Mgt101 Assignment-2 solution

1: Prepare a Bank Reconciliation Statement of XYZ Company of Mr. A as on 31st March. 2010 from the particulars given below:

1. Balance as per pass book Rs.50,000

2. Insurance premium of Rs.1,500 was directly paid by the bank for which there is no

record in the cash book.

3. Interest of Rs.700 is credited by the bank in the pass book which is not recorded in

the cash book

4. Cheques for a total amount of Rs.20,000 were deposited into the bank in March but

a cheque for Rs.2,500 out of them was credited in April.

5. A cheque of Rs.6,500 was deposited into the bank in March but in April the cheque

was returned by the bank as dishonored.

6. A cheque or Rs.5,000 was issued in March but it was not presented to the bank in

the same month.

7. A customer paid into the bank Rs.300 directly as appeared in the pass book but not

in the cash book.

8. Interest Rs.1000 credited by bank but not recorded in cash book

XYZ Company.

Balance as per Bank Statement

As on 31 March 2010

1. Balance as per pass book	50,000
2. Insurance Premium paid by Bank	(1,500)
3. Interest credited by bank	700
4. Unaccredited cheque	(2,500)
5. Cheque dishonored	(6,500)
6. Unpresented cheques	5,000
7. Customer directly paid amount	300
8. Interest credited by bank	1,000
Balance Statement as per Bank	Cr 46,500

Question 2: ABC Limited Co. bought an asset costing Rs.10,000 on 1st January.  The company depreciates fixed assets @10 p.a. The asset is disposed off at the  end of 4th year at Rs.6,100.

Required:

1. Prepare the fixed asset schedule showing the columns of Years, Cost, Depreciation charges, Accumulated depreciation and Written down value for four years by using  Diminishing balance method.

2. Calculate the profit or loss on the disposal of fixed asset under Diminishing balance  method.

Solution

Year	Cost of Asset (Rs)	Depreciation (Rs)	Accumulated Depreciation (Rs)	Written Down Value – WDV (Rs)
Year # 1	10,000	Rs 10,000 x 10% x 6/12 = Rs 500	Rs 500	Rs 9,500
Year # 2		Rs 9,500 x 10% = Rs 950	Rs 1,450	Rs 8,550
Year # 3		Rs 8,550 x 10% = Rs 855	Rs 2,305	Rs 7,695
Year # 4		Rs 7,695 x 10% = Rs 769.50	Rs 3074.50	Rs 6,925.50

MGT301 GDB Solution

If you are working as a marketing manager in a multinational mobile manufacturing company and your company wants to introduce a new brand of mobile. What factors you will consider while setting your pricing strategy?Discuss any three factors which may affect your price-decision?

 

Solution:-
Being marketing manager for mobile company, the factors which I will consider for pricing will be costs, competition and organizational considerations.Further, Three factors which may affect my price decision will be as follows:
 

a) Costs:Costs have to be calculated backwards from the target price which the consumer is ready to pay for the proposed mobile. Therefore, cost is definitely a consideration when the product has to be priced to meet the desired target as we cannot put the target price which cannot cover the costs at minimum.
 

b) Competition:Growing number of mobile manufacturers around the world are posting a threat. Therefore to survive, one has to be competitive both in pricing as well as in product offered. These days, high priced mobiles are no longer a privilege for customer.
 

c) Organizational considerations:Growing competition is now forcing the company to keep some room open for further negotiations and special packages that can be offered. For example these days, we may offer mobile phones with free mobile connections by making liaison with mobile connection providers. This act will give both of us a new customer. Their cost for a SIM card will be minimum but they will have the revenue generated from the usage of their connection. We will be able to sell our product with an additional item i.e. the SIM card which if purchased separately will have its own cost to be borne by consumer.

Acc311 GDB Solution

Following are the techniques of audit testing: 

Inspection
Observation
Inquiry
Confirmation
Computation
Analytical review
If an Auditor studies significant ratios and compares financial information with prior periods and investigates unusual fluctuations, his technique of audit testing will fall into which of the above given techniques?
 

Answer:-

Analytical review

MGT201 Solution

a) What do you require the return on your stock?

Beta = 0.6

Risk free rate = 10%

Risk premium = 5%

Required rate of return =?

rA = rRF + (rM – rRF) βA

= 10% + (5%)*.6

= 13%

b) Comment whether you will still hold the stock, if the market return is 15%?

rM = 15%

rA = rRF + (rM – rRF) βA

= 10% + (15% - 10%).6

= 13%

stock is less risky then market so I will hold the stock

CS507 Solved Quiz

Question # 1 of 10 ( Start time: 01:10:31 PM )  Total Marks: 1

Which of the following may lead management and customers to believe that the final product is almost ready for delivery? 

Select correct option:  

1.       Mockups

2.       Efficient models

3.       Malfunctioning prototypes

4.       Working prototypes            Page No. 101

Question # 2 of 10 ( Start time: 01:10:31 PM )  Total Marks: 1 

Which of the following phase involves converting design specifications into executable programs? 

Select correct option:  

1.       Prototyping

2.       Configuration

3.       Development    Page No. 92

4.       Testing

 Question # 3 of 10 ( Start time: 01:11:54 PM )  Total Marks: 1 

Which of the following model can lead to scope creep due to user feedback after each phase? 

