.6,000 and Rs.4,000 were

spent on its repairs and erection respectively. On 1.7.2001, another machine was purchased for

Rs.26,000. On 1.7.2002, the first machine was sold for Rs.30,000. On the same day, one more machine

was bought for Rs.25,000. On 31.12.2002, the machine bought on 1.7.2001 was sold for Rs.23,000.

Accounts are closed on 31st December every year.

Depreciation is written off at 15% per annum on W.D.V. method, prepare machinery account for 3

years ending 31.12.02.

 

  1. From the following particulars, calculate total purchases:
              (Rs.)
Opening balance of B/P 25,000
Opening balance of creditors 30,000
Closing balance of B/P 35,000
Closing  balance of creditors 20,000
Cash paid to Creditors 1,51,000
B/P discharged during the year 44,500
Return outwards 6,000
Cash purchases           1,29,000

 

  1. 13. What is departmental Accounting? Distinguish between Department and Branch Accounting.

 

  1. 14. From the following details, set out the Hire Purchase Trading A/c in the books of a trader who sells a

number of articles of comparatively small value daily on the hire purchase system, showing his profit

on this department of the business for the year ended 31.12.88. For the purpose of charging his hire

purchase customers, he adds 60% to the cost of the goods.

    1.1.88 Rs.
      Stock in customers hands at selling price 31.12.88 1,620
      Sale of goods on hire purchase during the year at selling price 6,534
     Cash received from hire purchase customers at selling price 2,100
     Stock in customers’ hand at selling price 4,674
     Goods repossessed (Instalments due Rs.1,000) valued at 250

 

  1. Mr. N wrote a book on Management and got it published with M/s Nachiar publications on the terms

that royalties will be paid @ Rs.5 per copy sold subject to a minimum amount of Rs.15,000 with a

right of recoupment of short workings over the first three years of the lease.

From the following prepare

(a) Royalties A/c  and (b ) Mr. N’s A/c. The other details are:

Year    No. of copies printed              Closing stock

1991                2,000                                       100

1992                3,000                                       200

1993                4,000                                       400

1994                5,000                                       500

 

  1. A fire occurred in the premises of Winston on 15.3.2005 destroying his stock for which he maintained

no records. The following information was available from his books.

Year Sales (Rs.) Gross Profit (Rs.)
2001

2002

2003

2004

  5,00,000

8,00,000

9,00,000

8,00,000

        50,000

1,20,000

90,000

1,20,000

 

Value of stock on 1.1.2005                                         Rs.40,000

Purchases from 1.1.2005 to 15.3.2005                             75,000

Sales from 1.1.2005 to 15.3.2005                                    80,000

Stock salvaged                                                                   5,000

Calculate the amount to be claimed from the insurance company.

  1. From the following particulars, prepare Trading and Profit and Loss A/c for the year ending 31.3.2006

and Balance Sheet as on 31.3.2006.

              Trial Balance as on 31.3.2006

Particulars Dr. (Rs.) Cr. (Rs.)
Buildings 1,00,000
Capital 2,00,000
Sales (Cash) 1,50,000
Sales (Credit) 50,000
Salaries 10,000
Debtors 50,000
Opening stock 40,000
Wages 5,000
Purchases (Cash) 50,000
Purchases (Credit) 10,000
Cash in hand 5,000
Creditors 60,000
Discount received 1,000
Commission paid 2,000
Purchase Returns 1,000
Carriage inwards 3,000
Drawings 4,000
Sales returns 6,000
Bad debts 2,000
Carriage outwards 3,000
Advertisement 4,000
Rent paid 46,000
Electricity charges 2,000
Printing expenses 3,000
Interest paid 5,000
Rent received 38,000
Machinery 1,00,000
Furniture 50,000
5,00,000 5,00,000

 

  1. The directors of Departmental Stores Ltd. wish to ascertain approximately, the net profit of the A, B

and C departments separately for the quarter ended 31.3.88. It is found impracticable actually to take

stock on that date but an adequate system of departmental accounts is in use and the normal rates of

gross profit for the departments concerned are 40%, 30% and 20% on turnover respectively. Indirect

expenses are charged in proportion to departmental turnover.

