st. teresa's college - curriculum for …...bachelor’s programme in commerce, st.teresa’s...

ST. TERESA’S COLLEGE, ERNAKULAM

(AUTONOMOUS)

Affiliated to Mahatma Gandhi University

CURRICULUM FOR

BACHELOR’S PROGRAMME INCOMMERCE

Under Choice Based Credit & Semester System(2014 Admissions Onwards)

Curriculum & Syllabus 2014 admission onwards

ACKNOWLEDGMENT

The Board of Studies in Commerce (Under Graduate) takes this opportunity to express our

deep appreciation to all academicians and professionals who participate in the workshops

organized by St. Teresa’s College (Autonomous) for restructuring the UG Course in

Commerce.

The guidance of Dr.Beena Job Associate Professor, Department of English and IQAC

Co-ordinator and Dr.Latha Nair, Associate Professor, Department of English and member of

the Governing Council helped give shape to the overall structure. We wish to express our

sincere thanks to Dr. N. J. Rao, Visiting Professor, International Institute of

Information Technology, Bangalore and Dr. Rajan Gurukal, Former Vice-Chancellor, M.G.

University, currently Visiting Professor, Centre for Contemporary Studies, Indian Institute of

Science, for their selfless and timely service and for giving us all the help and guidance we

needed . We also acknowledge our thanks to Dr. Achuthshankar S. Nair, Professor & Head,

Department of Computational Biology and Bio Informatics, University of Kerala, for his

invaluable suggestions.

We express our wholehearted gratitude to all those who have helped us in this endeavor.

Dr. Elsamma Joseph,

Chairman


Foreword

The Higher Education environment is changing rapidly in India and particularly so in the year2014-15, when the Government of Kerala decided to give autonomy to13 educationalinstitutions in the state with the aim of improving quality. Quality in Higher education hasbeen a matter of high concern and priority in India especially after the National Policy onEducation 1986 has very categorically questioned the impact of education and suggestedmany measures for bringing innovative practices in education.

The autonomous status asks for more responsibility and increased accountability to frame acurriculum keeping in mind the ever changing academic environment and the plethora ofdemands placed by the diversity of students who have a high literacy level when it comes tochoosing their course.

Keeping in mind that the purpose of Higher Education is the development of the people,society and environment, special care has been taken by the IQAC team at St. Teresa’sCollege to give the necessary Orientation and to conduct Workshops related to curricula andscientific syllabus design as part of the Faculty Development Programme. Curriculum relatesto the total experience of the student and it should contain knowledge that is essentially valid.The Graduate and Post Graduate Departments have worked diligently to frame curricula anddevelop programmes that foster analytical ability and critical thinking and enable the studentsto acquire the skills required by employers. The pedagogy adopted within the context ofcurriculum is to facilitate valid transmission of knowledge and proper evaluation of the same.The Courses designed at the Graduate and Post Graduate Levels have defined thecompetencies to enable effective teaching/learning of all the modules of the courses, bothCore (compulsory) and Designate (elective). The blueprint of the final assessment of everycourse guarantees that all modules are taught and furthers integrity. The details of the coursecurriculum and structure are set in accordance with the course specifications of the affiliatinguniversity.

With sincere gratitude I acknowledge the efforts of Dr. N. J. Rao and Dr. RajanGurukkal whoextended to us their academic expertise, astute guidance and unstinting support. I also thankDr. Achuthshankar S. Nair for his timely guidance. I specially thank all the faculty membersand the IQAC coordinator Dr. Beena Job for their diligence, commitment and exceptionalcontribution towards this endeavour.

Dr. Sr. Celine E


CONTENTS

SL. NO. ITEMS PAGE NOS.

1 Objectives of the Bachelor’s Programme in Commerce 1

2 Structure of Bachelor’s Programme in Commerce 4

3 Distribution of Courses & Credits 9

3.1 Courses 10

3.2 Choice Based Core Courses 10

3.3 Open Course 11

3.4 Scheme of Courses 11

3.5 Course Coding 11

4 Scheme - Core Courses 12

5 Scheme – Choice Based Core Courses 14

6 Scheme- Complementary Courses 15

7 Scheme – Open Course 15

8 Examination 16

8.1 Sessional Assessment 17

8.2 Final Assessment 18

8.3 Pattern of Questions 18

8.4 Project Evaluation 18

8.5 Computation of CCPA 20

9 Syllabi for Core Courses 22

10 Syllabi for Choice Based Core Courses 125

11 Syllabus for Complementary Courses 154

12 Syllabus for Open Course 163

Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), Ernakulam

Curriculum & Syllabus 2014 admission onwards1

Objectives of the Bachelor’s Programme in Commerce



Objectives of the Programme

By the end of each semester the students are able to achieve the following objectivesset for the B.Com Programme

First Semester To provide basic knowledge of statistical techniques, banking, Indian business law and

business environment

To enable the students to apply statistical techniques, banking policies, provisions ofbusiness law in the society.

To familiarize the students with the changing scenario in banking and business field.

To understand the role of business and entrepreneurship in society

Second Semester To impart basic knowledge of research and enable the students to apply the simple

statistical tools in business research.

To make the students explore with the fundamental principles of insurance and itspractical applicability.

To give an exposure to corporate law.

To familiarize the importance of communication in business and to build upcommunication skill among students.

Third Semester To make students aware of the modern methods and techniques in marketing

To familiarize the students with the accounting principles and the mechanism ofconducting business through electronic media

To familiarize the students with the concepts and principles of management.

To understand the practical applications of financial management concepts.

Fourth Semester To familiarize students with capital market operations and financial services.

To provide a thorough knowledge about accounting of companies. To equip students for individual freedom, initiative and enterprise by pursuing self

employment and small business entrepreneurship.

To provide an insight on KVAT and enable students to practice as tax consultants aftergraduation.



Fifth Semester To familiarize the students with the concepts and fundamentals of cost accounting

To make the students aware of the strategy, concept and methods of advertising andpromotion To acquaint students with advanced accounting principles and procedures. To familiarize the students with IT Act 1961.

Sixth Semester To enable students to identify the methods and techniques applicable for different

types of industries.

To familiarize students with economic principles and theories for various businessdecisions and its applications.

To familiarize the students with the principles and procedure of auditing and tounderstand the responsibilities of auditors.

To equip students to interpret financial statements with the knowledge of managementaccounting techniques in business decision making.

To enable the students to determine Total Income and tax payable and enable them toprepare a return and file accordingly.



Structure of Bachelor’s Programme in Commerce



Structure of Bachelor’s Programme in Commerce

The B.Com programme includes (a) Common courses, (b) Core courses,(c) ComplementaryCourses, (d) Open Courses and (e) Project. No course carries more than 4 credits. Thestudent shall select any Choice based course offered by the department which offers the corecourses, depending on the availability of teachers and infrastructure facilities, in theinstitution. Open course shall be offered in any subject and the student shall have the optionto do courses offered by other departments.

Courses

The number of Courses for the B.Com programme contains 21 compulsory core coursesand 4 choice based course from the frontier area of the core courses and a project; 2complementary courses, from the relevant subjects for complementing the core of study.There are 6 common courses which includes the English and second language of study.

Scheme of CoursesCourses No. Credits Instructional Hours

Common Courses 6 22 24

Core Courses 21 73 92

Project 1 2 0

Choice based core 4 13 20

Complementary

courses I& II2 7

10

Open Courses 1 3 4

Total 35

88(Core)

7 (Complementary)

3 (Open course)

22 (Common)

112 (Core)

10 (Complementary)

4 (Open course)

24 (Common)

Grand Total35 120 150



SL. NO. Common/Core/Complementary

COURSE TITLE CREDIT HOURS

7 Common Language- English 4 58 Common Language – Second Language: 4 49 Core 4 Quantitative Techniques for Business

Research3 4

10 Core 5 Principles of Insurance 3 411 Core 6 Corporate Regulations & Governance 3 412 Common

Core 2Business Communication &Management Information System

4 4

21 25



13 Common Language- English 3 314 Core 7 Marketing Management 4 515 Core 8 Financial Accounting 4 516 Core 9 Business Management 2 417 Common

Core 3E-Commerce & General Informatics 4 3

18 Core(Optional) 1

Financial Management 3 5

20 25

Detailed Distribution of Courses for Bachelor’s Programme in Commerce

B.COM PROGRAMME (MODEL 1, STREAM –FINANCE & TAXATION, OPENCOURSE – FUNDAMENTALS OF ACCOUNTING)

SEMESTER I

SL.No. Common/Core/Complementary


1 Common Language- English 4 52 Common Language – Second Language 4 43 Core 1 Business Statistics 3 44 Core 2 Modern Banking 3 45 Core 3 Business Regulatory Framework 3 46 Common

Core 1Perspectives & Methodology ofBusiness Studies

4 4

21 25

SEMESTER II

SEMESTER III




19 Common Language- English 3 320 Core 10 Capital Market 4 521 Core 11 Corporate Accounting 4 522 Core 12 Financial Services 2 423 Common Core 4 Entrepreneurship Development

& Project Management4 3

24 Core(Optional)2 Value Added Tax – Concepts &Practice

3 5

20 25

SEMESTER IV

SEMESTER V



25 Core 13 Cost Accounting 4 526 Core14 Special Accounting 4 627 Complementary

Course 1Advertising & Sales Promotion 4 5

28 Core(Optional)3 Income Tax Law & Practice 3 5

29 Open Course Fundamentals of Accounting 3 4

18 25SEMESTER VI



30 Core 15 Applied Cost Accounting 4 531 Core 16 Practical Auditing 3 532 Core 17 Accounting for Managerial

Decisions4 5

33 ComplementaryCourse 2

Principles of BusinessDecisions

3 5

34 Core(Optional)4 Income Tax – Assessment &Procedure

4 5

35 Project & Viva Project and Viva 220 25


ProjectAll students have to start the project at the end of the FIFTH semester which will becompleted in the SIXTH semester. There will be one teacher in charge of the entire class.One teacher in the department will supervise a group of five or six students in the projectwork. Students should identify their topics in consultation with the supervising teacher. Eachdepartment has the freedom to select the area of the project. Credit must be given to originalcontributions, so students should take care not to copy from other projects. The project reportmust have a minimum of 25 pages. There must be a bibliography at the end and prescribedmethodology of research must be followed while writing the project report. The last datepublished for submitting the project is to be adhered to.

Distribution of Courses and Credits

9 Curriculum & Syllabus 2014 admission onwards


Sl. No. Course Code Title

A. Finance & Taxation

1 COM3FM Financial Management

2 COM4VATCP Value Added Tax – Concepts & Practice

3 COM5ITLP Income Tax Law & Practice

4 COM6ITAP Income Tax – Assessment & Procedure

B. Marketing

1 COM3PBM Product And Brand

Management

2 COM4SM Service Marketing

3 COM5IM International Marketing

4 COM6MR Marketing Research

Distribution of Courses and Credits

The B.Com programme includes (a) Common courses, (b) Core courses,(c) ComplementaryCourses, (d) Open Courses and (e) Project. No course carries more than 4 credits. Thestudent shall select any Choice based course offered by the department which offers the corecourses, depending on the availability of teachers and infrastructure facilities, in theinstitution. Open course shall be offered in any subject and the student shall have the opt ionto do courses offered by other departments.

Courses

The number of Courses for the B.Com programme contains 21 compulsory core coursesand 4 choice based course from the frontier area of the core courses and a project; 2complementary courses, from the relevant subjects for complementing the core of study.There are 6 common courses which includes the English and second language of study.

Choice Based Core Course

Departments have the freedom to change current papers /choose other papers if foundrelevant. But changes should not affect number of teaching hours (workload of each teacher)of each department.

CHOICE BASED CORE COURSES (Choose any one stream)


Sl. No. Course Code Title

1 COM5FA Fundamentals Of Accounting

2 COM5BE Business Ethics

3 COM5IRM Insurance And Risk Management

4 COM5CMIM Capital Market & Investment Management

5 COM5FI Financial Investment

Open Course

All students are expected to do one open course. From the five open courses given, one opencourse has to be chosen for the fifth semester.

OPEN COURSES (Choose any one)

Scheme of CoursesCourses No. Credits Instructional Hours

Common Courses 6 22 24

Core Courses 21 73 92Project 1 2 0Choice based core 4 13 20Complementary courses I& II 2 7 10Open Courses 1 3 4

Total 35

88(Core)7 (Complementary)3 (Open course)22 (Common)

112 (Core)10 (Complementary)4 (Open course)24 (Common)

Grand Total35 120 150

Course Coding:

Every course in the programme is coded according to the following criteria.

1. The first three letters stand for the name of the discipline ie. COM.

2. One digit after COM indicates the semester.

3. Letters after the semester indicates the title of the course

4. ie COM01BS (Commerce, 1st semester, Course Title: Business Statistics).


Scheme- Core Course

The following table shows the structure of the programme which indicates course code,course title, instructional hours and credits. .

Sem

este

r

Course Code Title of the course

Number

of hours

per week

Total

Credits

Total

hours/

semester

Marks

Sessionals Finals

1

COM1BS Business Statistics 4 3 72 20 80

COM1MB Modern Banking 4 3 72 20 80

COM1BRFBusiness Regulatory

Framework4 3 72 20 80

2

COM2QTBR

Quantitative

Techniques for

Business Research

4 3 72 20 80

COM2PIPrinciples of

Insurance4 3 72 20 80

COM2CRG

Corporate

Regulations &

Governance

4 3 72 20 80

3

COM3MMMarketing

Management5 4 90 20 80

COM3FAFinancial

Accounting5 4 90 20 80

COM3BMBusiness


4

COM4CM Capital Market 5 4 90 20 80

COM4CACorporate


COM04FS Financial Services 4 2 54 20 80


5

COM5CA Cost Accounting 5 4 90 20 80

COM5SA Special Accounting 6 4 108 20 80

6

COM6ACA Applied CostAccounting

5 4 90 20 80

COM6PA Practical Auditing 5 3 90 20 80

COM6AMDAccounting forManagerial Decisions

5 4 90 20 80

Project & Viva 2 40 60

Scheme- Common Core CourseThe following table shows the structure of the programme which indicates course code,course title, instructional hours and credits. .

Sem

este

r Course Code Title of the course

Number

of hours

per week

Total

Credits

Total

hours/

semester

Marks

Sessionals Finals

1 COM1PMBS Perspectives &

Methodology of

Business Studies

4 4 72 20 80

2 COM2BCMIS Business

Communication

& Management

Information

4 4 72 20 80

3 COM3ECGI E-Commerce &

General Informatics3 4 72 20 80

4 COM4EDPM Entrepreneurship

Development &

Project

3 4 72 20 80

Scheme- Choice Based Core Courses (Choose any one stream)

Sem

este

r Course

CodeTitle of the course

Number

of hours

per week

Total

Credit

Total

hours/

semeste

Marks

Sessionals Finals

3

COM3FMA. Finance & Taxation:

Financial Management5 3 90 20 80

COM3PBM

B. Marketing:

Product And Brand

Management

5 3 90 20 80

4

COM4VATCP

A. Finance & Taxation:

Value Added Tax –

Concepts & Practice

5 3 90 20 80

COM4SMB. Marketing:

Service Marketing5 3 90 20 80

5

COM5ITLP


Income Tax Law

& Practice

5 3 90 20 80

COM5IMB. Marketing:

International Marketing5 3 90 20 80

6

COM6ITAP


Income Tax –

Assessment & Procedure

5 4 90 20 80

COM6MRB. Marketing:

Marketing Research5 3 90 20 80



Scheme- Complementary Courses

Sem

este

r

Course Code Title of the course

Number of

hours per

week

Total

Credit

Total

hours/

semester

Marks

Sessionals Finals

5 COM5ASPAdvertising & Sales

Promotion5 4 90 20 80

6 COM6PBDPrinciples of Business

Decisions5 3 90 20 80

Scheme- Open Course (Choose any one)

Sem

este

r Course

CodeTitle of the course

Number

of hours

per week

Total

Credit

Total

hours/

semester

Marks

Sessionals Finals

5

COM5FAFundamentals Of


COM5BEBusiness Ethics 4

3 72 20 80

COM5IRMInsurance And Risk


COM5CMIM

Capital Market &

Investment

Management

4 3 72 20 80

COM5FIFinancial

Investment4 3 72 20 80



Examinations



EXAMINATIONS

The evaluation of each course shall contain two parts – Sessional Assessment and FinalAssessment. The Sessional and Final Assessments shall be made using a Mark- basedGrading system based on a7-point scale. Overall Sessional: Final ratio will be maintained as20:80.

SESSIONAL ASSESSMENT

The Sessional evaluation is to be done by continuous assessment of the followingcomponents. The components of the evaluation for theory and practical and their weights areas below.

I. Distribution of sessional marks:

Attendance- 5 marks Assignment- 5 marks Test paper- 10 marks

Total -20marks

II. Attendance Evaluation

A student should have a minimum of 75% attendance. Those who do not have theminimum requirement for attendance will not be allowed to appear for the FinalExaminations.

Marks for attendance: 90% - 100% - 5marks 85% - 89% - 4 marks 80% - 84%- 3 marks 75% - 79% - 2 marks

III. Assignment/Seminar/Viva 1st to 5th semesters - Assignment/Seminar

6th semester – Seminar only

IV. Test Paper Average mark of two sessional examinations shall be taken.




FINAL ASSESSMENT

The final examination of all semesters shall be conducted by the institution on the close ofeach semester. For reappearance/ improvement, students may appear along with the next

batch.

Pattern of Questions

Questions shall be set to assess knowledge acquired, application of knowledge in lifesituations, critical evaluation of knowledge and the ability to synthesize knowledge. Thequestion setter shall ensure that questions covering all skills are set. She/he shall also submita detailed scheme of evaluation along with the question paper.

A question paper shall be a judicious mix of very short answer type, short answer type, shortessay type / problem solving type and long essay type questions.

The pattern of questions for common courses, core courses, complementary courses and opencourse offered for Bachelor of Commerce are listed below.1. The duration of examination is 3 hours.

2. Each question paper has four parts A, B, C & D.

3. Part A contains 10 questions of 1 mark each which the candidate has to answer all.

4. Part B contains 12 short answer type questions spanning the entire syllabus and thecandidate has to answer 8 questions. Each question carries 2 marks.

5. Part C contains 9 questions spanning the entire syllabus and the candidate has toanswer 6 questions. Each question carries 4 marks.

6. Part D contains 4 questions spanning the entire syllabus and the candidate has toanswer 2 questions. Each question carries 15 marks.

7. The total marks for finals without practical is 80.

Project Evaluation

Project

All students must do a project. The project can be done individually or as a group of 3students .Viva voce on the project will be conducted individually. The projects are identifiedduring the FIFTH semester with the help of the supervising teacher. The report is to besubmitted in the month of January ,SIXTH semester to the head of the department. It will beproduced before the examiners appointed by the college for valuation.

The ratio of Sessional to Final component of the project is 1 :4.The mark distribution forassessment of the various components is shown below.



1. Sessional Evaluation: 20 marks

Component MarksPunctuality 2

Innovativeness 2

Test 8

Presentation 8

Total 20

II. External Evaluation of Dissertation: 80 marks

Component Marks

Relevance of topic 20

Statement of Objectives 8

Methodology 6

Presentation of facts andfigures

8

Quality of Analysis 8

Viva Voce 30

Total 80



A) is��calc�ulat�� ed� as��)�� (��)

COMPUTATION OF CCPA

Grade and Grade Point is given to each course based on the percentage of marks obtained asfollows:

Percentage ofMarks

Grade GradePoint

90 and above A+ - Outstanding 1080-89 A - Excellent 970-79 B - Very Good 860-69 C - Good 750-59 D - Satisfactory 640-49 E - Adequate 5

Below 40 F - Failure 4Note: Decimal are to be rounded to the next whole number

CREDIT POINT AND CREDIT POINT AVERAGE

Credit Point (CP) of a course is calculated using the formula

CP = C x GP, where C = Credit for the course; GP = Grade point

Semester Credit Point Average (SCP

SCPA= (where TCP = Total Credit Point; TC = Total Credit

Grades for the different semesters / programme are given based on the corresponding SCPAon a 7-point scale as shown below:

SCPA Grade

Above 9 A+ - Outstanding

Above 8, but below or equal to 9 A - Excellent

Above 7, but below or equal to 8 B -Very Good

Above 6, but below or equal to 7 C - Good

Above 5, but below or equal to 6 D - Satisfactory

Above 4, but below or equal to 5 E - Adequate

4 or below F - Failure


Cumulative Credit Point Average for the programme is calculated as follows:

CCPA =

where TCP1…….., TCP6are the Total Credit Points in each semester and TC1…….., TC6 arethe Total Credits in each semester

Note: A separate minimum of 30% marks each for Sessionals and Finals (for both theory andpractical) and an aggregate minimum of 40 % is required for the pass of a course. For pass in aprogramme, a separate minimum of Grade E is required for all the individual courses. If acandidate secures F Grade for any one of the courses offered in a Semester/Programme onlyF grade will be awarded for that Semester/Programme until he/she improves this to E grade orabove within the permitted period. Candidate who secures E grade and above will be eligiblefor higher studies.




SYLLABI FOR CORE COURSES



SEMESTER 1

Name of the Course: Business Statistics

Total Lecture Hours: 72

Aim of the course: To extend the applicability of statistical techniques in routine affairsand in conducting research.

Course Overview and Context:

The course covers meaning and definition of business statistics, functions of statistics,importance, limitations and distrust of statistics, collection, classification and tabulationof data, measures of central tendency, measures of dispersion, co-efficient of variation,skewness, a brief study on kurtosis and moments, index numbers, methods ofconstructing index numbers, test of consistency, time series analysis, its components,methods of determination of trend, moving averages, methods of least squares.

Syllabus Content:

MODULE-1 Business Statistics- Introduction-Meaning and Definition-Functions ofStatistics- Importance of Statistics-limitations of Statistics-Distrust of Statistics(12hrs)

MODULE-2 Measures of Central tendency-concept-Mean, Median-Mode- GeometricMean-Harmonic Mean-merits and demerits (10hrs)

MODULE-3 Measures of dispersion-Concept-Absolute and relative measure-Range-Inter quartile range-Quartile Deviation-Mean Deviation-Standard Deviation- Meritsand Demerits-Relevance and applications in Business-Co-efficient of variation-Skewness-Kurtosis– Moments(Brief Study only). (10hrs)

MODULE-4 Index Numbers-meaning-Importance-Characteristics and uses of IndexNumbers-Price Index-Quantity index-Value based index numbers-Methods ofconstructing index numbers-Laspeyers, Paasche’s and Fisher’s Ideal Index numbers-Test of consistency-problems in construction of index numbers-Cost of living indexnumbers and its uses. (25hrs)

MODULE-5 Time series Analysis-Meaning-Definition-Components of time series-Methods of determination of trend-Methods of moving average-Methods of leastsquares-Scope in business (15hrs)



Competencies of the course:

(i) Understand the concept of business statistics and its importance.(ii) Identify importance, limitations and distrust of statistics.(iii) Understand the measures of central tendency, merits and demerits of each of

them.(iv) Understand the concept of measures of dispersion.(v) Describe the merits and demerits of measures of central tendency.(vi) Recognise the relevance and applications of measures of dispersion.(vii) Understand the concepts of skewness, kurtosis and moments.(viii) Describe the meaning, importance, characteristics and uses of index numbers.(ix) Describe the methods of constructing index numbers.(x) Identify the problems in construction of index numbers.(xi) Describe the meaning, definition and components of time series analysis.(xii) Identify the methods of determination of trend.(xiii) Understand the methods of moving average and methods of least squares.

Learning Resources

1. Business Statistics by L. R. Potti.2. Gupta, S.P, Statistical Methods.3. Gupta, C.B, Introduction to statistics.4. Desai, S.S, Business Statistics,.5. Gupta, S.C, Fundamentals of Statistics.6. Elhance.D.N, Fundamentals of Statistics.7. Business Statistics, L.R Potty.8. B.M.Aggarwal, Business Mathematics and Statistics.

COM1BS – BUSINESS STATISTICS

Modules Hours 1 mark10/10

2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 12 2 1 2 0 5Module 2 10 3 4 3 1 11Module 3 10 3 2 1 2 8Module 4 25 1 2 1 1 5Module 5 15 1 3 2 0 6



Reg. No. ...............................

Name ..................................

B.COM DEGREE (C.B.C.S.S) EXAMINATIONFIRST SEMESTER

CORE 1- COM1BS – BUSINESS STATISTICSTime : Three Hours Maximum : 80 Marks

Part A (Short Answer Questions)

Answer all questions. Eachquestion carries 1 mark

1. State two different meanings of the word ‘Statistics’.2. Define median.3. What is statistical average?4. What are the positional averages?5. What is meant by ‘random fluctuations’?6. Define Quartile Deviation.7. Define Variance.8. Define skewness.9. Write note on measure of kurtosis.10. What arte price index numbers?

Part B (Brief Answer Questions)(10 x 1 = 10)

Answer any eight questionsEach question carries 2 marks.

Examine the use of statistics in economics.11. What are the desirable properties of an ideal average?12. Under what circumstances Weighted Arithmetic Mean is a preferable measure.13. Explain the merits and limitations of harmonic mean.14. What are the algebraic properties of Geometric mean?15. Discuss the method of locating mode graphically.16. Average monthly production of a certain factory of the first 9 months is 2584 units, and for

remaining 3 months is 2416 units. Calculate anerage monthly production for the year.17. In a moderately asymetrical distribution, the mode and mean are 32.1 and 35.4 respectively.

Calculate median.18. Briefly discuss any four limitations of Standard Deviation.19. Eight coins were tossed together. The number of heads is given below. Find the mean:

No. of heads : 0 1 2 3 4 5 6 7 8No. of students : 1 9 26 59 72 52 29 7 1

20. In a distribution, the difference of the two quartiles is 15, their sum is 35 and median is 20.Find the co-efficient of skewness.

21. The first four moments of a distribution are 0, 2.5, 0.7 and 18.75. Comment on the kurtosisof the distribution.

22. Define Median and Mode and explain how far they satisfy the requisites of a good average.

(8 x 2 = 16)25 Curriculum & Syllabus 2014 admission onwards



Part C (Short Essay Type Questions)Answer any six questions

Each question carries 4 marks.23. Calculate Median wage of workers from the following data.

