M.Com

St. Joseph’s College of Commerce M.Com. 2015 I Sem Management Concepts And Organisationalbehaviour Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT.2015
M.COM (I.B.) – I SEMESTER
P415 MC 103: MANAGEMENT CONCEPTS AND ORGANISATIONALBEHAVIOUR
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. What are the components and functions of attitudes?
  2. Distinguish between Type A and Type B personality?
  3. Explain the different types of employee involvement and employee recognition     programs with the help of suitable examples.
  4. What is attribution theory? What is its application in OB?
  5. Bring out the ethical issues in power and politics.
  6. Identify and discuss five styles of conflict management.
  7. Define organisational culture. Trace and explain the various cultural dimensions.
  8. Name four different schedules of reinforcement. Describe how each may be used in organizations.
  9. Bring out the levels of change. Which level of change is more common in organizations? Why?
  10. What is the difference between a manager and a leader? Do leaders need different skills to be effective?
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. Compare and contrast classical conditioning theory with operant theory of learning.
  12. Discuss a few models of organizational behaviour.
  13. Explain:  a) Hersey-Blanchard theory of leadership

b) Vroom Vetter’s Contingency Model.
  14. What is group dynamics? What are the different stages of group formation?
  15. What is Valence? Explain Vroom’s Valence Theory and explain how the management can successfully motivate people, taking clues from the same.
SECTION – C
III. Case Study                                                                                                              (1×20=20)
  16. Betty Kesmer was continuously on top of things. In school, she had always been at the top of her class. When she went to work for her uncle’s shoe business, Fancy Footwear, she had been singled out as the most productive employee and the one with the best attendance. The company was so impressed with her that it sent her to get an M.B.A. to groom her for a top management position. In school again, and with three years of practical experience to draw on, Kesmer had gobbled up every idea put in front of her, relating many of them to her work at Fancy Footwear. When Kesmer graduated at the top of her class, she returned to Fancy Footwear. To no one’s surprise, when the head of the company’s largest division took advantage of the firm’s early retirement plan, Kesmer was given his position.

Kesmer knew the pitfalls of being suddenly catapulted to a leadership position, and she was determined to avoid them. In business school, she had read cases about family businesses that fell apart when a young family member took over with an iron fist, barking out orders, cutting personnel, and destroying morale. Kesmer knew a lot about participative management, and she was not going to be labeled an arrogant know-it-all.

Kesmer’s predecessor, Max Worthy, had run the division from an office at the top of the building, far above the factory floor. Two or three times a day, Worthy would summon a messenger or a secretary from the offices on the second floor and send a memo out to one or another group of workers. But as Kesmer saw it, Worthy was mostly an absentee autocrat, making all the decisions from above and spending most of his time at extended lunches with his friends from the Elks Club.

Kesmer’s first move was to change all that. She set up her office on the second floor. From her always-open doorway she could see down onto the factory floor, and as she sat behind her desk she could spot anyone walking by in the hall. She never ate lunch herself but spent the time from 11 to 2 down on the floor, walking around, talking, and organizing groups. The workers, many of whom had twenty years of seniority at the plant, seemed surprised by this new policy and reluctant to volunteer for any groups. But in fairly short order, Kesmer established a worker productivity group, a “Suggestion of the Week” committee, an environmental group, a worker award group, and a management relations group. Each group held two meetings a week, one without and one with Kesmer. She encouraged each group to set up goals in its particular focus area and develop plans for reaching those goals. She promised any support that was within her power to give.

The group work was agonizingly slow at first. But Kesmer had been well trained as a facilitator, and she soon took on that role in their meetings, writing down ideas on a big board, organizing them, and later communicating them in notices to other employees. She got everyone to call her “Betty” and set herself the task of learning all their names. By the end of the first month, Fancy Footwear was stirred up.

But as it turned out, that was the last thing most employees wanted. The truth finally hit Kesmer when the entire management relations committee resigned at the start of their fourth meeting. “I’m sorry, Ms. Kesmer,” one of them said. “We’re good at making shoes, but not at this management stuff. A lot of us are heading toward retirement. We don’t want to be supervisors.”

Astonished, Kesmer went to talk to the workers with whom she believed she had built good relations. Yes, they reluctantly told her, all these changes did make them uneasy. They liked her, and they didn’t want to complain. But given the choice, they would rather go back to the way Mr. Worthy had run things. They never saw Mr. Worthy much, but he never got in their hair. He did his work, whatever that was, and they did theirs. “After you’ve been in a place doing one thing for so long,” one worker concluded, “the last thing you want to do is learn a new way of doing it.” 

Case Questions:

 

a. What factors should have alerted Kesmer to the problems that eventually came up at Fancy Footwear?
b. Could Kesmer have instituted her changes without eliciting a negative reaction from the workers? If so, how?

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2015 I Sem Accounting For Decision Making Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous) 
End Semester Examinations – Sept/Oct. 2015
M.COM(I.B.) – I SEMESTER
P4 15 MC 102: ACCOUNTING FOR DECISION MAKING
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. State which of the following would result in inflow/outflow of cash or cash equivalents:

Sl. No. Items Effect on Cash or Cash Equivalents
1 Purchase of Stock-in-trade for cash  
2 Sale of goods costing Rs. 10,000 for Rs. 12,000 for cash  
3 Sale of goods on credit  
4 Purchase of a fixed asset by issue of shares  
5 Sale of a fixed asset (book value Rs. 15,000) at a loss of Rs. 5,000.  
6 Cash received from trade receivable Rs. 9,000 and allowed discount Rs. 1,000.  
7 Shares issued for cash.  
8 Issue of fully paid bonus shares  
9 Redemption of Debentures by converting them into equity shares  
10 Writing off bad debts against the provision for doubtful debts  
  2. Extracts of Balance Sheets are given below:

Particulars 31/12/14 31/12/15
Balance of P&L A/c 1,00,000 1,50,000
Additional information    
1) Depreciation charged on assets   10,000
2)  Preliminary expenses written off   5,000
3)  Amount transferred to dividend Equalization fund   15,000
4)  A plant having a book value of Rs. 60,000 was sold for   65,000
5)  Interim dividend paid   10,000

Calculate funds from operation.

 
  3. Following is the Balance Sheet of Sunshine Ltd., for the year ending December 31, 2014:

 

 

 

Balance Sheet

Liabilities Rs. Assets Rs.
Equity Share Capital 5,00,000 Land and Building 3,50,000
5% Debentures 2,00,000 Plant and Machinery 2,50,000
Bank Loan (Long term) 1,50,000 Cash in hand 25,000
Sundry Creditors 75,000 Cash at Bank 55,000
Bills Payables 50,000 Sundry Debtors 85,000
Outstanding Expenses 5,000 Bills Receivables 1,05,000
    Stocks 1,00,000
    Prepaid Expenses 10,000
  9,80,000   9,80,000

From the information given above, calculate:

(i)                 (a) Current Ratio (b) Acid test Ratio  (c) Absolute Liquid Ratio

(ii)              Comment on the short term financial position.

 
  4. The following information at 50% capacity is given. Prepare a flexible budget and forecast the     profit or loss at  90% capacity.

Particulars Expenses at 50% capacity                       (Rs)
Fixed Expenses:  
Salaries 50,000
Rent and Taxes 40,000
Depreciation 60,000
Administrative Expenses 70,000
Variable Expenses:  
Materials 2,00,000
Labour 2,50,000
Others    40,000
Semi-Variable Expenses  
Repairs 1,00,000
Indirect Labour 1,50,000
Others 90,000

It is estimated that fixed expenses will remain constant at all capacities. Semi-Variable expenses will not change between 45% and 60% capacity, Semi-Variable expenses but they will rise by 10% between 60% and 75% capacity, a further increase of 5% when capacity crosses 75%

 

Estimated sales at 90 percent  level of capacity is 15,00,000:

 
  5. A firm purchased Machinery I on 01/01/2014 for Rs.58,200 and spent Rs.1,800 on installation.  On 01/07/2014 Machinery II was purchased for Rs.20,000/-.  On 01/07/2014 Machinery I was auctioned for Rs.38,600 and on the same date Machinery III was purchased at the cost of Rs.40,000/-.  Depreciation was provided annually on 31st Dec at the rate of 10%.   Prepare Machinery Account, calculating depreciation as per written down method.
   

 

6.

  

 

The following is the record of receipts and issue of a certain material in a factory:

Purchases: 2015

Jan 4th  500 kg at Rs. 25 per Kg.

Jan 6th 1,200 Kg at Rs. 24 per Kg.

Jan 15th 1,800 kg at Rs. 23 per Kg.

 

Issues: 2015

Jan 5th 500 Kg

Jan 20th 800 Kg

Jan 25th 1,500 Kg.

The stock on Jan 1st was 100 kg. at Rs. 26 per kg.  On 22nd Jan, stock verification revealed a shortage of 60 Kg.  Show the Stores Ledger assuming that the shortage is Normal by adopting the FIFO Method.

 
  7. Selling price per unit of an article = Rs.150

Variable cost per unit = Rs.90

Fixed Cost = Rs.6,00,000

Contribution = Rs.60

(a)   What will be the selling price per unit if the Breakeven point is 8000 units

(b)   Compute the sales required to earn a profit of Rs.2,20,000

 
  8. a) Overheads incurred = Rs.19,200

Actual production = 2,000 units

Std variable overhead rate per unit is Rs.10.

Compute variable overhead variance.

b) Classify the following reasons for causing variance in cost of materials used under Material Cost Variance, Material Price Variance, and Material Usage Variance

(i) Change in Transport charges (ii) Pilferage  (iii) Change in Quality

 
  9. Explain Life Cycle Costing.

 
  10. Prepare a statement of cost and profit from the following information, in the books of M/s. Precision Tools Co; for the half year ended Mar 31, 2013.  Also show the costs at each stage in terms of cost per unit and also the total.

  Rs.
Direct materials consumed 4,20,000
Direct labour charges paid 2,00,000
Direct labour charges outstanding 1,80,000
Prime cost expenses 2,00,000
Factory materials consumed 1,80,000
Factory expense including depreciation 40,000
Factory rent 1,00,000
Office salaries 4,80,000
Salesmen’s salaries 2,40,000

 

Units produced during the period 10,000 – all the units were sold @ Rs.300/- each.
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. From the following Balance Sheet, comment on the financial position of the business using comparative balance sheet technique

Name of the Co.:  Raj Ltd. Balance Sheet as at 31st December, 2014 & 2015

Particulars Note No. 31.12.2015 31.12.2014
I.  EQUITY AND LIABILITIES:      
(1)  Shareholders’ Funds:      
        (a) Share Capital  1   21,00,000   11,00,000
        (b) Reserves and Surplus 2     7,25,000     6,00,000
(2)  Share Application Money pending allotment      
       
(3)  Non-current Liabilities:      
        (a) Long-term borrowings (8% Debentures)             10,00,000          2,00,000
(4)  Current Liabilities:      
(a) Short-term borrowings      
(b) Trade Payables (Creditors)       1,00,000        80,000
( c) Other current liabilities (O/S Exps)     25,000    20,000
        ( d) Short-term provisions      
TOTAL     39,50,000  20,00,000
II. ASSETS:      
(1)  Non-current assets:      
        (a) Fixed Assets:      
                    (i) Tangible Assets 3   25,00,000   10,00,000
                   (ii) Intangible Assets      
        (b) Non-current Investments   2,00,000 3,00,000
(2)  Current Assets:      
(a) Current Investments      
(b) Inventories   6,00,000 4,00,000
(c) Trade Receivables (Debtors)   3,50,000 2,00,000
 (d) Cash and Cash Equivalents (Cash)   3,00,000 1,00,000
(e) Short-term Loans and Advances      
 (f)  Other Current Assets      
TOTAL     39,50,000   20,00,000

 

Note: 1:    
Share Capital: 31.12.2015 31.12.2014
Equity Share Capital 12,00,000 6,00,000
Preference Share Capital 9,00,000 5,00,000
  21,00,000 11,00,000
     
 

 

 

Note: 2:

    
Reserves and Surplus:    
Profit and Loss A/c 2,25,000 2,00,000
General Reserve 5,00,000 4,00,000
  7,25,000 6,00,000
     
Note: 3:    
Tangible Assets    
Fixed Assets 40,00,000 18,00,000
Accumulated Depreciation 15,00,000 8,00,000
  25,00,000 10,00,000
  12. From the following Balance Sheet prepare schedule of changes in working capital and fund flow statement.

Name of the Co.:  R Ltd.