Following are the figures for each department:

Particulars A B C
Rs. Rs. Rs.
Stock as on 1.1.88 30,000 35,000 15,000
Purchases to March 31, 1988 35,000 37,500 23,500
Sales to March 31, 1988 60,000 50,000 30,000
Direct expenses 10,100 7,250 3,550

Total indirect expenses for the period (including those relating to other departments) were Rs.21,000 on total sales of Rs.4,20,000.

Prepare accounts showing gross profit and net profit after making provision for stock at 10% of the closing stock in respect of each department.

 

 

PART – C

Answer any TWO questions                                                                                         (2×20=40 Marks)

[

  1. From the following Trial Balance as on 31.3.2006 and the adjustments given, prepare Trading and

Profit and Loss A/c for the year ending 31.3.2006 and the Balance Sheet as on 31.3.2006.

Particulars Dr. (Rs.) Cr. (Rs.)
Opening Stock 15,000  Capital 25,000
Machinery 30,000  Purchase Returns 1,000
Purchases 40,000  Bills payable 5,000
Sales Returns   2,000  Sales 1,24,000
Wages 10,000  Sundry Creditors 5,000
Salaries   5,000  Provision for doubtful debts 500
Office rent 12,000  Provision for discount on debtors 100
Insurance   6,000
Sundry Debtors 20,000
Cash   4,000
Bank Balance 15,600
Bad debts   1,000
1,60,600 1,60,600

Adjustments:

  1. Closing stock at the year end was Rs.30,000
  2. Further bad debts amounted to Rs.500
  3. 5% of the profit is to be appropriated for creating Reserve fund
  4. Create 5% provision for doubtful debts on debtors
  5. Create 2% provision for discount on debtors
  6. Create 1% reserve on creditors.

 

 

  1. A Company has two branches A and B. Goods are invoiced at cost plus 50%. Branch remits cash

received to the H.O. and all expenses are met by H.O. From the following particulars, prepare the

necessary accounts on the stock and debtors system, to show the profit earned at branches.

A B
Rs. Rs.
Stock on 1.1.85 (invoice price) 9,300 15,600
Debtors on 1.1.1985 6,800 8,700
Goods invoiced to the branch (at cost) 34,000 36,000
Sales at branches:
Cash Sales 25,010 35,000
Credit Sales 31,000 30,100
Cash collected from debtors 30,400 29,800
Goods returned by debtors 1,200 1,500
Goods returned by branch to H.O. 1,500 –
Goods transfer from B
  to A at invoice price 2,100 2,100
Shortage of Stock 450 –
Discount to customers 200 350
Expenses at branches 5,400 6,700
Surplus in stock – 300

 

 

 

 

 

 

 

  1. Fire occured in the premises of Bad Luck Co. Ltd. on 1.11.1990. The indemnity period lasted for 4

months during which the sales of the company were reduced to Rs.2,00,000 only. The company closes

its account on 30th June every year. The Profit and Loss A/c for the year ended 30th June 1990 is given

below:

Dr.      Profit and Loss A/c for the year ending 30.6.1990      Cr.

 Particulars Rs. Particulars Rs.
To Opening Stock 5,00,000 By Sales 47,50,000
To Purchases 30,00,000 By Closing stock 2,50,000
To Variable expenses 7,87,500
To Standing charges 3,62,500
To Net Profit 3,50,000
50,00,000 50,00,000

The company took a loss of profit policy for a sum of Rs.6,00,000. The sales of the company for   the 12 months ending the date of fire were Rs.50,00,000 and for the months from 1.11.1989 to 28.2.1990 were Rs.15,00,000.

It was noted that the sales for the first four months of the year under indemnity were 20% higher than previous year. Compute the claim for loss of profit.

