Solapur university MANAGEMENT ACCOUNTING (Compulsory Paper – III) 03 Semester

M.Com. II (Semester – III) Examination, 2014
MANAGEMENT ACCOUNTING (Compulsory Paper – III)
Day and Date : Saturday, 26-4-2014 Max. Marks : 50
Time : 11.00 a.m. to 1.00 p.m.
Instructions :
1) All questions are compulsory.
2) Figures to the right indicate full marks.
1. Choose correct alternative. 10
1) ____________ budget is often the starting budget, since usually the limiting
factor is sales.
a) Sales b) Production c) Material d) Labour
2) ____________ budgets are designed to change with the level of activity
attained.
a) Fixed b) Flexible c) Cash d) Capital
3) If estimated sales of a product is 40000 units, desired closing stock is
7000 units and actual opening stock is 5000 units the production will be
________ units.
a) 40000 b) 41000 c) 42000 d) 43000
4) If sales are Rs. 5,00,000 G.P. Ratio is 20%, then cost of goods sold is Rs.
a) 2,00,000 b) 1,00,000 c) 3,00,000 d) 4,00,000
5) Quick Ratio is also called as ____________ Ratio.
a) Current b) Acid test c) Working capital d) Fast
6) ____________ is a example of Balance Sheet Ratio.
a) Gross Profit Ratio b) Stock Turnover Ratio
c) Interest Coverage Ratio d) Current Ratio
7) Working capital means
a) Current liabilities b) Fixed assets
c) Net Assets d) Net Current Assets

8) Present value method is also called as __________ method.
a) Pay back period b) Average Rate of Return
c) Internal Rate of Return d) Discounted Cash Flow
9) Excess of present value of cash inflows over present value of cash outflows
is
a) Profitability index b) Net present value
c) Net cash flows d) Cost of capital
10) If credit sales are Rs. 10,00,000 and debtors velocity is 73 days then accounts
receivables is Rs.
a) 7,30,000 b) 2,70,000 c) 2,00,000 d) 1,00,000

2. Write short notes. 10
a) Management Accounting V/s Financial Accounting
b) Functions of Management Accounting
3. A) Particulars Project A Project B
Cost of project Rs. 50,000 50,000
Cash flow before Tax.
1st Years Rs. 30,000 10,000
2nd Year Rs. 20,000 20,000
3rd Year Rs. 10,000 30,000
You are required to determine the pay back period of each project and comment.
B) Gross profit Ratio %3
2 16
Gross profit Rs. 30,000
Stock turnover Ratio 5 times
You are require to calculate
1) Sales
2) Cost of goods sold
3) Average inventory. (5+5)
4. A, B, C Ltd. manufactures a single product. The present sales of Rs. 60,000 per
month utilises only 60% of capacity. The following further information is available
Selling price per unit Rs. 10
Variable cost Rs. 3 per unit
Semi variable cost Rs. 6,000 plus Re. 0.50 per unit
Fixed cost Rs. 20,000
You are required to submit statement showing profits at 60% and 70% levels of
activity.
OR
4. X Ltd. proposes to produce 24000 units p.a.
Particulars Cost per unit Rs.
Material 80
Labour 40
Fixed Manufacturing and administration expenses 20
Depreciation 10
Total cost 150
It is estimated that
1) Stock of Material – 1 months average consumption
2) Stock of WIP – 1 months completed units (Materials fully supplied but 50%
converted)
3) Stock of Finished goods – 1 months completed units
4) Credit period allowed to customers – 1 month
5) Credit period allowed by supplier – half month
You are required to determine the amount of working capital required for above
activity. 10

5. Current Ratio 3.5
Liquid Ratio 2.5
Bank overdraft Rs. 10,000
Net current assets Rs. 5,00,000
Fixed assets to net worth 0.80
Reserves and surplus to share capital 0.25
There were no long term loans and fictitious assets, prepare Balance Sheet.
OR
5. Lookahead Ltd. produces and sells a single product. Sales budget for the current
calendar year by quarter is as under.
Quarter Units to be sold
I 12,000
II 15,000
III 16,500
IV 18,000
The year is expected to open with an inventory of 4000 units of finished product
and desired end inventory of finished product is scheduled at one third of the
following quarters sales demand. The year is close with an inventory of
6500 units.
Prepare Production Budget by Quarters. 10
–––––––––––––––––

Solapur University M.Com. – II (Semester – III) Examination, TAXATION (Gr. C. P – IV) 2014 question paper

Solapur University Question papers collection
M.Com. – II (Semester – III) Examination, 2014
TAXATION (Gr. C. P – IV)
Research Methodology (For Regular Candidates)
Day and Date : Friday, 25-4-2014 Max. Marks : 50
Time : 11.00 a.m. to 1.00 p.m.
N.B. : 1) All questions are compulsory.
2) Figures to the right indicate marks.

