Saturday, April 9, 2016

ICAB Business & Commercial Law Question Analysis Knowledge Level from June 2010 to Dec 2015


ICAB Business & Commercial Law Question Analysis Knowledge Level from June 2010 to Dec 2015



  1. Contract formation
  1. Distinguish between executed and executor consideration. (June-10)(Marks-4)(Page-)
  2. What are the various ways through which a contract is discharged? (June-10)(Marks-4)(Page-)
  3. Match the terms to its definition: (June-10)(Marks-4)(Page-)
    (a) Voidable
    		(i) The contract is valid but the parties cannot be held to its terms
    (b) Unenforceable
    		(ii) Neither party is bound
    (c) Void


    		(iii) The contract is binding unless and until one party chooses to avoid it.
  4. What are the 4 methods of termination of offer? (June-10)(Marks-4)(Page-)
  5. How a proposal would transform into a contract. (June-10)(Marks-4)(Page-)
  6. What are the 4 essentials of a proposal? (June-10)(Marks-4)(Page-)
  7. What is a contract and name 3 essential elements of a Contract? (June-10)(Marks-4)(Page-)
  8. What is a counter offer? (June-10)(Marks-4)(Page-)
  9. “All contracts are agreements but all agreements are not contracts” – explain. (Dec-10) (Marks-6)(Page-)
  10. “A contract caused by mistake is void.” – explain (Dec-10)(Marks-5)(Page-)
  11. “An invitation to offer is not an offer” – elucidate the statement with examples. (Dec-10)(Marks-6)(Page-)
  12. Distinct between void and voidable contracts. (June-11)(Marks-4)(Page-)
  13. Which contracts are declared void by the law? (June-11)(Marks-6)(Page-)
  14. What is consideration of a contract? (June-11)(Marks-3)(Page-)
  15. When an agreement is valid without consideration? (June-11)(Marks-7)(Page-)
  16. Distinguish between contract and agreement. What are the essential elements for a contract to be valid in the eye of law? (Dec-11)(Marks-8+3)(Page-)
  17. What is an ‘offer’ according to the Contract Act 1872? How an offer is revoked? (Dec-11)(Marks-2+4)(Page-)
  18. Distinguish between executed and executory contracts. (Dec-11)(Marks-4)(Page-)
  19. Distinguish between void and voidable contract (June-12)(Marks-6)(Page-)
  20. What are the essential elements of a valid contract? (June-12)(Marks-6)(Page-)
  21. An agreement made without consideration is void. Discuss. (June-12)(Marks-6)(Page-)
  22. “An Agreement enforceable by law is a contract”— explain. (Dec-12)(Marks-7)(Page-)
  23. What do you understand by capacity of parties? Is it essential for a valid contract? (Dec-12)(Marks-5)(Page-)
  24. What is an offer & acceptance? When will an acceptance be valid? (Dec-12)(Marks-6)(Page-)
  25. An agreement without consideration is void. But there are certain exceptions to this. (June-2013)(Marks-5)(Page-)
  26. What are those exceptions? (June-2013)(Marks-5)(Page-)
  27. What are the differences between Void Contract and Voidable Contract? (June-2013)(Marks-5)(Page-)
  28. Describe the cases when consideration or object of a contract becomes unlawful. (June-2013)(Marks-10)(Page-)
  29. “All contracts are agreements but all agreements are not contracts”: ‐ explain. (Dec-13)(Marks-8)(Page-)
  30. Explain the term “sound mind” in the law of contract? (Dec-13)(Marks-7)(Page-)
  31. What are the differences between Contingent Contract and Quasi Contract? (Dec-13)(Marks-6)(Page-)
  32. “An agreement enforceable by law is a contract” – explain. (June-14)(Marks-7)(Page-)
  33. Explain under what circumstances a valid contract becomes a void contract? (June-14)(Marks-6)(Page-)
  34. Define proposal and mention its elements. How can a proposal be revoked? (June-14)(Marks-10)(Page-)
  35. What are the essential elements of a valid contract? (Dec-14)(Marks-8)
  36. Case (Dec-14)(Marks-5)
  37. When does an offer lapse as per provisions of Law of Contract? (Dec-14)(Marks-8)
  38. Case (Dec-14)(Marks-4)
  39. What do you understand by the doctrine of Privity of Contract? Distinguish between contract and agreement. (June-15)(Marks-2+7)(Page-)
  40. Describe the situations when an agreement becomes enforceable. (June-15)(Marks-4)(Page-)
  41. Describe the circumstances when proposal revoked. (June-15)(Marks-7)(Page-)
  42. Case (June-15)(Marks-3)(Page-)
  43. Case (June-15)(Marks-6)(Page-)
  44. Case (June-15)(Marks-4)(Page-)
  45. What is a valid contract? Write the essential elements of a valid contract? (Dec-15)(Marks-3+4)
  46. Case(Dec-15)(Marks-4)
  47. Describe the situations when consideration or object of a contract becomes unlawful. (Dec-15)(Marks-8)
  48. Distinguish between Void Contract and Voidable Contract. In which cases a contract can be void? (Dec-15)(Marks-6)
  49. Case(Dec-15)(Marks-4)


