I Series OSS I Roll No. "UB-;t. I I

Code No. 202 ｭｾＮ＠

Candidates must write the Code on

the title page of the answer-book.

tRramlT <Pls em ｾＭｾｒ､｣｢ｬ＠ $ ｾＭｬｰｏ＠Ｇｃｒｾｾｉ＠

• Please check that this question paper contains 6 printed pages. • Code number given on the right hand side of the question paper should be

written on the title page of the answer-book by the candidate. • Please check that this question paper contains 18 questions.

• Please write down the Serial Number of the question before attempting it.

• 15 minutes time has been allotted to read this question paper. The question paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the student will read the question paper only and will not write any answer on the answer script during this period.

• ｾ＠ ｾ＠ qj\ B ｾ＠ ｾ＠ ｾＭｾ＠ # ｾ＠ ｾ＠ 6 ｾ＠ I

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• ｾ＠ ｾ＠ qj\ B ｾ＠ ｾ＠ ｾＭｾ＠ # 18 ｾ＠ ｾ＠ I

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• ｾ＠ ｾＭｾ＠ cit ｾ＠ ｾ＠ ｾ＠ 15 fi:Rz CfiT ｾ＠ ｾ＠ 7TC1T ｾ＠ I ｾＭｾ＠ CfiT ｾ＠ ｾ＠

# 1o.15 ｾ＠ M ｾ＠ 1 1o.15 ｾ＠ -B 1o.3o ｾ＠ (1cfi ｾ＠ m ｾＭｾ＠ CllT ｾ＠

am: ｾ＠ ｾ＠ ｾ＠ ｾ＠ ｾ＠ ｾＭｾ＠ lR ｾ＠ ｾ＠ -;@ ｾ＠ 1

ELEMENTS OF COST ACCOUNTING AND-AUDITING (Theory)

C1 Fll(f M& ja;;:w <5 CffiJ aTk 3i'a;atuT Ｈｾｴ｡Ｚｉｐｦｬ｣ｴ＾Ｉ＠

Time allowed : 3 hours Maximum Marks: 60

ｾＳＯｱ［Ｚ＠ 60

202 1 P.T.O.

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ｅ｢､｡･ｮｬｾ＠ of Cost Accounting ｾＦｩ｣･［ＮＬ＠ $ cncr

i \1. What is meant by abnonaal· idle ｴｩｾ･＠ ?

\ ＳｈｩｬＧｬｬｾ＠ ｃｦｬｬｬｦｾＢＧｬ＠ ｾ＠ qjf cp.rr 31'ff. t ? I '

t What do you understand by •Wloeation of overheads' ?

' I ! '

\ Ｓ ｾ＠ State four components of ｾ＠ Sheet.

"ffiTRf fcmuT * ｾ＠ ｾ＠ qiT '

. \ I

,, .'\

rj, State giving reasons whether the following statements are tr . :or.

false : I

' ' (i) Prime cost is more tban"l'.lre fact&ry cost.

(ii) Factory cost is less th _.' ·· _: ·. ｾ＠ of production.

"CfiRUT ｾ＠ ｾ Ｍ ｾ＠ fcfi f.p:;tf{1retd . Ｍ ｾ＠ .- ｾ＠ • ｾ＠ ｾ＠ :

(i) ｾ＠ m'm, q;JH9111 m1ffi ｾ ［＠ .. . ｾ＠ t I . ._ ..

(ii) Cfll<ruJHI ｾＧ＠ ､ＨＨｬｬｾＢＧＧ＠ ｾ＠ ｾ ＭＭ ｾ＠ t I

State any two ｰｾｳ･ｾ＠ of Cost 'Sheet.

