MB0047 – MANAGEMENT INFORMATION SYSTEMS

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

ASSIGNMENT

 

DRIVE SPRING DRIVE 2015
PROGRAM MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
SEMESTER II
SUBJECT CODE & NAME MB0047 – MANAGEMENT INFORMATION SYSTEMS
BK ID B1968
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

  1. 1. In today’s life, Individuals rely on information systems, generally Internet-based, for conducting much of their personal lives: for socializing, study, shopping, banking, and entertainment. Information technology refers to anything related to computing technology, such as networking, hardware, software, the Internet, or the people that work with these technologies. How do you differentiate between information system and information technology? Explain using an example.

 

Answer:Information systems (IS) and information technology (IT) are often considered synonymous. In reality, information technology is a subset of information systems

 

A degree in information systems often includes courses in:

 

  • Information Theory
  • Foundations of Management

 

 

 

  1. 2. Explain decision making with MIS using Travelling salesman problem

 

Answer:A decision is choice out of several alternatives (options) made by the decision maker to achieve some objective s in a given situation. Business decisions are those, which are made in the process of conducting business to achieve its objective in a given environment. \

 

 

 

 

 

  1. 3. How to use information system to support competitive strategy? Explain with an example for each strategy

 

Answer:An Information System (IS) is a system composed of people and computers that processes or interprets information. The term is also sometimes used in more restricted senses to refer to only the software used to run a computerized database or to refer to only a computer system.  Information systems is an academic study of systems with a specific reference to information and the complementary networks of hardware and software that people and organizations use to collect, filter, process, create and also distribute data.

.

 

strategy and its use of information system

 

 

  • A low-cost leader strategy: striving to be the overall low-cost provider of a product or service that appeals to a

 

 

 

 

 

  1. 4. Decision making is a daily activity for any human being. In the decision making process, we choose one course of action from a few possible alternatives. In the process of decision making, we may use many tools, techniques and perceptions. Describe Herbert Simon model on Decision making.

 

Herbert Simon model on decision making

 

Answer:Herbert A. Simon developed a model of decision making. The model consisted of three steps, intelligence, design, and choice. In the intelligence phase, the problem is identified, and information is collected concerning the problem.

 

The Intelligence Phase: The intelligence phase consists of finding, identifying, and formulating the problem or situation that calls for a decision.  This has been called deciding what to decide.  The intelligence stage may involve, for example,

 

 

 

 

  1. 5. Write short notes on

 

  1. Data administration:Data administration or data resource management is an organizational function working in the areas of information systems and computer science that plans, organizes, describes and controls data resources.

 

  1. Managing concurrency:In information technology and computer science, especially in the fields of computer programming, operating systems, multiprocessors, and databases, concurrency control ensures that correct results for concurrent

 

 

 

  1. 6. Write short notes on

 

  1. Role of workplace monitoring:Workplace monitoring or Employee monitoring is the act of monitoring employee activity. Organizations engage in employee monitoring to track performance, avoid legal liability, protect trade secrets, and address other security concerns.

 

  1. Power over users:system professionals can exercise power over users: a specific development project, such as a marketing decision support system,

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

 

 

MB0046- Marketing Management

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

ASSIGNMENT

 

DRIVE SPRING 2015
PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2
SUBJECT CODE & NAME MB0046- Marketing Management
BK ID B1629
SEMESTER 2
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

 

1 A marketing mix can be referred to as a planned mix of the controllable elements of a product’s marketing plan, commonly termed as 4Ps: Product, Price, Place and promotion. Considering the increasing role of services in the economy and customer orientation, additional 3 Ps such as People, Process and physical evidence were added to the marketing mix. These Ps are very important while generating optimum income for the company since it will be adjusted until the right combination that serves the needs of the customers. Define the term marketing mix. Describe the 7ps of marketing mix.