 

 

 

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Cost Accounting Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – APRIL 2011

BC 5501 – COST ACCOUNTING

 

 

 

Date : 18-04-2011              Dept. No.                                                    Max. : 100 Marks

Time : 9:00 – 12:00

 

PART  A

 

Answer ALL questions                                                                                              10×2=20 marks

Explain the following terms: Q.nos.1-4

 

  1. Opportunity cost

 

  1. Idle time

 

  1. Overtime wage

 

  1. Retention money

 

  1. State whether the following statements are TRUE or FALSE:
  2.        The cost of normal loss units are borne by the good units produced.
  3. The cost unit for a goods transport service is cost per passenger kilometre.

 

  1. Stock on 1st January 500 units at Rs.10 per unit.

Purchases on 1st January 14500 units at Rs.12 per unit.

On 31st January the stock was 2000 units.

Compute the value of the stock on that date, if materials are priced under ‘Weighted average’ method.

 

  1. Annual requirement is 1600 units. Cost per unit Rs.40. Ordering cost per unit is Rs.50; carrying cost 10% of inventory value. Calculate Economic Order quantity.

 

  1. Time allowed for a job is 48 hours. Time taken by worker X is 40 hours. Time rate is Rs.5 per hour. Calculate the earnings of X under Halsey plan and Rowen plan.

 

  1. Estimated machine hours per year 2000; estimated factory overheads per year Rs.10000; job 77 requires Rs.500 direct material and Rs.300 direct wages. It takes 10 machine hours to complete the job. Compute the factory cost of job 77.

 

  1. 500 units are introduced in process I, 300 units are completed and transferred to process II, 200 units 80% complete are in work-in-progress. If the total expenses of the process is Rs.23000, calculate the value of closing work-in-progress.

 

PART  B

 

Answer ANY FIVE questions                                                                                               5×8=40 marks

 

  1. Discuss the advantages of Cost Accounting.

 

  1. Define ‘labour turnover’. What are the causes for labour turnover? Explain any two methods for computing labour turnover.

 

  1. A machine is purchased for cash at Rs.9,200. Its working life is estimated to be 18,000 hours after which its scrap value is estimated at Rs.200. it is assumed from past experience that:
  2. The machine will work for 1,800 hours annually.
  3. The repair charges will be Rs.1,080 during the whole period of life of the machine.
  • The power consumption will be 5 units per hour at 6 paise per unit.
  1. Other annual standing charges are estimated to be:
  2. Rent of department (machine 1/5th) 780
  3. Light (12 points in the dept – 2 points engaged in the machine) 288
  4. Foreman’s salary (1/4th of his time is occupied in the machine) 6000
  5. Insurance premium (fire) for machinery 36
  6. Cotton waste 60

Find out the machine hour rate on the basis of above data for allocation of the works expenses to all jobs for which the machine is used.

 

  1. A transport service company is running 4 buses between two towns which are 50 kms apart. Seating capacity of each bus is 40 passengers. The following particulars are obtained from the records for the month of April 2010:

Rs.

Wages of drivers, conductors and cleaners                                          24,000

Salaries of office and supervisory staff                                                10,000

Repairs and maintenance                                                                        8,000

Taxes, insurance, etc.                                                                            16,000

Depreciation                                                                                          26,000

Interest and other charges                                                                    20,000

The seating capacity utilised was 75%. All the four buses ran on all days of the months. Each bus had made one round trip daily. The bus consumes 1 litre diesel per 20 kms. The cost of diesel is Rs.10 per litre.

Calculate the fare per passenger-km, if the company wants a profit of 50% on cost.

 

  1. Modern Constructions Ltd. has taken a contract on October 1, 2009. The position of the contract on September 30, 2010 is as follows:

Rs.

Contract price                                                    27,00,000

Materials                                                              5,80,000

Wages paid                                                           9,64,000

Other expenses                                                        24,000

Plant at site                                                          1,60,000

Unused materials at site                                          40,000

Wages payable                                                        36,000

Other expenses due                                                   4,000

Cash received being 75% of works certified     12,00,000

Work completed but not yet certified                    80,000

The plant at site is to be depreciated at 10%.