ｾ＠ \ ｾｦ｣Ｎｲ｣ｒｵｲＪｾｾｾｾｬ ﾷ＠

···:!- a\ I Factory cost of an ｾ＠ il} .. Bs. 2,700. Factory overheads are 40% of

·, .. ｟ｾ［＠ • \ \ factory cost. Calculate the prlme cost and factory overheads. 'If \ ! ｾ＠

·:;-:! \ 'Q','Cfl ｾ＠ ctl' Cfll®lt:tl ｾ＠ 2,7p0 "'· t 1. Cfil<€11<11 34R&Ilf, Cfi1H9HI ｾ＠ qjf 4<1%

"t; \ ｾ＠ I ｾ＠ 'ffi1ffi • <f;fttiRI !<tf\:h!fq ｦｴｍｩＱｦｾｴｴ＠ I I ' I

'· \Explain briefly time_ booking and .state any two advantages of ti -

. \keeping. \ I .

ＱＮ ｾ＠ ｾ＠ <tt ｾ＠ ｾ＠ ｾ＠ .,,, .. ＺＡＧＢＧｾ＠I I \ ' I I

' '

2

. . -· '

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ﾷｾ＠ .

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8. What is meant by 'time wage' and 'piece-meal' systems of wage payment ? State any two points of difference between the two systems of wage payment. 4

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ｾ＠ ? ｾ＠ ｾ＠ Cfit Gf.Tf qos:mlf'i ifi ｾ＠ em G! ar-m ｾ＠

9. Prepare Cost Sheet from the following items :

(i) Raw material purchased Rs. 25,000

(ii) Wages paid Rs. 10,000

(iii) Fuel expenses Rs. 3,000

(iv) Packing charges Rs. 1,000

(v) Salaries of office staff Rs. 4,000

(vi) Commission_ on Sales Rs. 2,000

(vii) Printing and stationery Rs. 1,500

(viii) Opening and closing stock of raw material Rs. 5,000 and Rs. 2,000

ｦＮｬＸｦｾｦ＼ＹＨＱ＠ ｾ＠ ｾ＠ ｾ＠ fcmuT ｾ＠

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(viii)

ｾ＠ 1ffi1 q)f ｾ＠ 25,000 ｾＮ＠

ｾ＠ CfiT ｾ＠ 10,000 ｾ Ｎ＠

ｾＧｴｒ＠ CfiT ｾ＠ 3,000 ｾＭ

ｾ＠ ｾ＠ ＱＬＰＰＰｾＮ＠

Cfilllf("lll ｾ＠ CfiT ｾ＠ 4,000 ｾＮ＠

fcrn;?:r 1R ｃｦｬＴＱｾｈ＠ 2,000 ｾＮ＠

w:rrt ｾ＠ ｾＭｭｭｦｴ＠ ｾ＠ 1,500 ｾＮ＠

ｾ＠ 1ffi1 CfiT ｾ＠ am: 31R;q" ｾ＠ 5,000 ｾＮ＠ am: 2,000 ｾＮ＠

4

202 3 P.T.O.

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· tribute the following costs ｩｮｾ･､＠ in ·· a . r 'duction departments. A, B and. C · : . .

. ' factory . among thre.e ｲｾＡ ｾ＠ ﾷｾｾ＠

') Rent Rs. 6,000 Lighting Rs. 2;800 Supervision Bs .. 2.000 Depreciation Rs. 4,000 Ｎｾ＠

itional information :

Departments

B

300

6 _. 4

her of workers 20 :. 12

ＱＸＬｾ＠ . . 12,000

c 200

4

8

10,000

ｾＮ＠ ＬＺＺｾＧｾＴ＠

•'

at is meant by 'absorption of . : .. · s' ? Explain briefly any two · ·· thods of absorption of facto._,--'' · · · .. · · .

ｩＦｩ｢ｒＺｲｲｮｾ＠ ｾ＠ q;) ｾ＠ CfliU914 ｾ＠ . : .:; ｾＬ｟ＮＺＬ ｾａＬ＠ B ｾ＠ C -q ｾ＠ :

·.'i, !' Ｍｾ＠ ;· .

. _r:):t_ ' l

ｾ＠ ＶＬＰＰＰｾＮ＠

ｾＲＬＸＰＰ Ｍ ｾＮ＠

f.roaJuT 2, 000 ｾＮ＠

ｾ＠ 4,000 ｾＮ＠ｾＶＭ［Ｚｲ＠ ｾＺ＠

l . f: f Ｍ ｾＺｮＦｭ＠

. ｾＨ＠

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ﾷ Ｎｾﾷ＠ ·; " ｾ＠ ｾＮ＠

Ｚｾ ａ＠:.:. ...