Wage : 40 45 50 52 58 60No. of workers : 3 12 20 15 10 8

24. For a group containing 100 observations the mean and the standard deviation are 8 and√10.5. For 50 observations selected from them mean and SD are 10 and 2 respectively. Findthe mean and SD of the other half.

25. How do you calculate mode by graphical method? Illustrate with an example.26. Calculate Karl Pearson’s co-efficient of skewness from the following data.

Income in Rs. ; 25, 30, 27, 35, 41, 62, 37, 40, 50, 4527. Explain the various problems involved in construction of index numbers.28. Explain the various components of time series.29. Calculate the trend assuming a three yearly moving cycle:Year : 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003Production(lakh tons): 19.2 19.3 18.1 20.2 25.3 24.9 23.2 24.3 25.2 26.330. Find the mode from the following data:

Size of items: 32, 85, 62, 32, 52, 62, 85, 84, 95.

Part D (Long Essay)Answer any two questions

Each question carries 15 marks.31. From the following data, calculate the modal value.

(6 x 4 = 24)

Weight (kgs) : 10-20 20-30 30-40 40-50 50-60 60-70 70-80 80-90No. of persons : 4 6 20 32 33 17 8 2

32. Goals scored by Team A and Team B are as follows. Find which team is more consistent.No. of goals scored : 0 1 2 3 4Team A : 27 9 8 5 4Team B : 17 9 6 5 3

33. From the following table, calculate Bowley’s Co-efficient of skewness:Size of item : 0-9 10-19 20-29 30-39 40-49 50-59 60-69Frequency : 10 15 20 25 10 12 8

34. From the following data, calculate Fisher’s Ideal index number and prove that Fisher’sformula satisfy the time reversal test and factor reversal test.

Base Year Current YearItems Price Quantity Price QuantityRice

WheatPotatoOnion

Oil

624108

50100603040

10261212

56120602436

**********************(2 x 15 = 30)



Name of the Course:MODERN BANKING


Aim of the course:

To provide a basic awareness on banking.To impart clear knowledge on banking transactions.To familiarise the students with the innovative products of banks.


The course covers the evolution of banks,meaning and classification of banks,RBI andits powers,Retail banking and its various products,meaning of EMI,Innovations andreforms in banking,Relationship between banker and customer,Different types of bankaccounts,Crossing of cheques,Rural banking and agricultural Debt relief.

Syllabus Content:

MODULE-1 Introduction-Origin and Evolution of banks-Meaning and definitionofBanking-Nationalization of banks-Classification of banks-Functions of commercialbanks-Reserve Bank of India & its powers-Credit creation function of RBI….(10hrs)

MODULE-2 Retail banking-Products and services-Its business and composition-Housing loans-Vehicle loans-personal loan-Education loan-Farm loan- Computation ofinterest-Fixed rate-Floating rate-EMI-Value added Service. ………………….(20hrs)

MODULE-3 Innovations and reforms in banking-Social banking-Lead bank scheme-Offshore banking-Hi-Tech banking-Debit and credit card-EFT-RTGS-Tele Banking-Internet banking-Banking ombudsman-Banking sector Reforms-Capital adequacynorms-NPA-Its management-Consortium Banking- Cheque Truncation system-E-Purse.(20hrs)

MODULE-4 Banker and customer-Meaning and definition-Relationship-Generalandspecial features-Rights and obligation-Opening of accounts-Different types ofaccounts-Closing of accounts-Cheque crossing and endorsement-………………….(12hrs)

MODULE-5 Rural banking-Rural credit-Objective-Deposit mobilisation- Microfinance-priority sector advances-Agriculture debt relief (Inclusive of enactment)……(10hrs)




1. Understand the evolution and meaning of banks.2. Identify the meaning of Nationalisation of banks.3. Recognise the powers of Reserve Bank of India.4. Describe the various products of Retail banking.5. Gives an idea on changing scenario of banking sector.6. Identify the innovations and reforms in Banking sector.7. Recognise the relation between banker and cutomer.8. Describe the various modes of crossing of cheques.9. Destinguish between crossing & endorsement.10. Identify the importance of Rural banking.11. Give a brief idea on Agicultural Debt relief.12. Recognise the importance of microfinance & priority sector advances.

Learning ResourcesModern Banking,Dr.Ajimon GeorgeModern Banking,Dr.GilroyRozarioMoney and banking, Theory with Indian banking, T.N. Hajeela.Banking law and practice by S.N.Maheswary.Banking theory and practice Gordon and Natarajan.Modern Banking in India, K.C.Sharmma.Modern Banking of India, O.P. Agarwal.Banking- Theory, Law and Practice, Gorden and Natarajan.Banking- Theory, Law and Practice, Nirmala Prasad and Chandradas.

COM1MB – MODERN BANKING


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




Reg. No. ...............................Name ..................................


CORE 2- COM1MB – MODERN BANKINGTime : Three Hours Maximum : 80 Marks



1.Define Scheduled Bank.2. What is E.M.I.?3.What is fixed deposit?4. What is bearer cheque?5.Explain micro financing.6.What is NEFT?7.Explain floating rate of interest.8. Define general lien.9.What is special endorsement?10. What is Kissan Card?

(10 * 1= 10)

Part B (Brief Answer Questions)

11.What is mutilated cheque?

Answer any eight questions.Each question carries 2 marks.

12.Explain the term loans creates deposits.13.Explan the term cash credit.14.What are the advantages of internet banking?15.What is retail banking?16.Explain the term financial inclusion.17. What is an order cheque?18. What is core banking?19. What do you mean by priorty sector advancing?20. Who is banking ombudsman?21. What is the purpose of of bridge loan?22. What is ATM? (8 * 2 = 16)

Part C (Short Essay)Answer any six questions.

Each question carries 4 marks.23. How does debit card and credit card differ?



24. What are the different types of bank accounts?25.What are the reasons for nationalization of commercial banks?26. What are the reasons or causes of NPA?27. How can we say the relationship between banker and customer as debtor creditor relationship?28. Explain the importance of agriculture debt relief scheme.29. What are the requisites of a valid cheque?30. How to open an account in the name of minor?31. Explain different types of crossing of cheques.

Part D(Essay)Answer any two questions. Each

question carries 15 marks.32. What are the functions of commercial banks?33.Explain the different general relations exist between a banker and customer.34. Elucidate the general and special relationship between a banker and customer?35.How banks meet the needs of rural people?

(6x4=24)

(15*2 = 30)

*******************************



Name of the Course:BUSINESS REGULATORY FRAMEWORK


Aim of the course:

To create an awareness among the students about the relevant facets of Contracts Actsand Sale of Goods Act.


The course provides a deep knowledge about the law of contracts and how to enter intoa contract. Special contracts and Sale of Goods Act are discussed in detail.

Syllabus Content:MODULE-ILaw of Contracts -The Indian Contract Act, 1872 Definition of contract , Law ofcontracts Nature of contract Classifications Essential elements of a contract, Offer andacceptance, consideration, capacity of parties, Minors, persons of unsound mind,persons disqualified by law, Free consent, legality of object and consideration,performance of contract, discharge of contract, breach of contract, remedies for breachof contract, Quasi contract, Performance.(20hrs)

MODULE-2Special Contracts - Bailment and Pledge, Bailment Definition, Essential elements,Rights and duties of bailor and bailee, Finder of lost goods, Pledge, Essentials Rightsand duties of Pawner and Pawnee.(15hrs)

MODULE-3Indemnity and Guarantee- Indemnity, Definition, nature of liability of surety, rights ofsurety, discharge of surety. Meaning and definition of guarantee.(10hrs)

MODULE-4Law of Agency Essentials, kinds of agents, rights and duties of agent andprincipal,creation of agency, termination of agency, Sub agents and substitutedagentrelationship(12hrs)

MODULE-5 Sale of Goods Act, 1930, Formation of contract of sale, Essentials ofcontract of sale, goods and their classification, Condition on warranties ,Transfer ofproperty inGoods, Performance of contract of sale, Unpaid seller and his rights.(15hrs)



Competencies of the course:C1: Create awareness on the nature and importance of offers and acceptances.C2: Familiarize the students about the contract act.C3: Understanding the duties and powers of bailor and bailee.

C4: Creating an insight into the sale of goods act.C5: Develop adequate knowledge about contract of indemnity and guarantee.

Learning Resources1. Kapoor. N.D : Business Law2. Chandha.P.R : Business Law3. Garg and Chawla: Fundamentals of Business Laws4. Tulsian.P.C : Business Laws5. B.S.Moshal : Modern Business Law.

COM1BRF – BUSINESS REGULATORY FRAMEWORK


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




Reg. No. ...............................Name ..................................


CORE 3- COM1BRF – BUSINESS REGULATORY FRAMEWORK

Time : Three Hours Maximum : 80 Marks


1. Define consideration.2. Define bailor and bailee.3. Who is a sub agent?4. Define free consent.

Answer all questions.Each question carries 1 mark

5. What is meant by ‘Nudum pactum’?6. Explain the term “NEMO DAT QUOD NON HABET”.7. Define “Goods” under sale of goods act.8. What is general lien?9. Who is a minor?10. What is capacity to contract?

Part B (Brief Answer Questions)(10 x 1 = 10)


11. What is a continuing guarantee?12. The principle of estoppel is not applicable to minors. Why?13. Who is a mercantile agent?14. What are the exceptions to the general rule that a stranger to a contract cannot sue?15. Briefly explain ‘right in personam’ and ‘right in rem’.16. Explain the right to compensation and right to reimbursement in bailment17. Distinguish between symbolic delivery and constructive delivery?18. When does an agreement of sale become sale?19. Differentiate between unilateral and bilateral mistakes.20. Explain the nature and extent of surety’s liability21. What is the doctrine of ‘caveat emptor’?22. Explain time barred debt.

(8 x 2 = 16)



Part C (Short Essay Type Questions)

Answer any six questionsEach question carries 4 marks.

23. Differentiate between wager and contingent contracts.24. Explain suit upon ‘quantum meruit’. When does a claim on quantum meruit rises?25. What are the implied conditions in sale of goods act?26. Who are competent to contract?27. Contracts with minors are void. Explain and state the exceptions28. Distinguish between coercion and undue influence.29. What are different kinds of agents?30. Explain position and status of finder of lost goods31. All Contracts are agreements but all agreements are not contracts. – Elucidate

(6 x 4 = 24)

Part D (Long Essay)

Answer any two questionsEach question carries 15 marks.

32. Explain the essential features of the consideration. What are the exceptions to the rule thatan agreement without consideration is void?

33. Define the contract of sale. Who are the parties to the contract of sale? What are theirrights?

34. What are the rights and duties of Pawner and Pawnee?35. What is privity of contract? What are its exceptions?

(2 x 15 = 30)

Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamName of the Course: Perspectives & Methodology of Business Studies


Aim of the course:

To enable the students to undertake business activities


To understand the business and its role in the society

Syllabus Content:

MODULE – 1 Role of business in economic development: Indian developmentexperience, role of public and private sectors in the post-colonial period, experience ofliberalization and globalization. Different stakeholders of business firm owners,managers, employees and others. Emergence of managerialism and the role of corporategovernance; the goals of business, shareholder value maximization and its alternatives;goals for public sector, co- operatives and nonprofit enterprises. Government regulationof business- objectives, methods and problems. (Brief Study only)(15hrs)

MODULE-2 Establishing business: entrepreneurship, legal, physical, financial, social,andpsychological environments for entrepreneurs- Individual and group entrepreneurs,intrapreneurs . Mobilization of financial resources for business, Individual savings,Domestic savings in India, Factors affecting savings, Loans and advances, Sources offunds, Markets for raising money,Short term and long term funds- Lending institutionsfor business funds,Banks and non banking financial institutions, Cost of capital,documenting, funding sources and areas of expenses- accounting and accountingpractices, Return on investment- Factors of production and rewards to factors likepayment of wages, rent, interest and profits- Payment to Government- Taxes, direct andindirect- State and national levels- Funds from the primary and secondary markets-Stock exchanges and their role, stock broking, stock exchange cues. (Brief Study only)(20hrs)

MODULE-3 Man power, organization & management strategies: Role of trainedmanpower for enhanced quality at individual, family, organizational and national level.Functioning of organization, The role of human resources, Management problems insmall, medium and large organizations, Quality of life, Production of tangible andintangible products, Marketing and its role, Trends and Developments in StrategicManagement, TQM, Bench Marking, Statistical Quality Control, Quality Circle,Business Process Re-engineering, Six Sigma,BPO, KPO. (Brief Study only)(15hrs)



MODULE-4 Consumer Protection Act, 1986: Rights of a consumer, Filing of appealsat the district level, state level and national level. Intellectual Property Rights, meaning,Patent rights, trademarks, Copyrights, Plagiarism. (15hrs)

MODULE-5 Right to information Act: Right to access information on specific issuesbanking Transaction, Insurance transaction, government dealings and related services.(7hrs)


C1:Understand business theory and other related knowledgeC2: Use the existing knowledge of business theory and other related knowledge to solveproblems and make decisionsC3: Be creative and innovative within a business contextC4: critically analyse a business situation

Learning Resources

1. Keith Davis and William C.Frederick : Business and Society

Management, Public Policy, Ethics.

2. Peter F. Drucker : Management Tasks, Responsibilities, Practices.

3. Peter F Drucker : The Practice of Management.

4. Consumer Protection Act-1986 and its amendments.

5. Right to Information Act

COM1PMBS– PERSPECTIVES AND METHODOLOGY OF BUSINESS STUDIES


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




3737


Reg. No. ...............................Name ..................................


COMMON CORE 1 – COM1PMBS– PERSPECTIVES AND METHODOLOGY OFBUSINESS STUDIES

Time : Three Hours Maximum : 80 Marks

Part A (Short Answer Questions)Answer all questions. Each

question carries 1 mark

1. What is cost of capital?2. What is meant by stock broking?3. What is trademark?4. What is IPR?5. What is Six Sigma?6. What is cash credit?7. What is meant by disinvestment?8. Who is a stakeholder?9. What is globalisation?10. What is right to informatioin? (10 * 1= 10)

Part B (Brief Answer Questions)Answer any eight questions.

Each question carries 2 marks.

11. What is corporate governance?12. Explain about shareholders value maximisation.13. What are the features of business environment?14. What is FDI?15. What is Managerialism?16. What is TQM?17. What are the objectives on nonprofit enterprise?18. Explain the features of strategic management.19. Explain the features of primary market.20. Explain regulation of business.21. What is meant by return on investment?22. What is IPO? (8 * 2 = 16)


3838


Part C (Short Essay)Answer any six questions. Each

question carries 4 marks.

23. State the importance of business environment analysis.24. What are the major objectives of corporate governance?25 What are the methods of raising funds from primary market?26. Explain the role of human resources in an organisation.27. Distinguish between entrepreneur and intrapreneur.28. Discuss the major objectives of HRM?29. Explain the features of quality of working life.30. State the features of ROI.31. Explain the various sources of long term finance. (6 * 4 = 24)

Part D (Essay)Answer any two questions.

Each question carries 15 marks.32. Illustrate the Indian experience of liberalisation, privatisation and globalisation.33. Discuss management problems in small, medium and large organisations.34. Explain about RTI. State the obligations of public authorities in RTI Act.35. How does Consumer Protection Act safeguards the interest of consumers.? (2*15 = 30)

*************


Semester II

Name of the Course: Quantitative Techniques for Business Research

Total Lecture Hours:72

Aim of the course:

To provide knowledge in various statistical techniques which can be used for businessanalysis and problem solving.


The course covers meaning of research, types of research, research process, primary andSecondary Data, methods of data Collection, census and Sampling-methods, probabilitysampling and non probability sampling, Cross tabulation, analysis of data, correlation,types of correlation, methods of correlation, regression analysis, regression equationsunder algebraic method, theory of probability, testing of hypothesis, null hypothesis andalternative hypothesis, level of significance, degree of freedom, type I and Type IIerrors, chi- square test, test of goodness of fit, report writing, characteristics of a goodreport, contents of a report, bibliography.

Syllabus Content:

MODULE 1: Research-Meaning-Definition-Business Research-Types of Research(Pure, Applied, Exploratory, Descriptive, Empirical, Analytical, Qualitative andQuantitative)-Research process- Primary and Secondary Data-Methods of dataCollection- Census and Sampling-methods (Probability sampling and non-probabilit ysampling) Cross tabulation-Analysis of data. (17Hrs)

MODULE 2 Correlation (Un grouped data Only)- Concept-Types of Correlation-methods- Karl Pearson s Co-efficient of correlation-Spearmans Rank correlation co-efficient-probable error-Regression analysis (Un grouped data Only)-Concepts-lines ofRegression-Regression Equation under Algebraic method and standard error.(20hrs)

MODULE 3 :Theory of Probability- meaning- definition- basic terms- concepts-approaches to assigning probability. (8 hrs)

MODULE-4 Testing of Hypotheses-Procedure-Null hypotheses-AlternativeHypotheses-Level of significance-Degrees of freedom-Type 1 Error-Type 11Error(theory only)-Chi-square test-Condition for validity of Chi-square test-Testforgoodness of fit-test for independence (both theory and problems) (22 hrs)

MODULE-5 Report writing-Integral part of report-Characteristics of a good report-Contents of a report-Bibliography. (5hrs)39 Curriculum & Syllabus 2014 admission onwards

Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamCompetencies of the course:

(i) Understand the meaning of business research.(ii) Describe the types of research.(iii) Identify the sources of data and methods of data collection.(iv) Understand the analysis of data.(v) Understand correlation and different types of correlation.(vi) Understand the different methods of calculating correlation.(vii) Understand the concept of regression analysis.(viii) Develop regression equation under algebraic method.(ix) Understand the theory of probability.(x) Describe the techniques of testing of hypothesis.(xi) Distinguish between null hypothesis and alternative hypothesis.(xii) Understand level of significance and degree of freedom.(xiii) Understand type I and type II errors.(xiv) Describe chi- square test.(xv) Recognise the conditions for validity of chi- square test.(xvi) Understand goodness of fit.(xvii) Identify f- test as a test for difference between sample standard deviation.(xviii) Describe the steps in report writing.(xix) Understand the characteristics of a good report.(xx) Identify the contents of a report.(xxi) Understand the term bibliography.

Learning Resources1. Quantitative Techniques for Business Research by L. R. Potti.2. Gupta, S.P, Statistical Methods.3. Gupta, C.B, Introduction to statistics.4. Desai, S.S, Business Statistics.5. Gupta, S.C, Fundamentals of Statistics.6. Elhance.D.N, Fundamentals of Statistics.7. Kothari, C.R, Research methodology.8. Sekharan, Uma, Research Methods.9. Collis, Business Research.

COM2QTBR – QUANTITATIVE TECHNIQUES FOR BUSINESS RESEARCHModules Hours 1 mark

10/102 marks

8/124 marks

6/915 marks

2/4Total

26/35





Reg. No : ………………..Name : …………………

B.Com DEGREE (C.B.C.S.S) EXAMINATIONSECOND SEMESTER

CORE 4- COM2QTBR – QUANTITATIVE TECHNIQUES FOR BUSINESS RESEARCH

Time: 3 Hours Maximum: 80 MarksPart A

Answer all questions. (Each question carries 1 mark)

1. What is probability sampling?

2. What do you mean by a summary report?

3. What are the sources of data?

4. Define correlation.

5. What is null hypothesis?

6. What do you mean by degree of freedom?

7. What is appendix in a research report?

8. What do you mean by a sample?

9. What is meant by line of best fit?

10. What are mutually exclusive events? (10 × 1 = 10 marks)

Part BAnswer any eight questions. (Each question carries 2 marks)

11. What are one tailed and two tailed tests?

12. What are the characteristics of chi-square test?

13. What is a contingency table?

14. Explain Baye’s Theorem.

15. Give the A Priori definition of probability.

16. How many 4 digit numbers can be formed with the digits 3, 4, 5, 6, 7 not by repeating any of

these digits?

17. What are Type I and Type II errors?

18. If r = 0.89, P .E = .023, find the value of n.

19. What is stratified sampling?

20. What is the multiplication rule of probability?

21. What do you mean by law of statistical regularity? What is conditional probability?22. What are the regression coefficients?

( 8 × 2 = 16 marks)



Part CAnswer any six questions. (Each question carries 4 marks)

23. A card is drawn from a pack of cards. What is the probability that it is (i) a black card (ii) a king

(iii) a queen (iv) a spade (v) a spade king (vi) a king or a queen.

24. A systematic sample of 100 pages was taken from the Concise Oxford Dictionary and the

observed frequency distribution of foreign words per page was found to be as follows.

No. of foreign words per page (x): 0 1 2 3 4 5 6

Frequency (f): 48 27 12 7 4 1 1

Test whether the distribution conforms to poisson distribution.

25. Explain the theoretical basis of sampling.

26. What are the differences between questionnaires and schedules?

27. The data given below pertain to the price and demand for a particular commodity over a period

of 5 years. Compute the correlation coefficient between price and demand.

Price (in Rs/Q) : 7 8 9 6 5

Demand in tons : 8 6 7 9 10

28. Fit a normal distribution to the following data and test the goodness of fit using chi-square test.

Class : 5-9 10-14 15-19 20-24 25-29

Frequency: 10 22 40 21 7

29. The coefficient of rank correlation of the marks obtained by 10 students in Statistics and

Accountancy was 0.2. It was later discovered that the difference in ranks in the two subjects of

one of the students was wrongly taken as 7 instead of 9. Find the correct result.

30. Explain hypothesis. What are different types of hypothesis?

31. In a merchantile firm 4 posts fall vacant and 35 candidates apply for the posts. In how many

ways can a selection be made,

(i) If one particular candidate is always included.

(ii) If one particular candidate is always excluded. (6 × 4 = 24 marks)

Part D

Answer any two questions. (Each question carries 15 marks)

32. Obtain the rank correlation coefficient for the following data.

X: 68 64 75 50 64 80 75 40 55 64



Y: 62 58 68 45 81 60 68 48 50 70

33. Ten competitors in a beauty contest are ranked by three judges in the following order.

First judge : 1 6 5 10 3 2 4 9 7 8

Second judge: 3 5 8 4 7 10 2 1 6 9

Third judge : 6 4 9 8 1 2 3 10 5 7

Use the correlation coefficient to discuss which pair of judges has nearest approach to common

taste in beauty.

34. In a partially destroyed record of an analysis of correlation data the following results are only

legible.

Variance of x = 9

Regression equations: 8x – 10y + 66 = 0

40x – 18y = 214

Find: (i) the mean values of X and Y (ii) the coefficient of correlation (iii) the standard

deviation of Y.

35. What are the different types of reports? Briefly explain the principles in report writing.

( 2 × 15 = 30 )



Name of the Course: PRINCIPLES OF INSURANCE


Aim of the course:

To create an awareness among the students about the nature of insurance and theprinciples that governs insurance


The course provides a deep knowledge about the insurance business in India. Types ofinsurance policies are discussed in detail. Important policy conditions for Life insurance,Marine insurance and Fire insurance are stated.

Syllabus Content:

MODULE-1 Introduction-Definition, Features, Role and importance, Functions-Insurance contract-principles of Insurance-Insurance and assurance-Types of insurance-Life insurance and General insurance-Introduction to IRDA Act.(12hrs)

MODULE-2 Life insurance- History, features-Controller of life Insurance-classificationof policies-surrender value-Introduction to Actuarial science-bonus- Policy conditions-application and acceptance-prospectus proposal forms and other related documents-Ageproof-Special reports-assignments- Nomination-loans-surrender-Fore closure-Policy-Maturity claims-survival benefit-Payments death claims-Waiver of evidence of title-Earlyclaims-Claim concession-Presumption of death-Accident and disability benefits-Settlement options.(20hrs)

MODULE-3 Marine Insurance-Nature of General Insurance policies-Fundamentals ofMarine Insurance Contract-Forms of Marine Insurance policies-Types of policies-Policyconditions-Clauses-marine losses-Payment of claims-Claim procedures(12hrs)

MODULE-4 Fire Insurance-Nature and use-Contracts-kinds of policies-Policy conditionclauses- Payment of claims-Role of Fire insurance-Re-insurance-Types, Advantages-Miscellaneous Insurance- Health insurance-Motor insurance-Burglary and personalaccident Insurance in India-Urban-non-traditional Insurance-CGHS-UHIS-Agricultureinsurance-Group life insurance-Types of insurance for a small business(15hrs)

MODULE-5 Accounting and Finance Accounting for insurance business Compliancewith IRDA rules Taxation. Investments evaluation of investments Capital structure - Costof capital Solvency margin and compliance.(13 hrs)



Competencies of the course:C1:Familiarize students about the terms, and concepts of insuranceC2: Awareness about life insurance policy and its typesC3: Familiarize Policy conditions and clauses of fire insurance.

C4: Understanding the perils which are covered under marine insurance..C5: Identify the types of insurance suitable for a small business.C5: Awareness about IRDA rules for accounting in insurance

Learning Resources

1. Mishra.M.N : Insurance Principles and Practice2. Pande : Insurance Principles and Practice3. Mathew.M.J : Insurance Principles and Practice4. Arthur Williams.C, Jr., Michael L.Smith, Peter C Young : RiskManagement and Insurance5. Gupta O.S : Life Insurance

COM2PI – PRINCIPLES OF INSURANCE


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 12 2 3 2 1 8

Module 2 20 4 4 2 0 10

Module 3 12 2 4 1 1 8

Module 4 15 2 1 3 1 7

Module 5 13 0 0 1 1 2



Reg. No……………….


Name………………….

CORE- 5 - COM2PI – PRINCIPLES OF INSURANCE

Time: Three Hours Maximum Marks:80

Part AAnswer all questions.

Each question carries 1 mark

1. Define insurance2. What is endowment policy?3. What is meant by blanket policy?4. Define fire insurance.5. What is a valued policy?6. Who is an actuary?7. What is foreclosure?8. What is a rider?9. What is arbitration clause?10. Define principle of indemnity.

Part BAnswer any eight questions

(10 x 1 = 10)


11. What is re-insurance?12. Define marine insurance13. What do you mean by surrender of policy?14. What is subrogation?15. Distinguish between insurance and assurance16. What is Jettison clause in a marine policy?17. What do you mean by hull insurance?18. Write a short note on social insurance19. What is solvency margin?20. What is average clause?21. What do you mean by ‘principle of contribution’?22. What is floating policy?

