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Institute of Chartered Secretaries of Bangladesh (ICSB) level 2 questions
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Direct and Indirect Tax Laws
Business communication
Cost and management accounting

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Question scaned by nasir cs 2722

  1. 1. a INSTITUTE OF CIIAiIERED Sf,CN.ETAruES OI BAr'ICLADISH INTTRMEDT TE EXAMINATION - JI]LY 2013 LEVEL.I! 202 DIR'ECI A.ND INDIRXCT TAX LAWS Torrlhrrk':100 boot should be a.d Jor eoct p/. Diideht pdB 4 th. wt. quatiah nui ba dsv*ed k .re etoQ i4 td.t otseq@4 a PART.A DTRECT .TAX LAT'S Mr{RKS - 50 (A.sE ,rzz qrcnio6 including 4!dri,' 'ar') r Mr KhonislneGcn.rdlMinrg.rofxLimired.uchadtheiollowingincom..ndbeieu$duringthe finlncialr{2012-lli !) Bsic slhly T1.80,000 p.m.; b) F6riv.l Bonus.quivilent b o molth s baic silsry. O He 8s govid.d wnh &cohnodilion feilii, at r .on.e$ion'l rate of Tk I 0,000 P n The .mpsy prid Tld5,00O p.d. for lh. p'mis! pdid.d b Mr' Kh5 d) He @tibltd lfl. of his bsic elary to rlrc rmsnizld P{videnr fund. Eqlal lmotm w conribured hy rc cdployor. .) H. w Dovitl.d *irh fullrihe suspon feility by $e anplny Thc comptt) had ro pal Tk.E,om p.m. 6 lnc dnwr's shry .nd Id,000 I m. 6 rrcl con, l) H. @iv; m.di€l allovmG ofTl.?,500 p.m. Hc spcni a roial rmolnt ofTk.30 000 during tha y& for di. m.dicol trahett (&lf, wifc lnd chlldrcn) s) H. 'eilcd T1,63,000 (n.t of lq) s dividdd fom . DibUclv riscd @nptnt H. rko re*iv.d Tk.16,000 (net ofh) a iftEn on FDR dd sB Aaounr' h) During lllc iicode y@ he t@ived Tk 30,ooo b.ing his ponion ol the el. prcceeds ot McoltoEl@D Dndued i. bis pacnai 9mpcny i, H:6 indiddi;*hr.d *irh d unEsidcEd pdhcuhip fim T* 200000 wa rpponion'd ro him 6hkshd. olprcfir in rhc pann*ship ,r He d rbumnc.;Emium muntins to r.J000o r8prni I nos or hf' pol''Gs p'tuinsg ro ' hi';iG sd 2 &Fnd-t sns nrbblidutcdvdtu.oltbGpohc'6RTk1J0000 k) Hc dolLd Tl,!0,000 to Ans0ni! Misiot C'ncer Hospilll. tL al$ purchdcd Baisladcsh ssch.v. Pdr wonh T[ 75,ooo lr Ti. .;b*, d.d( kd Tr' aO.OOO 6 h d euc Im h' , ,hry' H' tl$ prd n 25 000 6 b Compulc lhc tobl i.ooFe ud n.t d liabilitv of Mr' (n{ for tlre rclovatr 6se$mht vet | 3 r) Who e quird ro filc t.x dtu? b; wlEt isrhciimo limitfot filinsLxEbmbvassssothcrthan conpanv? In rhatcirclmiatres a revi*d Erutn c$ b. submin d? c) Lis |h.dmn.nc @uiEd fo' rilinsofrpp€lb ("$. ApP<Utt' lo'ni commi*ioncrol fuA' $. Apt lld. .loid binmhsions of I d6 rd $. C.nmsvo-d of Td's 'ApPalr' dd r r l the r*.iiD@llat rribun,l. (7+4+t =16 rr Sbr. lh. nm6 ol .uthoda b dcdld b dd t s 6b: $dof 'n dpet of ri' fd fo' ' ;hf.*ioul ot hhnLll *r'cei (ir 'n(omc of J@rns rd Ioruardmg !goa: liii *pon ;ccca or bir.*a ana o'.' $monL: md I n ' .'pon 6h sub{d) b, ilnds qh!.ircu'|lfuc u css.tg k R4uftn b p.t 'dde bl tlow ' p€Gon sho ha nol ' ;; Gs*s.d DdioNly should D.v .dm; d? Ho* !dmc' b is onpured sd p'id? "r wl';t""".*.lr--irriat"wwitorciteNonraikroplvad'aicctrx? (3+6+21=16 L
