St. Joseph’s College of Commerce M.I.B. 2011 IV Sem International Operations, Logistics And SCM Question Paper PDF Download


St. Joseph’s College of Commerce (Autonomous)



International Accounting

Time: 3 hours                                                                                          Max Marks: 100



  1. Answer ALL the following questions.     (2X10=20)


  1. Define international accounting.
  2. What do you mean by environmental reporting?
  3. Give the meaning of comparable uncontrolled price method of transfer pricing.
  4. Highlight on the role of financial reporting council.
  5. What do you mean by code-law and common-law countries?
  6. Give the meaning of Reportable Segment.
  7. Differentiate between Transaction, Translation and Economic Exposure.
  8. Give the meaning of foreign currency exposure.
  9. 9. Elucidate on the three approaches to currency translation.
  10. Explain resale price method of transfer pricing.




  1. Answer any FOUR of the following questions:      (4X5=20)


  1. Highlight on the importance of international accounting.
  2. Write a note on the functioning of the IASC.
  3. Highlight on the Non-traditional methods of transfer pricing.
  4. Elucidate on IFRS-8-Operating Segment.
  5. Write a note on the management on foreign exchange risk.
  6. Goodwill arising on the acquisition of a foreign operation and fair value adjustments are treated as assets / liabilities of the foreign operation and are expressed in the functional currency of the foreign operation-Discuss.



III. Answer any THREE of the following questions:                           (3X15=45)


  1. Briefly explain the ten environmental factors affecting the international accounting.


  1. What do you mean by harmonisaton? How can harmonisaton be measured? And also explain the pressure from different parties to incorporate harmonisaton in financial reporting.








  1. Briefly explain the Financial Reporting in any of the following two countries (Each carrying 7.5 Marks)
  2. a) US
  3. b) Germany
  4. c) France
  5. d) Australia


  1. All entities that have a different functional currency from the group presentation currency must translate their financial information into the group presentation currency-discuss from inflationary and hyperinflationary economy angle.


  1. Differentiate between:
    1. segment assets and segment liabilities
    2. segment revenue and segment expenses
    3. Business segment and geographical segment.




  1. Answer the following question: (1X15=15)


  1. Aaron Duley, the CEO of Nickel Corporation, was discussing with his CFO, Michael Cucciare, whether the company should adopt international accounting standards for financial reporting purposes. Nickel Corporation is based in a country that permits the use of either international accounting standards or domestic GAAP.

“Michael, reporting under our domestic GAAP is much more costly to the company than reporting under International accounting standards. I understand that fewer disclosures are required under international accounting standards. Moreover, international accounting standards provide more choices when it comes to applying accounting methods to our financial statements to produce the most favorable results. And, to be honest with you, the company is going to have to report under our current domestic GAAP. I certainly don’t want that to happen while I’m CEO.”

“I hear you, Aaron, but converting to international accounting standards might look bad to investors. What if the public finds out that we were trying to hide the operating loss or switched to international accounting standards to manipulate the Bottom line? That could prove even more costly in the long run, while saving the company pennies now.”







  1. Referring to the conversation above, should Nickel Corporation prepare this year’s financial statements in accordance with its domestic GAAP, or use international accounting standards? Justify your recommendations and address any concerns.


  1. Assume you are the CFO of Nickel Corporation. How would you reply to the CEO’s suggestion? Summarize your response including why you opted for or against the adoption of international accounting standards.



  1. In your opinion, is there anything ethically wrong with the CEO’s rationale fro the adoption if international accounting standards? Explain.


  1. As Nickel Corporation’s auditor, would you agree to the switch to international accounting standards?





St. Joseph’s College of Commerce IV Sem International Operations, Logistics And Scm (Iol&Scm) Question Paper PDF Download

St. Joseph’s College of Commerce (Autonomous)

End Semester Examination- APRIL 2014

MIB – IV Semester



Duration: 3 Hrs                                                                                      Max. Marks: 100



I) Answer any SEVEN questions.  Each carries 5 marks.                       (7 x 5 = 35)


  • What are the factors that determine EOQ?