Material costing Rs.40000 was returned to stores.

Material costing Rs.10000 was stolen from the site.

Prepare the contracts accounts, showing the notional profit and also profit to be transferred to Profit and Loss account.

 

  1. From the following information, prepare a cost sheet for the month of December 2010:

Rs.

Stock on hand – 1st December 2010:

Raw materials                                                 25,000

Finished goods                                                17,300

Stock on hand – 31st December 2010:

Raw materials                                                 26,200

Finished goods                                                15,700

Purchases of raw materials                               21,900

Carriage on purchases                                          1,100

Work-in-progress, 1/12/2010 at works cost         8,200

Work-in-progress, 31/12/2010 at works cost       9,100

Sale of finished goods                                       72,300

Direct wages                                                      17,200

Non-productive wages                                             800

Direct expenses                                                     1,200

Factory overheads                                                 8,300

Administration overheads                                     3,200

Selling and distribution overheads                       4,200

 

 

 

 

 

  1. Calculate the earnings of a worker under i) Halsey Plan  (ii) Rowan plan and (iii) Piece rate system from the following particulars:
  2. Hourly rate of wages guaranteed Rs.6 per hour
  3. Standard time for producing one dozen articles – 3 hours
  4. Actual time taken by the worker to produce 20 dozen articles – 48 hours.

 

  1. From the following data prepare a reconciliation statement:

Rs.

Profit as per cost account                                               1,45,500

Works overheads under-recovered                                     9,500

Administrative overheads under-recovered                     22,750

Selling overheads over-recovered                                      19,500

Over valuation of opening stock in cost accounts             15,000

Over valuation of closing stock in cost accounts                 7,500

Interest earned during the year                                            3,750

Rent received during the year                                            27,000

Bad debts written off during the year                                 9,000

Preliminary expenses written off during the year              18,000

 

PART  C

 

Answer ANY TWO questions                                                                                   2×20=40 marks

 

  1. The following information is provided by S.M.Ltd for the fortnight of April 2010:

Material exe:

Stock on 1.4.2010                                 100 units at Rs.5 per unit

Purchases :

5.4.2010                                                   300 units at Rs.6

8.4.2010                                                   500 units at Rs.7

12.4.2010                                                 600 units at Rs.8

 

Issues:

6.4.2010                                                   250 units

10.4.2010                                                 400 units

14.4.2010                                                 500 units

On 11/4/2010 100 units were returned to supplier and on 15/4/2010 stock verifier found a shortage of 20 units.

Using FIFO and LIFO methods of pricing issues, prepare the Stores Ledger.

 

 

  1. 20,000 units were introduced in Process A, at a cost of Rs.40,000. After processing 18,500 units were transferred to Process B, which produced final output of 18,000 units. Other particulars are given below:

Process A            Process B

Material cost                                                                          Rs.40,000             Rs.  4,000

Labour cost                                                                             Rs.12,000             Rs.10,000

Overheads                                                                              Rs.  8,000             Rs.  9,553

Normal loss % on input                                                      5                              4

Sales value of scrap units                                                  Re.1                       Rs.2

There was no opening or closing work-in-process.

Prepare Process accounts, Normal loss account, Abnormal loss account and Abnormal gain account.

 

 

 

 

 

 

 

 

  1. A company has 3 production departments A, B and C and two service departments X and Y. The following data are extracted from the records of the company for a particular given period:

Rs.

Rent and rates                                      25,000

Power                                                         7,500

General lighting                                      3,000

Depreciation on machinery             50,000

Indirect wages                                        7,500

Sundries                                                  50,000

Additional data, department-wise:

Total           Dept.A         Dept.B       Dept.C      Dept.X     Dept.Y

Direct wages (Rs)                                   50000          15000         10000         15000        7500        2500

HP of machines used                                150                  60               30                50             10        –

Cost of machinery (Rs)                  1250000       300000       400000       500000      25000      25000

Production hours worked                  –                      6226           4028           4066        –               –

Floor space used (sq mt)                  10000             2000           2500           3000        2000          500

Lighting points (nos)                                   60                 10                15               20             10              5

Service department’s expenses allocation:

A                             B                             C                             X                             Y

X                                                 20%                        30%                        40%                        –                              10%

Y                                                  40%                        20%                        30%                        10%                        –

You are required to:

  1. Compute the overhead rate of production departments using the repeated distribution method; and
  2. Hence, determine the total cost of a product whose direct material cost and direct labour cost are respectively Rs.250 and Rs.150 and which would consume 4 hours, 5 hours and 3 hours in departments A, B and C respectively.