  2. 2. D6cdb. ry ldr of .h. following ir El.do 10 Inmc Td OdiMe, t98,4 (oar la'4: f) Admifid li.bility. (4 x a) -16 IPeeczl (1+4+r0) =t8 a PART-A INDIRECT TAX L^WS M]RXS- 5l' (Answs $y rha qu6rio6 jncludinq q@io, na2.) r. d) wh.t c'Ptuhlblt d Go.dr for lnpoir' und.r $e Curoms Acr, 1 969? b) whlr e "tur Dr.ilbL" undd SctioD lSofIheCunomsA.! 1969? c) HBC L.'1, ir. @mn.rci.l inpond dd t d.. ol m&hin.ry ilcns, Th. codpany ha inpon.d . consilnmeni oa nrchineri.s thlt e Miting for d@ in Chitu8oi8 Pon and ha nrnd.d ov.r impon deun.Itl to irs C&P fuln! On lh. bssn ofcodnercial invoic€, Custohs althoriry hd !rs5.n !alU. Tl 45q000. Tfi. m@hinc cs a(r.ct duri6 i.c. CuioDs Duly (CD) @2%, v.l* Add.d Tg (vaT) @ls% Dd AdM@ Tnd. vAT (Ary) @496, Advde lD@m. Tli @5% .lc. a p.r cldmi duli.c $h.duh. You {c lo @nrider all Fl.vmr dulict +plicabl. at impon !6g. for cBroms rs$mdi It lcadEci c.lql&b6l lrc imhding.ll d!.i6 d |rc opplioblc.r impon sllge- 2. DitT.Mtilt. bdt en lh. lollorings und.r thc plris of vA l Act & Rul.sr !) VAT R.baIc dd DUV DB* Bictj b) Bdd Ow/PDptidr dd Conhd MouhdoeE c) Rogilt tion fd vAT ed Tonoq T'! d) Tndin3 vAT ar lix.d v.l* additi@ &d Aqt!.1 bais ralu..dditon. 3. !) P.clfic Tndlla Cd mC) b . tadq of leally ddurdtuFrt podrcts. PTC p@hacd . pEducr !tT!t! I50 including 15% vAT ! l rs b ell it ar acfi0l wlu. addirio. of 2e4. PTC &dc pricll..1u.1vdE dnion.nd prys vAT @ I5%. A!9JiEC i) Whd d VAT-ablc taluc &d VAT lnounr for scllinA rhc pbducr on rh. bais of pri€ it *nrt e lh. m;ous oprionr for plyilg vAT fd r @d.? iii) Ertl.in TEd. Dislnr under rh. p!di* ofVAT Acr. b) Whil n $. prco.durc for supply and dirposl ofwallso or by poducrs writ Clon nol6 (.,q/.u, ofih. fotlowins: .) or.|E d!a!.xi6; f) vAT d.drctioD .l $urcq (4xa) =16 (6+t+l+4)-16 THE END
  3. 3. / INSTTTUTE OF CHARTERED SACRET RIOS OF BANCLADf, SH INf ERMEDIATE EXAMINA'I'ION - JANUARY 10I3 LEVEL.II '02 DIRECTANO INDIRECIIAX LAWS Nai.: *patute wq b@t should be redJor @h p4. Dllerent pais ofth. tuft qt ttM ma be N4.d k de prae tn otd.r ofeqw. PART.A DIRECT TAX LAWS MARKS - s0 (AtrM rrr.. qudiN inclDdina {dnMa, ) L Wnt shon ndB d thc followhg in rclaton to Inconc Tix OdtMncc, 1934 c) N@-6iiLnt &se: d) Tas Ap!.lht Tnblml 2 Arsw.r th. folloring queslions i) who i! b p.y dl HN & you cl6si8 Tarpaydl b) wlo dd *hcn b $bmt @m r:d rhcrc? c) Hos 'lo yo c.ldllc p@hy lo @o{bmision oa duh? d) tlow do yd .ppar wn n yo ed 4gnovcd 1a Fyot 3. AI*cr tb. following quesdoa: $ .) CElttv ofrk. 1,20,000 6 @iv€d in Sepranb.., 201I by Mr M .le3, su6orof Mr R rg.d 52 ysa rno dj.i on ,!lt 15, 201 l. k n laubL? b) Mr. Y m w$ng 6 ! cw ndbcr d d Buebd6hi lhip in foEtg' v&u dlnng rhe ya endcd D.combd 31, 2012. dE shop did nor louch dy Bdahd.shi coas! cx.cpt for l3O l|lrs Sraic th. Giddihl *atus Mr. Y for de ssdsnotu dd tax.bilty of nis shry c) Mr z sol s.mplormcrt in MrlarEia dudns the '€t 20101I H! bn for M.b$i! @ ruly 29, 2010. ti. G . Ba4lad6tj Citian. Da.'njn. hit Biddii.l star$ forllo AY 201 l_12. O Sbrc witn lt&6, *hethq de foltouina sbMcnB c te o falsc: Mr. x (FCS) h emplotcd in Lon Saftty tnd Lld as Cohpry Sccrcbry. Il'e snual ncnb.Ehip f4 ofMi. X s pald by Lio Salety Ind Ld. n nor a p{quisile od h.ne not clDrg6bLbd. (4 x a) =i6 .l Mt, SM (*!d 3J), l$ dood on a busiic$ du;ng rhc yer cndci Dccnbd 31. 201l fic panicula of Proft & b$ Acdnt m givcn bolow: Ploft & t!$ A.dnr fdr dc yar ddcd DsFbq 31, 201 I !!t!clsl !& ltdld:E frll3.73.1t0 31,500 12.600 Don rion ro PM i R.liclFud 22,000 GGPDfr 12.000 Fofit o.3rl. of6idc@ 3,500 Disllowcd bad d.bls fcol.red 7.500 InteEt fom God. l@nn6 (ne1) 5,500 Divid.rd froh FG Aulo Lid 2.500 tnodc fm b€rk lnc'61 (116) 7.500 Sundry@oipb 10,000 1!!"t!
