PRACTICE QUESTIONS COMPANY ACCOUNTS. BBA-II Sem. Long type Questions

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1 PRACTICE QUESTIONS COMPANY ACCOUNTS BBA-II Sem Long type Questions 1. What do you mean by over-subscription and under-subscription? What options are available to deal with the excess money received on over subscription? 2. A company offered shares of Rs. 10 each to the public payable as follows: on Application Rs. 3, on Allotment Rs. 2, on First call Rs. 3, on Second call Rs. 2. Public applied for shares and the applicants of shares were allotted on pro rata basis,. Remaining applicants were rejected. Mr. A, holding 800 shares did not pay the amount due on allotment and his shares were forfeited after the allotment. First call was then made. Forfeited shares were reissued at Rs. 9 per share, Rs. 8 called-up. Pass journal entries and prepare the cash book. 3. What do you mean by buy back of shares? Show accounting treatment for buy back of shares. 4. What is purchase consideration? State how it is calculated? Also pass journal entries in the books of Purchasing company in case of Acquisition of Business? 5. How are profits prior to incorporation ascertained and how are these profits dealt with? 6. Journalize: A debenture of Rs issued at par, redeemed at par. A debenture of Rs issued at 10% premium, redeemed at par. A debenture of Rs issued at 10% discount, redeemed at par. A debenture of Rs issued at par, redeemed at 10% premium. A debenture of Rs issued at 10% discount, redeemed at 10% premium. 7. What are the various methods for the redemption of debentures? 8. Write a short note on: Underwriting. Firm Underwriting. Underwriting Commission. Marked Applications. Sub-Underwriting. Unmarked Applications. 9. Prepare the Profit & Loss Appropriation A/c from the following information: X Ltd. Has the balance in Profit & Loss A/c Rs and made the further profits of Rs in current year. Provision for Taxation Rs

2 Dividend Equalization Account Rs Transfer of General Reserve Rs Pay Dividend on Equity Shares Rs Capitalization of Rs from General Reserve for the issue of Bonus Shares. Provide C.D.T 15% plus 5% Surcharge plus 3% Education cess. 10. Write short note: Accounting Standard 4 Accounting Standard 15 Accounting Standard 17 Accounting Standard What do you understand by Liquidator s Final Statement of Account? When it is prepared and how? Explain with imaginary figures the Liquidator s Final Statement of Accounts. 12. From the following information, find out the Goodwill according to Super Profit method assuming five years purchase: Actual Average Profit Rs Average Capital Employed Rs. 10, 00,000. Normal Rate of Return 12%. 13. What do you understand by valuation of shares? 14. Explain the factors which affect the valuation of Goodwill. Discuss the methods for goodwill valuation. 15. Following information is supplied to you: Equity share capital: Equity shares of Rs. 10 each fully paid. 1000, 12% Preference shares of Rs. 100 each fully paid. Reserves and Surplus Rs External Liabilities: Creditors Rs , Bills Payable Rs The average normal profits (after taxation) earned during the year by the company Rs Assets of the company include one fictitious assets of Rs The fair or normal rate of return in this type of business is 10%. Calculate the fair value of share.

3 Short type Questions 1. Differentiate between Intrinsic value and Market Value of shares. 2. State the factors which influence the valuation of shares. 3. What factors are considered for valuation of goodwill? 4. What are Super Profits? 5. What do you mean by Compulsory Winding up? 6. Differentiate between Solvency and Liquidation. 7. Explain the meaning of Liquidator s Remuneration. 8. What are the modes of liquidation? 9. Explain in detail the provisions of Accounting Standard Write a short note on Divisible Profits. 11. Differentiate between Reserves & Provisions. 12. What do you mean by Corporate Dividend Tax (C.D.T) 13. Explain sub-underwriting with example. 14. What is firm underwriting? 15. Write a short note on: Purchase of own Debentures. Sinking Fund. 16. Describe the various methods of redemption of debentures. 17. Distinguish between share holders & debenture holders. 18. Why and how are pre and post incorporation profits calculated? 19. What is purchase consideration? 20. Explain the concepts of alteration of share capital. 21. Explain in brief: Minimum Subscription. 22. Distinguish between: Reserve Capital & Capital Reserve. 23. Write a note on Under Subscription & Over Subscription. 24. Difference between Authorized Capital & Paid-up Capital. 25. Differentiate between Equity Shares % Preference Shares.