Balance Sheet as at 31st December, 2014 and 2015

Particulars Note No. 31.12.2014 31.12.2015
I.  EQUITY AND LIABILITIES:      
(1)  Shareholders’ Funds:      
(a) Share Capital          60,000         65,000
 (b) Reserves and Surplus (P & L A/c)           34,000          26,000
(2)  Share Application Money pending allotment      
(3)  Non-current Liabilities:      
 (a) Long-term borrowings      
(4)  Current Liabilities:      
(a) Short-term borrowings      
(b) Trade Payables (Creditors)      
( c) Other current liabilities          12,000           3,000
( d) Short-term provisions      
TOTAL   1,06,000 94,000
II. ASSETS:      
(1)  Non-current assets:      
 (a) Fixed Assets:      
(i) Tangible Assets (Plant and Machinery)   60,000 50,000
 (ii) Intangible Assets (Goodwill)           30,000         25,000
 (b) Non-current Investments      
(2)  Current Assets:      
(a) Current Investments      
(b) Inventories      
(c) Trade Receivables      
(d) Cash and Cash Equivalents      
(e) Short-term Loans and Advances      
 (f)  Other Current Assets         16,000     19,000
TOTAL        1,06,000        94,000

Additional Information:

a.      Depreciation of Rs. 20,000 on Plant and Machinery was charged to P & L A/c.

b.      Dividend of Rs. 12,000 was paid during the year.

 
  13. “Marginal costing is a valuable technique used by the Management, while taking decisions” explain.

 
  14. Given:

Receivables Turnover =4                   Capital turnover ratio = 2 times

Payable turnover         = 6                   Fixed assets turnover ratio = 8 times

Inventory turnover = 8                        Gross profit ratio= 25%

Gross profit during the year amounted to Rs.80, 000. There are no long term loans or Overdraft. Reserve and surplus amount to Rs. 28,000. Closing inventory of the year is Rs.2,000 above the opening inventory. Bills receivable amount to Rs. 5,000 and Bills payable to Rs.2,000. Prepare a Balance sheet on the basis of the information given above.

 
  15. Hindustan Agro Ltd., was registered with an authorized capital of 8,00,000 shares of Rs.10 each.  6,00,000 shares were issued to the public out of which 5,00,000 share were taken up.  The following balances appeared in the books of the company as on 31st March 2015:

Share Capital 5,00,000 shares of Rs.10 each, Rs.5 called up 25,00,000
Calls in arrears 10,000
Calls in advance 15,000
Profit and Loss balance (on 1.4.2014) 3,50,000
12% Debentures 5,00,000
Unsecured loan 1,50,000
Cash in hand 12,800
Balance with Bank 20,700
Sundry Debtors:  
        More than six months old 25,000
        Other debtors 3,50,000
Sundry creditors 1,82,200
Provision for taxation 75,000
Net profit for the year (after tax) 7,20,000
Freehold premises 16,00,000
Plant and Machinery 18,50,000
Patents 10,000
Goodwill 2,00,000
Preliminary Expenses 44,800
Prepaid Expenses 5,000
Outstanding expenses 66,000
Investment in shares 53,000
Closing stock 3,64,100
Bills receivable 20,000
Bills payable 7,200

 

Prepare the Company’s Balance Sheet for the year ended 31st March 2013 in the prescribed form after taking into account the following matters:

 

a)      Transfer to General Reserve Rs.3,00,000;

b)     Provide for a dividend of 10% on share capital.

 
 

 

SECTION – C
III. Case Study                                                                                                              (1×20=20)

 
  16. (a) “The users of accounting info include both internal and external users”.  Explain.

 

(b) Prepare an accounting equation/Balance Sheet at the end of every transaction:

  1. Kunal started business with cash Rs.2,50,000, Bank loan Rs.1,00,000 and Stock Rs.2,00,000
  2. Paid Rent Rs.10,000, Salaries Rs.20,000
  3. Sold goods costing Rs.50,000 for cash Rs.60,000
  4. Cash Rs.20,000 and goods Rs.10,000 withdrawn for personal use
  5. Loss of goods by fire Rs.10,000

 

 

 

 

St. Joseph’s College of Commerce M.I.B. 2015 I Sem International Business Environment Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
M.COM (I.B.) – I SEMESTER
P4 15 MC 101:INTERNATIONAL BUSINESS  ENVIRONMENT
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
1. What is foreign direct investment? What are the advantages of FDI?
2. How is the WTO different from GATT?
3. Write a brief note on “Letter of  Credit”.
4. Enumerate  the impact of diversity  in international business
5. Discuss the role of various international agencies in reducing / resolving conflicts.
6. Write a  short note  on ethnocentric  approach  in  international business.
7. What is international franchising? List 2 issues in franchising.
8. Explain the factor  price  equalization theory.
9. What is capitalistic economic system?
10. Write a note on TRIPS.
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)

 
11. How do the bilateral and multilateral agreements resolve and prevent conflicts?
12. What is technology? Explain the role of technological changes in the  global business.
13. Bring out the difference between domestic and international business.
14. Define integration.  Explain different levels of integration in international business.
15. Write a short note on European union.
 

SECTION – C
III. Case Study                                                                                                              (1×20=20)
16. Mahindra & Mahindra (M&M) is a major player ¡n the tractor and certain segments of the automobile market in India. After an impressive growth for a few years, the tractor market in India has been stagnating during 1998-99 — 2000-01.

M&M has been selling its tractors and utility vehicles in foreign markets including USA. Some of the components for its products have been sourced from abroad.

M&M has a 100% subsidiary in USA, Mahindra USA, with a strong network of

100 dealers. Mahindra has a five-per cent market share in the US market in the 28-30 horse power (HP)  range.

As a part of the strategy aimed at building a global supply chain, Mahindra USA has signed a memorandum of understanding (MoU) with the Korean tractor major Tong Yang, a part of the $2 bn Tong Yang Moolsam group, according to which Mahindra will source high horse power (mostly 25-40 hp range) and sell them around the world under the M&M brand name. To start with the premium range of tractors will be sold in the US.

M&M’s current tractor range is more utility-oriented and lacks the aesthetic appeal that Tong Yang’s tractors have, a must for a strong presence in the US market.

Questions:

a.  What are the advantages and disadvantages of global sourcing?

b.  How will the foreign market expansion help M&M?

c.  How does the Strategic alliance with Tong Yang benefit M&M?

d.  What are the possible risks of the alliance? How can they be  overcome/minimised?

 

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St. Joseph’s College of Commerce M.Com. 2015 IV Sem Financial Reporting And Operational Compliance Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (Autonomous)

END SEMESTER EXAMINATION –MARCH/APRIL 2015

M.Com –IV Semester

P113401: FINANCIAL REPORTING AND OPERATIONAL COMPLIANCE

Duration: 3  Hours                                                                                           Max. Marks:100

 

SECTION – A

  1. Answer any SEVEN questions. Each question carries 5 marks.             (7×5=35)

                                                                                     

  1. Name the Accounting Standard for the following

 

a.   Exchange Difference :  
b.  Amortisation :  
c.   Borrowing Cost:  
d.  Investments :  
e.   Related Parties:  

 

  1. Briefly explain the applicability and disclosure requirements of AS-2 ‘Valuation of Inventories’

 

  1. List the contents of Annual Report and briefly explain the matters stated in Directors’ Report.

 

  1. Explain Input Tax, Output Tax and Net Tax. What is the due date for filing monthly VAT returns for a dealer claiming input tax credit against output tax?

 

  1. Briefly explain the importance of IEC and Objectives of EXIM policy.

 

  1. Mention any five features of LLP.

 

  1. Distinguish between LLP and Company.

 

  1. List the forms to be filed for obtaining Name Approval and Company Incorporation under Companies Act, 2013.

 

  1. Briefly explain the concept of Negative List and Reverse Charge Mechanism under Service Tax Law.

 

 

 

 

 

 

  1. Write in a sentence about the following:

 

a. FCTRS  
b.  DIN  
c. Maximum Retail Price  
d. AS -22  
e. Designated Partner  

 

Section – B

 

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

 

  1. Who are the users of financial statements? Explain their information needs.

 

  1. Explain the following accounting standards in not more than five sentences.
    1. Accounting Standard (AS) 4 – Contingencies and Events Occurring After the Balance Sheet Date
    2. Accounting Standard (AS) 26 – Intangible Assets
    3. Accounting Standard (AS) 28 – Impairment of Assets

 

  1. Explain briefly the modes of valuation of goods under Central Excise Act, 1944.

 

  1. Calculate the income tax and deferred tax from the following data:

 

  1. Profit of the company before tax –  30,65,740/-
  2. Depreciation as per Companies Act, 1956 – Rs.10,09,345/-

iii.   Depreciation as per Income Tax Act, 1961  – 9,43,435/-

  1. Rate of income tax – 30%

 

  1. Explain briefly the need for making provision for Deferred Tax in the financial statements.

 

  1. What is Declared Service under Service Tax Law? Give 3 examples of Declared Service.

 

  1. Best Exports Pvt., Ltd., an Indian company are exporters of software development services and during the financial year has invoiced the following amounts in various currencies. Arrive at the Net Foreign Exchange Gain/Loss from the details provided below and also specify the following :

 

  • where will the company reflect the exchange gain or loss in the financial statements.
  • Specify what will be the impact on Networth on account of exchange gain or loss.
  • Name the accounting standard which you are applying in arriving at the exchange gain or loss.

 

Sl.No. Invoice No. Date of Invoice Amount Exchange rate on the date of Invoice Exchange rate on the date of realisation
1. 2001 12/08/2013 USD 15,000 63.50 62.25
2. 2015 15/01/2014 GBP 25,000 90.26 95.00
3. 2042 10/02/2014 SGD 10,000 55.30 52.21

 

  1. Briefly explain the applicability of Employees’ Provident Funds Act, 1952 and also provide the contribution to be made by employer and employee under the act.

 

  1. Explain the disclosure requirement under Accounting Standard (AS) 20 – Earnings Per Share

 

Section – C

 

  • Answer the following compulsory

                                                                                                                                   

  1. You are required to prepare financial statements under Revised Schedule VI (including Notes forming part of accounts) from the following trial balance of RBN Trading Ltd. for the year ended 31st March, 2014.

 

RBN Trading Ltd.

Trial Balance as at 31st March, 2014

Particulars Debit (Rs.) Credit (Rs.)
Equity Share Capital (Shares of Rs.10 each) Authorised Capital – Rs.5,00,000/-   1,00,000
Cash Credit Loan   1,76,000
Trade Payables   2,45,900
Sales of Goods   14,55,000
Sale of Services   32,250
Opening Stock of Goods 78,000  
Profit & Loss appropriation   3,25,850
Furniture & Fixtures 25,000  
Plant and Machinery 1,55,000  
Advertisement 5,000  
Purchase of Goods 16,30,000  
Rentals 12,500  
Cash 29,700  
Bank Balance 26,500  
Interest on Cash Credit 15,700  
Salaries and Wages 1,90,000  
Debtors – Trade Receivable 1,28,700  
Direct Expenses 10,300  
Consumables 9,200  
Travelling and Conveyance 19,400  
 Total 23,35,000 23,35,000

 

Additional Information :

– Closing stock of goods as on 31st March, 2014 – Rs. 6,82,500

– Rate of Depreciation

Particulars As per Companies Act As per Income Tax Act
Furniture & Fixtures 15% 10%
Plant and Machinery 25% 15%
  • 15% of debtors are bad, 5 % of debtors are doubtful and 10% are receivable after 2 years from the end of 31st March, 2014.
  • Rate of Income tax – 30%
  • 20% of Trade Payables are payable after one year from the end of 31st March 2014.

 

Also provide relevant Accounting Policies in Notes forming part of accounts.

 

 

 

St. Joseph’s College of Commerce M.Com. 2015 IV Sem Business Policy And Strategic Management Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination –  April 2015

M.COM – IV Semester
P111402: BUSINESS POLICY AND STRATEGIC MANAGEMENT
Duration: 3 Hours                                                                                         Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                               (7×5=35)
  1. What are the Characteristics of Strategic Management Decisions?
  2. Explain the Dimensions of Strategic Management Decisions.
  3. Explain how value chain analysis could help in organizational analysis.
  4. What is a vision? Explain its characteristics.
  5. Why do firms adapt joint ventures strategy? Discuss the strategic issues involved in joint ventures.
  6. Discuss the advantages and limitations of multi divisional structure.
  7. Describe the issues in strategy implementation.
  8. Elucidate the Nature of Marketing strategy.
  9. Explain the components to examine when developing a logistics strategy.
  10. Explain the following:  a) Business Process Reengineering.

b) Bench Marking           c) TQM
 

SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                          (3×15=45)
  11. Discuss the Strategists and their Roles in Strategic Management.
  12. Enumerate economic environment of business. Discuss various factors of economic environment.
  13. How do culture, R&D and Management information system contribute to implementation of business level strategy?
  14. Discuss different types of structures and strategies that would match with each other.
  15. Enumerate the successful maintenance of strategic control.
 

SECTION – C
III) Case Study                                                                                                         (1×20=10)
  16. In may 2001 the car market Vauxhall announced losses of around 190 million pounds resulting from heavy restructuring costs involving the ending of car production at the luton site.

The UK subsidiary of General Motors was also hit hard by increased pressure on new car prices and a decline in output caused by falling demand for the Vectra model.

The Company made operating profits of about 25 million pounds in 2000 but these were wiped out by one-off charges of about 200 million pounds to cover the costs of its withdrawal from luton.

