Download pdf - Dr. B. R. AMBEDKAR OPEN UNIVERSITY ROAD NO. 46, …...Dr. B. R. AMBEDKAR OPEN UNIVERSITY ROAD NO. 46, JUBILEE HILLS, HYDERABAD – 500 033 Dear Student, We are enclosing two assignments

Dr. B. R. AMBEDKAR OPEN UNIVERSITY

ROAD NO. 46, JUBILEE HILLS, HYDERABAD – 500 033

Dear Student,

We are enclosing two assignments in each course, for all the courses of M.Com. (2017-18 and 2018-19 Batches). Please note the following points while answering these assignments:

1. Assignments are compulsory for M.Com. Programs. They have a weightage of 30% in each course.

2. You have to submit both the assignments compulsorily. You will not be allowed to appear for

the year-end examinations for any course, if you do not submit the specified number of assignments in time for that course.

3. Each assignment carries a maximum of 15 marks and you have to get a minimum of 40% of marks, i.e., 6 out of 15, to qualify in that assignment. If you fail to get the minimum marks in any

assignment, you have to resubmit that particular assignment along with the relevant batch.

Repetition of the same assignment will not be allowed.

4. The maximum marks for each course at the year-end examination are 70 and you have to get a

minimum of 40% i.e., 28 out of 70.

5. Division will be awarded on the basis of the aggregate marks obtained in assignments as well as

in the year-end examinations.

6. Dates of submission for the assignments are:

FIRST ASSIGNMENT : 30.06.2019

SECOND ASSIGNMENT : 04.08.2019

[

ASSIGNMENTS SUBMITTED AFTER THE DUE DATE WILL NOT BE

ACCEPTED.

7. If, under unavoidable circumstances, you fail to submit the assignments within the stipulated time,

your results will be declared only after the submission and evaluation of all the assignments.

8. If any student fails to submit all the assignments within the stipulated time, he/she has to answer

the set of assignments that are sent to the batch in progress at that time.

9. You have to submit your assignments in the Study Centre to which you are attached.

10. The first page of your response sheet should be in the following format.

Enrolment No. :

Name of the Candidate :

Address :

Mobile No. :

Email ID :

Name of the Programme :

Course Code & Title :

Assignment No. :

Study Centre :

Date of Submission :

Signature :

11. Please go through the relevant course units thoroughly before you answer

assignments.

12. If the assignment is of a problem model, you have to answer it in the proper

format. You should give working notes also wherever necessary.

13. Before submitting the assignment, check it up carefully to make sure that you have attempted all

the main points of the question.

14. You are required to use only foolscap size paper for your response. Allow some margin on the

left in order to facilitate the evaluator to record his comments.

15. You have to answer the assignments in your own words.

16. Do not copy from the response sheets of other students. If copying is noticed, the assignments of

all such students will be rejected.

17. Start each assignment on separate sheets of paper.

18. You can consult your counsellors and get clarification on your doubts, if any, while answering the

assignments.

19. The assignments should be neatly hand written. Typed or Computerized assignments will not

be accepted. 20. You have to prepare your responses in duplicate, submit the original at your study centre and file

the second copy with you as a record.

21. You can collect back the evaluated assignments from your study centre, if you want.

22. In case you request for a change of study centre, you should submit your assignments only to the

original study centre until the University effects the change of the study centre.

23. Further correspondence should be made to the following address:

The Director (SSB)

Dr. B. R. Ambedkar Open University

Prof. G. Ram Reddy Marg,

Road No.46, Jubilee Hills,

Hyderabad – 500 033.

Sd/-

HEAD

DEPARTMENT OF COMMERCE

Dr. B. R. AMBEDKAR OPEN UNIVERSITY DEPARTMENT OF COMMERCE

MASTER OF COMMERCE PROGRAMME

M.Com (P) –1: ORGANISATION THEORY AND BEHAVIOUR

(2018-19 Batch) I YEAR

ASSIGNMENT – I

Answer all questions

Each question carries FIVE marks

(Marks: 15)

1. a) Explain the principles of Classical Organisation Theory.

b) Define ‘System’ and explain the different subsystems.