  4. 4. IPasc-4 i G.ncal dp6B imlud. Tk 1,500 Fid 6 MDcneim pad ro d otd cmDloye *ho sc rdniutcd. FN sdia m @idcGd deEincnr.! b busics inrd A $h oaTt. 6,000 bcing c6l of ! mall @lirc also includ.d in gdedl cxpoDses. One-lhir{ ofnobr s dF6* ws for Emd.l u* R6.@ for 6|nto 16 EplME a rttMd of el6 r.x unds dispur. D.peici@ i5 fotd ro t in G by T[ 50Oa pcr I'@-rar Rur6 Acnd iMa 4 fo 20l{).l | @ Tt.lX00O. fEft d slo of Gidc@ .cp@tu longiern qDiial gais mnpulcd in rhc prcscnbcd ll)dcr. Ta hc ben dcdlclod at sor@ ftom fic Cort. S.curiries al l0% FG turo LrlL is a lb&d @pey. Hr E.trd idd6t mdnring to Tk 4,000 e mncys lor ro his fiiunds, vhid wrc nd rcfle:lcd Conplt rot l ircme dd a liability of Mr SM proviron l a9cmctu fin l? c) Nue firc roin dmncnB $ar e rcquired !o b. srbn'hed sith rhe aill of Enn-y for d..@e of ihponcd goods D6dibc M! sdiErn r d subjd io VAT d sre. $ftd is da djtr ro@ ba6 .r6pd@ .rd @tu? PART.B INDIRECI lAJ{ LAWS MARKS - 50 (Ar!*er my ,l/.. qu6rions includineIuettio, no.2l Wt ! do yo @dasnd by p@i.io.al .!lMt und6 $c Cu5lom Ad 1969? In wta domh..s pDvisorEr ss4@nl n pdnit dl Whar n thc t'6. lini lo makc l3 AiMe thr,t thc A$6eblc 4lue o{: pEiucl for Cus1lhs dury is Tk 1000 C.roh& do ddit ofc4rons duty, vAT SD and ATV frm the following: !p vAI 4Ir 4r{ 3f/, ISoA 5'/, 4y" Q+z+ rttf"a'a= ta SD 14+2+12- tA 3 .) Wnat C hpur rd 'o@dii inlho VATsysrehlwhy ir is inpodi? b) Wric th. rinc limn by shich irDul crdjt of inpur d €n bc eren? c) D66b.t[. dtutub@ ehcn d.diC ofiDp!( d pdd willnd b€.llo*cd udsscdio. 9 ofvolu. Addd Td Acr l9l. O Tlp. is i{ifi vdrc for. pFducl. Th€ pr.nld is b€ing dclivdcd 10 bur€E ar hritr hlu. lin€ it i b@sh udd Lrift v.lue. c.n rhc &llcr ble rcblrcs on inputs in st6k sinoe (ihc &y of) imDlcmc.t3tion of ditr valft? { w.iL s|F|r !ot6 (d'Jl&', ofdE followins: d) Botrd.d whousc: c) S.oic6 $bj..r ro Bci!. dtiy: 0 Reovdt of Atrs uflkr s( vA r Ad. I orl (S€ {1, THEEND
  5. 5. INSTIT'IJTE OF CTIARTERED SECRETAFJES OF BANCLADESH INTERMEDTATE EXAMIIATION -JUI'Y 2OI2 LEV'L. N 202 DIRECT AND INDIRDCT TAX LAWS nD.![ddr:JhuF Tor'lntrk' 100 Not kt@t @e boot6 thouttt b' *tdlt 'dhpot Dllzqn p*tt ol th' san' qkinn nat b' n'w'nd u 04? piace n -rd?t alt'qu'a'? PART.A DTRECT TAX I,AWS MiIX5 _ 5r') (ANwer tltd qkslions including 4!dtl" 'a') L wrilc shon nots ot drru ollhc rollowine : i) R@osiz.d PFYiddt F!'di o) SpotAs$N i c) AssMlYd .) StG tn. 'm.5 of .urhot 'rv io dlJNt b dd rhc ds tlErco' 'D bpct ul roibsins p:vmcnb lq.rher wit oth.t povrs'ds ot In' uv : D Pryndt io conttdds and suk'leoos: ii) Int rd d stinc ir61 m'nts; iii) Rdhl Dow @FnY: dd iv) Rd FYrbh ro hou* os'ri b) What do you und.rsdd bv d'eosd inmmc? Whd arc pEvisions of sccrion 19 in 'spcd otlhc UmDlain.d Gxrs'dituE : Satid l9(r) i iit s.b;iorDFnrm: s(ton lqo): ltl*#J:ii;:11il:i1llill'n",."""",,'."uo"'"',",'8 3F6 il wld k dm{td l€bil'tvoftt{dd whcn thould ir b' ptrd? whtt i! ' (onsequoc' of non' dv|mr of rlr. .dm'tred lilbili$a "ffi ;irr#*.1tu*,^,i1!ii,s,#r#';"##lii.l,,l*l " pxJiffii;"Hrufi,:1il"f.friT,lii,fr1;15ilifi;i; (4+66,,b L i. Mr. Chosdhury E rhc Cl'icf Fi'hr(rl Omcc .ndallo@F! fom romptnv dunngrnc'Ln .lARc Linilod H. rcoei!.d th' following salary
  6. 6. tPas+21 Tn. follosing infodrrion ra .v.ilabl. tor th. y* Fnainil3 ro Mr Cho*dhory l r) l. wrs thvidcd wilh fr@.@odmodalim dd fEe hnston fmm rh. anpany b) Heconl.iburedl0%oftheb$icslhrytdarc6grizcdpovidcnlfund equul snou'r *as al$ conniblt d by th. 6mpdy. c) H. h.d lo sp..d Tk. 70.000 for nEdi€l rre.tmcnt oa$e mcmbc6 of hh ftnilr' d) H. @iv.n Tt, $.000 (nd ola) s dividad fon a prblic limiGd @np!'y. e) H. h.d lsricuhuml incoFe lnolnrin8 ro Tl l85,000duringlheyed l) Hc hrs a flal ar Esloto. which h. let out ro s compmy for its office at a nonInl, ftnl of Tk. 60.000. H. p.id Tk. 40.000 a nunicipal od othe. taxcs. The Gn' compdy d.ducrcd lDprcPri'c rnount ofbx from th. anl 3) H. p.id life iNlEncc prcri! lmou ingto11.?0.000tg:'i[!lrwopolicics_oncforhimsclf $d rhc orhs lor [is wife h) Hc purchased fiv. y.a. Ban8lld.sh SMncioy0lth ronh tk.400,000 or l5 06.201i D Tb. dplo]€' d.duct.d Tt. I I t.000 s b ar so rcc frcm his elary md hc ptid I1. 