BA Question Paper
Loyola College B.A. Corporate & Secretaryship Nov 2003 Cost Accounting Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034.
DEPARTMENT OF COPORATE SECRETARYSHIP
SECOND INTERNAL ASSESSMENT TEST
CR 5501 – COST ACCOUNTING
III B.A. (Corporate) Max. Marks : 40 marks
Date : 16/10/2003 Time : 5.15 – 6.45 p.m.
PART – A
Answer any THREE questions: ( 3 x 8 = 24 )
- The following details pertain to the Production Department of XYZ Ltd;
Material Consumed – Rs.45,000
Direct Wages – Rs.60,000
Overheads – Rs.90,000
Direct Labour Hours – 15,000 hours
Machine hours – 30,000 hours
Find out different overhead absorption rates.
- Work out the MHR for the following Machine whose scrap value is Nil.
- Cost of Machine Rs.3,60,000.
- Fright and installation Rs.40,000.
- Working Life – 10 years
- Working hours : 8,000 per year
- Repair Charges : 50% of depreciation.
- Power : 10 units per hour @ 10 paise per unit.
- Lubricating Oil @ Rs.2 per day of 8 hours.
- Consumable stores @ Rs.10 per day of 8 hours.
- Wages of operator @ Rs.4 per day.
- Describe various reasons which cause difference between the profits disclosed by cost & financial accounts.
- From the following data valuing to vehicle ‘X’ compute the cost per running km.
Rs.
Cost of Vehicle – 25,000
Road License (Annual) – 750.
Insurance (Annual) – 700
Garage rent (Monthly) – 50
Supervision & Salaries (Monthly) – 100
Driver Wages per hour – 3
Cost of Petrol per Litre – 3
Repairs & Maintenance per km. – 1.65
Tyre allocation per km. – 0.80
Estimated Life of vehicle (kms)- 1,00,000
Kilometres run (annual) – 15,000
Kilometres run per litre – 20
The vehicle runs 20 km. per hour on an average.
- What is escalation clause? ( 2 marks )
Distinguish between job costing and Contract Costing. ( 6 marks )
PART – B
Answer any ONE question: ( 1 x 16 = 16 )
- a) How much Profit, it any, you would allow to be considered in the following case.
Loyola College B.A. Corporate & Secretaryship Nov 2006 Personnel Management Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.A. DEGREE EXAMINATION – CORPORATE & SECRETARYSHIP
|
FIFTH SEMESTER – NOV 2006
CR 5400 – PERSONNEL MANAGEMENT
(Also equivalent to COS 400)
Date & Time : 03-11-2006/9.00-12.00 Dept. No. Max. : 100 Marks
PART – A
Explain the following concepts in FIVE lines each (10 x 2 = 20 marks)
- Paternalism.
- Scaling method
- Trade Union
- Job description
- Job specification
- Interview
- Recruitment
- Grievances
- Selection
- Extrinsic motivation
PART – B
Answer any FIVE questions (5 x 8 = 40 marks)
- Explain the principles of Training
- What is job analysis? What is the scope of job analysis?
- Explain the different kinds of selection tests.
- How would you mange grievances in an organization
- Explain the steps involved in disciplinary procedures.
- Explain the evolution and growth of personal management in India.
- Explain the expectancy theory of motivation.
- Explain any two methods of performance appraisal.
PART – C
Answer any TWO questions (2 x 20 = 40 marks)
- Explain the steps involved in Human Resource Planning.
- What are the various internal and external sources of recruitment available to you for selecting staff?
- Explain the problems and challenges faced by personnel mangers in India.
________________________
Loyola College B.A. Corporate & Secretaryship April 2007 Portfolio Management Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.A. DEGREE EXAMINATION – CORPORATE
|
SIXTH SEMESTER – APRIL 2007
CR 6602 – PORTFOLIO MANAGEMENT
Date & Time: 20/04/2007 / 9:00 – 12:00 Dept. No. Max. : 100 Marks
Section – A
Answer all the questions (10 X 2 = 20 Marks)
- Define investment
- What is a real return?
- ITC’s today price is Rs 27.60, yesterdays price was Rs 22.60. Calculate today security return.
