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Total No. of Pages : 03
Total No. of Questions : 16
B.Tech. (Ind. Engg. & Mgt.) (TQM) (Sem.-4)
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MANAGERIAL ACCOUNTING & INDUSTRIAL ECONOMICS
Subject Code : IEM-402
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M.Code : 61017Time : 3 Hrs. Max. Marks : 40
INSTRUCTIONS TO CANDIDATES :
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- Attempt Any EIGHT questions from SECTION-A carrying TWO marks each.
- Attempt any FOUR questions from SECTION-B carrying SIX marks each.
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SECTION-A
Answer briefly :
- Accounting Cycle
- Ledger
- Gross Domestic Product (GDP)
- Cross Elasticity of Demand
- Cost Centre
- Job Costing
- Monopoly and Oligopoly
- Transfer Pricing
- Stages in Capital Budgeting
- Economic Liberalization
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SECTION-B
- From the following balances as on 31st March, 2020 , prepare a Trading Account and
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Profit and Loss Account for M/s Saksham Associates:
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Opening Stock 11,500 Purchases 32,000
Wages 13,000 Sales 60,000--- Content provided by FirstRanker.com ---
Capital 21,310 Discount Allowed 2,600
Salaries 5,000 Carriage Inward 550
Insurance 300 Commission (Dr.) 650--- Content provided by FirstRanker.com ---
Rent and Rates 1,000 Cash in hand 5,500
Repairs 600 Sundry Expenses 110--- Content provided by FirstRanker.com ---
Mortgage interest 300 Building 8,000
Machinery 3,000 Furniture and Fixtures 1,000
Sundry debtors 6,500 Bank Loan 6,100--- Content provided by FirstRanker.com ---
Sundry Creditors 4,200
Closing Stock was valued at Rs. 12,150. - What do you understand by the term Balance of Payment (BOP)? What are the causes of
disequilibrium in Balance of Payment (BOP)? - What do you mean by Elasticity of Demand? Also discuss in brief the factors affecting the
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price elasticity of demand. - From the particulars given below :
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Sales Rs. 2,00,000
Fixed Cost Rs.30,000--- Content provided by FirstRanker.com ---
Net profit Rs. 20,000
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a) Contribution
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c) Break Even Sales
d) Margin of Safety - What is Perfect Competition? Explain how equilibrium is attained in the short run by the
firm. Also describe how a firm earns only normal profits in the long run under perfect
competition. - Discuss and distinguish between NPV (Net Present Value) and IRR(Internal Rate of
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Return) methods of making investment decisions. Illustrate your answer with the help of an
example. In your opinion, which of the two is better?
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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.
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This download link is referred from the post: PTU BCA Last 10 Years 2011-2021 Previous Question Papers