 

 

 

 

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Company Law Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FOURTH SEMESTER – APRIL 2011

BC 4501 – COMPANY LAW

 

 

 

Date : 07-04-2011              Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

Section – A

 

  1. Answer all the questions 10 x 2 = 20 Marks

 

  1. What is meant by separate legal entity of a company?
  2. What is corporate veil?
  3. What is shelf prospectus?
  4. What is a share warrant?
  5. What is forged transfer?
  6. What is dividend warrant?
  7. What is a statistical book?
  8. Distinguish between share and stock
  9. What is a debenture trust deed?
  10. What is a memorandum?

 

  1. Answer any five question only : 5 x 8 = 40 Marks

 

  1. Distinguish between private and public company.
  2. State the various clauses in the Memorandum of Association.
  3. Distinguish between share warrant and share certificate.
  4. What are different kinds of debentures?
  5. What statutory books should be maintained by a company registered under the companies Act?

 

  1. Explain the legal effect of memorandum and Articles.
  2. Explain the procedure for incorporation of a company and what documents are to be filed with the registrar?

 

  1. What are characteristics of a company?

 

Section – C

                                                                                  

  • Answer any Two questions only             2 x 20 = Marks

 

  1. What are the consequences for Mis – statement in Prospectus?
  2. Briefly state the legal provisions regarding payment of dividend.
  3. Out line the set – up of company law Administration in India since 1956.

 

 

 

 

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Loyola College B.Com Corporate & Secretaryship April 2011 Company Accounts Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FOURTH SEMESTER – APRIL 2011

BC 4502/BC 4500 – COMPANY ACCOUNTS

 

 

 

Date : 08-04-2011              Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

SECTION – A

Answer ALL questions :                                                                                         (10 x 2 = 20 marks )

 

  1. What is partial underwriting of shares ?
  2. Name any four preferential creditors.
  3. Write a note on Capital Redemption Reserve ?
  4. What do you understand by the term ‘Forfeiture of shares’ ?
  5. Distinguish between ‘Ex-Interest’ and ‘Cum-Interest’ ?
  6. Calculate the goodwill at one year’s purchase of the last three year’s average profit. The profit for the 1st year was Rs.6,000, 2nd year Rs.12,000 and the 3rd year Rs.18,000.
  7. Raj Ltd. issued 40,000 equity shares of Rs.10 each payable as Rs.5 on application and Rs.5 on allotment. Applications were received for 50,000 shares and the allotment was made on pro-rata basis. Krishna to whom 400 shares were allotted, failed to pay the allotment money and his shares were forfeited. Calculate the net amount received on allotment for the remaining shares.
  1. X Ltd. decides to redeem 650, 15% redeemable preference shares of Rs.100 each at premium of 10%. It has a general reserve of Rs.70,000 and Securities premium of Rs.4,000. Calculate the amount required to be transferred to Capital Redemption Reserve a/c in the following cases :-

(a)   If it is decided to issue 1,950 Equity shares of Rs.10 each at 30% premium for the

purpose of redemption of Preference shares.

(b)   If it is decided to issue 3,125 Equity shares of Rs.10 each at 20% discount for the

purpose of redemption of Preference shares.

 

  1.     The liquidator of a company is entitled to a remuneration of 2% on assets realized and    3% on the amount distributed to unsecured creditors. The assets realized Rs.1,00,000 including cash balance of Rs.5,000. Amount available for distribution to unsecured creditors before paying liquidators remuneration was Rs.43,100. Calculate liquidator’s remuneration.