- What are the two types of risk?
- A bond of Rs.1000at 5% interest. Calculate current yield.
- What is aggressive portfolio?
- If present value is Rs 100, Interest rate 5%, Years to maturity 5 years, Calculate future value.
- State the relationship between growth and market value in industrial analysis.
- What is derivative security?
- If standard deviation of market portfolio is 3%, standard deviation of an asset is 2%, and correlation of market return is .65%, calculate beta.
Section – B
Answer Any Five (5 X 8 = 40 Marks)
- What are the reasons for investment?
- During the past five years the stock return are as under. Compute standard deviation, Variance and mean.
Years 1 2 3 4 5
Stock Return 0.04 0.06 -0.03 0.05 .20
- Explain bond valuation theorem.
- An investor invests Rs 5,000 bond with a 10% Coupon rate. Matures in 8 Years and currently sells at 97%. The required rate of return is 11%. Calculate present value of bond. [PVAF 11% @ 8Y è 5.146, PVF 11%, @8Yè 0.434]
- What are the various factors of economic analysis?
- Calculate SHARPE and TREYNOR Indices for WIPRO. If risk free rate is 8% Rank the securities.
Fund Name Average Return Standard Deviation Beta
A 12 15 1.12
B 16 14 1.32
C 18 13 1.26
D 20 12 1.50
- Reliance Invests in two securities. Compute co efficient of Variance, Covariance, Variance and Standard deviation.
Probability .2 .3 .1 .4
Security A 6 -3 5 2
Security B 2 1 7 -4
- Calculate the market sensitivity index, Beta, and the expected return on the investment of the following data.
Standard deviation of an asset 2.5%
Market Standard deviation 2.0%
Risk free rate of return 13.0%
Expected return on market portfolio 15.0%
Correlation coefficient of portfolio with market .8
Section – C
Answer Any Two (2 X 20 = 40 Marks)
- What are the new innovations in the Debt instrument available to an individual investor?
- Calculate Beta, Alpha and correlation from the following securities index.
Date NSE Index SATYAM Stock Value
May 1 162 130
May 2 165 132
May 3 167 136
May 4 160 139
May 5 159 145
May 6 169 131
- Calculate Jensen’s performance Index
Period Return on L&T Trade bill rate NSE Sensex Index
2002 5 12 10
2003 -4 10 6
2004 6 8 -5
2005 11 6 12
2006 12 9 9
2007 10 5 13
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Loyola College B.A. Corporate & Secretaryship April 2007 Personnel Management Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
|
B.A. DEGREE EXAMINATION –CORPORATE
FIFTH SEMESTER – APRIL 2007
CR 5400 – PERSONNEL MANAGEMENT
Date & Time: 03/05/2007 / 1:00 – 4:00 Dept. No. Max. : 100 Marks
PART – A
Explain the following concepts in FIVE lines each (10 x 2 = 20 marks)
- Personnel management
- Human resources planning
- Job analysis
- Grievances
- Discipline
- Performance appraisal
- Training
- Recruitment
- Psychological Testing
- Application Blank
PART – B
Answer any FIVE questions (5 x 8 = 40 marks)
- What are the qualities of a good personnel manager?
- State the objectives of Human resource Planning
- Explain the principles involved in managing discipline in an organization.
- How would you assess training needs in an organization?
- What is appraisal counseling? How would you conduct appraisal counseling?
- What is a trade Union? What are its functions?
- How would you design an application blank?
- State the objectives of personnel management.
PART – C
Answer any TWO questions (2 x 20 = 40 marks)
- Explain any four major theories of motivation.
- Explain the various methods performance appraisal.
- Explain the advantages and disadvantages of any six methods of Training.
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Loyola College B.A. Corporate & Secretaryship April 2007 Office Management Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.A.
|
DEGREE EXAMINATION –CORPORATE
SIXTH SEMESTER – APRIL 2007
CR 6601 – OFFICE MANAGEMENT
Date & Time: 18/04/2007 / 9:00 – 12:00 Dept. No. Max. : 100 Marks
PART – A
(Answer all Questions) 10 X 2 = 20
- What do you understand from Centralisation of office services?
