Here you can find notes for all your BAF (Bachelor of Accounting and Finance) subjects, including Financial Accounting, Cost Accounting, Business Economics, Advertising, Management, etc.
You can download the FYBAF books pdf free download from this article.
The FYBAF (Bachelor of Commerce in Accounting and Finance) program is a crucial undergraduate course of study that builds the groundwork for a prosperous career in the disciplines of accounting, finance, and allied businesses. The course gives students a thorough grasp of corporate accounting, investment analysis, financial management, and other financial topics that are vital for corporations and organizations. Let’s examine the significance and topics addressed by the FYBAF program:
Online materials and textbooks for FYBAF topics are readily available to students in PDF format for free download. These sources include extra readings, reference books, and practice problems in addition to the course syllabus. Access to FYBAF books in PDF format may greatly improve the educational process by giving students flexibility and convenience throughout their academic careers.
These FYBAF books pdffree download from Mumbai University are offered to you in pdf format. These books should be useful to you while you study for your examinations, we hope. Just working hard during class is insufficient to achieve decent grades. By researching wisely, you must keep up with your competition. Making and rigorously adhering to a schedule is a good idea. College is a place where there are many distractions that keep you from studying. In order to address it, we have also created a distinct section.
The value of FYBAF courses resides in their capacity to give learners a solid grounding in business and commerce. Students who complete this degree will have the knowledge and abilities necessary to excel in a range of business-related disciplines, including management, marketing, finance, and accounting. In addition, FYBCOM courses aid students in developing communication, analytical, and critical thinking abilities—all of which are crucial for success in the business world.
A significant and very relevant curriculum, FYBAF provides students with crucial accounting and financial information and abilities. For a grasp of financial management, investment analysis, and company operations, the curriculum covers a variety of topics. The availability of FYBAF books in PDF for free download enhances learning and encourages students to succeed in their academic endeavors.
First Year Bachelor of Commerce, or FYBAF books pdf can be useful for a number of reasons, including:
Complete Coverage: The first year of a Bachelor of Commerce course’s full syllabus is typically covered by FYBAF textbooks. Students who want a thorough comprehension of the subjects they are studying may find this useful.
Conceptual Clarity: FYBAF textbooks can offer concise explanations of subjects that can be challenging to grasp. These publications frequently simplify complex concepts so that students can more easily understand the underlying ideas.
Practice Questions: To assist students assess their comprehension of the subject matter, many FYBAF textbooks incorporate practice questions and activities. For students who wish to study for tests or evaluate their performance, this can be extremely helpful.
Reference Sources: Students who want to review key ideas later on can use the Fybcom texts as references. For students who want to brush up on their knowledge of particular subjects, these books can be an invaluable resource.
Quality of Content: FYBAFbooks pdf are often authored by authorities in the fields of business and finance, and they are frequently subjected to peer review for precision and excellence. This can make sure that the sources from which the kids are learning are reputable.
For students seeking a Bachelor of Commerce degree, FYBAF books pdf free download format are crucial tools. They offer convenience, affordability, accessibility, and improved learning possibilities, all of which can make a big difference in a student’s ability to succeed in college.
Maximum Marks: 75 Questions to be set: 05 Duration: 2½ Hrs. All Questions are Compulsory Carrying 15 Marks each.
Q.No
Particulars
Marks
Q.1
Objective Questions A) Sub Questions to be asked 12 and to be answered any 10 B) Sub Questions to be asked 12 and to be answered any 10 (*Multiple choice / True or False / Match the columns/Fill in the blanks)
15 Marks
Q.2
Full-Length Question OR Full-Length Question
15 Marks
15 Marks
Q.3
Full-Length Question OR Full-Length Question
15 Marks
15 Marks
Q.4
Full-Length Question OR Full-Length Question
15 Marks
15 Marks
Q.5
A) Theory questions B) Theory questions OR Short Notes To be asked 05 To be answered 03
08 Marks 07 Marks
15 Marks
FYBAF Financial Management Paper Pattern 2023
Note : Theory question of 15 marks may be divided into sub two questions of 7/8 and 10/5 Marks.
Reduces exam stress as candidates can prepare well for the examination if they know the exam pattern.
Suppose a candidate knows in advance the TYBAF Paper pattern. It can help in better preparation analysis as they would have an idea about the questions and topics that would probably come in the final examination.
If a student has completed their revision but wants to analyze the preparation according to each topic, an elaborate exam pattern can come to their rescue.
A candidate will be able to determine the marking scheme of the TYBAF Paper pattern 2023 if they understand the exam pattern.
A TYBAF Paper pattern aspirant will know their strengths and weaknesses when they work according to the exam pattern.
Practicing according to the TYBAF Paper pattern exam pattern will improve the speed and accuracy of the candidate.
Maximum Marks: 75 Questions to be Set: 05 Duration: 2 ½ Hrs. All Questions are Compulsory Carrying 15 Marks each.
Q.No
Particulars
Marks
Q.1
Objective Questions A) Sub Questions to be asked 12 and to be answered any 10 B) Sub Questions to be asked 12 and to be answered any 10 (*Multiple choice / True or False / Match the columns/Fill in the blanks)
15 Marks
Q.2
Full-Length Question OR Full-Length Question
15 Marks
15 Marks
Q.3
Full-Length Question OR Full-Length Question
15 Marks
15 Marks
Q.4
Full-Length Question OR Full-Length Question
15 Marks
15 Marks
Q.5
A) Theory questions B) Theory questions OR Short Notes To be asked 05 To be answered 03
08 Marks 07 Marks
15 Marks
FYBAF Financial Accounting Paper Pattern 2023
Note: The theory questions of 15 marks may be divided into two sub-questions of 7/8 or 10/5 Marks.