Out put from Vauxhall’s luton and Ellesmere port plants fell by more than 10 percent in 2000. The reduction was largely due to falling sales of the Vectra which was being replaced by a new model at the start of 2002. The

strength of sterling also affected exports to the continent. Vauxhall exported almost 60 percent of production and car derived vans in 2000.

 

General Motors as a whole lost a total of 190 million pounds in Europe in 2000 compared with a profit of 300 million pounds in 1999. The sharp reversal was one of the reasons for the cutback in production, which also affected plants on the continent.

 

Discuss the following questions:

 

a.                  What factors have led General Motors to restructure?

b.                  Why was it decided to close down the Luton plant?

c.                   How does this restructure programmers help Vauxhall to survive?

d.                 What effect will these changes have on the structure of General Motors?

 

 

St. Joseph’s College of Commerce M.Com. 2015 II Sem Strategic Human Resource Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH /APRIL 2015

M.COM – II SEMESTER

P111206: STRATEGIC HUMAN RESOURCE MANAGEMENT

Duration: 3 Hrs                                                                                      Max. Marks: 100 

 

Section – A

 

  1. Answer any SEVEN questions. Each question carries 5 marks.       (7×5=35)

 

  1. State True or False for the following statements. If false, correct the statement.
  2. Strategic human resource management is the process by which managers design the components of a human resource system to be consistent with each other.
  3. Performance assessment evaluates which employees need training and development and what type of skills or knowledge they need to acquire.
  4. In determining pay levels, managers should take their organization’s strategy into account.
  5. Personality tests assess the degree to which job applicants have the necessary skills for successful job performance.
  6. The objective of compensation practices is to help the organization establish and maintain a competent and loyal workforce at any cost.

 

  1. Why do employers turn to private employment agencies for assistance in recruiting?
  2. What is a management assessment center? How is it beneficial to organizations?
  3. Explain the difference between recruitment and selection.
  4. Identify at least five positive reinforcement rewards that a manager could use on a day-to-day basis to reward employees.
  5. What is validity? How are tests validated?
  6. State the reasons for the ineffectiveness “ on the job training”. What measure can organizations take to ensure increased effectiveness?
  7. Mention the ethical issues facing an HR manager?
  8. Describe the cultural factors that impact human resource management.
  9. How can safety at workplace be ensured by the HR manager?

 

 

 

 

 

 

Section – B

 

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

 

  1. How does job analysis support human resource management activities? Briefly describe any two methods commonly used for gathering job analysis data.
  2. What is the purpose of employee orientation? In a brief essay, discuss how mobile devices, such as iPhones, are used by firms to facilitate both employee orientation and employee training
  3. Discuss the elements of Performance Management and Critically examine the system of forced distribution in performance management
  4. What is the difference between wage and salary? What are the various components and processes involved in determinations of an individual’s wage?
  5. What is a trade union? In case of a trade dispute what are the various mechanisms organizations adopt to resolve it.

 

Section – C

  • Compulsory Case study                                                                  (1 x 20 = 20)

          16.

Inserting the Team Concept into compensation – or not

 

In his new position at Hathaway Manufacturing, one of the first things Sandy Caldwell wanted to do was improve productivity through teamwork at every level of the firm. As the new human resource manager for the suburban plant, sandy set out to change the culture to accommodate the team-based approach he had become so enthusiastic about in his most recent position.

 

Sandy started by installing the concept of team management at the highest level, to oversee the operations of the entire plant. The new management team consisted of manufacturing, distributing, planning, technical and human resource plant managers. Together they developed a new vision for the 500-employee facility, which they expressed in the simple phrase “Excellence Together.” They drafted a new mission statement for the firm that focused on becoming customer driven and team based, and that called upon employees to raise their level of commitment and being acting as “owners” of the firm.

 

The next step was to convey the team message to employees throughout the company. The communication process went surprisingly well, and Sandy was happy to see his idea of a “workforce of owners” begin to take shape.

 

Team trained together, developed production plans together, and embraced the technique of 360-degree feedback, in which an employee’s performance evaluation is obtained from supervisors, subordinates, peers, and internal or external customers. Performance and morale improved, and productivity began to tick upward. The company even sponsored occasional celebrations to reward team achievements, and the team structure seemed firmly in place.

 

Sandy decided to change one more thing. Hathaway’s long-standing policy had been to give all employees the same annual pay increase. But Sandy felt that in the new team environment, outstanding performance should be the criterion for pay raises. After consulting with CEO Regina Cioffi, Sandy sent a memo to all employees announcing the change to team-based pay for performance.

 

The reaction was immediate and 100% negative. None of the employees was happy with the change, and among their complaints, two stood out. Frist, because the 360-degree feedback system made everyone responsible in part for someone else’s performance evaluation, no one was comfortable with the idea that pay raises might also be linked to peer input. Second, there was a widespread perception that the way the change was decided upon, and the way it was announced, put the firm’s commitment to team effort in doubt. Simply put, employees felt left out of the decision process.

 

Sandy and Regina arranged a meeting for early the next morning. Sitting in her office, they began a painful debate. Should the new policy be rescinded as quickly as it was adopted, or should it be allowed to stand?

 

 

Questions:

  1. Does the pay-for-performance plan seem like a good idea? Why or why not?
  2. What advice would you give Regina and Sandy as they consider their decision?
  3. What mistakes did they make in adopting and communication the new salary plan? How might Sandy have approached this major compensation change a little differently?
  4. Assuming the new pay plan is eventually accepted, how would you address the fact that in the new performance evaluation system, employee’s input affects their peers’ pay levels?

 

 

St. Joseph’s College of Commerce M.Com. 2015 Security Analysis Portfolio Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH/APRIL 2015

M.COM – II SEMESTER

P111203: SECURITY ANALYSIS PORTFOLIO MANAGEMENT

Duration: 3 Hours                                                                                                  Max. Marks: 100

SECTION – A

 

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

 

  1. Explain the steps involved in portfolio investment process.
  2. What is meant by Efficient Frontier.
  3. Write short notes on Convertibles and Warranties as financial derivatives.
  4. How does Markowitz Model differ from Sharp Single Index model.
  5. State briefly the meaning of terms ‘Hedging’, ‘Arbitrage’ and ‘Speculation’.
  6. What is CAPM?
  7. In what way can Beta and correlation be used while constructing a portfolio? How does Beta differ from Correlation?
  8. How does Fundamental Analysis differ from Technical Analysis?
  9. A 9%  100 face value debenture, having a provision for conversion at the end of 5 years into four equity shares of face value Rs. 10 each at a premium of Rs. 15 each. It is expected that the equity shares will have market value of Rs. 33 per share on the date of conversion. An investor has expected rate of return of 15% per annum. Suggest him at what price he should be ready to buy this debenture.
  10. What are the types of Bond that are issued in Indian Bond Market?

 

SECTION – B

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

 

  1. What is meant by Forward and Future Contract? How does forward differ from future?
  2. What is Risk? Explain the kinds of Systematic and unsystematic Risk.
 13. The returns on the equity stocks of TCS limited and the market portfolios over a 12

year period are given below :

 

 

 
Year Return on auto TCS Ltd. (%) Return on market portfolio (%)  
1 15 12  
2 -6 1  
3 18 14  
4 30 24  
5 12 16  
6 25 30  
7 2 -3  
8 20 24  
9 18 15  
10 24 22  
11 8 12  
 
a)     Calculate the beta for the stock of TCS limited  
b)     Established the characteristics line for the stock of TCS limited.  

 

  1. Mr. X buys one call at strike price 55 and one at call strike price Rs.65. He sells 2 call at strike price 60. Current spot price Rs.61.  Call option quotations in the market are as follows:
Strike Price

`

 Premium

`
55 10
60 7
65 5

 

Give pay as per Butterfly strategy if spot price on expiry are 51, 52,…….70.

 

  1. An Investor has gathered the following information about mutual funds:
Mutual Fund Return

(%)

 Risk

() %

 Beta

β
A 15 5 1.5
B 11 4 0.5
C 17 7 1
D 11 6 0.7
E 19 5 1.2

 

Return on Zero beta portfolios is 4% and return on market is 18%.  Evaluate these mutual funds using sharpe, Treynor and Jenson’s methods.

 

 

SECTION – C

 

  1. IV) Case Study (1×20=20)

 

  1. Mr.Vinod received Rs.10 Lakhs from his pension fund. He wants to invest in the stock Market. The Treasury Bill rate is 7% and the market return variance is 20. The following Table gives the details of regarding the expected return, Beta and residual variance of the security. What is the optimum portfolio assuming no short sales?

 

Stock Ri Beta Standard deviation square
A 20 0.75 25
B 18 1.3 16
C 16 1.3 9
D 12 0.75 16
E 10 0.6 9
F 15 1.8 36

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2015 III Sem Operations Research For Business Decisions Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – APRIL 2015
m.com – ii  semester
P111201: OPERATIONS RESEARCH FOR BUSINESS DECISIONS
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. The Costs and Selling Prices per unit of two products manufactured by a Company are as under:

  Product

A (Rs)

 Product B

B(Rs)
Selling Price 500 450
Variable Cost Direct Materials ( Rs. 25 per kg.)    100 100
  Direct Labour  ( Rs. 20 per hour) 80 40
  Painting (Rs. 30 per hour) 30 60
  Variable Overheads 260 210
Total Costs 470 410
 Profit 30 40

In any month, the maximum availability of inputs is limited to the following:

Direct Materials – 480 kgs, Direct Labour Hours – 400 hours and Painting Hours – 200 hours. Formulate a Linear Programming Problem to determine the Production Plan which Maximizes the profit. (Do not solve)
  2. Explain the Dynamic Programming Approach of solving an OR problem. Briefly explain any three applications of DPP.
  3. Write the Dual of the following LPP

Min Z= 3x + 4y + 8Z

Subject to,

2x + y +10z ≥ 50

x + y = 5

x ≤ 3

Where x, y, z ≥ 0
  4. Discuss  the significance of introducing slack, surplus and artificial variables in Simplex Method? What meaningful information can be derived from them?
  5. A  hospital  pays  nurses for 40 hours a week. One nurse is assigned to one patient. The cost per hour for each of the nurses is given below:

(i)                 Find the nurse-patient combination to minimize cost to the hospital.

(ii)              How much does each nurse earn per week?

Nurse Patient
W X Y Z
K 10 10 30 40
L 30 10 20 40
M 20 30 20 40
N 50 50 50 50

 
   

 

6.

  

 

Find the initial solution using NWCM and LCM for the following transportation problem.

     Toà

From

 A B C Supply
X 7 3 4 2
Y 2 1 3 3
Z 3 4 6 5
Demand 4 1 5  
   

7.

  

A belt snapping for conveyors in an open cast mine occur at the rate of 2 per shift. There is only one hot plate available for vulcanising, and it can  vulcanise on an average 5 belts snap per shift.

(a)   What is the probability that when a belt snaps, the hot plate is readily available.

(b)   What is the probability of having exactly 3 belts waiting for service in the system?

(c)    What is the average waiting time plus vulcanising time?
   

8.

  

A Car Rental Agency has collected the following data on the demand for five-seater vehicles over the past 50 days.

Daily Demand 4 5 6 7 8
No of days 4 10 16 14 6

The Agency has only 6 cars currently.

  1. Use the following 5 Random Numbers to generate 5 days for the Rental Agency. Random nos: 15, 48 ,71 , 56, 90
  2. What is the average number of cars rented per day for the 5 days?
  3. How many rentals will be lost over the 5 days?
   

9.

  

Explain any five OR techniques mentioning their areas of application.
   

10.

  

How do you deal with the following conditions while solving a Transportation Problem – Degeneracy, Unbalance, Prohibited Route.
 

SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. Solve the following LPP by Big M Method.

Max Z = 10x + 12y

Subject to,

x + y = 5

x  ≥ 2

y  ≤ 4

where x, y ≥ 0
   

 

 

12.

  

 

 

Plot the graph of the LPP given below  and identify the optimum solution

Max Z = 0.1 x + 0.2 y

Subject  to constraints,

x + y ≤ 10

x ≤ 7

y  ≤ 7

-2x + 3y ≤ 0

Where x, y ≥ 0

 
  13. The transportation cost matrix for a given situation for supply of the commodity from sources A, B, C to the points of usage P, Q and R is given below. Work out the optimal cost solution for the problem using Vogel’s Approximation method and Modified distribution method. Does the problem have multiple solution . If yes find the solution.

  P Q R Supply
A 4 8 8 76
B 16 24 16 82
C 8 16 24 77
Demand 72 102 41  
   

14.

  

A marketing manager has five salesmen and five sales districts. Considering the capabilities of the salesmen and nature of districts, the marketing manager estimates that sales per month (in thousand rupees) for each salesman in each district would be as follows –

Salesmen Districts
  A B C D E
1 32 38 40 28 40
2 40 24 28 21 36
3 41 27 33 30 37
4 22 38 41 36 36
5 29 33 40 35 39

Find the assignment of salesmen to districts that will result in maximum sales.
   

15.