50,000 6 coopur. lh. robl td.bl. incon. of Mi Chovdh!ry for rhe rclevant 3$e$6ont yd and d$ rhc amourr ofrdx to be paid by him. PART.A INDIR.TCT TAX L WS MARKS -50 (Answettnyt rc. quslions inclu dinq ludion ,aI) a) D.scrib. 2 sdiq ih.r re subjet to vAT d euG. b) wnd is lne diftrc.* b.lwn d.mprids and 4Gnrc? c) Calculr. the robl trx incidenD. (fil) fmm rhc folloring: CD SD ITI 34t8.29.00 (4+2+r2)=13 r) DhcB oovisionol essment !.ds lie Cutlds A.r 1969? b) Und.rqnatcircuislinc6 is piov isional 6se$'ncnr p.nnitlcd? d D.fiE bill ofenkt .nd bill of cx9od d) N.m. 5 Mir daucft ln.r & EquiEd lo b. submidcd witn fi. bill of .nrv ro geI cunoms clffi forlt. impon€n onsi$rcnr. (4+r+4+5Fr6 L a) Dclc b.rhecotr€Dra inponai*of inpul lox crcdnnechanism in rhc VATsvslcmt? b) wrirc rh. rin.Iimit by *hioh vAT pay.6 sn ttke credit'ofinpuirtr? c) D.$rib. fiv. ciEurBbMs eh.n cRnit oa input d Prid will nd b. rllo*td (Serion 9 vdG Add.d Td ac., l99l) d) Th.F is Tditr v.luc f6. a pbdlci Thc poduct k bcins dolivcrn ro buvc$ d Taiff varuc 'sinccnisbrcudlunderTriitfvtlue.C$deellerLkcebaksoninputsiniocksi.c.Che dly o0 inpbm;nl3lion orTdill value? (5+2+5+4F r 6 L vdre shd nores on a,//o& ofdc lorlowine: v) curcdrcounti ra) 8ond.d MFhou$. IHf, END
  7. 7. INST]TUTE OF CIIARIf,RED Sf,CRf,TARIDS OF BAXCLADESIT INTERMDDLTTE EXAMINATION'J NUARY 2012 LEVEL.II 20' DIRECT AND I]'DIRf,CT TAX LAWS Not : Sepoate ^vt baalJ tho'hl ba use.tfu eoch pot Ditretanl ?atu oJ the a;wred k o. Pta& k oftht oleqftne. PAiT'A DIRXCI TAX LAWS MARXS -5ll (Arsre.t & qnenions inoluding t!6"o' d4 L D.fin.ltE follosin8 s P:r lncoBc T.x O.dindnc' 1t34: (xa)=r6 :. t.) Whd mDFviti6Nof impoing $(h'lgr on mJn'dun,s*s* 6 ibj crbuhE T@l l@rcorMr' Rrhim @Nidn'nBrhc bmwmB: S.hd ln@m. t!E61 o Slving cenific TK s0 oou TK. a0,0OO *B dede kd d 6r on the qle vtluc o' Lod ofTK 25,00'000. (c) c|ldl& rtr ninimun b in rh. followins@s Ins ftmButind ButlnkEn teivql TK 210000 srl. olcoo& T( ),00,00P0u r. (s) Wh.r r. th. timc linib lor issuins noricd or tssmcnt ind lindriztion } i. No Filn ns beD lil.di ii, co@dmo.t or funisfiin8 ol i'rcdaL panrcuG' (b) Whr e rho povisio's ollncomo Tu Ordin6noo' 1934 in $! followins oascs: i. Faihr lo t.Y ldtdoo d; ii. Fm$ing u und' dnrc or inamci - (srs),r6 iii. Suboifii.s ol ingud P'n 4 Mr. MMd it d. CLO or a Comps) ba*d in Adngl'd*h Hc hd tumEh'd $e follo$i)g ' il.*'"*'r"i-l "i.r.'r* "rhi nco;e iorthc In'one Yd-md'd on roh runc 20rr' li'"iil,iiiiii'-uii. -r.o or rK r'oo0oo Pcr monrh H' 'ro dFu $o monn5 s'rary d! o, #-*lo"* .',"*ld " -u* rumBh'd bu8low m r hill rop The Enrxl vtlue oI shkh k Tl( ?0 m0 Ddnonlh. ritnrinmenr otto*ue tros u*n eetr od d 5o o or rhc bcrc etrd 4 mon$r b!e. $ltrv @ Fc.iv'd 6 bonus s. h's bd novidcd rnh I fulltim'€tbv $c comptn' iil *?fii,iJi-r -""* * r K I 2op0o dunn8 rh' vdr br h? cru'rrv sp'nt rI. 30 000 iil ii i'.;llJ;.r. '.; '- -a tmlh ' $c onrr dx'rn3'm4 hox;,o'",* n- .-u,0"- H. con;butd rK 10,000 p.r moidr to ' K'cosi'zo I r a' ilililllii*. ,.* "*." "rc insuni'c prcmiuh on hh rirc sM 's*d ar r-K 2 oo'000 f) s)