Reduces exam stress as candidates can prepare well for the examination if they know the exam pattern.
Suppose a candidate knows in advance the TYBAF Paper pattern. It can help in better preparation analysis as they would have an idea about the questions and topics that would probably come in the final examination.
If a student has completed their revision but wants to analyze the preparation according to each topic, an elaborate exam pattern can come to their rescue.
A candidate will be able to determine the marking scheme of the TYBAF Paper pattern 2023 if they understand the exam pattern.
A TYBAF Paper pattern aspirant will know their strengths and weaknesses when they work according to the exam pattern.
Practicing according to the TYBAF Paper pattern exam pattern will improve the speed and accuracy of the candidate.
Maximum Marks: 75 Questions to be Set: 05 Duration: 2 ½ Hrs. All Questions are Compulsory Carrying 15 Marks each.
Q.No
Particulars
Marks
Q.1
Objective Questions A) Sub Questions to be asked 12 and to be answered any 10 B) Sub Questions to be asked 12 and to be answered any 10 (*Multiple choice / True or False / Match the columns/Fill in the blanks)
15 Marks
Q.2
Full-Length Practical Question OR Full-Length Practical Question
15 Marks
15 Marks
Q.3
Full-Length Practical Question OR Full-Length Practical Question
15 Marks
15 Marks
Q.4
Full-Length Practical Question OR Full-Length Practical Question
15 Marks
15 Marks
Q.5
A) Theory questions B) Theory questions OR Short Notes To be asked 05 To be answered 03
08 Marks 07 Marks
15 Marks
FYBAF Cost Accounting Paper Pattern 2023
Note: The theory questions of 15 marks may be divided into two sub-questions of 7/8 or 10/5 Marks.
Reduces exam stress as candidates can prepare well for the examination if they know the exam pattern.
Suppose a candidate knows in advance the TYBAF Paper pattern. It can help in better preparation analysis as they would have an idea about the questions and topics that would probably come in the final examination.
If a student has completed their revision but wants to analyze the preparation according to each topic, an elaborate exam pattern can come to their rescue.
A candidate will be able to determine the marking scheme of the TYBAF Paper pattern 2023 if they understand the exam pattern.
A TYBAF Paper pattern aspirant will know their strengths and weaknesses when they work according to the exam pattern.
Practicing according to the TYBAF Paper pattern exam pattern will improve the speed and accuracy of the candidate.
Note: 1) All questions are compulsory. 2) Working Notes should form part of your answer. 3) Figures to the right indicate full marks.
Q.1 A) Select the correct alternatives and rewrite the sentence. (Any 8) (08 Marks).
1) At present electricity Companies are governed by __________ . a) Electricity Act 1910 b) Electricity (Supply) Act 1948 c) Electricity Regulatory Companies Act 1998 d) Electricity Act 2003
2) The Whole of the day to day management of a co-operative. society vests in Sa a) The general body b) The managing committee c) The secretary d) The chairman
3) Value of share of each member in capital of the society ___________ . a) Rs.250 b) Rs.300 c) Rs.1500 d) Rs.3000
4) Interest is always calculated on the ___________ . a) Market value of the security. b) Nominal value of the security c) Book value of the security d) Weighted average cost of the security
5) The cost of right shares is ___________ . a) Added to the cost of investment b) Subtracted from the cost of investment c) No treatment is 5 required. d) None of the above.
6) __________ is the fluctuating Income: Bearing security. a) Debenture b) Equity Shares c) Preference Shares d) Government Security
7) The maximum load that fund & can charge i is determined by the _____. a) AMC b) SEBI c) AMFI d) Distribution agents based on demand for the fund
8) The NAV of the mutual Fund __________ . a) Is always constant b) Keeps going up at steady rate c) Fluctuates with market price movements d) Cannot go down at all
9) A mutual Fund in India is a__________. a) Body corporate b) Company c) Trust d) An asset management company.
10) Total number of International financing reporting standards is__________. a) 41 b) 15 c) 33 d) 19
Q.1 B) Match the column. (Any 7) (07 Marks)
Sr.No
Column A
Sr.No
Column B
1
IFRS
A
Equity Growth Fund
2
Highest Risk associated Fund
B
AS 13
3
Moderate Risk fund
C
Maximum Cash Balance
4
Profit on sale at investment
D
Prize Fund
5
Investment Accounting
E
25% of the net profit each year
6
Fixed Income bearing securities
F
Short Term Bond Fund
7
Special Fund
G
Credited to profit and loss account
8
Bye law No 145
H
Business Combinations
9
Company transfer to reserve fund every year
I
Share based Payment
10
IFRS 3
J
Debentures
Q.2 A) From the following trial balance as on 31/03/2017, Prepare Final accounts in the prescribed format as per applicable legal provisions. (15 Marks)
Particulars
Rs
Particulars
Rs
Audit Fees
10,000
Collection for establishment expenses
12,68,919
Cash in hand
8,24,175
Collection for property expenses
13,44,570
Cash in Bank
2,01,456
Income and expenditure account
9,49,298
Dues from Members
13,95,132
Interest – Fixed Deposit
35,408
Electricity Charges
2,52,082
Interest – saving Account
1,16,313
Equipments
2,06,120
Members contribution for building
26,31,600
Fixed Deposits
13,80,522
Premium on transfers
1,00,000
Land and Building
26,31,600
Sinking Fund opening
25,49,500
Property Taxes
18,95,609
Statutory reserve Fund Opening
3,10,129
Receivable from promoters
41,950
Subscribed Capital
Repairs and maintenance
1,60,948
885 shares of Rs.50 each
44,250
Salaries
1,48,940
Transfer Fees
800
Security
96,612
Water Charges
1,05,641
Total
93,50,787
Total
93,50,787
Additional Information
Authorised Capital 8000 shares of Rs.50 each.