4 PRACTICE QUESTIONS BUSINESS STATISTICS BBA-II Sem UNIT I Long Questions for practice : Q.1. What is statistics and discuss its functions and limitations? Q.2. Q.3. Q.4. (i) (ii) (iii) Define statistics as a subject, also bring out its stope. Statistics are numerical statements of face in any department of enquiry and placed in relation to each other. Comment and discuss the characteristics of statistics. Discuss the difference b/w Primary data & Secondary data Classification and tabulation Questionnaire and schedule Q.5. What is frequency distribution? What are the problems in its construction? Q.6. What is a statistical table? state its components. What consideration should govern franking a table. Also describe various types of tables. Q.1. UNIT II The mean marks of 100 students were found to be 40. Later on it was discovered that a store of 53 was missed as 83. Find the correct mean. Q.2. Find median Q 1, Q 3, D 6 and P 70. Marks less than No. of Students Q.3. The frequency distribution of marks obtained by 60 students of a class is given below :

5 Marks No. of Students Q.4. (i) Draw a histogram for the distribution and find the modal values (ii) Draw a commutative frequency curve and find the marks limits of the middle 50% students. Find X, M,, GM, HM for the following data. Marks No. of Students Q.5. Calculate Quartile deviation, coff of quartile deviation and also calculate the S.D., range of marks obtained by middle 50% of the students for data. Marks No. of Students Q.6. Calculate coff of skewness from the data by Bowley s method. Class F UNIT III Q.1. What is correlation? and What do you understand by degree of correlation? Q.2. Q.3. Q.4. What is a station diagram? Discuss with the help of one example. What is correlation graph? Draw a correlation graph by taking a hypothetical example. Calculate Kart Pearson s Coefficient of correlation b/w age group and mortality rate from the data. Age Group Rate of Mortality

6 Q.5. What is regression? Find the equation of regression lines Y on X and X on Y by least square method. X Y UNIT IV Q.1. Q.2. What are index numbers? Discuss the types of index numbers. Find price and quantity index for the data using following methods. (i) Laspeyre s Method. (ii) Paasche s Method. (iii) Fisher s Method. (iv) Dorbish and Bowley s Method (v) Harshall Edgewoth Method. Q.3. Q.4. Commodity Base Year Current Year Price Quantity Price Quantity A B C D What are the tests for Adequacy of index number formulas. What is a time series? What are its components? Draw relationship b/w them using a graph. Q.5. Fit a linear method trend by least square method for the following data : Year Production Also (i) (ii) (iii) Estimate the values for year 1987 and By assuming 1983 as the year of origin. How would you shift the year origin to 1979 in the above problem. Convert annual trend Eq us into monthly and quarterly trend equation. Q.6. Calculate linear and compound growth rate for the following data : Year Production

7 PRACTICE QUESTIONS ORGANISATION BEHAVIOR BBA II Long Questions Q1 Discuss the meaning & Scope of OB.What are the factors led to the growth & emergence of OB? Q2. Write a note on Emerging trends & Changing profiles of workforce? Q3. Define personality. Discuss the various traits of personality? Q4. Discuss the concept & types of values. What are the sources of value? Q5. What do you mean by perception? Explain the implications & Process of perception? Q6. Define Learning. Discuss the various theories of learning? Q7. Critically examine the contribution of Maslow, Herzberg & McGregor towards the theory of motivation. Q8. Differentiate between formal & informal networks of communication. Q9. Define Group. Why do people join group? Q10. Briefly explain the stages in team development? Q11. What do you mean by OD? Explain OD interventions techniques? Q12. What is meant by organization culture? What are its major characteristics? Q13. What is organization? Describe line & staff organization? Q14. Define stress. Describe in detail the causes of stress at workplace. Q15. What is meant by negotiation? Discuss its types & process.

8 SHORT QUESTIONS Q1 Define organisation behaviour? Q2 Name the contributing disciplines to OB? Q3. What is meant by scientific management? Q4 Define autocratic model? Q5 what is personality? Q6 name the various determinants of personality? Q7 what are main sources of attitude? Q8 what are the types of values? Q9 What do you mean by perception? Q10 Explain perceptual selectivity? Q11. Define learning? Q12. What do you mean by reinforcement? Q13 define the term motivation? Q14. What is rumour? Q15 Write any two significance of communication? Q16. What is meant by group norms? Q17. What do you mean by group dynamics? Q18. Define group? Q19. Explain the concept of work team? Q20. What do you mean by quality circle? Q21 What is meant by quality circle? Q22. What do you mean by negotiation? Q23 define power?

