B.B.A. _CS_ _2005 onwards_

Document Sample
B.B.A. _CS_ _2005 onwards_ Powered By Docstoc
					                                                                    ws11




 DE–3970                                                   11


                       DISTANCE EDUCATION

     B.B.A. (C.S) DEGREE EXAMINATION, DECEMBER 2008.

                   BUSINESS COMMUNICATION

                            (2005 onwards)

Time : Three hours                           Maximum : 100 marks

                   SECTION A — (5  8 = 40 marks)

                      Answer any FIVE questions.

1.     What are the various types of business letters?

2.     Explain :

       (a)   Enquiries

       (b)   Replies

       (c)   Offers

       (d)   Order.

3.     With reference to an advertisement in ‘‘The Hindu’’, write
a letter to ‘XYZ’ paint company limited, enquiring the prices,
terms of sales etc.,

4.     You have received an order for the supply of stationery
goods worth of Rs. 3,600 from Sanjay Traders. They have not
paid previous orders’ settlement of Rs. 6,500 for 3 months.
Write a letter seeking a settlement of accounts before executing
the present order.
                                                                   ws11




5.    What are the various sources of mistakes giving rise to
complaints?

6.    How to write an effective collection letter?

7.    What are the characteristics of a good speech?

8.    As a College Union President, Draft a welcome speech for
your union inauguration function?

               SECTION B — (4 × 15 = 60 marks)

                   Answer any FOUR questions.

9.    Explain elaborately the Lay out or parts of a business
letter.

10.   Describe in detail, the various barriers of organisational
communication and the strategies to overcome it.

11.   (a)   Even though you were assured of delivery of goods
within 3 weeks of placing the order, it is 6 weeks from the date
of order and you have not yet received them. Write a letter to
your supplier, about the delay and specify a date by which you
wish to get the goods.

      (b)   Write a Reply as the supplier by indicating the
reason for delay in supplying the goods and specify the date of
delivery. (Reply to letter (a)).

12.   What is a circular letter? Draft a circular letter
announcing the opening of a new branch of ‘Sheela Jewellery’
in Madurai City.

                                   2
                                                                   ws11




13. Mehta and Co. write to the Orient Insurance Co. Ltd.,
complaining that their goods were damaged during transit
from London to Mumbai. The company replies that it will take
up the matter with the shippers before the damage to the goods
can be assessed by the company people.
      Draft the letter of Mehta and Co., and also a reply letter
of the insurance company.

14.   What are the various types of Reports?

15. Draft the minutes of the meeting of the Board of
Directors of the Indian Fibre glass Company Private Ltd.,



                       ————————




                               3
                                                                      ws11




DE–3971                                                          12


                      DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

               BASIC FINANCIAL ACCOUNTING

                           (2005 onwards)

Time : Three hours                            Maximum : 100 marks

                     PART A — (5  8 = 40 marks)

                     Answer any FIVE questions.

1.     Explain the main objectives and functions of accounting.

2.     Define a holder and holder in due course.

3.    Explain the concept of joint venture and state its various
features.

4.  From the following particulars prepare a Receipts and
Payments A/c :
      Cash in hand              100    Rent paid               400

      Cash in Bank              500    General expenses        210

      Subscriptions received   3,300   Postage & Stationery    70

      Donation received         260    Sundry expenses         30

      Investment Purchased     1,000   Cash balance at close   20

5.   Distinguish between Current Account and Account
Current.

6.   Explain the term depreciation and state the factors
causing depreciation.
                                   4
                                                                    ws11




7.    What is single entry system? What are the its
limitations?

   9. State the advantages of Maintaining the ledgers under
         Self-Balancing system.

                   PART B — (4  15 = 60 marks)

                   Answer any FOUR questions.

9.   The following balances are extracted from the books of
Kumar and Company on 31.3.2007. You are required to
prepare trading, profit & loss a/c for year ended 31.12.07 and
Balance Sheet as on that date.
                             Rs.                          Rs.

      Stock on April 2006     500      Commission (Cr)     200

      BIR                    2,250     Returns outward     250

      Purchases             55,000     Trade expenses      500

      Wages                  4,000     Cash in hand        750

      Insurance              2,200     Cash at bank       1,500

      Sundry Debtors        24,000     Rent & Taxes        430

      Commission (Dr)        5,250     Sales             88,000

      Stationery              450      BIP                1,400

      Capital                9,800     Creditors          7,000

     The closing stock was valued at Rs. 12,500.

10. Mohan owes Shyam Rs. 4,000. On 1st Jan. 2007. Mohan
accepts a three months bill for Rs. 3,900 in full satisfaction of
the claim. On the same date it was endorsed by Shyam to
Murugan in satisfaction of his claim for Rs. 3,980. The bill is
dishonoured on due date. Give Journal entries in the books of
Shyam.


                                   5
                                                                    ws11




11. Discuss the procedures to be adopted for the preparation
of the Income and Expenditure Account from a given Receipts
& Payments Account.