  1. Termination of contract
  1. Point out the various modes by which an agency may be terminated.
  2. State various remedies available to the aggrieved party for a breach of contract. (June-2013)(Marks-10)(Page-)
  3. Describe the contracts which are not required to be performed. (June-2013)(Marks-5)(Page-)

  1. Agency
  1. Identify the four ways in which an agency can arise. (June-10)(Marks-4)(Page-)
  2. Distinguish between Indemnity and Guarantee. (June-10)(Marks-4)(Page-)
  3. Write down 4 rights of a bailee. (June-10)(Marks-4)(Page-)
  4. Mention 4 duties of Agent to Principal. (June-10)(Marks-4)(Page-)
  5. Define bailment and point out its essential elements. (June-11)(Marks-2+8)(Page-)
  6. What is ‘Bailment without Reward’? State the rights of a bailee. (Dec-11)(Marks-2+6)(Page-)
  7. How an agency is created? (Dec-11)(Marks-5)(Page-)
  8. What are the rights of a commercial agent against his principal? (Dec-11)(Marks-4)(Page-)
  9. Who may employ an Agent? Who may be an Agent? (June-12)(Marks-6)(Page-)
  10. Describe briefly the various modes by which an agency may be terminated? (June-12)(Marks-8)(Page-)
  11. Define and distinguish between indemnity and guarantee. (Dec-12)(Marks-10)(Page-)
  12. What is bailment? Classify Bailment. (Dec-12)(Marks-5)(Page-)
  13. Identify the four ways in which an agency can arise. (Dec-12)(Marks-5)(Page-)
  14. Describe the ways how an agency may be terminated. (June-2013)(Marks-5)(Page-)
  15. What is agency by ratification? What are the requisites of a valid ratification? (Dec-13)(Marks-8)(Page-)
  16. Discuss in brief how an agency may be terminated by operation of law? (Dec-13)(Marks-7)(Page-)
  17. Define Bailment? What are the rights of a Bailee? (Dec-13)(Marks-7)(Page-)
  18. Who is mercantile agent? Explain various kinds of mercantile agent. (June-14)(Marks-7)(Page-)
  19. Define and distinguish between indemnity and guarantee. (June-14)(Marks-7)(Page-)
  20. Distinguish between Indemnity and Guarantee. (Dec-14)(Marks-6)(Page)
  21. Describe the responsibilities of the principal and the agent when the relationship is based on commercial activities. (Dec-14)(Marks-8)(Page)
  22. Define condition and warranty under a contract of sale of goods. (Dec-14)(Marks-4)(Page)
  23. Explain the consequences of breach of condition and warranty. (Dec-14)(Marks-6)(Page)
  1. What are the remedies for breach of contract? Write the rights of a bailor and bailee under the contract Act?(Dec-15)(Marks3+4)


  1. Sale of Goods
  1. What are the rights of an unpaid seller of goods under the Sales of Goods Act 1930? (June-10)(Marks-4)(Page-)
  2. Distinguish between a contract of a sale and agreement to sell? (June-10)(Marks-4)(Page-)
  3. Explain the rule of Caveat Emptor. (Dec-10)(Marks-5)(Page-)
  4. “No one can give better title to the goods than he has himself” – Discuss the exceptions. (Dec-10)(Marks-8)(Page-)
  5. Define contract of sale of goods. Mention the essentials of a contract of sale. (Dec-10)(Marks-2+5)(Page-)
  6. Define and distinguish condition and warranties. (Dec-10)(Marks-2+5)(Page-)
  7. Who is unpaid seller and what are his rights under the Sale of Goods Act 1930? (June-11)(Marks-3+5)(Page-)
  8. What is unpaid seller’s lien and how is the unpaid seller’s lien terminated? (June-11)(Marks-3+5)(Page-)
  9. Define the term ‘sale’ and ‘agreement to sell’ and distinguish between these two. (Dec-11)(Marks-6)(Page-)
  10. What are the consequences of breach of condition and warranty? (Dec-11)(Marks-5+2)(Page-)
  11. When the property in goods passes from the seller to the buyer? (Dec-11)(Marks-9)(Page-)
  12. Define sale and agreement to sale. How is a contract of sale made? (June-12)(Marks-8)(Page-)
  13. Explain implied conditions and warranties in contracts for sale of goods. (Dec-12)(Marks-10)(Page-)
  14. Who is unpaid seller? Point out the rights of unpaid seller. (Dec-12)(Marks-6)(Page-)
  15. How is a contract of sale made? Present the basic distinction between sales & an agreement to sell. (Dec-12)(Marks-10)(Page-)
  16. What are the implied conditions by operation of law in contracts for the Sale of Goods? (June-2013)(Marks-7)(Page-)
  17. Describe the general rules as to delivery of goods in accordance with The Sale of Goods Act 1930. (June-2013)(Marks-8)(Page-)
  18. Define contract of sale of goods. Mention the essentials of a contract of sale. (Dec-13)(Marks-8)(Page-)
  19. Explain the rights of an unpaid seller against the buyer. (Dec-13)(Marks-7)(Page-)
  20. What do you understand by the doctrine of Caveat Emptor? What are the exceptions to this doctrine? (June-14)(Marks-8)(Page-)
  21. Distinguish between sale and agreement to sell. (June-14)(Marks-7)(Page-)
  22. What are the implied conditions by operation of law in case of contract for the Sale of Goods? (June-14)(Marks-8)(Page-)
  23. Write short notes on: (June-15)(Marks-3*3=9)(Page-)
  1. Implied terms of contract.
  2. Caveat Emptor Rule
  3. Promissory Notes.
  1. Describe the general rules as to delivery of goods in accordance with The Sale of Goods Act, 1930. (June-15)(Marks-10)(Page-)
  2. What is meant by Stipulation in a sale of Goods contract? Define Warranty?(Dec-15)(Marks-2+2)
  3. What is an unpaid seller’s lien? Mention the different circumstances when a seller is entitled to the lien? How is the unpaid seller’s lien terminated?(Dec-15)(Marks-7)


