Introduction To Commercial Mcm

SHRI V.K. PANDE COLLEGE OF SCIENCE AND MANAGEMENT HINGANGHAT SESSIONAL EXAMINATION -2009 POST GRADUATION DIPLOMA IN COMPUTER COMMERCIAL APPLICATION SUBJECT :- INTRODUCTION TO COMMMERCIAL PRACTICE TIME:- THREE HOURS MARKS:-100 N.B 1:- All questions are compulsory and carry equal marks 2:- Draw neat diagram wherever necessary. EITHER: 1.

(20) a) What is compnay? Explain company act 1956. OR e)

EITHER: (20) 2 a) "Management accounting has been evolved to meet the needs of management." this statement fully. OR b)

EITHER 3

a) What is the sources of compnay finance? b) What is the double entry system? c) Explain the role and importance of management. d) The information is available as under:YEAR SALES TOTAL COST 2002 250000 10000 2003 300000 50000 FIND OUT :1. B.E.P 2.PROFIT VOLUME RATIO 3.PROFIT ON THE SLAES OFRs. 350000 4.REQUIRED SALES TO EARN A PROFIT OF Rs. 60000 5.MARGIN OF SAFETY FOR BOTH THE YEARS.

OR e) What are the Essentials of Valid Contract? f) Write the short note on i. Financial accounting concept ii. Coventions of Account. g) Explain the communication process. h)

EITHER: 4 a) Explain the Memorandom of Association. b) What is budget and budgetory control? d) Explain the accounting process.

OR

(5*4)

e) What partnership? Explain the duties and liabilites. f) Define the following term:- i.Journal book ii. Ledger account iii. Trial balance. c) What is Break Even Analysis? Explain the Scope and Limitation. d) Management is a Art, Science and Profession define.

EITHER: 5 a) Explain the company meeting. b) What is debit and credit? Explian with example. c) Write a short note on Working capital. d) Write a short note on Functional area of management.

(5*4)