2. a) Explain the various approaches to study Organisational Behaviour.

b) Discuss the similarities and dissimilarities among the four models of

Organisational Behaviour.

3. a) Explain the advantages and disadvantages of Self-actualising models of man.

b) Define learning and explain the process, types and functions of learning.

ASSIGNMENT – II



(Marks: 15)

1. a) Define the term ‘group’ and explain the stages of group formation. Analyse why people

join groups.

b) What is resistance to change? As an individual, why would you resist change? How do

you manage resistance to change?

2. Define communication. Describe the process of communication. Analyse the barriers to

organisational communication.

3. a) “Leadership is the driving force which gets things done by others”. Illustrate.

b) Explain the significance of Organisational Climate in the context of productivity,

profitability and job satisfaction.



M.Com (P) – 2: ACCOUNTING FOR MANAGEMENT


ASSIGNMENT – I


Each question carries FIVE marks (Marks: 15)

1. Who are the users of accounting data? What are their informational needs? Explain how

accounting data helps various parties in taking rational decisions.

2. You have been supplied data for a company and its industry averages.

i) Determine the indicated ratios for the company; and

ii) Indicate the company’s strengths and weaknesses in terms of liquidity, solvency and profitability, as revealed by your analysis.

Balance Sheet as at March 31, 20018

Liabilities Rs. Assets Rs.

Equity share capital 1,00,00,000 Plant and equipment 1,51,00,000 10% Preference share capital 40,00,000 Cash 12,30,000

Retained earnings 27,40,000 Drs. 36,00,000

Long-term debt 34,00,000 Stock 60,80,000

Sundry Crs. 31,50,000 Outstanding Exps. 1,20,000

Other current liabilities 26,00,000

--------------------- --------------------- 2,60,10,000 2,60,10,000

============= =============

Statement of profit for the year ended March 31, 2018

Rs. Rs.

Sales-Net 2,25,00,000

Less-cost of goods sold 1,52,50,000

Selling expenses 29,50,000 Administrative expenses 14,80,000

Research and development 6,50,000

Interest 2,90,000 2,06,20,000

------------------- -------------------- Earnings before taxes 18,80,000

Less: Income tax(0.35) 6,58,000

--------------------

12,22,000 --------------------

Dividends paid to equity share holders 5,00,000

=============

Financial Ratios of Industry

i. Current ratio 2.2

ii. Stock turnover (lines) 2.8 iii. Collection period (days) 56

iv. Total debt/shareholders equity (%) 45

v. Internet coverage ratio (times) 10 vi. Turnover of assets (times) 1.35

vii. Income before tax/sales(%) 11.9

viii. Rate of return on shareholder’s equity (%) 10.9

3. From the comparative balance sheets of MS Ltd., prepare a statement of applications and

sources of funds during the year 2018. 31.3.2017 31.3.2018

Rs. Rs.

Assets Fixed assets less Depreciation 5,10,000 6,20,000

Investments 30,000 80,000

Stock 1,80,000 2,00,000 Book debts 60,000 1,60,000

Cash - 15,000

Discount on debentures 10,000 5,000

____________ ________________ 7,90,000 10,80,000

=========== ===============

Capital and Liabilities Equity share capital 3,00,000 3,50,000

Preference share capital 2,00,000 1,00,000

Debentures 1,00,000 2,00,000

Reserves and surplus 1,10,000 2,70,000 Provision for bad debts 10,000 15,000

Creditors 40,000 90,000

Bills payable 25,000 50,000 Provision for tax 5,000 5,000

------------------ --------------------

7,90,000 10,80,000 =========== ============

Further Information

i) A machine costing Rs.70,000, book value Rs.40,000 was sold for Rs.25,000. ii) Preference shares were redeemed at a premium of 5%.

iii) Dividend @15% was paid on equity shares for the year 2017.

iv) Provision for depreciation stood at Rs.1,50,000 on 31.3.2017 and at Rs.1,90,000 on 31.3.2018.

v) Stock which was valued at Rs.90,000 as on 31.03.2017 was written up to its cost

Rs.1,00,000 for preparing the P&L A/C for 2018.