Outstanding electricity expenses Rs. 32,368
Depreciation on equipments @ 10%
Prepaid security expenses Rs.5,984.
OR
Q.2.B) The Trial Balance of GLA Electric Supply Ltd. For the year ended 31st March, 2019 is as below: (15 Marks).
Particulars
Dr. (000)
Cr. (000).
Share Capital:
60,00,000 Equity shares of Rs. 10 each
60,000
Patents and Trademarks
2,000
14% Debentures
24,000
11% Term Loan
14,000
Land
12,400
Building
34,000
Power Plant
60,000
Capital Reserves
7,200
Contingency Reserves
12,000
Transformers
16,400
Net Revenue Account
6,800
Inventories
11,600
Trade Receivables
6,400
Contingency Reserve Investments
12,000
Bank Balance
2,400
Public Lamps
3,200
Depreciation Fund
24,000
Trade Payables
6,000
Declared Dividend
1,66,000
1,66,000
Prepare Balance sheet.of GLA Electric Supply for the year ended 31% March, 2019,
Q.3.A) During the year ended 3 1% March 2018: Mr; Amod bought and sold the following 12% debentures of Rs.100 each of Sunshine Ltd. Interest being payable by Sunshine Itd on 1 April and 1 October every year. (15 Marks)
Date
Particulars
Ist June 2017
Bought 300 Debentures at 92 ex-Interest
1st September. 2017
Bought 100 Debentures at 94 cum-Interest
1st December2017
Sold 200 Debentures at 95 ex-Interest
1st February-2018
Bought 150 Debentures at 98 cum-Interest
Books.are closed on 31%” March every year. Market Price on 31% March 2018 was Rs.90 per debenture. You are required to.prepare Investment in 12% Debentures in Sunshine Ltd. Account for the year ended 31% March; 2018 in the books of Mr, Amod.
OR
Q.3.B) Mr. Sawant entered in to the following transactions of purchases and sale of equity shares of Rainbow ltd. The shares have paid up value of Rs.10 per share. (15 Marks)
Date
No of Shares
Terms
01-01-2018
600
Buy @ Rs.20 per share
15-03-2018
900
Buy @ Rs.25 per share
20-05-2018
1000
Buy (@ Rs.22per share
25-07-2018
2500
Bonus shares received
20-12-2018
1500
Sale @ Rs.22 per share
01-02-2019
1000
Sale @ Rs.24 per share
Additional Information
On 15″ September 2018 dividend @ Rs.3 per share was received for the year ended 31° march 2018.
On 12″ November 2018 the company made right issue of equity shares in the ratio of one share for five shares held on payment of Rs.20 per share. He subscribed to 60% of the shares and renounced the remaining shares on receipt of premium of Rs.3 per share.
Shares are to be valued on weighted average cost basis.
You are required to prepare Investment Account for the year ended 31-03-2018 and 31-03-2019.
Q.4 (A) Calculate the NAV of a Mutual fund from the following information: (08 Marks) On 1/4/2017 Outstanding units 1 Crore of Rs.10 each= Rs.10 Crores (Market value Rs.16 Crores) Outstanding Liability Rs.5 Crore. Other Information
20 lakhs units were sold during the year at Rs.24 per unit.
No additional investments were made during the year and as at the year end 50% of the investment held at the beginning of the year were quoted at 80% of book value.
10% of the investment have declined permanently 10 % below cost
At the year 31/03/2018 outstanding liabilities were Rs. Crore.
Remaining Investments were quoted at Rs.13 crores.
Q.4 B) The-investment: portfolio of a mutual fund scheme includes 5000 shares of A Itd and 4000 shares of B ltd acquired on 31*December 2016. The cost of A Itd’s share is Rs.40 while B ltd’s shares is Rs.60.The market value of these shares at the end of the 2016-17 was Rs.38 and Rs.64 respectively. On 30/06/2017, shares-of both the companies were disposed off realising Rs37 per A 1td’s share and Rs. 67 per Y ltd’s-share.. Show important accounting entries in the books of the fund for the accounting years 2016-17 and 2017-18 (07 Marks)
OR
Q.4 C) (15 Marks) A Metro Mutual fund Co. has the following assets under it on the close of business as on:
Company
No of shares
1″ February 2012 Market price per share (Rs)
2″ February 2012 Market price per share (Rs)
NG
20,000
20.00
20.50
MD
30,000
312.40
360.00
PC
20,000
361.10
382.10
PS
60,000
505.10
503.90
1) Calculate Net Asset Value (NAV) of the fund 2) Assuming One Mr. A, submits a cheque Rs.30,00,000 to the mutual fund and the mutual fund manager of this company purchases 8,000 shares of MD ltd and the balance amount is held in Bank. In such a case what would be the position of the fund. 3) Find new NAY of the fund as on 2″ February,2012.
Q.5 A) Discuss the meaning and features of Mutual Fund. (08 Marks) Q.5 B) Explain effect of Ex-interest and Cum-Interest price on Accounting. (07Marks)
OR
Q.5 C) Write short note on ( Any 3) (15 Marks)
1) Pre acquisition dividend. 2) Types of Mutual Fund 3) Reserve Fund in Co-op housing society. 4) Accounting for Depreciation for Electricity accounts 5) Large Cap. Mid Cap and Small Cap mutual funds.
TYBAF SEM 6 Financial Accounting Question Paper 2019 Pdf
Don’t wait until the last minute to start studying: begin early. You’ll have more time to learn the topic and solve questions, the earlier you start.
Remain arranged: Plan a study schedule and stick to it. Take time to rest and refresh during breaks.
Regularly review your notes: Regularly reviewing back your notes will help you keep the content in your memory.
Practice, practice, practice: By working through sample problems and completing sample tests, you can identify your areas of weakness and become familiar with the exam’s format.