  8. 8. lP[ge2l Hc oMs ! rcsid.nial hou$ ar Gulsnm *hieh *8 ld out on a nondly rcd dfTK. 60,000. H. ,@iv.i inrer( incooe of TK 10.000 on dcms i6 in schcdu len banls Idi.Br prid lor thc '€r on l@ lim HBFC io' otuhcdd of rhc hous mounB 10 Tk. 10,000, H. tu dEr clrim3 dcdlcrions for municipal r.x tiid TK. I6,00q @ihctioD charscs ar 6% ofdE Ent, WASA ld of TK. 6,000 in .dditia. ro sEMory dcducrion fq rcpaiB in rcspan ofrhe n) He 'wid divideDd ofTK. 20.000 fom a PDblic Lrd conpmr. n) Hr@iv.dTK 16,000 fi@ pchl $yinss enifieb. o) lL dd.r.d TK. 2t,000 ro d .ppbv.d chrir$lc in$iruraon. p) He h.d i3ricuhutc insnc otTK, 39,000. Mr. Mmm !dd resident i', rlE inoomo vcr.coEDutc hisroralincome for{hc,Y 2011.12. l3 PART-A I]DIRXCT TAX L{WS MARXS - 50 (Alswer sy ,lur qu6lio$ includiaE qa.dto, noJ) .) filn & Ce TBdinS Co. rtrd inpofr "Hiir StyU4 G.l ' thmu8h Chirbgo4 Pon fiod Ftu@ md !.lls it ro iL3 Cunon.6 i.c. supd iorcs, 3rocery shops, dcpanm.nhl iorcs etc. in Banglidcal. Th. prcdlct is t&sblo as pq vAT Act. cII !'lue ofai impon.i consistFenr is T1.t,00,000. Cudoms hly !trd Slrplocnrary ourics lo' the prcducr de 25% and 50% spdriv.ly. nc cornd,y w!trb p.yirg lpDlicabl. duri6 dd N! d inlon d!8c. Co.sid$ ill orhcr dui.s rd 6*s, in your coloulotion, applicabl. dr ifrpon nts6. &9glE4: i) Calculate Assble valrc aor fie inponed m.sisnh.nt. ii) C.kuhL iotl t 16 including lll duli6 Md l*6 tppliablc ar imPon s{ae.. iii) Dcsibe poedurc !o bc folloecd by Han & Ce Tnding Co. Lld. 6 a coM4ial inpone! fo! sellihS impo.t d goods to local Custone6 a pcr the VAT suidelincs. (4+10+4)=13 Asirn coBun.E Cc Limil€d (ACCL) is o mnuftctuE and ndrecr or "cood Mon'ns looln pasre, TIG cohpany ndllacrua rdhpdcs !o ib manuf.ururi4 plmi lqted ar Gazilu. lt slls rte prcduct to cusromcB iron i6 sllca depot at VA f inclusile price ofTk.120 Fr unn. Itpur @sts lor mdufrcturing of thc pbducl is Tk.62.50. rt d.!or slase, it Days vAT @ 1s% addins 20% ralue addiriu. Blgsirg!: r) Ddn. Pn* deldtion. b) calcular. VAT Lcvnanb Mtuc rt manufadurins iaSq valuc addirion d nauf&toiinB sbec, od d.por sragei dd vAT aBount ro be paid dt manulooturirg stage rnd at dcpot sbgc for pcr unir of'cNd Mohins" r@$Dac ofAccl. c) wh6 &cLrd pne by ACCL mly Dor b. @pred by vAT ADtnond6? d) Derib. !Dp@l pscdu€ ro bc aollo*d il Di*ional Omcer firB hiShs ptie tho &o d.cl.Ed Dnce by ACCL. (3+8+r+2F16 l. !) Deibc andiriotu ror issui',[ vAT chllhn. ldcnrif, lppliubility ol v^l chalhn io. Mu .t.lUlIKAlndMBhat-lICHA fortp6of val rcBkrercdtcud. b) D.fin CrlditNor.ed D.bnNd.. Whcn CEdir Norccan not b€ issucd? e) wrnc tu p.*r olodjudi€riotr ofv^T o,licioh (5+5+5)=16 ,1. wril. dlon nd€ aorrla!',/ of rhc follo*ins: .) TDFrcd Bis. VA',r. TITEEND
  9. 9. INSTITUIE OF CHARTERT:D SECREI'ARI IJS OF BANGI-ADESH INTERM|iDIATE AXAMTNATTON _ Jtrl-y 201| LEVEL.II 202 DIRECT AND IN'DIRICT TAX INWS Not : Septuot. a$eet b,tj should be 6e.1tu each pa4 Dihtert t"ds oflhe Mw.r.a itt one Ptte in oa* 4equ.N. v PART.A DTRECI TAX LAWS MARXS -5rl (Atrswd ,nrz. qucnions iDcl&ltug {ra/" 'a'I) i{r. Z..sh:n, Fintnco Mrnagor in a muklnarioml Comptnv '!ad $' fallowing incone for th' A$o$mdr Yar20l0-20lli i) Bsic {l.ry 1t.4t,0OO P.. monlh. b) Hous Rcnr 604'0 ofth. asic c) Mcdi6lAuowonc.@ l0% ofthc Bdic d) Aonnlf.srv.l dd in*ni,. .{uivilo' tur$omotrrh! t6t pdj ij i^pr.r. , -*.'"'r." ' 'hc K(osn'c'i r'o!i,rctrt rund cqu'v'rcnr ro Mr' z*h" oM O H. is Fovid.d Pilh a sdant and ! naid ll monrl v ehry ofTk 1 500 sch' Besidd rh. aboye, h. is !l$ .nrid.d lo a tutl-tin! crr, lullv exFn*d bv rh' @Dt'i, Hk orher inon6 @ a follo*sl i) Divitdd fron Pubric Ltd. compd'Y b) Divid.nd frdm Plivale Ltd Conplny c) lnlcEst fmn Fiv. Yds Sdch.Ya Pah d) I edn fm S.Yinat But AMunr .) InleRt from Oou. s{uriti4 H. oss . hese vhich lE his t.t out st i mothlv En! ofT* 5O,O0o Hc pi)s ouniciPal d @ ri.iooo *ii.'".i i. a* p'io rl r 20 0{o a; ' r'n{ on 'ou'c buirdins l@ M' ze'1hd -iJ,r'"i lol".rr'i' u"'"'it"" ro rrr p,oridc' rund r k pa d l r' lnrura * r(mium ft.so-O(x)udDMh.lad1vc.6s'nchsvtPltmof lr I.10000 iiipi'. '-i i'--. *o '; t*t'rl,c'ihe@n orvr' r.' hin ror $' 6*$mdt )d ]0ro?01 ?. !) Detrmineth.residertialsotusorM'RushoinBansltdcshinlhctnom'vet'20092010 urds followine ciEumsbes ,' H. n$.d in Bddld.sh'n 2009 2010 du'ing r follolinB pcnod! s.o'.;bc2000 14 dDs o.nbs2000 rod!)s oci.n*rfoos 3l d0!s Janua'v 2010 20d'vs M.dh2OlO l0 Jrls APtil2oro l0 d'Yr 'rr i.'."-v"l ra' ,r"r- ^ i io ra5 Jd)i lui ! 'ra pnio$ four,€rs. b' UndnLhd circLn >Ence l otrld d ar*(e pq) 'dt3n(( r'- ;j ii;i ";i;; .i'1."' "s,'dinsded*ton oiri r rurc"'' m hou a rcnr d 5ra ai p.ii* to *pi,.r -*" *o tiir ,"r,.v ."",0 .1::;li"='"