Select correct option: 

1.       Iterative               Page No. 96

2.       XP

3.       Rapid prototyping

4.       Waterfall

Question # 4 of 10 ( Start time: 01:12:20 PM )  Total Marks: 1 

A problem solving technique that decomposes a system into its component pieces for the purpose of studying, how well those component parts work and interact to accomplish their purpose can be one of the definitions of System development. 

Select correct option:  

1.       True          Page No. 102

2.       False

Question # 5 of 10 ( Start time: 01:13:05 PM )  Total Marks: 1 

Which of the following model places emphasis on documentation? 

Select correct option:  

1.       Waterfall            Page No. 93

2.       Spiral

3.       Incremental

4.       Rapid prototyping

 Question # 6 of 10 ( Start time: 01:13:27 PM )  Total Marks: 1 

Which of the following provides a structured means of addressing the impact of technologies on an organization? 

Select correct option:  

1.       Business planning

2.       IT planning    Page No. 67

3.       Requirements planning

4.       Configuration planning

Question # 7 of 10 ( Start time: 01:14:01 PM )  Total Marks: 1 

Which of the following enunciate business goals and the actions that need to be initiated to achieve those goals including related benefits, resources and timeframes? 

Select correct option:  

1.       Organizing

2.       Monitoring

3.       Plans                 Page No. 67

4.       Implementation

Question # 8 of 10 ( Start time: 01:14:48 PM )  Total Marks: 1 

In which of the following model, working functionality is produced earlier. 

Select correct option:  

1.       Waterfall

2.       Iterative

3.       Incremental   Page No. 95

4.       Spiral 

Question # 9 of 10 ( Start time: 01:16:20 PM )  Total Marks: 1 

Which of the following model is preferred for its simplicity and more disciplined approach? 

Select correct option:  

1.       Incremental

2.       Waterfall    Page No. 93

3.       Spiral

4.       Iterative 

Question # 10 of 10 ( Start time: 01:17:24 PM )  Total Marks: 1 

Apart from the value to cost ratio, modules are also selected on the basis of ___________requirements and needs. 

Select correct option:  

1.       programmer

2.       designer

3.       customer           Page No. 95

4.       system analyst

Question # 1 of 10 ( Start time: 01:45:02 PM )  Total Marks: 1 

Which of the following involves converting the informational, functional and network requirements idenfiied during the initiation and planning phases into unified design specifications? 

Select correct option:  

1.       SRS

2.       System design     Page No. 86

3.       Database design

4.       Prototyping

Question # 2 of 10 ( Start time: 01:45:58 PM )  Total Marks: 1 

Which of the following defines the operations of the system in layman’s terms? 

Select correct option:  

1.       User manual      Page No. 92

2.       Technical manual

3.       Procedural manual

4.       Testing manual

Question # 3 of 10 ( Start time: 01:46:29 PM )  Total Marks: 1 

In ____________ model, software is constructed step by step in the same way a building is constructed. 

Select correct option: 

1.       Spiral

2.       Incremental         Page No. 79

3.       Extreme programming

4.       Waterfall

Question # 4 of 10 ( Start time: 01:46:54 PM )  Total Marks: 1 

Trying to fit people and organizations into information systems has been major reason for ____________. 

Select correct option:  

1.       success

2.       efficiency

3.       increased productivity

4.       failure         Page No. 86

Question # 5 of 10 ( Start time: 01:47:19 PM )  Total Marks: 1 

Prototypes are used in: 

Select correct option:  

1.       Iterative models    Page No. 79

2.       Incremental models

3.       Waterfall models

4.       Extreme programming

Question # 6 of 10 ( Start time: 01:48:14 PM )  Total Marks: 1 

_________ provide a direction and framework for action while __________ planning is an accepted responsibility of management. 

Select correct option:  

1.       Businesses, plan  

2.       Plans, quality

3.       Configuration, system

4.       Plans, business                 Page No. 77

 Question # 7 of 10 ( Start time: 01:49:30 PM )  Total Marks: 1 

Which of the following model is the earliest one? 

Select correct option:  

1.       Waterfall         Page No. 84

2.       Rapid prototyping

3.       Extreme programming

4.       Spiral

Question # 8 of 10 ( Start time: 01:50:58 PM )  Total Marks: 1 

Data updates in master file will automatically update the data in the whole system, refers to data ______________. 

Select correct option:  

1.       analysis

2.       accessibility

3.       integrity

4.       consistency   Page No. 102

Question # 9 of 10 ( Start time: 01:51:45 PM )  Total Marks: 1 

In which of the following models, the development approach is based on producing deliverables frequently/ repetitively. 

Select correct option:  

1.       Incremental

2.       Waterfall

3.       Iterative    Page No. 86

4.       XP

Question # 10 of 10 ( Start time: 01:52:22 PM )  Total Marks: 1 

Which of the following may lead management and customers to believe that the final product is almost ready for delivery? 

Select correct option:  

1.       Mockups

2.       Efficient models

3.       Malfunctioning prototypes

4.       Working prototypes  Page No. 101