Ask for assistance if you need it: If you’re having trouble with the subject, don’t be shy to ask for assistance. You can seek advice from your teacher, a classmate, or a tutor.
Get a good night’s sleep: The night before the exam, be sure to get lots of rest. A mind that has got enough sleep is better prepared to memorize and recall information.
Arrive early on exam day: Arrive early on the day of the exam to give yourself time to settle your worries and mentally prepare.
Stay focused during the exam: Avoid being distracted during the exam by remaining focused. Take a deep breath and return your attention to the activity at hand if you realize that your mind is roaming.
Don’t waste too much time on any one question: keep an eye on the time. If you start to struggle, leave it and return to it later.
Review your exam after you’re done: After you’re finished, review your paper for a while. By doing this, you’ll be able to correct any mistakes you may have made and provide any answers you’re not sure about.
Q.1 B) State whether True or False (Any Seven). (7 Marks)
Imports of light fitting by passenger including short visit abroad qualify as bonafide baggage.
Infant means a child not more than four years of age.
Baggage includes motor vehicles.
Landing charges are to be added to CIF value.
GST means Good night Sweet dream Take care.
A Dealer is liable for registration under GST Act, only if his Supply exceeds Rs, 20,00,000.
Maximum Rate of Interest is 8% U/S 50(1).
All services are Supply.
Temporary detention of Baggage if it includes import of prohibited items.
FOB means free on board.
Q.2 A) The details of purchase and Sales of Mr. Ravikishan who started business during the financial year 2018-2019 are given as follows: (15 marks)
Particulars
Rs.
Intra State Supply of goods
18,00,000
Inter State Supply of goods
13,00,000
Intra State Purchases of goods
13,00,000
Inter State Purchases of goods
1,50,000
ITC at the beginning [op.bal.]
CGST
1,30,000
SGST
1,30,000
IGST
1,70,000
If inward and outward supplies are exclusive of taxes. Find out whether he is liable for payment under GST, And Total GST Payable U/S 49 if tax rate is CGST, SGST, IGST is 9%, 9%, and 18%.
OR
Q.2 B) ACS Ltd. Operating in Two States Andhra Pradesh and Tamil Nadu, the Tax Liability for the month of March 2019 is as follows: . (15 Marks)
Particulars
Andhra Pradesh Rs.
Tamil Nadu Rs.
Output CGST payable
25,000
10,000
Output SGST payable
110,000
5,000
Output IGST payable
3,060
2,500
Input Credit CGST
8,000
13,000
Input Credit SGST
15,000
1,500
Input Credit IGST
12,000
16,000
Prepare different ledger and Find out whether ACS Ltd. is liable for payment under GST or Not?
Q.3 A) 1. M/S Ravi Dyeing Pvt, Ltd. Supplied goods worth Rs. 10,00,000 to M/S Yunus Pvt. Ltd. in the month of September,2017 plus GST 12%. M/S Ravi Dyeing Pvt. Paid the GST on 5! December 2018.The amount of input tax is 70,000 is available in the books. Calculate interest payable @18% pa U/S50 under CGST Act? (5 Marks)
Q.3 A) 2. The details of business transactions of Mr, Nandi who started business on 1% April 2019 are given below. If he has Rs. 5,00,000 in his electronic cash ledger suggest him order of discharge of liability L/S 49(8): (10 Marks)
Particulars
Rs.
Tax liability of COST, SGST, GST for supplied made during August 2018
1,00,000
Interest and penalty on delayed payment and filling of returns belonging to August 2018
20,000
Tax liability of CGT, SGST, IGST for supplied made during September 2018
1,20,000
Interest and penalty on delay ed payment and filling of returns belonging to September 2018
20,000
Demand raised as per Section 73 or Section 74 under CGST Act.2017 belonging to January 2019
8,00,000
Demand raised as per the old provisions of Indirect Taxes
1,00,000
OR
Q.3 B) 1. M/s Rose Ltd. has in its Electronic Credit Ledger Rs. 10,00,000 not paid the Tax Rs. 30,00,000 for the month of May 2018, on or before due date 20/06/2018. If Tax paid on 10/10/2018. Calculate interest payable@ 18% U/850 under CGST Act? (5 Marks)
Q.3 B) 2. Mr. Modi has output tax liability of Rs. 1,00,000 towards CGST and SGST/UTGST and Rs. 20,000 towards IGST and also interest payable of Rs. 1,800. Explain the manner of discharge of tax liability by Mr. Modi in following Two independent cases. i) ITC available of CGST, SGST of Rs. 5,000 each & IGST Rs. 25,000 i) ITC not available (10 Marks)
Q.4 A) Product Z was imported by Mr. Rahul by Air. The details of import transaction are as follows:
Particulars
US $
Price of Product Z at exporter’s factory
16,000
Freight from factory of exporter to load airport (airpart in the country of exporter)
500
Loading and handling charges at loading airport
500
Freight from loading airport to airport of importation in India
7,000
Insurance Charges
4,000
Rate of Exchange
Rs. 64 per US $
Rate of Basic Custom Duty [BCD]
15%
Social Welfare Surcharge [SWS]
10%
Integrated Tax U/S 3(7)
12%
Calculate Total Value of Product Z in India. (15 Marks)
Q.4 B) 2. Mr. Robart an Indian resident of 35 years returned to India after visiting London on 10th April 2019. On his baggage he brought following items with him:
Particulars
Rs.