ASSIGNMENT – II



1. A Plant is at present operating at 75% capacity and producing 2,40,000 Units. Variable costs

per unit are as below:

Rs.

Direct material 1.50

Direct labour 2.00

Variable overhead 0.50

An offer is received from a foreign company to buy 60,000 units @ Rs.4.50 per unit.

Management hesitates to accept the offer, because the selling price is less than the total cost

per unit and also because the current selling price is Rs.5.25 per unit. No change is expected

in respect of fixed overheads, which will remain unaltered at the following figures.

Rs.

Administration overhead 1,80,000

Selling and distribution overhead 80,000

Moreover, the export order shall require special packing which will cost @ Rs.20 per 100

units.

Prepare the statement showing comparative profitability and advise the management whether

the order should be accepted or not.

2. (i) From the following information, calculate the break-even point and turnover required to

earn a profit of Rs.30,000.

Rs.

Fixed overheads 21,000

Variable cost (per unit) 2

Selling price 5

If the company is earning a profit of Rs.30,000, express the margin of safety available to it.

(ii) At a break-even point 1,000 were units sold, variable costs were Rs.15,000 and fixed cost

were Rs.10,000. What will be the 1,001st unit sold contribute to profit before tax?

(iii) XYZ Ltd. Plans to sell 5,000 units of a product @ Rs.3 per unit. Management expects to break-even at this level of sales. If the P/V ratio is 40%, what are the fixed costs and

variable costs.

3. Discuss the need for harmonisation of financial reporting. What suggestions would you make

to bring harmonisation in financial reporting at the international level?

***



M.Com (P) –3: FINANCIAL MANAGEMENT


ASSIGNMENT – I



1. a) Define financial management and discuss its goals and objectives.

b) Identify the present value of Rs.5000; Rs.4000; Rs.3000; Rs.2000 and Rs.1000 received at

the end of the year through five years. Assume a – 5% time preference rate.

2. Modi Ltd., has two mutually exclusive Projects:

Project – A and Project – B. Which Project should the company choose using the certainty

equivalent approach.

Both the Projects require an initial investment of Rs.5,00,000.

3. a) Define cost of capital and explain the various concepts of cost of capital.

b) Calculate the Degree of Operating Leverage, Financial Leverage and Combined Leverage

for the following firms.

P Q R

Output (Units) 3,00, 000 75,000 5,00,000

Fixed Cost (Rs.) 3,50,000 7,00,000 75,000

Unit Variable Cost (Rs.) 1.00 7.50 0.10

Interest expenses (Rs.) 25,000 40,000 -Nil-

Unit Selling Price (Rs.) 3.00 25.00 0.50

YEAR PROJECT – A PROJECT - B

CE Cash flow CE Cash flow

1 0.7 70,000 0.8 1,00,000

2 0.9 80,000 0.7 1,00,000

3 0.8 90,000 0.6 1,00,000

4 0.7 1,00,000 0.5 1,00,000

5 0.6 1,20,000 0.5 1,00,000

6 0.5 2,50,000 0.4 1,00,000

ASSIGNMENT – II



1. a) What is meant by ‘Stability of dividends’? Explain the various forms of stable dividend.

b) The cost of capital and the rate of return on investment of AB Ltd. us 10% and 15%

respectively. The company has one million equity shares of Rs.10 each outstanding and its

Earnings Per Share is Rs.7. Calculate the value of the firm in the following situations using

Walter’s Model.

i) 100% retention

ii) 50% retention

iii) 25% retention

Interpret your results.

2. Define working capital and explain its determinants.

3. a) What is Credit Policy? Explain its objectives.

b) The following information relates to inventory costs of NIRMA Ltd.

i) Orders must be placed in multiples of 1000 Units

ii) Requirements for the year: 3,00,000 Units

iii) The purchase price per unit = Rs.3

iv) Carrying costs = 25% of the purchase price

v) Cost per order = Rs.20

vi) Desired Safety Stock is 10,000 units. this amount is on hand initially.

vii) Three days are required for delivery.

Calculate Economic Order Quantity (EOQ. How many orders should be company place

each year and at what inventory level should an order be placed?

