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

PTU Punjab Technical University B-Tech May 2019 Question Papers 4th Semester Industry Engineering

Roll No.
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
M.Code : 61017
Time : 3 Hrs. Max. Marks : 40

INSTRUCTIONS TO CANDIDATES :
1.
Attempt Any EIGHT questions from SECT ION-A carrying T WO marks each.
2.
Attempt any FOUR questions from SECT ION-B carrying SIX marks each.





SECTION-A
1.
Answer briefly :

a) What is Trading and profit and loss Account?

b) What is Gross Domestic Product?

c) What is Monopoly?

d) What is variable cost?

e) What is IRR?

f) What is Budgeting?

g) What is Perfect competition?

h) What is cartelization?

i) What is Demand?

j) What is Current Asset?

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SECTION-B
2.
What is financial Accounting? What is the scope of financial accounting?
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.











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.

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