Ignou student zone_ISZ

 1. Define Cost Accounting'. State its main objectives. 2. (a) What do you understand by direct material and indirect material ? Explain with examples. (b) How can labour turnover be reduced ?  3. Write short notes on any two of the following: (a) Purchase order (b) Work-in-Progress c) Contract Costing (d) Group Bonus Scheme Section-B 4. In a factory, the following purchases and issues of the material were made during the month of August, 2019. Prepare the Store Ledger Account under FIFO method: August Balance 300 units @ 7 3 each 1 4 Purchased 600 units @ 4 each 6 Issued 500 units 10 Purchased 700 units @ 6 each 15 Issued 800 units 19 Returned 50 units to store issued on August 6th and purchased on August 4th 23 Issued 100 units 5. (a) From the following information, compute wages of A and B under Taylor's differential Piece Rate System : Standard time allowed 10 units per hour Normal piece rate rs5 A produces 75 units in a day of 8 hours.  B produces 100 units in a day ...

 1. "Marketing managers should focus more on the micro-environment than the macro environment while deciding marketing policies and strategies." Do you agree ? Give comments in support of your argument. 2. Differentiate between consumer market and organisational market. Discuss the distinctive characteristics of organisational markets.  3. (a) Discuss different methods used in positioning the product. Give examples.  (b) Discuss various factors to be kept in mind while developing an effective marketing information system. 4. Differentiate between product and service. Discuss various challenges in marketing of services. 5. Discuss various factors you should keep in mind while determining the price of the product. Also explain methods of pricing. 6. "Channels of distribution are different for different products". Discuss. 7. "Customer service and cost reduction are the two benchmarks of an effective system of marketing logistics." Comment. 8. Discuss the var...

 1.a)Explain the rationale behind selecting various types of research approaches in business management.                                                              OR b) " A well defined research problem is half solved" Justify it with suitable examples. 2 a)Explain the concept of measurement error What are the various  produto 20tools and techniques for "attitude measurement in consumer research related to FMCG products? b) What is reliability and validity of measurement? Explain procedure for testing reliability  and validity of survey instrument used in your research. 3. Write short notes on any four of the following: a) Stage of the business research process b) Interview method of data collection c) Requisites of a good statistical table d) Precautions in interpretation of data e) Yates' correction for contin...

 1. What do you mean by Classical theory of Organisation? Critically examine any two of them. 2. "Sound organisation contributes greatly to the continuity and success of an enterprise". Discuss and highlight the characteristics and importance of the organisation, Also explain the steps involved in the organisation process 3. Do you think that "people behave on the basis of their perception of reality" ? Discuss and explain the process of perception. Also describe the factors influencing perception. 4. What do you mean by personality? Critically examine various theories of personality. 5. Discuss the significance of communication in an organisation, with suitable examples. How can you make communication effective in an organisation " Illustrate with example.  6. How does a team develop in an organisation? Explain the various approaches of team building 7. Discuss the various resistance to change in an organisation. How can you overcome resistance to change 7 Ill...

 SECTION A 1. Discuss some of the traits of Romanticism in the nineteenth century American novel. OR What are the major thematic concerns of the post Second World War American novelists? Discuss with reference to any two of the novels prescribed in your syllabus. 2. Comment on the rule of the frontier in The Last the Mohicans, 3. Write a brief note on naturalism in Sister Carrie 4. discuss the idea of The American Dream in The Great Gatsby 5. 1s racial politics a major thematic concern in Faulkner's Light in August" Discuss. 6. Discuss Scott Momaday House Made of dawn as a bildungsroman. 7. Discuss Henry Miller Black Spring as a Surrealist novel.  8. Discuss Holden Caulfield's vision of childhood and adulthood in The Catcher in the Rye. 9 How does The Color Purple explore the issues of Racial, sexual and class prejudice ?

  IMPORTANT QUESTIONS ECO 14 1. How are inter departmental Transfer of goods treated in departmental account? Explain the bases of allocation of common expenses among various departments.  2. How do independent branches deal with goods in transit and cash in transit in their books of account.  3. a). Explain briefly the uses of fund flow statement.  b) Explain briefly the procedure of forfeiting shares for non payment calls.  4. a) How shall the new capital of each partner be worked out if the capital is to be adjusted in the new profit sharing ratio? Explain with example.  b) Explain with example, as to how would you treat the goods repossessed in the books of vendors when a hire purchase customers commits default in payment of instalment.  5. a) What do you mean by debenture issued as a collateral security? Describe their accounting treatment.  b) What steps would you take to calculate the interest when total cash price and the installments are ...

  IMPORTANT QUESTIONS ECO 13 1. Distinguish between economic and non economic environment of business. How do they interact with each other? Describe various elements of economic environment. Explain various non economic factors of business environment. Discuss the primary and sub goals of economic development.   2. What do you mean by social responsibility of business? Give arguments in favour and against undertaking social responsibility by business.  3. What do you mean by mixed economy? Explain its directive principles in India. How did it help in the economic development of India.  4. What do you mean by industrial sickness? What are the causes of industrial sickness? Discuss the various measures taken by the government to overcome this problem.  5. What are the need for New Economic Policy? Discuss the major elements of New Economic Policy adopted by the government of India.  6. What are the major problems being faced by the small scale industrie...