9 Q24 what is organizational politics? Q25 Explain the concept of span of control? Q26 What is meant by change? Q27 define organizational development? Q28 Explain sensitivity training?

10 PRACTICE QUESTIONS COMPUTER APPLICATIONS IN MANAGEMENT BBA-II LONG QUESTIONS Q1.Define Computer. What are its characteristics of Computers and what are different generations of Computers? Q.2What is networking. Why do we need Networking? Q.3 What are different hardware and software requirements of Networking? Q.4 What is a Virus. What are different types of Viruses? Q.5what is a Firewall. What is different type of Firewalls? Q.6 What is Information Technology. Also explain WWW and Search Engine? Q.7 What is a Web Browser. What are different web Browsers? Q.8?What is a Search engine. How do they work? Give examples of Search Engines. Q.9What is Internet and what are different applications of Internet. Q.10 What is Data, Information and differentiate between data and Information. What are the characteristics of good Information? Q.11 What are different Information Systems. Explain in detail. Q.12What is an Expert System and Executive Information System. Q. 13What is Multimedia. What are different components of Multimedia. Q.14What is different applications of Multimedia. Q.15 What is Information. What are different levels of Information? Q.16. Explain applications of Multimedia in Marketing and Advertisement. Q.17Explain History and Classification of Computers. Q.18What are different types of Network Connections. Q.19 what is Topology. What are different types of Topologies. Q.20 Compare Routers and Bridges.

11 SHORT QUESTIONS UNIT I Q.1 What do you mean by I P O Cycle. Q.2 What are the limitations of Computer. Q.3 What are the five basic operations performed by Computer. Q.4 Define Auxiliary Memory/Secondary Memory. Q.5 Classify the Computer according to capacity performance. Q.6 Differenciate b/w Hardware & Software. Q.7 What are the on line & off line Input devices. Q.8 What are the types of mouse. Q.9 Explain the classification of monitors based on colour. Q.10 Define Plotter. What are its types. Q.11 Why we call OS as resource Manager. Q.12 Define Single user & multi user OS. Q.13 What are the services provided by OS. Q.14 Write the classification of OS UNIT II Q.15 Define WAN. What are its types. Q.16 Define Mesh(Fully connected) Topology. Q.17 Define Router. Q.18 Define Gateway. Q.19 What are the type of Network Connection. Q.20 What are the disadvantages of wireless Network. Q.21 What are the types of Virus. Q.22 Define Firewall. Write its working. Q.23 What are the types of Firewall. Q.24 what are the Benefits & Limitations of Firewalls. Q.25 Define Packet filtering firewall Q.26 What are the three parts of Virus. Q.27 What are the common symptoms of Computer virus infection. UNIT III Q.28 What are the +ve & ve impact of Computer. Q.29 What are the applications of Computer in Bank. Q.30 What are the applications of Computer in Ticket reservation. Q.31 Define Internet. Write its requirements. Q.32 What are the disadvantages of Internet. Q.33 Define FTP.

12 Q.34 Define Telnet. Q.35 Define Video conferencing. Q.36 What are the Limitations of E mail. Q.37 Explain the role of Computer in Healthcare. Q.38 Write short note on newsgroup. Q.39 Define Internet chat. UNIT IV Q.40 Define Multimedia. Q.41 What do you mean by CD ROM. Q.42 What are the softwares used for multimedia creation. Q.43 What are the applications of Multimedia in advertising Q.44 What are the applications of multimedia in Marketing. Q.45 What are the major Hardware components of multimedia Computer. Q.46 What are the components for Multimedia. Q.47 What are the multimedia authoring tools. Q.48 What are the advantages of multimedia. Q.49 What are the applications of multimedia in Entertainment. Q.50 What are the Web applications of Multimedia.

