PTU B.Tech Industry Engineering 4th Semester May 2019 61017 MANAGERIAL ACCOUNTING and INDUSTRIAL ECONOMICS Question Papers

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Total No. of Pages : 02

Total No. of Questions : 07

B.Tech. (Ind. Engg. & Mgt.) (Spl. in TQM) (Sem.-4)

MANAGERIAL ACCOUNTING & INDUSTRIAL ECONOMICS

Subject Code : IEM-402

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M.Code: 61017

Time: 3 Hrs.

Max. Marks : 40

INSTRUCTIONS TO CANDIDATES :

1. Attempt Any EIGHT questions from SECTION-A carrying TWO marks each.

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2. Attempt any FOUR questions from SECTION-B carrying SIX marks each.

SECTION-A

1. Answer briefly :
   1. What is Trading and profit and loss Account?
   2. What is Gross Domestic Product?
   3. What is Monopoly?

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   4. What is variable cost?
   5. What is IRR?
   6. What is Budget?
   7. What is Perfect competition?
   8. What is cartelization?

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   9. What is Demand?
   10. What is Current Asset?

SECTION-B

2. What is financial Accounting? What is the scope of financial accounting?

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3. What are the fundamental concepts of Macroeconomics?
4. Explain different types of elasticity of Demand.
5. Differentiate between Absorption and Marginal costing.
6. How price and output are determined under perfect competition?
7. Explain some of the provisions of Consumer Protection Act.

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NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any page of Answer Sheet will lead to UMC against the Student.