  1. Partnership
  1. Write down 4 rights of Partners. (June-10)(Marks-4)(Page-)
  2. What are the essential elements of partnership? (June-10)(Marks-4)(Page-)
  3. What are the grounds of dissolution of a Partnership firm? (Dec-10)(Marks-8)(Page-)
  4. Can a minor be admitted to a partnership? If yes, then under what conditions? (Dec-10)(Marks-7)(Page-)
  5. State different types of partnership. (June-11)(Marks-6)(Page-)
  6. What is a partnership deed? State its main contents. (June-11)(Marks-3+7)(Page-)
  7. Write down the rights and duties of a partner in a partnership firm. (Dec-11)(Marks-5+5)(Page-)
  8. Identify five differences between incorporated companies and ordinary partnership. (June-12)(Marks-6)(Page-)
  9. How does dissolution of a firm take place without order of the court? (June-12)(Marks-8)(Page-)
  10. What are the rules for a minor in a firm to become a partner? Discuss their rights and liabilities under partnership Act, 1932. (June-12)(Marks-10)(Page-)
  11. What is partnership? Discuss in short the different classes of partnership. (Dec-12)(Marks-3+5)(Page-)
  12. Point out the main contents of a partnership deed. (June-2013)(Marks-5)(Page-)
  13. Describe the rules regarding rights of an outgoing Partner to carry on competing business. (June-2013)(Marks-5)(Page-)
  14. What are the rules for a minor to become a partner in a firm? Discuss the rights and responsibilities of a minor becoming a partner of a firm under Partnership Act, 1932. (June-2013)(Marks-5)(Page-)
  15. Describe the consequences in case of non‐registration of a Partnership Firm. (Dec-13)(Marks-6)(Page-)
  16. When and how may a partner retire? What restrictions are imposed on a retiring partner? (June-14)(Marks-8)(Page-)
  17. What is partnership deed? (Dec-14)(Marks-3)(Page)
  18. States its main contents.(Dec-14)(Marks-7)(Page)
  19. Case(Dec-14)(Marks-9)(Page) Question-9
  20. What are the differences between Partnership and Co-Ownership. (June-15)(Marks-10)(Page-)
  21. Can a minor be a partner in a firm? State his rights and liabilities on attaining majority if he (a) elects become a partner (b) does not elect to become a partner(June-15)(Marks-10)(Page-)
  22. Loss arising out of partner’s Insolvency can be recouped from whom? What happens to the Authority of a partner to bind a firm after the dissolution of a firm.(Dec-15)(Marks3+4)
  23. What was the decision in Garner Vs Murray case? (Dec-15)(Marks-4)
  24. Case(Dec-15)(Marks-4)


  1. Negotiable Instruments Act
  1. What are 3 prime features of Negotiable Instruments? (June-10)(Marks-4)(Page-)
  2. Who may accept a bill of exchange? (June-10)(Marks-4)(Page-)
  3. What punishments the court may award to the drawer for dishonor of a cheque? (June-10)(Marks-4)(Page-)
  4. Define Negotiable Instrument with 2 conditions to satisfy. (June-10)(Marks-4)(Page-)
  5. What are the essential requisites of a Promissory Note? (June-10)(Marks-4)(Page-)
  6. Define and distinguish between a cheque and bill of exchange. (Dec-10)(Marks-3+4)(Page-)
  7. What is crossing a cheque? What are the various types of crossing? (June-11)(Marks-2+7)(Page-)
  8. What is ‘Acceptance for Honour’? (June-11)(Marks-5)(Page-)
  9. What is ‘Bill of Exchange? What are the essentials of a bill of exchange? (Dec-11)(Marks-2+8)(Page-)
  10. What is presentment? When is the presentment for acceptance of a bill excused? (Dec-11)(Marks-2+4)(Page-)
  11. Distinguish between a bill of exchange and a promissory note. (June-12)(Marks-8)(Page-)
  12. When must a banker dishonor a customer’s cheque? (June-12)(Marks-7)(Page-)
  13. Distinguish between check and bill of exchange. What do you understand by ‘Holder in due course’? (Dec-12)(Marks-10)(Page-)
  14. How a negotiable instrument may be dishonored? What are the duties of a holder of dishonored bill? (June-2013)(Marks-10)(Page-)
  15. What are the essential requisites of a Promissory Note? (Dec-13)(Marks-5)(Page-)
  16. What are the distinctions between Cheques and Bills of Exchange? (Dec-13)(Marks-5)(Page-)
  17. Discuss the rules regarding negotiation of a lost instrument and an instrument obtained by fraud. (June-14)(Marks-8)(Page-)
  18. What is `crossing a cheque’? Discuss various types of crossing? (June-14)(Marks-8)(Page-)
  19. What are the essential requisites of a Promissory Note? (Dec-14)(Marks-5)(Page-)
  20. Explain the circumstances when a banker must refuse payment of his customer’s cheque? (Dec-14)(Marks-10)(Page-)
  21. Discuss the rules regarding negotiation of a lost instrument and an instrument obtained by fraud. (June-15)(Marks-10)(Page-)
  22. Explain the meaning of Negotiable Instruments.(Dec-15)(Marks-4)
  23. Case(Dec-15)(Marks-4)

