Assignment Questions for M.Com. Part I (Sem. I) Mar./Apr. 2016
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1 Assignment Questions for M.Com. Part I (Sem. I) Mar./Apr 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 For each subject s assignment the maximum marks obtainable are Attempt any two questions out of three. (Each question carry marks). 4. For each course / paper / subject, assignment should be Hand Written on a separate sheet. Only Blue Colored I n k Pen 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.. Submit the assignments to the respective Study Centre where you had taken the admission for academic year 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 exam. In case of any query contact : Shri. Dattatraya K. Kamalakar Course Co-ordintor, Commerce, Centre for Distance Education, Shivaji University, Kolhapur. Telephone: - (0231) cde_com@unishivaji.ac.in Last Date for Assignment Submission:- 31 st Mar. 2016
2 M.Com. Part I (Sem. I) Mar./Apr Distance Mode Exam Seat o. :- Assignment for the Subject of Paper Number :- Subject Code :- Name of the Candidate :- Name of the Study Centre :- Address :- Pin Code :- Mobile No :- PRN Number :- Course :- M.Com. Part I (Sem. I) Distance Mode. Date of Submission of Assignments :- Signature of Student :- Marks obtained out of 20 :- Signature of Evaluator of Assignment :-
3 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. Q.2 Explain all Managerial Functions. a. Leadership styles b. Two factor theory Sub. : Managerial Economics Paper I Q.1 Explain Nature and Scope of Managerial Economics. Q.2 Discuss Price Elasticity of demand. a. Economics of Scale b. Indifference Curve Analysis Sub. : (Group a) Advanced Accountancy paper I Q.1 Distinguish between IFRS and GAAP. Q.2 H Ltd acquires 3/4 th share capital of S Ltd. on 31 st March 2014, when the Balance Sheet of the two companies are as under: Liabilities H Ltd S Ltd Assets H Ltd S Ltd Share Capital (in Rs. shares) General reserve Profit and loss a/c % Debentures Sundry creditors 20,000 5,000 3,000,000 5,000,000 3,000 2,000 5,000 2,000 Fixed Assets Current Assets Shares in S Ltd. 20,000 13,000,000,000 12,000 --
4 43,000 22,000 43,000 22,000 You are required to prepare the consolidated balance sheet as on 31 st March 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 31 st March 2014 and the Balance Sheet as on that date. Particulars Rs. (Dr) Rs. (Cr) Share capital Calls in arrear Reserve fund Cooperative development fund Opening stock Furniture Education fund Creditors Sundry debtors Commission payable Salaries Commission Rent and taxes Postage Travelling expenses Printing stationery Interest Audit fees Interest on investment Profit and Loss A/c Equipment Admission fees Purchases Carriage inward Investment Sales Cash in hand Cash at bank Total ,250 5,300 3,000 7,500 2,700 2,600 1, ,800 1,58,500 4,000,000 1,480 15,000 2,26,450 Adjustments: 1. Outstanding Rent Rs. 0 and salary Rs Rs.300 was given advance to an employee against salary. 3. Interest accrued on investment Rs Charge 5% Depreciation on Furniture.,000 1, , ,000 5,0 50 2,05,000 2,26450
5 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. Q.3 Write a detailed note on Audit of Insurance Company Sub. : (Group b) Advanced Costing Paper I Q.1 Define Cost Accounting and explain the Difference between Financial Accounting and Cost Accounting. Q.2 The Kolhapur Pioneer Product Ltd. Produced 00 completed units of product A during the year ended From the following particulars prepare a Cost Sheet for the year ended Opening stock Closing stock 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) Insurance (Office) (Factory) (Office) Repairs to machinery Indirect Material Supervision (Factory) (Office) a. Time and Motion Study. b. Economic Order Quantity. Depreciation of plant Work in progress Work in progress 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
6 Sub. : (Group b) Advanced Costing Paper II Q.1 What is mean by Contract Costing? Distinguish between Job Costing and Process Costing. 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. 20% on Prime Cost Admn. O.H. Rs. 24 per unit of production Selling Rs. 32 per unit sold. 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 40 Selling 384 Interest received 8 Sales (12 lakh units) 560 Closing stock (4 lakh units) 96 W.I.P. 64 a. Service Costing. b. Classification of Overheads. Sub. : (Group c) Taxation Paper I (Income Tax) Q.1 Discuss Exempted Income u/s. 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.
