ASSIGNMENTS M.Com – 3rd Semester Subject Name: Management Accounting Subject code: MCC 304 Spring Drive 2013 4 credits (60 marks) (BKID: B1611) Answer the following questions. Each question carries 10 marks. 1. What are the various factors that affect the pricing of a product? 10 marks (Answers for 10 mark questions should not exceed more than 400 words.) 2. What are the steps involved in rational decision making? 10 marks (Answers for 10 mark questions should not exceed more than 400 words.) 3. What are the limitations of the opportunity cost approach? 10 marks (Answers for 10 mark questions should not exceed more than 400 words.) 4. Explain the concept of social cost benefit. 10 marks (Answers for 10 mark questions should not exceed more than 400 words.) 5. Companies in India have felt the strong impact of globalization more than many other countries. Do you agree with this statement? Give reasons to support your answer. 10 marks (Answers for 10 mark questions should not exceed more than 400 words.) 6. From the following information of Steel India Ltd. for the year ended 31st March, 2011, prepare their Social Balance Sheet as on that date: 10 marks (i) A specialist has valued their human assets at Rs.828 lakhs. (ii) Their investments were classified as:
(Rs. in lakhs) Residential Hospital School Welfare Buildings 17.00 1.00 1.40 0.80 Equipments 2.80 1.00 1.00 (i) Water, electricity and gas supply systems totalled Rs.1 lakh. (ii) Their Net owned funds were Rs. 26 lakhs.