- Define Office Stationery and list out the various stationeries available in an office.
- What do you mean by Cost Reduction?
- List out the various appliances available in an office.
- What is a Diazo?
- What are the various types of Office Reports?
- Define Indexing.
- What are the various types of Business Mails?
- Define Office Procedure.
- What do you mean Office Layout?
PART – B
(Answer any 5 Questions) 5 X 8 = 40
- Discuss the various factors which influence the physical environment in an office.
- What are Office Equipments? Explain the salient features of Office Equipments.
- What are the various functions an office supervisor should perform for efficient functioning of an office?
- Define filing and what are the requirements of a good filing system?
- Explain the various functions carried out in an office.
- Why Departmentation of office work is necessary? Also discuss the importance of departments in an office.
- Write a note on principal methods of data collection.
- What is Work Simplification? What are the fundamental principles of work simplification?
PART – C
(Answer any 2 Questions) 2 X 20 = 40
- What do you mean by Office System? What is its significance and explain the advantages of having an office system?
- Discuss about the important methods of classification of filing. State the advantages of each method in detail.
- Explain the importance of Office Cost Reduction and Cost Saving. What are the main methods of cost reduction and cost saving?
- Give a detailed note on the organizational structure in an office and give its importance.
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Loyola College B.A. Corporate & Secretaryship April 2007 Management Accounts Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034 B.A. DEGREE EXAMINATION – CORPORATE & SECRETARYSHIP
|
SIXTH SEMESTER – APRIL 2007
CR 6600 – MANAGEMENT ACCOUNTS
Date & Time : 16-04-2007/9.00-12.00 Dept. No. Max. : 100 Marks
SECTION – A
Answer all the questions. 10 x 2 = 20
- What is ratio analysis?
- Define ‘Budget’.
- A project costs Rs. 5,00,000 and yields annually a profit of Rs. 80,000 after depreciation at 12% p.a. but before tax at 50%. Calculate pay-back period.
- Define Fund Flow Statement.
- Calculate Net profit ratio. Sales Rs.3,50,000, Cost of goods sold Rs.1,50,000
Administrative expenses Rs.50,000 Selling expenses Rs. 10,000.
- Define financial statements.
- Write the ‘Principles’ for preparation of Working Capital Statement.
- Define current asset.
- Suresh and company supplies the following information regarding the year ended 31-12-2000. Cash sales Rs. 80,000; Credit sales Rs. 2,00,000’ Return inward Rs. 10,000; Opening stock Rs. 25,000; Closing stock Rs. 30,000; Gross profit ratio is 25%; Find out inventory turnover ratio.
- What is the objective of ‘cash budget’?
SECTION – B
Answer any FIVE questions. 5 x 8 = 40
- Johnson Ltd. has Rs. 80,000 to invest. It has two alternative proposals at hand for consideration. The alternatives are:
Product X
Rs. |
Product Y
Rs. |
|
Investment outlay
Cash inflows: Year 1 2 3 4
|
80,000
32,000 32,000 36,000 — 1,00,000 |
80,000
30,000 30,000 30,000 10,000 1,00,000 |
Required:
- Which investment proposal would you recommend under pay-back method?
- Would your decision be different if proposal Y has Rs. 40,000 in the third year instead of Rs. 30,000 inflow?
- Calculate the Debtors turnover ratio from the following.
Rs.
Total sales for the year 1987 1,00,000
Cash sales for the year 1987 20,000
Debtors as on 1-1-1987 10,000
Debtors as on 31-12-1987 15,000
Bills receivable as on 1-1-1987 7,500
Bills receivable as on 31-12-1987 12,500
- From the following information show the results of operations of manufacturing concern using trend percentages with 2004 as base year.
(amount in ‘000s)
Particulars | 2001 | 2002 | 2003 | 2004 |
Sales
Cost of goods sold Gross profit Total selling expenses Net operating profit |
1,300
728 572 120 452
|
1,200
696 504 110 394 |
950
589 361 97 264 |
1,000
600 400 100 300 |
- Explain the characteristics of management accounting.