Answer: A planned mix of the controllable elements of a product’s marketing plan commonly termed as 4Ps: product, price, place, and promotion. These four elements are adjusted until the right combination is found that serves the needs of the product’s customers, while generating optimum income. Sometimes the first P (Product) is substituted by presentation. See also marketing and mega marketing.

 

Four P’s of marketing mix :

 

  1. Product :

 

 

 

Q.2 A brand is a composite set of beliefs and associations in the mind of consumers. In brand

development, as a part of branding strategy decision, the brand manager can decide to create new brand elements for the new products, apply some of the existing brand elements to the new product, or use a combination of existing and new brand elements to the existing and new products. Explain the different branding strategies used by the companies for their range of products.

 

Answer: Definition of Brand: The word “brand” is often used as a metonym referring to the company that is strongly identified with a brand.  Marque or make are often used to denote a brand of motor vehicle, which may be distinguished from a car model.

 

Advantages of Brand:Brand Identity Design is the creation of the visual identity, “The Branding”, for a company and/or its clients.

 

  1. Pride – A professionally designed logo and Brand / Identity system will show that you are committed to presenting your company as a major contender in your market.

 

 

 

 

 

 

  1. Describe the international market entry strategies in brief.

 

Answer: A market entry strategy is the planned method of delivering goods or services to a new target market and distributing them there. When importing or exporting services, it refers to establishing and managing contracts in a foreign country.

 

Direct Exporting: Direct exporting is selling directly into the market you have chosen using in the first instance you own resources.

 

 

 

 

 

Q.4 Personal selling focuses in on ‘personal’ or ‘one to one’ selling. It involves an individual salesman or a sales team establishing and building a profitable relationship with customers over a period of time through a series of steps. Explain the steps in the personal selling process which helps in the successful sales.

 

Answer: Personal Selling:Personal selling is a promotional method in which one party (e.g., salesperson) uses skills and techniques for building personal relationships with another party (e.g., those involved in a purchase decision)

Steps in the Personal selling process:

 

  1. Pre-sale preparation: The first step in personal selling is the selection, training and motivation of salespersons.

 

 

 

 

 

 

 

 

 

 

 

Q5.  Describe the stages in consumer decision making process.

 

Answer: An individual who purchases products and services from the market for his/her own personal consumption is called as consumer. or service.

 

NEED

INFORMATION GATHERING/SEARCH

EVALUATION OF ALTERNATIVES

PURCHASE OF PRODUCT/SERVICE

POST PURCHASE EVALUATION

 

 

 

 

  1. 6. Describe some of the strategies for effective marketing and advertising in rural market.Also explain the innovative use of media in rural market.

 

Answer:    Rural marketing involves addressing over 700 million potential consumers and over 40 per cent of the Indian middle income. No wonder, the rural markets have been a vital source of growth for most companies. For a number of PMCG companies is the country, more than half their annual sales come from the rural market.

 

Different rural marketing strategies in India

 

  • Rural Marketing Strategy:Rural marketing strategy is based on their A’s – Availability Affordability and Acceptability.
  • Dear students get fully solved assignments
  • Send your semester & Specialization name to our mail id :
  • “ help.mbaassignments@gmail.com ”
  • or
  • Call us at : 08263069601

 

MB0045 – FINANCIAL MANAGEMENT

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

 

ASSIGNMENT

 

DRIVE FALL SPRING 2015
PROGRAM MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
SUBJECT CODE & NAME MB0045 – FINANCIAL MANAGEMENT
SEMESTER II
BK ID B1628
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

  1. 1 Explain the liquidity decisions and its important elements. Write complete information on dividend decisions.

 

Answer:The second major decision of the firm is the financing decision. The financial manager is concerned with determining the best financing mix or capital structure. If a company can change its total valuation by varying its capital structure, an optimal financing mix would exist

Explanation of dividend decisions:

  1. Stability of Earnings

 

 

  1. 2 Explain about the doubling period and present value. Solve the below given problem:

Under the ABC Bank’s Cash Multiplier Scheme, deposits can be made for periods ranging from 3 months to 5 years and for every quarter, interest is added to the principal. The applicable rate of interest is 9% for deposits less than 23 months and 10% for periods more than 24 months. What will be the amount of Rs. 1000 after 2 years?

