Assignment Questions for M.Com. Part – I (Sem. I)
Mar./Apr. 2016
Instructions for Assignment Submission
Please note following instructions for submission of Assignments:
1. These assignments should be submitted only by those students who have registered for
M.Com. Part I (Sem. I) Distance mode Repeaters, the examinations to be held in
Mar./Apr. 2016.
2. For each subject’s assignment the maximum marks obtainable are 20.
3. Attempt any two questions out of three. (Each question carry 10 marks).
4. For each course / paper / subject, assignment should be Hand Written on a separate
sheet. Only Blue Colored I n k P en i s to be used for Assignment Writing.
5. Only A4 / Assignment paper should be used for the Assignment Writing.
6. A separate set should be made for each subject.
7. A cover page as per the format given below on page number 2 should be
attached on the top of the set for each subject.
8. Finally for a particular semester, one file should be made for all subjects.
9. Examination Hall Ticket must be attached with assignments when it submits to
respective Study Centre.
10. Submit the assignments to the respective Study Centre where you had taken the
admission for academic year 2015-16.
11. It is the student’s responsibility to ensure that the assignments reach the centre on or
before the due date. No excuses of any kind for late or non-submission of assignments
will be entertained.
12. If a student is unable to submit the assignment(s) in person, the student may at his /
her own risk submit the assignment(s) through an acquaintance, fellow student or by
courier.
13. Submit the assignments only when you will get the seat no. or generate Hall Ticket for
Mar./Apr. 2016 exam.
In case of any query contact :
Shri. Dattatraya K. Kamalakar
Course Co-ordintor, Commerce,
Centre for Distance Education,
Shivaji University, Kolhapur.
Telephone: - (0231) 2693871
E-mail:- [email protected]
Last Date for Assignment Submission:- 31st Mar. 2016
M.Com. Part I (Sem. I) Mar./Apr. 2016
Distance Mode
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Course :- M.Com. Part I (Sem. I) Distance Mode.
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M.Com. Part I (Sem. I)
Assignment Questions
.ote : 1. All questions carry equal marks.
2. Attempt Any Two for all Papers.
Sub. : Management Concepts and Organizational Behavior Paper – I
(Management Concepts)
Q.1 Explain in detail Roles of Manager According to Henry Mintzberg’s.
10
Q.2 Explain all Managerial Functions.
10
Q.3 Write Short Notes
a. Leadership styles
b. Two factor theory
10
Sub. : Managerial Economics Paper – I
Q.1 Explain Nature and Scope of Managerial Economics.
10
Q.2 Discuss Price Elasticity of demand.
10
Q.3 Write Short Notes
a. Economics of Scale
b. Indifference Curve Analysis
10
Sub. : (Group – a) Advanced Accountancy paper – I
10
Q.1 Distinguish between IFRS and GAAP.
Q.2 H Ltd acquires 3/4th share capital of S Ltd. on 31st March 2014,
Balance Sheet of the two companies are as under:
Liabilities
H Ltd
S Ltd
Assets
H Ltd
Share Capital (in
20,000
10,000 Fixed Assets
20,000
Rs. 10 shares)
Current
13,000
General reserve
5,000
3,000 Assets
10,000
Profit and loss a/c
3,000
2,000 Shares in S
10% Debentures
10,000
5,000 Ltd.
Sundry creditors
5,000
2,000
when the
S Ltd
10,000
12,000
--
10
43,000
22,000
43,000
22,000
You are required to prepare the consolidated balance sheet as on 31st March
2014.
Q.3 From the following Trial Balance prepare Trading Profit and Loss A/c in the
books of Rajesh Consumer Cooperative Society for the year ended 31st March
2014 and the Balance Sheet as on that date.
Particulars
Rs. (Dr) Rs. (Cr)
-Share capital
10,000
Calls in arrear
600
Reserve fund
-1,500
Cooperative development fund
-500
Opening stock
11,250
Furniture
5,300
Education fund
800
Creditors
2,000
Sundry debtors
3,000
Commission payable
500
Salaries
7,500
Commission
2,700
Rent and taxes
2,600
Postage
1,250
Travelling expenses
200
Printing stationery
400
Interest
470
Audit fees
400
Interest on investment
1,000
Profit and Loss A/c
1,800
5,100
Equipment
Admission fees
1,58,500
50
Purchases
4,000
Carriage inward
10,000
Investment
2,05,000
Sales
1,480
Cash in hand
15,000
Cash at bank
Total
2,26,450 2,26450
Adjustments:
1. Outstanding Rent Rs. 100 and salary Rs. 200.
2. Rs.300 was given advance to an employee against salary.
3. Interest accrued on investment Rs. 200.
4. Charge 5% Depreciation on Furniture.
10
5. Closing stock is valued at cost Rs. 12,500.
Sub. : (Group – a) Advanced Accountancy Paper – II
(Auditing)
Q.1 What do you mean by ‘Internal Audit’? Distinguish between Internal Audit and
External Audit.
Q.2 Define Management Audit. Explain its features and scope.