- You are required to calculate the following:
(a) Working capital turnover (b) Fixed assets turnover (c) Capital turnover
The information available is as under:
Capital employed : Rs. 4,00,000 Current liabilities : Rs. 40,000 Current assets ; Rs. 2,00,000
Net fixed assets : Rs. 2,50,000 Sales: Rs. 5,00,000 Cost of sales: Rs. 4,00,000
- What are the advantages of ratio analysis?
- Explain the most important techniques of analysis and interpretation of financial statements.
- Calculate funds from operations from the following profit and loss Account:
Profit and Loss Account
Dr Cr
Particulars | Rs. | Particulars | Rs. |
To Expenses paidTo Depreciation To Loss on sale of Building To Discount To Goodwill To Net profit |
1,00,000
40,000 15,500 500 12,000 52,000 ———–2,20,000 |
By Gross Profit
By Gain on sale of machinery |
2,00,000
20,000
———– 2,20,000
|
SECTION – C
Answer any TWO questions. 2 x 20 = 40
19. The following aer the Balance sheets of Domi co. Ltd as on 31-12-2000 and 31-12-2001.
Balance Sheets
Liabilities | 2000
Rs. |
2001
Rs. |
Assets |
2000
Rs. |
2001
Rs. |
Share capital
General reserve P & L A/c B ank Loan Creditors Provision for taxation |
1,00,000
25,000 15,250 35,000 75,000 15,000
2,65,250 |
1,25,000
30,000 15,300 – 67,600 17,500
2,55,400 |
Building
Machinery Stock Debtors Cash in hand Cash at bank Investment |
1,00,000
75,000 50,000 40,000 250 – – 2,65,250
|
95,000
85,500 37,000 31,100 300 4,000 2,500 2,55,400 |
Additional Information:
(a) dividend of Rs. 11,000 was paid (b) Machinery was purchased for Rs. 15,000
(c) Income tax paid during the year Rs. 16,500. Prepare Cash Flow Statement.
- Using the information given below prepare a cash budget showing expected cash receipts and
disbursement for the month of May and balance expected at May – 31 – 1986. Budgeted cash balance
May 1, 1986 R. 60,000.
Sales:
March Rs. 5,00,000
April Rs. 3,00,000
May Rs. 8,00,000
Half collected in the month of sales, 40% in the next month and 105 in the third month.
Purchases:
April Rs. 2,50,000
May Rs. 4,00,000
40% paid in the month of purchase and 605 paid in the next month.
Wages due in May for Rs. 88,000. 3 years insurance policy due in May for renewal Rs. 2,000 to be paid in cash. Other expenses for May, payable in May, Rs.44,000. Depreciation for the month of May Rs. 2000. Accrued taxes for May payable in December Rs. 6,000. Fixed deposit receipts due May 15th Rs. 1,75,000 plus Rs. 10,000 interest.
- The cost of an article at a capacity level of 5,000 units is given below:
Rs.
Material cost 25,000 (100% variable)
Labour cost 15,000 (100% variable)
Power 1,250 (80% variable)
Repairs 2,000 (75% variable)
Stores 1,000 (100% variable)
Inspection 500 (20% variable)
Depreciation 10,000 (100% variable)
Administrative overheads 5,000 (25% variable)
Selling overheads 3,000 (25% variable)
———
62,750
———
Cost per unit Rs. 12.55
Find the unit cost of the product at production levels of 4,000 units and 6,000 units.
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Loyola College B.A. Corporate & Secretaryship April 2007 Cost Accounting Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.A.
|
DEGREE EXAMINATION – CORPORATE
FIFTH SEMESTER – APRIL 2007
CR 5501 – COST ACCOUNTING
Date & Time: 28/04/2007 / 1:00 – 4:00 Dept. No. Max. : 100 Marks
Section: A
Answer all questions: 10 x 2 = 20
- State the objectives of Cost Accounting.
2) a) Imputed Cost is a ———- Cost.
- b) Operating Costing is suitable for ———— Industries.
- What is a Cost Sheet?
- From the following figures calculate Economic Order Quantity and the number of orders to be placed in each year.