  10. 10. t. $!rc hs $. .''Mot i! dn. in rlE a) Asc*m. o cm.t Etuh ud b) Bcst Judgmmt A$.sdt, c) UnivdlsdfAsslMr. IP4e2l 4. tnd e ll|. p.Ml prdidons $ ps the lTO, 1934 in rcsp€r ol rhe follopinA &frul6: !) F.il'E b nddin '@unt! in th. Fsnb.d 'tsmrb) F.ibEbfiLr.tumof inmc undcrsrion 75 ud 7?, c) No'tumilhitre oaedifis,io ofdedudio! of l,r u/s 53. d) FriluErodi$l.yTlNc€nifi€eundqsrion 134c. (4x/t)= 16 3, PART-B INDInDCT TAX T,^Ws M RXS- 3l (Ar!w any ?rz. qu.stioN inoludile qt tllu N.l) l. .) Wrrd& th.cnrS6 m.dc in tltc VAT&Cusroms lN!.td rul.s in thc Budedof y*201l. 12 udq folldins fia<ls (dy five): i) VAT d.duotion !t $tr@ fom supplis3 a F seclion 6i ii) TuluaTlxi iii) Cddl R.gishrion; iv) Penllly is pcr scctiotr 3?i t) Tim linit ld dispG.l of @ hy $c ApFll.. Tnbun.l; vi) VATfr.n !s!dt fd sb8. od by pEduc!; tit Pohibirion of inpod of g@ds und.r sdion l5 ofth. Clsrons Act 1969 b) AE Dvidad sd ltoyrttynsbt. und.rttc vAT acl? (5x3)+5=20 2. .) El.bnlc !m. imponot GltuG of vAT ih B.n3ltd6hi b) wht ie th. llEling or$ppl, d.2? c) lvno $tll p.y vAT? d) wh.t do you he by z.rc R.r.d Goodt How is lhis ditrdnt ircm Exehpt.d O@ds- (4+4a3+4Fr5 r) Whar e thc ptu €dls of Pric. Decletior for ch(sins vAT ed SD? b) How |nc sle b€ d.t.min n for ctrtghg VAT U! 5; c) wn.t e d* riN rnd mod. of Fynmr of vAT d3 6; O wn.t @ lh. pnvi3ioB if dy p.uon flik b @ll.c! d.nd od d.ro,,t tn" unlno*orrp,, !) 8i.ny di$u$ reblE! oa inpul Lres a Fi u/s 9. b) C@Dur. cpcdit tcvy if cD/rD @25%,SD @ 6xo/'. t A'r @ 15v., ArT @ !% ad ^Tv @ l94 rh.n C&F L Tk.l00 (6+6+3Fr5!) vhrt is th. pMeduc of App..l und.r tho VAT rnd Cutloms Ad? (3+!.4)= TIIE END
  11. 11. '. INIERM'DIATE EXAMINATION - JANIJARY 2OI I 202 DIRECTAND INDIRECTTAX LAWS TinorllNcd:3 hotrF Nd.:sepordedr*obooi!shouldbcttulJordEh/1/.Dinootpdsolthctu"t.ttulionnu!he nmtrut ir ak lde it .n|w <{ kqk,x PART'^ DTRECT TAX TAWS MARXS-50 (AtrsN$r/|ac {uc{ions i'trl i'r!4rd!rr,,,. r.) L D.fin.th.follo*inginrelrrionrol!.omcT.xOdinancc. 1934: d) lti'riprl Ollicer. lsTrTlTF oFc||^Rr FRED FCRf r^trrl (rF n^NCr.^Drtr 20t0-t0ll. I a) who i3 Equired ro pry advatre ux? b) How.dvancclax isconpuEd. cnimtled,trd piid? c) Whtr isrh.pbvhionollnmme ftr lly for i.ilut to pay dvaner.x? l. Diru$ dc p@isionsoltho ITO lt34 rcga,aJiig p.nahi.s io!rhc following defa!lrs: .) lltrdcfiniriM dliN.tr,u rs !i! byrl'cllo^uirduivcddl"irnr di-ds. b) D.t min.lh.6ssn.nr }€a6ofsomc ascs*s engag.d in b!sii.$ or prcf.$ion in c!! ol .6!din! yaa .nd.d o. 10.06.2009. 10.09 2009. 3l. 12.2m9. I L03.2009 and ,1.07.2010 D) Mr. RlhtrEr,' guBlrdosl!Cni4r, 'lto !a rpp.i crl as 3 rsclnri€ladvnor by tl'c coq ol Mal.ys4 l€ver aanSlad.lh aor lhe lid time on 27.09.2008 ld joinins hit duti.s in M.liysir. ftnrins rhc !ca.2009.1010 hc.rrc i. AinAladc$ iid $ycd for l3a o5 D.r.minedEftsidcnrirl$!tusolMrRrhmrirbrrhcaassenrv.a.(a)20092010and(b) .i, 4. Mr.NuDabiisd UnivediylolessrandakolheChaimonofhis Depanmcd gisbasicsliry is Tk-14.500 tr nonrh and hc.ls ucivcs I!.5.000 pc. nonrh for his Chaimanship in rh. dcp.drne He ootrtib cs l0'lo ol lrir blsic slLary lo*lids a rccosntld providotrr llnd 'Licrcn his .mplolcr also conribur.s rh€ 5oo tnDunr' Hc tivcs in his oM hou* rd receive houe illoNd,i.; A ao,.a orhkbAicsil Tt.96.(X)0 ind hc Dnts dcry yor T16,000 Dutricipal ui. rk l,?00 in5urd'c preniun anl Tk.l6.O0O intE{ on loon. The orhf incomc of Poic$or Nrbi fd rhe vcar endcd 3l Decenber 1009 trtE rs follows: Arric!tr!61 incomc Tt,72,OO0l Dividcnd aBn publiclv loded conpnnies fk 54 000 (nd oftax); ln-t@5t oi brnt d.posit Tk 2?.ooo (n.! ol |tx): HonoEriun for ldtrrc in oursidt cous Hc h.s in Ed his lilc fo. Tk.sO,OOO.nd piid during rh. vdt premium oiTk 10,000 H' tho DuEh!*d d.f.ns savin$ccdificrtc for Tk 50,000 duriig $.vc.r' D€t.minc his Gx liobiliry for lhc rclcvrni tsc$mctrr vcar'
