3251 / B.Com. (Hons.) IVth Semester Examination, 2023 MANAGEMENT ACCOUNTING Paper : BCH-401 Time : 3 Hours | [| MM. : 70 Note :— Answer any five questions. All questions carry equal marks. 1. What is Management Accounting ? Describe the essential features of management accounting. How is it different from financial accounting ? 2. Discuss the role of a management accountant in the formulation of decision-making strategies in an organization. 3. Define ‘Budget’ and ‘Budgeting’. What are the advantages and limitations of budgeting ? 3251/4 (1) KN=291 Turn Over4. ABC Ltd. Company has Provided the expenses budget for Production of 60% Capacity, prepare a budget for Production at 80% and 100% Capacity : Production at 60% Capacity | 600 units Materials = 100/unit Labour ® 40/unit Expenses % 10/unit Factory Expenses © 40,000 (40% fixed) Administration Expenses % 30,000 (60% fixed) 5. What is Standard Costing ? How is it different from historical costing ? Discuss the objectives, advantages and disadvantages of standard costing. 6. The standard quantity of material per unit and . standard price for producing an item are as follows : The actual quantity of material consumed and its cost for producing 500 units are as under : 3251/4 (2) KN-291Quantity ® 17,360 21,120 5600 kg 9600 kg Calculate Material Variances. 7. What is a fund flow statement and how does it differ from a cash flow statement ? Discuss the various sources of funds and uses of funds that are typically reported in a fund flow statement. 8. Write short notes on the following : (a) Zero Based Budgeting (b) Classification of activities in Cash Flow statement 17. 9. Calculate the following ratios from the given information : $0 aC AMC. (a) Acid test ratio Soro 3 = 1930 (b) Gross profit ratio (c) Stock turnover ratio (d) Operating ratio (e) Debt-equity ratio 3251/4 (3) KN=291 TunOvePreference Share Capital 3,00,000 Equity Share Capital 4,00,000 General Reserve 10,000 Long-term Loans 1,50,000 Creditors 20,000 Bills Payable 4,000 Debtors 1,20,000 Cash and Bank Balance 60,000 Opening Stock 50,000 Closing Stock 80,000 Net Sales 5,00,000 Administrative Expenses 20,000 Selling Expenses 30,000 Miscellaneous Expenses 5,000 Gross Profit 2,80,000 Net Profit 1,06,000 10.What is Marginal Costing ? Discuss some important applications of marginal costing for managerial decisions. Distinguish between marginal costing and absorption costing. 3251/4 (4) KN-2913252 B.Com (Hons.) IVth Semester Examination, 2023 ORGANISATION BEHAVIOUR Paper : BCH-402 Time : 3 Hours | [ MM. : 70 Note :— Answer any five questions. All questions carry equal marks. 1, Define Organisation Behaviour. Elaborate on the contribution made by different disciplines to the study of OB. 4+10 How do motivation theories help to understand human behavriour at work ? Which motivation theory, according to you, is most useful in explaining the ways of motivating employees in post COVID ? 4+10 3252/3 (1) KN=292 Turn Over/ Write short notes on the following (a) Role of Manager in Organizdtion (b) Impact of environment on OB 7+7 @. Discuss the various types of reinforcement strategies which used into modify the behaviour of people in organization. 5. Discuss the concept of Learning. State the classical and operant conditioning theory of learning in detail. 4+5+5 6. How is group decision making different from individual decision making ? Explain the various types or forms of group decision making. yx 4410 p Why do people join the group ? Discuss the various types of group with suitable examples. T+) 8. Contrast organisational culture with national culture. What are the characteristics, which help us to understand the culture of any organisation ? 4+10 i KN-292 3252/ 3 (2)9. Write short notes on the following : (a) Model of Change (6) OD Intervention 7+7 10. What are the components in the conflict process model ? Discuss the important methods of resolution of conflicts. 