IGNOU Bcom Assignments 2011

1. Explain the journal entries that are passed in the books of the head office to record various transactions relating to the branch, when goods are invoiced at cost. (20) 2. Explain the steps to be taken while calculating the interest when the total cash price and installments are given? (20) 3. Explain the important [...]

Also for: B. Com (A & F) B. Com (F & CA) 1. What is meant by mixed economy? Highlighting its salient features, explain how it helped in developing industrial infrastructure in India? (5, 10, 5) 2. What do you mean by fiscal policy? Describe various instruments of fiscal policy in India. (5, 15) 3. [...]

1. “Auditing begins where Accountancy ends.” Discuss this statement. How does Accountancy differ from Auditing? (10, 10) 2. Write Short note on the following: (i) Internal Cheek (ii) Internal Audit (iii) Internal Control (8, 6, 6) 3. How would you value the following: (i) Intangible Assets (ii) Investment (iii) Patents (iv) Goodwill (4 × 5) [...]

1. Define costing and cost accounting. Explain the major advantages of cost accounting. (20) 2. (a) What are the steps involved in purchase of material? (b) Explain in detail the FIFO method of pricing with the help of imaginary figures. (10, 10) 3. Differentiate between the following: (a) Cost Accounting and Financial Accounting. (b) Cost [...]

1. Why should inflation be controlled? Explain the various measures to be adopted to control it. (20) 2. Discuss the various functions of the Reserve Bank of India and also explain the system of note issue in India. (20) 3. Examine the salient feature of Regional Rural Bank. (20) 4. Critically examine the role of [...]

1. What is lifting of corporate veil? Explain the circumstances under which the corporate veil can be lifted. (20) 2. (a) Explain the rule laid down in Royal British Bank vs Turquand and state the exceptions to it,if any. (b) What is a prospectus? How does it differ from statement in lieu of prospectus? (14, [...]

1. Describe the law of equi-marginal utility. Explain with the help of diagram, how does a consumer attain equilibrium? (20) 2. What do you mean by Elasticity of Demand? How would you measure the price elasticity of Demand? (20) 3. What do you understand by production possibility curve? Illustrate it with the help of a [...]