(8 x 2 = 16)



Part CAnswer any six questions


23. What are the functions of insurance?24. What are the powers of IRDA25. Breifly explain life annuity26. Explain the role of actuaries in insurance business27. Discuss the features of fire insurance contract28. Breifly explain the classification of marine insurance29. What are the benefits of life insurance?30. Distinguish between Re- insurance and double insurance31. What are the final accounts of insurance companies?

(6 x 4 = 24)

Part DAnswer any two questions


32. Explain the different types of life insurance policies33. Explain the different principles of insurance34. What are the different types of fire insurance policies?35. Describe the various clauses in a marine policy

(2 x 15 = 30)



Name of the Course: CORPORATE REGULATIONS AND GOVERNANCE


Aim of the course:

This paper is intended to expound in clear and analytical manner the statutes relating tocompanies.


This course provides a detailed knowledge about the administration and management ofcorporate form of business. It also gives a firsthand exposure to corporate laws, especiallyIndian Companies Act 1956.

Syllabus Content:

MODULE-1Company, Definition, Characteristics, Advantages and Disadvantages, Illegal Association,corporate veil, Lifting the corporate veil, promotion Promoter, position, Incorporation-procedure-Documents to be filed-Certificate of incorporation, Procedure, Effect ofregistration, Pre-incorporation contract, memorandum of association-Articles ofassociation-Doctrine of ultravires, doctrine of indoor management-Doctrine of constructivenotice Prospectus, registration, Contents, statement in lieu of prospectus, Deemedprospectus-Shelf Prospectus, Red herring, Abridged prospectus, liability for misstatementin prospectus, commencement of business.(20hrs)

MODULE-2 Management and Administration, Directors-appointment, Qualification andDisqualification, Qualification shares, position of directors-powers and duties, Retirement,vacation of office, Liabilities of directors, Removal of directors.(10hrs)

MODULE-3 Corporate Governance-meaning, Background-importance, CG in India,statutory Measures, SEBI regulation, Clause 49 of listing agreement, Constitution of boardof directors, Audit committee, Provisions under section 292A of Companies Act-Remuneration of directors, Board procedure, CEO/ CFO certification-Role of management-Information to shareholders, CG Report, Non mandatory requirements ie., Chairman ofboard, Remuneration committee, Shareholders rights, Postal ballet, whistle blower policy,Benefitsof Corporate Governance.(15hrs)

MODULE-4Company meetings, Kinds of companies, essentials of valid meeting, Chairman, agenda,Minutes, Quorum, Motion, Types of motion, Interruption of debate, Proxy, poll, Modes ofpoll, Resolution, Types of resolution, Motion vs. Resolution.(17hrs)




2 marks8/12

4 marks6/9

15 marks2/4

Total26/ 35


MODULE-5Winding up of companies, Modes, Compulsory winding up, Grounds and procedure,Liquidator, Duties and functions, Contributories, Voluntary winding up, Types, Windingup under the supervision of the court, Effects of winding up, Defunct companies.(10hrs)


C1: Creating an overall idea about Companies Act 1956.C2: Understand requisites of a valid meeting.C3: Creating an idea about appointment and qualifications of directors.C4: Enable them to acquire knowledge about different types of companiesC5: Understanding the different grounds and procedures of winding up of companies.

Learning Resources1.M.P.Tanton, Text book of Company Law2. R.R.Gupta, and V.S.Gupta, Indian Company Law3. M.C.Kuchaal, Secretarial Practice4. Ashok K Bagrial, Company Law5. Indian Companies Act with amendments.6. Corporate Law and Governance, L.R.Potty

COM2CRG - CORPORATE REGULATION AND GOVERNANCE



Reg. No……………….Name………………….


CORE 6 –COM2CRG - CORPORATE REGULATION AND GOVERNANCE


Part A


1. Define Joint Stock Company.2. What do you mean by artificial legal person?3. What is a Red Herring prospectus?4. What do you mean by minimum subscription?5. Define Corporate Governance.6. What do you mean by OCED guidelines?7. What do you mean by Quorum?8. Who is a contributory?9. What do you mean by extra- ordinary general meeting?10. What do you mean by Defunct Company?

(10 x 1 = 10)

Part B (Brief Answer Questions)Answer any eight questions

Each question carries 2 marks.11. Write down the contents of a statutory report.12. What are the different principles that kept in mind while drafting an agenda?13. Write a short note on Naresh Chandra committee.14. Explain the limitations on power to alter articles.15. Explain (a) Abridged prospectus & (b) Shelf prospectus.16. Explain the golden rule for framing a prospectus.17. What do you mean by one man companies?18. What do you mean by corporate veil?19. Explain the importance of corporate governance.20. Write down the powers & duties of an audit committee.21. Explain the restrictions on powers of board of directors.22. Explain different rules to be followed with regard to an amendment to a motion.

(8x2=16)



Part C (Short Essay Type Questions)Answer any six questions

Each question carries 4 marks.23. Distinguish between winding up & dissolution.24. Explain different methods of voting.25. Explain SEBI regulations of listing agreement.26. Explain different list of items to be included in the report of corporate governance.27. Explain the contents of a prospectus.28. Explain the duties & liabilities of a promoter.29. Explain the advantages of a private company.30. Distinguish between a private company & a public company.31. Explain different types of companies on the basis of incorporation.

(6 x 4 = 24)

Part D (Long Essay)Answer any two questions

Each question carries 15 marks.32. Explain the duties & powers of an official liquidator.33. Explain the requisites of a valid meeting.34. Explain different rules regarding Director’s remuneration.35. Explain different modes of appointment of directors.

(2 x 15 = 30)

*******************



Name of the Course: BUSINESS COMMUNICATIONS AND MANAGEMENTINFORMATION SYSTEM


Aim of the course:

1. To build up communication skill among students.2. To familiarise the importance of communication in business.3. To create awareness on the methods of communication relevant to various businesssituations.


The course covers the process of Communication, different types of Communication, Theprinciples of Effective Communication, Importance of Presentation and Listening Skills,Preparation of different types of letters for job application and Business letters, It alsocovers the Benefits and the Role of Management Information System.

Syllabus Content:

MODULE-1 Communication-Need-Process-Types-Oral-written-Verbal-Nonverbal-Internal,External- Non-verbal communication-Body language-Kinesics, Proxemics-Paralanguage Channels-Barriers-Principles of effectivecommunication……….…...(15hrs)

MODULE -2 Presentation Skills –How to make a power point presentations- Principlesof effective presentations – Listening Skills - Importance of Listening skills …….(10 hrs)

MODULE-3 Job application letters-Resume-CV-Reference and recommendation letters-Employment letters-Online application-Soft skill…………………………..(15hrs)

MODULE-4 Business letters-Parts and layout of business letters-Business enquirylettersoffersand quotation- Orders and execution-grievances and redressals.Sales letters-Follow-up letters-Circular letters-Status enquiry-Collectionletters-Preparation ofpartnership deed power of attorney…………………………………………… (20hrs)

MODULE-5 Introduction to Management Information System-Definition-Need-Benefits-Functions-Objectives-Characteristics-Role of MIS-Relationship between decision makingand MIS……..……………………………………………………………………(12hrs)

Practical work: Written communication, Power point presentations and listeningexercises can be practiced as a part of learning process.




2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 15 3 5 2 1 11Module 2 15 1 2 1 - 4Module 3 20 1 2 2 1 6Module 4 10 5 2 3 1 11Module 5 12 - 1 1 1 3


1. Understand the concept of Communication.

2. Recognise the different types of communication and how it helps for communicatingEffectively.

3.Identify the importance of Presentation Skills and how effectively presentation skillscan be used as medium of communication

4. Understand the importance of Listening Skills.

5. Distinguish between job application Letters and Business Communication Letters.

6. Recognise the importance of letter writing for job application and also for the differentpurposes in Business.

7. Describe the Benefits and Functions of Management Information System.

8. Distinguish the relationship between Decision Making and Management InformationSystem.

Learning Resources K.G.C.Nair, Business Communication and Management Information System.

M.M.Abraham, Business Communication and Management Information System

Siju P T, Business Communication and Management Information System BhatiaR.C, Business Communication.

SaliniAgarwal Essential communication skill. Reddy P.N, and Apopannia, Essentials of Business Communication.

Sharma R.C, KRISHNA Mohan, Business Communication and Report writing.

Leod, M.C., Management Information System..

Jerome Reuter-Management Information system. Annie Philips, Communication and the Manager s Job.

IELTS - International English Language Testing System Books

COM2BCMIS - BUSINESS COMMUNICATION ANDMANAGEMENT INFORMATION SYSTEM



Reg.No : ……….….Name : ….……….

B. COM. DEGREE (C.B.C.S.S) EXAMINATIONSECOND SEMESTER

COMMON CORE 2- COM2BCMIS BUSINESS COMMUNICATION ANDMANAGEMENT INFORMATION SYSTEM

Time: 3 Hours Maximum: 80 Marks

Part A (Short Answer Questions)Answer all questions. (Each question carries 1 mark)

1. Explain C V.

2. What do you mean by Power of Attorney?

3. Explain Postscripts.

4. What do mean by Video conferencing?

5. What do you mean by Business Letter?

6. Define communication.

7. What do you mean by decoding?

8. Explain Grapevine.

9. Explain SMS.

10. What is an E-mail? (10x1=10)

Part B (Brief Answer Questions)Answer any 8 questions (Each question carries 2 marks)

11. Mention the characteristics of Resume.

12. Point out any 4 difference between Formal and Informal Communication.

13. Point out the General Powers of Attorney.

14. Define soft skills and its features.

15. Explain system and its features.

16. Explain Grapevine and its types.

17. Explain the channels of communication.

18. Mention the 6 essentials of Business Letters.

19. Explain Kinesics.

20. Mention the defects of Informal Communication

21. Describe Audio/ Sound Signals.

22. Explain Time And Touch Language.

(8 2= 16)



Part C (Short Essay)Answer any 6 questions (Each question carries 4 marks)

23. Explain SMS. Its advantages and disadvantages.

24. Write a letter to the Managing Director for the post of Sales officer as per the

advertisement in Indian Express.

25. Explain the ways to overcome the barriers of Communication.

26. Write a letter from a prospective employer to a reference.

27. Explain the Essentials of good Business Letters

28. Explain Video Conferencing and Tele Conferencing.

29. Explain the functions of Internet.

30. Explain Networks and its different types.

31. Describe the difference between Data and Information.

(6x4=24)

Part D ( Essay)Answer any 2 questions (Each question carries 15 marks)

32. Describe the Impact of Information Technology on Communication.

33. What is Partnership Deed? Describe its Contents.

34. Specify the letters in the process of Employment, its details and a specimen copy of it.

35. What do you mean by Power of Attorney? Explain its main Classifications?

(15x2=30)



Semester III

Name of the Course: MARKETING MANAGEMENT


Aim of the course:

To create interest and knowledge among learners about new trends in Marketing


Course covers new trends in marketing ,Logistic and supply chain management,consumer behaviour and buying motives, Product life cycle, Branding Trade mark,Pricing policies and Strategies and Marketing mix

Syllabus Content:

MODULE-1 Marketing management - Introduction- Definition of marketing andmarketingmanagement- Marketing concepts and functions-Marketing mix.(10hrs)

MODULE-2 Market segmentation-Concept-Need- Basis-Market targeting-MarketPositioning -Understanding consumer behaviour- Buying motives- Factors influencingconsumer buying decisions.(20hrs)

MODULE -3 Marketing of products- product- Meaning- Product development- Productmix- PLC- Branding- brand equity- Brand loyalty-Trade mark-Packaging and labeling-Pricing of products-Factors influencing pricing- Pricing policies and Strategies-Types ofpricing.(25hrs)

MODULE-4 Logistic and supply chain management-Its elements-Channel ofdistribution types- Factors affecting the choice of a channel of distribution.(15hrs)

MODULE-5 Emerging trends in marketing-Modern marketing-Direct marketing- EMarketing- Tele marketing-Viral marketing-Relationship marketing-Social marketing-Demarketing-Remarketing- Synchro marketing-Service marketing.(20hrs)


Competencies of the course:C1: To analyses the Traditional and modern concepts of marketingC2: Explains the meaning of marketing mix and the various elements of MarketingmixC3: Develops interest in marketing managememtC4: Get a detailed idea relating to objectives of pricing, approaches and pricingstrategies.C5: Examine the meaning, features, need and importance of of market segmentationC6: Analyse the concepts Target market, Target marketing and market targetingC7: Identify the market targeting process and approaches of market targetingC8: Collect relevant information regarding advertising through observation anddiscussionC9: Identifies consumer behavior and consumption patternC10: Analyse the various factors influencing consumer buying behaviorC11: Explains the meaning of product life cycle, advantages and disadvantages of PLCC12: Recalls the meaning of branding and explain the objectives, advantages anddisadvantages of brandingC13 :States and evaluate the meaning ,Need and importance of trademarkC14:Acquire knowledge about the meaning of Logistics management, Elements oflogistics and phases in it.C15:Develops interest in Supply chain management and compares logistics and supplychain management

Learning Resources

1. Philip Kotler and Abraham Koshy : Principles of Marketing2. William. J .Stanton : Fundamentals of Marketing3. Stanton W.J.Etzal Michael and Walker : Fundamentals of Marketing4. Debbie Gilliland : Marketing.5. Cranfield School of Management : Marketing Management6. Mamoria and Joshy : Principles of Marketing7. Rajan Nair : Marketing Management8.Ramaswamy and NamaKumari : Marketing Management9.Stone, Fundamentals of Marketing.10.Neil Russel-Jones, Marketing, Sales, and Customer Service

COM3MM - MARKETING MANAGEMENT


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




5858


Reg. No……………….

Name………………….

B.COM DEGREE (C.B.C.S.S) EXAMINATIONTHIRD SEMESTER

CORE 7- COM3MM –MARKETING MANAGEMENTTime: Three Hours Maximum Marks:80



1. What is Viral marketing?

2. What is product image?

3. What is brand name?

4. What is target marketing?

5. What is skimming price?

6. What is promotion mix? ?

7. What is product mix?

8. What is remarketing?

9. Expand SWOT.

10. What is a brand? (10x1=10)



11. Define marketing.

12. What are the 4 P’s in marketing?

13. What is meant by merchandising?

14. What is meant by STP?

15. Define segmentation.

16. What is meant by perception?

17. Define Zero level channel?

18. Define logistics.

19. Define labeling.

20. What is meant by white goods?

21. What is trademark?

22. Explain Geographical pricing. (8x2=16)


5959




23. State the objectives of pricing?

24. Explain the different levels of a product?

25. Explain the importance of Branding?

26. What are the advantages of test marketing?

27. Distinguish between product and service.

28. What is PLC? Explain the various stages in a PLC?

29. Distinguish between logistics and SCM.

30. Discuss the importance of marketing

31. What is the significance of product testing? (6x4=24)

Part D

Answer any two questionsEach question carries 15 marks.

32. Discuss the importance of market segmentation.

33. Why study of buyer behavior is important. Justify.

34. Discuss the emerging trends in marketing.

35. Discuss the important functions of marketing management. (2 x 15 = 30)

6060


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamName of the Course: FINANCIAL ACCOUNTING


Aim of the course:

To familiarize the students with the accounting principles and practices of various types ofbusiness other than companies.

To equip the students with skills for recording various kinds of business transactions

To familiarize the students with the techniques of preparing financial statements


Preparation of final accounts helps firms, to know the profit earned by them, also abiding tothe concepts and principles set by GAAP. An overview of how to prepare accounts forconsignment firms and royalty accounts are also key points

Syllabus Content:

MODULE-1 Final accounts of sole traders-Principles of materiality-Consistency-prudenceTimeliness- Matching principle-Accounting standards Meaning and scope-Capital andrevenue expenditure-Capital and revenue receipts-Adjusting- Closing and rectificationentries-Trial balance-Trading and profit and loss account- Balance sheet-Preparation withall adjustment including overcast and under cast of both opening and closing stock-Anoverview on AS-1, 2, 4, 5, 6, and 10 (20 hours)

MODULE-2 Accounts of incomplete records-Features of single entry-DistinguishbetweenSingle entry and double entry-Defects of double entry-Profit determination undersingle entry-Capital comparison method-Conversion method-Steps for the conversion ofsingle entry in to double entry-Preparation of Trading and profit and loss account underconversion method. (20hrs)MODULE-3Royalty accounts-Meaning-Minimum rent-Short working-Recovery-SpecialCircumstances -Adjustment of minimum rent in the event of strike and Lock outs-Government subsidy in case of strike or lock outs- Journal entries in the books of lessorand lessee-Preparation of Minimum rent-Short working Royalty Accounts(15 hours)

MODULE-4 Departmental Accounts - Meaning – Objects – Advantages - Accountingprocedure –allocation of expenses and incomes – Interdepartmental transfers – Provisionforunrealized profit - Branch Accounts - Features – Objects- Types of branches –Dependentbranches – Account Systems –Stock and Debtors System –Independent branch –Features –Preparation of consolidated Profit and Loss Account and BalanceSheet(20 hrs)

MODULE-5 Accounting for consignment-Meaning-important terms-Journal entries in the


6161


books of consigner and consignee-Goods send at cost or invoice price Preparation ofconsignment account-Consignees account-Valuation of stock Normal loss and abnormalloss. (15hrs)

Competencies of the course:1. Understand importance of accounting principles and conventions2. Create an awareness about the accounting standards to be kept as per GAAP.3. Understand accounting terms like expenditure, receipts classify them into revenueand capital nature.4. Detect accounting errors and rectify them5. Prepare closing entries.6. Learn to prepare final accounts7. Prepare trial balance, trading and profit and loss account and balance sheet8. Pass adjusting entries including overcast and under cast of both opening and closingstock.9. Prepare accounts from incomplete records10. Distinguish between single entry and double entry11. Determine profit under single entry12. Convert a single entry into a double entry13. Prepare trading and profit and loss under conversion method.14. Prepare royalty accounts15. Understand the meaning of minimum rent, short workings etc16. Understand adjusting entries of minimum rent during strikes and lock outs17. Prepare entries in the books of lessor and lessee18. Prepare accounts of minimum rent19. Prepare short working accounts20. Prepare royalty accounts.21. Prepare Branch Accounts Under Various Accounting System.22. Prepare Accounts For Independent Branches And Foreign Branches.23. Pass Adjustment Entries While Goods Or Cash Is In Transit24. Prepare Head Office Accounts By Incorporating Branch Trial Balance.25. Prepare A Consolidated Balance Sheet26. Prepare consignment accounts27.Understand the difference between sale and consignment28.Understand treatment of normal loss and abnormal loss29. Understand the treatment of bad debts in consignment30.Understand the reason why loading price is included in accounts31. Understand the adjusting entries required for arriving at true profits32. To prepare accounts in the books of both consignor and consignee.


6262



2 marks8/12

4 marks6/9

15 marks2/4

Total26/35


Learning Resources

1. Jain.S.P and Narang.K.L : Advanced Accountancy2. Maheswari.S.N and Maheswari S.K : Advanced Accounting3. S.N. Maheswari: Financial Accounting4. Shukla, M.C., T.S. Grewal and S.C.Gupta: Advanced Accounts S.Chand&Co.,New Delhi.

COM3FA- FINANCIAL ACCOUNTING


6363


Reg. No…………...…

Name:……………….

B.COM DEGREE (C.B.C.S.S) EXAMINATION

THIRD SEMESTER

CORE 8 - COM3FA- FINANCIAL ACCOUNTING

Time: Three Hours Maximum marks : 80 Marks

Part A


1. What is Proforma Invoice?

2. What is recoupment of short workings?

3. What is single entry system?

4. What is statement of affairs?

5. Explain accounting standard 6?

6. What is accrued income?

7. What is an account sale?

8. What is normal loss?

9. What do you mean by consignment?

10. What is goods in transit? (10x1 =10)


Each question carries 2 marks

11. How do you convert single entry to double entry?12. Explain the terms: a) over – ridding commission b) delcrede commission.13. What are cash in transit and goods in transit? Give journal entries?

14. Write short notes on a) minimum rent b) short workings?

15. What is contingent liability?

16. What is accounting standards? What are its objectives?

17. How will you treat goods sent as free samples?

18. What is profit and loss account? What purpose does it serve?

19. Explain the terms a) Capital expenditure b) Deffered revenue expenditure?

20. Define Balance Sheet. What are its features?


6464


21. A trader had a capital of 14,250 at the beginning of the year. At the end of the year he had

cash in hand 4220, cash at bank 3300, debtors 14200, stock 9400, furniture 4000, and

creditors 7200. During the year he withdraws 125 per month for personal purpose and

brought in 800 during the year for additional capital. Calculate profit made by the trader?

22. Ascertain the closing stock from the following information: Opening stock- Rs.15,000,

Purchases Rs.2,90,000, wages Rs.35,000, Direct expenses Rs.5000, Sales Rs.4,00,000,

G/P 25% on cost of goods sold.

(8 x 2=16)



23. On 1 July 2009 Hero cycles, Bangalore consigned 100 tricycles of cost of Rs 800 each to

their agent, Bharat cycles Kottayam at cost plus 25% profit. The expenses met by Hero

cycles were freight Rs 2000 and insurance in transit Rs 1000.

Bharat cycles took delivery of the consignment on 5th july 2009 after accepting a two

months bill for Rs. 60,000 drawn against the consignment. The bill is met on the due date.

The following is the account sales submitted

24. Distinguish between consignment and sale

25. What do you mean by inter branch transactions? What is the ideal method of dealing with

in accounts?

26. How will you treat the following?

A) Goods withdrawn by proprietor for personal purpose?

B) Ereciton charges on machinery debited in wages account

C) Goods lost by fire for which insurance company admits a portion of claim in full

settlement.

D) Prepaid and outstanding expenses

27. Briefly explain final accounts?

28. What is Del credere commission? Why is it given to the consignee? How is it treated in

Consignment Accounts?

29. Kurien commenced business with Rs. 30,000. On the same day he purchased furniture for

Rs. 6,000. The following are his transactions for the year.

Total purchase (cash purchase Rs. 40,000) 80,000


6565


Stock at branch on 1.1.05 24,000Branch debtors on 1.1.05 7000Furniture at branch on 1.1.05 8000Goods sent to branch during the year 1,40,000Cash sales during the year 82,000Credit sales during the year 90,000

Total sales (cash sales Rs.80,000) 1,20,000

Wages paid 3,000

Business expenses 4,500

Personal drawings 3,800

Closing stock was valued at Rs.9,500. Closing debtors wre Rs.8,000 and closing creditors

were Rs.7,500. Depreciation on furniture was 10% p.a.

Prepare trading and profit and loss account.

30. On 1 st January 2012 AB Ltd. took on lease a quarry from X Ltd. on a royalty of Rs. 10

per ton of green granite extracted. The dead rent is Rs. 40,000 p.a. with right to recover

short working with in the four years of the lease. The working was as follows:

Year 2001 2002 2003 2004 2005

Annual production in tons 2800 3600 4100 5300 5600

Give journal entries in the books of AB Ltd.

31. Mr. Incomplete started a small retail shop on 1st January 2013 with a capital of Rs. 25,000.

On 31st December 2013, he had cash in hand Rs. 3,000, cash at bank Rs. 7,500, stock

Rs.6,500, debtors Rs. 12,000, furniture Rs. 6,000 and creditors Rs. 5,000. During the year

he withdrew Rs. 6,000 for personal purposes and bought in Rs. 2,000 from private

property.

Ascertain the profit or loss of Mr. Incomplete for the year ended 31st December 2013.

(6x4 =24)

Part DAnswer any Two questions


32. Define accounting, its objectives and explain its convention and principles?

33. A Head Office at Madras has a Branch at Kollam. Goods are sentby the Head Office to its Branch at cost which the branch sells both f0rcash and on credit. The following relate to the branch for the year 2005


6666


Cash received from debtors 83,000Returns by debtors to branch 2,000Discount allowed to debtors 1,000Bad debts written off 500Remittance to branch for expenses 7,000Stock at branch on 31.12.05 40,000Branch debtors on 31.12.05 10,500Value of furniture on 31.12.05 6,400

Prepare Kollam Branch Account to find out the profit at branchAlso prepare Branch Debtors Account. The entries in Profit and LossAccount and Balance Sheet as on 31st Dec. 2005.

34. X Ltd consigned goods of the cost of f 1, 20,000 to Y Ltd. The consignor paid1500 for packing and forwarding, Rs 3,500 for freight and Rs1000 for insurance intransit. On taking delivery of the consignment, Y Ltd paid Rs 5,500 for duty and clearingcharges and brought it to the godown after spending Rs 500 for loading, cartage andunloading.

Consignee paid Rs1, 200 for advertisement, Rs 400 for godownRs 1800 for salesman commission, he sold 5/6 of the goods for Rs 1, 40,000 for which heis entitled to a commission of 4% plus 1% delcrede commission

Prepare important ledger accounts in this book of X Ltd, as well as Y Ltd.Also show a statement showing the valuation of closing stockwith Consignee.

35. From the following trial balance of Appu, prepare trading andprofit and loss account for the year ended 30th June 2015 and balance sheet as on thatday.Particulars Dr Particulars Cr

Stock at the beginning 52500 capital 90,000

Building and machinery 1,60,000 creditors 43,500

Purchases 1,50,000 Bank OD 20,000

Salaries 18,000 Prov For Bad Debts 3,000

Debtors 51,000 Sales 3,38,500

Manufacturing expenses 45,000 Bad debts recovered 1,000

carriage 4,000

Factory expenses 10,000

Bad debts 2,125


6767


insurance 1,500

cash 1,875

4,96,000 4,96,000

The following adjustments are required?1 Insurance unexpired amounts to Rs 2502. Interest on overdraft due amounts to Rs1,2503. Write off Rs 1,000 for bad debts.4. Provide for bad and doubtful debts 5%5. Provide for interest on capital at 5%6. Closing stock is valued at Rs69,000

(2 x 15= 30)

***************************************************

6868



Name of the Course: BUSINESS MANAGEMENT


Aim of the course:

To familiarise the students with concepts and principles of management


To make them aware about the various functions of management

Syllabus Content:

MODULE-1 Management- Introduction, Meaning, nature and characteristics ofManagement, Scope and functional areas of management, Management as a science art orprofession, Management &Administration, Principles of management, Socialresponsibility of management, Contributions of F.W. Taylor and Henry Fayol, Emergenceof Japan as an industrial giant.(12hrs)

MODULE-2 Planning: Nature, importance and purpose of planning, Planning process,Objectives, Types of plans, MBO, Features, steps.(8hrs)

MODULE -3Organising and Staffing : Nature and purpose of organisation, Principles ofOrganisation, Types of organization Organisation Chart, Organisation Manual,Departmentation, Committees Authority, Delegation of Authority, Responsibility andaccountability, CentralisationVsdecentralisation of authority, Nature and importance ofstaffing, Process of selection & recruitment.(12hrs)

MODULE -4 Directing : Meaning and nature of directing, Motivation, meaningimportance, Theories of Motivation (Maslow’s Herzberg, McGregor s, X & Y theory)Leadership, Meaning, Styles Managerial Grid by Blake and Mounton-Likert‘s Four levelmodel, Coordination, Meaning and importance.(12hrs)

MODULE-5 Controlling: Meaning and steps in controlling, Essentials of a sound controlSystem, Methods of establishing control, Control by Exception.(10hrs)

6969




C1 Acquire knowledge about the various functions of managementC2: Understand the various concepts of managementC3: Analyse the importance of planningC4: Identifies the principles of organisingC5: Gain idea about the process of selection and recruitmentC6: Ensure a better control over the business

Learning Resources

1. Koontz & O Donnell, Management.2. Appaniah& Reddy, Essentials of Management.3. L M Prasad, Principles of management.4. Rustum&Davan, Principles and practice of Management.5. Srinivasan &Chunawalla, Management Principles and Practice.6. S V S Murthy, Essentials of Management.7. B.S.Moshal, Principles of Management.