  12. 12. -t IPus21 PARA.B INDIRECTTAX LAWS MARI(S.50 (A.sur any ,rr.! quenions i.ctudi.A qn.:tion tuI.) r) MRP ol2{x)ml m.nBo jri@ oa uC l,rd. is Tt 12. ftc comp.i! $tk rhc juie a@6 irs oq,n dcpor and rhrougn a disl buror 10 E rctaitcft.Ifrtr v.tuc addirjon ar d+or and distiburor l.v.l t :0,6 .&b, wh.r eoutd bc rhc vAT tevi.btc vatur ar rhc ninuferu.i;s sbsc? b) cohpurc rcp.crnc kv) rr CD tu a 7%, SD, o0o!. AT G 5"... ArT d J.;_d ^, v - |.s%,sh.nc& rr I too (to.3l ts !) what is VA1-e NnD rhc aN Soods and si..s wtrich arc c$,nprcd fom VA t? hl k vAT cha.gcd.n !ood! ccDBrcd froN inmnddics? c) vhich thnstios !E subjecr ro u.m nlc 6 Fr rhc VAt Acrj d) Wlht !re rhc differcm6 ber*ccn zcb laritrc;d c{ctuprion as ps VAT Acr? (6+2+2+6)-t6 .) WndisTlrilfVdluc?hVrt i'nposcdo!etirdvrt(corotrTariffvituc? h) li Nhich csi lnp( v^1 rcbdc rE nor r orsd? o wir[ EfeEm. ro a$ghdc$ v t Act aid Rutc, lbrc whclhcr rtrc fo]towjnS narcn.rrs arc i) Pne dqllEnon , rppt €non ror trunecd Rarcofrcod, n) subnision ot Msh,t. | | ro E p.div.cift. ofiic.;ft,n 72 d,':of 55u. i, m,nddor'. iii) Duty drwb,ck is apptrcabte for vAT e ity tiurdo.r Nt havc.iy lftatetc o rcirha, n) lf my FMn lggieed or rh( de^,onafDC r fo, nr pl,cc oqter,on, hc *trtt,t. rr|edl b comniidnnol apNat,e.rsr rheodcroror r $rhia oo drri !) Mulliplc VAT R*isuariotr is rcq0ircd *h$ noru rh one t.$bte g@ds aa prciuced 'nrhcemeplrce o+l+5-2FT6 wrirc shon noeson.iylotrrof rhc tultowins: d) VAT Provision forToll M.trulaclurtnsi c) Pri.c Dcclmlion lor MRP h.*d p'lducts; l) VAT Deduction ar $urcc pravisjoi asp.!cirnacsid hdgd20l0-ll THE ENI)
  13. 13. 'IN1'f TMEDIA'II: DXAMINAl'mN -.'ULY TOII L[VljL - 20u nrRf,cT ^ND rNDn{ncr'1A r,Aws Tin.rlld.d:3horB Tor.t m k:,00 NaL: sepuute .Aelr book: lhorl.t 6e ulal Jot .ath t od. D[turcnt /rt: 4 tk *ntu .!tvtit,' "r^1 ht INST|TLl t OFC ^t{TtRt.u rk t .l ^RIljs r)t. l}ANLLADf stl a le p n,. lrc ruridB D rlt ruj hrx: lh! 1A l[ 1t.000: & anr 'fl 13.000: till." t*.'t.uou. hrdr* of nrrc $ r/i'ld lnrd lL.lt.llr)l). l)atrr'on to e @sw.c.t i, rk ptea n, ofrb ofrlqrck? t,ARlr DIRECITAX I-AWS M^Rr$ - s0 ( N{f r/,,.4 qu{ioDs iir !diD!qrsrlr,rral,) Defi'c tl'e tbllo*ing i'r el.tio ro ltrcoiE'l ()(li'mc(.l93a: a) Capilalg.itronsh.rcri d) P.iqnnn6 lnder *crion l0{B) (rr)=16 Di$tr$ rhe pevtiotrsolrlr ITO 1984 rcgaftliig pcrrlr 6lor rh! i)lkiwin! dci Ll$l r) riilmlo fib d!0 dli'$n,u !^ 75: b) Frihrc ro nnt rdYinc rx ,'A 6i: c) F.iluftro piyhr otr rhc baskofrhc rctoi d) Failurcrod.dudor.ollerrnd plyanyur mdercmptnv l.f lTo 1934. (ara)= L6 a) SrrGrlx prcvisions wirh rcBard b senldl LiabilnyS.hcnc ic Pc'sccrior 3lC olll() I934, b) D.$nb. tha pecduE oaslc$mqr on th. basn olcoftcr r.rum (3+3)= 16 Mr. x is rlr l,i'rtrrcc Mtrtrlgor ol r corlpdry. |ollowi"3 is Li. *retrditurc aor rhc yar c cdonl0 JUic2000 a) Stlari6: B0sicSrl{ry'fl.l5,000pr,llotrscrctr"l.0.000PD.ltndhiiDetrrrlolvarrcefk.l.000 p,8. dd Medidlallowana 11.2,t00 p 'n, As &nlvalallowaNc he gec an amolnr.qur ro rso '@rht basic d!ry. His orihltiotr ro provid.[ tuld i5 l0% of hn basic s]ffv Hir .mploys ako @ntr ib!rcs rhe s.nc amo(trr. b) llotrsPrcpcnv:b S.l€of rgri-pmducB-tla0,000: Caslr rcNrltol r8rictrhMal lrtrd-11 ]0.000 hrcome ftom panD.fhip Tk.60,000. lrcone non solc tradcfhip Tk 50.000- Lasrrcars lo$ Tt.t0 000. hftre$ or Bank D.posir Tk.16.000 Mr x hri r hotrsc. llrlfol ir ir I cpctr$s ol lhc houe ac $ Inlhr V(niciDrL Cnllcdid,cl,r's!'l(:.0001l,'$r !. r'll.0r)ll Ruvr^l r'N lti^ uold I r. Jo.oou. Follali'r!.c hiscxfiditrc.f d : FaNil!;pctrscs i[].50.000. I'rcnlnr ror llc T1.35.000- Purchrsc of books lr.?-000, lrDdotr I'dnE Mi'risr.is Rclicf Fud 1 r..r0.000 F rd otrl Toral lrtrotr,c irld Tir 1o lE nild ty Mr X Nni.,r' r! rh!,t{* ron )c!r l3