12. Goods sent on consignment 1,000 kg @ Rs. 10 per kg.
Expenses paid by the consignor – Freight Rs. 500 and
Insurance Rs. 300. 200 kg were destroyed in transit due to an
accident. Claim admitted by the insurance company was for
Rs. 1,500
      The consignee sold 700 kg @ Rs. 20 per kg and incurred
the following expenses. unloading Rs. 200, Godown Rent
Rs. 500 and selling expenses Rs. 300.
      Pass Journal entries relating to loss in transit and unsold
consignment stock in the books of the consignor.

13. On 1st January 2001, Machinery was Purchased for
Rs. 25,000. On 1st June, 2002 additions were made to the
amount of Rs. 5,000. On 1st March, 2003 additions were made
to the amount of Rs. 3,200. On 30 th June 2004, Machinery of
which original value on 1st January 2001 was Rs. 4,000 was
sold for Rs. 3,000. Depreciation is charged at 10% on original
cost. Show the Machinery A/c for the four years 2001 to 2004.

14.   Following information is given to you for April 2008
                                              Rs.

              Debtors on 1st April 2008     2,00,000

              Creditors on 1st April 2008   1,00,000

              Credit sales                  4,00,000
              Credit Purchases              1,90,000
              Cash received from Debtors    2,80,000
              Discount allowed               14,000
              Bad debts written of            7,000
              B/R Received                   15,000


                                 6
                                                                  ws11




                                                   Rs.
              Cash paid to suppliers             1,50,000
              B/P issued                          60,000
              Cash Purchases                       3,000
              Discount received                    4,000
              Cash sales                           2,000

     Prepare in Genral ledger
     (a)    Sales Ledger Adjustment Account
     (b)    Bought Ledger Adjustment Account.

15. Following balances are extracted from the books of
Revivarma, who keeps incomplete records of his transactions.
                                      1.1.2004    31.12.2004
                                        Rs.          Rs.
           Stock                        2,400            3,000
           Debtors                      4,000            3,200
           Creditors                    1,700            3,900
           Cash in hand                 2,000            3,800
           Bank overdraft               2,400         ––
           Furniture & Fittings           800            1,000
           Motor Bike                   9,500            9,500
           Bills Receivable             2,000            4,300

      Drawings during the year amounted to Rs. 2,800.
Depreciate Furniture & Fittings @ 5% and write off Rs. 500 on
Motor Bike. Rs. 100 is irrecoverable and a further provision of
5% for Doubtful Debts are to be Provided. Further, a provision
of Rs. 200 in respect of bills are also to be provided.
     Ascertain the profit or loss for the year ended 31.12.2004
and prepare a statement of airs as on that date.
                      ————————

                                  7
                                                                             ws11




DE–3972                                                            13



                     DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

               PRINCIPLES OF MANAGEMENT

                            (2005 onwards)

Time : Three hours                               Maximum : 100 marks

                  SECTION A — (5 × 8 = 40 marks)

          Answer any FIVE of the following questions.

1.     What    are    the    factors      that   determine   span       of
management?

2.     Explain the advantages of planning.

3.     Define coordination.

4.     Describe    the     relationship     between   authority     and
responsibility.

5.     What   is     the    difference     between    delegation    and
decentralisation?

6.     What is leadership?

7.     What is job analysis?

8.     What is accountability?

                                   8
                                                                  ws11




              SECTION B — (4 × 15 = 60 marks)

         Answer any FOUR of the following questions.

9.    Discuss briefly the steps in the planning process.

10. Define decision making and explain the steps in the
decision making process.

11.   Elucidate the bases of departmentalisation.

12.   Discuss the major barriers to communication.

13.   Explain Vroom's expectancy theory of motivation.

14.   Explain the basic types of control used in organisations.

15.   Discuss the steps in manpower in planning.




                       ————————




                                9
                                                                 ws11




 DE–3973                                                 14


                  DISTANCE EDUCATION

 B.B.A. (Corporate Secretaryship) DEGREE EXAMINATION,
                     DECEMBER 2008.

                       COMPANY LAW

                        (2005 onwards)

Time : Three hours                         Maximum: 100 marks

                 PART A — (5  8 = 40 marks)

                 Answer any FIVE questions.

1.   Explain various types of company.

2.   What is a prospectus? State its contents.

3.   How does a person become a member of a company?

4.   Explain the duties and liabilities of directors.

5.   Describe the essentials of a valid meeting.

6.   Enumerate the powers and duties of liquidator of a
company.

7.   Discuss various kinds of resolutions.

8.   Describe the provisions related to forfeiture and reissue
of shares.

                PART B — (4  15 = 60 marks)
                               10
                                                                 ws11




                 Answer any FOUR questions.

9.  Discuss various occasions on which the corporate veil of a
company is lifted.

10.   Describe various contents of Memorandum of Association.

11. Explain the provisions related to allotment of shares by a
company.

12.   Describe various modes of appointment of directors.

13. What is statutory meeting? Describe the need for holding
statutory meeting.

14. Explain the procedure for voluntary winding up of a
company.

15.   Discuss the characteristics of a company.



                       –––––––––––––––




                              11
                                                                      ws11




DE–3974                                                    15

                     DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                   MANAGERIAL ECONOMICS

                           (2005 onwards)

Time : Three hours                          Maximum : 100 marks

                  SECTION A — (5  8 = 40 marks)

             Answer any FIVE of the following questions.