  1. Bankruptcy law
  1. Who are eligible creditors under Bankruptcy Act 1997? (June-10)(Marks-4)(Page-)
  2. What is order of adjudication? What are the effects of adjudication under the Bankruptcy Act, 1997? (Dec-10)(Marks-3+4)(Page-)
  3. State the disqualifications of an undercharged bankrupt. Which properties are ‘exempted property’ under the Bankruptcy Act, 1997? (Dec-10)(Marks-4+4)(Page-)
  4. Point out the disqualifications of an undercharged bankrupt. (June-11)(Marks-5)(Page-)
  5. Which acts of a debtor cause him to be a bankrupt? (Dec-11)(Marks-8)(Page-)
  6. Explain the object of the law of bankruptcy? (June-12)(Marks-3)(Page-)
  7. Against whom bankruptcy proceedings may be and may not be initiated? (June-12)(Marks-7) (Page-)
  8. Which acts are considered as act of bankruptcy? Against whom can a bankruptcy proceeding be initiated? (Dec-12)(Marks-6+4)(Page-)
  9. Point out the conditions for filing plaint by creditors and debtors. (June-2013)(Marks-10)(Page-)
  10. Describe the cases which are considered as “Acts of Bankruptcy”. (Dec-13)(Marks-10)(Page-)
  11. What do you understand by “protected Transactions” in case of bankruptcy? (Dec-13)(Marks-6)(Page-)
  12. Describe the properties which are exempted from the proceedings of Bankruptcy. (June-14)(Marks-8)(Page-)
  13. Describe the cases which are considered as “Acts of Bankruptcy”. (Dec-14)(Marks-7)(Page-)
  14. What do you understand by “protected Transactions” in case of bankruptcy? (June-15)(Marks-8)(Page-)
  15. What do you understand by Bankruptcy? Write the purposes of the law of Bankrupptcy? Who may or may not be adjudged as Bankrupt? (Dec-15)(Marks-2+2+5)(Page-)

  1. Arbitration Law
  1. Name 3 matters that cannot be referred to Arbitration. (June-10)(Marks-4)(Page-)
  2. What are the effects of an Arbitration Agreement? (June-10)(Marks-4)(Page-)
  3. What is an arbitral award? Is it bindings on both parties? (June-10)(Marks-4)(Page-)
  4. What are those matters cannot be referred to Arbitration? (Dec-10)(Marks-6)(Page-)
  5. Define a promissory note. What are its essential elements? (June-11)(Marks-2+8)(Page-)
  6. What do you mean by an ‘award’? What are the grounds on which the court can modify or correct an award? (June-11)(Marks-3+6)(Page-)
  7. Point out the duties of an arbitrator. (Dec-11)(Marks-6)(Page-)
  8. What is an Arbitration agreement? What are the essential elements of an Arbitration agreement? (June-12)(Marks-8) (Page-)
  9. What are the modes of Arbitration? What do you mean by ‘remitting the award’? (Dec-12)(Marks-3+4)(Page-)
  10. Who can refer dispute to arbitration? What matters can and what matters cannot be referred to arbitration? (June-2013)(Marks-10)(Page-)
  11. What do you mean by an `award’? What are the grounds on which the court can modify or correct an award? (Dec-13)(Marks-10)(Page-)
  12. State the rights and duties of Arbitrators. (June-14)(Marks-8)(Page-)
  13. Who can refer dispute to arbitration? What matters can and what matters cannot be referred to arbitration? (Dec-14)(Marks-10)(Page-)
  14. What is arbitration agreement? Describe the general responsibilities of the arbitral tribunal? (June-15)(Marks-10)(Page-)
  15. What is arbitration? Are there any advantages of arbitration? Can you arbitrate a dispute when there is no arbitration clause in the relevant agreement? (Dec-15)(Marks-2+2+3)(Page-)
  16. What is difference between arbitration and litigation? (Dec-15)(Marks-3)(Page-)

Others
  1. What is pledge? State the rights and duties of Pawnee. (Dec-10)(Marks-2+5)(Page-)
  2. What do you understand by ‘Nothing’? What is its content? (June-12)(Marks-6)(Page-)
  3. Write short notes on: a) Continuing Guarantee b) Foreign Instruments c) Partnership Property (Dec-15)(Marks-3*3=9)


Posted by at 11:53 AM 0 comments

ICAB Business and Finance Question Analysis Knowledge Level from June 2010 to Dec 2015