 IMPORTANT QUESTIONS ECO 12 1. Define auditing and state its objective and advantages.   2. What is a voucher and vouching? State the points to be kept in mind while examine a voucher. Explain the objective and importance of vouching.  3. Describe briefly the main provision of company law regarding the appointment and removal of an auditor.  4. State the qualification and disqualification of a company auditor. What is his status. State the rights and duties of a company auditor as per the provisions of the company act in relation to audit report and an enquiry.  5. What do you mean by qualified audit report? Prepare a qualified audit report incorporating therein at least 3 qualifications. Describe the form and content of auditors report.  6. Differentiate between routine checking and test checking. What are the precautions to be taken in test checking ?  7. Differentiate between auditor's report and auditor's certificate. What do you understand by...

  IMPORTANT QUESTIONS ECO 11 1 . Explain the deduction allowed under section 801B with necessary provisions related thereto.  2. What do you mean by 'Capital Gain'? Explain the capital gain exempt from tax u/s 54EC.  3. What are the deduction allowed in computing taxable income under the head 'Income From Other Sources'? Explain with example.  4. What do you mean by 'Provident Fund'? Discuss the different types of provident fund to which a salaried employee may be a member.  5. What do you understand by'Transfer of capital asset'? State which 10 transactions are not regarded as transfer.  6. What do you mean by clubbing of income? In what circumstances is the income of one person treated as income of another? 7. a) Explain the provisions regarding deduction for interest on loan u/s 24(b) of Income Tax Act.  b) Define capital gain. Distinguish between short term capital gain and long term capital gain.  8. a) Enumerate any 6 income on which tax is ...

IMPORTANT QUESTIONS IBO1  1. Explain the concept and different forms of Alternative Dispute Resolution (ADR) mechanism.  2. What are International Commodity Agreements? What purpose do these agreements serve? What are their usual components? Illustrate your answer by discussing any such agreements.  3. Distinguish between tariff and non tariff barriers. Explain various non tariff barriers in the international trade.   4. What is WTO? Explain the objective, structure and function of WTO. Is the WTO helpful to international business or is it a hindrance? Give your opinion.   5. What are Transnational Corporations? Why do firms become transnational ? Describe main features of TNCs. Discuss the issues and controversies of TNCs.   6. What is balance of Payments? How does equilibrium occur in BOP ? Describe the method of correcting the disequilibrium.   7. Critically examine the Modern Theory of International Trade.   8. What...

  IMPORTANT QUESTIONS BECE 002 1.  Differentiate between growth and development. What are the millennium development goals? Explain. To what extent India could achieve them?             2.  What is the importance of allied activities in Indian agriculture? Discuss the role of dairy and poultry farming in this context. What are the main forms of agricultural subsidies in India? Discuss.    3.  What is meant by agricultural productivity? What are the factors essential for a transition of the agriculture from a traditional to a modern one?    4.  What are the goals of banking reforms in India? Have public sector banks been successful in mitigating the regional imbalances by performing the non commercial functions under the government pressure?     5.  What are the objective and function of WTO?  Discuss the"agreement on agriculture"in details.    6.  Elaborate the major c...

  IMPORTANT QUESTIONS AED 01  1. Why is international trade important in our country? Discuss with example and state the sources of information for international trade.          2. Distinguish between spot rate and forward rate. Discuss the method of dealing foreign Exchange risk.        3. Explain foreign Exchange regulations concerning exports under the exchange control regulations.    4.  What are the different types of loses related to cargo insurance? How these losses can be covered by the cargo insurance policy? Explain self certification system of quality control and inspection of export cargo.   5. Explain the procedure of custom clearance formalities along with the documentation requirements and formalities.   6 What is duty drawback scheme? Explain the procedure for claiming drawback along with documentation requirements and formalities.  7. Discuss the role of Export Credi...

IMPORTANT QUESTIONS ECO 10  1. Explain as to how abnormal loss and normal loss is treated in process Costing.   2. What are the factors taken into account for installation of a system of costing ? State the possible difficulties faced in installing such a system.   3. a. How would you classify the costs"on the basis of variability"? Explain.   b. What are the main advantages of a good system of material control.   c. What are the advantages of cost accounting to a manufacturing concern.   4. How would you classify selling and distribution overheads?  How are the selling overheads absorbed by the cost units?    5. Write short notes on the following:   Store keeping.   ABC analysis of inventory control.  Direct labour hour rate.  Appointed of overheads.   Payroll accounting.  Labour turnover.  Cost accounting.  Financial accounting.  Cost centre.  Over abs...

    IMPORTANT QUESTIONS ECO 09 1.  Explain Fisher's quantity theory of money. How Is Keynes analysis of money and price superior over Fisher's analysis?    2. Discuss the quantitative methods of credit control by Central Bank. Also explain its function.    3. What are the objective of world bank. Also explain its function.  4. What is the system of issuing currency notes in India? Also state its principles.   5. Define money market. Explain the nature and major features of Indian Money Market and state the drawback of Indian Money Market. Distinguish between money market and capital market.    6. What do you mean by money demand? State different motives of holding money. Is demand for money a function of income or rate of interest or both? Explain.   7. What is development bank? State the names of development bank created in India an explain the role of any one of them. State its main function.   8...