7+7Le E 3253 a \ B.Com. (Hons.) (Vth Semester) \ \ Examination, 2023 \ COMPANY LAW AND SECRETARIAL \ PRACTICES Paper : BCH-403 [ MM. : 70 Time : 3 Hours | Note :— Answer any five questions. All questions carry equal marks. - 1., Define company as per Companies Act, 2013 and discuss its characteristics. 2 Discuss the role of a promoter and its eligibility < criteria. Also discuss the functions of a promoter. 3y What do you mean by Memorandum of Association ? Explain the form of Memorandum and the provisions regarding its presenting and signing.’ 3258 / 2 (1) jKN=298 Turn Over‘G Define Prospectus. What are its contents ? Give the various requirements of prospectus. 5, Discuss the process of issues of shares in detail 6. Define member. Discuss who can become a member of a company ? Explain the various modes of acquiring membership in a company. 7. Define a company secretary. Explain the qualifications and liabilities of a company secretary. 8. Enumerate the secretarial duties in relation to Board meetings and General meetings ‘of a company. 9.. Write notes on the following : (a) Red ‘Herring Prospectus (b). One Person Company 147 10. Write notes on the following : (a) Annual General Meeting (b) Pro-tem Secretary i (2) KN-293 3253 / 23254 B.Com. (Hons.) IV Semester Examination, 2023 COMMERCE (Operations Research) Paper : BCH-404 Time : 3 Hours | [ MM. : 70 Note :— Answer any five questions, All questions carry equal marks. Bk What is Operations Research ? Discuss the f ~ principles of modelling_in Operations Research. \ 2 HMentify the application of ‘OR in manufacturing and service sectors. Briefly trace the history of operations research. How did operations research develop after World War II? 3254/4 (1) KN=294 Turn Over_e pets Tesearch is the applicati By methods, techniques an PPplication of Scientific d tools to Problems " . System wi optimum solutions to the problem.” Disouss m “# Fn iess of the way one defines linear Programming, certain basic Tequirements are necessary before this technique can be employed to business problems. | What ate these basic requirements in formulation ? Explain briefly. Use suitble illustrations, 5. A company sells two tifferent products A and B, and making a profit of % 40 and % 30 per unit, respectively. They are both produced with. the help of a common productida process and are sold in two different markets. ‘The production process has a total capacity of nap man-hours. It takes three hours to produce a uit of A and one hour to produce a unit of B. The market has been surveyed and company official: feel that the maximum number of units of A) that can be sold is 8,000 units can that of B is 12,000 units. Subject to these limitations, products can be sold in any combination. Formulate this problem as an LP model to maximize profit. 3254 / 4 (2) KN-2{6 use the graphical methods to solve the following LP problem : | Maximize Z = 2x, + x) subject to the constraints : x, + 2x, < 10 x + 4 56 % — %y $2 - ©O xy — 2x £1 r and Hy, X20 ‘Ba Vogel’s Approximations to find the initial possible solution of the Ore problem : | 19 | 20 | 23 50 pefmfofo] | KN-2 94 Turn Over 3254/4 (3)fs) A department of a company has given employees with five jobs to be performed. The time (in hours) that each man takes to perfo! h job is given in the effectiveness matrix. Employees I nm iWwvewy A, 10 @ 13 15 16 B 9 18 13 6 p eT mel 9 @D 2 /E 7 9 10 (4) 12_ How whould the "fbbs” be allocated, one per employee, so as to minimize the total man-hours ? 9. (a) Explain MAXIMIN and MINIMAX ceriteria in Game theory_., —) Explain saddle ‘point, pure and Mixed Stratetgy. xplain the various quantitative methods that are useful for decision making under uncertainty. Use your own examples to illustrate. 3254/4 (4) KN-2943255 | B.Com. (Hons.) [Vth Semester Examination, 2023 INCOME TAX LAW AND ACCOUNTS Paper : BCH-405 Time : 3 Hours | [ MM. : 70 Note :— Answer any five questions. All questions carry equal marks. 