***



M.Com (P) – 4: MARKETING MANAGEMENT


ASSIGNMENT – I



1) Explain the functions of Marketing. Also discuss the role of Marketing in economic

development.

2) What is marketing of services? What are the characteristics of services marketing?

Also discuss the reasons for growth of service sector in India.

3) a) What do you mean by market segmentation? Discuss the bases and benefits of

market segmentation.

b) Explain the importance and factors influencing consumer behaviour. Also discuss

any two models of consumer behaviour.

ASSIGNMENT – II



4) What is product life cycle? Explain the stages and managerial issues of PLC.

5) What are the objectives of pricing? Discuss pricing policies and methods with suitable

examples.

6) a) What is distribution in marketing? Explain the significance of distribution channels

and the factors influencing channel design decisions.

b) Explain the role of advertising in marketing. How do you measure advertising

effectiveness?

***



M.Com (P) –5: BUSINESS ENVIRONMENT


ASSIGNMENT – I



1. a) Who do you mean by business environment? explain the contemporary business

objectives.

b) Define economic environment and discuss the changing economic factors which

influence on business in India.

2. Explain the role of technological factors influencing the growth of business in India.

Discuss the future of IT sector in the years to come.

3. a) Explain the economic growth objectives of five year planning in India.

b) discuss the role and methods of privatisation of PSUs.

ASSIGNMENT – II



1. Explain in detail, the structural changes in industrial policies-1966 and 1991.

2. a) What is monetary policy? Discuss the principal instruments of monetary –credit

policy.

b) Define the term ‘demonetization’. And discuss the impact of demonetisation on

efficiency of regulating monetary system in India.

3. a) Critically examine the India’s EXIM policy after 2010.

b) Explain the functional strategies of Multinational Corporations in modern

industrialization.

***



M.Com (F) – 6: QUANTITATIVE TECHNIQUES

(2017-18 Batch) II YEAR

ASSIGNMENT – I



(Marks: 15)

1. a) Explain the meaning and nature of ‘Research’.

b) What are the various types of Research?

c) “A sample may be large yet worthless because it is not random sample or the

sample may be random but unreliable because it is small.” Comment upon the

statement.

2. a) What is meant by Time Series Analysis? Discuss its importance in business.

b) Distinguish between Correlation and Regression Analysis and explain their

respective role in business.

c) The following data relate to marks in Advanced Accountancy and Business

Statistics in B.Com 1st year examination conducted by a particular University.

Advanced Accountancy: 25 30 52 40 20 22 32 35 38 42

Business Statistics: 12 22 15 20 18 18 25 23 30 30

Compute Correlation Coefficient.

3. a) Explain the various approaches to Probability.

b) A bag contains 6 Black balls, 4 Red balls and 5 Green balls. Three balls are

drawn from the bag at a time. Find the probability that all the three balls are of

same colour.

c) In a distribution exactly normal, 7% of the items are under 35 and 79% are under

63. What is the Mean and Standard Deviation of the normal distribution?

d) Consider the experiment of tossing four coins simultaneously. This experiment

was repeated 208 times. Number of heads appeared at each toss is recorded, and

the recorded information is as follows:

Number of Heads at a throw 0 1 2 3 4

Frequency 5 48 112 35 8 Total

N=208

Fit a binomial distribution.

ASSIGNMENT – II



(Marks: 15)

1. a) Discuss the role of Hypothesis in making a research design.

b) Distinguish between Statistics and Parameter.

c) Explain Type I and Type II errors in testing of a hypothesis. Also discuss the concept of

‘Level of Significance’.

2. a) In a survey of 200 boys of which 75 were intelligent 40 had skilled fathers; while 85 of the

unintelligent boys had unskilled fathers. Do these figures support the hypothesis that skilled

fathers have intelligent children?

b) What is ‘Analysis of Variance’? And where is it used in business situations? Give two

suitable business examples to illustrate the use of ANOVA.

c) Discuss the uses of Chi – Square Test.

3. a) Explain the following terms:

i. Control Charts for Variables.

ii. Control Charts for Attributes.

b) How is the decision making under risky situations different from decision making under

uncertain situations?

c) Discuss the concept of ‘Saddle Point’ with a suitable example.

