M.Com Entrance Exam Question Paper

Can you provide me the previous year question paper of M.Com Entrance Exam question papers of CU CET (Central Universities Common Entrance Test)?

[Quick Sam]

The previous year question paper of M.Com Entrance Exam question papers of CU CET (Central Universities Common Entrance Test) is as follows:

1. According to which of the following accounting concepts, even the proprietor of a business is treated as creditor to the extent of his capital
a) money measurement concept
b) cost concept
c) dual aspect concept
d) separate entity concept

2. According to money measurement concept, which of the following will be recorded in the books of the accounts?
a) extra profits made due to introduction of budgetary control system
b) quality control in business
c) commission payable to salesman
d) hardworking nature of employees

3. Cartage paid on the purchase of new machine is debited to
a) Cartage a/c
b) Profit and loss account
c) Machine account
d) Trading account

4. Which method of depreciation has been especially designed to provide funds for replacement of assets?
a) Depreciation at replacement price
b) Straight line method
c) Depletion method
d) Depreciation fund method

5. Which of the following is not correct?
a) Purchases + Opening stock – Cost of goods sold = Closing stock
b) Opening stock + Purchases – Closing stock = Cost of goods sold
c) Closing stock + Cost of goods sold – Purchases = Opening stock
d) Cost of goods sold – Closing stock – Purchases = Opening stock

6. A, B and C share profits and losses in the ratio of 6:5:3. D is admitted into the partnership for 1/8th share. The sacrificing ratio will be
a) 6:5:3
b) 5/14 : 4/14 : 3/14
c) As per Partnership Act
d) Equal

7. X Ltd. forfeited 20 shares of Rs. 10 each, Rs. 7 called up, on which John had paid application and allotment money of Rs. 5 per share. Of these, 15 shares were reissued to Parker as fully paid up for Rs. 6 per shares. What amount should be transferred to Capital Reserve Account?
a) Rs. 15
b) Rs. 20
c) Rs. 75
d) Rs. 100

8. Accounting Standards-6 (AS-6) is related to
a) Accounting for disclosure of accounting policies
b) Depreciation accounting
c) Cash flow statement
d) Revenue recognition

9. Partnership Deed provide for a salary of Rs. 10,000 per month to partner X. if x withdraws only Rs. 5,000 in a month, the remaining Rs. 5,000 is
a) Credited to profit and loss (adjustment) account
b) Credited to current account of partner X
c) Credited to salary payable account
d) Debited to capital account of partner X

10. The maximum marginal rate of tax under the Income Tax Act, 1961, for an individual is:
a) 50 %
b) 40 %
c) 30 %
d) 20 %

Section-B
11. Which of the following is not the quantitative technique of credit control?
a) Bank Rate
b) Open Market Operation
c) Moral Suasion and Publicity
d) Cash Reserve Ratio

12. The Reserve Bank of India Act was passed in:
a) 1930
b) 1934
c) 1949
d) 1956

13. The principle of caveat emptor protect the:
a) Buyer
b) Seller
c) Creditor
d) Debtors

14. A contract with a minor is:
a) Voidable
b) Void
c) Valid
d) Illegal

15. Which of the following is not related to a private company?
a) Restriction on transfer of share
b) Issue of Prospectus
c) Limitation of Membership
d) Annual General Meeting

16. Functional organisation was propounded by:
a) Henri Fayol
b) Peter F. Drucker
c) F.W. Tayler
d) Theo Haiman

17. Unity of Direction means:
a) Receiving order from one supervisor only
b) One head one plan
c) Chain of supervisors
d) Centralisation

18. The minimum member of members for partnership is
a) 2
b) 5
c) 7
d) 10

19. Foreign trade includes:
a) Exporting
b) Importing
c) Re-exporting
d) Exporting and importing both

20. In India, who has authority to amend the Companies Act:
a) Company Law Board
b) Parliament
c) State Assembly
d) Ministry of law and company affairs

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Hi buddy here i am searching for Delhi university M.Com Entrance Exam Question Paper for its exam preparation so will you plz let me know from where i can do collect it ??

[sumit]

As you are asking for Delhi university M.Com Entrance Exam Question Paper , so on your demand i am providing same here :

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DU MCom
Topic:- DU_J18_MCOM_Topic01
If the probability of A is 0.5 and the probability of B is 0.2 and the probability of the union of A and
B is 0.7, then : [Question ID = 30693]
1. A and B are dependent [Option ID = 62766]
2. A and B are independent [Option ID = 62764]
3. A and B are mutually exclusive [Option ID = 62765]
4. A and B do have an intersection [Option ID = 62767]
Correct Answer :-
A and B are mutually exclusive [Option ID = 62765]
If the quantity of the commodity demanded remains unchanged as its price changes, the
coefficient of price elasticity of demand is [Question ID = 30672]
1. Equal to 1 [Option ID = 62681]
2. Zero [Option ID = 62683]
3. Greater than 1 [Option ID = 62680]
4. Smaller than 1 [Option ID = 62682]
Correct Answer :-
Zero [Option ID = 62683]
If the demand function for an article is p=35-2x-x2 and the demand X0 is 3, then consumer surplus
will be [Question ID = 30700]
1. 57 [Option ID = 62795]
2. 47 [Option ID = 62794]
3. 37 [Option ID = 62792]
4. 27 [Option ID = 62793]
Correct Answer :-
27 [Option ID = 62793]
If the third moment about mean is zero then distribution is [Question ID = 30691]
1. Positively skewed [Option ID = 62756]
2. Mesokurtic [Option ID = 62758]
3. Negatively skewed [Option ID = 62757]
4. Symmetrical [Option ID = 62759]
Correct Answer :-
Symmetrical [Option ID = 62759]
Which of the following statements is correct -
6)
7)
8)
9)
[Question ID = 30686]
1. Mean is not affected by extreme values [Option ID = 62736]
2. Mode is affected by extreme values [Option ID = 62738]
3. None of these [Option ID = 62739]
4. Median divides the data into two equal parts [Option ID = 62737]
Correct Answer :-
Median divides the data into two equal parts [Option ID = 62737]
Which of the following are not true for a bank reconciliation statement
(i) Part of double entry system
(ii) Not Part of double entry system
(iii) Sent by the firm to the bank
(iv) Posted to the ledger account
[Question ID = 30720]
1. (ii) (iii) and (iv) [Option ID = 62875]
2. (i) and (ii) [Option ID = 62874]
3. (i) (iii) and (iv) [Option ID = 62873]
4. (i) (ii) and (iv) [Option ID = 62872]
Correct Answer :-
(i) (iii) and (iv) [Option ID = 62873]
Which of the following is a trade deficit
[Question ID = 30679]
1. Saving ˂ investment [Option ID = 62710]
2. Exports ˂ imports [Option ID = 62708]
3. Net exports ˂ 0 [Option ID = 62709]
4. All of these [Option ID = 62711]
Correct Answer :-
All of these [Option ID = 62711]
Which of the following changes would not shift the demand curve for a good or service?
[Question ID = 30662]
1. a change in the price of the good or service [Option ID = 62641]
2. a change in the price of a related good or service. [Option ID = 62643]
3. a change in income [Option ID = 62640]
4. a change in expectations about the future price of the good or service [Option ID = 62642]

Delhi university M.Com Entrance Exam Question Paper

Can you provide me the previous year question paper of M.Com Entrance Exam question papers of CUCET (Central Universities Common Entrance Test) ?

M.com entrance exam of Pune University, previous year question paper with solutions please