hueps:fwww.mjpruonline.com eine Pages Paper Code : 13319 B.Com. (Hons) (Part-II1) Examination, 2021 (Group-B) Time: 1% Hours} Avene Re€erger wh evel oe Al Sectlon-A WE-H (Long Answer Type Ques (ert em) Note: Attempt any two questions, 15 each fod a weet oe Ge 1. What is meant by financial statement? Di its nature and objects face for & zen ones #2 sant oe “ste a | >. What is meant by ‘Analysis of financial state- ment? Discs is objects and limitation, ") ® PTO. ‘hupss/vww mipruonline.com hueps:fwww.mjpruonline.com Farther fereott & feeeroor & ae sera 2 ge ‘Rea od drt oo avis aI ‘What is meant by Continuous Audit? Compare between Continuous Audit and Periodical Au- dit. How will you save against disadvantages of Continuous Audit? ‘arey sitbary ar ae sre 82 are sare othe racemes siteror 8 ae SR @? aTey SSA Bt aire & ana foe Wor aah? 4. On what main points you will pay special at- tention while investing a business concem, which wants loan on behalf of a bank? wis dst d ws afte denarst se cor ene 8, RTO ae eT TE Tt ew Rea cat? Section-B / wos. (Short Answer Type Questions) (org sortie re) 5. _ Attempt any three of the fottowing aestions 13019 @) ‘upssfivww mipruontine.comhueps:fwww.mjpruonline.com Each question carries § marks, Seach Fresfeten 8 EE at mest ah ee AB sees 5 ih a & 2 ‘What is Budgetary Control? wait Fraraer aay dp (ii) Following data have been extracted from the cost records of Y Ltd Total Capacity 40,000 Unit Capacity BEP. 40% Variable Cost per unit 16 Fixed Costs 80,000 Find out selling price per unit for the above BEP. ang ro & era fick & Fr itt faa & gaara 40,000 ae aoe OT TAT SFT, 40% feat amr aft ead U6 ert 08 % 80,000 % PTO. 13319 ‘hupss/vww mipruonline.com hueps:fwww.mjpruonline.com es aT ee fs & fe weg Reepa apa ara if (iii) What is margin of safety? How is it cal- culated? Ren at een 8? gach wort fra we Hard a (iv) Calculate Break-even point in rupees. 1Year Year Sales 80,000 % 90,000 Profit — €10,000 14,000 “ee Rede fg ah eu) A oar ie Year M1 Year faa 80,000 % 90,000 am T1000 =F 14,000 (8) Auditing is luxury for small businesses, v why? BE meee 3 fe oftsar Peter &. wi 13319 ® ‘hupss/vww mipruonline.comhueps:fwww.mjpruonline.com (vi) What points Would you keep in ming while Voucting? srorera) ot Site axe mer saa PS aT Batch (vii) Discuss the principles of Verification. ‘wanes & Rirgied ah erga (ili) Distinguish between Share Cerificate and Share Warrant fer wT sie ster # ore El Section-C) WE (Objective Type Questions) cage 3) 6. Choose the right alternative. Teach ab Ree re aA (i) Thetemeurent asst doesnot ince (a) Stock (b) Debtors (c) Car (4) Prepaid Expenses nano ‘hupss/vww mipruonline.com © PTO. hueps:fwww.mjpruonline.com ‘ered Brahe entire (3) ie (@ te () OR (@) Wenz Gi) Investment can be (2) Current Assets (b). Fixed Assets (©) Intangible Assets (@ Either (a) or (6) ‘fata ay esa &- (oy ayaa (a) ear ae (a) gear wee @ aap t (ii) Torender suggestions othe management is___ object of the auditor: Serer} Bh eee to gisper OT __ wae: 13319 o ‘hupss/vww mipruonline.comty) i319 hueps:fwww.mjpruonline.com (@ Primary we {by Secondary eas () Social arma (@) None ofthese sae ad adi ‘Which of the following is based on the principle of division of labour rests ah Rr & Fre suas ter & (2) Internal Conteot ratte Praor (b) Intermal Checking aries Petar (©) Internal Audit arate sider (4) None of these waa ae ei o ‘hupss/vww mipruonline.com hueps:/ww.mjpruonline.com (9) Cost Audit is benificial for the: ITT Bidar oman &: (a) Management wre & fre (b) Consumers ‘oharr & fre (©) Goverment wean 3 re (d)_Allof these arten wit fre ‘aps: anjprucaline.com Whatsapp @ 9300930012 Send your old paper & get 10/- ek ge ed AN TO we Paste or Google Pay 3 13319 ® ‘hups:/(vww mipruonline.com