Annual consumption of materials – 4,000 units.
Cost of buying per order – Rs.5
Cost per unit- Rs.2 per unit.
Storage and carrying cost – 8% on average inventory.
- Find out the value of closing stock under LIFO:
Purchases of material on 1-2-04: 1000 units’ @Rs.12 per unit.
Purchases of material on 5-2-04: 1500 units @Rs.14 per unit
Issue on 15-2-04: 2100 units.
- Calculate the total earnings from the following data under Halsey plan and under Halsey-weir plan. Standard Time: 10 hours; Time taken: 8 hours; Time rate: Rs.2.50 per hour.
- What are the bases for apportionment of expenses given below to the different departments? 1) Depreciation, 2) Canteen expense, 3) Factory cleaning, 4) Crèche expenses, 5) Power.
8) Write short note on a) Work Certified, b) retention money.
- Answer the following questions in a sentence or two: A) How the normal loss treated in process costing? B) How is abnormal loss valued in process costing?
- A transport service company is running four buses between two towns which are Apart. Seating capacity of each bus is 50 passengers. Actual passengers carried were 80% of the seating capacity. All the four buses ran on all the days and of the month if April 2005. Each bus made one round trip per day. Calculate the total kilometers and total passenger kilometers for the month.
Section – B
Answer any five only: 5 x 8 = 40
- Distinguish between Financial accounting and Cost accounting.
- Briefly explain various inventory control techniques.
- What is Labour Turnover? Explain its causes and effect. And also suggest the steps to reduce labour turnover.
- A) Compute machine hour rate from the information given below;
Cost of machine X Rs.13, 500.
Life of the machine – 10 years.
Estimated scrap value after 10 years Rs.1, 980.
Working hours 1800.
Insurance per annum Rs.45
Cotton wastes per annum Rs.75
Rent of dept. per annum Rs.975
Foreman’s salary per annum Rs.7500
Lighting for dept. per annum Rs.360
Repairs for entire life Rs.1440
Power: 10 units @ 7.5 paise per unit.
Machine X occupied 1/5 of the area and foreman devotes ¼ of his time to the machine. The machine has two light points out of the total 12 for lighting in the department.
- B) Distinguish between allocation and apportionment.
- The following details are available from the books of accounts of accounts of a contractor for the year ended 31st March, 2004 with respect top particular contract No.113. He has undertaken for a manufacturing organization:
Materials sent to site 5, 11,800
Labour engaged in site 4, 66,100
Cost of plant installed at site 1, 00,000
Direct expenses 24,000
Establishment expenses 29,000
Materials returned to stores 2,120
Work certified 10, 70,000
Cost of work not certified 31,000
Materials in hand as on 31st March, 2004 12,220
Accrued wages as on 31st March, 2004 11,160
Accrued Direct expenses 1,330
Value of plant as revealed on 31st March, 2004 88,000
The contractor price agreed upon with the Contractee is Rs.13, 00,000 payment of Rs.9, 90,000 has been received from the Contractee. You are required to prepare the contract account, computing and incorporating the said account the profit to be taken to the profit and loss account for the year ended 31st March, 2004.
16) A product passes through three processes, A, B and C. The normal wastage if each process is as follows; Process A- 3%; B- 5%; C- 8%. The wastage of process A was sold at Rs.0.50 per unit, B at Re.1 per unit and C at Rs.2 per unit. 20,000 units were introduced in process A at a cost of Re.1 per unit. The other expenses are:
Process-A Process-B Process-C
Rs. Rs. Rs.
Sundry materials 2,000 3,000 1,000
Labour 10,000 16,000 13,000
Direct expenses 2,100 2,367 4,018
Actual output (units) 19,000 18,200 16,200
Prepare the process accounts, assuming that there were not opening or closing stocks. Also give the abnormal loss and abnormal gain account, normal loss account.
- A) From the following information calculate: a) Economic order quantity, b) Reorder level, c) Maximum level, d) Minimum level.