 

  1. 75% of an issue of 3,00,000 shares of Rs.10 each is underwritten by R & Co. Applications totaled 2,00,000 shares. Determine the liability of the underwriters ?

SECTION – B

Answer any FIVE questions :                                                                                  ( 5 x 8 = 40  marks)

 

  1. State the provisions of the Companies Act regarding the calculation of net profits available for managerial remuneration.

 

  1. State the legal requirements for alteration of share capital.
  2. G Ltd. issued 2,000, 12% debentures of Rs.100 each on 1.1.2005 at a discount of 10%, redeemable at premium of 15% in equal annual drawings in 4 years out of profits. Give    journal            entries both at the time of issue and redemption of debentures.

 

 

  1. Determine the maximum remuneration payable to the part time directors and manager under

Section 309 and 387 from the following particulars:

Before charging any such remuneration the Profit & Loss account showed a credit balance of Rs.23,05,000 for the year ended 31.03.2008 after taking into account the following particulars:                                                                  Rs.

Profit on sale of investments                                      2,05,000

Subsidy received from government                            4,10,000

Loss on sale of  fixed assets                                          65,000

Ex-gratia to an employee                                               30,000

Compensation paid to an injured workman                   75,000

Provision for taxation                                                 2,79,000

Bonus to foreign technicians                                      3,12,000

Multiple shift allowance                                             1,00,000

Special depreciation                                                       75,000

Capital expenditure                                                     5,10,000

  1. AB Ltd. issued 1,50,000 equity shares. The whole of the issue was underwritten as follows:

X – 50%; Y – 25% and Z – 25%. Applications for 1,20,000 shares were received in all, out of which applications for 30,000 shares under stamp of X, those for 15,000 shares that of Y and those for 30,000 shares that of Z. The remaining shares did not bear any stamp. Determine the liability of the underwriters.

  1. The balance sheet of Wallace Ltd. as on 31.12.2007 was a under:

Rs.                                                                 Rs.

Redeemable preference shares                        Sundry assets                          3,65,000

of Rs.100 each                         1,00,000        Bank                                        1,40,000

Equity shares of Rs.100 each    2,00,000

General reserve                            80,000

P & L a/c                                      50,000

Creditors                                      75,000

———–                                                        ————

5,05,000                                                        5,05,000

On this date the preference shares were redeemed at par. Journalize and prepare balance sheet after redemption.

 

  1. A company went into voluntary liquidation on 31.03.2008, when the following balance sheet was prepared.

Liabilities                                                         Assets

Rs.                                                       Rs.

3,000 shares of Rs.10 each                 30,000 Goodwill                                 6,960

Unsecured creditors                            15,532 Freehold property                   5,000

Partly secured creditors                        5,836 Machinery                               7,480

Preferential creditors                              810   Stock                                     11,710

Bank O/D                                               332   Debtors                                   9,244

Cash                                           100

P & L a/c                               11,816

——–                                               ———-

52,310                                               52,310

The liquidator realized the assets as follows:

Freehold property Rs.3,600; Machinery Rs.5,000; Stock  Rs.6,200;  Debtors Rs.8,700.

The expenses of liquidation amounted to Rs.100 and the liquidator’s remuneration was agreed at 2.5% on the amount realized including cash and 2% on the amount paid to unsecured creditors. Prepare the liquidator’s final statement of account.

 

 

 

 

 

  1. Following are the Balance sheets of two companies as on 31.3.2006

Liabilities                    XLtd.              Y Ltd.

Share capital ( shares of Rs.10  each )           25,000             40,000

Capital reserves                                              5,000               ___

General reserves                                             18,000             50,000

Loans                                                             11,000             20,000

Creditors                                                        21,000             23,000

Provision for tax                                            5,500               26,000

Proposed dividend                                         ___                  5,000

____________________

85,500             1,64,000

___________________

Assets

            Fixed assets                                                     41,500             80,000

Investments                                                     8,500               _

Current assets                                                  34,500             84,000

Goodwill                                                         1,000               –

                                                                                    ____________________

85,500             1,64,000

___________________

Additional information :

  1. X Ltd is absorbed by Y Ltd
  2. Goodwill of X Ltd is worthless
  3. Fixed assets of X Ltd are valued at Rs.39,500
  4. Shareholders of X Ltd are given shares of Y Ltd on the basis of the intrinsic value of these two companies.