***



M.Com (F) – 7: COST ACCOUNTING AND CONTROL


ASSIGNMENT – I



1. Explain the essentials of good cost accounting system. What are the general principles which you

as a Cost Controller should keep in mind while setting up a cost accounting system?

2. A Ltd. Company is engaged in the process in engineering industry. During the month of April

2018, 2000 units were introduced in the process ‘X’. The normal loss is estimated at 5% of input.

At the end of the month 1,400 units were produced and transferred to process ‘Y’; 460 were

complete units and 140 were to be scrapped at the end of the process. The incomplete units

reached the following degree of completion.

Materials 75%

Labour 50%

Overheads 50%

Following are the further details regarding process ‘X’:

Cost of 2,000 units introduced Rs.58,000

Additional materials consumed Rs.14,400

Direct labour Rs.33,400

Allocated overheads Rs.16,700

The scrapped units fetched Rs.10 each.

Prepare (i) Statement of equivalent production;

(ii) Statement of Cost

(iii) Statement of evaluation, and

(iv) Process ‘X’ Account.

3.The following figures have been extracted from the Financial Accounts of S.V.Ltd. for the year of

its operations.

Rs.

Direct material consumption 5,00,000

Productive Wages 3,00,000

Factory Overheads 1,60,000

Administrative Overheads 70,000

Selling and Distribution Overheads 96,000

Bad debts written off 8,000

Preliminary expenses written off 4,000

Legal charges 1,000

Dividend received 10,000

Interest received on bank deposits 2,000

Sales (12,000 units) 12,00,000

Closing stock (400 units) 32,000

Work-in-Progress 24,000

The cost accounts for the same period reveal that direct material consumption was Rs.5,60,000.

Factory overhead is recovered at 20% on prime cost. Administrative overhead is recovered at 60

paise per unit of production. Selling and Distribution overheads are recovered at 80 paise per unit

sold.

Prepare the P & L A/c. both as per financial records and as per cost records. Also reconcile the

profits as per the two records.

ASSIGNMENT – II



1. The monthly budgets for manufacturing overhead of a concern for two levels of activity were as

follows:

Capacity 60% 100%

Budgeted Production Units 6,000 10,000

Rs. Rs.

Indirect wages 12,000 20,000

Consumable stores 9,000 15,000

Maintenance charges 11,000 15,000

Power & Fuel 16,000 20,000

Depreciation 40,000 40,000

Insurance 10,000 10,000

You are required to (i) Indicate which of the items are fixed, variable and semi variable;

(ii) Prepare a budget for 80% capacity, and

(iii) Find the total, variable and fixed costs separately and also cost

per unit of three levels of activities.

2. A toy manufacturer earns an average net profit of Rs.3 per piece in a selling price of Rs.15 by

producing and selling 60,000 pieces at 60% of the potential capacity.

Composition of his cost of sales is:

Rs.

Direct material 4.00

Direct wages 1.00

Works overhead 6.00 (50% fixed)

Sales overhead 1.00 (25% varying)

During the current year, he intends to purchase the same number but anticipates that:

a) His fixed charges will go up by 10%

b) Rates of direct labour will increase by 20%

c) Rates of direct material will increase by 5%

d) Selling price cannot be increased.

Under these circumstances he obtains an order for a further 20% of his capacity. What

minimum price will you recommend for accepting the order to ensure an overall profit of

Rs.1,80,500?

3. (a) “Cost audit is a necessity and not a luxury and is viewed as a barometer to measure the

operational performance, the effectiveness of utilisation and working results”. Illustrate.

(b) “Cost control does not aim at reduction in cost. Its object is merely to ensure the

maximum utility of the cost incurred”. Discuss to what extent you agree with this statement.

****

Dr. B. R. AMBEDKAR OPEN UNIVERSITY

DEPARTMENT OF COMMERCE


M.COM (F) –08: TAXATION

(2017 – 18 Batch ) II YEAR

ASSIGNMENT – I

Answer all the questions


Marks : 15

1. Explain the following in not more than 10 lines each.

a. Agricultural Income

b. Unrealized Rent

c. Block of Assets Method of Depreciation

d. Rules of payment of Remuneration to partners under Section 40(b)

e. Book Profits

2. How is the incidence of Tax determined under the Income Tax Act and discuss the liability of the Assessee based on his Residential Status.