ICAB Accounting Question Analysis Knowledge Level frBusiness and Financeom June 2010 to Dec 2015







  1. Introduction to business
  1. How Key Performance Indicators (KPI’s) are used to measure the performance of an organization. (Dec-15)(marks-4)(manual page-16)
  2. How would you define an organization? (Dec-13)(marks-5)(manual page-4)
  3. What do organizations have in common and how do organizations differ? (Dec-13)(marks-5)(manual page-5)
  4. What are KPIs? What should be the KPI of an Industrial unit? (Dec-13)(marks-5)(manual page-16)
  5. Define a not‐for‐profit organization. (june-10)(marks-3)(manual page-7)
  6. Is the ICAB a not‐for‐profit organization? (june-10)(marks-2)(manual page-7)
  7. Define organizational goals. (june-10)(marks-3)(manual page-13)
  8. Most organizations establish quantifiable operational goals. Give reasons why non‐operational goals might still be important. (june-10)(marks-5)(manual page-13)

  1. Managing a business
  1. When a manager delegates authority and responsibility for a task, they also delegate full accountability. Do you agree? Explain (Dec-15)(marks-3)(manual page-29)
  2. What are the functions of human resource management (HRM)? Describe the four Cs model of HRM (Dec-15)(marks-8)(manual page-42)
  3. Describe the delegation of authority and responsibility? (june-15) (marks-3)(manual page-28,53)
  4. What are the problems of poor delegation? (june-15) (marks-7)(manual page-53)
  5. Explain the term ‘hierarchy of need’ as described by Adraham Maslow. (Dec-14) (Mark-3) (manual page-47)
  6. Describe the theory of X and Y by Mc Gregor. (Dec-14) (Mark-3) (manual page-46)
  7. Explain about the 4 P’s marketing mix. . (Dec-14) (Mark-4) (manual page-37)
  8. Explain Likert’s four Leadership style and identify the best one with justification. (june-14) (marks-4)(manual page-41)
  9. What is an organizational structure? What are the building blocks in an organizational structure? (Dec-13) (marks-5) (manual page-62,63)
  10. What is the hierarchy of needs suggested by Abraham Maslow for an individual’s motivation? (Dec-13)(marks-5)(manual page-47)
  11. How can the management use the model while designing an employee evaluation system? 5 (Dec-13)(marks-5)(manual page-48)
  12. What is marketing mix? (Dec-12) (marks-2) (manual page-36)
  13. Describe the various components (known as four ‘P’s) of marketing mix. (Dec-12) (marks-6) (manual page-37)
  14. What is Human Resource Management? (june-12)(marks-3)(manual page-41)
  15. Describe the different approaches of Human Resource Management. (june-12)(marks-7)(manual page-41)
  16. Describe different leadership styles. (june-12)(marks-6)(manual page-51)
  17. Define motivation. (Dec-11) (marks-3) (manual page-47)
  18. Discuss the hierarchy of needs suggested by Abraham Maslow that drives an individual’s motivation. (Dec-11) (marks-7) (manual page-47)
  19. What is the hierarchy of needs suggested by Abraham Maslow for an individual’s motivation? (june-10)(marks-5)(manual page-47)
  20. How management can use the model while designing an employee evaluation system? (june-10)(marks-3)(manual page-48)

  1. Organizational structure and business forms
  1. What are centralization and decentralization in the context of organizational management? (Dec-11) (marks-5) (manual page-71)
  2. What factors affect the amount of decentralization in a business? (Dec-11) (marks-5) (manual page-71)
  3. What is span of control in Management? Narrate the factors influence the span of control in an organization. (Dec-10) (marks-2+4) (manual page-73)

  1. Introduction to business strategy
  1. Explain the term `Supply Chain Management’-SCM process. (Dec-15)(marks-6)(manual page-119)
  2. What is ‘Strategic Management’ process? (June-15) (Marks-5) (Page-97)
  3. What are the economic factors affecting a business environment as described in PESTEL analysis? (june-15) (marks-4)(manual page-105)
  4. What is supply chain management (SCM)? (Dec-14)(Mark-5) (Page-119)
  5. Explain different stage of product life cycle. (Dec-14)(Mark-5) (Page-120)
  6. What do you understand by the term strategic planning process? (june-14)(marks-4)(manual page-100)
  7. What are the different stages of strategic planning? What are the benefits and drawback of strategic management in the corporate world? (june-14)(marks-6)(manual page-99,100)
  8. Explain about different stages of product life cycle. 5 (Dec-13)(marks-5)(manual page-119)
  9. You have developed an idea to set up a publishing house for the student of CA profession. Advise how external environmental factors might affect a publishing business using PESTEL analysis. (Dec-13)(marks-5)(manual page-105)
  10. What is strategic management? (Dec-13)(marks-5)(manual page-98)
  11. What are the benefits of strategic management? (Dec-13)(marks-5)(manual page-99)
  12. Define span of control. (Dec-13)(marks-3)(manual page-73)
  13. What factors influence the span of control in a business? (Dec-13)(marks-7)(manual page-73)
  14. Define product life cycle. (june-13)(marks-3)(manual page-119)
  15. Discuss the various stages of the product life cycle. (june-13)(marks-7)(manual page-120)
  16. Describe the various stages of product life cycle. (Dec-12) (marks-5) (manual page-120)
  17. What is the difference between risk and uncertainty? (Dec-12) (marks-5) (manual page-146)
  18. What is strategic management? (june-12)(marks-3)(manual page-98)
  19. Describe the benefits and drawbacks of strategic management planning. (june-12)(marks-5)(manual page-99)
  20. Explain why SWOT analysis is important for corporate appraisal process. (june-12)(marks-5)(manual page-123)
  21. What is strategic management? Define different levels of strategy. (june-11)(marks-6)(manual page-96,98)
  22. What are the benefits and drawbacks of strategic management and planning? (june-11)(marks-4)(manual page-99)
  23. Explain why SWOT analysis is important for corporate appraisal process. (Dec-10) (marks-5) (manual page-123)
  24. What is Gap analysis? How does this help management in setting future strategies? (Dec-10) (marks-5) (manual page-130)
  25. Define strategic management. What are the different levels of strategy? (june-10)(marks-3)(manual page-96,98)
  26. What is corporate strategy? (june-10)(marks-3)(manual page-97)
  27. How economic environment like inflation, interest rates, tax levels, Government spending etc. influence business decisions. (june-10)(marks-4)(manual page-108)
  28. Explain about different stages of product life cycle. (june-10)(marks-50)(manual page-119)
  29. You have developed an idea to set up a publishing house for the students of CA profession. Advise how external environmental factors affect publishing business using PESTEL analysis. (june-10)(marks-5)(manual page-105)