10
Q.3 Write a detailed note on Audit of Insurance Company
10
10
Sub. : (Group – b) Advanced Costing Paper – I
Q.1 Define Cost Accounting and explain the Difference between Financial
Accounting and Cost Accounting.
10
Q.2 The Kolhapur Pioneer Product Ltd. Produced 1000 completed units of product
A during the year ended 31-3-2015. From the following particulars prepare a
Cost Sheet for the year ended 31-3-2015.
10
Opening stock 1-4-2015
Closing stock 31-3-2015
Opening stock R.M.
Purchase of R.M.
Carriage inward
Closing stock of R.W.
Direct wages
Indirect wages
Power
Direct Expenses
Rent & rates (Factory)
(Office)
Lighting
(Factory)
(Office)
Insurance (Factory)
(Office)
Repairs to machinery
Indirect Material
Supervision (Factory)
(Office)
18000
36000
3000
17000
600
2600
24000
600
9000
12000
2400
2200
800
1000
600
800
400
1600
2800
1000
Q.3 Write Short Notes
a. Time and Motion Study.
b. Economic Order Quantity.
Depreciation of plant
Work in progress 1-4-2015
Work in progress 31-3-2015
Office salaries
Sundry expenses
Repairs to office building
Depreciation to building
Carriage outward
Travelling exp.
Advertising
Agents commission
Bad debts
Delivery van expenses
Sales
Salesman salary
Counting house salaries
Drawings office salaries
Advance income tax
Sale of scrap
400
2400
3000
9200
1800
400
600
400
1200
2400
3000
200
600
104000
2000
1000
1000
12000
1000
10
Sub. : (Group – b) Advanced Costing Paper – II
Q.1 What is mean by Contract Costing? Distinguish between Job Costing and
Process Costing.
10
Q.2 From the following information prepare the statement of Reconciliation of
financial profit with that of costing profit.
Costing Information
Direct materials Rs. 2,24,00,000
F.Y.O.H. Recovered @ 20% on Prime Cost
Admn. O.H. Recovered @ Rs. 24 per unit of production
Selling O.H. @ Rs. 32 per unit sold.
10
Financial Information
(Rs. in lakhs)
D. Materials
200
Bad Debts
16
D. Labour
80
Preliminary Expns.
8
O.H. – Factory
64
Legal charges
4
Admin.
200
Dividend Received
Selling
Sales (12 lakh units)
384
560
Interest received
Closing stock (4 lakh units)
W.I.P.
40
8
96
64
Q.3 Write Short Notes
a. Service Costing.
b. Classification of Overheads.
10
Sub. : (Group – c) Taxation Paper – I
(Income Tax)
Q.1 Discuss Exempted Income u/s 10.
10
Q.2 Compute the Total Income from the following particulars.
a. Income from salary Rs. 3,60,000
b. House Property Rs. 45,000
c. other sources Rs. 80,000
He contributed to p.p.f. Rs. 1,00,000 he paid insurance premium on his life
policy Rs. 20,000 on his policy for Rs. 2,50,000. His contribution to R.P.F.
Rs. 36,000.
10
Q.3 Write Short Notes
a. Residential Status of Individual
b. Tax Liability
10
Sub. : (Group – c) Taxation Paper – II
(Income Tax)
Q.1 Discuss provisions relating to Clubbing of Income.
10
Q.2 Practical problem on HUF.
From the following particulars compute the Total Income of the Family
10
Particulars
Profit from business
Salary received by member of family employed in Gov. dept.
Directors fees received by Karta
Municipal value of the property let out (rent receivable Rs. 8400)
Municipal taxes paid on the above property
Dividends from co-operative society
Contribution to unit linked Insurance Plan of UTI
Donations to National Children’s Fund
Amount in
Rs.
42,000
6,000
4,000
6,000
600
4,000
4,000
3,000
During the year the family sold one of its buildings for Rs. 2,53,800
which was purchased on 11.04.1986 for Rs. 43,150. It also sold shares for Rs.
39,450 which were purchased on 01.03.1987 for Rs. 7000. The cost inflation
indices for the financial years 1986-1987 and 2012-2013 were Rs. 140 and Rs.
785 respectively.
Q.3 Write Short Notes
a. Set - off and Carry forward of losses
b. E – and Online Payment
10
Sub. : (Group – d) Advanced Banking and Financial System Paper - I
(Law and Practice of Banking in India)
Q.1 What are the functions of Reserve Bank of India (R.B.I.)?
10
Q.2 State the objectives of Securities and Exchange Board of India.
10
Q.3 Write Short Notes
a. Provisions Regarding Collecting Bank.
b. Explain the Licensing of Banking Companies
10
Sub. : (Group – d) Advanced Banking and Financial System Paper - II
(Bank Management)
Q.1 Define Controlling Function of Bank Management and explain the steps in
Controlling Process.
10
Q.2 State the meaning and objectives of Cash Management.
10
Q.3 Write Short Notes
a. Management by Objectives.
b. Risk Management in Banks.
10
Sub. : (Group – e) Cooperation and Rural Development Paper – I
(Principles of Cooperation)
Q.1 What is the role of cooperation in Economic Development?