3. From the information given below compute the income tax liability of Mrs. Ramanani who is a super senior citizen.

a) Rent received from let out house property Rs. 25,000 per month.

b) Municipal Taxes of the let out house property (Due) Rs. 10,000 per annum.

c) Maintenance Charges (paid by the tenant) for the house property let out Rs. 2,000 per month.

d) Interest on loan taken for the construction of the house property paid Rs. 45,000 and due Rs. 22,000.

e) During the relevant previous year she sold a house property which was purchased in the year 2011-12 for Rs. 16,00,000. Selling expenses incurred Rs. 16,000.

f) Bank Interest Received Rs. 20,000 (net).

g) Lottery Amount Received Rs. 50,000 (net).

h) Rent from foreign agriculture land Rs. 40,000.

i) Rent from Indian Agriculture land Rs. 32,000.

j) Rent from hiring of plant and machinery Rs. 12,000.

k) Dividends received from Indian Company Rs. 13,000.

l) Dividends Received from foreign Company Rs. 11,000.

m) Gift received from a relative Rs. 21,000.

n) Donation given to temple Rs. 10,000.

o) Medical Insurance Premium paid Rs. 25,000.

p) LIC premium paid on the life of her husband Rs. 40,000.

q) LIC premium paid on own life Rs. 50.000.

ASSIGNMENT – II

Answer all the questions


Marks : 15

1. From the following information calculate the Book Profits and the related limit

of remuneration payable to the partners of a Firm assessed as such.

a) A, B and C are the partners.

b) B is a non working partner. c) Remuneration paid to each partner Rs. 3,00,000 per annum. d) Interest on Capital paid to each of the partner @ 22 % is Rs. 66,000. e) Capital Loss debited to the P & L Account Rs. 1, 30,000. f) Rent Received Credited to the P & L Account Rs. 2,20,000 g) Net Profit disclosed by the P & L Account is Rs. 5,52,000.

2. Explain the provisions relating to interest for default in payment of Advance Tax under

section 234 B (1) of the Income Tax Act.

3. What were the initial challenges in designing the Goods and Services Tax?

***



M.Com (F) – 09: FINANCIAL MARKETS AND SERVICES


ASSIGNMENT – I



(Marks: 15)

1. Discuss the role and importance of financial system in economic development in India.

2. i) Explain the role of Non-Banking Finance Companies (NBFCs) in the financial system in

relation to social entrepreneurship development. Is it necessary to regulate NBFCs?

ii) What are the strategies adopted by public sector banks in extending credit in relation to

rural development.

3. Discuss the recent developments in Capital Markets?

ASSIGNMENT – II



1. What are the main functions of a stock exchange? How do operations on a stock exchange

affect the economic life of a nation? Is it necessary to control the stock exchange?

2. Write a brief note on the following.

i) Reforms in the Indian money market

ii) Importance of SEBI guidelines in primary market.

3. Discuss in brief the following:

i) Role of Venture Capital in the development of a country.\

ii) Discuss tin brief the Merchant Banking activities in relation to issue of securities.

iii) Importance of Mutual Funds in India.

***



M.Com (F) – 10: HUMAN RESOURCE MANAGEMENT


ASSIGNMENT – I



1. Explain the activities of Human Resource Management. Also discuss the strategic

HRM practices.

2. Discuss in detail, the process and factors affecting Human Resource Planning.

3. a) What is recruitment? How it is different from selection of manpower?

b) Discuss the steps involved in Induction Process. Who conduct induction and why?

ASSIGNMENT – II



(Marks: 15)

1. a) Explain the objectives of Performance Appraisal. Who are the beneficiaries of this

system?

b) Discuss the values and objectives of organizational development.

2. a) “Spending on employee training is waste of organizational resources” Discuss.

b) What are the principles of job evaluation? Why do organizations go for employee job

evaluation?

3. a) What are fringe benefits? Brief by discuss the types and objectives of fringe benefits.

b) What are the different forms of participative management? Explain principles and

causes for employee discipline.

***