  

A departmental store has a single cashier. During the rush hours, customers arrive at the rate of 20 customers per hour. The average number of customers that can be processed by the cashier is 24 per hour. Assume that the conditions for the use of single channel queuing model apply. What is the

(a)   Probability that the cashier is idle?

(b)   Average number of customers in the queuing system?

(c)    Average time a customer spends in the system?

(d)  Average number of customers in the queue?

(e)   Average time a customer spends in the queue waiting for service?
 

 

 

 

 

 

SECTION – C
III) Case Study                                                                                                              (1×20=20)
  16. ABC Company is considering the question of marketing a new product. The fixed cost required in the project is Rs. 4,000. Three factors are uncertain viz., the Selling Price, Variable Cost and Annual Sales Volume. The product has a

life of only one year. The management has the data on these three factors as under.

 

Selling Price (Rs) Probability Variable Cost (Rs) Probability Sales Volume (Units ) Probability
3 0.20 1 0.30 2,000 0.30
4 0.50 2 0.60 3,000 0.30
5 0.30 3 0.10 5,000 0.40

 

Simulate the average profit for the above project on the basis of 5 trials.

 

Random no for selling price 81 04 67    10   39
Random no for Variable cost 32 46 25 40   68
Random no for Sales Volume (units) 60 31 24 02   08

 

 

 

 

St. Joseph’s College of Commerce M.Com. 2015 Advanced Management Accounting Question Paper PDF Download

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st. joseph’s college of commerce (autonomous)
END SEMESTER EXAMINATION – MARCH/APRIL 2015
m.com- ii semester
P111202: ADVANCED MANAGEMENT ACCOUNTING
Duration: 3 Hours                                                                                                     Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                                             (7×5=35)
  1. Nishu & Co manufactures three products. The following is the cost data relating to products A,B and C

Products A B C Total
Sales

Variable cost

Contribution

Fixed cost

Profit

 150000

120000

30000

 

 90000

63000

27000

 

 60000

36000

24000

 

 300000

219000

81000

40500

40500

 

You are required to prove how knowledge of marginal costing can help management in changing the sales mix in order to increase profits of the company.

 
  2. Shrish and Co ltd has three divisions each of which makes a different product.  the budget data for the next year is as follows

Divisions A B C
Sales

Direct material

Direct labour

Variable overhead

Fixed cost

Total cost

 112000

14000

5600

 

14000

28000

61600

 56000

7000

7000

 

7000

14000

35000

 84000

14000

22400

 

28000

28000

92400
The management is considering closing down Division C.  There is not possibility of reducing variable cost.  Advise whether or not Division C should be closed down

 
  3. State the main types of information which will be required by a manger to implement the balance scorecard approach to performance measurement.

 
  4. S and V pl supports the concept of terotechonology or life cycle costing for new investment decisions covering its engineering activities.  The final side of this philosophy is now well established and its principles extended to all other areas of decision making.

The company is t replace a number of its machines and the production manager are torn between the EXE machine, a more expensive machine with the life of 12 years and Wye machine with a life of 6 years.  If the Wye machine chosen it is likely that it would be replaced at the end of 6 years by another Wye machine.  The pattern of maintenance and running costs differs between the two types of machine and relevant data are shown below

  EXE WYE
Purchase price

Trade in value

Annual repair costs

Overhaul costs

 

Estimated financing costs averaged over machine life

 19000

3000

2000

4000 (at year 8)

10% p a

 13000

3000

2600

2000 (at year4)

10% p a

You are required to

  • Recommend with supporting figures which machine to purchase
  5. Rajadhani Furniture ltd manufactures desks.  The following information is provided for per unit

Material (3 kgs @ Rs2 per kg) – Rs. 6

Labour Rs. 5

Variable overhead Rs. 4

Allocated Fixed overhead Rs. 2

 

Material is currently used to make chairs which provide contribution of Rs. 5 per unit.  2 kgs of material is required for each chair.  What is the minimum price per desk if material is plentiful and material is scarce?

 
  6. What is transfer pricing? What are the methods of calculating transfer pricing.

 
  7. Divisions X and Y are currently considering an outlay on new investment projects

  Division X Division Y
Investment outlay

Net annual return

Target ROI

 200000

32000

18%

 200000

22000

11%

The group’s cost of capital is 13%.  Should the project be accepted or rejected?

 
  8. Explain how does value chain approach help an organization to assess its competitive advantage?

 
  9. What do you mean by benchmarking?  What are the prerequisites of benchmarking?
  10. What is Total Quality Management?  What are the core concepts of TQM?
SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. Z ltd makes a range of five products to which the following standards apply

  A B C D E
Sales price

Direct materials

Direct wages

Variable Production OH

Variable Selling and Distribution OH

Fixed OH

 

 50

9

16

8

 

5

4

42

 60

10

20

10

 

6

5

51

 70

17

24

12

 

7

6

66

 80

12

28

14

 

8

7

69

 90

21

32

16

 

9

8

86

The direct labour wage rate is Rs. 4 per hour.  Fixed overhead have been allocated on the basis of direct labour hours.  The company has commitments to produce a minimum of 400 units of each product per month.  Direct labour hours cannot exceed 13000 per month due to restriction of space.  The board is now considering an offer of a new three year contract to produce an additional 400 units of product B per month at a selling price of Rs. 58 per unit.  The contract would involve an outlay of Rs. 100000 on the lease of additional factory premises and purchase of new plant and equipment.  There would be no residual value at the end of the contract.  Variable production costs would be in accordance with existing standards, variable selling and distribution costs would be one half of the existing rate and cash outflows on fixed costs would be Rs. 20000 per annum.  An outside supplier has offered to supply 400 units of product B per month at a price of Rs. 48 per unit.  If purchased externally cash flows on additional fixed costs will be Rs. 25000 per annum

 

Required

  • Give recommendations supported by calculations to show how direct labour hours in the existing factory should be utilized in order to maximize profits
  • Show the budgeted trading results on the basis of your recommendation
  • Give calculations to show whether or not the proposed contract for product B should be accepted and if so, whether it should be purchased externally or manufactured in the new premises.

 
  12. Trimake limited makes three main products, using broadly the same production methods and equipment for each.  A conventional product costing system is used at present, although an ABC system is being considered

Details of the three products for the typical period are

 

 

 

  Hours per unit Material / unit Volumes
Product Labour hours Machine hours Rs. Units

 
X

Y

Z

 ½

1 ½

1

 1 ½

1

3

 20

12

25

 750

1250

7000

Direct labour costs Rs. 6 per hour and production overhead are absorbed on a machine hour basis.  The rate for the period is Rs. 28 per machine hour.

Further analysis shows that the total of production overheads can be divided as follows

  Percentage
Set up costs

Machinery

Materials handling

Inspection

Total Production overhead

 35

20

15

30

100

The following activity volumes are associated with the product line for the period as a whole.  Total activities for the period

  No of set ups No of movement of materials No of inspections
X

Y

Z

 75

115

480

 12

21

87

 150

180

670

You are required

  • To calculate the cost per unit for each product using conventional method
  • To calculate the cost per unit for each product using Activity Based Costing
  • Comment on the differences

 
  13. XYZ ltd manufactures automobile accessories and parts.  The following are the total and per unit cost of processing a component

  Total cost per 100000 units Unit cost

 
Direct material

Direct labour

Variable factory overhead

Fixed overhead

 500000

800000

 

600000

500000

2400000

 5

8

 

6

5

24

Another manufacturer has offered to sell the same part to XYZ ltd at Rs. 22 each.

The fixed overhead would continue to be incurred even when the component is bought out although there would be a reduction to the extent of Rs. 150000 following the savings in salaries of supervisor personnel that could be avoided if the company opts to buy rather than to make.

  • Should the part be made or bought, considering that the present facility when released following the buying decision would remain idle?
  • In case the released capacity can be rented to another manufacturer for Rs. 50000 what will be the position?
  14. What is business performance measurement?  Explain in detail the non financial and financial business performance measurement with an example each.

 
  15. Alpha limited is considering five capital projects for the years 2010 and 2011.  The company is financed by equity entirely and its cost of capital is 12%.  The expected cash flows of the project are as below:

(‘000)

Project Year 1 Year 2 Year3 Year 4
A

B

C

D

E

 (70)

(40)

(50)

 

(60)

 35

(30)

(60)

(90)

(20)

 35

45

70

55

40

 20

55

80

65

50

Figures in brackets represent cash outflows

All projects are divisible.  None of the projects can be delayed or undertaken more than once.  Calculate which project the company should undertake if the capital available for investment is limited to Rs. 1, 10,000 in year 1 and with no limitation in subsequent years.

 
SECTION – C
III) Case Study                                                                                                                  (1×20=20)
  16.  A manufacturing company has excess capacity up to 120000 units per month of a product.  The company has been approached by a customer SMA to quote for three levels of monthly output of 75000,  90000, and 1,05,000 units.  The cost per unit of the product is as under:

Raw materials per unit Rs. 0.45

Direct wages per unit 0.18

Mfg overheads (fixed )200% of direct wages

Selling and admin overhead 100% of direct wages

Packing per unit Rs. 0.15

Profit margin on total costs

15% for 75000 units

12.5% for 90000 units

10% for 105000 units

 

The administration overheads are forecast at Rs. 18750 per month.  If the output drops to 75000 units and below, a saving in administration cost of Rs. 1500 per month will be made.  If the contract from SMA does not materialize an administration overheads of Rs. 900 per month will be incurred.

Another customer SMB has also approached the company for a quotation for a different version of the product.  The quantity required of this product is 90000 units per month.  The data relating to this contract are as under:

Selling price per unit Rs. 1.80

Raw materials per unit Rs. 0.80

Direct wages per unit 0.22

Packing per unit Rs. 0.18

 

Required:

  • Calculate the unit selling prices for the three levels of output of the contract relating to SMA
  • Prepare a comparative statement of profitability at different levels of output as envisaged in the two contracts of SMA and SMB
  • Advice which contract should be acceptable to the company.

 

 

 

St. Joseph’s College of Commerce M.Com. 2015 I Sem Research Methodology Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
M.COM– I SEMESTER
 p1 15 AR 102: RESEARCH METHODOLOGY
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. Describe Research? Explain the principles of a good research.
  2. What is sampling? State the key characteristics of good sampling.
  3. Explain various sources of secondary data. How secondary data is different from primary data?
  4. Explain the significance of research problems.
  5. State the concept of research design? Discuss the components of research design?
  6. Describe the different types of research.
  7. Write short notes on APA Model Citation. Why do you need to write a bibliography in research papers?
  8. What do you mean by Review of literature? What is the main aim of a literature review writing in research dissertation?
  9. Srinivasa printing company hypotheses that the average life of its designing gadget is 14,500 Hrs. They know that the Standard deviation gadget life 2100 Hours. From a sample of 25 samples, the company finds a sample mean of 13,000 Hours. At 0.05 significance level, should the company conclude that the average life of the gadget is less than the hypothesized 14,500 Hours? Construct proper hypothesis and test it with using z test.   Z critical value @ 5% level of Sig. is 1.64.
  10. Describe the techniques of testing goodness-of-fit.
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. Discuss the various types of sampling methods.
  12. What do you understand by ‘Hypothesis Testing’? Deliberate the various hypothesis testing procedures.
  13. Explain the significance of a research report and discuss the various components involved in writing a research report.
  14. In a survey a random sample of 198 farms were classified into three classes according to tenure status as owned, rented and mixed. They were classified according to the level of the soil fertility as highly fertile, moderately fertile and low fertile farms. The results are given below:

Classification of farms by tenure status and fertility level.

 

Soil Fertility

 Tenure Status
Owned Rented Mixed Total
Highly 40 12 10 62
Moderately 22 10 14 46
Low 22 26 42 90
Total 84 48 66 198

Hypothesis

HO – The tenure status doesn’t depend on soil fertility.

H1 – The tenure status depends on soil fertility.

Compute Chi-Square Test and take decision on the above hypothesis.  Significant level at the 5%. The critical value x2 is 9.488.
   

15.

  

An experiment was conducted to study the effect of four levels of nitrogen on yield of paddy. The four levels of nitrogen were classified:

  1. No application of nitrogen (t1)
  2. 50 Kg Nitrogen per hectare (t2)
  3. 100 Kg Nitrogen per hectare (t3) and
  4. 200 Kg Nitrogen per hectare (t4)

 

Table showing the yields of grain (in Kg per plot)

t1

 

 T2

 

 T3

 

 T4

 

  
52 58 62 66  
50 52 58 69  
56 60 65 70  
54 57 58 67  
53 56 61 66  
    265 283 304 338 1190

State the H0 and H1 and determine the observe F value. Compare it to the critical F value and make a decision whether to reject the null hypothesis. Calculate Analysis of variance (ANOVA). Table value of F at 1 percent level of significance is 5.29.
SECTION – C
III. Case Study                                                                                                              (1×20=20)
  16. Philip’s, a fashion design store chain has been witnessing declining profits in the last two years. The stores have been known for their high quality apparel, but have been somewhat conservative with regard to their product line, store decor, advertising and other promotions. However, the market is increasingly becoming highly competitive as many apparel outlets are coming up with product lines aimed at the young, fashion conscious buyer. The CEO of Philip’s, is planning to make the chain’s product line more trendy so as to appeal to young adults. However, before doing this, the. Chief Executive contemplates, that it would be appropriate to conduct some market research survey to understand the current status of his chain of stores.