  1. Introduction to risk management
  1. What is risk management? Write the elements of the risk management process. (June-15)(Mark-5) (Page-153, 155)
  2. Define business risk. (Dec-14)(Mark-3) (Page-150)
  3. Why risk identification is important as one of the means of risk management process? (Dec-14)(Mark-3) (Page-155)
  4. Distinguish between risk assessment and risk measurement. (Dec-14)(Mark-4) (Page-156)
  5. Describe the different approaches of crisis management. (june-12)(marks-7)(manual page-158)
  6. Define risk. How does it differ from uncertainty? (Dec-11) (marks-4) (manual page-146)
  7. What risks are usually faced by business? (Dec-11) (marks-6) (manual page-148)
  8. Define Risk and Uncertainty. (june-11)(marks-3)(manual page-146)
  9. What are upside and downside risks? (june-11)(marks-2)(manual page-147)
  10. What is business risk management? (june-11)(marks-2)(manual page-153)
  11. When is risk management necessary? 4 (june-11)(marks-4)(manual page-153)
  12. How does business risk management work? (june-11)(marks-4)(manual page- )
  13. Define crisis management and what are the different types of business crisis. (Dec-10) (marks-2+3) (manual page-158)
  14. How business crisis can be addressed. (Dec-10) (marks-5) (manual page-159)
  15. How would you explain risk and uncertainty? 3 (june-10)(marks-3)(manual page-146)
  16. What are the various types of financial risks? 3 (june-10)(marks-3)(manual page-151)
  17. How the risks can be avoided or minimized? 4 (june-10)(marks-4)(manual page-157)


Math Question
  1. June-2015 (4-b)
  2. June-2011 (1-c)

  1. Introduction to financial information
  1. Why do business and managers need financial information? (Dec-12) (marks-4) (manual page-170)
  2. Describe the qualities of good financial information. (Dec-12) (marks-7) (manual page-172)
  3. What measures should be taken to ensure the security of information? (Dec-12) (marks-7) (manual page-179)
  4. What is the difference between data and information? (Dec-12) (marks-2) (manual page-173)

  1. The business finance function
  1. Differentiate between independent projects and mutually exclusive projects. (Dec-15) (marks-3) (manual page-)
  2. What important information is conveyed by the margin of safety calculation in CVP analysis? (Dec-15)(marks-5)(manual page-)
  3. What is budgetary control? (Dec-14)(Mark-3) (Page-see MI)
  4. What is discounted cash flow? (Dec-14)(Mark-3) (Page- see MI)
  5. What is a master budget? Why do successful companies tend to use the bottom-up approach to establish a master budget? (june-14)(marks-5)(manual page-207)
  6. How do companies use the budgeted income statement to improve operations? 5(june-14)(marks-5)(manual page- )
  7. What do you understand by Cost Volume Profit (CVP) analysis? (Dec-13) (marks-3) (manual page-202)
  8. What is break-even point? (june-13)(marks-2)(manual page-203)
  9. What is Zero Based Budgeting? Is there any difference between Flexible vs. Rolling budget? (june-13)(marks-5)(manual page- )
  10. Define payback period. (june-13)(marks-3)(manual page-)
  11. What do you understand by Cost Volume Profit (CVP) analysis? (Dec-10) (marks-5) (manual page-202)


Math Question
  1. Dec-2015 (9-b)
  2. June-2015 (6-b)
  3. Dec-2014 (2-b, 3-b)
  4. June-2014 (5-a)
  5. June-2014 (9-b)
  6. Dec-2013 (3-b)
  7. June-2013 (1-b)
  8. June-2013 (4-b)
  9. June-2013 (5-b)
  10. Dec-2011 (7)
  11. June-2011 (7)
  12. Dec-2010 (4)
  13. Dec-2010 (5-b)