COM3BM - BUSINESS MANAGEMENT


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35



7070


Reg.No………………Name………………..

B.COM. DEGREE (C.B.C.S.S) EXAMINATIONTHIRD SEMESTER

CORE 9- COM3BM –BUSINESS MANAGEMENT

Time: Three hours Maximum:80 Marks

Section AAnswer all questions.

Each question carries 1 mark.1. Define management

2. What is planning?

3. What is recruitment?

4. Define Controlling

5. What is motivation?

6. Define organizing.

7. Define MBO.

8. What is Single Use Plan?

9. What is accountability?

10. What do you mean by informal organization?

Section BAnswer any eight questions

Each question carries 2 marks11. What is formal organization?

12. What is upward communication?

13. What is leadership?

14. What is job specification?

15. What are policies?

16. What is delegation?

17. What is decentralization of authority?

18. What is selection?

19. What is MBO?

20. What is Co-ordination?

21. List different styles of leadership.

22. Explain the importance of staffing.

(10x1=10)

(8x2=16)


7171


Section CAnswer any six questions. Each


23. Distinguish between management and administration.

24. Explain the various levels of management.

25. What are the advantages of delegation?

26. What are the benefits of job analysis?

27. Explain the characteristics of control.

28. Explain the communication process.

29. Explain the characteristics of leadership.

30. Explain informal communication.

31. Explain the nature of management principles.

(6x4=24)

Section DAnswer any two questions.


32. What are the principles of management stated by Henry Fayol?

33. Explain the steps in controlling.

34. Discuss the characteristics of MBO.

35. Explain Maslow’s Hierarchy of needs.

(2x15=30)

****************************


7272


Name of the Course: E-COMMERCE AND GENERAL INFORMATICS


Aim of the course:

This paper is intended to familiarize the students with the mechanism of conductingbusiness transactions through electronic media.


Introduce e-commerce mechanism and to acquaint the student with various methods andtechniques of transactions with electronic media

Syllabus Content:

MODULE-1 Overview of Electronic Commerce,Introduction to E-commerce Concepts,features and functions Operation of e-commerce Infrastructure for EcommerceApplication of E-Commerce in Direct Marketing and Selling, Value Chain Integration,Supply Chain Management, Corporate Purchasing, Financial and Information Services12hrs)

MODULE-2 E-Commerce Models and Strategies ,Types of E-commerce : B2B, B2C,C2CC2B- Business Models for E-Commerce- Brokerage Model, Aggregator Model, Info-mediary model, Community Model, Value chain model, Manufacturer model, AdvertisingModel, Subscription model, Electronic Data Interchange Mobile Commerce and WebCommerce , Introduction to ERP, Components.(18 hrs)

MODULE-3 Electronic Payment Systems -Overview of Electronic Payment Systems,Cybercash (Customer to Merchant Payments, Peer to Peer Payments, Security).SmartCard (Card Types, Closed or Open Security, Privacy, Card Costs, Non Card Costs),Electronic Banking, Electronic Fund Transfers.(12 hrs)

MODULE-4 E-Commerce Security,Introduction to Security Passwords VirusesFirewalls - Encryption (PGP, SHTTP, SSL) ,digital signature digital certificate , othersecurity measures(12 hrs)

MODULE-5 Setting up of E-Commerce Business, Web development Promotion of thewebsites Trust building Loyalty building Marketing and branding , Online transactionsManagement and control Product delivery Settlement.(18 hrs)



C1: Creating an overall idea about the concepts, infrastructure and application of e-commerce

C2: Introduce different types of business models of e-commerce.C3: Development of the skills and habits among students for making payments throughelectronic media.C4: Acquire knowledge about different security features of e-payment system.C5: Enabling students to develop e-commerce business and websites.

Learning Resources

1. Doing Business on the Internet E-Commerce (Electronic Commerce for Business)S.Jaiswal, Galgotia Publications.2. E-Commerce: An Indian Perspective, P.T.Joseph, S.J., PHI.3. Web Commerce Technology handbook: Daniel Minoli and Emma Minoli, TMH4. Business on the net: An Introduction to the whats and hows of e-commerce:Agarwala and Lal, Macmillan India Ltd.5. E-Commerce, the Cutting Edge of Business: Kamalesh K Bajaj and DebjaniNag, TMH6. E-Commerce: Schneider, Thomson Publication

COM3EGI -E-COMMERCE AND GENERAL INFORMATIONS


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35





Reg. No……………….

Name………………….


THIRD SEMESTER

COMMON CORE 3 - COM3EGI- E-COMMERCE AND GENERAL INFORMATIONS



Each question carries 1 mark1. Define E-Commerce.

2. What is electronic marketing?

3. What is P2P?

4. What is M-Commerce?

5. What is electronic payment?

6. What is a credit card?

7. What are passwords?

8. Expand IP.

9. What is EDI?

10. What is piracy? (10x1=10)



11. What is an Adware?

12. What is a firewall?

13. Explain pop-up advertisement?

14. What is a web casting?

15. Define value chain integration.

16. What is online banking?

17. What is brokerage model?

18. What is reverse auction?

19. What is C2C e-commerce?

20. Explain paypal?

21. What is HTML?

22. What are debit cards? (8x2=16)





23. Explain micro commerce?

24. Explain Caesar cipher?

25. Explain digital signature?

26. What is a blog?

27. What is customer royalty?

28. Explain e-mail marketing?

29. Explain the functions of e-commerce.

30. Which are the different types of advertisements on internet?

31. What are the salient features of E-Commerce? (6x4=24)



32. What are the advantages and limitations of M-Commerce?

33. Explain payment gateway.

34. What are the requirements of a strong password?

35. What are the applications of e-commerce? (2 x 15 = 30)



Semester IV

Name of the Course: CAPITAL MARKETTotal Lecture Hours: 90

Aim of the course:This paper is intended to familiarize the students with capital market operations in India


Provide a broad view of the Indian financial system, SEBI, primary market, Indian andinternational stock exchanges and derivatives.

Syllabus Content:

MODULE-1 The Indian financial system, Components, Role and functions-Recentdevelopment in the Indian financial system, Financial market, Classification, Industrialsecurity market, Government security market, Money market, Capital market and moneymarket, Money market instruments.(15hrs)

MODULE -2 SEBI-Establishment, Objectives, Powers and functions(5hrs)

MODULE -3 Primary market, Functions of new issue market,-Methods of floating newissue, IPO, FPO, Public issue, bonus issue, Right issue, Private placement, Book building,ESOP, Intermediaries in the new issue market, Registrars to the Issue, brokers to theissue, Bankers to the issue, Underwriters.(25hrs).

MODULE -4 Secondary market, Role and functions of Stock Exchanges, Members of theStock Exchange, Classification, type of speculator, Speculative transaction, listing ofsecurities, Classification of listed securities, Methods of trading in a stock exchange,Screen based trading on line trading, Depository system, Stock market indices.(25hrs)

MODULE -5 Stock exchanges in India, NSE, BSE, MCX, Major international stockExchanges, Derivatives, features of derivatives, Types of derivatives, Derivativeinstruments, Futures, Options, Swaps, Currency futures in India, Recent trends in capitalmarket. (20hrs)

Competencies of the course:C1: Creating an awareness on SEBI, it’s objectives, powers, management & functions.C2: Familiarizes the students with the mechanism of capital market operations.



C3: Understanding the practical aspects of primary market operations & book buildingprocessC4: Creating an insight into the functions of stock exchange and their working.C5: Develops an adequate working knowledge of DEMAT Accounts, depository system,NSDL & CDSL.

Learning Resources

1. Gupta N.K and Monica Chopra : Financial Markets Institutions and services2. YogeshMaheswary : Investment Management3. Kevin. S : Security Analysis and Portfolio Management4. Preethi Singh : Dynamics of Indian Financial System5. Sojikumar.K and Alex Mathew : Indian Financial System and Markets6. Bharathi. V.P.Pathak : Indian Financial System7. Khan. M.Y : Financial Services.8. International Trade and Financial Environment.9. Gupta N.K, Monica Chopra, Financial Markets, Institutions and Services

COM4CM- CAPITAL MARKET


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




B.COM DEGREE (C.B.C.S.S) EXAMINATIONFOURTH SEMESTER

CORE-10 - COM4CM-CAPITAL MARKET

Reg.No………………

Name………………..

Time: Three hours Maximum: 80 MarksSection A

Answer all questions.Each question carries 1 mark.

1. What is NIM?

2. What is meant by Sweat equities?

3. What is G-Sec?

4. What are option contracts?

5. What is SENSEX?

6. What is Notice Money?

7. Who is a Speculator?

8. What is MCX?

9. Who is an Underwriter?

10. What do you mean by Dematerialisation?



11. Explain the term Derivatives using suitable examples.

12. What are the objectives of SEBI?

13. What is meant by Forwards?

14. What are Currency Futures?

15. Explain the term IPO.

16. Distinguish between market lots and odd lots.

17. How does a bull and bear speculator functions.

18. What are the main components of Indian money market?

19. What are Treasury Bills?

20. What is an American Option?

21. List two advantages of Swaps.22. What is Blue Chip Stock?

(8x2=16)

(10x1=10)





23. Briefly explain different types of Government securities.

24. Distinguish between capital market & money market.

25. Briefly explain the powers of SEBI.

26. Explain the features of OPTIONS.

27. What are the features of OTCEI?

28. Distinguish between money market & capital market.

29. Distinguish between speculation & gambling.

30. Distinguish between a bank & a depository.

31. Discuss the role of merchant bankers in a public issue.

(6x4=24)



32. Explain the important components of the Indian Financial System.

33. Briefly explain about different types of offer documents.

34. Describe about stock market indices. Explain its advantages.

35. Briefly describe about the major international stock exchanges.

(2x15=30)

****************************



Name of the Course: CORPORATE ACCOUNTING


Aim of the course:1. To give a comprehensive knowledge on accounts for shares on issue, redemption,

underwriting ,buy back etc.

2 To enable the students to deal with accounts relating to amalgamation, internal

reconstruction, liquidation of companies etc

Course Overview and Context:Provide an insight into the important accounting terms like Liquidation ,internal

reconstruction, capital reconstruction and capital reduction, buy back etc and to give

awareness about the preparation of accounts relating to the same.

Syllabus Content:

MODULE-1 Redemption of Preference shares, its conditions- Issue of bonus shares-

Guidelines- Under writing- Accounting for Buyback Shares.(15 hrs)

MODULE-2 Final accounts of Joint Stock Companies-Profit prior to incorporation-

(20 hrs)

MODULE-3 Amalgamation and external reconstruction-Amalgamation in the nature of

merger- purchase- Calculation of purchase consideration (all methods) entries in the

books of transferor and transferor companies, Revised Balance Sheet.(Excluding

intercompany holdings)(30hrs)

MODULE-4 Internal reconstruction and capital reduction-Accounting treatment and

Revised Balance Sheet (10hrs)

MODULE-5 Liquidation-Meaning-Preparation of liquidators final statement of accounts.

(15hrs)



C1: Acquire knowledge regarding redemption of preference shares

C2: Develops understanding about the accounting procedure to be followed inredemption of preference shares.

C4: applies the acquired knowledge and understanding in analysing the differencebetween Bonus shares and stock split

C5: Get a detailed idea relating to Underwriting of shares, types of underwriting,preparation of underwriting account

C6: Examine the conditions of buy back of shares and analyse the methods of buy back.

C7: Develops skill in preparing final accounts of companies, recalls the meaning ofreserve, types of reserves, difference between reserve and provision etc.

C8: Identifies the treatment of some special items like depreciation, interest ondebentures, income tax, Divisible profit, dividend, calls in arrear, security premium,preliminary expenses, contingent liability, managerial remuneration etc

C9:Collect relevant information regarding the meaning of profit prior to incorporationand develops interest in the accounting treatment of profit prior to incorporation

C10: Helps to identify the situation of amalgamation and internal reconstruction &develops skill in the preparation of accounts in the above situations.

C11: Emphasises the importance of human resource accountingLearning Resources1. Jain.S.P and Narang.K.L : Advanced Accountancy2. Maheswari.S.N and Maheswari S.K : Advanced Accounting3. Paul.K.R : Corporate Accounting4. Dr. S.M.Shukla and Dr.S.P.Gupta : Advanced Accounting5. Mc Shukla and T.S.Grewal : Advanced Accounts6. Rawat.D.S : Accounting7. Nirmal Gupta and Chhavi Sharma : Corporate Accounting Theory and Practice.

COM4CA CORPORATE ACCOUNTINGModules Hours 1 mark

10/102 marks

8/124 marks

6/915 marks

2/4Total26/35






FOURTH SEMESTER


Name………………..

CORE-11 COM4CA CORPORATE ACCOUNTING

Time: Three hours Maximum: 80 Marks


Each question carries 1 mark.1. Distinguish between capital reserve and reserve capital.

2. What is escrow account?

3. Mention any four reserves which can be utilized for the issue of bonus shares

4. What is sub-underwriting?

5. What is interim dividend?

6. What is profit and loss appropriation account?

7. What is capital reduction account?

8. What is absorption?

9. What is corporate dividend tax?

10. Who is a contributory?



(10x1=10)

11. State the reasons for buy back of shares.

12. Distinguish between insolvency and liquidation.

13. Distinguish between underwriter and broker

14. What is amalgamation in the nature of merger?

15. State the different ratios used in ascertaining profit prior to incorporation

16. State the objectives of amalgamation.

17. Explain the consequences of winding up.

18. What is meant by consolidation of shares and sub division of shares?

19. Prosperous Ltd has 12% preference share capital of Rs.1,00,000 consisting of Rs.100 shares

fully called and paid up. The company wants to redeem them at 10% premium. The ledger

accounts show the following balances-



Rs.

Profit and loss account 20,000

Securities premium 4,000

The directors desire to make a minimum fresh issue of equity shares of Rs.10 each at a

premium of 5% for the redemption of preference shares. Ascertain the amount of fresh issue

of shares.

20. Explain the pooling of interest method of amalgamation.

21. A Ltd having a capital of Rs.10,00,000 divided into shares of Rs.10 each , 7 called up and

Paid up , decides to cancel the liability of its members by Rs.2 per share, thus making its

shares to shares of Rs.8 each, Rs.7 paid up. Draft the necessary journal entry to give effect to

the above.

22. Ascertain the amount payable to equity shareholders of X Ltd which went into liquidation

from the following area-

40,000 equity shares of Rs.10 each fully paid Rs.4,00,000

20,000 equity shares of Rs.10 each , Rs.8 paid up Rs.1,60,000

Amount available for equity shareholders Rs.3,80,000

Section CAnswer any six questions.


23. State the legal provisions regarding redemption of preference shares.

(8x2=16)

24. Explain the procedure for ascertaining profit prior to incorporation.

25. Explain the various methods of calculation of purchase consideration.

26. The following scheme of reconstruction has been approved for B Ltd

a. The shareholders to receive in lieu of their present holding of 50000 equity shares of

Rs.10 each, the following-

i. Fully paid equity shares equal to 2/5th of their holding.

ii. 5 % preference shares, fully paid, to the extent of 1/5th of the above new

equity shares and

iii. Rs.60,000 10 % Second debentures

b. An issue of Rs.50,000 12% First debentures was made and allotted, payment for the

same having been received in cash

c. The goodwill which stood at Rs.300000 was written down to Rs.1,50,000

d. The plant and machinery which stood at Rs.100000 was written down to Rs.75,000



e. Freehold premises which stood at Rs.175,000 were written down to Rs.1,50,000

Give journal entries in the books of the company.

27. Moon Ltd has Rs.11,20,000 in equity share capital consisting of 80,000 shares of Rs.10 each

fully paid and 40,000 shares of Rs.10 each , of which Rs.8 per share paid. It has Rs.40,000 in

capital reserve , Rs.40,000 in securities premium account , Rs.1,40,000 in capital reserve

account and Rs.3,00,000 in general reserve. By way of bonus dividend , the partly paid up

shares are converted into fully paid up bonus shares in the same ratio.

Pass journal entries showing the two types of bonus issue mentioned above with the

minimum reduction in free reserves.

28. Three underwriters X,Y and Z underwrite the public issue of Rs.12,000 shares of Rs.10 each

issued at par in the ratio of 2:1:1. Applications were received for 11,000 shares including the

following marked applications

X – 4500 Y – 2800 Z - 1,700

Determine the liability of the underwriters.

29. A Ltd decides to redeem 50,000 11% preference shares of Rs.10 each at a premium of 10%.

For the purpose of redemption the company decides to issue 25,000 equity shares of Rs.10

each at a premium of 15%. The balance in the Profit and loss account is

Rs.14, 25,000. Assume that the above decisions were implemented. Give journal entries.

30. Y Ltd issued 20,000 equity shares of Rs.10 each. It wants to buy back 25% of its shares at

Rs.25 per share. For this purpose , the company issued 5,000 8% preference shares of Rs.100

each. It had a credit balance of Rs.60,000 in securities premium account and Rs.7,50,000 in

general reserve. Give journal entries.

31. Explain the various methods of winding up of a company.

(6x4=24)



32. State the SEBI guidelines on issue of bonus shares

33. The Arsu manufacturing company Ltd was registered with a nominal capital of Rs.6,00,000

in equity shares of Rs.10 each. The following is the list of balances extracted from its books

on 31.12.2104

Rs.

Calls in arrears 7,500

Premises 3,00,000

Plant and machinery 3,30,000



Interim dividend paid on 1.8.2014 37,500

Stock on 1.1.2014 75,000

Fixtures 7,200

Debtors 87,000

Goodwill 25,000

Cash in hand 750

Cash at bank 39,900

Purchases 1,85,000

Preliminary expenses 84,865

General expenses 16,835

Freight and carriage 13,115

Salaries 14,500

Director’s fees 5,725

Bad debts 2,110

Debenture interest paid 9,000

Subscribed and fully paid up capital 4,00,000

6% debentures 3,00,000

Profit and loss a/c (Cr) 14,500

Bills payable 38,000

Creditors 45,000

Sales 4,15,000

General reserve 25,000

Bad debts reserve 1.1.2014 3,500

Prepare the statement of Profit and loss and balance sheet in the prescribed form after

making the following adjustments.

a) Depreciate Plant and machinery at 10%

b) Write off Rs.500 from preliminary expenses

c) Provide half year debenture interest due

d) Leave bad and doubtful debts reserve at 5% on debtors

e) Closing stock was Rs.95,000

f) Provide 10% corporate dividend tax

34. White Ltd agreed to aquire the business of Green Lts as on 31.3.2012 on which date the

balance sheet of Green Ltd was as follows-

Liabilities Rs. Assets Rs



Share capital – in fully paid

shares

General reserve

Profit and loss account

10% debentures

Creditors

Total

6,00,000

1,70,000

1,10,000

1,00,000

20,000

10,00,000

Goodwill

Land and buildings

Plant

Stock

Debtors

Cash

Total

1,00,000

3,00,000

3,40,000

1,68,000

56,000

36,000

10,00,000

The consideration payable by White Ltd was-

1) A cash payment of Rs.2.50 for every share in Green Ltd

2) Issue of 90,000 Rs.10 shares at an agreed value of Rs.12.50 per share and

3) 10% debentures of Green Ltd are taken over by White Ltd and are discharged by the

issue of such an amount fully paid 8% Debentures in White Ltd at 96% as is sufficient to

discharge the 10% debentures in Green Ltd at a premium of 20%.

The directors of White Ltd valued land and buildings at Rs.4,00,000 and created a

provision of 5 % on debtors against doubtful debts. The expenses of liquidation of

Rs.6,000 were paid by White Ltd.

Give journal entries to close the books of Green Ltd and to record the acquisition of

business in the books of white Ltd.

35. Delight Ltd went into voluntary liquidation on 31.3.2012 when their balance sheet stood as

follows-

Liabilities:

Issued and subscribed capital

15,000 10 % preference shares of Rs.100 each fully paid

Rs.

15,00,000

7,500 Equity shares of Rs.100 each, Rs.75 paid 5,62,500

22,500 equity shares of Rs.100 each ,Rs.60 paid 13,50,000

15% debentures secured by a floating charge 7,50,000

Interest outstanding on debentures 1,12,250

Creditors

Assets:

9,56,250

Land and buildings 7,50,000

Plant and machinery 18,75,000

Patents 3,00,000


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamStock 4,02,500

Sundry debtors 8,25,000

Cash at bank 2,25,000

Profit and Loss account 8,53,750

Preference dividends were in arrears for 2 years and the creditors included preferential

creditors of Rs.38,000. The assets were realized as follows-

Land and buildings rs.9,00,000, Plant and machinery Rs.15,00,000, Patents Rs.2,25,000,

Stock Rs.4,50,000, sundry debtors Rs.6,00,000.

The expenses of liquidation amounted to Rs.27,250. The liquidator is entitled to a

commission of 3% on assets realized except cash. Assuming the final payments including

those on debentures were made on 30.6.2012 , show the liquidator’s final statement of

account.

(2x15=30)

****************************



Name of the Course: FINANCIAL SERVICES


Aim of the course:

To provide the students with an overall idea of financial services available in the country


Promote the study of international financial services and markets with emphasis on studiesof practical relevance

Syllabus Content:

MODULE-I Introduction: Meaning, Types, Fund based financial services, fee basedfinancial services. Merchant Banking, Functions, Regulation of merchant banker

(10hrs)

MODULE-2 Venture Capital: Features, types, Stages of venture capital finance, Venturecapital process, Structure of Venture Capital Funds, Analysing products and services ofventure capital funds(12hrs)

MODULE-3 Leasing and factoring: Leasing, Essentials, Types, Advantages, Limitations,Factoring Types, importance, Pricing, Factoring services in India. (10hrs)

MODULE-4 Mutual funds and securitisation: Mutual funds, Meaning, Types, SEBIGuidelines (over view only) Securitisation, Meaning, Procedure, Securitisation in India.(12hrs)

MODULE-5 Credit rating: Agencies, Procedure of credit rating, Recent trends in Financialservices. (10hrs)


C1:Acquire knowledge about the recent trends of financial servicesC2: Understand the concept of venture capitalC3: Study the different mutual fund schemesC4: Gain knowledge about leasing and factoring services


Learning Resources

1. Gupta.N.K and Monika Chopra : Financial Markets, Institutions and Services.

2. YogeshMaheswari : Investment Management

3. Kevin. S : Security Analysis and Portfolio Management

4. Avadhani.V.A : Security Analysis and Portfolio Management

5. Donald.M. Fischer : Security Analysis and PortfolioManagement

6. Bhole. L.M : Financial Markets and Institutions

7. Bharathi.V. Pathak : Indian Financial System

8. Vasanth Desai : Indian Financial System-

9. Khan.M.Y : Financial Services.

10. N.K.Gupta, Monika Chopra, Financial Markets, Institutions and Services.

COM4FS FINANCIAL SERVICES


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 10 4 3 1 1 9

Module 2 12 1 2 1 1 5Module 3 10 2 3 2 1 8Module 4 12 2 2 3 0 7Module 5 10 1 2 2 1 6





FOURTH SEMESTER

CORE-12 - COM4FS FINANCIAL SERVICES

Time: Three hours Maximum: 80 Marks


Each question carries 1 mark.1. What do you mean by Securitisation?

2. What is CRISIL?

3. Define a merchant banker.

4. What is FII?

5. What is Forfaiting?

6. What is money market?

7. Define financial services.

8. What is income fund?

9. What is portfolio management?

10. What is financial lease?


Each question carries 2 marks11. What do you mean by non-recourse factoring?

12. Explain the features of credit rating.

13. What is off-shore fund?

14. What is bridge finance?

15. Explain fee based financial services with examples.

16. What is net asset value?

17. What do you mean by cross border lease?

18. What is meant by closed ended mutual funds?

19. What is venture capital?

20. What are statups?

21. What is advance factoring?

22. What is bill discounting?

(10x1=10)

(8x2=16)





23. What are the advantages of factoring?

24. What are the different types of lease?

25. Explain the fund based financial services.

26. State the functions of merchant banker.

27. State the merits and demerits of credit rating.

28. Distinguish between money market & capital market.

29. Venture capital is a must for economic development. Explain.

30. Mutual funds play an important role in financial saving. Explain

31. Differentiate between merchant banking and commercial banking.

(6x4=24)



32. Explain the Credit rating process.

33. Briefly explain about different types of factoring services.

34. Define the term factoring. Explain benefits of factoring to different parties.

35. Briefly describe about the role of venture capitalist in the economic development of a

country.

(2x15=30)

****************************



Name of the Course: ENTREPRENEURSHIP DEVELOPMENT AND PROJECTMANAGEMENT


Aim of the course:

To inculcate interest among the students to develop entrepreneurial skills so as to preparethem to set up and manage small scale enterprises


Provides an insight into the entrepreneurial qualities and skills required for formation ofan enterprise and give awareness about the support systems available to the entrepreneurs.