Questions :

(i) Prepare a statement of research problem and research objectives for the study. (5 Marks)

(ii) Plan a detailed research design to meet the research purpose.(5 Marks)

(iii) Develop a suitable research questionnaire for field survey (10 Marks)

Note: For Questionnaire Design you must Use:

 

 (a) Likert’s five point scale techniques (b) open ended and close ended questions.

 

 

 

St. Joseph’s College of Commerce M.Com 2016 IV Sem German Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – March 2016

MIB IV Semester

GERMAN

    Duration: 2 hrs.                                                              Total Marks:  100 

 

  1. Mündliche Prüfung. (Oral Exam.)

 

  1. I) Das Diktat: ( Dictation )                                                                    5                                                                                                                                                                                      

   2)Hörverstehen:

   Was haben Manja,Herr Demme und Frau Biechele im Urlaub gemacht?   10

 

Ich bin Manja.Ich war in den ————– an der  ————.Ich war oft am———.

Ich habe  in der ———- gelegen, viel ———– und ————.

 

Hallo,ich bin Herr Demme.Ich habe im ————– einen————— in ———–

besucht.Wir haben die Stadt—————- und dann sind wir in  die  ———–

gefahren.Wir sind viel ——————–.

 

Ich bin Frau Biechele.Ich war auf der ———-  ———–.Ich habe—————

———————,wir sind oft ——-  ————— und haben die  ———–

angesehen.Und ich habe immer lange —————–!

                                                                                                                                                                                     

  1. B) Schriftliche Prüfung (Written Exam)
  2. I) Kommunikation.Was sagen Sie in diesen Situationen?Kreuzen Sie die richtige Antwort an.

 Ein Termin beim Personalchef:  Frau Lim sucht Arbeit. Sie stellt sich vor.     

       Erganzen Sie den Dialog.                                                                    9                                                                                                                                                       

  1. a) Ich spreche Chinesisch, Japanisch und Englisch.
  2. b) Ja, ich bin schon fünf Jahre hier.
  3. c) Doch doch, ich nehme immer das Auto. Mein Mann fährt lieber mit der S-Bahn.
  4. d) Guten Tag! Mein Name ist Lim Mey Ee.
  5. e) Entschuldigen Sie, der Familienname ist Lim.
  6. f) Das ist kein Problem.
  7. g) Nein, ich wohne mit meinem Mann in Potsdam.
  8. h) Oh, ich kann gut organisieren. Das mache ich auch sehr gern.
  9. i) Ich danke auch. Auf Wiedersehen, Herr Wiegand.
  10. j) Ich komme aus Singapur.

 

  1. Guten Tag! Wie heißen Sie?
  2. d) Guten Tag! Mein Name ist Lim Mey Ee.
  3. Frau Ee, ……
  4. Ach so. Frau Lim, Sie sprechen sehr gut Deutsch. Sind Sie schon lange in Deutschland?
  5. Woher kommen Sie?
  6. Wir haben Viele Geschäftspartner in Asien. Welche Sprachen sprechen Sie?
  7. Das ist sehr gut. Und leben Sie hier in Berlin?
  8. Ach, fahren Sie mit dem Auto? Oder haben Sie keinen Führerschein?

8.Was denken Sie? Was können Sie besonders gut?

  1. Sehr schön. Ist ein Arbeitsbeginn am ersten Dezember für Sie moglich?

10.Vielen Dank. Wir rufen Sie in der nächsten Woche an. Auf Wiedersehen, Frau Lim.

 

II)Welches Wort passt nicht?                                                         4                                                                    

1 Farbe                              Schwarz- Grün- Weiβ- Weit -Gelb

2 Touristeninformation      Wegbescreibung-Stadtplan-Geschäft-Busplan-Tickets

3 Hotel                               Frühstück-Zimmer-Kirche-Übernachtung-Urlaub

4 Verkehrsmittel                Fahrrad-Bus-Straβenbahn-Fuβgängerzone-Bahn

5 Kleidung                         Rock-Hemd- Hose-Mantel-Schuhe

6 Möbel                              Schrank-Sessel-Koffer-Tisch-Stuhl

7 Wohnung                        Wohnzimmer-Küche-Schlafzimmer-Kuchen-Bad

8 Milchprodukte                 Käse- Butter-Sahne-Zwiebel-Milch

9 Obst                                Pflaume-Blumenkohl-Pfrisch-Erdbeer-Apfel

10 Urlaub                           Postkarte-Hotel-Museen-Strand-Arbeit

11 Lebesmittel                    Gemüse-Fleisch-Brot-Stiefel-Obst

12 Jahreszeit                      Winter- Frühling-Frühstück-Sommer-Herbst

13 Berlin                            Reichstag- Brandenburgertor-Bundeskanzleramt-

Allianz Arena –Schloss Bellevue

14 Deutschland                  Sylt-Heidelberg-Tirol-Hamburg-München

15 Familie                          Vater-Mutter-Schwester-Brüder-Füller

16 Gemüse                         Erbsen- Eier- Bohnen- Kartoffeln-Zwiebeln

 

III)Hannes hatte einen Unfall.Ergänzen Sie den Text mit den passenden     Präpositionen.                                                                                2.5                                                                                     

                 an-in-in-im-nach-mit-um-um-vom-zur

Gestern war es schön warm und Hannes ist nach der Arbeit——– dem

Fahrrad——- den Park gefahren.Er hat——–Park seine Freunde getroffen und

sie haben Fuβball gespielt.Da war noch alles okay.——–neun Uhr war es

dunkel.Er wollte direkt——–Hause fahren,aber die Lampe——–seinem Fahrrad

war kaputt.Plötzlich ist ein Radfahrer sehr schnell——die Ecke gekommen und

hat Hannes nicht gesehen.Er ist——-das Rad von Hannes gefahren und dann—-

Rad gefallen.Dem Radfahrer ist  nichts  passiert,aber sein Rad war kaputt.Sie

sind——-Polizei gegangen.

IV)Ergänzen Sie:                                                                                         4

Hotel-Fotos- Strand-besichtigung-Radtour-Museum-Berge-Wetter

 

1.Anderes Wort für Fahrradurlaub:eine——————–machen.

2.Das —————– war nicht so gut.Das Zimmer war klein und das Frühstück schlecht.

  1. In den Alpen gibt es viele—————-.Einige sind sehr hoch!

4.Das————– war Super! Immer Sonne und 25 Grad.

5.Sonne,Sand und Meer!Wir waren jeden Tag am —————-.

6.Das Nationalgalerie in Berlin ist ein——————-.

7.Wir haben in Italien viele Bilder gemacht.Wollt ihr unsere———–sehen?

8.Sich etwas ansehen,zum Beispiel ein altes Schloss:eine——————-  machen.

V)Ergänzen Sie mit modal verben:                                                            3

 

  1. Kinder———- die Baustelle nicht betreten. (dürfen)

 

  1. Mein Arzt sagt, ich——— mehr Sport treiben. (sollen)

 

  1. ———-du immer so spät nach Hause kommen. (müssen)

 

  1. Ich———- noch einen Saft, bitte. (möchten)

 

  1. ————– ihr uns nicht mal besuchen? (wollen)

 

  1. ————— man hier denn irgendwo gut essen gehen? (können)

 

VI)Partizip II: Ergänzen Sie die Tabelle: trennbar (+) oder untrennbar (-),

  die Formen im Präsens und das Partizip II.                                       12.5

 

Infinitiv + / – Präsens (er/se/es) Partizip II

 
absagen

 

ablehnen

beginnen

bezahlen

einladen

einpacken

(sich) entscheiden

vergessen

verlieren

vorschlagen

vorbereiten

 + sagt …… ab abgesagt

 

 

 

 

 

 

 

VII)Schreiben Sie die Sätze in Partizip Perfekt:                                            3

  1. Ich spreche mit einem alten Freund.

 

  1. Die Waschmaschine funktioniert nicht.(am Wochenende)

 

  1. Axel kommt um 21Uhr an.(gestern)

 

 

 VIII) Übersetzen Sie die Sätze in Partizip Perfekt.                                      3

 

  1. Mr Witte worked until nine o’clock.

 

  1. They watched television.

 

 

  1. What did you do yesterday?

 

 

  1. IX) Obst oder Gemüse? Was ist das? Ordnen Sie die Buchstaben.Kreuzen Sie an.

                                                                                                                   4

                                                                                                               

1.RTFKOLEFA ——————–   Obst   □       Gemüse    □

 

  1. ZWEBELI ——————— □                        □

 

  1. PKIRAPA ———————- □                   □

 

4.EEERRBED ———————-           □                   □

 

5.PAFLE          ————————–           □                   □

 

6.MOTAET      ————————         □                         □

 

7.SLATA         ————————-         □                        □

 

8.TANSPI      ———————      □                   □

 

  1. X) Passiv, Komparativ und Superlativ: Ergänzen Sie:                             7                                        
  2. a) viel

1.Herr Rahn trinkt sehr ———–Kaffee.Sein Artz sagt,das ist nicht gesund.Er

 

muss———–Wasser oder Saft  trinken. Aber Herr Rahn trinkt immer noch—-

 

Kaffee —- andere Getränke.Er trinkt schon vor dem Frühstück die erste Tasse.

 

—————Kaffee trinkt er nachmittags bei der Arbeit.

  1. b) gern

1.Berliner Shülerinnen und Schüler essen—————Fastfood.Sie mögen

 

Döner————–    —- Hamburger. ———————– essen Sie Pizza.

  1. c) gut
  2. Florian findet Aktivurlaub——-.Der Fahrradurlaub im letzten Jahr hat ihm

 

bis jetz—————- gefallen.Er hat ihm sogar noch———— gefallen——

 

die Bergwanderung in den Dolomiten.Einen Urlaub in einer Stadt findet Florian

 

nicht so——.

  1. XI) Mögen. Ergänzen und konjugieren Sie.  3

 

1.———–ihr asiatische Küche,Wolfgang und Astrid?-Ja,sehr gern.

 

2.Hmmm,Sauerkraut.————– du das auch?-Nein,nicht so gern.

 

3.Ich————–Erdbeeren am liebsten mit Sahne.

 

4.Meine Eltern—————– spanischen Rotwein am liebsten.

 

5.Erich isst gern italienisch,aber Pizza —————er nicht.

 

6.Wir——————Hamburger nicht so gern.Wir essen lieber Döner.

 

XII)Bringen Sie die Sätze in die richtige Reihenfolge:                                3

  1. a) □ Das stimmt.Magst du kein Fleisch?
  2. b) □ Mmh,das sieht ja lecker aus!
  3. c) □ Mein lieblingsessen ist Hähnchen mit Pommes.Und dazu eine Cola!Und dein  Lieblingsessen?

      d)□ Hm.Ich glaube, wir passen  nicht zusammen!

 

  1. Fisch und dazu ein groβer Salat .Cola mag ich nicht. Ich trinke lieber Wasser.
  2. Ja, sehr lecker. Aber es gibt so viel Fleisch—–
  3. Nein ,ich esse lieber Fisch als Fleisch.Was isst du am liebsten?

 

b ).□ Mmh,das sieht ja lecker aus!

 

XIII) Andrea kocht für ihre Freunde Gemüsereis mit Fisch.Ergänzen Sie das Rezept.                                                                                                      5

Zutaten: 250gm Reis, 1 Zwiebel,2 Paprika(rot+grün), 3-4 Tomaten,500g Fisch,Salz und Peffer

Fisch-Salz-Tomaten-geben-schneiden(2x)-verrühren-kochen-anbraten-backen

 

1.Reis ——————. Die Paprika in streifen——————. Die Zwiebel und

 

—————- in Würfel—————–. Das Gemüse in einer Pfanne————–.

 

Den——————in eine Form —————- und mit etwas———– und

 

Peffer würzen.Im Backofen bei 200 Grad ca.20Min.—————.Den Reis mit

 

dem Gemüse————–.

 

 

     XIV)Übersetzen Sie :                                                                               6                                                                             

1.Dose  2.Modemesse  3.bunt  4. Angebot  5.Wolken  6.Schnee

 

7.Wurst  8.Kleid  9.Mantel  10.braten  11.lecker  12.Speisekarte

 

  1. XV) Berufskleidung in Deutschland.Zwei Kleidungsstücke passen nicht zu den Berufen.Welche? 3

1.Eine Zahnärztin trägt—einen Trainingsanzug-eine weiβe Jeans-ein helles T-Shirt-eine kurze Hose-bequeme Schuhe

2.Kellner tragen—schwarze Hosen-helle Stiefel-weiβe Hemden-dunkelrote Mäntel-schwarze Schuhe.