 

Answer: Doubling Period: Doubling period is the period which makes the investment as “Doubled”, that is the amount invested fetches 100% return.

 

There are two different approaches Viz.

  1. Rule of 72
  2. Rule of 69

 

  1. Rule of 72

 

 

 

 

 

  1. 3 Write short notes on:

 

3a) Operating Leverage: It is a measurement of the degree to which a firm or project incurs a combination of fixed and variable costs.

 

  1. A business that makes few sales, with each sale providing a very high gross margin, is said to be highly leveraged. A business that makes many sales,

 

3b) Financial Leverage:Financial leverage refers to the use of debt to acquire additional assets. Financial leverage is also known as trading on equity.

 

 3c) Combined Leverage: Operating and financial leverage can be combined into an overall measure called “total leverage. ”

 

 

  1. 4 Explain the factors affecting Capital Structure. Solve the below given problem:

Given below are two firms, A and B, which are identical in all aspects except the degree of leverage employed by them. What is the average cost of capital of both firms?

Answer: The general factors which are affecting the capital structure are as follows:-

 

1) Company constitution: In companies capital structure is very important as many companies treat it as a different entity. Private companies considers control factor as important whereas public company finds cost factor more important.

 

 

Factors Determining the Capital Structure:The various factors which influence the decision of capital structure are:

 

  1. Cash Flow Position

 

 

  1. 5 Explain all the sources of risk in capital budgeting with examples.

Solve the below given problem:

 

Answer: Sources of risk in capital budgeting

Capital budgeting is used to ascertain the requirements of the long-term investments of a company.

 

Examples of long-term investments are those required for replacement of equipments and

 

The different techniques used for capital budgeting include:

 

  • Profitability index

 

 

 

 

 

 

 

 

  1. 6. Explain the objectives of Cash Management. Write about the Baumol model with their assumptions.

 

Answer: Objectives of Cash Management

 

Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It involves assessing market liquidity, cash flow, \

 

 

Objective of cash management

 

In order to ensure you meet the objectives of an effective cash management policy, the financial manager must ensure that the company meets the payment schedule and also minimize idle funds committed to cash balances.

 

Meeting Cash Balances: The financial manager must ensure he has enough cash in hand to pay suppliers, creditors, employees, shareholders, banks, etc…

 

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

MB0044 – PRODUCTION AND OPERATION MANAGEMENT

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

DRIVE SPRING 2015
PROGRAM MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
SEMESTER II
SUBJECT CODE & NAME MB 0044 – PRODUCTION AND OPERATION MANAGEMENT
BK ID B1627
CREDIT & MARKS 4 CREDITS, 60 MARKS

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

Assignment

 

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

  1. Write short notes on:

 

  1. A) Environmental scanning as a basis for strategic decision making

Answer : Environmental scanning is the communication of external information about facts that could influence an organization on its’ strategic decision-making process. It is a method of analyzing relevant gathered information and use to determine strategic and premeditated action on the business environment. The environmental scanning process seek obtain both realistic and subjective information on the business environments where a

 

 

  1. B) Tools for implementation of operations

 

Answer : Unique: no other firm has developed a single source software package integrating the investment and engineering components required to deliver successful projects

On time and on budget: developed to deliver Alpheon’s own energy plants, an in-house specialist tool for successful project delivery

Reduce consulting costs: Alpheon

 

  1. C) Differentiation strategies as a basis of decision making

Answer : Without differentiation, all businesses that sell the same product or service would be in direct competition with one another. Business differentiation allows you to position your products so that consumers can distinguish between those that are offered by your business and those offered by the competition. The key is to differentiate your business based on points that consumers value as important when making purchasing decisions.