Normal usage is 150 units per day. Minimum usage is 100 units per day. Maximum usage is 200 units per day. Reorder period 50 to 60 days. The annual usage is 50, 000 units. The cost of purchase is Rs.100 per order. Cost per unit is Re.1 carrying cost is 10%per annum.
- B) Draw a stores ledger card recording the following transaction under FIFO method.
2000 July. 1 Opening stock 2,000 units at Rs.10 each.
5 Received 1,000 units at Rs.11 each.
6 Issued 500 units
10 Received 5,000 units at Rs.12 each.
12 Received back 50 units out of the issue made on 6th July.
14 issued 600 units.
18 Returned to supplier 10o units out of goods received on 5th July.
19 Received back 100 units out of the issue made on 14th July.
20 Issued 150 units.
25 Received 500 units at RS.14 each.
28 Issued 300 units.
The stock verification report reveals that there was a shortage of 10 units on 18th July and another shortage of 15 units on 26th July.
- A manufacturer of product X finds that in 2005 it cost him Rs.7,20,060 to manufacture 175 products of X, which he sold for Rs.5,400 each. The cost made up of:
Materials Rs.2, 82,000
Direct wages. Rs.3, 24,000
Factory Overhead. Rs. 48, 600
Office Overhead. Rs. 65, 460
For the next year he estimates that:
- Each product will require materials of Rs.1, 600 and labour Rs.1, 800.
- The factory overhead will bear the same relation to wages as in the previous year.
- The office overhead percentage on factory cost will be the same as in the past. Prepare a statement showing the profit he would make per unit, if he reduces the price of the product by Rs.200.
Section – C
Answer any two only. 2 x 20 = 40
- Electronics Ltd., furnish the following information. It has three production departments A, B and C and two service departments D and E. The following figures are extracted from the records of the company:
Rent and Rates. Rs.5, 000. Power Rs. 1, 500
General lighting Rs. 600 Depreciation on Machinery Rs.10, 000
Indirect wages Rs. 1500 Sundries Rs.10, 000
The following further details are available:
Particulars A B C D E
Floor Area (Sq.mts.) 2000 2500 3000 2000 500
Light points 10 15 20 10 5
Direct wages (Rs) 3000 2000 3000 1500 500
H.P.of Machine 60 30 50 10 —-
Value of Machine.Rs.60000 80000 100000 5000 5000
Working hours 6226 4208 4066
The expenses of D and E are allocated as follows:
A B C D E
D 20% 30% 40% — 10%
E 40% 20% 30% 10% —
What is the total cost of an article if its raw material cost is Rs.50. Labour cost Rs.30, and it passes through departments A, B and C for 4, 5 and 3 hours respectively?
- The following data are available is respect of Process I for a month.
Opening work in-progress: 900 units at Rs.4500
Degree of completion: Materials 100%, Labour 60%, Overhead 60%
Input of Materials: 9100 units at Rs.27, 300
Direct wages: Rs.8, 200
Production overhead: Rs.16, 400
Units Scrapped: 1,200 units
Degree of completion: Materials 100%, Labour 70%, Overhead 70%
Closing work in progress: 1000 units
Degree of completion: Materials 100%, Labour 80%, Overhaead 80%
Units transferred to next
Process: 7, 800 units.
Normal process loss in 10% of total input (opening stock plus units put in); Scrap value is Rs.3 per unit.
Required:
- Compute equivalent production
- Compute cost per equivalent unit for each element and cost of abnormal loss or gain, closing WIP and units transferred to the next process; and
- Prepare necessary accounts.
- From the following particulars prepare:
- A statement of cost of manufacture for the year 2005
- A statement of profit as per cost accounts and
- Profit and loss account in the financial books
- Prepare also a reconciliation between cost and financial records
Rs.
Opening stock of raw materials 30, 000
Opening stock of finished goods 60, 000
Purchase if raw materials 1, 80,000
Stock of raw materials at end 45, 000
Stock of finished goods at end 15, 000
Wages 75, 000
Calculate the factory expenses at 25% on prime cost and Office expenses at 75% on factory expenses.
Actual works expenses amounted to Rs.58, 125 and actual office expense amounted to Rs.45, 750. The selling price is fixed at a profit of 25% on cost.
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