Smu 1st Sem Assmnt Questions 2010

Fall 2010 Master of Business Administration-MBA Semester 1 MB0041 †Financial and Management Accounting †4 Credits (Book ID :B1130) Assignment Set-1 (60 Marks) Note: Each question conveys 10 Marks. Answer all the inquiries. Q. 1 Explain the Various bookkeeping Concepts and Principles? Q. 2 Pass diary passages for the accompanying exchanges 1. Madan started business with money Rs. 70000 2. Bought merchandise using a credit card 14000 3. Pulled back for private utilize 3000 4. Products bought for money 12000 5. Paid wages 5000 Q. 3 Explain the different kinds of blunders unveiled by Trial Balance? [10 Marks] [10 Marks] 10 Marks] Q. 4 From the accompanying adjusts removed from Trial balance, get ready Trading Account. The end stock toward the finish of the period is Rs. 56000 Particulars Stock on 1-1-2004 Returns inwards Returns outwards Purchases Debtors Creditors Carriage inwards Carriage outwards Import obligation on materials got from abroad Clearing charges Rent of busines s shop Royalty paid to extricate materialsAmount in Rs. 70700 3000 102000 56000 45000 5000 4000 6000 7000 12000 10000 10 Marks] Fall 2010 Fire protection on stock Wages paid to laborers Office compensations Cash markdown Gas, power and water Sales 000 8000 10000 1000 4000 250000 Q. 5 Differentiate Financial Accounting and Management bookkeeping? [10 Marks] Q. 6 Following is the Balance Sheet of M/s Srinivas Ltd. You are required to set up a Fund Flow Statement Particulars Equity Share capital Profit and Loss 14,750 17,000 31,000 15,000 16,500 2006 50,000 2007 65,000 Particulars Cash adjusts Debtors Investment 25,000 5,000 27,000 nil 80,000 (7000) 2006 10,000 2007 13,000 [10 Marks] Trade Creditors 29,000 Mortgage 10,000 Fixed Assets 50,000 Less: Depreciation (5,250) Short term advances 15,000 Accrued costs 8,000 7,500 Goodwill 5,000 nilStock Total 1, 26,750 1, 52,000 Total 37,000 1, 26,750 39,000 1, 52,000 Additional Information: 1. Devaluation gave is Rs. 1750. 2. Discount generosit y. 3. Profit paid Rs. 3500. Fall 2010 Master of Business Administration-MBA Semester 1 MB0041 †Financial and Management Accounting †4 Credits (Book ID :B1130) Assignment Set-2 (60 Marks) Note: Each question conveys 10 Marks. Answer all the inquiries. Q. 1 Explain the devices of Management bookkeeping? Marks] Q. 2 Find the commitment and benefit earned if the selling cost per unit is Rs. 25, variable expense per unit Rs. 20 and fixed cost Rs. ,05,000 for the yield of 80,000 units. [10 Marks] Q. 3 Explain the basic highlights of budgetary control? Marks] Q. 4 A huge retail locations makes 25% of its deals for money and the equalization on 30 days net. Because of defective assortment practice, there have been misfortunes from terrible obligations to the e xtent [10 of 1 % of credit deals on normal in the past.The experience of the store tells that ordinarily 60 % of credit deals are gathered in the month following the deal, 25% in the second after month and 14 % in the third after month. Deals in the previous three months have been January 2007 Rs. 80,000, February Rs. ,00,000 and March Rs. 1,40,000. Deals for the following three months are evaluated as April Rs. 1,50,000, May Rs. 1,10,000 and June Rs. 1,00,000. Set up a timetable of anticipated money assortment. [10 Marks] Q. 5 A processing plant chips away at standard costing framework. The standard assessments of material for the assembling of 1000 units of a ware are 400 kg at Rs. 2. 50 for every kg. At the point when 2000 units of a product are fabricated, it is discovered that 820 kgs of material is devoured at Rs. 2. 60 for each kg. Ascertain the material difference Marks] Q. 6 The Anchor Company Ltd creates the vast majority of its electrical parts in its own plant.The organization is at present thinking about the achievability of purchasing a section from an outside provider for Rs. 4. 5 for each part. In the event that this were done, month to month expenses would increment by Rs. 1,000 [10 Fa ll 2010 The part viable is made in Department 1 alongside various different parts. Because of stopping the creation of this part, Department 1 would have to some degree diminished activities. The normal month to month utilization creation of this part is 20,000 units. The expenses of creating this part on per unit premise are as per the following. Material Labor (half-hour) Fixed overheads Total costs Rs. 1. 80 2. 40 0. 80 5. 00 [10 Marks]

