Assignment Paper (Semester -1 st ) Course Code: MS- Course Title : Accounting and Finance for Managers Coverage: All Blocks Q.1 What are the Generally Accepted Accounting Principles? Explain Any Five of them in brief. Q.2 Define Cost Accounting. Discuss its objectives. It is generally said that money spent on cost accounting is a waste. Is it true? Explain. Q.3 Journalise the following transactions, post them into ledger Dec.18 Particulars 1 Mr. Mohan commenced business with cash Rs. 100000/- 2 He purchased goods worth Rs. 50000 from Kapil. 3 He purchased furniture for Rs. 10000 from Mr Kailash for cash. 4 He pays Kailash Rs. 9800 in full settlement of his account. 5 Opened a bank account with State bank of Indore Rs. 15000 10 He pays Rs. 30000 to Mr. Kapil. 15 Cash Sales Rs. 35000 18 He sells goods to Mr. Pankaj on credit Rs. 4000 30 Paid salary in cash Rs. 5000 and Rent Rs. 4000. 31 Withdrew cash from bank Rs. 4000 for office use, Rs.2000 for personal use. Q.4 Prepare a Trial Balance, Trading and profit and loss account for the Year ending on 31.12.2018 and a Balance Sheet as on that date from the following information. Particulars Amount Capital Account 60000 Plant & Machinery 18000 Depreciation on Plant & Machinery 2000 Repairs to Plant 1600 Wages 28000 Salaries 4000
Income Tax 500 Cash in hand 2000 Furniture 24500 Depreciation on Motor Car 2500 Purchases less Returns ( Adjusted ) 93500 Sales 249000 Bank Overdraft 13800 Accrued Income 1500 Salaries Outstanding 2000 Bills Receivable 30000 Bills Payable 3000 Provision for bad debts 6000 Bad Debts 1000 Discount on Debtors 4000 Sundry Debtors 35000 Sundry Creditors 23300 Stock as on 1/1/2018 37000 Motor Car 50000 Stock as on 31/12/2018 30000 Additional Information :- Write off Rs. 3000 from Debtors as Bad debts and made a provision of 5% on Sundry Debtors for Bad Debts. Q.5 The following particulars have been extracted from the books of X limited Particulars Amount Stock of Raw Material as on 01.04.2017 47000 Stock of Raw Material as on 31.03.2018 50000 Materials purchased 208000 Office Salaries 9600 Salary production supervisor 14000 Carriage Inwards 8200 Carriage Outwards 5100 Cash Discount Allowed 3400 Bad Debts Written off 4700 Repairs to Plant & Machinery 10600
Rent Rates - Factory 3000 Rent Rates - Office 1600 Travelling Expenses 3100 Travelling Commission 8400 Production Wages 140000 Depreciation - Plant & Machinery 7100 Depreciation - Office Furniture 600 Director"s Fees 6000 Gas & Water - Factory 1500 Gas & Water - Office 300 General Charges 5000 Manager's Salary 12000 Out of 48 Working hours in a week, the time devoted by the manager to the factory and to the office was on average 40 Hours and 8 Hours respectively, throughout the year. Prepare a statement giving the following information :(a) Prime Cost (b) Factory Cost Factory Overheads as a percentage on Productive Wages (d) General Overheads as a percentage on Factory cost (e) Total Cost ************************************************** Section 'B' 0.1 Define Budget. Discuss Various types of budget. Q.2 What do you mean by Classification of cost. Explain their types. Q.3 "Break Even Analysis is an important tool for production planning" Explain this statement with the help of an example. Q.4 All India Company is currently working at 60 % capacity and produces 12000 units. At 70% working, raw material cost increases by 5% and selling price falls by 5%. At 80% working, raw material cost increases by 10% and selling price falls by 10%. At 60% working, the product costs Rs. 180 per unit and is sold at Rs. 200 per unit.
The Unit cost of Rs. 180 is made up as follows :- Materials Rs. 100 Wages Rs. 30 Factory Overheads Rs. 30 (40% Fixed ) Administration Overheads Rs. 20 (50% Fixed ) Prepare a Marginal Cost statement showing the estimated profit of the business when it is operated at 60% and 80% Capacity. Q.5 Copper Limited produce various motor parts. The cost structure of a part whose annual production is 90000 units, is as under :_ Rs. Material Labour ( 50% Fixed ) 540 per Unit 360 per Unit Expenses ------ Variable Fixed 180 per Unit 270 per Unit 1350 per Unit The purchasing manager explores that a supplier is ready to supply the part @ Rs1080 Should the part be purchased and production stopped? What will be your advice if the resources producing that part are used to produce a product for which the selling price is Rs. 965. In the latter case materials price be Rs. 390 per Unit. ***************************************************
Assignment Paper (Semester 1 st ) Course Code: MS--- Course Title : Language Skills & Communication Coverage: All Blocks 1. What do you mean by business communication? What are the characteristics and functions of Business organization? Give its definitions by renowned management gurus. 2. Write about various elements of communication process in details with instances 3. Discuss about the strategies to develop effective communication skills. 4. Listening Process, Types of Listening, barriers to listening, difference between listening and hearing. 5. Define the meaning and characteristics of Group Discussion. Discuss the guideline for an effective Group Discussion. 6. What is non-verbal communication? How many types of non-verbal communication are there? How can the message be conveyed more effectively through voice? 7. Homonyms or Homophone (40 pairs of words with their meanings &usages in sentences) 8. 20 Idioms, 20 Phrases and 20 proverbs with their meanings usages in sentences. 9. Explain the concept of interviews. Define its objectives and suggestions for successful interview. 10. Elaborate the types of Tenses with rules and illustrations forming all kinds of sentences (positive, negative and interrogative) at least 5 sentences for each tenses
Assignment Paper (Semester -1 st ) Course Code: MS--- Course Title : Organizational Behaviour Coverage: All Blocks Q.1: What do you mean by Organisational behavior? Explain its functions. Q.2: Briefly explain different stages of personality. Q.3: What are the components of attitude? Explain with a suitable model. Q.4: Write short notes on:- (a) Perception (b) Motivation (c) Adjustment function Q.5: Define communication? Explain the process of communication. Q.6: Being a manager how will you motivate your subordinate for better performance, explain. Define Maslow s law of motivation. Q.7: Define organizational culture? Explain its main features. Q.8: What is organizational change? Explain various forces for change. Q.9: Differentiate:- (a) Attitude & Value (b) Verbal communication & non-verbal communication (c) Single plant bargaining & Multi employer bargaining
Assignment Paper (Semester -1 st ) Course Code: MS--- Course Title : Fundamentals of Management Coverage: All Blocks Assignment I 1. Discuss the roles and responsibilities of a manager with suitable example. 2. Explain MBO (Management by Objectives). Discuss its advantages and limitations. Give appropriate example. 3. Explain Line Authority and Staff Authority. Discuss Line and Staff conflict. 4. Explain Control process. Discuss various types of controls with the help of suitable example. 5. What is Directing? Discuss the components of Directing with the help of appropriate example. 6. Explain Coordination. Discuss the principles of coordination. 7. Discuss the Staffing process with the help of suitable example. 8. What is Decision Making? Discuss the steps involved in Decision Making. Give appropriate example. 9. Explain Corporate Social Responsibility with the help of suitable example. 10. Discuss SWOT Analysis with the help of appropriate example. Assignment Paper (Semester -1 st ) Old ATKT
Course Code: MS--- Course Title : Coverage: All Blocks Assignment Paper (Semester -1 st ) Old ATKT
Course Code: MS--- Course Title : Coverage: All Blocks.