  1. Measuring performance
  1. What role does the cost of capital play in the firm’s long-term investment decisions? (Dec-15) (marks-5) (manual page-246)
  1. Write the objectives of measuring a business’ performance. Who uses performance measures? (June-2015) (Marks-5) (Page- 224)
  2. What is balanced scorecard? Explain its different perspectives. (June-2015) (Marks-5) (Page- 244)
  3. If a company uses the same cost of capital for evaluating all projects, which result is likely? (June-2015) (Marks-3) (Page- suggested answer-4.a)
  4. What financial ratios are used to measure the liquidity position of a business? (Dec-11) (marks-2) (manual page-234)
  5. What are the usual solutions to the liquidity problems in business? (Dec-11) (marks-3) (manual page-234)
  6. Who uses financial performance measures and why? (Dec-11) (marks-4) (manual page-224)
  7. Define balanced scorecard. (june-11)(marks-2)(manual page-244)
  8. What is economic value added? How can we calculate EVA? (june-10)(marks-3)(manual page-246)
  9. How can we get the followings? (june-10) (marks-10) (manual page-234)
i) Inventory turnover ratio; ii) Return on capital employed; iii) Current ratio
Iv) Quick ratio; v) Debt Equity ratio; vi) Gearing ratio; vii) Interest cover and
viii) Asset turnover


Math Question
  1. Dec-2015 (5-b)
  2. June-2015 (4-b)
  3. Dec-2014 (9)
  4. Dec-2013 (7)
  5. June-2013 (2)
  6. Dec-2012 (2-a)
  7. Dec-2012 (4)
  8. June-2012 (6)
  9. Dec-2011 (2-c)
  10. Dec-2011 (9-b)
  11. June-2011 (3-b)
  12. June-2011 (6)
  13. Dec-2010 (2)
  14. June-2010 (1-b)
  15. June-2010 (4-a,b)

  1. Working capital and treasury management
  1. What is accounts receivable factoring? (Dec-15)(marks-3)(manual page-270)
  2. What is the purpose of the EOQ model? What are the costs associated with holding inventory? (June-2015) (Marks-5) (page-264)
  3. Describe the function of treasury management. (june-15) (marks-3)(manual page-272 and suggested answer)
  4. What is receivable management? How organizations control its receivables? (Dec-14)(Mark-3) (Page-267)
  5. Describe Economic Order Quantity as one of the system of Inventory control. (june-14)(marks-3)(manual page-265)
  6. What should be the aim of good cash management? (june-13)(marks-3)(manual page-273)
  7. What are the various costs associated with holding inventory? (june-12)(marks-4)(manual page-264)
  8. What is cash operating cycle and what should be the ideal level of trade receivables? Discuss in brief. (june-12)(marks-6)(manual page-267)
  9. Explain what do you understand by Accounts Receivable Management? (Dec-11) (marks-4) (manual page-267)
  10. What is Economic Order Quantity (EOQ)? (june-10)(marks-3)(manual page-265)

Math Question
  1. Dec-2015 (3-b)
  2. Dec-2015 (8)
  3. June-2015 (5-b)
  4. June-2015 (3-b)
  5. June-2015 (9) (page-258)
  6. Dec-2014 (4-b)
  7. June-2014 (5-b)
  8. June-2014 (8-b)
  9. Dec-2013 (6-b)
  10. June-2013 (3-b)
  11. Dec-2012 (2-b)
  12. June-2012 (1-b)
  13. June-2012 (9)
  14. Dec-2011 (3)
  15. Dec-2011 (10-b)
  16. June-2011 (5)
  17. Dec-2010 (6)
  18. June-2010 (2-b)
  19. June-2010 (12-b)

  1. The professional accountant
  1. What is meant by professional behavior of the professional accountants? (june-13)(marks-5)(manual page-298)
  2. Discuss the various threats to professional principles. (june-13)(marks-5)(manual page-299)

  1. Structure and regulation of the accountancy profession

  1. Governance and ethics
  1. What are business ethics? (Dec-15)(marks-4)(manual page-345)
  2. Write down the acceptable ethical practices in business? (Dec-15)(marks-6)(manual page-345)
  3. Describe business ethics in brief. How can an ethical culture be promoted? (june-15)(marks-5)(manual page-345)
  4. Describe the standard common practice of business ethics. (june-14)(marks-4)(manual page-345)
  5. What is Corporate Governance? (june-14)(marks-5)(manual page-333)
  6. What are business ethics? What are the main functions of code of ethics? (june-13)(marks-5)(manual page-345,346)
  7. What should a company have in mind relating to the objectives of code of ethics? (june-13)(marks-5)(manual page-346)
  8. Define business ethics. (Dec-12) (marks-4) (manual page-345)
  9. What are the acceptable minimum business ethics? (Dec-12) (marks-5) (manual page-345)
  10. What is Corporate Governance and why is Corporate Governance system required? (june-12)(marks-5)(manual page-334)
  11. What is good practice in corporate governance? (Dec-11) (marks-4) (manual page-337)
  12. Give examples of at least 5 key elements that support good corporate governance. (Dec-11) (marks-6) (manual page-337)
  13. What is Corporate Governance? (june-11)(marks-4)(manual page-333)
  14. 9. What is corporate governance? What are the objectives of corporate governance? (Dec-10) (marks- 3+3) (manual page-323)
  15. What are the contents of the code of Corporate Governance? (june-10)(marks-6)(manual page-359)