1.   Distinguish       between     Managerial   Economics       and
Economics.

2.     Explain the Equi-marginal Principle.

3.  State the law of demand with an example. Why does the
demand curve slope downwards?

4.     Explain various types of demand.

5.    What is price elasticity of demand? Explain its various
types.

6.    What are the properties of Cobb-Douglas Production
function?

7.     Explain the characteristics of monopolistic competition.

8.     Write short note on :

       (a)    Cost-plus pricing.

       (b)    Skimming pricing.

                                   12
                                                                ws11




             SECTION B — (4  15 = 60 marks)

        Answer any FOUR of the following questions.

9.    Discuss the role of Managerial Economics in formulation
of business policies.

10. What is an indifference curve? How consumer attains
equilibrium through indifference curves?

11. Describe the various methods of measurement of Price
Elasticity of Demand.

12. Explain the law of returns to scale and its three types
with suitable illustrations and diagrams.

13. Discuss the different cost concepts and its relevance to
managerial decisions of planning and control.

14. What are the features of perfect competition? How price-
output is determined under perfect competition?

15. What is monopoly? How price-output is determined under
monopoly?



                       –––––––––––––




                             13
                                                                 ws11




DE– 3975                                                21
                    DISTANCE EDUCATION
     B.B.A.(C.S) DEGREE EXAMINATION, DECEMBER 2008.
                   SECRETARIAL PRACTICE
                         (2005 onwards)

Time : Three hours                        Maximum : 100 marks

                  PART A — (5  8 = 40 marks)

                   Answer any FIVE questions.

1.  Explain the Secretarial procedure for appointing a
company secretary.

2.    What is a share certificate? State the particulars to be
furnished in the share certificate.

3.    What is meant by transmission of shares? How does it
take place?

4.   What are the consequences of non-registration of
charges?

5.    Explain the provisions of the companies Act, 1956
regarding the requirements for the conduct of AGM of a public
limited company.

6.     Explain

       (a)   unpaid dividend

       (b)   unclaimed dividend

       (c)   Interim dividend.

                                 14
                                                                  ws11




7.   Define managing director: Explain the procedure for
appointment of Managing Director.

8.    What is meant by winding up of companies differentiate
it from defect company?

                PART B — (4  15 = 60 marks)

                Answer any FOUR questions.

9.   Explain the role of a company secretary in the present
scenario.

10. Describe the secretarial procedure for issue of equity
shares.

11. Elucidate the duties of a Company Secretary in
convening AGM of a company.

12. Explain the points to be kept in mind by a company
before declaring dividends to the shareholders. State the
secretarial procedure for declaring dividend.

13. Under what circumstances, a director of a company
removed from his office of directorship? Explain.

14.   Discuss the various modes of winding up of companies.

15. Explain the secretarial procedure for effecting transfer of
shares.




                      ————————




                              15
                                                                     ws11




     DE–3976                                                  22


                    DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                       COMMERCIAL LAW

                          (2005 onwards)

Time : Three hours                             Maximum : 100 marks

                SECTION A — (5  8 = 40 marks)
                   Answer any FIVE questions.

1.     How contracts are discharged by consent?

2.     Explain the classifications of contracts.

3.     What are the rights of surety?

4.     Distinguish between sale and agreement to sell.

5.     What is partnership? State its essential characteristics’.

6.     Briefly explain arbitration in suits.

7.     Write a note on fire insurance and its essentials.

8.     What are the characteristics of a negotiable instrument?

                SECTION B — (4  15 = 60 marks)
                  Answer any FOUR questions.

9.     Discuss the essentials of a valid contract.

10.    What are the duties and rights of Bailor and Bailee?

                                 16
                                                                 ws11




11.   What are the rights of an unpaid seller?

12.   Explain the dissolution of partnership firms.

13.   Explain the rights, duties and liabilities of a carrier.

14.   Describe the fundamental elements of insurance.

15.   Write a note on the following :
      (a)   Crossing of cheques
      (b)   Promissory note.



                        ————————




                                17
                                                                    ws11




 DE–3977                                                   23


                     DISTANCE EDUCATION

     B.B.A (C.S) DEGREE EXAMINATION, DECEMBER 2008.

                     BUSINESS STATISTICS

                           (2005 onwards)

Time : Three hours                           Maximum : 100 marks

                   PART A — (5  8 = 40 marks)

                   Answer any FIVE questions.

          (Out of eight questions, FIVE to be answered)

1.    Define statistics. State the important steps in statistical
investigation.

2.   Marks obtained by students of a class in mathematics are
given below :
 Marks :          25 30 35 40 45 50 55 60 65 70
 No of students : 3   8 12 9        4    7 15 5 10 7
       Calculate arithmetic mean.

3.     Find out the value of mean deviation (from mean) and its
co-efficient from the data given below :
       50, 70, 45, 20, 80, 90, 25, 30, 40, 10.