  • What do you understand by Vertical & Horizontal Relationships in Logistics?


  • What are the Risks, which necessitate Insurance as an essential Component of Logistics? What are the different types of marine policy options available?


  • Outline the Role of Freight Forwarders.


  • Explain the difference between Charter Shipping & Liner Shipping?


  • How does Optimised Logistics help in effective Management of Inventory?


  • Derive the Contrast between Systemic control of PDM & monitoring of PDM.


  • Explain the roles of ICD and CFS in international logistics?


  • What do you understand by Intermodal Transportation?


  • Explain the importance of a good Material Handling System.



  1. II) Answer any THREE Each carries 15 marks.      (3×15=45)


  • Describe the evolution of logistics between 1960, 1980 and 2000.


  • Outline in detail with practical examples from a typical industry like automotive/electronics/processed-food (choose any one industry), how Inputs, Activities & Outputs can never be isolated, but have to be closely integrated.


  • Explain the concept of 3PL with a practical example. How does it differ from 4PL?


  • What the role of warehouses in the logistics process? Explain few critical factors to be considered while deciding on warehouses.


  • List out and discuss the emerging trends that will impact the future of international logistics.



III) Compulsory Case study                                                                           (1×20=20)

Sport Shoes, Inc.

Sport Shoes, Inc. (SS) is a well-established U.S. Sport shoe retailer. It sells a complete line of tennis shoes for all major sports as well as a top-of-the-line sport shoe that has become a fashion symbol with young professionals.

All of SS shoes are manufactured in the Pacific Rim and are transported to the United States in containers by water carriers. The containers arrive at the port of Long Beach, where they are transferred to a stack train for movement to its distribution centre in Indianapolis, Indiana. From its distribution centre in Indianapolis, SS despatches direct to ots 250 stores in the United States and 60 stores in Mexico. The total cycle time from Pacific Rim manufacturers to U.S. Stores is four weeks, and to Mexican stores it is seven weeks.

SS has been doing business in Mexico since 1990. It started with three stores and has expanded the business to a current total of sixty stores in Mexico’s Golden Triangle. The Golden Triangle is the region bounded by Mexico City, Guadalajara, and Monterrey. This area contains over half of Mexico’s population.

The logistics of shoes in Mexico reached a critical stage during the period of 2000 to 2001. Considerable growth in the Mexican economy, coupled with the increased importation of U.S. Goods, caused an explosion in demand for SS sport shoes. As SS increased the number of retail outlets in Mexico, it continued to logistically support these stores from its Indianapolis distribution centre. With the increased flow of goods into Mexico from the United States, the congestion at the border crossing points created longer cycle times and increases stock outs.

The growth in the Mexican economy was not matched by an equal growth in its logistics infrastructure. The border crossing points became very congested, with two to three days being the normal customs clearance time during peak periods. The Mexican highway systems  consists of dirt roads (about 55%) and secondary roads (about 25%). The Mexican trucking system is dominated by many small, local companies. No U.S. Trucking companies operate in Mexico, because Mexican law prohibits foreign ownership of Mexican trucking companies, and this has helped. In the near future, NAFTA will permit 100% ownership by foreign investors of Mexican Trucking companies that are hauling foreign merchandise.

Given the growing demand for SS shoes in Mexico, top management has made a strategic commitment to remain in Mexico. Also, top management has made it a high priority to solve the long cycle time for shoes going to the stores in Mexico.




  1. Describe the logistics supply chain for shoes distributed in the United States and in Mexico. What are the major similarities and differences?


  1. What changes would you recommend to the logistics system supporting the Mexican market?


  1. In 1995 the Mexican government devalued the peso by 50% against the U.S. Dollar. This devaluation had a very negative impact on the demand for U.S. Goods in Mexico. How would a similar monetary action affect your recommended logistics systems for shoes in Mexico?