Ethics Finance Case studie

Question: Incorporate and convey information on morals and polished skill in money related administrations from corporate and singular points of view in national and global settings. Answer: Discussion Topic Morals are the instruction of moral qualities and the choices. Because of the differing assortment of administrative enhancements and new advertisement disappointments, good manners has stayed stressed to principled guidelines archived inside the accounting calling. Morals instruction and preparing will have practically zero effect on decreasing corporate falls internationally later on. Position Business ethics lessens the oppurtuinities for a corporate to make tremendous benefits. Focused on model, an overall partnership can move its assembling ability to a creating country to lessen sums. Extensions emerging utilized conditions, for instance pay and better reasonableness and insurance esteems decay the degree of the sparing of the organization that it wants for. By and by there is battling view that the limits on company approval will support more extensive culture. With surveys and realities, moral arrogances by evaluators negatively affects the general public whichj will bring about parcel of cheating, falsification, doubt and will decrease the currency market and capital market exchanges and will negatively affect them. Now and then morals has basically no end and isn't gainful for the general public and some negative and terrible things will keep on occurring. There has been visit shams, stings deluding monetary examination, with defilement. Protecting the Position Battles emerge when a companys investors don't overwhelmingly contribute in the business and rather enlist master the board to maiantain and run the partnership. One of the challenges of a moral compliance program is that it requires the wide-extending arrangement of association to be genuine. Everyperson attempt to apply their own particular manners and standards which can create turmoil and ruin. For instance, an executive who will in general look the other way when his faculty are submitting sexual inconvenience sets a model that can begin to debilitate the entire business theory (Macdonald, 2016) After such great virtues the inspector can't distinguish trickery and phoniness in the records of the association (The discussion, 2015) With great moral practices regularly there are tricks, debasement happening everywhere With great moral qualities and good guidelines the organization can't show genuine announcement s of the monetary books and doesn't convey appropriate bookkeeping data and simply center around sparing charges and not recording legitimate income age sources and legitimate costs. Business attitudewith the qualities and it misgivings may damagingly change an examiner's or the bookkeepers execution . With respect to the instance of VW, 7-Eleven and Turing. huge network with broadcasting disturbance about their shameful and self absorbed execution. The ethics of corporate is mainly perceived as a substance of corporate self-guideline with the goal that inconvenient outsiders dont have their nose in the illicit relationships of the organization. The September disrespects suggest a totally different upright natures. This air could bankroll to the hardship of moral morals. Morals to be fused in business organizations being progressively caught and increasingly open hubbub ought to be there. To have usable morals they should be lashed onto organizations against their assurance. Business morals is self-overseeing, not business. Recently, Nestle has finished headings twice for getting in a compromising position spying on Attic, a non-government affiliation. Settle has been all around requested to pay reward to the affiliation. The negative issue of matchless quality and maintaining ethics are the leading group of administrations have obligatory duties to accomplish in the exceptional thought of the enterprise. Breaking those duties by not conferring legitimate preparing can have a significant misfortune to the association (Capozzi, n.d) Fights rise when a companies investors don't vivaciously give in the attractive and in its place recruit talented association to keep up and maintain the business or foundation. We have s even that the companys association with its investors communicates and portrays its principled qualities. McDonalds, even its a fruitful brand around the world, remains the bulls-eye of a venomous city repercussion attributable to what many recognize as awful expert trustworthy qualities in its relationship with workforces and different members and investors. Heaps of upkeep are required like the investors meeting record, directorate reports and other fundamental archives. Bunches of maintainece are required as they are the significant records of the organization and should be overseen appropriately. Due to such a large amount of partnership customs will prompt misusing and debasement. The executives will be disturbed. Debasement and grease up distributions exist as certain states, mainly like African countries, are acquainted with get grease up surges as a method of accepting authoritative assignments achieved in less time or favor with local organizations. Extra difficulty of upkeep of morals in overall business is the nonexistence of work for different enterprises at whatever point the directions are been divided or broken. Mattel has gotten notoriety for making hazardous dolls. The enterprise subcontracted work to China to drop down the expense of creation, however the dolls that came back again were treated with defiled lead conceal and contained multiple times the legitimate furthest reaches of lead content. The dolls made were unwell appended little lodestones that could cut the guts whenever consumed. The dolls built up a significant threat, and Mattel needed to recognition them, and face network anger for its corrupt corporate conduct. It is pricey as creating, spreading and support a morals dormancy bundle inside the organization can be terrible and troublesome. Reasonable organization of an ethics list regularly needs the endorsement of a standards general and the capability of organization monetary and staffs reserves. The set of principles once in a while bring untrustworthy execution. Representatives are by and large not permitted to talk on the subject as they dread losing the employment and no top down methodology is there to tell the complaint and different things. Deciding to consume around $50 million on a unique confined plane later charming $45 billion in payer of assessments stores to remain above water, as Citibank did is an exemplary case of degenerate business ethics. Making substances mediocre for Citibank, CEO Vikram Pundit leaned back to Congress that he built up a reward of one million per year when the genuine figure was $11 million (Nayab, 2014) Organizations ruin inunprincipled business behaviorprincipally to misuse incomes. By the by, buyers and investors had the mixed up path strategic endeavor incomes can be a misfortune to the altruism. References Macdonald, L. (2016).Advantages and drawbacks of business morals. Recovered 09 December 2016 from https://smallbusiness.chron.com/favorable circumstances drawbacks business-morals 10414.html Capozzi, C. (n.d). The drawbacks of International business morals. Recovered 09 December 2016 from https://www.ehow.com/info_7736609_disadvantages-global business-ethics.html The discussion (2015). Volkswagen cases show why we should push back on corporate morals . Recovered 09 December 2016 from https://theconversation.com/7-eleven-volkswagen-cases-show-why-we-should-push-back-on-corporate-morals 48739 Nayab, N. (2014).Real world instances of awful morals. Recovered 09 December 2016 from https://www.brighthub.com/office/business visionaries/articles/115557.aspx