3.Bäcker tragen-blaue Anzüge-helle Tshirts-weiβe Jacken-weiβe Mützen-warme Stiefel.

 

XVI) Kleidungsstücke für Frauen und Männer.Ergänzen Sie Artikel und die Singular-und Plurlformen                                                                          4

   Artikel                          Plural

1.——-  Mantel       —————–

2.——-  Hose          ——————

3.——-  Rock          ——————

4.——-  Jacke          ——————

5.——-  Kleid           ——————

6.——-  Hemd          ——————

7.——-  Pullover       ——————

8.——-  Anzug           ——————

XVII)Ordnen Sie die Wörter:                                                                       3

1.die–sind–frisch—Erdbeeren?

 

2.unterrichtet-Direktorin-Englisch und Biologie-unsere.

 

3.möchten-noch-Sie-Paar-anderes-ein-probieren-?

 

 XVIII)Schreiben Sie eine Postkarte über ihren Urlaub oder über ihre  Heimatstadt.                                                                                                6

                                                                                                                

St. Joseph’s College of Commerce M.Com 2016 IV Sem Financial Reporting And Operational Compliance Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (Autonomous)

end semester examination – march/april 2016

M.COM – IV SEMESTER

P113401: FINANCIAL REPORTING AND OPERATIONAL COMPLIANCE

Duration: 3 Hours                                                                                           Max. Marks: 100

 

SECTION – A

 

  1. Answer any 7 of 10 questions. Each question carries 5 marks. (7X5=35)     

                                                                                                                                        

  1. Name the Accounting Standard?:

 

Particulars Accounting Standard
a.   Depreciation  
b.  Impairment of Assets  
c.   Borrowing Cost  
d.  Investments  
e.   Inventories  

 

Write a note on Borrowing Cost in not more than 3 sentences

 

  1. Briefly explain the importance of IEC and Objectives of EXIM policy.

 

  1. Briefly explain the applicability and disclosure requirements of AS-18 ‘Related Party Disclosures’

 

  1. When does a dealer required to register under Karnataka Value Added Tax Act, 2003? What is the due date for filing monthly VAT returns for a dealer claiming input tax credit against output tax?

 

  1. Briefly explain the applicability of Employees’ Provident Funds Act, 1952 and also provide the contribution to be made by employer and employee under the act.

 

  1. Match the following:

 

Sl.No Column – A Column – B
1 Form 100 Tax on Profession, Trades, Callings and Employment
2 Negative List Monthly VAT Return
3 Maximum Retail Price Service Tax
4 Profession Tax Foreign Exchange Management Act, 1999
5 Foreign Direct Investment Valuation of Excisable Goods

 

 

  1. List the transactions to which AS -10 Fixed Assets are not applicable.

 

  1. What are the steps involved in Company Incorporation under Companies Act, 2013.

 

  1. In not more than 5 sentences explain the need for Foreign Currency Translation in the books of account.

 

  1. What are the qualitative characteristics of Financial Statements?

 

 

SECTION – B

  1. Answer any THREE questions. Each question carries 15 marks. (3X15=45)

 

  1. Explain briefly the modes of valuation of goods under Central Excise Act, 1944.

 

  1. Explain Input Tax, Output Tax and Net Tax. What is the due date for filing monthly VAT returns for a dealer claiming input tax credit against output tax?

 

  1. Briefly explain the applicability of Employees’ State Insurance Act, 1948 and also provide the contribution to be made by employer and employee under the act.

 

  1. Explain the significance of Form FCGPR and FCTRS under FEMA regulations.

 

  1. What are the entry routes for investments in India under Foreign Exchange Management Act, 1999? Briefly Explain.

 

  1. Who are the users of financial statements and briefly explain their information needs?

 

  1. Briefly explain limitation of accounting.

 

  1. What is manufacturing under Central Excise Act, 1944. Briefly explain

 

  1. What is Declared Service under Service Tax Law? Give 3 examples of Declared Service.

 

  1. Distinguish between LLP, Company and Partnership.

 

  1. Briefly explain the meaning of ‘Partner’ and ‘Designated Partner’ in a LLP

 

 

 

SECTION – C

  • Answer the following Compulsory (1×20=20)
  1.                        

You are required to prepare financial statements under Revised Schedule VI (including Notes forming part of accounts) from the following trial balance of Jai Trading Ltd. for the year ended 31st March, 2016.

Jai Trading Ltd -Trial Balance as at 31st March, 2016

Particulars Debit (Rs.) Credit (Rs.)
Authorised Capital – Rs.2,00,000/- (Shares of Rs.10 each)

Equity Share Capital (Shares of Rs.10 each)

    

1,00,000
Cash Credit Loan   5,26,150
Trade Payables   1,75,850
Sales of Goods   16,95,400
Sale of Services   45,800
Opening Stock of Goods 55,800  
Profit & Loss appropriation   2,68,400
Furniture & Fixtures 50,000  
Plant and Machinery 2,00,000  
Advertisement 5,000  
Purchase of Goods 15,65,000  
Rentals 6,000  
Cash 44,340  
Bank Balance 31,200  
Interest on Cash Credit 3,65,700  
Salaries and Wages 2,01,200  
Debtors – Trade Receivable 1,84,500  
Direct Expenses 75,120  
Travelling and Conveyance 27,740  
 Total 28,11,600 28,11,600

Additional Information :

– Closing stock of goods as on 31st March, 2016 – Rs. 7,51,500

– Rate of Depreciation

Particulars As per Companies Act based on useful life of assets As per Income Tax Act
Furniture & Fixtures 15% 10%
Plant and Machinery 25% 15%
  • 10% of debtors are bad, 5 % of debtors are doubtful and Rs.50,000/- is outstanding from the 15th August, 2015.
  • Rate of Income tax – 30%
  • 25% of Trade Payables are payable after one year from the end of 31st March 2016.

 

Also provide relevant Accounting Policies in Notes forming part of accounts.

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

St. Joseph’s College of Commerce M.Com 2016 IV Sem Enterprise Resource Management Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
M.COM – IV SEMESTER
 P111403: ENTERPRISE RESOURCE MANAGEMENT
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. What are the benefits of  ERP?
  2. What are the five stages of Data warehousing process?
  3. Order Management helps the company in integrating front office with back office operations. Justify the same with example.
  4. In what way the efficient supply chain would lead to growth of the company. What are the elements of the supply chain?
  5. What are the different problems faced by SME’s in selecting the ERP Package?
  6. How can a consultant be in a more advantageous situation rather than a employee of the company?
  7. Explain the role of vendors from selecting an ERP package to the implementation stage?
  8. BPR would definitely eliminate the complexities to smoothen the operations of the company. Discuss.
  9. Why Re-engineering? Name some of the benefits that a company can get from BPR.
  10. What are the various symbols that would build up the flow chart of a Business Process?
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. What are the new developments in ERP? How can the existing systems take  leverage  in adapting to the new technology?
  12. How can blue dart as a company overcome the logistic challenges? Explain in detail how this will benefit the company.
  13. Explain in detail the  importance of the acquisition team and their role in the procurement process of an ERP Package?
  14. Customization of an ERP Package would suit the needs of the enterprise. Discuss the same by taking a company as an example?
  15. What are the key steps involved in developing a BPR? Design a process of an organization by using a flow chart.
SECTION – C
III. Case Study                                                                                                              (1×20=20)
  16. Assuming you are the CEO of a retail giant, what are the essential steps you would take to revamp the whole system and how can you fill the existing GAPS and eliminate them as a part of the restructuring strategies? Discuss the same in detail.
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St. Joseph’s College of Commerce M.Com 2016 IV Sem Business Policy And Strategic Management Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATIONS –MARCH/APRIL 2016
M.COM – IV SEMESTER
P111402:  BUSINESS POLICY AND STRATEGIC MANAGEMENT                  
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. How do you carryout environmental analysis? What are the techniques available for it?
  2. Explain the steps in strategic decision –making process for entrepreneurial Ventures.
  3. Distinguish between Mission and Objectives and briefly explain different types of Strategies.
  4. What is BCG matrix? What are its uses and limitations?
  5. “Corporate planning is not synonymous with long range planning.”  Why? Discuss.
  6. Explain the essential need for the success of corporate planning system.
  7. How can the concept of value chain help in making diversification decisions? Critically discuss.
  8. What is strategic fit? Explain the factors to be considered for selecting the best strategy?
  9. Critically examine the role of strategic control in management.
  10. Use the Porter`s Five forces model to analyze an industry of your choice.
 

SECTION – B

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

 
  11. Establish in detail the use of SWOT in the analysis of internal strategic assessment.
  12. Briefly explain Corporate Restructuring? What are the various conditions under’ which corporate restructuring is required?
  13. Explain in depth the various issues faced by small scale industries and Non Profit organizations .What strategies can they adopt to face those issues.
  14. Discuss the importance of organization structure and explain the link between structure and strategy.
  15. Why is it important to integrate R&D into corporate strategy? Briefly discuss the factors which should be taken into consideration if the innovation process is to be managed successfully. Explain giving examples
 

 

 

 

 

 

 

 

SECTION – C
III. Case Study                                                                                                              (1×20=20)

 
  1. MasterCard Faces Strong Buyer Power

 

MasterCard Inc. generates revenue by charging fees to process payments from banks to consumers who swipe MasterCard-brand credit and debit cards, making the banks, not individual consumers, MasterCard’s customers.

 

 

MasterCard issues 916 million cards through 25,000 financial institutions in more than 200 countries.

Rapid consolidation within the banking industry, combined with a 28% market share in global credit and debit card transactions compared with main- rival Visa’s 68% share, means that MasterCard has to work hard to win and keep bank business. Further, MasterCard success depends on its four largest customers, which makes up 30% of annual revenues: JP Morgan Chase, Citigroup, Bank of America and HSBC.

MasterCard strategy focuses on two key elements- pricing and marketing. MasterCard carefully executed price increases between 2007 and 2008, with little customer pushback. At the same time, the company created MasterCard account teams that are tailored to fit the specific key customer needs. The teams drive the growth of customer usage, and thereby company growth. MasterCard’s marketing talent was also reoriented from a dedication to strengthening MasterCard’s brand identity to directly benefit these customers.

 

Questions:

 

  1. Identify driving forces that may help MasterCard to make fundamental changes in its competitive environment?

 

  1. Advise on the possible key success factors that may help MasterCard Inc. to have a great impact in future competitiveness.

 

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem Retail Analytics Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
M.COM – II SEMESTER
P115 AO 201: RETAIL ANALYTICS
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                     (7×5=35)
  1. Explain the functions of retailing, quoting suitable examples.
  2. Explain the different sources of competitive advantage with an example.
  3. How can ‘retailer corporate strategy’ be benefitted in adopting the category management?
  4. Take a real estate company as an example and discuss some of the retail services offered by them.
  5. For the month of October, the toy department sales was ` 25, 00,000. The ‘beginning inventory’ was ` 12,00,000. An ‘ending inventory’ of planned value was estimated at `12, 50,000. What would be the planned purchase be if reductions are planned at

`1,00,000/-

`150,000/-

`50,000/-

If the mark percentage is 45%, calculate the planned purchase at cost?
  6. “Marketing Mix Modeling works on the historical data of a retail firm”. Discuss.
  7. What are the objectives of the store design and name the different types of store design?
  8. Name some of the essential skills to operate the retail store that is expected from a  resource person.
  9. How can the mode of channels benefit  retail firms in the market?
  10. “Retailing strategies would benefit the firm in the long run.” Justify the statement.
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                  (3×15=45)
  11. How can target market identification be a criteria for NIKE  when compared to their competitors?
  12. ‘Alibaba had a competitive advantage over the competitors’. How can the company benefit from its advantage?
  13. Proposition design gives the immense value to the firm and SKU’s can meet the demand and supply of the retail firm. How can retail company benefit by meeting the challenges?
  14.  

Item No 111 112 113 114 115 116 117 118 119 120 121 122
Annual Demand 80 20 30 40 60 250 260 400 500 1200 300 80
Unit Price $12 $13 $122 $142 $132 #1202 #212 $2312 $312 $123 $1342 $142

 

 

 

Classify the items as A, B, or C items.

(a) The first two items account for 60% or more percentage of annual usage and should be classified as A items.

(b) The next four items account for about 25% of annual usage and should be B items.

(c) The remaining items should be classified as C items.

 
  15. A new retail store that had been set up in Metro City. Identify the different factors that could drive sales?
 

SECTION – C
III. Case Study                                                                                                                    (1×20=20)
  16. You have recently joined in as the Chief Analytics Officer & Business Strategy Head at an online shopping store called DressMart Inc. that specializes in apparel and clothing. One day you had the chief marketing officer of the company come rushing to your office looking unusually worried. The board of directors has given him hefty targets for sales and slashed his marketing budgets into half at the same time.  You immediately identify that you are dealing with a common business problem of improving business revenue with reduced cost. You have also realized that this is a great opportunity for you to establish analytics practices in the company since there is a quick opportunity for you to improve the P&L (income statement).