Syllabus Content:

MODULE-1 Entrepreneurship: Meaning, Definition and concepts, characteristics,Functions - Entrepreneurial traits and Motivation - Role of entrepreneur in economicdevelopment - Factors affecting entrepreneurial growth. (12 Hrs)

MODULE-2 Types of entrepreneurs- Intrapreneurship -Women entrepreneurship,significance, Problems, solutions to the problems-EDP (Entrepreneurial DevelopmentProgramme): objectives, Steps, Need for training- target group- Contents of the trainingprogramme-Special Agencies for Entrepreneurial Development and Training-DIC.(12 hrs)

MODULE-3 Project :Meaning Features-Classification-Project identification-Sourcesof 36 Ideas-Stages in project identification -Project Life Cycle-Project formulation-elements, Feasibility Analysis-Network Analysis-Project Planning(12hrs)

MODULE-4 Project appraisal techniques, Payback period, ARR, Discounted cashflow techniques, Merits and demerits, Capital rationing, (Including Problems) Preparationof Project Report-Scope-Content.(24 hrs)

MODULE-5 Setting up of micro small and medium enterprises, location significance,Green channel, Bridge capital, Seed capital assistance, Margin money scheme, Sickness,Causes-Remedies-Role of institutions/schemes in entrepreneurial development-SIDCO,SIDBI, NIESBUD, EDII,SISI, NREG Scheme- SWARNA JAYANTHI Rozgar Schemes.(Brief study only)(12 hrs)




C1:Explain the facts and concepts regarding entrepreneurship C2:Identify and develop the entrepreneurial talents of studentsC3:Generate innovative business ideas in emerging industrial scenarioC4: Understanding the need for training.C5:Describe Entrepreneurship Development Programme (EDP)C6:Identify the institutions which offer Entrepreneurship Development ProgrammeC7: Develop interest in the students to attend entrepreneurship development programme.,C8: Identification, appraisal and execution of projectsC9: Develop skill in preparing a Project report.C10: How to set up an enterprise.C11: Identify the importance of women entrepreneurship.C12:Identify major problems faced by women entrepreneursC13:Awareness about MSME (Micro Small and Medium enterprises)C14: Identify the institutions which offer financial assistance for setting up an enterprise.

Learning Resources M.M Abraham :Entrepreneurship Development and Project Management

Desai,Vasant : Dynamics of entrepreneurial development and management.

Drucker,Peter F: Innovation and Entrepreneurship Gupta C.B., Srinivasan N.P: Entrepreneurship Development in India

Arora, Renu., Sood S.K : Entrepreneurial Development and Management

Khanka,S.S: Entrepreneurial Development

COM4EDPM- ENTREPRENEURSHIP DEVELOPMENT AND PROJECTMANAGEMENT


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 12 2 3 2 0 7

Module 2 12 2 2 1 1 6

Module 3 12 2 2 2 1 7Module 4 24 2 3 2 1 8

Module 5 12 2 2 2 1 7



Reg. No…………...…

Name:……………….


FOURTH SEMESTER

COMMON CORE 4 - COM4EDPM- ENTREPRENEURSHIP DEVELOPMENT ANDPROJECT MANAGEMENT

Time: Three Hours Maximum marks : 80

Part A

Answer all questions.


1. What is seed capital?2. What do you mean by decision tree?3. What is network?4. What is innovation?5. What do you mean by target group?6. What is green channel?7. What is achievement motivation?8. What is a project?9. What is capital rationing?10. Who is a Fabian entrepreneur?

(10x1 =10)

Part B

Answer any eight questions


11. Define a Drone entrepreneur.12. What are the different types of projects?13. What is SJSRY?14. What is IRR?15. Define micro service enterprises.16. What do you mean by Network analysis?17. What is project appraisal?.18. Who is an induced entrepreneur?19. What is meant by post payback profitability?20. What is a sick unit?21. What do you mean by a tiny sector unit?22. What is project selection?

(8 x 2=16)



Part C

Answer any six questions


23. Explain Maslow’s Need Hierachy Theory.

24. Distinguish between entrepreneur and entrepreneurship.25. Describe the features of Venture capital.26. State the functions and activities of SISI.27. What are the factors considered in screening of ideas?28. Describe the procedure for registration of MSME.29. Describe briefly the contents of EDP training.30. Explain the motivating factors of entrepreneurship.31. A project requires an initial investment of Rs.1,00,000. The project is expected to generate cash

inflows for 5 years. The estimated cash inflows are 20,000, 30,000, 30,000, 40,000, and 40,000.Calculate payback period.

(6 x4=24)

Part D

Answer any Two questions


32. Enumerate the factors affecting entrepreneurial growth and discuss them.33. Describe the major contents of a project report.34. What is industrial sickness? Explain the remedial measures for overcoming industrial sickness.35. Define project appraisal. Discuss the different appraisal techniques.

****************************************(2 x 15= 30)



Semester V

Name of the Course: COST ACCOUNTING


Aim of the course:

1.To generate Knowledge on Cost Concepts2.To Provide the students to learn the fundamentals of cost accounting as a separatesystemof accounting


The Course covers the fundamentals of Cost Accounting , its Objectives, Distinguishbetween Cost Accounting and Financial Accounting, Classification of Overheads, Thedifferent methods used in the absorption of Overheads and the Preparation of CostSheet.

Syllabus Content:

MODULE-1 Introduction to cost accounting-Meaning, definition-Cost concepts-Costing Cost accounting-Cost accountancy-Cost unit-Cost centre-responsibility centers-Profit centre-Cost control-Cost reduction-Objectives of cost accounting-Distinctionbetween cost accounting and financial accounting- Methods and techniques of costaccounting- Advantages and disadvantages of cost accounting…………(15 hrs)

MODULE-2 Accounting and control of material cost-material purchase procedure-Material stock level-EOQ-ABC, VED and FSN analysis-JIT-Perpectual and periodicinventory system, Continuous stock taking-Material losses-Wastage-scrap- Spoilage-Defectives-Pricing-LIFO-FIFO-Simple average – Weighted average….……(20hrs)

MODULE-3 Accounting and control of labour cost-Time keeping and time booking-Systems of wage payment-Time rate system-piece rate system-Differential piece ratesystem-Incentive plan-Halsey plan- Rowan plan-Idle time-overtime and their accountingtreatment-Labour turnover-Methods of calculating labour turnover…………(20 hrs)

MODULE-4 Accounting for over head-Classification of over head-Primary andsecondary distribution-Absorption of overhead-Percentage method-Unit rate methodmachine hour method-Labour hour rate method-Simultaneous equation method-Overabsorption and under absorption …….....................................................(15 hrs)



MODULE-5 Preparation of cost sheet-Tender and quotation-Preparation ofreconciliationstatement………..……..………………………(20hrs)


1. Understand the concept of Cost Accounting2. Distinguish between Cost Accounting and Financial Accounting and also

identify the methods and techniques of Cost Accounting.3. Recognise the importance of material cost and the procedures laid down in the

purchase of materials.4. Identify the importance of controlling labour cost and distinguish the different

methods that ulilise for labour cost control5. Distinguish the classification of Overheads.6. Desribe the different methods that are used for Absorption of Overhead7. Understand the preparation of Cost Sheet.8. Identify the Preparation of Reconciliation Statement.

Learning Resources1. 1.Cost Accounting – Jain &Narag2. Cost Accounting – K.G.C.Nair3. Advanced cost accounting-SP.Jain and K.L Narang4. 2.Advanced cost accounting, N.K.Prasad5. 3.Advanced cost accounting, S.N Maheswary6. 4.Theory and practice of cost accounting, M.L.Agarwal.7. 5.Cost Accounting, M.C.Sukla and T.S.Grewal.8. 6.AhmmadNaseem, Introduction to Cost Accounting.9. 7.Cost Accounting ,Nirmal Gupta

COM5CA - COST ACCOUNTING


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 15 2 3 2 0 7Module 2 20 2 3 2 1 8Module 3 20 2 2 2 1 7

Module 4 15 2 2 2 1 7Module 5 20 2 2 1 1 6




Name………………..

B.COM. DEGREE(C.B.C.S.S) EXAMINATION

FIFTHSEMESTER

CORE13- COM5CA –COST ACCOUNTING

Time: Three hours Maximum:80 Marks


Each question carries 1 mark.

1. What do you mean by Idle Time?

2. What is a Job Card?

3. What is Material Pricing?

4. What is Scrap?

5. What do you mean by Time wage system?

6. What do you mean by Cost Centre?

7. What is a Tender?

8. What is Implicit Cost?

9. What is Cost?

10. Define Cost Accounting.

(10x1=10)



11. What is Opportunity Cost?

12. Why is a Cost Unit? Give examples.

13. What is EOQ?

14. What is Prime Cost ?

15. Give any three limitations of Cost Accounting.

16. What is Opportunity Cost?

17. What do you mean by LIFO Method?

18. What is ABC Analysis?



19. What is Double Bin System ?

20. Calculate the total earnings of the worker under the Halsey Plan. Also find out effective rate

of earning.

Rate per hour - Rs. 1.50 per hour

Time allowed for job - 20 hours

Time taken - 15 hours

21. What is VED Analysis ?

22. What is the difference between cost control and cost reduction?

Section CAnswer any six questions.


23. What are differences between Bin Card and Stores Ledger?

24. Explain the differences between Time-Keeping and Time-Booking.

25. Ascertain the wages paid to workers, N and P under Taylor’s system:

Standard Time Allowed - 10 units per hour

Normal Wage rate - Rs. 10 per hour

Differentials to be applied:

1) 75% of piece rate when below standard2) 125% of piece rate when at or above standard.The workers have produced in a day of 8 hours:

N- 60 units, P – 100 units

26.Calculate the labour cost per day of 8 hours.

a. Basic Salary : Rs. 2000 per month

b. Dearness Allowance : 10% of basic salary

c. Employer’s contribution to PF : 8% of a and b

d. Employer’s contribution to ESI : 2.5% of a and b

e. Pro-rata amneties on labour : Rs. 179.5 per head per month

f. Working Hours in a month : 200

27. Explain the techniques of Costing.

(8x2=16)



3 Issued 300 units6 Purchased 800 units @ Rs. 2.208 Issued 400 units12 Issued 300 units14 Purchased 400 units @ Rs. 2.5020 Issued 600 units24 Purchased 500 units @ Rs. 2.8025 Issued 300 units28 Issued 100 units30 Transferred 50 units from Job A to Job B

28. Explain the differences between Cost Control and Cost Reduction.29. Write the proforma of a Cost Sheet showing opening and closing work-in-progress and

finished goods.30. What are the steps in planning process?

31. Explain the nature of Directing.

(6x4=24)



32. In respect of a factory, the following figures have been obtained for the year 2010.

Cost of material Rs. 6,00,000; Direct Wages Rs. 5,00,000 ; Factory overheads Rs. 3,00,000;

Administrative overhead Rs. 3,36,000; Selling overheads Rs. 2,24,000; Distribution overhead s Rs.1,40,000 and Profit Rs. 4,20,000.

A work order has been executed in 2011 and the following expenses have been incurred :

Materials Rs. 8,000 and wages Rs. 5,000.

Assuming that in 2011, the rate of factory overheads has increased by 20%, distribution overheadshave gone by 10% and selling and distribution overheads have gone up by 12 ½ %, at what priceshould the product be sold so as to earn the same rate of profit on the selling price as in 2010 ?

Factory overhead is based on direct wages while all other overheads are based on factory cost.

33. What is Material Control ? Explain the procedure followed by Purchase department in any

unit

34. Prepare a stores ledger under FIFO and LIFO method

2015 Jan 1 Balance 500 units @ Rs. 2



35. The profit as per cost accounts is Rs. 86,250. The following points are found out oncomparison between cost and financial accounts.

Cost Books Financial Books

1. Opening Stock

Materials 10,300 10,500Work in Progress 8,000 8500

2. Closing Stock

Materials 15,000 14,200Work in Progress 6,000 5,600

3. Dividend and interest received 6004. Loss on sale of investments 10005. Goodwill written off 2,5006. Preliminary expense written off 3,0007. Overheads incurred Rs. 40,600, but overheads absorbed amounted to Rs. 38,500.Find out

profit as per financial books by preparing Reconciliation Statement.

(2x15=30)

****************************



Name of the Course: SPECIAL ACCOUNTING

Total Lecture Hours:108

Aim of the course:

(i) Provides an exposure to accounts prepared by special types of businesses likeInsurance companies, banking companies etc.

(ii) To give an idea about the procedure to be followed in dissolution ofpartnership firms.


The course covers the methods followed for preparing accounts of banking companies,insurance companies, determination of profits in life insurance business, preparation ofinvestment accounts, ascertainment of insurance claims, procedures followed indissolution of firms etc.

Syllabus Content:

MODULE-1- Accounts of banking companies-Meaning of banking companies-Important provisions of banking companies Act, 1949-preparation of final accounts ofbanking companies-Profit and loss account, Balance sheet, transactions of special type-Asset classification and provisions-Non Performing Assets. (30hrs)

MODULE-2- Accounts of Insurance Companies-Insurance companies-special terms-Final accounts-Accounts of life insurance-revenue account, Profit and loss account andbalance sheet ( As per IRDA regulation Act-2002)-Determination of profit in lifeinsurance business valuation balance sheet-Accounts of general insurance companies-(Fire and Marine only)-Revenue account-Profit and loss account and Balance sheet ( Asper IRDA Regulation Act) (30hrs)

MODULE-3- Investment account-cum-interest-Ex-interest-Cum dividend-Ex dividendtreatment of bonus share-Right shares-Preparation of investment account-(As per AS-13) (15 hrs)

MODULE-4- Insurance claims-Types of claims-loss of stock policy-Ascertainment ofthe value of stock on the date of fire-Ascertainment of actual amount of claim to belodged- Average clause-Loss of profit policy-Procedure to ascertain amount of claim.

(18hrs)

MODULE-5- Dissolution of partnership firms-preparation of realization account,capital account and cash account. Preparation of the statement showing the distributionof cash (Piecemeal Distribution) (15 hrs)




(i) Understand the preparation of accounts of banking companies.(ii) Identify the asset classification and other provisions.(iii) Describe the concept of non performing assets.(iv) Understand the preparation of final accounts of insurance companies.(v) Recognise the meaning of ex-interest and cum- interest quotations of

securities.(vi) Understand the treatment of right shares and bonus shares in the preparation

of investment accounts.(vii) Understand different types of claims in insurance contracts.(viii) Describe the ascertainment of actual amount of claim to be lodged.(ix) Understand the grounds on which a partnership firm can be dissolved.(x) Understand the preparation of cash account, capital account and realisation

account when a firm is dissolved.(xi) Understand the preparation of statement for piecemeal distribution of cash.

Learning Resources1. Jain.S.P and Narang.K.L : Advanced Accountancy2. Maheswari.S.N and Maheswari S.K : Advanced Accounting3. Paul.K.R : Corporate Accounting4. Dr. S.M.Shukla and Dr.S.P.Gupta : Advanced Accounting5. McShukla and T.S.Grewal : Advanced Accounts6. Rawat.D.S : Accounting7. Nirmal Gupta and Chhavi Sharma : Corporate Accounting Theory and Practice

COM5SA – CORE 20 SPECIAL ACCOUNTING


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




Reg. No…………...…

Name:……………….

B.COM DEGREE (C.B.C.S.S) EXAMINATIONFIFTH SEMESTER

CORE 14 - COM5SA SPECIAL ACCOUNTING


PART AAnswer ALL ten questions


1. What is meant by standard assets?2. What do you understand by annuity?3. What is Premium?4. What are short sales?5. What is interest quotation?6. What is statutory reserve?7. What is realization account?8. What is Reinsurance?9. Write the rule laid down in Garner vs Murray.10. What is cum interest quotation?

(10 x 1 = 10 marks)

PART BAnswer any eight questions

Each question carries 2 marks11. What are the different types of investments?12. How do you prepare valuation balance sheet?13. What do you mean by Life assurance fund?14. What is memorandum trading account? Why it is prepared?15. What are the different types of Registers and Books maintained by Life Insurance

Companies?16. What do you mean by cum-interest or dividend?17. What is indemnity period?18. What is bonus in life insurance premium?19. What is fixed income bearing securities?20. What is meant by unrecorded assets? How do you deal with it at the time of dissolution of a

firm?21. What is slip system of posting?22. Explain NPA.




Standard 5,000Sub standard 4,000Doubtful : for one year 800

For three years 600For more than three years 200


(8 X 2 = 16 marks)

Part C



23. What are the purposes of maintaining Investment Ledger?24. A fire occurred in the premises of Chakraborthi on 15th October 2009 and a considerable part

of stock was destroyed. The stock salvaged was Rs.22, 000. From the account books andother records that saved, the following information is available.

2006 2007 2008 2009Opening stock 70,000 50,000 60,000 1, 00,000Purchases less return 2,00,000 2,90,000 3,26,000 2,40,000Wages 20,000 20,000 24,000 22,000Sales less return 3,00,000 4,00,000 4,00,000 3,20,000Closing stock 50,000 60,000 1, 00,000 ------Prepare a statement for submission to the Insurance Company in support of the claim forloss of stock.

25. How is the gross profit computed for the purpose of insurance on loss of profit?26. Distinguish between trade investments and marketable securities.27. What are ‘life funds’ and ‘Reserve for unexpired risks’?28. Mr. Investor furnishes the following details relating to his holding in 16% , Debentures

(Rs.100 each) of Y Ltd. held as current assets:1.1.05 Opening balance - Face value Rs.60, 000, Cost Rs.59, 0001.3.05 100 Debentures purchased ex-interest at Rs 98.1.7.05 Sold 200 Debentures ex-interest at Rs.100.1.10.05 Purchased 50 Debentures at Rs.98 cum-interest1.11.05 Sold 200 Debentures ex-interest at Rs.99.

Interest dates are 30th September and 31st March. Mr. Investor closes his books every31st December. Brokerage @ 1% is to be paid for each transaction. Show the investmentaccount as it would appear in his books. FIFO Method is to be assumed. Market value of a16% Debentures of Y Ltd. on 31.12.05 was Rs.99.

29. From the following information, find out the amount of provisions to be shown in the Profitand loss account of AG Bank.

AssetsRs. in lakhs

105



Cash in hand 300 Bank loans 1,000Cash with other banks 1500 Loan on companies policies 350Contingency reserve 200 Outstanding premiums 120General reserve 600 Sundry creditors 375Reserve for unexpired risks: Outstanding expenses 125

Fire 800 Agents balance 55Marine 700 Investment in government

Premises 750 securities 1,200Share capital: 1,00,000 equity shares of10each fully called and paid 1000 Shares and debentures of jointPublic deposit 500 stock companies 750Profit and loss account balance 150 Claims outstanding 175Mortgage loans 400 Investment Reserve 100

Loss assets 1,00030. Smart, Glad and Sad were partners sharing Profits and losses in the ratio 2:2:1. Their balance

sheet as on 31.12.2004, on the date of dissolution was as follows:Liabilities Amt Assets Amt

Capital: Smart

Glad

Sad

Reserves

creditors

24,000

16,000

2,000

5,000

38,000

85,000

Cash at bank

Fixed assets

Stock and debtors

Bills receivable


1,000

55,000

10,000

4,000

15,000

85000

Fixed assets realized Rs.40,000, Stock and debtors realized Rs.50,000 and creditors are paidRs.3,000 less. Smart took over the bills receivable at Rs.4,000 itself. The firm has a liabilityof Rs.2,000 on legal charges due. The realization expenses amounted to Rs.3,000. Sad isinsolvent and his estate paid only 50% of the amount due. Close the accounts applyingprinciples laid down in Garner Vs Murray.

31. What are the modes of dissolution of the firm?(6 X 4 = 24 marks)

PART CAnswer any two questions

Each question carries 15 marks.32. Given below are ledger balances of Grand Insurance Corporation as on 31st March,2011 after

the preparation of revenue and profit and loss accounts:




Development loans 250 Deposit with Electricity Board 50

Prepare the Balance Sheet of the company as on 31st March, 2011 supported by schedules. Marketvalue of investments as on 31.3. 2011 was Rs.18, 00,000

33. Smart, Glad and Sad were partners sharing Profits and losses in the ratio 2:2:1. Their balancesheet as on 31.12.2004, on the date of dissolution was as follows:

Liabilities Amt Assets Amt

Capital: Smart

Glad

Sad

Reserves

creditors

24,000

16,000

2,000

5,000

38,000

85,000

Cash at bank

Fixed assets

Stock and debtors

Bills receivable


1,000

55,000

10,000

4,000

15,000

85000

Fixed assets realized Rs.40,000, Stock and debtors realized Rs.50,000 and creditors are paidRs.3,000 less. Smart took over the bills receivable at Rs.4,000 itself. The firm has a liabilityof Rs.2,000 on legal charges due. The realization expenses amounted to Rs.3,000. Sad isinsolvent and his estate paid only 50% of the amount due. Close the accounts applyingprinciples laid down in Garner Vs Murray.

34. From the following information, find the claims under a loss of profit policy.Sales in 1999 Rs. 1, 00,000Sales in 2000 1, 20,000Sales in 2001 1, 44,000Sales in 2002 1, 72,000Standing charges (all insured) in 2002 7,280Net profit in 2002 10,000Policy value 50,000Date of dislocation by fire 1.1.2002Period of dislocation 3 monthsIndemnity period 9 monthsSales from 1.1.2002 to 31.3.2002 43,200Sales from 1.1.2003 to 31.3.2003 11,840There was no reduction in standing charges during the dislocation period, nor were there

any additional costs.

35. The following are the figures extracted from the books of Kailas Banks Ltd as on 31.3.2009




Amt (Rs)

Interest and discount received 12,50,000Interest paid on deposits 6,50,000Commission, brokerage and exchange 2,40,000Rent received 40,000Profit on sale of investments 20,000Loss on sale of investments 5,000Salaries and allowances 3,60,000Directors fee and allowances 30,000Rent and taxes paid 24,000Printing and stationery 12,000Postage and telegram 5,000Other expenses 4,000Audit fees 3,000Depreciation on banks property 15,000Balance of profit as on 1.4.2008 2,40,000Other information:1) Provide Rs.15,000 for doubtful debts2) Provide Rs.60,000 for taxation3) Rebate on bills discounted on 31.3.2009 Rs.40,0004) Provide 10% dividend on the paid up capital of Rs.10,00,000

(2 X 15 = 30 marks)




Semester VI

Name of the Course: APPLIED COST ACCOUNTING


Aim of the course:

To enable the students to identify the methods and techniques of costing applicable fordifferent types of industries.


Analytical Study of Different Methods And Techniques Of Cost Accounting.

Syllabus Content:

MODULE-1 Introduction to the application of costing methods and techniques in businessdecision making-Job costing Meaning Procedure Accounting. Batch costing- Meaning-Procedure- Economic Batch Quantity………………………………………… (10hrs)

MODULE-2 Contract costing-Meaning-Objectives-Work certified anduncertifieddeterminationof profit on incomplete contract-Working progress- Balance sheet-Escalation clause-Retention money-Cost plus contract…………………....(15 hrs)

MODULE -3 Process Costing Process Accounts Process Losses Abnormal gain and itstreatment Joint products and By-products Methods of apportioning Joint costs.………………………………………………………………………………………….(20hrs)

MODULE -4 Marginal Costing Meaning-Definition-Difference between marginal costingand absorption costing and differential costing-Advantages and disadvantages-Break EvenAnalysis Cost Volume Profit analysis Simple break even chart- Decision making Pricingdecisions-Keyfactor-Make or buy- Sales mix-acceptance of order……………….(25 hrs)

MODULE-5 Budget and budgetary control-Meaning and definition- Objectives- Relationwith planning and control-Budget centre-Budget manual- Budget committee-Preparation ofcash budget and flexible budget-Zero base budgeting-Performance budgeting-…(20 hrs)


1.Decision making in production process is simplified.

2.In contract works profit can be calculated.



3.Helps in pricing decisions.

4. Generates capability in Budgeting.

5. Explain the Calculation of Notional Profit to be taken to Profit & Loss A/c

6.Describe the treatment of Normal Loss and Abnormal Loss in Process Acccounting.

7.Accounting Treatments of Joint Products and By Products.

8. Describe P/V Ratio, BEP and Margin of Safety & Break Even Charts.

9. Preparation of Sales Budget, Cash Budget & Flexible Budget.

Learning Resources

Advanced Cost Accounting – Jain &Narag.Advanced Cost Accounting – K.G.C.NairAdvanced Cost Accounting – M.A.BabyJain. S.P and Narang.K.L : Advanced Cost AccountingPrasad.N.K : Advanced Cost AccountingKhan.M.Y and Jain.P.K : Advanced Cost AccountingThulsian P.C : Practical CostingArora.M.N : Principles and Practice of Cost AccountingM.L Agarwal : Advanced Cost AccountingBendrey, Essentials Of Management Accounting.Murthy R.V.V, Cost and Management Accounting.

COM6ACA APPLIED COST ACCOUNTINGModules Hours 1 mark 2 marks

8/124 marks

6/915 marks

2/4Total

26/ 35

Module 1 15 2 2 1 1 6

Module 2 10 2 2 2 1 7Module 3 15 2 2 2 1 7Module 4 20 2 3 2 1 8Module 5 12 2 3 2 0 7



B. COM DEGREE (C.B.C.S.S) EXAMINATIONSIXTH SEMESTER

Reg. No……………….

Name………………....

CORE -15 COM6ACA APPLIED COST ACCOUNTING

Time: Three Hours Maximum: 80 Marks


Each question carries 1 mark1. What is EBQ?2. What is meant by escalation clause?3. What is marginal cost?4. What is a Job card?5. What is BEP?6. What is a Budget manual?7. What is Process Costing?8. What is Batch Costing?9. What do you mean by normal loss?10. What is notional profit?

Part B

(10x1=10 marks)


11. What is meant by retention money?12. What is meant by Cost plus contract?13. What do you understand by Job Costing?14. What is meant by margin of safety?15. What are joint products?16. How will you treat abnormal loss in process costing?17. What is absorption costing?18. Compute the economic batch quantity with the following information.

Monthly demand for the component-4000 unitsSet up cost per batch Rs.100Annual rate of interest- 5%Cost of manufacture per unit Rs.2000

19. What is Performance Budgeting?20. What is Zero base budgeting?21. Write the marginal cost equations22. Differentiate cost control and cost reduction.

(8x2=16 marks)





23. In process B, 75 units of commodity were transferred from process A at a cost of Rs. 1308/-.The additional expenses incurred by the process were Rs 202. Normal loss is 20% of the unitsintroduced. Scrap value is Rs. 4 per unit. The output of the process was 70 units. Prepareprocess B a/c

24. A product passes through two distinct processes A and B and thereafter it is transferred tofinished stock. The output of A passes to B and that of B to finished stock. From the followinginformation, you are required to prepare process accounts.