A business can differentiate its products and services based on a range if different factors such as price, quality, usability, convenience and service. An emerging trend is for businesses to differentiate based on environmental sustainability. Businesses can

 

  1. D) Core competencies as a basis of decision making

Answer : Shared decision making is now making inroads in health care professionals’ continuing education curriculum, but there is no consensus on what core competencies are required by clinicians for effectively involving patients in health-related decisions. Ready-made programs for training clinicians in shared decision making are in high demand, but existing programs vary widely in their theoretical foundations, length, and content. An international, interdisciplinary group of 25 individuals met in 2012 to discuss theoretical approaches to making health-related decisions, compare notes on existing programs, take stock of stakeholders concerns

 

 

 

 

2 Answer the following questions:

 

  1. What is forecasting?

 

Answer : Forecasting is a decision-making tool used by many businesses to help in budgeting, planning, and estimating future growth. In the simplest terms, forecasting is the attempt to predict future outcomes based on past events and management insight.

There are two forecast types:

 

 

 

  1. What are the benefits of forecasting?

Answer : Forecasting benefits

Business trend planning is the process of identifying marketplace preferences that may be beneficial to your company’s business model, according to the small business experts at the More Business website.

First to Market

 

 

  1. What are the cost implications of forecasting?

 

Answer : In preparing a budget, a distance teaching institution needs to forecast two types of costs: fixed and variable. The main fixed costs are likely to be capital investment and the salaries of full-time staff. Capital investment is needed for buildings and production facilities, such as television studios and printing presses. Of course, it may be possible to contract production services and thus reduce fixed costs. Salary costs will be determined by the extent

 

 

  1. List the different types of forecasting methods.

Answer : Some forecasting methods are very simple and surprisingly effective. Here are four methods that we will use as benchmarks for other forecasting methods.

Average method

Here, the forecasts of all future values are equal

 

 

Q.3 Describe the process of value analysis.

 

Answer : An approach to improving the value of an item or process by understanding its constituent components and their associated costs. It then seeks to find improvements to the components by either reducing their cost or increasing the value of the functions. It is a strategy that businesses use to determine whether all of their operational expenses are necessary and if they could be operating more efficiently. Process value analysis looks at what the

 

 

Q4. What do you understand by “line balancing”? What happens if balance doesn’t exist?

Answer : Here is a simple definition and example of line balancing :

  • Everyone is doing the same amount of work
  • Doing the same amount of work to customer requirement
  • Variation is ‘smoothed’
  • No one overburdened
  • No one waiting

 

 

 

 

  1. 5. Explain the steps to set data in logical order so that the business process may be defined.

Answer:A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers. It can often be visualized with a flowchart as a sequence of activities with interleaving decision points or with a Process Matrix as a sequence of activities with relevance rules based on data in the process.

 

There are three types of business processes:

 

 

 

  1. 6. Describe the post implementation review of a project. Explain the tools that may be considered for post implementation review.

 

Answer: Description of the four parts of the post implementation review of a project

Final product review: A good time to start thinking about the Post Implementation Review is when members of the project team remember the most – shortly after the project has been delivered, and when most of the problems have been ironed-out.

 

Outstanding project work review: There will probably be a period of adjustment before you can finally review the solution as it was intended to operate: you’ll likely need to overcome some of the usual resistance to change, hold people’s hands while

 

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

MB0043 –Human Resource Management

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

 

ASSIGNMENT

 

DRIVE SPRING 2015
PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2
SEMESTER 1
SUBJECT CODE & NAME MB0043 –Human Resource Management
BK ID B1626
Credit and Max. Marks 4 credits; 60 marks

 

 

Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

1 Explain the functions of Human Resource Management

Answer: Human resource management involves blending the traditional administrative functions along with the changing concepts of employee welfare in the organization. Organizations now regard employees as a precious resource and spend more efforts to retain them. The retention of employees is dependent on how they are perceived and treated in the organization based on their performance, abilities and skills.