Additionally, the CMO informed you that last year they had carried out marketing campaigns with different offers on the product catalog. A direct mailing product catalog was sent to some hundred thousand customers from the base of over a couple of million customers last year with the response rate of 4.2%. The direct mailers were later followed up with SMS and email messaging

How can analytics benefit the DressMart Inc where marketing budget had slashed up to 50% of the actuals? Discuss the same in detail

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem Quantitative Techniques And Operations Research Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
m.com  ii  semester
P115 AR 201:QUANTITATIVE TECHNIQUES AND OPERATIONS RESEARCH
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. A manufacturing unit has three products on their production line.  The production capacity for each product is 50, 30 and 45 respectively.  The limitation in the production shop is that of 300 manhours as total availability and the manufacturing time required per product is 0.5,1.5 and 2.0 manhours.  The products are priced to result in profits of Rs.10, 15 and 20 respectively.  If the company has a daily demand of 25 units, 20 units and 35 units for respective products, formulate the problem as LP model so as to maximize the total profit.

 
  2. Find initial solution to the following transportation problem using Least Cost Method.

Supply Points Destinations Supply
D1 D2 D3 D4
P1 19 30 50 12 7
P2 70 30 40 60 10
P3 40 10 60 20 18
Demand 5 8 7 15 35
  3. What is a Travelling Salesman Problem?  How is it solved?

 
  4. State the addition and multiplication theorem on probability.

Probability that a contractor will get a building contract is ¼. And the probability of not getting a road contract is 2/3. If the probability of getting both the contracts is is 2/5, find out the probability that he will get either of the two contracts.

 
  5. Based on the weather conditions and industrial development in a new industrial belt, the demand for petrol for vehicles on a new service station follows the under mentioned distribution.

Weekly Demand Probability
2,000 litres 0.12
3,000 litres 0.23
4,000 litres 0.48
5,000 litres 0.17

Beginning of every week storage of petrol is 3500 liter.  Simulate for 5 weeks to show the inventory at the end of the week and unsatisfied demand

Random Nos: – 23,  78,  95,  05,  29

 

 

 
  6. Customers arrive at the first class ticket counter of a theatre at a rate of 12 per hour.  There is a clerk who can service the customer at the rate of 30 customers per hour.  Find

a)       Average length of the queue.

b)     Average waiting time in the system.

c)      The free time of the clerk if he works for 8 hours a day.

 
  7. Payoff of three acts X,Y,Z and states of nature L, M, N are given below:

States of nature Payoffs (in Rs.)
X Y Z
L -40 -50 220
M 250 -120 -50
N 400 650 350

The probabilities of the states of nature are 0.3, 0.4, and 0.3 respectively.  Calculate the expected monetary value (EMV) for different acts & select the best act.

 
  8. A company dealing with newly invented telephonic device is faced with the problem of selecting the following strategies:

i)                   Manufacture the device itself,

ii)                 To be paid on a royalty basis by another manufacturer,

iii)              Sell the rights for its invention for a lump sum.

The profit is thousands of rupees that can be expected in each case and the probabilities associated with the sales volume are shown in the following table:

Event Probability Manufacture itself Royalties Sell the right
High demand 0.2 100 40 20
Medium demand 0.3 30 25 20
Low demand 0.5 -10 15 20

Represent the company’s problem in the form of a decision tree and identify the best decision.

 
  9. Find initial solution to the Transportation problem by VAM and check for degeneracy.

  P Q R S T Supply
A 5 8 6 6 3 8
B 4 7 7 6 5 5
C 8 4 6 6 4 9
Demand 4 4 5 4 8  
  10. State Baye’s Theorem. In a bolt factory macines A, B and C manufacture 25, 35 and 40 percent of the bolts. Out of the total of their output 5, 4 and 2 percent are defective. A bolt is drawn at random and is found to be defective. What is the probability that it was manufactured by machine B.
 

 

SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. Solve graphically

Maximize Z= 80x + 120 y

Subject to constraints,

20x +50 y ≥300

x + y ≤ 9

x  ≥ 2

y ≥ 1

where x , y≥0

 
  12. a)  Solve the following assignment problem to maximize production. The table shows the number of units produced

Machines ->

Operators |

V

 A B C D
1 10 5 7 8
2 11 4 9 10
3 8 4 9 7
4 7 5 6 4
5 8 9 7 5

 

b)  A decision problem has been expressed in the following pay off table:

States of Nature Alternatives
  a 1 a 2 a 3
E1 2000 2800 1600
E2 2500 1200 1500
E3 1500 1800 1100

What will be manager’s decision if he has:

i)                    Maxi-Max Criterion

ii)                 Maxi-Min Criterion

iii)              Mini-Max Regret Criterion

iv)               Hurwicz Criterion if coefficient of operation ( alpha – α ) is 0.7

v)                  Laplace Criterion.

(10+5)
  13. Given the initial solution to the transportation problem test the optimality by Modified Distribution Method.  If need be optimized.

  Project A Project B Project C Plant

capacity
Plant W 4 8 8 56
Plant X 16 24 16 82
Plant Y 8 16 24 77
Demand 72 102 41  

Initial Solution:

 

 

 

 

From           To                   Units

Plant            Project            Transported

W                  A                      31

W                  B                       25

X                   A                       41

X                   C                       41

Y                   B                       77
  14.  Customers arrive at a booking office window being manned by a single individual at a rate of 25 per hour. The time required to serve the customer has an exponential distribution with a mean of 2 minutes. Find

i) Traffic Intensity

ii)                 Idle time of the queuing system

iii)              Mean waiting time of the customer in the system and queue.

iv)               Average number of customers in the system and queue.

v)                 Probability that the length of the queue is exactly 3.

 
  15. Solve by Simplex Method

Maximize  Z = 6x + 8y

Subject to,

5x +10y≤ 60

4x +4y ≤ 40

 

Where x, y ≥ 0
SECTION – C
III) Case Study                                                                                                              (1×20=20)
  16. Dr. Suhan a dentist owns a Dental Clinic ‘Smile Innovators’. She schedules her patients for 20 minutes appointments. Some of the patients take more or less than 20 minutes depending on the type of dental work to be done.  The following summary shows the various categories of work, their probabilities and the time actually needed to complete the work.

Category Time Required

(mins)

 Probability
Filling 30 0.40
Crown 45 0.15
Cleaning 15 0.15
Extraction 20 0.10
Checkup 15 0.20

Simulate the dentist’s clinic for two hours and determine the average waiting time for the patients as well as the idleness of the doctor. Assume that all the patients show up at the clinic at exactly their scheduled arrival time starting at 6 p.m.

Random numbers- 40, 82, 11, 34, 25, 66

 

 

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem Managerial Economics Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
m.com  –  ii semester
P115 AR 202: MANAGERIAL ECONOMICS
Duration: 3 Hours                                                                                        Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                              (7×5=35)
  1. Explain the decision making process in brief with suitable examples at each process/stage.
  2. What is Benchmarking?  Describe its measure of performance.
  3. What is meant by risk bearing theory of profits?
  4. What to you mean by PDCAC in TQM?
  5. How reengineering process helps in business?
  6. Explain the significance of Anti trust laws in Indian business.
  7. What are learning curves? State their scope in the cost benefit analysis.
  8. Explain the six sigma process.
  9. Is safety margin different from target profit explain through a mathematical problem.
  10. Briefly explain the sales maximization theory of the firm.
SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                         (3×15=45)
  11. State the relationship between the SAC and LAC curves (through a diagram).  State their significance in business decision.
  12. What is Producers equilibrium? Explain the economic region of operation in the production process with the help of ridgelines.
  13. Explain the relationship of Total, Average  and Marginal relationships used in a Company.
  14. What is TQM? Explain the different method of TQM followed in the companies.   Answer with examples.
  15. What is meant by demand forecasting? Explain with the help of a mathematical example:  a. The least square method b. Moving average method of forecasting the demand for a product.
 

 

 

SECTION – C
III) Case Study                                                                                                     (1×20=20)

 
  16. HXM  sales  of Computer peripherals.

 

Year Sales(rs) Profits(rs)
2011 20000 100000
2012 25000 140000

 

Fixed cost being Rs 200000/-

a.      What is a Break even point?

b.      Find the break even point .

c.       Find Profit volume ratio.

d.     Find the sales required to earn a profit of Rs. 18000/-

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem International Human Resource Management Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
M.COM – II  SEMESTER
P115 MC 203: INTERNATIONAL HUMAN RESOURCE MANAGEMENT
Duration: 3 Hours                                                                                              Max. Marks: 100
SECTION – A
I. Answer any SEVEN questions.  Each carries 5 marks.                                    (7×5=35)
  1. What are the similarities and differences between domestic and international HRM?
  2. Write a brief note on HRM practices in USA.
  3. What is an expatriate failure? How can it be minimized?
  4. What are the challenges faced by MNC’s  in their  overseas operations?
  5. What is culture shock? Briefly explain its phases.
  6. In what way is an ethnocentric approach that favors parent country nationals over local employees a form of ‘Discriminatory Management’?
  7. Explain how trade unions may limit the strategic choices of Multinational firms?
  8. What are advantages of using PCN in international assignments?
  9. Write a note on the ILO.
  10. Explain the component of pre-departure Training.
SECTION – B
II. Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)
  11. Who is an expatriate? What are the challenges of International performance Management?                                                                                                    (3+12)
  12. Write a detailed note on HRIS.
  13. Explain the different approaches adopted in international compensation.
  14. Consider yourself the owner of Brunt Hotels, a national chain of hotels in the UK. They have recently acquired a small chain of hotels located in France from the Bradley Group. Half of the new hotels in France will be retained and will be re-branded as part of Brunt Hotels PLC. This organization has never owned any overseas hotels. What approach do you suggest they should adopt to have a smooth and effective transfer?
  15. What are the potential business benefits that have been attributed to those multinational organizations that value and actively encourage workforce diversity?
SECTION – C
III. Case Study                                                                                                              (1×20=20)
  16.

An Expat Dilemma – Jaguar or Bluebird? Mark Chan’s Decision to Stay Overseas or Return Home after his Expatriate Assignment.

Mark Chan and his family were at a crossroads. His next career move looked certain to be the most important he would ever face. His time in England would soon be coming to a close. He, his wife and their young children had all quite enjoyed their time in Britain. But he now had either to continue pursuing his international career, or return to their native Singapore.

Mark had risen quite quickly in Energem, a diversified international corporation with leading positions in a number of industries. Having begun his career at the Singapore subsidiary of a Japanese-based consultancy firm, he was attracted by Energem’s wide range of possibilities. He joined the Singapore office after having travelled extensively in Asia for work. Having started a family, he returned to Singapore and took a managerial position in Energem’s chemicals division.

Impressing his superiors and having been promoted, after three years Mark was offered a three-year posting at the company’s London HQ. Accepting it would make him a senior executive and, despite his wife needing to give up her job, they gladly accepted.

The family was quite happy in England overall. But Mark had some concerns. Certain colleagues seemed to be implying tacitly that he was hired as a “token Asian” to add diversity to the main office. He was, however, able to convince them in time that he had indeed been hired on merit.

Over time, Mark also began to appreciate that his family was closer and happier than they had been in Singapore. Their standard of living was also higher. Sadly, Linda’s father fell seriously ill, and she began to feel intense guilt about the geographical distance between herself and her family.

Thus the emergence of the Chan family’s big dilemma: In spite of his professional success, Mark could not locate a position within the Singapore office that was a step up. He was passed over for a coveted spot in favor of someone with no international experience, and was beginning to feel quite cynical about Energem’s much-touted appreciation of the value of “global players”.

Eventually, a three-year position in Holland appeared, offering a major promotion. While appealing on many levels, the school system and culture were entirely different to anything his family had ever experienced.

Mark Chan and his wife are now on the verge of being forced to make one of the toughest decisions of their lives. Return to Singapore to a lower-paying, less attractive job for family reasons; or relocate to an unfamiliar country, yet one that was still in Europe, where they have been so comfortable? (There were also clear considerations regarding the restarting of Mark’s wife’s banking career – something that was only ever likely to happen back in Singapore.)