4.     State diagrammatically the different types of skewness.

5.   What     do you mean by index numbers? State the
problems in the construction of index numbers.

6.     Explain briefly the important measures of secular trend.


                                  18
                                                                             ws11




7.    Compute three                yearly   moving   averages   from   the
following data :
          Year :                    1992 1993 1994 1995 1996 1997
          Sales ( in ‘000 units)     55   47   59  151   79   36
          Year :                    1998 1999 2000 2001 2002
          Sales ( in ‘000 units)     45   72   83   89  102

8.  From the following data of whole sale prices of a certain
commodity construct- index number by chain base method.

 Year : 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
 Price : 750 500 650 600 720 700 690 750 840 800

                     PART B — (4 × 15 = 60 marks)

                Answer any FOUR from the following.

          (Out of Seven questions, FOUR to be answered)

9.      Explain the uses and limitations of statistical methods.

10.     Calculate median from the following data :

     Marks :    0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 80-90
     No of       3     9    10    20    16    18     9     4     1
     students :

11. Calculate standard deviation for the information given
below :
     Height ( in cms) : 157 160 162 164 166 168
     No of students :    4   5    11    6    9     5

12. Calculate Karl Pearson’s co-efficient of correlation from
the following data :

 Income (Rs) :   230 560 490 360 270 480 580 600
 Expenses (Rs) : 200 440 350 250 240 300 420 550

13. What         is time series? Explain the components of time
series.

                                        19
                                                                ws11




14.   Fit a linear trend equation to the following data and
estimate the value of sales for the year 2007.
          Year :         2002 2003 2004 2005 2006
          Sales (Rs) :   100   120   140    160      180

15.   Find out the missing item of the following data by
binomial expansion method.
 Year :                  1995 1996 1997 1998 1999 2000
 Sales ( in tonnes) :     40   49     52         ?   73    89

                         —————————




                               20
                                                                     ws11




     DE–3978                                                  24


                       DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                  ADVANCED ACCOUNTANCY

                            (2005 onwards)

Time : Three hours                           Maximum : 100 marks

                   PART A — (5  8 = 40 marks)

                      Answer any FIVE questions.

1.     Explain the different methods of treating goodwill on the
admission of a new partner.

2.     What do you understand by Garner Vs Murray rule?

3.     Following is the summarised balance sheet of Reckless
Co. Ltd., as at 31st March 1999.

        Liabilities          Rs.           Assets           Rs.

 5000 equity shares                   Net sundry assets   2,02,800

 of Rs. 100 each           5,00,000 Profit & Loss a/c     2,97,200

                           5,00,000                       5,00,000




                                   21
                                                                   ws11




     The company adopts a scheme of reconstruction reducing
all its equity shares of an equal number of fully paid equity
shares of Rs. 40 each. Pass journal entries.

4.    Delhi company incorporated on 1st April 1998, took over
running business from 1st January 1998. The company
prepares its first final accounts on 31st December 1998. From
the following information, you are required to calculate the
sales ratio of pre-incorporation and post-incorporation periods.
      (a) Sales for January, 1998 to December 1998 –
Rs. 4,80,000.
      (b) The sales for the month of January twice of the
average sales ; for the month of February equal to average
sales, sales for four months May to August – 1/4 of the average
of each month ; and sales for October and November three
times the average sales.

5.   What are the salient features of branches keeping full
system of accounting?

6.    Alpha Ltd., purchased a plant from Beta Ltd., on hire
purchase system on Jan 1, 1998 on the following terms and
conditions. According to the terms of agreement, 20% was to be
paid on signing of the contract. The balance was to be paid, in
four equal annual instalments, of Rs. 60,000 each, (inclusive of
interest @ 10%) to be paid at the end of each year. The cash
price of the plant was Rs. 3,00,000. You are required to
calculate interest.

7.   On 25th April 1998, a fire occurred in the premises of a
company. From the various books saved from fire, the following
were ascertained.
     Stock on 1.1.98 – Rs. 93,750


                               22
                                                                             ws11




      Purchase from 1.1.98 to the date of fire – Rs. 3,75,000
      Wages – Rs. 75,000
      Manufacturing expenses – Rs. 37,500.
      Sales from 1.1.98 to the date of fire – Rs. 5,62,500
      The gross profit ratio for the past five years had average
at 15% on sales. The stock salvaged was estimated at
Rs. 28,125. Ascertain the amount of claim to be lodged in case
of the loss of stock insured.

8.    Briefly describe legal provisions regarding remuneration
to directors of a company.

                 PART B — (4 × 15 = 60 marks)

             Answer any FOUR from the following.

9.    Raju and Nagu are partners sharing profits and losses in
the ratio of 5 : 3. Their balance sheet as on 31st March 2000 as
under :

                          Balance Sheet
                        Rs.                                        Rs.

