Assignment Questions for M.Com. Part I (Sem. II) Mar./Apr. 2016

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1 Assignment Questions for M.Com. Part I (Sem. II) 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. II) Distance mode Fresh and 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) Last Date for Assignment Submission:- 31 st Mar. 2016

2 M.Com. Part I (Sem. II) 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. II) 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. II) Assignment Questions ote : 1. All questions carry equal marks. 2. Attempt Any Two for all Papers. Sub. : Management Concepts and Organizational Behavior Paper II (Organizational Behavior) Q.1 Briefly discuss all foundations of Individual behavior learning. Q.2 Discuss ethical issues in Organizational behavior. a. Organizational culture b. Stress Management Sub. : Managerial Economics Paper II Q.1 Define monopolistic competition and its characteristics/features. Q.2 Discuss factors causing inflation. a. Cob Web Theory b. Cost plus pricing Sub. : (Group a) Advanced Accountancy Paper III Q.1 State the meaning and objectives of Human Resource Accounting. Q.2 The following are the balance sheet of M/s A & B and M/s C & D as on on which date they decided to amalgamated their business. Liabilities M & O & P Assets M & O & P Capitals : A B C D Reserve Fund 30,000 15, ,000 22,500 22,500 - Building Furniture Investment Stock Debtors Cash 13,500 18,000 6,000 12,000 24,000 1,500 15,000 4,500-22,500,500 4,500 Trade Creditors 21,000 12,000 75,000 57,000 75,000 57,000

4 A and B were sharing profits and losses in the ratio of 3:2 while C and D were equal partners. The terms of amalgamation were as under: i) The new firm was to take over all the assets and liabilities of both the firms. ii) The assets of A & B were valued as under: Building Rs. 15,000, Stock Rs. 9,000, Debtors Rs. 22,500, Furniture and Investments at book values and goodwill Rs. 7,500 iii) The assets of C & D were valued as under: Building Rs. 18,000, Furniture Rs. 6,750, Stock Rs. 21,000, Debtors Rs. 9,750 and Goodwill Rs. 9,000. iv) The new profit sharing ratio of A, B, C & D was 4:3:2:1 Pass the closing entries and show the necessary accounts in the books of both the old firms and also pass the opening entries in the books of the new firm and prepare the amalgamated balance sheet. a. Distinguish between Finance lease and operating lease. b. Purchase Consideration. Sub. : (Group a) Advanced Accountancy Paper IV (Taxation) Q.1 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. Q.2 Explain the concept of E-filing of Returns and E-payments of Taxes? a. VAT b. Service Tax Sub. : (Group b) Advanced Costing Paper III Q.1 Explain differential cost and opportunity cost concepts in decision making.

5 Q.2 The sales and profits during two years were: Year Sales Profit ,00,000 2,00, ,00,000 2,50,000 Fixed cost is Rs. 1, 75,000 p.a. You are required to calculate: a) BEP (Break-even point) b) P/V ratio c) The profit when sales are 25,00,000 d) Sales required to earn profit of Rs. 4,00,000. a. Classification of Reports b. Cost Control and Cost Reduction Sub. : (Group b) Advanced Costing Paper IV Q.1 Define Cost Audit and Distinguish management audit with cost audit. Q.2 Accurate Processors Ltd. produce a product X of which standard material cost is: 40% of material Rs. 4,000 per m.ton. 60% of material Rs. 6,000 per m.ton. A standard loss of % is expected in production during the month, 171 m.tons of X were produced from the use of 90 m.tons of material Rs. 3,600 per m.ton and 1 m.tons of material Rs. 6,800 per m.ton. Calculate the following material variances: a) Material price variances b) Material mix variances c) Material yield variances d) Material cost variances. a. Activity based cost sheet b. Uniform Costing

6 Sub. : (Group c) Taxation Paper III (Income Tax) Q.1 Discuss in detail assessment procedure of advance tax under Income Tax Act. Q.2 Practical Problem on AOP company. From following information compute total income Opening stock 40,000 Sales 4,00,000 Purchases 2,50,000 Closing Stock 50,000 Salaries 60,000 Rent from buildings 40,000 Travelling expenditure,000 Legal charges 5,000 Miscellaneous expenditure 6,000 Office rent 12,000 Advertisement 7,000 Municipal Taxes 4,000 Repairs 2,000 Fire insurance 1,000 Bad Debts 2500 Bad Debts reserve 45,000 Provision for tax 4,000 Donations 8,000 Depreciation 30,000 Net Profit 4,90,000 4,90,000 Adjustments : 1. Depreciation admissible as per IT Rules Rs Legal expenditure include Rs. 00 being penalty for violating foreign expenditure. 3. Advt. expenditure include Rs paid for calendars and diaries. 4. Municipal taxes paid and repairs and fire insurance related to building let out. 5. Donations were paid to the Prime Ministers. Drought Relief Fund. a. TDS b. Authorities under Income Tax Act