Process I Process II

Materials consumed 12000 6000

Direct labour 14000 8000

Manufacturing expenses 4000 4000

Input in process A (units) 10000

Input in process A (value) 10000

Output (units) 9400 8300

Normal wastage 5% 10%

Value of normal wastage (per 100 units) 8 10

25. Given: Material Rs. 4,010Wages of A : 60 hrs at Rs. 3 per hour

B: 40 hrs at Rs. 2 per hourC: 20 hrs at Re. 1 per hour

Variable Overhead Rs. 2 per hourFixed Overhead Rs.20, 000 for 10,000 hours.Calculate cost of the job.

26. Distinguish between absorption and marginal costing.27. Distinguish between Job Costing and Process Costing.28. Distinguish between scrap, waste, spoilage ad defectives.29. Explain the different methods of costing.30. Prepare a Flexible budget for production at 80% and 100% activity on the basis of the following

information.Production at 50% capacity 5,000 unitsRaw Materials Rs.80 per unitDirect Labour Rs. 50 per unitDirect expenses Rs.15 per unitFactory Expenses Rs. 50,000 (50% fixed)Administration expense Rs.60, 000 (variable 60%)

31. Assuming that the cost structure and selling prices remain the same in Periods I and II, find out:



Materials 70Labour 25Variable overhead 20Fixed overheads (Rs. 100000) 10Variable expense (Direct) 5Selling expense (10% fixed) 13Distribution expense (20% fixed) 7Administration expense (Rs. 50000) 5

Total cost per unit (Rs) 155

a) Profit Volume ratio; b) Fixed Cost; c) BEP for sales; d) Profit when sales are of 1,00,000; e) Sales required to earn a Profit of Rs.20,000; and f) Margin of Safety at a profit of Rs.15,000; g) Variable cost in Period II

Period Sales Profit

Rs. Rs.

I 1, 20,000 9,000

II 1, 40,000 13,000



(6x4=24 marks)

32. Prepare Contract account from the following particulars

Contract Price

Rupees

10, 00,000Materials purchased 80,000Direct Wages 40,000Indirect Expenses 20,000Plant issued 20,000Work certified 2, 00,000Work uncertified 10,000Cash received from contractee 1, 60,000Plant at site 16,000Materials at site 7,000

33. The expenses budgeted for production of 10000 units in a factory are furnished below :Rs.Per unit

Prepare a budget for the production of1) 8000 units



2) 6000 unitsAssume administrative expenses are rigid for all levels of production.

34. Explain the different types of Budgets.35. HB ltd receives an enquiry from Toy land to supply 10000 toy cars and asks for the selling

price of it. The estimated cost data is given below:

Rupees

Direct materials 30,000

Direct labour 24,000

Direct expense 15,000

Factory overheads 80% of the direct labour cost

Administration overhead 20% of works cost

Selling and distribution overhead 10% of works cost

The company intends to earn a profit of 25% on cost in respect of this order. You arerequired to work out the selling price to be quoted to Toy land by preparing a Job Cost sheet.

(2x15=30 marks)

**************************



Name of the Course: Practical Auditing


Aim of the course:

(i) To impart deep knowledge in the entire system of auditing.(ii) To familiarise the students with the process of audit.


The course includes the principles and procedures followed in auditing, importance ofinternal check system and internal control system, duties and responsibilities of anauditor, audit of limited companies, investigation, recent trends in auditing.

Syllabus Content:

MODULE-I- Introduction - Meaning and objectives of auditing Types of audit- Auditprogramme - Audit Note Book Working papers -Evidences- Considerations beforecommencing an audit work- Routine checking and test checking- Qualifications of anauditor- Liabilities of an auditor in case of negligence- Misfeasance-Criminal liability-Liability towards third parties. (15 hrs)

MODULE-2- Internal control- Internal check and internal audit - Audit Procedure.Vouching-requirements of a voucher Vouching of cash sales, receipts from debtors, cashpurchases, payment to creditors, payment of wages, purchase of land and buildingsDuties of an auditor-Verification and valuation of assets and liabilities Methods Dutiesof an auditor. (25hrs)

MODULE-3- Audit of limited companies Company auditor Qualificationsdisqualifications- Appointment Rights, duties and liabilities Removal. Share capital andshare transfer audit Audit Report Contents and types. (20hrs)

MODULE-4- Investigation- Distinction between audit and investigation Types ofinvestigative audit where fraud is suspected- On acquisition of a running business.

(15hrs)

MODULE-5- Recent trends in Auditing- Nature and significance of Cost audit-Objectives- Tax audit-objectives Management audit-objectives- Social audit-Objectives-Government audit- Objectives-Performance audit-Objectives- Auditing inEDP (Electronic Data Processing) environment-Audit Assurance Standards-Meaningand scope. (15hrs)


(i) Introduces audit process to students.



(ii) Recognise the considerations before commencing an auditwork. (iii) Identify the qualifications and liabilities of an auditor.(iv) Familiarise the students with concept of internal control system

in organisations.(v) Emphasises the importance of vouching.(vi) Understand vouching procedure followed for cash sales, receipts from

debtors, cash purchases, payment to creditors, payment of wages,purchase of land and building etc.

(vii) Understand the duties of an auditor.(viii) Describe the methods of verification of assets and liabilities.(ix) Understand the qualifications, disqualification, appointment, rights,

duties and liabilities of a company auditor.(x) Describe share transfer audit.(xi) Preparation of audit report, contents and types of auditreport. (xii) Distinguish between audit and investigation.(xiii) Understand different types of investigation.(xiv) Describe the nature and significance of cost audit.(xv) Understand the concept of tax audit, management audit, social

audit, government audit, performance audit etc.(xvi) Explain how auditing is conducted in electronic data processing

environment.

Learning Resources Practical Auditing by M.M. Abraham.

Sharma .T.R : Auditing

Tandon.B.N : Practical Auditing

Saxena and Saravanavel : Practical Auditing Ravinder Kumar and Virender Sharma : Practical Auditing

JagadeeshPrakash : Principles and Practices

Raman.B.S : Auditing DinkarPagare : Auditing.

COM6PA- PRACTICAL AUDITING


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35




Reg. No……………….

Name………………....


CORE -16 COM6PA- PRACTICAL AUDITING



Each question carries 1 mark1. What is cost audit?

2. What is meant by misfeasance?

3. What is a voucher?

4. What is internal control?

5. What are bonus shares?

6. What is a qualified report?

7. State any two objectives of investigation?

8. State any two methods of ascertaining the earning capacity of a business?

9. What is EDP environment?

10. What is social audit?


Each question carries 2 marks.11. What do you mean by ‘tailor – made’ audit programme?

12. What is Lapping?

13. What are audit principles?

14. What are contingent assets?

15. What is internal audit?

16. What is clean report?

17. When can company auditor be removed?

18. Mention the features of investigation.

19. What is Performance audit?

20. Mention the contents of investigation report.

21. What do you mean by Audit in depth?

(10x1=10 marks)

22. What is audit memorandum? (8x2=16 marks)





23. What are the difference between Accounting and Auditing?

24. What are the objectives of Government audit?

25. Briefly explain about the types of Audit Programme.

26. Distinguish between routine checking and Vouching.

27. Vouching is the back bone of auditing. Explain.

28. What is meant by Issue of shares at a premium? State the purposes for which share premium

can be utilized?

29. How do you conduct investigation when you suspect that there is misappropriation of cash?

30. What are the objectives of management audit?

31. Briefly explain the duties of an auditor in connection with detection and prevention of errors

and frauds.

(6x4=24 marks)



32. What are the preliminary steps used before commencing a new audit?

33. Briefly explain about the types of audit report and its basic elements.

34. Discuss about the duties of an auditor.

35. What do you mean by internal check? What are the advantages, disadvantages, objectives

and duties of an auditor as regards internal check?

(2x15=30 marks)

**************************


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamName of the Course: ACCOUNTING FOR MANAGERIAL DECISIONS


Aim of the course:

1. To enable the students to have a thorough knowledge on Management Accounting’.

2. To Understand the concept of Management Accounting in Business.

3. To Equip the students to interpret Financial Statements.


The Course Covers The Importance of Financial Statements , Its Analysis andinterpretation, different types of Financial Analysis, The importance of Ratio Analysisand the classification of Ratios, The need for Fund flow and Cash flow analysis, TheSchedule of changes in working capital, Fundamental aspects of ResponsibilityAccounting, The different types of Responsibility Centres.

Syllabus Content:

MODULE-1Financialstatements-Meaning-Essentials-Importance-Characteristics-Nature- Limitations-Analysis and interpretation of financial statements- Objects andimportance of analysis and interpretation-Types of financial analysis-External analysis-Internal analysis-Horizontal analysis-Vertical analysis-Methods and techniques used infinancial analysis-Comparative statement-Common size statement-Trend analysis.(15hrs)

MODULE-2 Ratio analysis-Introduction-Meaning and definition-Objectives-Importance and uses-Limitations-Classification of ratios-short term liquidity-Currentratio-Quick ratio-Absolute liquidity ratio-Long term financial ratios-Debt equity ratio-Proprietary ratio-Solvency ratio-Fixed assets ratio-Debt service ratio-Ratio of long termdebt to share holders fund-General profitability ratios-Overall profitability ratios-Returnon share holders funds-Return on equity capital-EPS-Return on capital employed-Capital turnover ratio- Dividend yield ratio-turnover ratios-Preparation of Trading andprofit and loss account and balance sheet by using ratios(25 hrs)

MODULE-3 Fund flow analysis-Introduction-meaning and definition of fund-Need forfund flow statement-managerial uses-Limitations-Procedure for the preparation of fundflow statement-Schedule of changes in working capital.(20hrs)

MODULE-4 Cash flow statement-introduction-Meaning-Utility-Comparison betweenfund flow statement and cash flow statement-Preparation of cash flow statement. (As perAS-3) (15hrs)


120120120


MODULE-5 Responsibility accounting-Meaning and definition-Fundamentalaspectsfeatures-Advantages-Disadvantages-Steps involved-Responsibility center and itstypes. (Theory only)...(15 hrs)


1. Understand the concept of Financial Statement.2.Identify the analysis and interpretation of Financial Statements.3.Recognise the methods and Techniques used in financial analysis.4.Identify the different types of ratio Analysis.5. Understand and interpret the classification of Ratios.6. Distinguish the preparation of Fund flow and Cash Flow Statementof BusinessConcerns.7. Identify the Schedule of changes in Working Capital.8. Recognise the importance of Responsibility Accounting9. Distinguish the different types of Responsibility Centre.

Learning ResourcesAccounting for Managerial Decisions , A.VinodAccounting for Managerial Decisions, Jain &NaragAccounting for Managerial Decisions, K.G.C.Nair.Man Mohan, Goyal.S.N : Principles of Management Accounting.Shashi.K.Gupta and Sharma.R.K : Management AccountingGupta.S.P and Sharma.R.K : Management AccountingKulshustia and Ramanathan : Management AccountingMaheswari.S.N : Management Accounting and Financial Control.Pandey .I.M : Principles of Management AccountingKhan.M.Y&Jain.P.K : Management AccountingRevi.M.Kishore : Management AccountingJhamb H.V, Fundamentals of Management Accounting.S. Jayapandian, Accounting for Managers.

COM6AMD – ACCOUNTING FOR MANAGERIAL DECISIONS

Module Hours 1 mark10/10

2 marks8/12

4 marks6/9

15 marks2/4

Total26/35



121121121



Reg. No……………….

Name………………....

CORE -17 COM6AMD – ACCOUNTING FOR MANAGERIAL DECISIONS

Time: Three Hours Maximum: 80 MarksPart A


1. What is external analysis?

2. What is financial statement analysis?

3. Distinguish between profit centre and revenue centre.

4. How will you calculate cash from operations?

5. What is common size statement?

6. What is meant by financial statements?

7. Explain current ratio.

8. What is meant by horizontal analysis?

9. Explain cash flow statement.

10. What is gross working capital?

(10x1=10 marks)



11. Differentiate fund flow statement and cash flow statement.

12. What is responsibility accounting? What are its uses?

13. Explain trend analysis. How trends are calculated?

14. Distinguish between fund from operation and cash from operation.

15. What is meant by funds from operations?

16. When does fund flow occur?

17. What is equity? How is it calculated?

18. Explain ROI

19. Explain liquid assets

20. What do you mean by cash from financing activities?

21. What is meant by common size balance sheet?

22. Why depreciation is added back with net profit while calculating funds from operartions?

122122122





(8x2=16 marks)

23. What are the limitations of financial statements?24. Explain the utility of cash flow statement.25. Explain briefly about the use of ratio analysis.26. What are the types of responsibility centres?27. Calculate ‘Liquidity Ratio’ from the following information: Current liabilities = Rs. 50,000

Current assets = Rs. 80,000 Inventories = Rs. 20,000 Advance tax = Rs. 5,000Prepaid expenses = Rs. 5,000

28. From the following details, calculate interest coverage ratio: Net Profit after tax Rs. 60,000;15% Long-term debt 10,00,000; and Tax rate 40%.

29. From the following information prepare a common size statementSales 10, 00,000Cost of goods sold 7, 60,000Commission paid 30,000Interest paid 25,000Salaries 75,000Income received 50,000

30. Current ratio 2.5, liquidity ratio 1.5, working capital Rs.60,000Calculate a) current liabilities (b)current assets (c)liquid assets and (D) stock

31. The comparative balance sheets of XYZ Ltd at two different dates provide the followinginformation:Assets 2006 2007Plant and machinery 13, 50,000 14,40,0000It is informed that the depreciation amounting to Rs.60,000 has been provided during theyear. Find the changes that have taken place in the asset and also state their effect on cashflows. (6x4=24 marks)


Each question carries 15 marks32. What is responsibility accounting? What are its essential features? Explain its merits and

demerits.33. From the following two Balance Sheets as on 31st December, 2006 and 2007, you are

required to prepare a schedule of changes in working capital and a funds flow statement for2007:

Assets:

Dec. 31, 2006 Dec 31, 2007

CashDebtorsStock in trade

30,0001,20,000

80,000

47,0001,15,000

90,000

123123123


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamShort Term Investments 50,000 66,000Long Term Investments 40,000 50,000Land 20,000 18,000

3,40,000 3,48,000

Capital and liabilities:Share capital 2,00,000 2,50,000Bank Loan 50,000 34,000Outstanding Expenses 10,000 14,000Trade creditors 70,000 55,000Retained Earnings 10,000 33,000

3,40,000 3,48,00034. Form the following details relating to the accounts of ABC Ltd. prepare Cash Flow

StatementLiabilities 31-3-2012

Rs.

31-3-2011

Rs.

Assets 31-3-2012

Rs.

31-3-2011

Rs.

Share Capital

Reserve

Profit and Loss Account

Debentures

Provision for Taxation

Proposed Dividend

Sundry Creditors

10,00,000

2,00,000

1,00,000

2,00,000

1,00,000

2,00,000

7,00,000

8,00,000

1,50,000

60,000

----------

70,000

1,00,000

8,20,000

Plant and Machinery

Land/Building

Investments

Sundry Debtors

Stock

Cash on Hand

7,00,000

6,00,000

1,00,000

5,00,000

4,00,000

2,00,000

5,00,000

4,00,000

-----------

7,00,000

2,00,000

2,00,000

Additional information:(i) Depreciation @25% was charged on the opening value of plant and machinery.(ii) During the year one old machine costing Rs 50,000 (WDV Rs 20,000) was sold forRs.35,000(iii) Rs.50, 000 was paid towards income tax during the year.(iv) Building under construction was not subject to any depreciation.

35. From the following particulars prepare the balance sheet of Cool Co. Ltd.Current Ratio 2Working capital Rs.4, 00,000Capital block (employed) to current assets 3:2Fixed assets to turnover 1:3Sales cash/credit 1:2Debentures/share capital 1:2Stock velocity 2 months

124124124


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamCreditors’ velocity 2 monthsDebtors’ velocity 3 monthsGross profit ratio 25% (to sales)Net profit 10% of total salesReserve 2.5% of total sales

(2x15=30 marks)

125125125



SYLLABI FOR CHOICE BASED CORE COURSES

126126126



Semester III

A. FINANCE & TAXATION

Name of the Course: FINANCIAL MANAGEMENT


Aim of the course:This paper is intended to familiarize the students with the fundamental concepts ofcorporate finance and the various finance functions.


It starts with deep commitment to make businesses and commerce better through propermanagement of finance. The course covers areas of long term financing decisions andalso the mechanics of computing cost of capital..It provides knowledge about capitalstructure of a firm and also the importance of working capital management. Dividendpolicies are also explained in detail.

Syllabus Content:

MODULE-1 Introduction and Meaning of finance, Financial Management- importance,scope - objectives of Financial Management-Profit MaximisationVs Wealthmaximization.-Finance function-Time Value of money, concepts of compounding anddiscounting.-(Theory only)(15 hours)

MODULE-2 Financing Decisions-Sources of finance Equity, debt, preference-Cost ofcapital- Concept, importance, measurement of specific costs- Cost of debt, redeemableand irredeemable debt.-Cost of preference share capital redeemable and irredeemable-Cost of equity capital, cost of retained earnings-Overall cost of capital-Assignment ofweights-Book value and market value weights-Mechanics of computation of overall costof capital(20 hours)

MODULE-3 Capital Structure-Meaning of capital structure-Capital structureVsCapitalisation-Optimum capital structure-Capital structure theories- Net IncomeApproach, Net Operating Income Approach, Modigliani-Miller Approach, ArbitrageProcess; Traditional Approach-Factors determining capital structure-Leverage-meaning,types-Operating Leverage- Meaning and computation -Financial leverage- meaning andcomputation-Compositeleverage- Meaning and computation (Theory and problems)(20 hours)

127127127



MODULE-4 Working capital-meaning-definition-importance-Gross working capital,Networking capital-Factors determining the working capital- Estimation of workingcapital requirements.(20 hours)

MODULE-5 Dividend Decisions-Dividend Policy-Conservative Vs Liberal policy-Pay-outratio, Retention ratio-Dividend theories-Irrelevance theory-Modigliani-MillerHypothesis; Relevance theories-Walter s Model, Gordon s Model- Determinants ofdividend policy-Bonus shares, Stock splits.(15hrs)


C1: Familiarising students with the basic objectives of Financial management.C2: Proper understanding of profit maximization and wealth maximization concepts

C3:Application of time value of money in financial management.C4. Identifies the sources of finance.C5: Introducing the concept of cost of capital and its application in businessC6:Identifying the optimal capital structure of a firm

C6: Distinguishing capital structure and financial structureC7: Understand different theories of capital structureC8: Clear understanding of working capital management of a business enterpriseC9: Introducing the mechanics and practices of dividend payment.C10: Identifying an optimal dividend policy.C11: Develops skill in proper management of finance

Learning Resources:1. Khan M.Y & Jain P.K., Financial Management Text, Problems and Cases2. Prasanna Chandra, Financial Management Theory and Practice3. Pandey I.M., Financial Management4. Maheshwari S.N., Financial Management Principles and Practice5. Shashi K Gupta and Sharma R.K., Financial Management6. Knott, Financial Management.

COM3FM –CORE (OPTIONAL) 1 - FINANCIAL MANAGEMENT


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 15 2 2 2 1 7

Module 2 20 2 3 3 0 8

Module 3 20 2 2 2 1 7Module 4 20 2 3 1 1 7

Module 5 15 2 2 1 1 6

128128128


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamReg: No……………

Name………………….

B.COM. DEGREE (C.B.C.S.S) EXAMINATION

THIRD SEMESTER

CORE (OPTIONAL) 1 - COM3FM –- FINANCIAL MANAGEMENT

Time : 3 Hrs Max. marks:80


Each question carries1marks1. What is Financial management?2. What is cost of capital?

3. What is NI approach?

4. What is time value of money?

5. What is seasonal working capital?

6. Define capital structure.

7. What do you mean by financing decision?

8. What is operating leverage?

9. What is stock split?

10. What is bonus share?

(10x1=10)

11. What is operating cycle ?

Section BAnswer any eight questions.


12. What are the various concepts of cost of capital?13. What is profit maximisation approach?14. State the traditional concept of finance function?15. What is factoring?16. What is ploughing back of profit?17. What is regular dividend policy?18. What is bonus issue?19. What is working capital management?20. What is leverage analysis?21. What do you mean by the term trading on equity?22. What is optimum capital structure? (8x2=16)

129129129


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamSection C

Answer any six questions.Each question carries 4 marks

23. Explain the functional areas of financial management.24. What are the factors determining cost of capital?

25. Which are the major sources of finance for corporate houses?

26. What do you understand by capital gearing?What is its significance?

27. Distinguish operating leverage and financial leverage?

28. What is the importance of financial planning?

29. Explain the decisional areas of financial management.

30. What do you mean by dividend policy? Differentiate between Conservative and Liberal

Dividend policy.

31. X Ltd. Ha s a net operating income of Rs.5,00,000. It has 10% debentures of

20,00,000. The cost of equity capital has been estimated at 15%Compute the value of firm

according to net income theory. Also compute the overall cost of capital of the company

(6x4 =24)

Section DAnswer any 2 questions.

Each question carries 15 marks32. Discuss the relationship of financial management with other disciplines?

33. State the problems faced by women entrepreneurs and suggest solutions?

34. Briefly explain the need and significance of Entrepreneurial Development and training.

35. DC Ltd. Has 50,000equity shares of Rs100/-each.The company is planning anexpansion for which it requires additional capital of Rs50,00,000and it has the followingoptions.

(a).Issue of 50,000new equity shares of the same denomination

(b).Issue of 25,000equity shares and 12%debentures for Rs2,50,000

(c)Issue of 20,000equity shares and take a long term loan at 9% for the balance

(d)Issue of 20,000 equity shares and 11% preference shares of Rs 100/- for the balance

The expected annual earning before interest and tax after expansion is estimated to be Rs25lakhs.Assuming corporate tax rare of 30%,Compute EPS at different options Also computethe financial leverage.

. (2x15=30)


130130130


Semester IV

Name of the Course: VALUE ADDED TAX – CONCEPTS & PRACTICE


Aim of the course:

The course also aims to enable the students to practice as tax consultants after graduation


The objective of the course is to provide an understanding of the concept of Value Added TaxScheme and provide an insight into the aspects and procedures in connection with KeralaValue Added Tax Act and Rules, which are useful to the emerging entrepreneurs..

Syllabus Content:MODULE-1 Value Added Tax Introduction - Meaning and Concepts - Evolution - Featuresof VAT - Objectives - How does VAT work? KVAT Act 2003 History Objectives Definitionsof Assessee - Assessing Authority Books 48of Accounts Business Capital Goods - CasualTrader Dealer Goods Input Tax Output Tax Manufacture Non Resident Dealer Person Placeof Business Reverse Tax Sale Price Taxable Turnover Total Turnover Turnover WorksContract Zero Rate Sale Authorities under KVAT Act Commissioner Powers AppellateTribunal Constitution Functions Chairman Settlement Commission Constitution FunctionsChairman (18 Hrs)

MODULE-2 Incidence and Levy of Tax - Liability to collect and remit VAT - Liability topay tax - Rates as per schedules Presumptive tax Trade discount Payment of tax atcompounded rate Input tax credit Cases where input tax credit is not allowed (a brief studyonly) Special rebate Refund of input tax in case of export/ interstate sale Reimbursement oftax under sec 14 Determination of taxable turnover Net Tax payable (12 Hrs)

MODULE-3 Provisions under KVAT Act 2003 & KVAT Rules 2005 regarding:a)Registration of dealers Who are liable to get registered Application and procedureCertificate of registration Security to be furnished Suspension and Cancellation Issue ofPermit b) Filing of returns various types of returns e-filing documents to be submitted Returnsto be filed by Casual trader, head office of a branch, records by owners of vehicles and vesselsc) Assessment Self assessmentassessment in case of non-filing of return or defective returnVisit to dealers premises & audit of accounts and records Audit assessment Best JudgmentAssessment Assessment of escaped turnover Protective assessment - Assessment of legalrepresentatives. d) Payment and recovery of tax Recovery of penalty Modes of recovery e)


131131131


Maintenance of accounts by dealers Credit notes and debit notes Audit of accounts andcertification of return Power to order production of accounts Power of entry, inspectionSearch and seizure of documents Purchase of goods to prevent undervaluation establishmentof check posts and documents to be carried Inspection of goods in transit and transit pass(40 Hrs)MODULE-4 Appeals and Revisions - Appellate mechanism and procedures Appeals toDeputy Commissioner Revision by Deputy Commissioner suomotu - Revision by DeputyCommissioner on application - Revision by Commissioner suomotu - Revision byCommissioner on application Appeal to Appellate Tribunal Filing of application forsettlement of cases Appeal to High court (12 Hrs)

MODULE-5 Offences under KVAT Act/Rules Offences- Imposition of penalty by4authorities Penalty for default in Payment of tax- penalty for transport of goods withoutrecords- penalty for prevention / obstruction of survey or inspect ion, penalty for submittinguntrue return, penalty for illegal collection of tax. Other provisions regarding Power tosummon Witnesses & Cause production of documents Person entitled to appear beforeauthority, rounding off of turnover, tax service of notice refund power to withhold refund timelimit for disposal of appeal or revision KGST Act 1963 to have limited application(8 Hrs)

Practical Work/Assignment Collection and filling up of various forms under KVAT Act/RulesPreparation of Returns.


1. Understand the basic concepts of value added tax2. Deals with Concept like assesses, dealer, reverse tax, TIN,PIN, Taxable turnover3. Identify Appellate authorities and commercial tax authorities4. Understand who is liable to pay tax5. How a dealer can get himself registered under the Act.6. How dealers are liable to get registered under VAT Act7. The application procedure for registering under VAT`8. How to obtain the certificate of Registration9. Procedures for Filling of returns under VAT10. Understand how assessment takes place11. Understand Best judgement assessment12. Penalties and offences regarding VAT13. Penalty for default in tax payment14. Penalty for submitting untrue returns15. Penalty for obstructing survey/inspection.16. Understand how the govt collects tax17. Understand the provisions for input tax credit18. Provisions under KVAT Act 20O319. Rounding off turnover


Learning Resources

1. Bare Acts2. Jose Pottakaran B.Com. F.C.A. The Kerala Value Added Tax Act 2003,Law Books Centre, Banerjee Road, Ernakulam3. BalramSangal All India VAT Manual Commercial Law Publishers Pvt.Ltd. Rajendra Market, Delhi4. KulBhushan How to deal with VAT Pearson Education Pvt. Ltd., Delhi

COM4VATCP–VALUE ADDED TAX- CONCEPTS AND PRACTICE

Modules Hours 1 mark 2 marks 4 marks 15 marks Total10/10 8/12 6/9 2/4 26/35





Reg. No……………….