  IMPORTANT QUESTIONS ECO 08 1. What is a debenture? Explain the different types of debenture that a company can issue. 2. What different kinds of meeting of a company? Explain the requisite of a valid meeting.  3. State the liabilities of a company and director with respect to mis statement in prospectus.  4. Explain the provision of the Company Act regarding the acceptance of deposits by company.   5. Who is a member of a company. What are the different ways through which a person may become a member of a company.   6. Define a director? Who can be a director of the company? Can a director of a company be appointed by Board of Directors? Explain.   7. What is meant by Lifting the Corporate Veil? State the circumstances under which the corporate veil can be lifted?   8. Explain the meaning of a company. What are the characteristics of a company? Discuss various stages of promotion of a company.  9 What is forfeiture of Shares?...

   IMPORTANT QUESTIONS ECO 07 1. Explain briefly the steps involved in statistical survey starting from defining the problem to writing the report. 2. A. Explain various parts of a statistical table. B. State the guidelines that should be kept in mind while preparing diagrams. 3. What are the main source of secondary data? What precautions should you observed in making use of secondary data? 4. A. Distinguish between biased and unbiased errors. Discuss the methods of estimating the errors both absolutely and relatively. B. What is class interval? How do you determine the magnitude of the class interval and class limit? 5. Write short notes on the following: Tabulation False base line Objective of classification Distrust of statistics Multivariate frequency distribution Secondary data Primary data Statistics Lorenz curve Sampling Law of statistical regularity Non random sampling Random sampling Stratified sampling Statistical error Personal interviewing Non probability sampling...

    IMPORTANT QUESTIONS ECO 06 1. Explain clearly the concept of economic system. What are the various form of economic system? Describe the feature of a mixed economy. Explain the fundamental problem of an economy. 2. Explain the law of diminishing ma rginal return. Also explain it assumptions and limitations. 3. What are the characteristics of a market st ructure? Explain the marginal and average revenue of a firm under perfect competition. 4. What i p rice discrimination? state the condition under which price determination can be practiced. 5 a) De s c ribe the return to scale. Explain the cause of increasing return. b) Explain clea rly the 'law of demand' with the help of a demand schedule and demand curve. 6. a) What a r e the facto r of production. b) Explain the facto r responsible for long run average cost curve being U shaped. 7. s how how  s ho r t te r m equilib r ium of a fi r m unde r  pe r fect competition would be dete rmined? 8. a) What a r e the main...

    IMPORTANT QUESTIONS ECO 05 1. a) Define the term offer . Explain the legal rules for valid offer for valid offer with examples. b) Who is a minor? A minor is liable to pay for necessaries of life supplied to him. Critically examine this statement. 2. a) What a re the various modes of discharge of a contract? Explain them briefly. b) A stranger to a contract cannot sue. Discuss the exception of this rule. 3. Define bailment. How does it differ from a pledge? Is finder of goods a bailee? 4. What is the doctrine of caveat emptor? What are the exception of this doctrine? 5. Define consideration. Explain the circumstances when consideration is not necessary. 6. Define fraud. What is it effect on the validity of a contract ?How is it differ from misrepresentation? 7. Define partnership. state the circumstances under which partnership firm can be dissolved? Can a minor become a partner? What are the rights and duties of partner? 8. "All contract are agreement but all ag...

    IMPORTANT QUESTIONS ECO 03 1. "Planning is a process consisting of certain steps or series of sequential activities". Comment with suitable examples. Explain the importance of planning in an organisation and the limitations thereof. 2. Discuss various managerial functions that are basic and common to all organisation. 3 a) What do you mean by Management development Programme? Discuss few techniques of management development programmes. b)What do you mean by coordination? What is the need of coordinationn in today's business environment. Explain various management techniques in coordination. c) Explain different stages involved in control process. 4. Discuss briefly the 3 basic styles of leadership with example. Why is managerial leadership considered important in an organisation? 5. a) 'Organisation are made up of components each of which has unique properties, capabilities and mutual relationship'. Comment upon the statement. b) Discuss financial incentives a...

    IMPORTANT QUESTIONS ECO 02 1. a) What do you understand by dual aspect concept. Explain its accounting implications.  b) What do you mean by trail balance? State the errors which are not disclosed by the trial balance. How is it prepared. 2. What are the different types of cash books used in business.? Explain their uses.State the causes of disagreement between the balance shown in cash book and the pass book. 3. Define bill of exchange and promissory note. Also state their importance for the modern business. Differentiate between   bill of exchange and promissory note. 4. a) Explain briefly the self balancing system of accounting. Also state its advantages.Explain briefly as to how Debtors ledger is made self balancing. How do you deal with a transfer from one personal account to another. b) What is single entry system? State the drawbacks of single entry system of accounting. Explain them. Distinguish it from double entry system. 5. a) What is bank reconci...