7 Sub. : (Group c) Taxation Paper IV (Income Tax) Q.1 Discuss internal payable and receivable under IT Act. Q.2 Practical Problem on Co-op. society / Trust. From following particulars of income calculate Total Income. a. Income from processing the agricultural produce Rs. 40,000 b. Income from marketing the agricultural produce Rs. 8,000 c. Income from agency business Rs. 72,000 d. Income from letting of godowns Rs. 20,000 e. Dividend from other co-operative society Rs. 5,000 f. Interest on Government securities Rs. 14,000 a. Relief u/s 89 b. Charitable Trusts Sub. : (Group d) Advanced Banking and Financial System Paper - III (Law and Practice of Banking in India) Q.1 Describe the major provisions under Sale and Goods Act Q.2 Explain the salient features of Foreign Exchange Management Act (FEMA), a. Narsimhan Committee Report b. Export regulations under FEMA, Sub. : (Group d) Advanced Banking and Financial System Paper - IV (Bank Management) Q.1 Discuss the steps involved in establishment of ATM. Q.2 State the importance of marketing for Indian Banks.

8 a. Internet Banking b. NSE (National Stock Exchange) Sub. : (Group e) Cooperation and Rural Development Paper III (Principles of Cooperation) Q.1 What are the objectives and functions of NABARD? Q.2 What are the problems service cooperatives? Suggest remedies. a. Problems of long term agricultural credit b. PACCS Sub. : (Group e) Cooperation and Rural Development Paper IV (Rural Economy of India) Q.1 What are the recommendations of C. Rangrajan Committee in relation to the Sugar Cooperative? Q.2 State the problems and present position of SHGs. a. Women cooperatives and rural development b. I.R.D.P. Sub. : (Group f) Business Administration Paper III (Introduction to Business Administration) Q.1 State the concept and importance of Restructuring of Business. Q.2 What is the difference between American, Japanese and Indian Management? a. Turnaround Management b. Structure of Corporate Governance

9 Sub. : (Group f) Business Administration Paper IV (Functional Areas of Management: Marketing and Finance) Q.1 Explain the factors affecting Consumer Behaviour. Q.2 Discuss the functions of Financial Management. a. Difference between Selling and Marketing b. Credit Rating Sub. : (Group g) Secretarial Practice Paper III Q.1 Define company. What are the characteristics of company? Q.2 What are the sources of finance for a company? a. Forfeiture of shares b. Interim dividend Sub. : (Group g) Secretarial Practice Paper IV Q.1 Explain the importance of Agenda of the meeting. Q.2 As a company secretary, prepare minutes of Annual General Meeting of AdWorks Ltd. on Any Two a. Notice of Meeting b. Filing of Returns Sub. : (Group h) Small Business and Entrepreneurship Management Paper III (Entrepreneurship Management) Q.1 Explain the steps to face global challenges for entrepreneurs. Q.2 Describe the limitations of women entrepreneurship.

10 a. Ethical issues in SMEs b. JRD Tata Sub. : (Group h) Small Business and Entrepreneurship Management Paper IV (Management of Small Business) Q.1 Explain the problems and prospects of MSMEs. Q.2 Describe the marketing policies adopted by MSMEs. a. Entrepreneurial Traits b. Career Dilemma Sub. : (Group i) Organized Markets and Transportation Paper III (Organized Markets) Q.1 What is market segmentation? Explain the Types of market Segmentation. Q.2 What are the problems of stock markets in India? a. Organized Markets in India b. Commodity Markets Sub. : (Group i) Organized Markets and Transportation Paper IV (Transportation) Q.1 Elaborate the present position of road transport. Q.2 What are the problems of Indian Railways? a. Limitations of water transport b. Performance of private airlines in India

11 Sub. : (Group j) Insurance Paper III (Fundamentals of Insurance) Q.1 Briefly discuss the reasons for privatization of Insurance Industry in India and its implications. Q.2 Explain essential features of Life Insurance Act, a. Insurance Marketing b. Functions and duties of IRDA Sub. : (Group j) Insurance Paper IV (Principles & Practice of Life & Health Insurance) Q.1 Explain definition and types of Mortality Table. Q.2 Define meaning and types of Bonus. a. Surrender value b. Personal Accident Insurance Sub. : (Group k) Advanced Statistics Paper III (Operations Research) Q.1 Solve the following linear programming problem. Max. z = -2 - Subject to, 3 + = and, 0

12 Q.2 Solve the assignment problem given in the following matrix. a b c d e f A B C D E F a. Transportation Problem and the mathematical formulation of Transportation Problem. b. Degenerate and non-degenerate basic feasible solution. Sub. : (Group k) Advanced Statistics Paper IV (Sampling Techniques) Q.1 Explain the concept of sampling error and write note on advantages of Sampling over the census method. Q.2 Explain systematic sampling with example and state its advantages and limitations. a. Simple random sampling with and without replacement b. Stratified Random Sampling

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