Creditors              8,66,250 Cash                               45,000

Outstanding expenses    90,000 Stock                              3,37,500

Capital                           Prepaid insurance                33,750

      Raju             6,52,500        Debtors         2,11,500

      Nagu             3,37,500        (–) provision     9,000 2,02,500

                                  Machinery                       4,27,500

                                  Buildings                       7,87,500

                                  Furniture                       1,12,500

                                  23
                                                                      ws11




                     19,46,250                            19,46,250

      They decided to admit Somu as a new partner who
introduced Rs. 3,60,000 as capital. The new profit sharing ratio
of partners is 6 : 4 : 3. Following are the changes taken place in
the assets and liabilities.
     (a) Stock to be depreciated at 5%
     (b) Provision for doubtful debts is to be Rs. 11,250
     (c) Furniture to be depreciated at 10%
     (d) Building is valued at Rs. 9,00,000.
     Pass journal entries and prepare Revaluation A/c,
Capital A/c of Partners and Balance Sheet.

10. Explain the various methods of treating goodwill at the
time of retirement of a partner in a firm.

11. Discuss the various methods of redemption of debentures
of a company.

12. P Ltd., carried forward balance of Rs. 20,50,000 in the
profit and loss account for the year ended on 31st March 1994.
During the year 1994-95, it made a profit of Rs. 52,40,000
before charging depreciation and manager's commission.
Depreciation for the year 1994-95 amounted to Rs. 8,40,000
and a commission of 5% on net profit before charging such
commission was to be paid to the manager. It was decided that
following decisions be carried out :
     (a) Transfer Rs. 12,50,000 to the general reserve.
      (b) Transfer Rs. 5,00,000 to the dividend equalisation
reserve.
    (c) Pay the years dividend on Rs. 50,00,000 11%
cumulative preference shares.



                                 24
                                                                   ws11




      (d) Pay 20% dividend on Rs. 60,00,000 equity share
capital.
      (e) Pay Rs. 77,000 dividend on tax free preference shares
(tax rate 23%)
     (f) Transfer Rs. 7,50,000 of debenture redemption fund.
      Prepare the Profit and Loss Appropriation Account for
the year 1994-95.

13. S Ltd., was incorporated on 1st July 1998 and received its
certificate of commencement of the business on 1st August
1998. The company bought the business of M/S Small & Co.,
with effect from 1st March 1998. From the following figures
relating to the year ending March, 1999 find out the profits
available for dividends :
     (a) Sales for the year were Rs. 6,00,000 out of which sales
upto 1st March were Rs. 2,50,000.
     (b) Gross profit for the year was Rs. 1,80,000.
     (c) The expenses debited to profit & loss account were :
                                           Rs.
               Rent                        9,000
               Salaries                   15,000
               Director's fees             4,800
               Interest on debentures      5,000
               Audit fees                  1,500
               Discount on sales           3,600
               Depreciation               24,000
               General expenses            4,800
               Advertising                18,000

                                 25
                                                                ws11




              Stationery & printing         3,600
              Commission on sales           6,000

14. Define amalgamation. What entries are passed by a
company to close its books when it is amalgamated by another
company?

15. From the following details of a businessman who sells
goods of small value at cost plus 50% prepare hire purchase
trading a/c.
                                                        Rs.
 1.1.90   Stock out with the customers at H.P. price    9,000
          Stock at shop at cost price                  18,000
          Instalments due but not received              5,000
 31.12.90 Goods worth Rs. 500 repossessed
          (instalments not due Rs. 2,000)
          Cash received from customers                 60,000
          Purchases made during the year               60,000
          Stock at cost at shop                        20,000
          Instalments due but not received              9,000
          Stock out at H.P. price with customers       30,000




                       ———————




                             26
                                                                  ws11




     DE-3979                                              25

                    DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                     CORPORATE FINANCE

                          (2005 onwards)

Time : Three hours                          Maximum : 100 marks

                  PART A — (5  8 = 40 marks)

                   Answer any FIVE questions.

1.     What is finance function? Explain its scope.

2.     What are the functions of financial controller?

3.     Explain the causes for overcapitalisation.

4.     What are the features of equity shares?

5.     What are debentures? Why are they issued?

6.     What is working capital? Explain its importance.

7.     What is watered capital? State its consequences.

8.     Explain the sources of working capital.

                  PART B — (4  15 = 60 marks)

              Answer any FOUR from the following.

9.     Discuss the classification of finance function.



                                 27
                                                                 ws11




10. What is under capitalisation? Explain the causes and
effects of under capitalisation.

11. What is ‘capital structure’ of a firm? Explain the factors
determining capital structure.

12.   Discuss the determinants of working capital.

13. Explain the advantages and disadvantages of issue of
debentures.

14. Discuss the role of Unit Trust of India in providing
various assistance to corporate sector.

15.   Write short notes on :
      (a) Financial planning
      (b) Optimum capital structure
      (c) Debt financing.



                       ————————




                               28
                                                                    ws11




 DE–3980                                                     31

                    DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                   CAPITAL MARKET LAWS

                         (2005 onwards)

Time : Three hours                        Maximum : 100 marks

                  PART A — (5  8 = 40 marks)

                  Answer any FIVE questions.