Questions:

a. What can the organization do to avoid the kind of problems illustrated in the case?                                                                                                                 (6 marks)

b. Should Mark accept the position in Singapore and return home? Explain why or why not.                                                                                                           (7marks)

c. What are his opinions? If Mark accepts the position in Singapore, what should his career plan be?                                                                                         (7 marks)

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem Cost Management Question Paper PDF Download

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REG NO:

st. joseph’s college of commerce (autonomous)
end semester examination – march/april 2016
m.com. – ii semester
P115MC 201:COST MANAGEMENT
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions. Each carries 5 marks.    (7×5=35)
  1. Homee& Co manufactures three durables A,B and C using the same raw material and is selling them in a competitive market. Data regarding its demand, selling price, and cost structure are given below:

Particulars A B C
Expected demand in units 10,000 12,000 20,000
Selling price per unit in Rs. 20 16 10
Variable cost per unit in Rs.      
Direct material  at Rs. 10/kg 6 4 2
Direct Labour at Rs. 15/hr 3 3 1.50
Variable Overheads 2 1 1
Fixed overhead per unit in Rs. 5 4 2

The company is frequently affected by acute scarcity of raw material and high labour turnover. During the next period it is expected to have one of the following situations:

a)      Raw material available will be only 12,100 kg.

b)     Direct labour hours available will be only 5000 hours

Suggest the best production plan in each case and the resultant profit that the company would earn.
  2. Following information is given to you:

Budgeted output 80,000 units. Fixed expenses Rs.4,00,000; Variable expenses per unit is Rs.10. Selling price per unit is Rs.20. Draw a break even chart and ascertain the breakeven point. If the selling price is reduced to Rs.18 per unit find the new break even point from the chart.
  3. A firm needs a component in its assembly line. If it decides to manufacture it inhouse it has to buy a machine for Rs.4 lakhs which will last for four years with no salvage value. Manufacturing costs in each of the four years will be Rs.8 lakhs, Rs.9 lakhs,Rs.10 lakhs and Rs.12 lakhs respectively. If the firm had to buy the components from a supplier the cost would be Rs.9 lakhs, Rs.10 lakhs, Rs.11 lakhs and Rs.14 lakhs respectively in each of the four years. The cost of capital is 10% and the present value factor for each of the four years is 0.909, 0.826, 0.751 and 0.683 respectively. Should the firm make the component or buy from outside?

 

 
  4. X & Co has budgeted to make 40,000 units of its product A whose variable cost per unit is Rs.6 and budgeted fixed cost is Rs.80,000. The financial director suggested to fix the selling price at a profit margin of 25% on full cost. But the marketing manager challenged the wisdom of this suggestion, and gave the following demand schedule:

Price per unit in Rs. Demand in units
9 32,000
10 29,000
11 26,500
12 24,000
13 20,000

a)      Find the profit for the year if the price is fixed at fullcost plus 25% margin.

b)     Find the profit for the year if profit maximizing pricing is used.
  5. X Ltd. is considering purchase of a new machine for Rs.7 lakh. It is expected that this machine will generate a cash surplus of Rs.2 lakh p.a. However it is apprehensive of its working life. It took a survey of 250 machines and found that the working of these machines vary as under:

Working life in Years 3 4 5 6 7 Total
NPV @10% of investment for each machine (2,02,000) (66,000) 58,000 1,72,000 2,74,000  
No. of machines 20 50 100 70 10 250

Should the company purchase the new machine?
  6. X Ltd. has prepared the following sales budget for the six months ending 31st Dec 2016:

Months July Aug Sept Oct Nov Dec
Sales in units 10,800 15,600 12,200 10,400 9,800 11,000

Stock of finished goods at the end of every month is to be equal to 25% of estimated sales of next month. On 1st July 2016,  2,700 units of stock are expected. There shall be no work in progress at the end of any month. Every unit of the product requires 4 kg of material A. Material equal to 50% of the requirement of the next month’s production are to be in hand at the end of every month. This requirement will be met on 1st July 2016 also.

Prepare (a) Production budget in Units and (b) Material purchase budget in kg. for the 3 months July 2016 – Sept 2016
  7. X Ltd. has two divisions – A and B. Following data is given:

Particulars Division A Division B
Investment in Rs 5 lakh 10 lakh
Sales in Rs 10 lakh 20 lakh
Variable costs 30% of sales 40% of sales
Direct controllable fixed cost in Rs 1.50 lakh 3 lakh
Direct uncontrollable fixed cost  in Rs 0.50 lakh 1 lakh
Indirect uncontrollable fixed cost  in Rs 3 lakh 5.5 lakh

 

Which is the most profitable division using

a)      Division’s contribution margin criterion

b)     Return on investment (ROI) criterion

c)      Residual income criterion (company’s minimum rate of return is 15%)

d)     List few non financial performance measures that can be used to evaluate the divisional managers.
  8. Define zero base budgeting. Distinguish it from traditional budgeting.
  9. Balanced score card is strategy driven. Comment.
  10. Define responsibility accounting. What are its benefits?
SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                             (3×15=45)
  11. X Ltd. produces a component in two separate steps which are departmentalized. One is fabrication and the other is plating and each department is treated as a profit center.

The fabricating department manufactures 24,000 components during the year, out of which it sells 4,000 units in the open market at Rs.5 per unit and transfers the balance at the same rate of Rs.5 per unit to plating department. The material and conversion cost in fabricating department is Rs.3.50 per unit and its fixed cost is Rs.20,000.

The plating department further works on the material received from fabricating department and sells all the 20,000 units in the open market at Rs.17 per unit. Material and conversion cost per unit for plating department is Rs.15.75 per unit and its fixed cost is Rs.15,000.

a)      Calculate the profit for each department and the total profit of the company.

b)     The plating department could buy its material from open market at Rs.4 per unit and hence insists that fabricating department should supply the material at Rs.4 per unit. Should fabricating department agree to the proposal?

c)      If fabricating department agrees to supply to plating department at Rs.4 per unit but decides to break even, how many units should it sell in the open market at Rs.5 per unit and how many can it sell to plating department? Maximum capacity for fabricating department is 24,000 units only.
  12. X Ltd. decides to analyse the profitability of its 4 new customers. It buys plastic containers at Rs.90 per unit and sells to retailers at different discount rates. List price is Rs.120 per unit. Following further data is given:

 

 

Particulars Customers
A B C D
Containers sold 9,620 1,46,200 73,200 5,500
Actual selling price in Rs. 96 102 108 120
Number of purchase orders 25 30 20 15
Number of customer visits 3 5 2 3
Number of deliveries 25 50 30 15
Kilometers travelled per delivery 25 5 10 20
Number of rush delivery 2 NIL NIL 1

Its five activities and its cost drivers are:

Activity Cost driver Rate
Order taking Rs.700 per purchase order
Customer visits Rs.500 per customer visit
Deliveries Rs.5 per delivery per km travelled
Product handling Rs.2 per container sold
Rush delivery Rs.1,300 per rush delivery

Compute the customer level operating income for the four customers and comment on the results.
  13. Prepare a flexible budget and estimate the profits at 60%, 80%, and 100% capacities from the following information:

a)      Fixed expenses Rs.1,49,500

b)     Semi variable expenses at 50% capacity Rs.89,500

c)      Variable expenses at 50% capacity Rs.2,67,000

Semi Variable expenses remained constant between 40% and 70% capacity, increase by 10% between 70% and 80% capacity and by 15% between 85% and 100% capacity. Sales at 60% capacity are Rs.5,10,000; at 80% capacity are Rs.6,80,000 and at 100% capacity are Rs.8,50,000. Assume all products produced are sold.
  14. X & Co. is manufacturing a special component used in the manufacture of turning machine. The firm is currently working at 80% capacity and gives the following cost data at this operating level of 80%.

Particulars Amount

 (Rs.in lakhs)
Sales 1,200
Direct materials 560
Direct Labour 240
Factory overheads (80% fixed) 180
Selling & administration overhead (40% fixed) 100

The firm has received an export order which requires utilization of 40% of plant capacity. The order cannot be split and has to be executed in one lot. The export price offered is 10%less than the current domestic price. Further 10% additional variable selling and administration cost is to be incurred due to special export packing requirement. The firm is considering the following options:

a)      Reject the export order and carry on with the domestic sales.

b)     Accept the export order and allow the domestic sales to fall to the extent required.

c)      Create additional plant capacity by installing new machinery which will result in increased fixed cost of Rs.20 lakh p.a.

Evaluate each of these options and suggest the best course of action.
  15. The budget estimates of a company using sophisticated high speed machines based on a normal working of 50,000 machine hours during 2016 are as follows:

Particulars Amount

(Rs. in Lakhs)
Sales (1,00,000 units) 100
Raw materials 20
Variable expenses 35
Contribution 45
Contribution/hour 45 lakh/50,000

= Rs.90
Fixed expenses 25
Profit 20

Since the demand for the company’s product is high, the possibilities of increasing the production are explored by the budget committee. The technical director stated that if preventive maintenance is introduced, the breakdown repair costs and hours lost due to breakdown can be reduced and consequently production can be increased. In support of this he presented the following data, showing how pumping of more and more funds on preventive maintenance will bring down the break down repair costs and reduce/eliminate machine stoppage due to breakdown:

 

Level

 Proposed expense on

preventive maintenance

 (in Rs)

 Estimated

breakdown expense

(in Rs)

 Machine

 hours saved
1 19,200 1,92,000 NIL
2 38,400 1,53,600 800
3 76,800 1,15,200 1,600
4 1,53,600 76,800 2,400
5 3,07,200 57,600 3,200
6   6,14,400 NIL 4,000

Using differential cost and contribution concept, advice the management on, up to what level breakdown hours can be reduced to increase production and maximize profits of the company consistent with minimum costs.
 

SECTION – C
III) CaseStudy (Compulsory)                                                                                  (1×20=20)
  16. Zed & co manufactures two products P & Q and sells them at Rs.215 per unit and Rs.320 per unit respectively. Their variable costs per unit are given below:

Particulars Product P

(Rs)

 Prodduct Q

(Rs)
Raw material X 22 28
Raw material Y 8 32
Direct wages (Rs.6 per labour hour)

 

    
  Department A 36 54
      Department B 18 36
      Department C 54 NIL
      Department D Nil 72
Variable overheads 23 14.30

It operates at single shift a day of 8 hours for 300 days in a year. The number of workmen engaged are 3,01,618 and 24 in departments A,B,C and D respectively. Neither the workers are subject to transfer from one department to another or any new recruitment is possible at present. Fixed costs are Rs.12,000 per month.

a)      Find the product mix to yield maximum profit.

b)     The most profitable product if only one product is to be manufactured.

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem Business Ethics And Corporate Governance Question Paper PDF Download

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REG NO:

St. Joseph’s College of Commerce (Autonomous)
End Semester Examinations – March / April 2016
m.com– ii semester
PI15 MC 202: BUSINESS ETHICS AND CORPORATE GOVERNANCE
Duration: 3 Hours                                                                                     Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                          (7×5=35)
  1. What is business ethics? Is business ethics the same as “Religion, Law, Cultural traits, Feelings, a branch of Science, a collection of values?” Discuss.
  2. Under what circumstances is a person considered ‘not morally responsible’ for an injury or wrong?
  3. Discuss briefly the ‘Code of Conduct and Ethics’ for Managers of business entities and the significance of maintaining ethical code.
  4. Comment on the general ethical issues encountered by marketing managers with suitable examples.
  5. Is irrational persuasion an acceptable practice under marketing?
  6. Compare and contrast the three main kinds of arguments(utilitarian, rights and justice) against racial and gender job description.
  7. Explain the different types of bank frauds.
  8. What is meant by insider trading?  What are the ethical issues involved in insider trading?
  9. What are the steps taken by  SEBI  for strengthening corporate governance in India ?
  10. Describe the role of CSR, as a Business strategy for Sustainable Development for corporations.
 

SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                      (3×15=45)
  11. Kohlberg’s views on moral development argue that, the more morally matured a person becomes, the more likely it is that the person will obey the moral norms of his or her society. Discuss the statement.
  12. Critically evaluate producer’s duties to the consumer. In your judgment, which theory is more adequate?
  13. Elucidate the ethical issues companies make in relation with human resource management.
  14. Discuss the structure and functioning of Banking Ombudsman Scheme 2006.  What are the benefits of the Banking Ombudsman Scheme?
  15. Explain the characteristics of business enterprises obligation to the expectations and interest of the society. Elucidate the responsibilities associated with the Corporate Governance towards various groups in the society.

 
SECTION – C
III) Case Study                                                                                                     (1×20=20)
  16. Conflict Diamonds

During the late 1990s, South African diamond producer De Beers and other companies in the diamond industry discovered that some of the diamonds they were buying or selling came from groups who used the proceeds to finance brutal civil wars. In Sierra Leone, rebels took control of diamond mines by systematically chopping off the arms and hands of as many as 20,000 children, women and men until the diamond operations were turned over to them. Similar events took place at diamond mines in Angola and the Democratic Republic of the Congo. About 4 million civilians have  died in the civil wars financed by the diamonds. Anxious to avoid a consumer boycott of “conflict diamonds,” De Beers and other Diamond companies in 2000 formed the World Diamond Council, a group made up of buyers and sellers of diamonds that pledged to use the “Kimberley Process” to track the diamonds from the mine to the jewelry shop to ensure that diamonds   they sold customers were “conflict-free.” However, in 2004, Global Witness, a watchdog group, published “Broken Vows,”  a report of a survey it conducted which concluded that “83 percent of [diamond] companies surveyed are falling short on implementing the basic measures” of the 2000 agreement to keep conflict diamonds from getting mixed in with non-conflict diamonds.

 

Questions:

 

a. Is it morally wrong for retail stores to knowingly buy diamonds if it is not possible for them to determine whether they are conflict diamonds or not?

b. Is it morally wrong for customers to do the same?

c. Explain your answers in terms of utilitarianism, rights and justice.

 

 

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