Name………………….


FOURTH SEMESTER

CORE(OPTIONAL) 2 COM4VATCP–VALUE ADDED TAX- CONCEPTS ANDPRACTICE



Each question carries 1 mark1. What purchase tax?

2. What is tax cascading?

3. What is value addition?

4. Who is an Assessee under VAT?

5. What is reverse tax?

6. What is debit note?

7. What is TIN?

8. What is input tax credit?

9. What is a green card?

10. What is a return? (10x1=10 marks)



11. What is presumptive tax?

12. What is de-registration under the VAT Act?

13. What is meant by tax pyramiding?

14. Differentiate between taxable turnover and total turnover.

15. What is self assessment?

16. What are the situations in which legal representatives are assessed?

17. Who is a casual trader?

18. When is a tax refund made?

19. What is Best Judgement Assessment?

20. What is meant by compounding of tax?



21. What do you mean by protective assessment?

22. The books of accounts of Mr. X shows purchases of Rs.20,000 and sales of Rs.30,000 during

a return period. If the input tax rate is 4% and output tax rate is 12.5%, calculate the VAT set

off for the return period.

(8x2=16 marks)



23. What is Zero rating, which are zero rated items under VAT?

24. What are the rules relating to deduction of tax by awarder?

25. What are the punishments for submitting untrue return?

26. Explain the procedure to be followed for the inspection of goods in transit.

27. Who all are liable to submit returns as per VAT law?

28. Which are the reasons for the cancellation of VAT registration?

29. What is the penalty for transport of goods without proper records?

30. Which are the situations where input tax credit is disallowed?

31. What is the relevance of certificate of ownership? (6x4=24 marks)



32. What are the offences in which penalty is imposed under VAT?

33. What are the different types of assessments under VAT? Briefly explain each of them.

34. Which are the commercial tax authorities? Briefly explain each of them.

35. Explain the provisions in the VAT Act and Rules regarding maintenance and preservation of

accounts by the dealers.

(2 x 15 = 30 marks)

*****************************************



Semester V

Name of the Course: INCOME TAX-LAW & PRACTICE


Aim of the course:

To familiarize the students with the Income Tax & Income Tax Act 1961.To enable the students to compute the taxable income under the heads of Income fromsalary, House property, Profits & gains of Business or profession .

Course Overview and Context:The course covers the history of Income tax in India,Meaning of the basic terms ofIncome tax like Assessee,Assessmentyear,etc,A brief study on Agricultural Income,Determination of Residential status, Various incomes exempted from tax, Computationof Taxable Income under the first three heads of Income salary,Houseproperty,Profits&gains of Business & Profession & the various deductions permissible from the threeheads of Income.

Syllabus Content:MODULE-I Introduction- Brief History of Income tax in India - Basic Concept-Finance Act- Definition of Income, Gross Total Income ,Total Income, Assessee,Assessment Year ,Average Rate of Tax, Maximum Marginal Rate, Previous Year ,Person- Finance Act- Agricultural Income Partly Agricultural Income - Clubbing ofagricultural income with non agricultural income(Integration) Rates of Income Tax -Accelerated Assessment -Capital and Revenue ……………………(15 Hrs)

MODULE-2 Residential Status- Incidence of tax -Income Exempt from tax- Heads ofIncome…………………………………………………………………(15 Hrs)

MODULE-3 Income from salary- Chargeability- Definition-Perquisites-Profit in lieu ofsalary-deductions from salary- Provident funds and treatment -Computation of incomefrom salary (excluding Fringe Benefit Tax) ………………….(25Hrs)

MODULE-4 Income from House Property-Basis of Charge- Deemed ownership-Income from House property exempt from tax- Annual value determination in variouscases- Deductions permissible- Unrealised rent and recovery of unrealized rent andarrears of rent -Computation of Income from House Property …..(15Hrs)

MODULE-5 Profit and Gains of Business or Profession- Chargeability Deductionsexpressly allowed ( a brief study expected) General Deductions- Basic concepts relating


to calculation of permissible depreciation and related concepts- Expenses/Payments notdeductible under certain circumstances- Expenses allowed on actual payment basisonly deemed profits U/S 41- Computation of Profits and Gains of business orprofession………………………………………….(20 Hrs)


1.Understand the history of Income Tax

2.Describe the Definitions of various terms of Income Taxlike assessee,Assessmentyear,gross Total Income,etc

3.Identify the meaning of agricultural Income and clubbing of Agricultural Income withNon Agricultural Income

4, Understand how to determine the Residential status of Individual, HUF, AOP, BOI& Joint stock companies.5,Recognise the various Incomes exempted from Income Tax

6,Understand the Computation of Income from salary,Profit in lieu ofsalary,Deductions allowable from salary7, Describe the Computation of Income from House property,Income exempted fromHouse property.8, Recognise the determination of Annual Value under Income from House Property.

Learning Resources1. Dr.A.PPhilip,Income Tax2. Income Tax assessment &Procedure,Joseph T J3. Income Tax Law &Practice,R. GeethakrishnaPai4. Students Guide to Income Tax- DrVinod K Singhaniaand Monica

SinghaniaTaxmann Publication5. Direct Taxes Law and Practice- Dr H C Mehrotra and Dr S P

Goyal- SahityaBhawan Publications6. Direct Taxes- V P Gaur and D B NarangKalyani Publishers7. Direct Taxes Sri T N Manoharan- Snow White Publications

COM5ITLP INCOME TAX LAW AND PRACTICEModules Hours 1 mark

10/102 marks

8/124 marks

6/915 marks

2/4Total26/35

Module 1 15 2 3 2 0 7

Module 2 15 2 2 2 1 7Module 3 25 2 3 2 1 8

Module 4 15 2 2 1 1 6

Module 5 20 2 2 2 1 7




Reg. No…………...…

Name:……………….


FIFTH SEMESTERCORE (OPTIONAL) 3 COM5ITLP –INCOME TAX LAW AND PRACTICE


PART AAnswer ALL ten questions


1. Define the term “Assessee”.2. What is MMR?3. Is gratuity taxable for a government employee?4. What is RPF?5. What is annual value?6. What do you understand by Co-ownership?7. Define unabsorbed depreciation.8. What is indexing?9. What is deemed ownership?10. What is meant by HRA?

(10 x 1 = 10 marks)

PART BAnswer any eight questions

Each question carries 2 marks11. What are the provisions regarding carry forward and set off of unabsorbed depreciation?12. List out four incomes which are neither included in total income nor is income tax payable

on them.13. What is tax audit?14. What is meant by block of assets?15. What are the deductions from Gross Salary under sec 16?16. Is commuted value of pension taxable? If yes, to what extent?

17. Who is a person as per IT Act?18. Why is that pension taxable under the head ‘salary’ whereas family pension is taxable under

the head ‘other sources’?19. Discuss taxability of House Rent Allowance.20. Distinguish between a Finance Bill and a Finance Act.21. What is the purpose of determining the residential status of an assessee?22. Who is an Assessee in Default?

(8 X 2 = 16 marks)



Part C



23. What is PF? Explain its different kinds and tax implications.24. Explain the different situations of accelerated assessment.25. How will you determine the value of a let out house property if there is both vacancy and

unrealised rent?26. How will you determine the residential status of HUF?27. What are the different types of Annual Rental Values?28. Shri. Om Prakash an Indian citizen was born in U.K He came to India, when he was of 12

years of age and went outside India for the first time when he was 25 years of age. He left forU.K in May 2010 and again came back to India in March 2013. What is his residential statusfor the Assessment year 2013 -14?

29. Mr. Ram is getting a pension of Rs.12,000 per month from a company. During the previousyear he got his one-third pension commuted and received Rs.7,38,000. Compute the taxableamount of pension, if he did not receive gratuity.

30. Sri Vimal employed at Amritsar gets Rs.72,000 as salary, Rs.6,000 as dearness pay and 2%commission on a turnover of Rs.3,00,000 during the previous year. He received Rs.30,000 ashouse rent allowance though he paid Rs.36,000 as rent. Compute the house rent allowanceexempt from tax.

31. `Mr. X is the owner of a house at Agra, particulars in respect of which for the year ended 31st

March, 2013 are as below:a. Actual rent received Rs.45,000b. Municipal valuation Rs.42,000c. Total Municipal taxRs.6,300d. Municipal tax paid by the tenant is Rs.2,100 and the balance by the ownere. Interest on loan taken for renewing the house 1500f. Unrealised rent allowed in the AY 2009-10 recovered during the year 20,000

Compute Mr. X’s income from House Property for the AY 2013 -14.

(6 X 4 = 24 marks)

PART DAnswer any two questions

Each question carries 15 marks.32. What is a perquisite? Discuss the classification of different perquisites for income tax purpose.

33. Compute the taxable salary of Mr. Gopi Sundar of Kanpur (an employee of a political party)for the AY 2013 -14 f

34. rom the following particulars:



a. Basic salary Rs.10,000 p.mb. Dearness Allowance (which enters into pay) Rs. 2,000 p.mc. Bonus Rs.8,000 per annumd. Rent free accommodation provided by the employer at Kanpur (population exceeding

25 lakh), the fair rental value of which is Rs.30,000 p.a. The cost of the furnitureprovided therein Rs.10,000.

e. Entertainment allowance Rs. 600 p.m.f. His contribution to RPF is at 15%g. Employer’s contribution to RPF is Rs.18,000 per annumh. Free usage of a large motor car for both official and personal purposes. Driver is also

provided by the employer.

35. Krishnakumar is a Chartered Accountant in Bangalore. He has submitted the followingIncome & Expenditure Account for the year 2012-13. Compute his income from professionfor the AY 2013-14:

Expenses Amount Income Amount

To office rent 33,000 By Audit fees 3,00,000

To Salary to Staff 75,000 By Financial ConsultancyService

60,000

To charities 5,000 By Interest on Deposits in abank

22,000

To gift to relatives 6,000 By Dividends on units ofUTI

6,000

To subscription for journals 2,400 By Accountancy works 32,000

To Drawings 16,000

To car expenses 24,000

To Household expenses 8,600

To NSCs purchased 20,000

To Net Income 2,30,000

4,20,000 4,20,000

Additional Information:a) Office rent Rs.3,000 though paid not recordedb) Depreciation of car during the year is Rs.6,000c) 40% of car expenses are related to official purposes.

(2 X 15 = 30 marks)



Semester VI

Name of the Course : INCOME TAX-ASSESSMENT AND PROCEDURE


Aim of the course:

1.To familiarize the students with the determination of Total Taxable Income and taxpayable

2. To get an overview regarding returns to be filed by an individual and alsoassessment procedure.


The course covers the computation of taxable income under the heads Capitalgain,Income from other sources,various deductions permissible from the two heads ofIncome,Clubbing,Aggregation,set off & carry forward of Income,various deductionallowable under section 80 C to 80 U,computation of total Income,Powers& duties ofIncome Tax Authorities,Assessmentprocedure,Types of assessment,Filing of return ofIncome,A brief study on TDS

Syllabus Content:

MODULE-1 Capital gains- Basis of charge- Capital Assets- Kinds-Computation ofShort term and Long term capital gains- Computation of capital gain in followingspecial cases a) Conversion of capital asset into stock in trade b) Transfer of capitalasset by a partner/member to a firm, AOP, BOI c) Compensation on compulsoryacquisition of assets and also enhanced compensation d) Right share and Bonus sharese) Converted shares/debentures - Capital Gains exempt from tax- Capital GainsAccount Scheme- Computation of Income from Capital Gain(20 Hrs)

MODULE-2 Income from other source- General chargeability- SpecificChargeability-Kinds of securities & grossing up of interest- Bondwashing transaction-Computation- Deductions allowed- Deduction not permitted- Computation of incomeunder the head Income from Other Source (15 Hrs)

MODULE-3 Aggregation and deduction- Clubbing of income of other persons-Various cases- Aggregation of deemed incomes- Set off and carry forward of losses-Order of set off- Computation of gross total income-Deductions under Chapter VI A-Deduction for payments or contribution applicable to individuals covered by Sec 80Cto Sec 80GGC- Deduction under Sec 80U (Deductions for incomes excluded ) Total

Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), Ernakulamincome-Computation of total income(25 Hrs)MODULE-4 Various Income Tax authorities- Powers and Functions (5 Hrs)

MODULE-5 Assessment- Assessment procedure- Various types of Return of Income-Return through TRP PAN -Types of Assessment -Tax deducted at source- (Brief studyonly Problems excluded) TCS TAN - A brief study on areas (a) Advance payment oftax (b) Refund (c) Recovery of tax (d) Tax Clearance Certificate Assessment ofindividuals and computation of Tax(25 Hrs)


1. Understand the computation of taxable Income under the head Capital Gains2. Identify the computation of taxable Income under the head Income from othersources for computing tax liability.3. Recognize the various deductions which are allowed & not allowed from theseheads of Income.4.To get an idea on the various authorities working for the purpose of Income Tax Actand also the functions performed by them.5,Describe the procedures & rules for clubbing & aggregation of Income6.Identify the process of set off & carry forward of losses7. Recognise the various deductions under section 80 C to 80 U.8. Understand how the total Income is computed after the deduction under section 80Cto 80U.9. To understand how assessment is made, the procedure & the different types ofAssessment10.Identify how to file an Income Tax return, return through TRP PAN11.A brief study on TDS12.Describe the meaning of Advance payment of Tax,Refund of Tax & Recovery ofTax..Learning Resources

Dr.A.P Philip,Income TaxIncome Tax assessment &Procedure,Joseph T JIncome Tax Law &Practice,R. GeethakrishnaPaiStudents Guide to Income Tax- DrVinod K Singhania and Monica Singhania -Taxmann PublicationDirect Taxes Law and Practice- Dr H C Mehrotra and Dr S P Goyal- SahityaBhawanPublicationsDirect Taxes- V P Gaur and D B NarangKalyani PublishersDirect Taxes Sri T N Manoharan- Snow White Publications




COM6ITAP- INCOME TAX- ASSESSMENT AND PROCEDURE


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35

Module 1 20 2 2 2 1 7

Module 2 15 2 2 2 1 7

Module 3 25 2 3 2 1 8

Module 4 5 2 2 2 0 6

Module 5 25 2 3 1 1 7



Reg. No……………….

Name………………....

B. COM DEGREE (C.B.C.S.S) EXAMINATION, MARCH 2017SIXTH SEMESTER

CORE (OPTIONAL) 4 COM6ITAP- INCOME TAX- ASSESSMENT AND PROCEDURE



Each question carries 1 mark1. What is capital gain?

2. What is Bond Washing Transaction?

3. What do you mean by carry forward of loss?

4. Who is called as Assessing Officer?

5. What is Tax clearance certificate?

6. What is right share?

7. State the conditions to be satisfied to deduct the expenses from other sources.

8. What is TAN?

9. What do you mean by converted debentures?

10. What is TRP and PAN?


Each question carries 2 marks.11. Explain various kinds of capital assets.

12. Explain the exempted capital gain u/s 10

13. What deductions are allowed under the head “Income from other sources”?

(10x1=10 marks)

14. What are the incomes chargeable under the head “Income from other sources”?

15. What do you mean by “Set off”? Which losses can be carried forward?

16. State the procedure to compute total income of an individual.

17. What are the functions of Inspectors of Income Tax?

18. Mention the powers of Assessing officer relating to call for information?

19. What are the various types of returns?

20. What are the contributions applicable to individual?

21. State the procedure to compute the allowable deduction.

22. Mention the powers of Commissioners of Income Tax.

(8x2=16 marks)





23. What are the different types of assessment? Explain.24. Enumerate any five items of income, which are included under the head income from other

sources.25. Explain the procedure of appeal to Commissioner of Income Tax.26. What is specific chargeability? Explain27. State the merits and demerits of advance payment of tax.28. State the provisions regarding set off of losses.

29. Agricultural land situated in Agra purchased in 1984-85 for Rs.50,000 sold for Rs.6,00,000on 1st May 2012. The assessee purchased another piece of agricultural land on 1st August2012 for Rs.2,10,000 and deposited Rs.60,000 on 24th June 2013 in CGAS, 1988. Find outthe capital gain chargeable to tax for the AY 2015 -16. (CII in 1984-85 is 125 )

30. Mr. Ram is a resident individual, submits the following particulars of his income for the yearended 31st March, 2013:a. Royalty from a coal mineRs.40,000b. Agricultural income in PakistanRs.30,000c. Salary for a part time job with a firm Rs.21,000d. Salary for Member of Parliament Rs.36,000e. Daily Allowance as MP Rs.12,000f. Dividend received from a Co-operative society Rs. 5,000g. He has incurred the following expenses:

i. Paid collection charges Rs.200 for collecting dividendsii. Rs.5,000 spent for earning and collecting royalty income.

Compute his income from other sources for the AY 2015 -16.

31. Compute depreciation and WDV on 1,4,2015 for the following details:WDV of factory building on 1.4.2014 Rs.1,20,0000New buildings added on 30.6.2014 Rs.2,30,000Amount realized on building demolished Rs.50,000Rate of depreciation 10%

(6x4=24 marks)



32. Define Capital Gain. What are the exemptions available under this head?33. Discuss briefly the functions of Income Tax Officer.34. Mr. Sanjeev is a resident of India. He furnished the following information about his incomes

during the previous year 2015 -16:a. Business and professional income Rs.1,10,000



b. Capital gains Rs.30,500 from a house which he acquired before two years of the date ofsale 31st July, 2014.

c. He sold an agricultural land for Rs.25,500 during the previous year. The land wasowned by him for the last five years, which was purchased for Rs.12,000.

d. On 1st March 2015 he sold a flat for Rs.9,00,000 which was purchased by him on 1st

Jan,1976 for Rs.60,000. The fair market value of this flat was Rs.90,000 on 1st April1981.

Compute his taxable income from capital gains for the AY 2016-17. CII for 1981-82 is 100

35. Calculate income from other sources:

a.

b.

c.

Honorarium received from writing articles

Income from agriculture from Russia

Ground rent from land in Punjab

Rs.20000

Rs.30000

Rs.16000

d.

e.

Interest on post office savings bank account

Interest on Govt. securities

Rs.3000

Rs.17000

f.

g.

h.

Dividend from Indian company

Dividend from foreign company

Dividend from co-operative society

Rs.60000

Rs.12000

Rs.6000

i. Winning from lottery (net) Rs.270000

(2x15=30 marks)



Semester III

B. MARKETING

Name of the Course: PRODUCT AND BRAND MANAGEMENT


Aim of the course:The purpose of this course is to familiarize the students with the concepts and strategiesinvolved in product and Brand management.


It starts with deep commitment to make familiar what is product management, role ofproduct manager, product positioning and its kinds, new product development, brandmanagement, co-branding etc.

Syllabus Content:

MODULE-1 Product management: introduction and importance- role of productmanger product plan and its components-product line-additions, alterations and itsdeletions. (20 hrs)

MODULE-2 Product positioning-kinds-organizing the product teams-product policy-new product demand forecasting models-product portfolio model-perceptual mapping.(20hrs)

MODULE-3 New product development- stages-new product launch-strategies-mistakessuccess and failures. (15hrs)MODULE-4 Brand management- strategic issues in brand management-conceptsprinciples- brand extension-brand stretching-brand equity and its components- itsmeasurement- (20hrs)

MODULE-5 Co-branding- brand positioning- product management audit-multibranding- Re-branding-packaging methods and strategies (15hrs)

Competencies of the course:1. Familiarising students with the term product management.2. Proper understanding of components of product plan3. Identifies the different types of product positioning4. Understand the process in the development of a new product.5. Understand the term brand management6. Explains the term co-branding.



Learning Resources: Ramanuj Majumdar. Product Management, Prentice hall of India.

K.S.Chandrasekhar- Product Management, Himalaya publishing company. YLR Moorthi Brand management, Vikas publishing house

John Philip Jones, What is in a brand? Tata Mc Graw Hill.

Brand Management, Test and Cases, S.L.Gupta Product Management, S.A.Chunnawala.

Kotler, Brand Management.



Semester IV

Name of the Course: SERVICE MARKETING


Aim of the course:

To develop insights into emerging trends in the service sector and tackle issues involved inthe management of devices.


The objective of the course is to provide an understanding of the concept of service itsmeaning and definition, marketing mix in service marketing, consumer behavior in services,segmentation and positioning

Syllabus Content:

MODULE-1 concept of service-meaning-definition- -characteristics-components andtangibility-challenges and strategies-classification of services service marketing triangle.(10hrs)

MODULE-2 Marketing mix in service marketing-7 P s- product decision- pricingstrategies-promotion of services-placing or distribution of services additional dimensions-people-physical evidences-process. (15hrs)

MODULE-3 Consumer behavior in services-customer satisfaction and expectation gapanalysis-quality perceptions in service-service recovery and problem solving-employee s rolein service marketing-role of technology (25hrs)

MODULE-4 Segmentation, positioning, differentiation and retention strategies applicable toservice marketing. Relationship marketing. (20hrs)

MODULE-5 Marketing of services with reference to 1. Tourism 2. Financial Services- 3.Health (20hrs)


1. Understand the basic concepts of service2. Deals with Concept like marketing mix in service marketing3. Identify the 7 Ps in marketing4. Understand the consumer behaviour5. Understand the terms segmentation, positioning, , differentiation and retention strategies



applicable to service marketing6. Understand the term Relationship marketing7. Explanation regarding marketing of services in tourism is possible8. Explanation regarding marketing of services in financial services is possible9. Explanation regarding marketing of services in health is possible

Learning Resources

Service marketing-Christopher. Lovelock, 5th edition, pearson Service marketing- Helen Woodruffle, macmillaian India. Service marketing-Rao, Pearson Service marketing, Roland Rust&Anthony Thothy. Service marketing, S.M.Jha. Service marketing, Venugopal and Raghu. Service Marketing, Ramanathan S.



Semester V

Name of the Course: INTERNATIONAL MARKETING


Aim of the course:

To acquit the students with environmental, procedural, institutional and decisionalaspects of international marketing.

Course Overview and Context:The course covers the meaning and definition of international marketing, its planning,international marketing environment, its constraints, procedures and documents,marketing mix

Syllabus Content:

MODULE-I International marketing- Definition, Nature: distinction betweenInternational Trade, marketing and business: Planning for international marketing,Marketing research and information system, market analysis and foreign market entrystrategies. (20hrs)

MODULE-2 International marketing environment-political-legal, cultural economicenvironment, international institutions, Free trade zone-globalization and its impact oninternational marketing. (20hrs)

MODULE-3 Constraints of international marketing- fiscal and non fiscal, non tariffbarriers. India and world trade import and export policy-export promotion council-public sector trading agencies (20hrs)

MODULE-4 Procedure and documents-registration of exports-shipping andtransportation insurance negotiation of documents-export finance (15hrs)

MODULE-5 International marketing mix-identification of markets- Product policy-international product life cycle-promotion strategy-pricing strategy-distribution strategy.(15hrs)


1.Understand the meaning and scope of international marketing history of Income Tax

2.Identify the distinction between international trade, marketing and business

3. Understand the international marketing environment



4. Identify the constraints of international marketing

5. Familiarise the procedure and documentation of international business

6. To understand the marketing mix.

Learning Resources Pripalomi, V.H, International marketing, prentice hall of India.

Keegen, global marketing management, pearson.

Cateora Philip, international marketing, Tata mc Graw Hill. Onkivisit, international marketing-analysis and strategies, pearson.

Ravi, Aswini, International Marketing.



Semester VI

Name of the Course : MARKETING RESEARCH


Aim of the course: To acquaint the students with the method and techniques ofmarketing research.


The course covers the meaning and types of research, its significance, research design,collection of primary and secondary data, data processing and reporting.

Syllabus Content:

MODULE-1 Research-types-marketing research-definition-significance-areas coveredby Marketing research-Market and marketing research-out side agencies and research-reliable information sources in India- limitations of marketing research. (14hrs)

MODULE-2 Research design-Exploratory-descriptive-diagnostic-experimental-beforeonly-before and after-after only with control-before and after with control independentand extraneous variable-treatment. (16hrs)

MODULE-3 Collection of data-primary and secondary-sampling and sampling designprobability and non probability sampling-collection of data-methods for collection ofboth primary and secondary data-scale of measurement and its basics. (18hrs)

MODULE-4 Data processing-coding-editing-tabulation-testing of hypotheses- stepsparametric and non parametric tests-ANOVA (Theory and problems)- MANAOVA-ANCOVA-Chi-square test (Theory and problems) -SPSS. (30hrs)

MODULE-5 Reporting- Report of research findings-types of report-Report format-Contents. (12hrs)


1. Understand types of marketing research2. Identify the sample selection techniques3. Recognize the various data processing steps4. To get an idea of reporting, types of report and its format / contents.



Learning Resources1. Philip Kotler and Gary Armstrong : Principles of Marketing2. William. J .Stanton : Fundamentals of Marketing3. Stanton W.J.Etzal Michael and Walker : Fundamentals of Marketing4. Debbie Gilliland : Marketing.5. Cranfield School of Management : Marketing Management6. Mamoria and Joshy : Principles of Marketing7. Rajan Nair : Marketing Management8. Ramaswamy and NamaKumari : Marketing Management



SYLLABI FOR COMPLEMENTARY COURSES



Semester V

Name of the Course: Advertising and Sales Promotion


Aim of the course:

(i) To develop a capability to look upon advertising from the point of view ofadvertisers.

(ii) To analyse the aim of each advertisement message.(iii) To evaluate the current market position and future growth prospects of

products.


The course covers meaning, scope and objectives of advertising, process of developingan advertising programme, detailed study on advertising media, advertising campaign,advertising research, measuring effectiveness of advertising, Social, economical andlegal aspects of advertisement, sales promotion mix, sales promotion campaign, salespromotion budget and its preparation, effects of sales promotion on brand equity, nature,importance, purpose and process of personal selling, sales force management,establishing sales objectives, recruitment and training of sales force, evaluating salesforce.

