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h101 Economics Accountancy and Management Set1
h101 Economics Accountancy and Management Set1
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I B.Tech.(CCC) Supplimentary Examinations, June 2009 ECONOMICS ACCOUNTANCY AND MANAGEMENT (Civil Engineering) Time: 3 hours Max Marks: 100 Answer any FIVE Questions All Questions carry equal marks
1. Dene price elasticity of demand. What are the various degrees of price elasticity? Illustrate graphically. [20] 2. Discuss in detail the dierent methods of production functions. 3. What are the components fo working capital? Explain each of them. [5 4 = 20] [8+12]
4. The following is the nancial information of 3 business units. Determine Current ratio and Quick ration. Comment on their liquidity position and rank them.[10+10] Liabilities Capital Prot balance Bills payable Sundry creditors X Rs. 56,000 10,000 25,000 11,000 1,02,000 30,000 50,000 12,000 10,000 1,02,000
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50,000 50,000 15,000 10,000 1,25,000
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60,000 70,000 20,000 10,000 1,60,000
5. What is Perfect Competition? How is Market Price determined under conditions of Perfect Competition? [6+14] 6. Bring out and explain any six important principles of management. 7. What are the basic functions of HRM? [20] [10+10]
8. List of activities for erecting a canteen in the factory is given below with other relevant details. Job A must precede all others while job E must follow all others a part from this, jobs can run concurrently.
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Normal Crash Duration Cost Duration Cost (Days) (Rs) Days (Rs) 5 3000 4 4000 6 1200 2 2000 4 1000 3 1800 5 1200 3 2000 3 1600 3 1600
A B C D E
Lay foundations and build walls Tile roong Instal electricity Instal plumbing Connect services to nish
(a) Draw the network and identify critical path. (b) Crash the network fully to nd out minimum duration. (c) If indirect costs are Rs.300/day, determine the time-cost trade-o for the project. [20]
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