  1. Corporate governance
  1. Describe internal control? What constitutes a sound system of internal control? (June-15)(Mark-5) (Page-366)
  2. What is internal control? (Dec-14)(Mark-4) (Page-366)
  3. Distinguish between the responsibility of Board of Directors and Management of the company with regards to maintaining effective internal control. (Dec-14)(Mark-6) (Page-466 and suggested answer)
  4. How can the corporate business world ensure ethical leadership from the Board of Directors? (june-14)(marks-6)(manual page-359)
  5. What are the functions of Audit Committee? (june-14)(marks-5)(manual page-361)
  6. Write in brief the constitution of Audit committee in an organization. (june-14)(marks-5)(manual page-361)
  7. Explain about the code of corporate governance. (june-13)(marks-4)(manual page-358)
  8. What are the important points that need to be covered in the Directors’ Report to
Shareholders prepared under section 184 of Companies Act, 1994? (June-13)(Marks-6)(Manual page-360)
  1. Describe the following as per provisions of Corporate Governance guidelines as issued by the Securities & Exchange Commission of Bangladesh: (june-12)(marks-7+3)(manual page-)
i) Constitution of Board Audit Committee and its roles and responsibilities;
ii) Services restricted in the company for its statutory auditors.
  1. Describe the essential requirements of Audit Committee as advised by the SEC vide circular ref.SEC/CMRRCD/2006‐158/Admin/02‐06 to comply with corporate governance. (june-11)(marks-6)(manual page-361)
  2. What is cash operating cycle? (june-10)(marks-3)(manual page-261)

  1. The economic environment of business and finance
  1. Differentiate between price elasticity of demand and price elasticity of supply. (Dec-15)(Mark-5) (Page-391,396)
  2. What is the theory of cross elasticity of demand? (Dec-14)(Mark-4) (Page-395)
  3. Write the theory of price elasticity of demand. (june-14)(marks-3)(manual page-391)
  4. What factors influence the supply? (Dec-12) (marks-3) (manual page-387)
  5. Define equilibrium price and describe the factors that influence supply. (Dec-12) (marks-8) (manual page-387,388)
  6. What is price elasticity of demand? Write the effects when demand inelasticity of a product is above zero. (Dec-12) (marks-10) (manual page-391,393)

Math Question
  1. Dec-2014 (7-b)
  2. June-2014 (7-b)
  3. Dec-2010 (7)

  1. External regulation of business
  1. Why was Sarbanes-Oxley Act passed? (Dec-15)(marks-3)(manual page-422)
  2. Discuss the economic advantages of international free trade. (june-12)(marks-5)(manual page-425)
  3. What do you understand by the term “Insider trading of a listed company’s shares”. (june-11)(marks-4)(manual page-421)
  4. What is market abuse? (june-11)(marks-3)(manual page-421)
  5. What is fraudulent trading of an insolvent company? (june-11)(marks-3)(manual page-421)
  6. Why was the Sarbanes‐Oxley Act passed? (june-11)(marks-5)(manual page-422)
  7. 11. State the economic advantages of International Fare Trade. (Dec-10) (marks-8) (manual page-425)

  1. Other
  1. What is cost of capital? (june-14)(marks-2)(manual page-)
  2. Define corporate responsibility for financial reports. (june-11)(marks-5)(manual page-)

Math Question
  1. June-2014(3-b)

  1. Short note
  1. Direct cost. (Dec-12) (marks-2) (manual page-200)
  2. Internal Control. (Dec-12) (marks-2) (manual page-366)
  3. Economic Value Addition. (Dec-12) (marks-2) (manual page-245)
  4. Duopoly. (Dec-12) (marks-2) (manual page-399)
  5. Write short notes on Risk management(june-12)(marks-3)(manual page-153)
  6. Corporate social responsibility(june-12)(marks-3)(manual page-345)
  7. Controllable cost. (june-12)(marks-3)(manual page-201)
  8. Span of control (Dec-11) (marks-2.5) (manual page-73)
  9. Economic Value Addition (EVA) (Dec-11) (marks-2.5) (manual page-245)
  10. Return on Capital employed (ROCE) (Dec-11) (marks-2.5) (manual page-231)
  11. Internal control. (Dec-11) (marks-2.5) (manual page-399)
  12. Management information system (MIS) (Dec-10) (marks-2) (manual page-177)
  13. Balanced scorecard (Dec-10) (marks-2) (manual page-244)
  14. Perpetual inventory methods (Dec-10) (marks-2) (manual page-266)
  15. Basic trade-off: cost of holding vs. cost of running out of cash (Dec-10) (marks-2) (manual page-272)
  16. Fiduciary relationship (Dec-10) (marks-2) (manual page-276)
Others:
  1. If a company uses the same cost of capital for evaluating all projects, which result is likely? (June-15) (marks-3) (Suggested page-30).


Posted by at 11:49 AM 0 comments
Subscribe to: Posts (Atom)