Syllabus Content:

MODULE-1- Advertising-Meaning-Scope-Objectives-Merits and demerits-Process ofdeveloping an advertisingprogramme. (20hrs)

MODULE-2- Advertisement appeal- Copy writing-Copy testing-Advertising media-Media planning and strategy-Types of media-Media planning and strategy-Mediaselection-Advertisement agency-Selection of agency-Planning advertising campaign-Adverting research-Measuring the effectiveness of adverting- Methods. (20hrs)

MODULE-3- Social, economical and legal aspects of advertisement. (10hrs)

MODULE-4- Sales promotion-Definition-Scope-Methods-Sales promotion mix-Developing sales promotion campaign-Sales promotion budget and its preparation-Effects of sales promotion on brand equity. (20hrs)

MODULE-5- Personal selling-Nature and importance-Purpose-Process-Types of salespersons-Sales force management-Establishing sales objectives-Recruitment and trainingof sales force-Evaluating sales force. (20 hrs)



156156156


(i) Understand the meaning of advertising.(ii) Understand the methods to develop an advertising programme.(iii) Describe advertisement appeal, media planning and strategy.(iv) Identify the methods of selecting advertisement media.(v) Describe the meaning of advertising research.(vi) Understand the methods of measuring the effectiveness of advertisement.(vii) Identify the social, economic and legal aspects of advertisement.(viii) Understand the meaning and scope of sales promotion.(ix) Understand the developing of sales promotion campaign.(x) Describe sales promotion budget and its preparation.(xi) Understand the effect of sales promotion on brand equity.(xii) Identify the nature and importance of personal selling.(xiii) Identify the methods to manage sales force.(xiv) Describe how sales objectives can be established.(xv) Recognise the methods of recruitment and training of sales force.(xvi) Understand the methods of evaluating sales force.

Learning Resources1. Advertising in the Indian Context, S.A Chunnawala.2. Advertising, Marketing, and Sales management, DevandraThakku.3. Advertising Management, Rajeev Batra..4. Advertising, Sales and Promotion Management, S.A. Chunnawala.5. Sales Promotion and Advertising Management, A.N.Mishra.6. Marketing, Sales and Customer Service, Jones.

COM5ASP - ADVERTISING AND SALES PROMOTION


2 marks8/12

4 marks6/9

15 marks2/4

Total26/35



157157157


Reg. No…………...…

Name:……………….

B.COM DEGREE (CBCSS) EXAMINATIONFIFTH SEMESTER

COMPLEMENTARY COURSE 1 - COM5ASP –- ADVERTISING AND SALESPROMOTION

Time: Three Hours Maximum marks : 80 MarksPart A


1. What is media mix?2. What is meant by sales force size?3. What is meant by Delphi?4. Expand PACT.5. What is YP ad?6. Define salesmanship.7. What is pre-testing?8. What is media scheduling?9. What is product mix?10. What do you mean by storytelling copy?


Each question carries 2 marks11. What is meant by advertising clutter?12. What is meant by subliminal advertising?13. What do you understand by reminder ad?14. What is mass communication?15. What is concurrent testing?16. What is media strategy?17. What do you understand by tracking studies?18. What do you mean by focus group sessions?19. What is deception?20. What is buying motive?21. What is concurrent testing?22. State any two advantages of copy testing.

(10 x1 =10)

(8 x 2=16)


158158158


Part C



23. Explain the importance of advertising research.24. Distinguish between pre-testing and post testing.25. What do you understand by sales forecasting? Discuss its objects and importance.26. Explain the elements of audio ad copy.27. State the role of advertising agencies in advertising.28. Briefly explain the key areas of media strategy.29. What is the importance of media planning?30. Explain the services rendered by advertising agencies.31. Define sales promotion. What are its objectives?

(6 x 4 =24)

Part D

Answer any Two questionsEach question carries 15 marks

32. What is meant by copy testing? Explain the major principles of a good copy testing system.33. Explain the major functions of sales force management.34. Define advertisement appeal. Explain how to measure the effectiveness of advertising.35. What do you mean by ad copy? Explain the different types of ad copies.

(2 x 15= 30)


159159159


Semester VI

Name of the Course: PRINCIPLES OF BUSINESS DECISIONS


Aim of the course:

To familiarise the students with the economic principles and theories underlying variousbusiness decisions.

To equip the students to apply the economic theories in different Business decisions.


The course covers an introduction regarding the decision making ,types ofdecisions,application of economic theories in decision making,demand analysis anddemand forcasting and its uses in decision making,productionanalysis,laws regardingproduction function,production function and decision making,costanalysisrole of cost inpricing,price determination of price under various market conditions,Business cycle andits theories,uses of business cycle in decision making.

Syllabus Content:

MODULE-1 Introduction- Decision making-Definition-Types of decisions- Steps-Principles of business decisions-Scope and importance- Application of economictheories in decision making (10hrs)

MODULE-2 Demand analysis- Demand Meaning and definition- Determinants- Law ofdemand-Reasons-Exceptions-Elasticity of demand Price Income advertisement- Cross-Uses- Measurement-Demand forecasting- Short term and Long term forecasting-Methods of forecasting- Forecasting the demand for new products. (25hrs)

MODULE-3 Production Analysis- Production function-Cobb Douglas Productionfunction- Laws of production- Law of Diminishing Returns- Lawof returns to scale-Economies and diseconomies of scale- Isoquant curve-Iso cost curve- optimumcombination of inputs-Law of returns and business decisions. (15hrs)

MODULE-4 Cost analysis and pricing theory- Objectives- Role of cost in pricingeconomic and accounting cost-long run and short run- Cost output relations-Marketconditions-Theories of price determination under perfect competition-price, outputdetermination under perfect competition-Monopoly-Monopolistic competition-Oligopoly-Price discrimination-Kinked demand curve-Price leadership-Pricing undercollusion. (25hrs)


MODULE-5 Business Cycles- Introduction- Phases of a business cycle- Causesandindicators -Theories of business cycles- Control of business cycles-uses of businesscycle in business decisions. (15hrs)


1. Identify the meaning of decision, types of decisions and principles of decisions.2. Understand how the economic theories are applied for making business decisionmaking.3.Identify the demand analysis, various laws of demand & elasticity of demand4. Recognize the importance of demand in decision making.5. Describe the term Demand forecasting and how it is useful for decision makingespecially for determining the price of new products.6.Understand the production analysis and the various laws of production7. Recognize the importance production function in decision making.8.Study the various types of cost & role of cost in pricing9. Understand the importance of cost analysis in decision making.10.Identify the determination of pricing under various market conditions11. Recognize the importance of pricing theory in decision making.12. Study the impact of Business cycles on Industry.13.Describe the various theories of decision making14, Analyze the role of business cycle in decision making.Learning Resources1. Dr.Ajimon George, principles of Business decision1.P C Thomas,Principles of Business Decision2. K G C Nair,principles of Business Decision3. Maheswari.K.L and Varshney : Managerial Economics4. Samuel, Mote and Paul :Managerial Economics5. Pylee.M.V and Sankaranarayan.K.C :Managerial Economics6. Dwivedi.N.D :Managerial Economics7. Reddy P.N and Appanniah.H.R : Principles of Business Economics8. Mulhearn, Economics for Business

COM6PBD- PRINCIPLES OF BUSINESS DECISIONSModules Hours 1 mark

10/102 marks

8/124 marks

6/915 marks

2/4Total26/35

Module 1 10 2 2 1 1 6

Module 2 25 2 3 2 1 8

Module 3 15 2 2 2 0 6

Module 4 25 2 3 2 1 8

Module 5 15 2 2 2 1 7



161161161



Reg. No……………….

Name………………....

COMPLEMENTARY COURSE -2 COM6PBD- PRINCIPLES OF BUSINESS DECISIONS



Each question carries 1 mark1. What do you mean by business economics?

2. What is an opportunity cost?

3. What is total utility?

4. What is monopoly?

5. What is test marketing?

6. What is shut down cost?

7. What do you mean by elasticity of demand?

8. What is meant by production theory?

9. What is marginal product?

10. What is demand forecasting?

11. What is iso cost line?



(10x1=10 marks)

12. What is meant by decision making?

13. Explain the law of diminishing marginal utility.

14. What is trend projection method?

15. What are economies of scale?

16. What is mean by replacement cost and historical cost?

17. State the pricing theory.

18. What are the assumptions of production function?

19. What are non perishable goods?


162162162


20. State the law of returns to scale.

21. What do you mean by price discrimination?

22. What is short term demand forecasting?

(8x2=16 marks)



23. What are the difference between Micro and Macro economics? Give 2 examples.24. Discuss the managerial uses of income elasticity of demand.25. Explain briefly about the approaches to forecasting demand for new products.26. What do you mean by monopoly? What are the sources of monopoly?27. What are the steps included under decision making?28. What are the different criteria of a good forecasting method?29. Explain the process of price and output determination under monopoly.30. What are the assumptions of the Law of diminishing returns?31. What are the important monetary measures to control bank credit?

(6x4=24 marks)



32. Explain briefly about the methods or techniques of demand forecasting.33. What do you mean by Price elasticity of demand? Explain the factors that influencing price

elasticity of demand.34. Discuss about the types, objectives and conditions of price discrimination.35. What are the different types and factors involved in demand forecasting?

(2x15=30 marks)

**************************


163163163


SYLLABI FOR OPEN COURSE


164164164


Semester V (Choose any one)

Name of the Course: FUNDAMENTALS OF ACCOUNTING


Aim of the course:

1. To provide knowledge on the practice of Accounting in Business.2. To familarise the students with basic Accounting Principles


The Course covers the basics of Accounting, its meaning , Concepts and Conventions ,the principles of Double Entry System, Preparation of Journal , Ledger, and itsSubdivisions, The rules of Debit and Credit , Summary of Accounting Entries and finallythe preparation of Income Statement and Position Statement.

Syllabus Content:

MODULE-1 Accounting meaning Objects- Concepts and Conventions-Double EntryBooks of Accounts Book keeping and Accounting Accountancy The language of theBusiness World Principles of double entry Advantages of doubleentry…………………(20 hrs)

MODULE-2 Journal- Rules of debit and credit - Kinds of Accounts Journalising(10 hrs)

MODULE-3 Ledger Sub divisions of ledger Account Form of an Account Posting ofJournal Balancing of Accounts-Cash book (simple, triple column)-Petty Cashbook………... (20hrs)

MODULE-4 Trial Balance Meaning Objects-Summary of Accounting Entries..(10 hrs)

MODULE-5 Final Accounts-Trading and Profit and Loss Account Balance Sheet(without adjustments)….…………………………………………………..….(12hrs)


165165165



1. Understand the basics of Accounting.2. Distinguish the different concepts and Conventions of Accounting3. ProvideKnowledge on Double Entry System of Book Keeping.4.Identify the rules of Debit and Credit5. Understand the preparation of Journal.

6. Distinguish the Posting of journal entries to the Ledger.7. Preparation of Ledger and its Subdivisions.8. Recognise the Summary of Accounting Entries.9. Developing skill for the preparation of Final Accounts of Business concerns.

Learning Resources Fundamentals Of Accounting – K.G.C.Nair

Accounting- Jain &Narang

Advanced Accountancy- R L Gupta and M Radhaswamy. Advanced Accounting - S P Iyengar.

Advanced Accountancy P C Tulsian. Elements of Book Keeping and Accounts M C K Nambiar

Fundamentals of Accounting S Kr. Paul. Advanced Accounting, M.C.Sukla and T.S.Grewal

COM5FA FNUDAMENTALS OF ACCOUNTINGModules Hours 1 mark

10/102 marks

8/124 marks

6/915 marks

2/4Total26/35

Module 1 20 3 3 5 1 12

Module 2 10 2 3 3 1 9

Module 3 20 3 2 0 1 6

Module 4 10 1 1 1 0 3

Module 5 12 1 3 0 1 5

166166166


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamReg. No…………...…

Name:……………….

B.COM DEGREE (CBCSS) EXAMINATION

FIFTH SEMESTER

COM5FA – OPEN COURSE – FNUDAMENTALS OF ACCOUNTING

Time: Three Hours Maximum marks : 80 MarksPart A


1) What is accounting?2) What is meant by accounting standards3) What is meant by GAAP4) What is Source document5) What is a compound journal entry6) What is meant by posting7) What is a purchase day book8) What is a contra entry9) What is a trial balance10) What is meant by grouping and marshalling of balance sheet?


Each question carries 2 marks11) What is a meant by current assets?12) What is double entry system?13) What is journalizing?14) Differentiate between journal and ledger.15) What is credit note?16) What do mean by financial statements?17) Differentiate between balance sheet and trial balance.18) What is a suspense account?19) Calculate gross profit using formula.

Opening stock-15,000Net purchases=35,000Direct expenses =4,000Closing stock = 12,000

(10 x1 =10)

167167167



20) Enter the following transactions in sales return day book of cochin furniture2002April 5 Mahesh & Co. returned 3 chairs @ Rs.300

18 Raveendra Traders returned 2 tables @Rs.3,60020 Jayamatha Agencies returned 2 chairs @ Rs.200

21) What is trade discount?22) What is meant by closing stock?

(8 x 2=16)


Each question carries 4 marks23) Distinguish between book keeping and accounting24) Explain the functions of accounting.25) How does accounting provide information to the different users of information?26) Prove that the accounting equation is satisfied in the following cases

Ajith started business with 20,000Goods bought for cash 8,000Purchased goods on credit 6,000Paid salary 300

27) Pass opening journal entryCash at bank 3000Debtors 7000Stock 20,000Machinery 50,000Building 1,00,000Creditors 12,000Bills payable 3,000Capital ?

28) Pass journal entries for the following transactions.2004 Jan 21 purchased furniture for cash Rs.3,000

22 purchased goods for cash Rs.4,20023 sold machinery for cash Rs.6,000

25 sold goods for cash Rs.4,50029) From the following account balances prepare a trial balance as on 31st March 2010

Particulars Amount

Capital 25,000Stock on 1st April 2009 10,000Purchases 15,000Sales 15,000

168168168


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamGeneral expenses 2000Wages 18000Creditors 10,000Insurance 5,000

30) What are the objectives of accounting?

31) Explain accounting as an information system

Part D

(6 x 4 =24)

Answer any Two questionsEach question carries 15 marks

32) Explain the accounting assumptions and principles.33) Prepare a cash book with cash and bank columns

Jan 1. Opening balance of cash-Rs.10,000 .Jan 2. Purchased goods for cash Rs.500.Jan 5. Purchased furniture, payment made by cheque-Rs.5,000Jan 7. Cash Sale Rs.3,000.Jan 8. Paid salaries –Rs.200.Jan 11.Deposited cash into bank-Rs.3,000.Jan 18. Withdrawn Rs.250 from bank for office use.Jan 20 Credit sales of Rs.300Jan 28. Received dividend Rs.450.

34) Prepare final accounts from the following information as on 30th June 2006

Particulars L/F Amount

Opening stock

PurchasesSalariesWagesCarriage InwardsTrading ChargesCarriage OutwardsRent receivedCashCapitalBank (Overdraft)CommissionCreditorsSalesDebtorsMachinery

86,00011,36,0001,53,000

18,00026,90064,00052,500

62,500

42,780

2,56,0004,80,000

1,78,300

3,44,70037,980

2,68,000

169169169


Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamTotal 23,77,680 15,48,700

23,77,680

35) From the following transactions, pass journal entries, prepare ledger accounts and alsoprepare trial balance .Anil started business with 8,000Purchased furniture 1,000Purchased goods 6,000Sold goods 7,000Purchased from Raja 4,000Sold to Somu 5,000Paid to Raja 2,500Received from Somu 3,000Paid rent 200Received commission 100

(2 x 15= 30)


Name of the Course: BUSINESS ETHICS


Aim of the course: To provide a fundamental exposure to the students on the concepts ofethics in business and its relevance in the changing business.


The course covers meaning and definition of business ethics, factors influencing businessapproaches, corporate governance and ethics, social responsibilities of business, socialaudit, corporate excellence etc.

Syllabus Content:

MODULE-1 Introduction to Business Ethics: Meaning and concept of Business EthicsMeaning and definition of Ethics Business and factors influencing Business approaches tobusiness ethics Ethical standards in business Ethical foundations of business Significanceof ethics and values in business conflicts between business demand and professionalideals Moral principles for business steps to improve the organization s ethical climate.[12 Hours]

MODULE-2 Corporate governance and Ethics: Meaning and concept of corporategovernance Importance of corporate governance Reasons for the growth and demand forcorporate governance Corporate governance and ethics corporate policy ethics codes ofethics, ethics committees corporate laws and business ethics corporate culture and ethicalissues [18 Hours]

MODULE-3 Social Responsibilities of Business: Concept of social Responsibility ofbusiness Responsibilities to shareholders Responsibilities to employees Responsibilities toconsumers responsibilities to community Responsibility to Govt:- social involvement ofbusiness. [18 Hours]

MODULE-4 Social Audit: Meaning and definition of social audit objectives and benefitsof social audit methods of social audit obstacles in social audit social audit in India.[10 Hours]MODULE-5 Business Ethics and Corporate Excellence: Code of ethics in businesshouses strategies for organisational culture building TQM and ethics process quality-people quality systems quality management quality- care of employees as per statutes.[14 Hours]




(xiv) Understand the concept of business ethics and its importance.(xv) Understand the significance and values in business.(xvi) Understand importance of corporate governance(xvii) Understand the concept social responsibility(xviii) Recognise the social involvement of business(xix) Understand the meaning and definition of social audit(xx) Describe the methods and obstacles in social audit(xxi) Recognise the relevance of code of ethics in business(xxii) Understand the concepts of TQM

Learning Resources

1. Business Ethics, Rithu Parnaraj.2. Ethics and values in Business management, Rinku Sajeev, Parul Khanna3. Values and Ethics of Business and Profession, S.K.Sarangi.,4. Ethics in Management, Swami Anubhavananda & Arya Kumar.




Name of the Course: INSURANCE AND RISK MANAGEMENT


Aim of the course: To enable the students to understand fundamentals of insuranceprinciples and practices and to help the students to adopt insurance as a career


The course covers an introduction to the history of insurance in General and part icularlyin India, Principles of contract, principles and practices of life insurance, objectives ofselection and classification of risk, principles and practices of general insurance,fundamentals of risk and insurance, Principles of Actuarial Science etc.

Syllabus Content:MODULE-1 Introduction: History of insurance in General and in India in particular -Basic nature of Insurance - Definition of insurance and its legal position in India -Comparison of Life Insurance with other forms of insurance - Principles of contract andits applicability to the valid insurance contract. ( 5 hrs)

MODULE-2 Principles and practices of Life Insurance: Principles of Life insuranceEconomic principles, legal principles, Actuarial Principles - The basic principles ofUtmost good faith and insurable interest and its impact on insurability - Basic elements incomputation of premium - Objective of Selection and Classification of Risks - Factorsaffecting mortality and underwriting of risk-Male and Female - Peculiarities of LifeInsurance product and the classification - Nature of Group Insurance and types of groupInsurance Covers - Policy claims and its procedures for settlement of various type ofclaims - Policy document and its various components including conditions and privilegesunder the policy - Life Insurance organization the distribution system and regulatoryrequirement. (20hrs)

MODULE-3 Principles and practices of General Insurance: Principles of indemnity,proximate cause, subrogation, contribution and sharing - Study of various proposal andpolicy forms used in general Insurance - Classification of various Non Life Insuranceproducts and the scope of coverage of Fire Insurance and marine Insurance - Discuss thevarious kinds of Miscellaneous Insurances - the classes of insurances requiring specializedknowledge i.e. Industrial all risk Insurance, aviation insurance, oil and gas insurance -Regulatory Provisions under Insurance Act 1938, and IRDA Act 1999 - Underwritingpractice and procedures, types and classification of hazards - Settlement of claims, itsprocedures, different ways of settlement of claims - Policy of conditions having a bearingon - Role of surveyors and loss assessors. (25hrs)



MODULE-4 Fundamentals of Risk and Insurance: Basic concept of risk, classificationsof risks, and process of risk management-Identification and evaluation of risk Riskanalysis - Risk control Loss prevention and its importance – Risk financing and transfer ofrisks - Risk retention and its importance/basis of reinsurance. (10hrs)

MODULE-5 Principles of Actuarial Science: The theory of probability - Mortality tablesand construction of mortality tables - Well known mortality table and indices forcomparison of different mortality tables - Life insurance premium general consideration -Methods of valuation, data for valuation – Special reserves and adjustments - Surplus andits distribution. (12hrs)


(i) Describe the history of Insurance(ii) To understand the principles and practices of life insurance(iii) Understand the peculiarities of life insurance products.(iv) Understand the principles and practices of general insurance(v) To differentiate between fire insurance and marine insurance(vi) Recognise the basic concept of risk(vii) Describe the classifications of risk(viii) Understand the importance and basis of reinsurance(ix) To explain the theory of probability

Learning Resources

1. Mishra.M.N : Insurance Principles and Practice2. Pande : Insurance Principles and Practice3. Mathew.m.J : Insurance Principles and Practice4. Arthur Williams.C, Jr., Michael L.Smith, Peter C Young : Risk Management andInsurance.5. Vinayakam N, Radhaswamy and Vasudevan.S.V : Insurance Principles and Practice6. Sharma R.S : Insurance Principles and Practice7. Dhavi B.S : Insurance Principles and Practice8. Dinsdale M.A : Elements of Insurance9. Robery Riegel and J.S.Miller : Insurance Principles and Practices.10. Insurance Regulatory Development Act 1999 and other relevant Acts.


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Name of the Course: CAPITAL MARKET AND INVESTMENT MANAGEMENT


Aim of the course: To familiarize the students with the nature and functioning of thecapital market in India and enable them to learn management of investments.


The course covers meaning and importance of Indian financial system , money market,capital market its characteristics, primary and secondary market, regulation of capitalmarket, powers and functions of SEBI, Portfolio management process, speculation,investment, investment avenues etc.

Syllabus Content:

MODULE-1 Introduction : Meaning and importance Structure of Indian financialsystem money market and capital market characteristics of capital market in India-Instruments in capital market: equity shares, preference shares, debentures, bonds, Govt.securities, and new instruments Recent developments in the Indian Capital market. [15Hours]

MODULE-2 Primary and secondary market: Primary market: Definition and functionsMethods of New issues, Right issue Operators in the new issue market: Managers to theissue, underwriters, brokers to the issue Merchant banking Minimum subscriptionallotment Listing. Secondary Market: Stock exchanges in India Origin, growthorganization, membership and functions Trading mechanism of stock exchanges Tradingand settlement Bulls, bears, stags and lame duck -Trading in dematerialized securities-online trading Central Depository system The National Securities Depository Ltd. (NSD)OTCEl NSE. [20 Hours]

MODULE-3 Regulation of Capital Markets: - The Securities and Exchange Board ofIndia(SEBI) - Constitution, powers and functions role of SEBI in regulating the primary andsecondary markets Investor protection. [12 Hours]

MODULE-4 Portfolio Management Process: Investment, speculations and investment,investment objectives, the investment process, security analysis, construction ofportfolio. [12 Hours]


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MODULE-5 Investment Avenues: Corporate Securities - government bonds post officesaving certificate and deposits public provident fund scheme, mutual fund schemes, bankdeposits LIC Real Estate Other emerging avenues. [13 Hours]


(i) Understand the concept of money market and capital market.(ii) Understand the significance Indian financial system.(iii) Understand characteristics of primary and secondary market.(iv) Identify the process of online trading(v) Recognise the regulations in capital market trading(vi) Understand the constitution, powers and functions of SEBI(vii) To understand the process of portfolio management.(viii) Top identify the dufferent investment avenues

Learning Resources

1. Security Market in India, Balakrishnan and S.S.Nart2.Investment Management, V.A.Avadhani3.Investment Management, Preethi Sigh4.Portfolio Management, S. Kevin.5.Stock Exchange Trading in India, L.C.Gupta6.Debentures and Debenture Market in India, A. Circon Bureau study7.The Working of stock exchange in India, H.R. Machiraju8.How the stock market works, John M. Dalton (Editor)9.How Mutual Funds Work, Albert J. Fredman and Russ Willies..

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Bachelor’s Programme in Commerce, St.Teresa’s College (Autonomous), ErnakulamName of the Course: FINANCIAL INVESTMENT


Aim of the course: To provide a firm foundation for learning the basic concepts ofInvestment and to familiarize popular investment vehicles and to formulate investmentstrategies.


The course covers concept of investing, investment and speculation, investmentalternatives, meaning concept and definition of money market, primary equity market andsecondary equity market, trading and settlement etc.

Syllabus Content:

MODULE-1 Concept of Investing-Introduction-Investment-speculation-Features of aninvestment programme-Risk in investing-Business and financial risk purchasing powerrisk-Market risk-interest rate risk-social or regulation risk- Other risk-Success in investing-Investment management and other discipline- (20hrs)

MODULE-2 Investment alternatives-Bank deposit-Post office-Company deposit-PF,Bond-Mutual fund- and LIC Schemes. (10hrs)

MODULE-3 Money market-Meaning and concept-Definition- Components of moneymarket-Characteristics of developed money market-Commercial bills- Treasury bills-Callmoney market-certificate of deposit-commercial paper- REPO-ADR-GDR-Defects ofIndian money market. (20hrs)

MODULE -4 Primary equity market-Introduction-public issue-Right issue-privateplacement-preferential allotment-Book building-Trends in Indian primary market. (10hrs)

MODULE-5 Secondary equity market-Stock exchanges-BSE-NSE-Depositories-Tradingand settlement-Buying and selling of shares-Recent trend in Indian security market-Derivative securities-market indices. (12hrs)

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(i) Understand the concept of investing.(ii) Understand the difference between investment and speculation(iii) Understand the features of investment programme(iv) To identify the risk related with investment(v) To understand the investment alternative(vi) To understand the terms like mutual fund, PF, Bond etc(vii) To describe the components of money market

(viii) To explain the terms like commercial bills, treasury bills etc.(ix) To understand the process of public issue.(x) To understand what is book building

Learning Resources Security Market in India, Balakrishnan and S.S.Nart

Investment Management, V.A.Avadhani

Investment Management, Preethi Sigh

Portfolio Management, S. Kevin. Stock Exchange Trading in India, L.C.Gupta

Debentures and Debenture Market in India, A. Circon Bureau study


The Working of stock exchange in India, H.R. Machiraju

How the stock market works, John M. Dalton (Editor)

How Mutual Funds Work, Albert J. Fredman and Russ Willies.

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