Goods with personal effects like cloths etc
60,000
10 liters of Wine
5,000
Cigars 100 worth
21,000
A Microwave oven
30,000
Rate of Basic Custom Duty [BCD]
35%
Social Welfare Surcharge [SWS]
10%
Calculate Custom Duty Payable. (5 Marks)
Q.5 A) 1. Write any Eight Exempted Items from custom duty of Baggage Rules 2016 under Rule 3 from any annexure. (8 Marks) Q.5 A) 2. Goods includes as per definition of Custom Act any Seven. (7 Marks)
OR
Q.5 B) Write Short Notes Any Three: (15 Marks) 1) Scope of Foreign Trade Policy 2015-20. 2) Objectives of Foreign Trade Policy 2015-20. 3) Guiding principles of Foreign Trade Policy 2015-20. 4) Different Types of Duties as per Custom Act. 5) Different Types of Audit as per CGST Act.
Don’t wait until the last minute to start studying: begin early. You’ll have more time to learn the topic and solve questions, the earlier you start.
Remain arranged: Plan a study schedule and stick to it. Take time to rest and refresh during breaks.
Regularly review your notes: Regularly reviewing back your notes will help you keep the content in your memory.
Practice, practice, practice: By working through sample problems and completing sample tests, you can identify your areas of weakness and become familiar with the exam’s format.
Ask for assistance if you need it: If you’re having trouble with the subject, don’t be shy to ask for assistance. You can seek advice from your teacher, a classmate, or a tutor.
Get a good night’s sleep: The night before the exam, be sure to get lots of rest. A mind that has got enough sleep is better prepared to memorize and recall information.
Arrive early on exam day: Arrive early on the day of the exam to give yourself time to settle your worries and mentally prepare.
Stay focused during the exam: Avoid being distracted during the exam by remaining focused. Take a deep breath and return your attention to the activity at hand if you realize that your mind is roaming.
Don’t waste too much time on any one question: keep an eye on the time. If you start to struggle, leave it and return to it later.
Review your exam after you’re done: After you’re finished, review your paper for a while. By doing this, you’ll be able to correct any mistakes you may have made and provide any answers you’re not sure about.
Note: 1) All questions are compulsory. 2) Figures to right indicate full marks.
Q1. (A) Select the appropriate answer and rewrite the following statement: (Any 8) (08 Marks)
1) A lower Gini index implies _______ a) More equal distribution of income b) Unequal distribution of income c) Higher inequality
2) __________ was categorized as tenants. a) Occupancy tenants b) Sub tenants c) 2 and b both
3) _________ is not the part of classification of industries on the basis of ownership. a) Micro enterprise b) Capital goods industries c) Small enterprises
4) Government policy on disinvestment was introduced in __________ . a) 1995 b) 1991 c) 1980
5) In 2016-17 India’s foreign exchange reserves was __________ . a) Surplus b) Deficit c) Balance
6) SAARC was formed in the year ________ . a) 1987 b) 1985 c) 1982
7) Monetary policy in India is decided by ___________ . a) RBI Governor b) Finance Minister c) Monetary Policy Committee
8) In 1969, ________ major commercial banks were nationalized. a) 14 b)15 c)18
9) Secondary market does not include a) Screen based trading b) Liquidity adjustment facility c) Rolling system
10) _________ is the role of RBI. a) Price stability b) Investors’ education c) Treasury bills
Q1. (B) State whether the following statements are ‘True’ or ‘False’: (Any 7). (07 Marks)
Slow implementation of land reform was due to lack of political will.
The overall economic development has created sufficient employment opportunities in the country.
Industrial growth picked up significantly during the 10″ plan.
Small scale industries do not face any problems in India.
Service sector is the driver of economic growth in India.
FDI is not permitted in insurance sector in India.
GATT was transformed into WTO on 1% January 1995.
India’s current imports mainly consist of capital goods.
A decrease in repo rate makes credit cheap.
Major portion of agricultural finance comes from traditional sources.
Q.2 A) Explain the causes of income inequality. (08 Marks) Q.2 B) Discuss the reasons for poor implementation of land reforms. (07 Marks)
OR
Q.2 C) Analyze measures to increase employment opportunities in India. (08 Marks) Q.2 D) What are the effects of urbanization? (07 Marks)
Q.3 A) Highlight the role of public sector in India. (08 Marks) Q.3 B) Analyze the pattern of industrialization in India. (07 Marks)
OR
Q.3 C) Briefly explain the industrial policy of 1991. (08 Marks) Q.3 D) Discuss the problems faced by small scale industries in India. (07 Marks)
Q.4 A) Explain the nature and scope of service sector in India. (08 Marks) Q.4 B) Highlight the important recent trends in health industry in India. (07 Marks)
OR
Q.4 C) Explain the performance of SAARC. (08 Marks) Q.4 D) Examine the positive and negative impact of MNC. (07 Marks)
Q.5 A) State and explain the quantitative instruments of credit control. (08 Marks) Q.5 B) Analyze the role of SEBI in India. (07 Marks)
OR
Q.5) Write short notes on: (Any 3). (15 Marks)
i) National Agricultural Policy 2000 ii) Disinvestment policy in India iii) Structure of capital market iv) Types of FDI v) Limitations of monetary policy in India
Don’t wait until the last minute to start studying: begin early. You’ll have more time to learn the topic and solve questions, the earlier you start.
Remain arranged: Plan a study schedule and stick to it. Take time to rest and refresh during breaks.
Regularly review your notes: Regularly reviewing back your notes will help you keep the content in your memory.
Practice, practice, practice: By working through sample problems and completing sample tests, you can identify your areas of weakness and become familiar with the exam’s format.
Ask for assistance if you need it: If you’re having trouble with the subject, don’t be shy to ask for assistance. You can seek advice from your teacher, a classmate, or a tutor.
Get a good night’s sleep: The night before the exam, be sure to get lots of rest. A mind that has got enough sleep is better prepared to memorize and recall information.
Arrive early on exam day: Arrive early on the day of the exam to give yourself time to settle your worries and mentally prepare.