13 PRACTICE QUESTIONS PRINCIPLES OF MANAGEMENT BBA-II LONG QUESTIONS Q1: What is Management?Explain the management process. Q2: Explain in detail the various functions which constitute the process of Management Q3: Write short notes on: a. Various Managerial Roles b. Role of a Manager Q4: What are the different approaches to Management. Explain contingency approach. Q5: Describe Classical Approach to the study of management. What are its uses and limitations. Q6: Write short notes on the following- a. System Approach Management b. Contingency Approach to Management c. Human Relations Approach to management Q7: Discuss the emerging horizons of Management in the changing business environment. Q8: Explain the concept of Planning. What is the nature of Planning Q9: Planning is looking ahead. Discuss. Q10: Describe various steps in Planning process. Q11: What do you mean by Management by Objectives? What are the different steps invoved in it? Q12: What do you understand by group decision making? Explain various forms of group decision making. Q13: Define Organising and discuss various steps in the process of Organising? Q14: What do you mean by Departmentation?Explain the factors affecting the choice of type of Departmentation.

14 Q15: What is meant by delegation of authority? Explain its principles. Distinguish between delegation and decentralization of authority. Q16: Compare Line,Functional and Line Staff Organisation. Q 17. Good leadership is an integral part of effective direction. Ellucidate. Q18. What do you mean by controlling? Explain its importance. Discuss the different steps in the process of control. SHORT QUESTIONS Q1. What is management? Q2. Management is the key to economic development. Explain the statement. Q3. What do you understand by managerial skills. Q4.What are managerial roles. Q5. What do you understand by Bureaucratic Management. Q6. Describe the System Approach to management. Q7. Comment on the Contingency Approach to Management. Q8. Define the term Planning. Q9. Explain in brief steps involved in Planning process. Q10. What do you mean by Srategic & Tactical Planning. Q11. What do you mean by Standing plans. Q12. What is the importance of objectives in management. Q13. What are Policies? Q14. How do policies differ from rules. Q15. What is Procedure? Q16. Distinguish between procedure & policy?

15 Q17. What is meant by Rule? Q18. What is the difference between rule & procedure? Q19. What is MBO? Q20. Explain the process of MBO? Q21. What do you understand by Decision Making? Q22. What are the various techniques of Decision Making? Q23. What are the Goal Setting? Q24. What is Organizing? Q25. Explain organizing as a process. Q26. What is meant by line & staff organization? Q27. Define Functional Foremanship. Q28. Explain organization as a structure of relationship. Q29. What is meant by organizing? Q30. What is Departmentation. Q31. What do you understand by Departmentation on the basis of Matrix? Q32. What do you mean by Delegation of Authority. Q33. Differentiate between Authority & Responsibility. Q34.Explain the term Coordination. Q35.What is Directing. Q36. Clarify the difference between Managing & Directing. Q37. Define Leadership? Q38. What is meant by Controlling. Q39. Explain Principle of Exception. Q40. What are the main elements of an effective controlling system. Q41. What do you understand by Budgetary Control.

16 Q42. What do you mean by Budget. Q43. What is Programme Network Analysis. Q44. How are PERT & CPM network developed. Q45. What is Responsibility Accounting. Q46. Explain Master Budget. Q47.What is MIS? Q48. What is social Audit. Q49. What is meant by Management Audit. Q50. What are controlling Techniques.

17 PRACTICE QUESTIONS MACRO ECONOMICS BBA-II Sem 1. What is macro economics? Explain the nature and scope of macro economics. 2. Define national income. Discuss its various concepts and explain the methods of estimating national income. 3. What is macro economic equilibrium? Show possibility of equilibrium at less than full employment,full employment and more than full employment. What is its importance. 4. What are trade cycles? Explain its various phases and methods to control the trade cycles. 5. What is consumption function or propensity to consume? What are its types and explain the factors on which propensity to consume depends. 6. Explain keyne s theory of income determination. 7. What is multiplier? How it is related with MPC. Explain various leakages of multiplier. 8. Define tax. What are the qualities of good taxation and merits and demerits of direct and indirect taxes? 9. Difference between incidence, impact and shifting of a tax. What are the factors on which shifting of tax depends. 10. What are public debts? Compare public and private debts. What are classification, importance, and methods of repayment of public debts. 11. What is central bank? Compare central bank with commercial banks. what are its functions particularly credit control. 12. What is credit creation? How the commercial banks create credit. What are limitations on commercial banks to create credit? 13. What is monetary policy? What are its objectives and instruments. 14. What is inflation? What are its types and causes? Explain various methods to control inflation.