EIILM UNIVERSITY‚ SIKKIM TERM END EXAMINATION‚ SEPETEMBER-2012 EXECUTIVE MBA (1 SEM/ 1YEAR) MARKETING MANAGEMENT Time: 3 hours M.Marks:60 Note: - All questions are compulsory. All questions carry equal marks. 1- The market in large town catering to the needs of villages and towns is known as----- a) Local marketb. c) Regional marketc. b) National marketd d) Global market 2- Objective of -------concept is profit through customer satisfactiona
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MBA-101: Business Environment Answer any three questions. Each question carries 10 marks each: 1. Explain the internal and external elements of environment effecting business. OR What is technology? Explain the impact of technology on business 2. Explain the impact of Globalization‚ Privatization & Liberalization on Indian economy. OR What is Multi National Enterprises? Explain their role in India. 3. Explain the importance Small Scale Industries. Explain the problems
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MNGT-511 FINAL EXAM (Total points 100) Name: Rebecca Malandrino Chapter 7 1) Which of the following types of inventory usually is not held by a manufacturing business? (3P) C) Merchandise inventory 2) The following information was taken from the 2007 income statement of Cobra Company: Pretax income‚ $12‚000; Total operating expenses‚ $20‚000; Sales revenue‚ $120‚000. Compute cost of goods sold. (5P) A) $88‚000 (120‚000 – 20‚000 – 12‚000) 12‚000 (pre-tax income) + 20‚000 (operating
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facility to a larger location to support expanding sales. The shareholder meeting ended with a decision to meet during late March to review the performance of the company and study the projected financial statements for 1992. To prepare for the meeting‚ when Alexander decided to review the expected financial statements for the year ending December 31‚ 1992 he observed that the net income was very attractive – increasing by over 400%. However‚ he realised the amount of short term debt reflecting in
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Inventory Cost of Goods Sold $40‚000 $16‚000 $20‚000 $50‚000 Inventory Turnover 12) handling of incoming checks oversight of the internal control systems 2.78 Control activities Monitoring 13) An Audit Opinion is an evaluation of the company’s financial statements performed by an independent accountant or auditor. 14) Credit Sales Allowance for Doubtful Accounts Estimated Uncollectibles $235‚000 $7‚250 7% Estimated Uncollectible Accounts $16‚450 15) Bestway‚ Inc. Credit Sales Allowance for
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INTRODUCTION In 1975 the Corporate Report was published‚ this was the outcome from the Accounting Standards Steering Committee’s wide ranging discussion paper and in part considered the usefulness of financial statements (Dunn‚ April 2002) discusses that to meet their basic objective financial statements must be useful; and the information relevant and reliable. Information will have relevance if it influences the decisions of the users. Relevance and reliability are primary characteristics relating
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CURRICULUM I TO IV SEMESTERS (FULL TIME) MASTER OF BUSINESS ADMINISTRATION (MBA) SEMESTER – I Code No. | Course Title | L | T | P | C | BA9101 | Statistics for Management | 3 | 1 | 0 | 4 | BA9102 | Economic Analysis for Business | 4 | 0 | 0 | 4 | BA9103 | Total Quality Management | 3 | 0 | 0 | 3 | BA9104 | Organizational Behaviour | 3 | 0 | 0 | 3 | BA9105 | Communication Skills | 3 | 0 | 0 | 3 | BA9106 | Accounting for Management | 3 | 1 | 0 | 4 | BA9107 | Legal Aspects of Business
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Financial statements are a necessity when it comes to businesses. They are used by both internal managers as well as outside users and provide information about the entire company. Managerial accounting is primarily used by individuals within a company or organization. The main purpose of financial accounting is to prepare financial reports that provide information about an organization’s performance to external parties like creditors‚ investors and tax authorities (Hilton‚ 2006). There are several
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7101AFE Financial Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 1 2015 TUTORIAL 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements‚ would you have developed a positive theory or a normative theory? The first of all‚ it is important to understand the mean by a ‘theory’. According to Contemporary
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Michigan university | Is It Fair to Blame Fair Value Accounting for the Financial Crisis? | By Robert C. Pozen | | Luma Raha | 10/12/2011 | The article from the Harvard Business Review‚ "Is it Fair to Blame Fair Value Accounting for the Financial Crisis?" ‚ author Robert Pozen stipulates that the fair value accounting principles did not cause the financial crisis of 2008‚ but certainly aggravated it by common misconceptions about accounting standards. The article defines mark-to-market
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