Stay focused during the exam: Avoid being distracted during the exam by remaining focused. Take a deep breath and return your attention to the activity at hand if you realize that your mind is roaming.
Don’t waste too much time on any one question: keep an eye on the time. If you start to struggle, leave it and return to it later.
Review your exam after you’re done: After you’re finished, review your paper for a while. By doing this, you’ll be able to correct any mistakes you may have made and provide any answers you’re not sure about.
Q.1 A) State whether the statements are True or False (Rewrite the sentence) Any eight. (08 Marks)
Sales budget can be prepared only area wise
Purchase Budget can be determined only in quantity
Absorption costing and Marginal costing are same
Effect of price reduction always improves profit volume ratio
Under Marginal Costing stocks are over valued
Variable cost per unit remains constant at all level of activity
Imputed cost is also known as Notional cost
Margin of Safety determines profit of the Organization
Increase in Profit Volume ratio decreases Break Even Point
Cash Budget determines budgeted receipts and payments
Q.1 B) Match the Following Any seven. (07 Marks)
1) Key factor
A) Non cash item
2) Marginal Cost
B) Gang composition
3) Sale mix
D) In quantity
4) Budgetary Control
D) Part of Material usage variance
5) Standard Costing
E) Fixed and variable overheads
6) Flexible budget
F) Predetermined
7) Material yield variance
G) Budget Manual
8) Production budget
H) Multiple products
9) Labour mix variance
I) Prime cost + variable overheads
10) Depreciation
J) Limiting factor
Q.2) ABC Ltd Furnishes you the following income information for the Year 2018. (15 Marks)
First Half
Second Half
Total cost
8,00,000
14,00,000
Profit earned
2,00,000
6,00,000
From the above you asked to compute the following assuming that the fixed cost remains the same in both the periods
Profit /Volume Ratio
Fixed cost Annual
Sales, required to earn the profit of ₹ 7,50,000
Profit required to earn, at sales of ₹ 45,00,000
BEP for the whole year
OR
Q2) Akash Ltd produces three Product I,J, and K From the same manufacturing facilities . The cost and other details of the three products are as follows: (15 Marks)
Particulars
I
J
K
Selling Price Per Unit (₹)
250
200
150
Variable Cost Per unit (₹)
150
150
60
Fixed Cost per month ₹3,00,000
Maximum Production per month (units)
6000
10000
8000
Total Hours available for the month 400 hours
Maximum Demand per month (units)
4000
6000
4800
The Processing hours cannot be increased beyond 400 hour per month You are required a) Compute the most profitable product mix b) Compute the overall break even sales of the company for the month based on the mix Calculated in (a) above
Q.3) Prepare a Cash Budget of Raigad Ltd. for March, April and May. 2019 from the following information given below:
Months
Sales(₹)
Purchases(₹)
Wages (₹)
Expenses (₹)
Jan
1,80,000
70,000
20,000
5,000
Feb
1,50,000
60,000
18,000
8,000
March
1,40,000
80,000
25,000
9,000
April
1,00,000
60,000
24,000
8,000
May
90,000
50,000
20,000
6,000
June
80,000
40,000
18,000
5,000
Additional Information:
20% of the purchases and 10 % of sales are for cash.
The average collection period of the company is ½ month.
Credit purchases are paid regularly after one month.
Delay in payment of wages ¼ month.
Sales commission of 2% of total sales is to be paid in the month following actual sales.
Rent ₹ 2000 included in expenses is paid monthly and other expenses are paid after one month lag
Cash balance on May 31%, 2019 may be assumed to be & 65000.
Dividend of ¥ 5,000 will be received in May 2019.
OR
Q.3) Prepare a Flexible budget of Kothaligad Itd at 50% & 75% capacity with per unit and calculate profit , on the basis of the following data.
Variable overheads:
At 60% capacity- (6000 units) (₹)
Direct Material
15
Labour
9
Semi-variable overheads:
Electricity: (40% Fixed)
10
Repairs: ( 20% Variable)
15
Fixed overheads:
Depreciation
25,000
Insurance
12,500
Salaries
30,000
Profit 25% on Sales. Estimated direct labour hours- 72,000.
OR
Q.4) From the following information about sales calculate: (15 Marks) a) Sales Value Variance b) Sales Price Variance c) Sales Volume Variance d) Sales Mix Variance : e) Sales Quantity Variance
Standard
Actual
Product
Units
Price per unit ₹
Units
Price per unit ₹
X
50,000
6
60,000
7
Y
22,000
7
30,000
8
Z
28,000
8
30,000
8
OR
Q.4) From the following, calculate Labour Variances: (15 Marks)
Types of Workers
Standard
Actual
No. of Workers
No. of Hour
Rate per ₹ Hour
No. of Workers
No. of Hour
Rate per ₹ Hour
Skilled
40
50
4.00
35
50
4.50
Semi-Skilled
20
20
3.00
30
30
3.00
Unskilled
20
30
2.00
26
25
2.50
Budgeted and Actual outputs are same
Q.5 A) Distinguish between Absorption costing and Marginal costing. (08 Marks) Q.5 B) Explain budgetary control along with its advantage and disadvantage. (07 Marks)
OR
Q.5) Write short notes (any three) (15 Marks)
a) Zero based budgeting b) Cost volume Profit relationship c) Budget manual d) Fixed Overhead variance e) Standard cost
TYBAF SEM 6 Cost Accounting Question Paper 2019 Pdf
Don’t wait until the last minute to start studying: begin early. You’ll have more time to learn the topic and solve questions, the earlier you start.
Remain arranged: Plan a study schedule and stick to it. Take time to rest and refresh during breaks.
Regularly review your notes: Regularly reviewing back your notes will help you keep the content in your memory.