The Idea of National Interest

The Idea of National Interest The Idea of National Interest Home›Consideration Posts›The Idea of National Interest Consideration PostsShould Government Use Propaganda to Persuade Citizens to Support its Idea of National Interest?The definition of the word propaganda is highly debatable due to the fact that there are various forms of propaganda but a simpler way could be that propaganda is any information, ideas or rumours deliberately spread widely to help or harm a person, group, a movement, institution, nation, etc. It can also be defined as the deliberate spreading of such information, or the particular doctrines or principles propagated by an organization or movement. Propaganda is therefore information or ideas, the spreading of such information and the means by which the ideas are spread to either help or harm individual(s) (Evonne, 74). propaganda can be in forms of adverts i.e. using strong statements to state your product as the best in the market, an appeal to convince subjects that one side is the winning side or feeding subjects with only positive ideas and omitting the contrary information.The government should not use propaganda to persuade its citizens to support its ideas of national interests; this is because propagandas are always based on one side of opinion neglecting the contrary ideas or information which could otherwise be of equal importance to the subjects. They always aim at moving the subjects to join a crowd or common multitude just because others are doing so or due to selfishness but not on concrete reasons. This is exemplified by the World War 1 in which all nations that participated used propaganda posters not only as a means of justifying involvement in the war but also as a means of procuring men, money and resources from their citizens to sustain the military neglecting the wars effects on the people (Evonne, 78).Propagandas are known to always focus on one perspective of a topic, supporting it at all costs while neglecting the minority’s opinion. T his is a very wrong approach in today’s world where diplomacy has taken preference such that the majority should have their way while the minority have their say (Gardner, McDevitt, Hoogeveen and Scully, 160).It is therefore very inappropriate that in a world governed by democracy where each citizen has a right to speak his/her mind and make personal decisions is influenced by propaganda from his or her own government.