 

  1. Define Management Development. Discuss the Off the job development methods.

Answer: Meaning of management development :

 

Management development is the process by which managers learn and improve their management skills. Aspect of organizational development that covers recruitment and assessment of executive level employees and training them in leadership to equip them for higher positions. This process generally includes development of cognitive (thinking, idea generation, and decision making), behavioural (choosing appropriate attitudes and values), and environmental (suiting management style to the situation) skills. The focus of all aspects of management development is to enable managers to more effectively accomplish their job as managers.

 

 

 

 

  1. Discuss the concept of HRIS. Explain the applications of HRIS in Human Resource Management.

Answer: Definition of HRIS:à HRIS, HR Technology or HR modules are an intersection between HRM and IT. It merges HRM as a discipline and in particular it’s basic HR activities and processes with the IT field, whereas the planning and programming of data processing systems evolved into standardized routines and packages of Enterprise Resource Planning (ERP) software. On the whole, these ERP systems have their origin in software that integrates information from different applications into one universal database. The linkage of its financial and human resource modules through one database is the most important distinction to the individually and proprietarily developed predecessors, which makes this software application both rigid and flexible.

 

  1. Discuss the basic guidelines of a Disciplinary policy

 

Answer: The following are the basic guidelines of a Disciplinary policy:

 

  1. Informal Resolution – University managers are responsible for addressing conduct and behaviour issues as early as possible and for taking appropriate action. Where appropriate, steps will be taken to resolve issues on an informal basis without recourse to the formal procedure.
  2. Investigation – Before disciplinary action is taken an investigation shall be undertaken. Where the manager with authority to hear the case considers it appropriate the contents of an investigation undertaken under another procedure (e.g. Academic misconduct) may be used as part of this process.

 

  1. Suppose you have joined as an HR and you have been assigned a task to carry out the grievance handling procedure in your organization. What according to you are the causes of Grievance? Describe in detail the Grievance handling procedure

 

Answer: Causes of Grievanceàwe discussed the concept of grievance. Let us now discuss the causes of grievance. Grievances can arise out of the day to day working relations in an organization. Relations with supervisors and colleagues also determine employee’s job satisfaction.

Grievances may occur for a number of reasons:

(a) Economic: Wage fixation, over time bonus, wage revision etc. Employees may feel that they are paid less when compared to others.

 

 

  1. Write short notes on the following :

 

  1. a) Job Enlargement

Answer: Job enlargement is another method of job design when any organization wishes to adopt proper job design it can opt for job enlargement. Job enlargement involves combining various activities at the same level in the organization and adding them to the existing job. It increases the scope of the job. It is also called the horizontal expansion of job activities.

 

  1. b) Job Enrichment

Answer: Job Enrichment, a  job design technique that varies the concept of job enlargement. Job enrichment adds new sources of job satisfaction by increasing the level of responsibility of the employee in organization.

 

 

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

MB0042- MANAGERIAL ECONOMICS

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

 

ASSIGNMENT

DRIVE SPRING 2015
PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2
SEMESTER 1
SUBJECT CODE & NAME MB0042- MANAGERIAL ECONOMICS
BK ID B1625
CREDIT & MARKS 4 Credits, 60 marks

 

 

Q.1 What is production function and its uses? Explain the two types of production

functions.

Answer: A production function shows the relationship between inputs of capital and labor and other factors and the outputs of goods and services.

In macroeconomics, the output of interest is Gross Domestic Product or GDP

The simplest possible production function is a linear production function with labor alone as an input.

 

                                               

  1. Consumers’ interview method is a survey method used for estimating the demand for new

products. This method is very important with regard to collect the relevant information

directly from the consumers with regard to their future purchase plans. Opinion surveys

and direct interview method are the two important techniques among all. Describe these

two methods in detail.