Practice, practice, practice: By working through sample problems and completing sample tests, you can identify your areas of weakness and become familiar with the exam’s format.
Ask for assistance if you need it: If you’re having trouble with the subject, don’t be shy to ask for assistance. You can seek advice from your teacher, a classmate, or a tutor.
Get a good night’s sleep: The night before the exam, be sure to get lots of rest. A mind that has got enough sleep is better prepared to memorize and recall information.
Arrive early on exam day: Arrive early on the day of the exam to give yourself time to settle your worries and mentally prepare.
Stay focused during the exam: Avoid being distracted during the exam by remaining focused. Take a deep breath and return your attention to the activity at hand if you realize that your mind is roaming.
Don’t waste too much time on any one question: keep an eye on the time. If you start to struggle, leave it and return to it later.
Review your exam after you’re done: After you’re finished, review your paper for a while. By doing this, you’ll be able to correct any mistakes you may have made and provide any answers you’re not sure about.
Q.1. A) Select the correct alternative from the choices given below and rewrite the statement. (Any 8) (08 Marks)
1) Under Net Asset Value method value of shares are depends on __________ . a) Net asset available to equity shareholders b) Net assets available to debenture holders c) Net assets available to preference shareholders d) None of the above
2) Fair value of the share is equal to ___________ a) Intrinsic value only b) Yield value only c) Average of Intrinsic value and Yield value d) None of the above
3) Amalgamation is governed by ___________ . a) ASl14 b) AS3 c) AS21 d) AS32
4) A new company is formed under ___________ . a) Absorption b) Reconstruction c) Amalgamation d) All of the above
5) Balance of capital reduction should be transfer to ___________ . a) Security premium b) Capital reserve c) Share capital d) Profit and Loss Account
6) In a case of Lease legal title is with _________ . a) Lessor b) Lessee c) Agent d) None of the above
7) Internal reconstruction requires __________ . a) Special resolution passed at General meeting b) Special resolution passed at Board meeting c) Ordinary resolution passed at General meeting d) Ordinary resolution passed at Board meeting.
8) Installment is equal to ___________ . a) Principal + Interest b) Principal- Interest ¢) Cash Price+ Interest d) Cash Price- Down Payment
9) Initial payment made on signing of agreement is __________ . a) Down payment b) Hire purchase price ¢) Cash price d) Interest
10) Factoring involves _________ . a) Management of debtors b) Borrowing from banks c) Borrowing against Bills of exchange d) Payment of creditors
Q.1. B) State whether following statements are True or False. (Any 7) (7 Marks)
Net Asset value method is based on the assumption that the company is going to liquidated.
Discounted Cash Flow method considers time value of money.
Merger of two companies operating in the same market is called horizontal merger and amalgamation.
A situation where combined firm is more valuable than the sum of the individual combined firm is called synergy.
Capital reduction requires approval from the High Court.
In case of any default, the factor Has to bear risk of loss due to bad debts.
Working capital finance is provided against inventories.
Lease rental increase tax liability.
Under hire purchase system purchaser become owner of goods on signing of agreement.
Q.2. A) Following is the summarized balance sheet of Suzuki Ltd. as on 3 1% March 2019. (15 Marks)
Liabilities
Rs.
Assets
Rs.
Share capital
Land and Building
2,30,000
600, 10% Preference shares of Rs.
100 each fully Paid
60,000
Plant and Machinery
2,50,000
6000, Equity shares of Rs. 100 each fully paid
6.00,000
Stock
1,10,000
Reserves and Surplus
1,50,000
Debtors
40,000
Secured loan
Cash at bank
1,50,000
600, 9% debentures of Rs. 100 each
60,000
Cash in hand
60,000
Sundry creditors
60,000
Investment in 10% Govt.
60,000
Securities
50,000
Preliminary expenses
40,000
9,350,000
9,30,000
The average net profit earned by the company amount Rs. 1, 14,000. Every year an amount equal 10 10% of the profit earned was transferred to general reserve. The industry average rate of return is 10% of the share value .On 31% March 2019 independent expert valuer has assessed the values of following assets:
Assets
Rs.
Goodwill
2,07,000
Land and building
2,40,000
Plant and Machinery
2,40,000
Stock
1,20,000
Debtors
30,000
Investment in 10% Govt. securities
60,000
On the basis of above information calculate the value of equity shares of company by a) Net Asset Method b) Yield Method c) Also calculate fair value of the company’s share considering above two methods.
OR
Q.2 B) Calculate EVA from the following information. (08 Marks) Debt= Rs. 250 Crore Equity= Rs. 500 Crore Cost of debt ( after tax) = 8% Cost of equity= 15% EBIT (Operating Profit) =92 crore Tax rate= 40%
Q.2. C) Calculate MVA from the following information of Alpha Ltd. (07 Marks)
Balance Sheet of Alpha Ltd. as on 31% March 2019
Liabilities
Rs. in Lakhs
Assets
Rs.in Lakhs
Equity Share Capital of Rs. 10 each
1,200
Building
1,800
Retained earning
600
Machinery
800
8%% Term loan
800
Stock
100
Bills Payable
350
Debtors
80
Provision
430
Bank 600
600
3380
3380
Profit After Tax ( PAT)= Rs. 2,271 (in Lakhs), P/E Ratio = 2
Q.3 A) Zigma Ltd is intending to acquire Sigma Ltd. by merger and following information is available in respect of the companies. (15 Marks)
Particulars
Zigma Ltd.
Sigma Ltd.
Equity Share capital of Rs. 10 each (Rs. lakhs)
450
180
Earnings After Tax ( Rs. Lakhs)
90
18
Market price of each Share(Rs.)