1. Choose the correct alternative from the given alternatives : 10
1) A study of industrial relations in Tata group of industries is _________
a) Fundamental research b) Descriptive research
c) Exploratory research d) Action research
2) Statistical test for hypothesis for small sample is called __________
a) Z test b) T test c) F test d) Chi-square test
3) For formulating a research problem a researcher may ____________
a) Consult a research guide
b) Discuss with the experts in the field of study
c) Review the relevant literature
d) All of these
4) ____________ is a tangible outcome of research process.
a) Acknowledgement b) Research report
c) Bibliography d) Appendices
5) The research that aims to evolve the theories in the process of revealing the
truth is __________
a) Applied research b) Pure research
c) Quantitative research d) Comparative research
6) The research attempting to gain knowledge about the nature of the
phenomenon about which there is no prior idea is called ____________
a) Descriptive research b) Explanatory research
c) Exploratory research d) Action research
SLR-N – 60
7) For studying the behaviour of small children the most suitable method of
collecting information is ___________
a) Mailed questionnaire b) Schedule through enumerators
c) Observation d) Information through correspondents
8) Observation made as per set plan is ____________
a) Uncontrolled observation b) Participant observation
c) Structured observation d) Contrived observation
9) Research is defined as a careful investigation or enquiry especially through
search for new facts in any branch of knowledge as per ____________
a) Oxford dictionary b) Webster dictionary
c) Chausers dictionary d) None of the above
10) __________ is a method of exploring and analysing the life of a social unit be
that unit a person, a family, institution, cultural group or even an entire
community.
a) Case study b) Survey
c) Historical method d) Experimental method
2. Answer the following :
A) State the types of research on the basis of purpose. 5
B) State the characteristics of research design. 5
3. Answer the following :
A) What are the advantages of survey method ? 5
B) Distinguish between structured and unstructured observation. 5
4. Answer the following (any one) : 10
A) Explain the various types of interviews.
OR
B) Explain the steps in scientific research process.
5. Answer the following (any one) : 10
A) Define Reports. What are the characteristics of a good report ?
OR
B) What are the sources of secondary data ?
_____________________

M.Com. (Part – I),ADVANCED STATISTICS (Gr. K) (Paper – II), 2014 Solapur Universiry Question Paper

Solapur Universiry Question Paper
M.Com. (Part – I) (Sem. – I) (Old) Examination, 2014
ADVANCED STATISTICS (Gr. K) (Paper – II)
Design of Experiments
Day and Date : Monday, 21-4-2014 Max. Marks : 50
Time : 3.00 p.m. to 5.00 p.m.
 N. B. : 1) All questions are compulsory.
2) Figures to the right indicate full marks.
1. Choose the correct alternative : 10
1) The design of experiments were originated mainly for
a) field of medicine b) field of experiments
c) both a) and b) d) none of these
2) The total number of possibilities in which arrangements can be made in a
3×3 Latin square are
a) 6 b) 9
c) 12 d) None of these
3) The number of times a treatment is repeated in an experiment is called
a) Replication b) Randomization
c) Local control d) None of these
4) Design of experiments is a branch of
a) Statistics b) Mathematics
c) Both a) and b) d) None of these
5) The most frequently used of experimental designs in practice is
a) Latin square b) Randomised block design
c) Latin cubes d) None of these
6) Principles of design of experiments are
a) Replication b) Randomisation
c) Local control d) All the above
7) Errors sum of squares in RBD as compared to CRD using the same material is
a) More b) Less
c) Equal d) Not comparable
SLR-N – 10
8) A randomised block design has
a) Two-way classification b) One-way classification
c) Three-way classification d) No classification
9) Errors in a statistical model are always taken to be
a) Independent b) Distributed as N ( ) 2
e 0, σ
c) Both a) and b) d) None of these
10) The layout : A B C D
BCDA
CDA B
DA BC
Stands for
a) Cross over design b) Randomised block design
c) Latin square design d) None of these
2. a) Write a note on completely randomised design. 5
b) Explain the terms : 5
i) Size of the plot.
ii) Shape of blocks and plots.
3. a) Explain the advantages and disadvantages of randomised block design. 5
b) What is analysis of variance ? Point out the assumptions underlying it. 5
4. Attempt any one of the following : 10
a) What is Latin Square Design (LSD) ? Give the mathematical model,
assumptions and hypothesis that can be tested.
b) Describe the technique of analysis of variance for two-way classification.
5. Attempt any one of the following : 10
a) Describe Randomised Block Design (RBD). Give the mathematical model,
assumptions and hypothesis to be tested.
b) Work out the analysis of variance with one-way classification. State the
assumptions made.
_____________________