 

 

Q3. A cost-schedule is a statement of variations in costs resulting from variations in the levels of output and it shows the response of costs to changes in output. If we represent the relationship between changes in the level of output and costs of production, we get different types of cost curves in the short run. Define the kinds of cost concepts like TFC, TVC, TC, AFC, AVC, AC and MC and its corresponding curves with suitable diagrams for each.

 

Answer: A proper understanding of the nature and behaviour of costs is a must for regulation and control of cost of production. The cost of production depends on money forces and an understanding of the functional relationship of cost to various forces will help us to take various decisions. Output is an important factor, which influences the cost.

 

The cost-output relationship plays an important role in determining the optimum level of production. Knowledge of the cost-output relation helps the manager in cost control, profit prediction, pricing, promotion etc. The relation between cost and its determinants is technically described as the cost function.

 

 

 

Q 4. Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon.

 

Answer: Define Inflation- Inflation is commonly understood as a situation of substantial and rapid increase in the level of prices and consequent deterioration in the value of money over a period of time. It refers to the average rise in the general level of prices and fall in the value of money.

 

Inflation is an upward movement in the average level of prices. The opposite of inflation is deflation, a downward movement in the average level of prices. The common feature of inflation is rise in prices and the degree of inflation may be measured by price indices.

 

Inflation is statistically measured in terms of percentage increase in the price index, as a rate (percent) per unit of time- usually a year or a month.

 

 

 

 

 

Q.5 Discuss the practical application of Price elasticity and Income elasticity of demand.

Answer: Price elasticity of demand :

 

Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price. More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price (ceteris paribus, i.e. holding constant all the other determinants of demand, such as income). It was devised by Alfred Marshall.

 

 Applications of price elasticity :

1.Inelastic demand for agricultural products helps to explain why bumper crops depress the prices and total revenues for farmers.

2.Governments look at elasticity of demand when

 

 

 

 

  1. Define revenue. Explain the types of revenue and the relationship between TR, AR and MR

with an example of a hypothetical revenue schedule.

 

Answer: Revenue is the total amount received by a business or recognized as earned when the business sells something, usually services and goods. In modern accountancy, revenue is recorded when it is earned not when the cash is received from customers. For example when a phone service provider records revenue when calls are made not at the time when you pay the bills. This principle is known as revenue recognition principle.

 

 

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

MB0041- FINANCIAL AND MANAGEMENT ACCOUNTING

Dear students get fully solved  assignments

Send your semester & Specialization name to our mail id :

 

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

(Prefer mailing. Call in emergency )

 

 

 

ASSIGNMENT

 

DRIVE SPRING 2015
PROGRAM MBADS / MBAHCSN3 / MBAN2 / PGDBAN2 / MBAFLEX
SEMESTER I
SUBJECT CODE & NAME MB0041- FINANCIAL AND MANAGEMENT ACCOUNTING
BK ID B1624
CREDITS 4
MARKS 60

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

Q1. Analyze the following transaction under traditional approach.

 

18.1.2011 Received a cheque from a customer, Sanjay at 5 p.m. Rs.20,000

19.1.2011 Paid Ramu by cheque Rs.1,50,000

20.1.2011 Paid salary Rs. 30,000

20.1.2011 Paid rent by cheque Rs. 8,000

21.1.2011 Goods withdrawn for personal use Rs. 5,000

25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000

26.1.2011 Received an advance from customers Rs. 3,00,000

31.1.2011 Paid interest on loan Rs. 5,000

31.1.2011 Paid instalment of loan Rs. 25,000

31.1.2011 Interest allowed by bank Rs. 8,000

Analysis of transaction –with accounts involved-nature of account-affects and debit/credit

Answer :

 

Date Accounts Nature of Affects Debit/
  Involved Account Credit
18.1.2011 Cash A/.c Real Cash is coming in Debit
Sanjay A/c. Personal Sanjay is the giver Credit
19.1.2011 Ramu Ac. Personal Ramu is the receiver Debit
Cash A/.c Real Cash is going out Credit

 

 

 

Q2. The trial balance of Nilgiris Co Ltd., as taken on 31st December, 2002 did not tally and the  difference was carried to suspense account. The following errors were detected  subsequently.