000

6

20

fcr¥wr

B

300

4

12

c 200

4

8

18,000 12,000 Ｍｾﾷ＠ ﾷ ｾ Ｎ ｾＭＭＭＭＭＭＭＭＭＭＭＭＭＭＭＭＭＭｾｾＭＭＭＭｾＭＭＭＭＭＭｾＭＱＭｯ｟Ｌｯ｟ｯｯｾ＠ｾ＠ "· ·..:

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4

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..· . .. ﾷＬｾ＠..

•· ·. ｾＢ＾ｾﾷＮ＠

ＬＧＷｾ＠ｾ＠

t: ;··· Ｏｩｾｾｾ＠ :lit-

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Auditing

ｾ｡Ｚｲｯｴ＠

11. State any four duties of a company auditor.

ｾ＠ ｾ＠ ｾ＠ fcfi;:@ 'qR ｾ＠ en) ｾ＠ I

12. Give any three features you would like to include in your Audit Report

2

after auditing the accounts of Delhi Sports Club. 3

｣ｮＩＭｻｾｾｾ｡ｮＣｾＬ＠ ｾｾｾｾｾｭｱｪｦｾ｣ｭＭｴ＠

qJG 3W1 31tRT ｾ＠ ftt:ITi "ij ｾ＠ cWr I

13. State the qualifications of an auditor as provided in the Companies Act, 1956. 3

ｾ＠ ＳｬｦｾＬ＠ 1956 if) ｾ＠ ｾ＠ ｾ＠ ｾ＠ ｾ＠ qiT ｣ｦｬｈｈＧｬｬｾ＠ ｾ＠ I

14. State any three contents of Audit Report.

ｾ＠ ftt:ITi "ij ｾ＠ ｾ＠ cnB ｾ＠ ｾ＠ ｻＱｾ＠ en) ft;r@

15. Define vouching. Explain briefly the relevance of evidence in vouching transactions.

wnuH ctt ｾ＠ ft;r@

ｦｴＴｾＱｾｑ＾＠ I

3

3

16. What is an Audit Report ? State any two purposes of audit report. 4

ｾ＠ ftt:ITi CFIT ｾ＠ ? ｾ＠ ftt:ITi ｾ＠ en)-{ Gl ｾ＠ ｾ＠ I

17. What steps would you take in vouching the following items ?

(Answer for any two items)

(i) Interest paid

(ii) Sale of furniture

(iii) Credit purchase

(iv) Telephone expenses

(v) Loan paid

202 5

6

P.T.O.

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I •• I I '

" • ＮﾷﾷﾷＮ ｾ＠ -qey ｾ＠ Ｍ ﾷ ｾ＠ 311'1 ＢＧＢｾ ｾﾷ ｾ＠ ? (f.RY if} -qey ｾ＠ tW{ 3<R ｾＩ＠

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Ｇ Ｈｩ ｾ ｬ ｾｱ［ｲｾ ｬＮ＠ ' ' .

Ｈｾ ﾷ＠ ｾＢＢｾ ﾷ＠ . -

<1> ｾｾ＠

r :::: ｾＬ Ｌ＠I I

.. ﾷＭ ｾｩｬｬｦｩＧ･＠ the documents you would ｾ＠ a& an auditor of a company for ｾＭｩｦｩｾ＾｡ｴｩｯｮ＠ of the following items Ｈｾ ｾ ｡ｮｳｷ･ｲ＠ for any three items) :

Raw· material

Goodwill

ＨＴ ｾ＠ Capital

(i ) ! Cash balance i :

ＨｾＩ＠ : Creditors I

('?) 1 Rent outstanding i I

;

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; ｾＭ ·(ij) ! ｾ＠ｾﾷ＠ - I ｾ＠

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Ｈﾷｾ＠ｾ ｴ＠

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