10
Q.2 State the main provisions of Maharashtra Cooperative Act 1960.
10
Q.3 Write Short Notes
a. Sources of finance for cooperatives
b. Cooperative movement after 1991
10
Sub. : (Group – e) Cooperation and Rural Development Paper – II
(Rural Economy in India)
Q.1 What is the role of rural economic sector in Indian economy?
10
Q.2 What are the causes of rural indebtedness? Suggest remedies.
10
Q.3 Write Short Notes
a. Regional Rural Banks
b. Forest resources
10
Sub. : (Group – f) Business Administration Paper – I
(Introduction to Business Administration)
Q.1 State the importance and characteristics of Business Administration.
10
Q.2 Briefly explain the elements of Business Environment.
10
Q.3 Write Short Notes
a. E-Business.
b. Nature of Business Ethics.
10
Sub. : (Group – f) Business Administration Paper – II
(Functional Areas of Management: HR and Production)
Q.1 What are the functions of Human Resource Management?
10
Q.2 Explain the Challenges before future Human Resource Management (HRM).
10
Q.3 Write Short Notes
a. Total Quality Management (TQM).
b. Logistic Management.
10
Sub. : (Group – g) Secretarial Practice Paper – I
Q.1 Define secretary. What are the types of secretaries?
10
Q.2 Write a note on role of company secretary in corporate governance.
10
Q.3 Write Short Notes
a. Rights and Duties of company secretary
b. Role of Directors in Corporate Governance
10
Sub. : (Group – g) Secretarial Practice Paper – II
(Business Correspondence)
Q.1 Explain the layout of a good business letter.
10
Q.2 Describe the barriers in communication.
10
Q.3 Write Short Notes
a. Types of Communication
b. Precautions in report writing
10
Sub. : (Group – h) Small Business and Entrepreneurship Management Paper – I
(Entrepreneurship Management)
Q.1 Explain the concept of Entrepreneur. How this term differs from Intrapreneur?
10
Q.2 Describe the role of Entrepreneurship Development Programme in Economic
Development.
10
Q.3 Write Short Notes
a. Obstacles in entrepreneurial growth
b. Enterprise and Entrepreneurship
10
Sub. : (Group – h) Small Business and Entrepreneurship Management Paper – II
(Management of Small Business)
Q.1 Explain the MSME policy in India.
10
Q.2 Describe the steps in selecting a location of an enterprise.
10
Q.3 Write Short Notes
a. Role of SIDBI
b. Supply Chain Management
10
Sub. : (Group – i) Organized Markets and Transportation Paper – I
(Organized Markets)
Q.1 What is marketing? Explain its significance.
10
Q.2 What are the challenges in marketing in 21st century?
10
Q.3 Write Short Notes
a. Macro Economic Environment
b. 7 p’s in Marketing Mix
10
Sub. : (Group – i) Organized Markets and Transportation Paper – II
(Transportation Paper II)
Q.1 Explain the Economic and Political significance of transport.
10
Q.2 What are the principles of pricing in transport ?
10
Q.3 Write Short Notes
a. Transport Research in India
b. Means of transport coordination
10
Sub. : (Group – j) Insurance Paper – I
(Fundamentals of Insurance)
Q.1 Discuss Role and Importance of Insurance.
10
Q.2 Define Primary and Secondary Principles of Insurance in Brief.
10
Q.3 Write Short Notes
a. Agent and classification of Agent
b. Types of Insurance contract
10
Sub. : (Group – j) Insurance Paper – II
(Principles & Practice of Life & Health Insurance)
Q.1 Briefly enumerate the procedure of taking Life Insurance policy and settlement
of Life Insurance claim.
10
Q.2 Define principles of Life Insurance.
10
Q.3 Write Short Notes
a. Difference between Life Insurance and other Insurance
b. Life Insurance Products
10
Sub. : (Group – k) Advanced Statistics Paper – I
(Mathematical Methods)
Q.1 Find the inverse of matrix by using adjoint method.
10
2 −1
1
= −1
2 −1
1 −1
2
Q.2 Solve the following integration
10
10
Q.3 Write Short Notes
1. Find , and using Cramer’s rule, if
−+ =4
2 + − 3 = 0
+ + = 2.
2. Find the derivative of the following with respect to .
5
2
+
+9
√
Sub. : (Group – k) Advanced Statistics Paper – II
(Design of Experiments)
Q.1 Write the layout, mathematical model and analysis of variance of completely
randomized design (CRD).
10
Q.2 A chemist wishes to test the effect of four chemical agents on the strength of a
particular types of cloths. Because there might be variability from one bolt to
another, the chemist decides to use a randomized block design with the bolts of
cloth considered as blocks. He selects five bolts and applies all four chemicals
in random order to each bolt. The resulting tensile strengths follow. Analyze
the data from this experiment (use α = 0.05) and draw appropriate conclusions.
Bolt
Chemical
1
2
3
4
5
1
73
68
74
71
67
10
2
73
67
75
72
70
3
75
68
78
73
68
4
75
71
75
75
69
Q.3 Write Short Notes
a. Basic principles of design of experiments.
b. Latin square design (LSD)
10