B.Sc. II (Semester IV) (Entrepreneurship) Examination, 2018
(Old CGPA Pattern)
corporate acounting and profesional ethics (Paper
Day and Date Friday, 7-12-2018 Total Marks 70
Time 10.30 a.m. to 1.00 p.m.
N.B. All questions are compulsory.
Figures to the right indicate full marks.
1. Multiple Choice Questions. 14
Aim of MNC is to boost accounting profitability by shifting funds around
the
Country Region World Market
The environmental analysis includes
Political conditions Social factors
Economic condition All of the above
We wish to be good citizen of every community in which we operate this
is
Ethical code Political and Social code
Legal code Legal Act
Which is the approach to corporate planning
Customer and workers Satisfaction
Planning skills
Optimizing
All of the above
Which one of the following is not principle of business ethics
Principle of universality Principle of humanity
Principle of autonomy Principle of dissatisfaction
Seat
No. Set P
P.T.O.
Excess of cost of investment over paid up values of the shares is considered
as
G oodwill Minority interest
Capital reserve None of above
Holding co share in capital profits of subsidiary company in adjusted
in
Cost of control
Shown on asset side of balance sheet
Profit and Loss Account
None of above
An annual interest payment dividends by current price of bond is considered
as
Current Yield Maturity Yield
Return Yield Earning Yield
Slightest hazardous methods by which organization carry out international
trade is
Licensing
Franchising
International trade
The establishment of new subsidiaries
10) G lobalization has created new opportunities of
Employment Emerging multinationals
Providing services All of the above
11) Process in which employees take some time off from job and expect that
they will come back for work is classified as
Merger Acquisition
Layoffs Downsizing
12) Ethics is essential for
Business Social
Political All the above
SLR-SK 33 *SLRSK33*
Set P
13) For the investment weighed average time to maturity classified
as
Premium time Standard time
Mean time Distribution
14) The legal term for tangible property is
Trust Chattel
Mortgage Private Property
2. Solve any seven of the following 14
Concept of CSR.
G lobal Corporation.
Code of Conduct.
Morality.
Corporate Culture.
Use of final account.
Define Holding company.
Meaning and Definition of corporate Governance.
Steps of final Accounts of companies.
3. Attempt any two of the following 10
Role of MNC.
Describe schedules of final A/C of Company in detail.
Rearrange the following items of a manufacturing company under the
three heads.
Live Stock Loose tools
G oodwill Bills Receivable
Patents Vehicles
Book Debts Work in Progress
Advances paid 10) Cash in Hand
Fixed Assets.
Current Assets.
Loan and Advances.
Short note on Corporate culture. 4
Set P
*SLRSK33* SLR-SK 33
4. Attempt any two of the following 14
M Ltd. purchased 8000 equity shares of N Ltd. on 1/4/2005 for Rs. 3,00,000.
N Ltd. provides you following information as on 31/03/2006.
Equity Shares capital 12,000 Equity Shares of Rs. 10 each.
General Reserve Rs. 40,000 (on 1/4/2005 Rs. 10,000)
Profit and Loss A/C Rs. 50,000 on 1/4/2005 Rs. 30,000).
Prepare a statement showing Capital Profit, Revenue Profit and Minority interest
and Goodwill.
Following information pertains to Clinton Corporation Ltd.
Particulars Rs.
20,000, 12% Preference shares of Rs. 10 each 2,00,000
50,000 Equity shares of Rs. 10 each 5,00,000
Average Annual profits before tax 2,00,000
Income tax 30%
Transfer to Reserve 20%
Normal return in similar industry 25%
Mr. Rahul holds 400 equity shares of the company. He has requested you value
his shareholding on the basis of above information. Please do the needful.
Features of Holding Company.
5. Attempt any two of the following 14
Raj products Ltd. prepare Balance Sheet in Vertical from with proper schedule
as on 31-3-2005.
Liabilities Rs. Assets Rs.
Share Capital 6,50,000 Land and Building 3,15,000
G eneral Reserve 65,000 Freehold Property 3,00,000
Reserve Fund 55,000 Plant and Machinery 1,40,000
Share Premium 40,000 Sinking Fund Investment 1,00,000
Debentures 1,60,000 Closing Stock 1,25,000
Bank Overdraft 80,000 Sundry Debtors 95,000
Sundry Creditors 70,000 Cash/bank 65,000
Bills Payable 40,000 Bills Receivable 40,000
Unclaimed Dividend 20,000 Prepaid Expenses 20,000
Provision Tax 45,000 Preliminary Expenses 25,000
Total 12,25,000 T otal 12,25,000
Ethics in HRM.
Etiquette and Professional Codes.