7 a. Residential Status of Individual b. Tax Liability Sub. : (Group c) Taxation Paper II (Income Tax) Q.1 Discuss provisions relating to Clubbing of Income. Q.2 Practical problem on HUF. From the following particulars compute the Total Income of the Family Particulars Amount in Rs. Profit from business 42,000 Salary received by member of family employed in Gov. dept. 6,000 Directors fees received by Karta 4,000 Municipal value of the property let out (rent receivable Rs. 8400) 6,000 Municipal taxes paid on the above property 600 Dividends from co-operative society 4,000 Contribution to unit linked Insurance Plan of UTI 4,000 Donations to National Children s Fund 3,000 During the year the family sold one of its buildings for Rs. 2,53,800 which was purchased on for Rs. 43,150. It also sold shares for Rs. 39,450 which were purchased on for Rs The cost inflation indices for the financial years and were Rs. 140 and Rs. 785 respectively. a. Set - off and Carry forward of losses b. E and Online Payment 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.)?
8 Q.2 State the objectives of Securities and Exchange Board of India. a. Provisions Regarding Collecting Bank. b. Explain the Licensing of Banking Companies 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. Q.2 State the meaning and objectives of Cash Management. a. Management by Objectives. b. Risk Management in Banks. Sub. : (Group e) Cooperation and Rural Development Paper I (Principles of Cooperation) Q.1 What is the role of cooperation in Economic Development? Q.2 State the main provisions of Maharashtra Cooperative Act a. Sources of finance for cooperatives b. Cooperative movement after 1991 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? Q.2 What are the causes of rural indebtedness? Suggest remedies. a. Regional Rural Banks b. Forest resources
9 Sub. : (Group f) Business Administration Paper I (Introduction to Business Administration) Q.1 State the importance and characteristics of Business Administration. Q.2 Briefly explain the elements of Business Environment. a. E-Business. b. Nature of Business Ethics. Sub. : (Group f) Business Administration Paper II (Functional Areas of Management: HR and Production) Q.1 What are the functions of Human Resource Management? Q.2 Explain the Challenges before future Human Resource Management (HRM). a. Total Quality Management (TQM). b. Logistic Management. Sub. : (Group g) Secretarial Practice Paper I Q.1 Define secretary. What are the types of secretaries? Q.2 Write a note on role of company secretary in corporate governance. a. Rights and Duties of company secretary b. Role of Directors in Corporate Governance Sub. : (Group g) Secretarial Practice Paper II (Business Correspondence) Q.1 Explain the layout of a good business letter. Q.2 Describe the barriers in communication.
10 a. Types of Communication b. Precautions in report writing 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? Q.2 Describe the role of Entrepreneurship Development Programme in Economic Development. a. Obstacles in entrepreneurial growth b. Enterprise and Entrepreneurship Sub. : (Group h) Small Business and Entrepreneurship Management Paper II (Management of Small Business) Q.1 Explain the MSME policy in India. Q.2 Describe the steps in selecting a location of an enterprise. a. Role of SIDBI b. Supply Chain Management Sub. : (Group i) Organized Markets and Transportation Paper I (Organized Markets) Q.1 What is marketing? Explain its significance. Q.2 What are the challenges in marketing in 21 st century? a. Macro Economic Environment b. 7 p s in Marketing Mix
11 Sub. : (Group i) Organized Markets and Transportation Paper II (Transportation Paper II) Q.1 Explain the Economic and Political significance of transport. Q.2 What are the principles of pricing in transport? a. Transport Research in India b. Means of transport coordination Sub. : (Group j) Insurance Paper I (Fundamentals of Insurance) Q.1 Discuss Role and Importance of Insurance. Q.2 Define Primary and Secondary Principles of Insurance in Brief. a. Agent and classification of Agent b. Types of Insurance contract 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. Q.2 Define principles of Life Insurance. a. Difference between Life Insurance and other Insurance b. Life Insurance Products Sub. : (Group k) Advanced Statistics Paper I (Mathematical Methods) Q.1 Find the inverse of matrix by using adjoint method.
12 2 1 1 = Q.2 Solve the following integration 1. Find, and using Cramer s rule, if + = =0 + + =2. 2. Find the derivative of the following with respect to 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). 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 a. Basic principles of design of experiments. b. Latin square design (LSD)
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