 

  1. a) Sales book total for November was under cast by Rs. 1200.
  2. b) Purchase of new equipment costing Rs. 9475 has been posted to Purchases a/c.
  3. c) Discount received Rs.1250 and discount allowed Rs. 850 in September 2002 have been posted to wrong sides of discount account.
  4. d) A cheque received from Mr. Longford for Rs. 1500 for goods sold to him on credit earlier, though entered correctly in the cash book has been posted in his account as Rs. 1050.
  5. e) Stocks worth Rs. 255 taken for use by Mr Dayananda, the Managing Director, have been entered in sales day book.
  6. f) While carrying forward, the total in Returns Inwards Book has been taken as Rs. 674 instead of Rs. 647.
  7. g) An amount paid to cashier, Mr. Ramachandra, Rs. 775 as salary for the month of November has been debited to his personal account as Rs. 757.

(Pass journal entries and draw up the suspense account, Journal entries of all the transactions, Suspense account with Conclusion)

 

Answer :

 

Serial No. Journal Entry Debit Credit
a) Suspense Account 1200
               To Sales 1200
b) No Suspense Account Involved

 

 

 

3 From the given trial balance draft an Adjusted Trial Balance.

Adjustments:

  1. Charge depreciation at 10% on Buildings and Furniture and fittings.
  2. Write off further bad debts 1000
  3. Taxes and Insurance prepaid 2000
  4. Outstanding salaries 5000
  5. Commission received in advance1000

 

 

 Solution;-Ledger accounts Furniture and fittings a/c

Particulars Rs. Particulars Rs.
To bal b/d 500000 By Depreciation

By bal c/d

50000

450000

Total 500000 Total 500000

 

 

 

4 Compute trend ratios and comment on the financial performance of Infosys Technologies Ltd. from the following extract of its income statements of five years. (inRs. Crore)

Preparation of trend analysis

Solution: Infosys Technologies Ltd.

 

Trend Analysis Particulars 2010-11 2009-10 2008-09 2007-08 2006-07
Revenue 27,501 22,742 21,693 16,692 13,893
Operating Profit (PBIDT) 8,968 7,861 7,195 5,238 4,391

 

 

 

 

5 Give the meaning of cash flow analysis and put down the objectives of cash flow analysis. Explain the preparation of cash flow statement.

 

Answer : Meaning of cash flow analysis

A cash flow statement is one of the most important financial statements for a project or business. The statement can be as simple as a one page analysis or may involve several schedules that feed information into a central statement.

 

A cash flow statement is a listing of the flows of cash into and out of the business or project. Think of it as your checking account at the bank. Deposits are the cash inflow and withdrawals (checks) are the cash outflows. The balance in your checking account is your net cash flow at a specific point in time.

 

 

6 Write the assumptions of marginal costing. Differentiate between absorption costing and marginal costing.

Answer : The Cost of a product of comprises of materials, labour, and over heads. On the basis of variability they can be broadly classified as fixed and variable costs. Fixed costs are those costs which remain constant at all levels of production within a given period of time. In other words, a cost that does not change in total but become. progressively smaller per unit when the volume of production increases is known as fixed cost. it is also called period cost eg. Rent, Salary, Insurance charges etc. On the other hand variable cost are those cost which very in accordance with the volume of output. To part it in another way. variable costs are uniform per unit. but their total fluctuates in direct position to the total of the related activity or volume

 

Dear students get fully solved  SMU MBA assignments

Send your semester & Specialization name to our mail id :

 

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

 

(Prefer mailing. Call in emergency )