Calculate the intrinsic value  of shares of both companies.

SECTION – C

Answer any TWO questions :                                                                                  ( 2 x 20 = 40 marks)

 

  1. Unstable Ltd. went into compulsory liquidation . Their summarized Balance Sheet as at 31st March 2009 appears as under:

 

Liabilities                                                Rs.                Assets                                Rs.

   2,50,000 Equity shares of Rs.10 each     25,00,000    Land and Buildings               5,00,000

Secured Debentures

(secured on Land & Building)              10,00,000    Other Fixed Assets             20,00,000

Unsecured Loans                                     20,00,000    Current Assets                    45,00,000

Trade Creditors                                        35,00,000    Profit & Loss a/c                 20,00,000

90,00,000                                                90,00,000                    Contingent liabilities are :                               Rs.

for Bills Discounted                                        1,00,000

for Excise duty demands                                1,50,000

 

On investigation, it is found that the contingent liabilities are certain to devolve and that the assets are likely to be realized as follows :                Rs.

Land and Buildings                                        11,00,000

Other Fixed Assets                                         18,00,000

Current Assets                                                            35,00,000

Prepare the Statement of Affairs and Deficiency A/c.

 

 

 

 

 

 

 

  1. The following is the Balance sheet of United Industries Ltd on 31.3.2008

 

Liabilities                     Rs.                Assets                            Rs.

Share capital:

6,000 6% preference shares         6,00,000        Goodwill                        45,000

Of Rs.100

12,000  equityshares of Rs.100  12,00,000        Land &Building          6,00,000

8% Debentures                             3,00,000        Plant                            9,00,000

Bank overdraft                             3,00,000        Stock                           1,30,000

Sundry creditors                                      1,50,000        Debtors                       1,40,000

Cash                               15,000

Profit&loss account    7,00,000

Preliminary expenses      20,000

 

25,50,000                                            25,50,000

 

On the above date, the company adopted the following scheme of reconstruction

  1. The equity shares are to be reduced to shares of Rs.40 each fully paid and the preference share to be reduced to fully paid shares of Rs.75 each.
  2. The debenture holders took over stock and debtors in full satisfaction of their claim.
  3. The land and buildings to be appreciated by 30% and plant and machinery to be depreciated by 30%.
  4. The fictitious and intangible assets are to be eliminated.
  5. Expenses of reconstruction amounted to Rs.5,000.

Give journal entries incorporating the above scheme of reconstruction and prepare the reconstructed Balance sheet.

 

  1. From the following Balance sheets prepare a Cash Flow Statement.                                                                       2008          2009                                              2008              2009

                                             Rs.              Rs.                                                   Rs.                Rs.

Capital                 1,80,000      1,80,000          Cash                        40,000           50,000

P & L a/c                23,000         16,000          Debtors                   73,000           77,000

Reserve                  50,000         60,000          Investments             84,000        1,10,000

Debentures          1,14,000      1,30,000          Prepaid expenses     2,000               1,000

Prov. for tax         22,000           13,000          Stock                     1,06,000          92,000

Creditors                96,000      1,03,000          Machinery             1,79,000       1,71,400

Goodwill                    1,000               600

————-        ———–                                        ———–       ————

4,85,000      5,02,000                                        4,85,000       5,02,000

————-        ———–                                        ———–       ————

Additional information:

  • New machinery for Rs. 15,000 was purchased but old machinery costing Rs. 6,000 was sold for Rs.2,000 on which accumulated depreciation was Rs. 3,000.
  • Interim dividend paid 10,000.
  • Tax paid during the year Rs.25,000.

 

 

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