1.     Distinguish between primary market and secondary
market.

2.     What is listing of securities? What are the advantages of
listing?

3.     Classify the brokers in a stock exchange.

4.     What is insider trading? How does SEBI prevent it?

5.     What powers are vested with SEBI?

6.     Explain working OTCEI.

7.     What are the reasons for the growing popularity of NSE?

8.     Describe the functions and role of a brokerage firm in the
context of capital market.

                               29
                                                             ws11




                PART B — (4  15 = 60 marks)

                 Answer any FOUR questions.

9.    Explain the functions of New Issue Market.

10.   Explain the listing procedures involved in OTCEI.

11.   Explain the features advantages of NSE.

12. Describe the SEBI guidlines for appointment of share
transfer agents.

13.   Explain the functions of stock exchanges in India.

14. What are various measures undertaken by SEBI to
protect the investors?

15. Explain the powers of central government in regulating
stock exchanges in India.

                       ————————




                               30
                                                                  ws11




 DE–3981                                                  32


                    DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                           TAX LAWS

                         (2005 onwards)

Time : Three hours                        Maximum : 100 marks

                  PART A — (5  8 = 40 marks)

                  Answer any FIVE questions.

1.   Give eight examples of income which are totally exempt
from tax.

2.     Explain agricultural income and non-agricultural income.

3.   What is capital gain? What are its types and differentiate
them.

4.    After serving 33 years and 10 months in Madurai
Chemicals Ltd. Mr. Mani who is covered by payment of
Gratuity Act retires from service on 30.4.2007. He got
Rs. 50,000 ad gratuity. His monthly basic salary at the time of
retirement was Rs. 4,000. Compute the taxable gratuity.

      6. In computing income from business what are the
            provisions relating to the following expenses :
       (a) Deduction in respect of Preliminary Expenses
       (b) Expenses on Scientific research.


                                31
                                                                   ws11




6.    From the following information compute the capital gains
for the assessment year 2008-09.

                                             House I House II
Date of purchase                             May 1977 Dec. 1980
                                               Rs.       Rs.
Cost of acquisition                           1,90,000 2,50,000
Cost of Additional construction in 1980        10,000    25,000
Fair market value on 1st April 1981           1,75,000 3,50,000
Cost of Additional construction in 1994-95     51,800    77,700
Sale Proceeds of property in 2007-08         11,50,000 20,00,000

     Cost inflation Index are : 1981-82 –100; 1994-95 –259;
2007-08 –551.

7.   Mr. P’s investments during the year ended 31st march
2008 consisted of the following

     (a) Rs. 17,500, 10% Govt. Securities

     (b) Rs. 10,000 12% Agra Municipal Bonds.

     (c) Rs. 20,000, 9% Bombay Port Trust Bonds

      (d) Rs. 10,000, 7-Year Post Office National Savings
Certificates

      He paid Rs. 60 as commission for collecting the interest
taxable under the head interest on securities and Rs. 1,200 as
interest on loan which he had taken for the purpose of
purchasing the Bombay port Trust Bonds.

     Find out his income from other sources.



                              32
                                                                   ws11




8.   Shri. Aravind draws a salary of Rs. 25,000 per month. He
owns two houses and their detains are as follows :
                                     House I      House II
     Municipal value                     68,000      45,000
     Fair Rental value                   70,000      60,000
     Actual rent received             NIL(SOP)       75,000
     during the previous yr
     Municipal taxes paid                 8,000        6,000
     Interest on loan (for                6,000        8,000
     construction of a house)
     Interest on loan taken for           5,000       —
     son’s marriage

      The second house remained vacant for 2 months. His
income from other sources amounted to Rs. 50,000. Compute
his total income for the Assessment year 2008-09.

                PART B — (4  15 = 60 marks)
                 Answer any FOUR questions.

9.    State what will be the residential status under the Indian
Income Tax Act of the following persons for the assessments
year 2008-2009 giving reasons for your answer :
      (a) Ramachandra, an Indian citizen, serving in the U.S.A.
since 1980 came to India for the first time after 1980 on 30th
June 2000. He stayed here at stretch for 3 years and left for
Japan on 1st July 2004. He returned to India on 1st April 2005
and remained in India till 31st July 2006 when he went back to
the U.S.A. He permanently, again came to India taking an
employment with an American concern on 31st December 2007.



                                33
                                                                   ws11




      (b) Seeta Ram an individual, a resident of Amritsar, left
India for England for higher studies on 1st August 2004. During
the winter vacations he came to India twice, once on 1st October
2005 and again on 1st October 2006 and stayed in India till the
end of the financial year in each year. During the year ended
31st March 2008 he did not come to India at all.