60
37
On the basis of above information you are required to calculate following:
a) What is the present EPS of both the companies? b) What is the present Price Earning Ratios ( PE ratios) of both the companies? c) If proposed merger takes place , What would be the new EPS for Zigma Ltd. ( assuming that the merger takes place by exchange of equity shares and the exchange ratio is based on the current market price) d) What should be the exchange ratio, if Sigma Ltd. Want to ensure the same EPS to members as before the merger takes place?
OR
Q. 3 B) Raghav takes an asset on finance lease from Rama Ltd. the terms of which are given below: (08 Marks) a) Lease Term : 4 years b) Fair value of asset at the inception of Lease: Rs. 12,50,000 c) Lease Rent : Rs, 4,00,000 at the end of year d) Expected residual value : Rs. 1,88,000 e) Implicit rate of interest; 15%
You are required to prepare loan amortization schedule
Q.3. C) Ram Ltd. Purchased machinery from Sham Ltd. under hire purchase basis. (07 Marks) The details of purchase are: a) Cash Prize: Rs. 1,58,000 b) Down payment: 20% c) Balance amount to be paid in 3 yearly installment of Rs. 12, 00,000 each. d) Rate of interest is 10%
Prepare table to show analysis of payment and calculation of interest.
Q.4 A) Following is the Balance Sheet of Gangram Ltd. On 31% March 2019. (15 Marks)
Liabilities
Amount (Rs.)
Assets
Amount (Rs.)
Share Capital
Goodwill
50,000
4,000 preference shares of Rs. 100 each
4,00,000
Premises .
1,50,000
3,000 Preference shares of Rs. 100 each
3,00,000
Machinery
4,00,000
10% Mortgage debentures
2,00,000
Stock in trade
60,000
Sundry Creditors
1,80,000
Sundry Debtors
1,00,000
Profit & Loss A/c
3,20,000
10,80,000
10,80,000
Owing to heavy losses the committee of shareholders and creditors approved the following scheme of reconstruction:
a) Preference shares to be reduced to Rs. 75 each fully paid. b) The equity shares to be reduced to Rs. 40 each fully paid up. c) The debenture holders took over the stock and book debts in fully satisfaction of the amount due to them. d) Sundry creditors agreed to reduce their claim to Rs. 1,30,000 which was to be satisfied by the issues of 3,250 fully paid shares of Rs. 40 each. e) The goodwill and Profit and Loss A/c to be eliminated. f) Premises to be appreciated by 20% and the machinery to be depreciated by Rs. 30,000. On the basis of above information pass journal entries, prepare capital reduction account and revised balance sheet after reconstruction.
OR
Q.4 B) PQR Ltd. is planning to-lease the asset having total value of Rs. 1,00,000 on rentals of Rs. 35000 p.a. for five years. The following additional information is available. (08 Marks) a) The company has an effective tax rate of 30%. b) The company employs a discounting rate of 16%
You required calculating net cash outflow of the company, if company opts for leasing of asset for five years, considering the above discount rate.
Don’t wait until the last minute to start studying: begin early. You’ll have more time to learn the topic and solve questions, the earlier you start.
Remain arranged: Plan a study schedule and stick to it. Take time to rest and refresh during breaks.
Regularly review your notes: Regularly reviewing back your notes will help you keep the content in your memory.
Practice, practice, practice: By working through sample problems and completing sample tests, you can identify your areas of weakness and become familiar with the exam’s format.
Ask for assistance if you need it: If you’re having trouble with the subject, don’t be shy to ask for assistance. You can seek advice from your teacher, a classmate, or a tutor.
Get a good night’s sleep: The night before the exam, be sure to get lots of rest. A mind that has got enough sleep is better prepared to memorize and recall information.
Arrive early on exam day: Arrive early on the day of the exam to give yourself time to settle your worries and mentally prepare.
Stay focused during the exam: Avoid being distracted during the exam by remaining focused. Take a deep breath and return your attention to the activity at hand if you realize that your mind is roaming.
Don’t waste too much time on any one question: keep an eye on the time. If you start to struggle, leave it and return to it later.
Review your exam after you’re done: After you’re finished, review your paper for a while. By doing this, you’ll be able to correct any mistakes you may have made and provide any answers you’re not sure about.
Maximum Marks: 75 Questions to be Set: 05 Duration: 2 ½ Hrs. All Questions are Compulsory Carrying 15 Marks each.
Question no
Particular
Marks
Q-1
Objective Questions A) Sub Questions to be asked 10 and to be answered any 08 B) Sub Questions to be asked 10 and to be answered any 07 (*Multiple choice / True or False / Match the columns/Fill in the blanks)
15 Marks
Q-2
Q-2
Full Length Question OR Full Length Question
15 Marks
15 Marks
Q-3
Q-3
Full Length Question OR Full Length Question
15 Marks
15 Marks
Q-4
Q-4
Full Length Question OR Full Length Question
15 Marks
15 Marks
Q-5
Q-5
A) Theory questions B) Theory questions OR Short Notes To be asked 05 To be answered 03
08 Marks 07 Marks
15 Marks
SYBAF SEM 4 Foundation Course Paper Pattern
Note: The full-length practical questions of 15 marks may be divided into two sub-questions of 10 Marks each.
Reduces exam stress as candidates can prepare well for the examination if they know the exam pattern.
Suppose a candidate knows in advance the SYBAF Paper pattern. It can help in better preparation analysis as they would have an idea about the questions and topics that would probably come in the final examination.
If a student has completed their revision but wants to analyze the preparation according to each topic, an elaborate exam pattern can come to their rescue.
A candidate will be able to determine the marking scheme of the SYBAF Paper pattern 2023 if they understand the exam pattern.
A SYBAF Paper pattern aspirant will know their strengths and weaknesses when they work according to the exam pattern.
Practicing according to the SYBAF Paper pattern exam pattern will improve the speed and accuracy of the candidate.