1. Who is an Assessee ? What are the tax rates Z applicable in case of an individual for the yy..345 14 Vt assessment year 2022-23 ? “The incidence of income tax depends upon the fesidential status of an assessee.” Discuss in detail. _ What are the differences between tax planning, tax avoidance and tax evasion ? Also give suitable examples of each of them. 4. Distinguish between Allowances and Perquisites. Briefly discuss any four allowances and perquisites which are not chargeable to tax. 7+7=14 (1) KN-295 ‘Turn Over 14 Ww 2 14 3255 / 4_ suppose, Mr. en : 52 house property. It has two : unit 1 and unit 2, while unit ae ‘x’ for his residential Purpose, unit i by Mr being = 6,000 per month, rent of2 state Out (rent recovered). Municipal value of the ‘ce hg is 1,30,000, standard rent is t 1,25,000 ane in @ 1,40,000. Municipal tax is imposed at rent cent which is paid by Mr. ‘x’ Ber ! himself. Interest capital (borrowed during 1998) for constructing es property was ¥ 63,000. Find out the total income of Mr. ‘X’ for the assessment year 2022- assumption that income of Mr. ‘x’ e Years) owns 4 Tesidentiay Titial Units— 23 on the —_ from other sources is = 1,00,000. 14 6. Suppose, Mr. ‘A’ is an ordinarily resident in India earned/received the following incomes during the previous year 2021-22 : Director’s fee 2,000 Income received from agricultural land in Sri Lanka 5,000 Ground-rent for land in Pathankot 10,000 Tae on Post Office Savings Bank account 2,000 \— 3255 / 4 (2) KN-295Interest on deposits with Industrial Finance Corporation of India (FCI) 1,000 &) Divident from foreign company 1,500 Rent from sub-letting a house 20,000 -e Winning from lotteries (Gross) 12,000 , Interest on securities 5,000 © Dividend from an Indian Company ay (Gross) 4,000 Salary as an Member of Legislative “ Assembly (M.L.A.) 40,000 (—} Compute ‘Income from other sources” of Mr. ‘A’ for the assessment year 2022-23. 7. Explain the provisions regarding carry forward and set-off of losses. 14 14 8. What do you mean by Income Tax Return (ITR)? Who can use ITR-1 (SAHAJ) form ? 9. Answer the following : (a) How is Alternative Minimum Tax (AMT) yy calculated ? (b) How is book profit of a firm compute ? 7+7=14 3255 [4 (3) KN=-295 Turn Over10. From the following particulars of Mr. Rohit (Age : 50 years), compute his total taxable income and net tax Liability/Payable for the assessment year 2022-23 : Particulars z Net Salary received from private company 4,00,000 Rent received from Let-out house property 30,000 Municipal Tax paid during the PY. 2021-22 3,000 Income from Business 2,60,000 Income from Speculative business 25,000 Loss from Speculative business 20,000 Short-term capital gain, 8,000 Long-term capital gain 25,000 Long-term capital loss 10,000 Winning from lottery (gross) 50,000 Agticultural income from_ Nepal, 30,000 /Medical insurance premium paid, by chaque donation to National Defence Fund (N.D.F) by cheque 20,000 14 3255 / 4 (4) KN-2953256 B.Com. (Hons.) IVth Semester | Examination, 2023 INTERNATIONAL BUSINESS Paper : BCH-406 Time : 3 Hours | [14M : 70 Note :— Andwer any five questions. All questions carry equal marks, ~ 1. Describe the various approaches of international business. 2. Write short notes on any two of the following : “ (a) Product life cycle. 6 x (b) Comparative cost advantage © Stolper-Samuelson theorem T+7 3. What is IHRM ? Discuss the variables that ail differentiate between domestic HRM and IHRM. 3256 / 2 (1) KN-296 Turn Overy What do you understand by intemational business negotiation ? Explain in detail the process of negotiation. 5. Who is an expatriate ? Explain the qualities that are required to become an expatriate. 6. Discuss IMF along with its objectives and advantages. 7. Explain in detail the composition and structure of World Bank. 8. Write a note on the regional economic organization. How have they facilitated in the growth of Indian trade ? 2 Explain the different types of exchange rate --* regimes and factors affecting exchange rates. 10. Discuss the various business entry strategies under international business. de of de pret = wir we gop (2 * Fer (2) ee KN-296