10. From the following incomes which incomes are assessable
in India if the assessee is :
     (a) Resident
     (b) Not ordinarily resident and
     (c) Non-resident.
         (i)    Income from business in Kolkata, managed in
U.S.A, Rs. 25,000.
          (ii)   Income from pension for services rendered in
India, received in London, Rs. 15,000.
         (iii)   Income from assets in Burma, received in
India, Rs. 10,000.
         (iv)   Profit from business in Sri Lanka, deposited in
a bank there, Rs. 15,000.
         (v)     Income from profession in Kenya received
there. The profession was set-up in India Rs. I 5,000
         (vi)    Interest on U.K. Government securities, half
of which received in India Rs. 5,000

11. Smt. Kumad is principal in a private college at Indore,
She is the grade of Rs. 8,000-400-12,000 since 1st Jan., 2003.
Compute the taxable salary for the assessment year 2008-2009,
on the basis of the following details :


                              34
                                                                   ws11




     (a) Net basic salary after deduction of the contribution to
recognized provident fund Rs. 1,02,400.
      (b) Employer’s contribution to recognized provident fund
is the same as her contribution.
     (c) Dearness allowance under terms of employment is Rs.
24,000 P.a.
     (d) Education allowance for three children Rs. 5,700
      (e) Medical allowance Rs. 8,200, actual expenditure
Rs. 2,000.
     (f) Servant, Sweeper and Watchman at a salary of
Rs. 250 p.m. These servants have been appointed by
Smt. Kumad but their salary is paid by the college.

12. Mr. Sunil is the owner of following house properties in
Shimoga. Particulars in respect of which for the year ended
31.3.2008 are as below :

                                 I house   II house III house
                                   Rs.       Rs.       Rs.
   (a) Actual rent for twelve                       Dwelling
       months                    9,000      1,800    house
   (b) Standard rent             7,000      2,000       –
   (c) Municipal valuation       8,400      1,800    35,600
   (d) Total municipal tax           840     180      3,200
   (e) Municipal tax paid by
       Mr. Sunil                     840     90         –
   (f) Municipal tax paid by
       tenant                        –       90         –



                                35
                                                                      ws11




                                  I house    II house III house
                                    Rs.         Rs.      Rs.
      (g) Repairs                 1,000         500     2,000
      (h) Vacancy period         1 month        –         –
      (i) Interest on loan for
          repairing house             300       600    12,000

     Unrealized rent allowed in the A.Y. 2005-2006 recovered
during the year for the 1st house Rs. 4,000. Compute his income
from house property for the A.Y. 2008-2009.

13. Incomputing income from business what                are    the
provisions relating to the following expenses :
       (a) Expenses on Scientific Research
       (b) Deduction in respect of Preliminary Expenses.

14. Explain term ‘Capital Gains’ used in the Income Tax Act.
What are the rules regarding exemption of Capital Gains?

15.    Discuss the fully tax-free allowances.



                           ————————




                                 36
                                                                 ws11




 DE–3982                                                   33

                    DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                       ECONOMIC LAWS

                          (2005 onwards)

Time : Three hours                         Maximum : 100 marks

                   PART A — (5  8 = 40 marks)

                   Answer any FIVE questions.

           (Out of Eight questions, FIVE to be answered)

1.     Write a short note on the procedure for the grant of
licence?

2.     What are the functions of a development council under
the IDRA, 1951?

3.     State the transactions regulated by Exchange control.

4.     How does the FEMA ensure payment for exported goods?

5.     Explain the restriction trade practice agreements under
MRTP Act.

6. Explain the term Monopolistic trade practices under
MRTP Act, 1969.



                                37
                                                                     ws11




7.  What are the commodities termed as                   essential
commodities under the essential, commodities act?

8.   List out the different authorities under the environment
protection act, 1986.

               PART B — (4  15 = 60 marks)

            Answer any FOUR from the following.

       (Out of Seven questions, FOUR to be answered)

9.    What are the powers of the central government to
investigate scheduled industries under the IDRA, 1951?

10. Discuss the different kinds of accounts that could be
maintained by non-residents in India.

11. Explain ‘unfair trade practice’ as defined in the MRTP
Act, 1969 and the protection available to consumers under the
said act.

12. Discuss    the   constitution   and   powers    of     MRTP
commission.

13. State the powers of central government in issuing the
order under the essential commodities Act, 1955.

14. Enumerate the powers of the central government under
the environment protection act, 1986.

15. Discuss the provisions relating to the licensing of new
industrial undertakings under the IDRA, 1951.

                      ————————




                             38
                                                                     ws11




DE–3983                                                       34


                     DISTANCE EDUCATION

     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                       COST ACCOUNTING

                          (2005 onwards)

Time : Three hours                         Maximum : 100 marks

                    PART A — (5  8 = 40 marks)

                    Answer any FIVE questions.

1.     Explain the scope and objectives of cost accounting.

2.    Calculate prime cost, Factory cost, cost of production, cost
of sales and profit from the following Details.

 Direct materials          Rs. 10,000 Direct Labour      Rs. 4,000

 Direct Expenses              Rs. 500 Factory Expenses Rs.1,500

 Administrative Expenses    Rs. 1,500 Selling Expenses    Rs. 300

 Sales                     Rs. 20,000


3.  Calculate the earnings of a worker under Halsey
Premium plan.
       Time allowed     = 48 Hrs
       Time Taken       = 40 Hrs
       Rate per Hour    = Rs. 10.


