B.Com Sem 6 Question Paper Answers and Solutions

Advanced Accountancy

Preparation of Consolidated Balance Sheet of a Holding Company and its 70-80% owned Subsidiary Company with pre/post acquisition profits, minority interest, capital reserve/goodwill, and unrealized profit on stock (guaranteed 15-20 mark question); Accounting Standard 2 (Valuation of Inventories: cost formulas and lower of cost or NRV); Accounting Standard 9 (Revenue Recognition conditions for sale of goods and rendering of services).

International Trade and Finance

David Ricardo's Comparative Cost Advantage Theory with a complete 2-country 2-commodity numerical matrix demonstrating pre-trade and post-trade output gains; Balance of Payments (BOP) — distinction between Current Account and Capital Account, causes of persistent deficit, and corrective monetary/fiscal measures; Letter of Credit (L/C) transaction workflow between importer, exporter, issuing bank, and advising bank.

Business Ethics & Governance

Corporate Social Responsibility (CSR) under Section 135 of Companies Act 2013 — exact applicability thresholds, committee composition, 2% calculation rule, and Schedule VII permissible activities; SEBI LODR Corporate Governance requirements for Board of Directors and Independent Directors; Whistleblower policy mechanism.

E-Commerce

Comparison of E-Commerce business models (B2B, B2C, C2C) with real-world corporate examples; Electronic Payment Systems (UPI, Payment Gateways, Mobile Wallets) security mechanisms; Key provisions of Information Technology Act 2000 regarding digital signatures and cyber offenses.