                                39
                                                                  ws11




4.   State the indue of expenses.

5.   Bring out the Distinction between Job costing and
process costing.

6.   From the following data calculate Material Usage
Variance. (MUV)

     Standard – 20 kg at Rs. 5.50 per kg

     Actual     – 25 kg at Rs. 6 per kg

7.   Differentiate between standard cost and Estimated Cost.

8.   What are the Advantages of Integral Accounting?

                PART B — (4  15 = 60 marks)

Answer any FOUR of the following out of Seven questions, four
                     to be answered.

9.   Explain with Examples Functional classification of cost.

10. Standard time allotted for a Job is 20 hrs and the rate per
hour is Rs. 2 plus a dearness allowance @ 50 paise per hour
worked.
     The actual time taken by a worker is 15 hrs calculate the
earnings under

     (a) Time system

     (b) Piece wage system

     (c) Halsey plan

     (d) Rowan Scheme.


                              40
                                                                                                 ws11




11.     Amit company has five departments ; P, N, R, S are
producing departments, and T is a service department. The
actual costs for a period are as follows

                              Rs.                                             Rs.

          Repairs            2,000           Rent                            2,500

          Depreciation       1,200           Supervision                     4,000

          Insurance          1,500           Employer’s liability of

          Light              1,800            employees Insurance                 600


            The following Data are also available in respect of the
five Departments

                               Dept             Dept        Dept       Dept        Dept

                                    P              N          R          S              T

      Area Sq.f                     140             120       110            90          40

      No. of Workers                    25             20         10         10              5

      Total Wages (Rs.)       10,000            8,000        5,000      5,000      2,000

      Value of plant (Rs.)    20,000           18,000       16,000     10,000      6,000

      Value of stock (Rs.)    15,000           10,000        5,000      2,000           ––


            Apportion the costs to the view various departments
on the equitable basic.




                                              41
                                                                             ws11




12. From the following figures show the cost of the three
process of manufacture. The production of each process is
passed on to the next process immediately on completion.

                                    Process A Process B Process C

                                        Rs.            Rs.            Rs.

   Wages and materials                  30,400         12,000       29,250

   Work overheads                         5,600         5,250        6,000

   Production in units                  36,000         37,500       48,000

   Stock (Units from

    preceding process) 1st July         ––              4,000       16,500

   Stock (Units from

    preceding process) 31st July        ––              1,000        5,500


13. From the budgeted and actual sales for July in respect of
three products given below, you are required to calculate sales
varience.

                         Budgeted                     Actual

        Product     Units   Sales price       Units    Sales price

                               Rs.                           Rs.

           X        5000       5.00           5000           5.00

           Y        4000       6.00           6000           6.25

            Z       3000       7.00           4000           6.75

                  12000                      15000




                                   42
                                                                        ws11




14.   From the following particulars calculate

      (a) Total material cost varience

      (b) Material price varience

      (c) Material usage varience

                            Standard          Actual

                Material   Units   Price    Units   Price

                                    Rs.             Rs.

                    A      2,020    2       2,160   2.40

                    B       820     3        760    3.60

                    C       700     4        760    3.80


15. From the following P&L A/c and Additional information
given. Prepare

      (a) A cost sheet
      (b) Reconciliation statement.
                              P&L A/c

 To opening stock                           By Sales         1,85,000

 (material)                         8,000 By closing stock

 To Purchases                      52,000    (materials)      15,000

 To Wages                          28,000

 To Factory Expenses               12,000




                                   43
                                                              ws11




 To Administrative Expenses       10,000

 To Selling & Distribution Exp    14,000

 To Patents (Written off)          6,000

 To Net profit c/d                70,000

                                 2,00,000         2,00,000


      In costing, opening material were shown at Rs. 7,000.
The factory overheads were absorbed at Rs. 14,000,
Administration overheads charges 10% of works cost and
selling overhead was 10% of sales.



                        ————————




                                 44
                                                                   ws11




DE–3984                                                    35

                    DISTANCE EDUCATION


     B.B.A. (CS) DEGREE EXAMINATION, DECEMBER 2008.

                     FINANCIAL SERVICES

                         (2005 onwards)

Time : Three hours                        Maximum : 100 marks

                  PART A — (5 × 8 = 40 marks)

                  Answer any FIVE questions.

                All questions carry equal marks.

1.     Explain the need for financial innovation.

2.   What do you understand by financial services? Briefly
explain them.

3.     What are the features of hire purchase financing?

4.     Explain the different types of mutual funds.

5.     What is factoring? What are its main features?

6.     Explain portfolio management with example.

7.     What is venture capital? Give example.

8.  Explain briefly the different credit rating services of such
companies.


                                45
                                                              ws11




               PART B — (4  15 = 60 marks)

               Answer any FOUR questions.

              All questions carry equal marks.

9.  Analyse the strengths and weaknesses of finance
companies.

10. What is leasing? Explain various types of leasing with
examples.

11. What regulations are applicable for mutual funds?
Explain them.

12. What do you mean by Securitization? What are the
salient features of Securitization Act?

13. Explain in detail the services rendered by merchant
banks.

14. What are the guidelines prescribed for Credit Rating
Agency Services in India?

15. Explain the fund-based financial services of commercial
banks.

                     ————————




                            46

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:5
posted:6/23/2011
language:English
pages:46