  14. 14. . tldss?l PART.B INDIR!:CI TAX IAWS MARXS-50 (Atrrtq rnyt/'.daqu$rLnnsindLdr'f,?r!not hh' l wh .Grhsch gesrladchVATatrdC$sromslassrdtulus i'rlltN idtl nrdgd?010trnd'r '' v^T D.durron d S' dr'' ii *r"t:*:lll''*l';llilLl'l;""."'. (1$,-,R v D Indunics .rei'fl'd rofr '^' n) wlDi L I unruvtr t* d'l !r sh'trt n n x|lnri"cl rllnv fu"r'v'r ra' oft ccnih ta( p€nd 6 ", *;l*-",""^'' ^",""dr",*.yrc llllt:111':,1:ll"-"'r >':r''trh J! 1"- rfi's " " ir''nTtil:;11t"''$l,t*';$""" *lil:l':; ;;l:;;:ii:i;" .'"''"" "' ',t ffi *mlfl't';:m'.r,ill'l;""#"i'$llil lilili*fiili::i'ji;"" -. XLl;,.,. t n,t"* nn*t to rhc com isioncr (A0pcaL). r0'"tt" ii"li;:ili: kFh. deto$dd' ii';i5l'l,r"Mlill'fl :*li':f f : I;"H "'"'''" nutrnh'ncnr rtrdcr VAI Acr wrn. $d norc! otr rn) tutrr ol ihc InlnNnrr I 0.,* u"",r*,h".niffiil ,/ THE END
  15. 15. F-F.x fgl',,, "r ()F( HAnr[Rt:t I sr:cRETA R t , KY INTf,RMEI}IATf, f, XAMINATION -''ANT]AITY :IIIO LEV€L. N 202 DIRECT AND INDIIIf,C'I'I'AX LAWS rrc: ii?rnl. r' ' I u id,is rrl kt h! t^Rl [.D cd(tt lrrt Dillt*rt ttd 4 ]h ttn tt!,t rt ow tt.t( itt ottu ol tq!!L! (i,i)r.s0ksi.tr d (}ndol ctrdri InIRc PqY Jl.to rtr.!ictdr n trdtrsci Mr S(li'tr Ahr'dl b rli! u( {'l M.' rLd u 'IrhlnIILC us uJ h! B.'!.d tlt followi"gr (rnt ,! lrtri,i! rhu rtrlrtrri 'il 3 PART.A DIRF,C'T TAX I,AWS MARKS-50 ( t$cr rrrd tltrcrioir i'tskdi'r! r/A?e"a't J l).li'r ihu irll,,*i',srs pur l'lO lt)[4 d vh,r rE rl'. h iBol.r$'protr pq'd rr-lv6Ebl'rBl'"', L*-",r,i *,i.at.rt"r"j008;lurvl()ll t" Ilcrsxon 4oll d' llr) '!'3{'^l" { ir 'lh I a1id*.r *;m..s'ndcd trnd(d'ff.mr chufliin(6 r,r tr""u."r'. ,,,i"i'i'i.: ." "rc, $h ch dn r"N'uar dir '' ' Esidcnt for lh. PurPo* ol i|l@e 6 r) ltrielly describ. rhc prolisiorsollNo'nc In l'aN ri{*roll { iio hs under fi. h€d ctpid aaii: (aii) 1,,8 fmm BticuhdN hroN bt th.t rD rh DruHunsrr'brdunrction d {u'r lq' rr'{ rv[!*nrlr]{r -' t,) c"t';", ;" .*" .r 'uptlt or s@d'd cstdon "r rddni' I iil F..s for tmfesioniland i..htr'c!r kd'ces: & linplocr r.ontib n$ bCPll rrN tr'll'!i"q Nntrulr^ *cr(:'lk' Eli'c'l h Mr *hir .ll "lii-:,.,:l.:-'j,.'.."',' N, n-J'cJ i dmtrJd x i*d"i' ild !' I tnnr'' 14 r!(dnNJrunr srs pJLd l') Ll'c dnl'ruv(i ., i;;;';ii;;""; ;1 "r'. *p"",r"r ir' r' tou u" -"r hisfii'il: ri,,rtrt t',tl
  16. 16. :l r) cftrip0rc rfu ro$litrco c oiMr. s.l l cd aM rlrc h xyrhlc b t00q,r0 PART-B IDIR}:CITAXLAIS M RKS-50 (Atrswc' i,,r //d?qscniors ircltrdl):!ttn(ttuI no-t l lhL l)n,v etrr nrdisrftolrilc(lrDd M.. Srli'n $rrrhtr's.r rrt',, ll. ^ rlE o'ftrol r lDtrc $hid' wrr ler o ro r c.npr'r rtr a n{r AppNrviar. i,no$r dlh rsdo(lrLucd by (hc um,F ly llin rl'c r, ri. ci H. ftccived Tk.61.000 (b ofhr) c divid.rlon h. i',vcn rc'r i'r nHc H.rl$ d.iwd Tk.l!.600as inr.rcn on firld deBNr H. p6'd lif. ins!6m. pctrnn lmounriu b-fti0-001r r rcsp(b ol l,s p.r!{nl rr,li. H. d.iocd 11.10,000 b x LNal Ioorball.hb rtrd lk.15.iir)0 b nic l' ( Mi"nui ! lrrld Tlrerploy..d.ducr.dTr Ii0.000lrcnhis$lffyrndhc|tid fr6 (n) hnt is rruncnlM v.h'.] rb) l: ftLn -n) hDirrhJn rrlrr'jr'r rruJcdn(.' r' 'tr ^ l ' (d I n)w is Nlush*Chrlhtr itrrpontur litr Scrirr! rubdrl dr $ h.r.'r rlE un e| n. orrppralJrdrri(' .lr'ri. (r)L|tl|er*h ci(umsknccsgoodscdbcdeli(r.dsnhourp.'nrcnro|drrJ rrJ ecliotrll of rcCu$ons Ad 19691 (b)Ho*goodsconb€renrolcd frononcsdrchouscloolhcrrsllcr t!tror 1)r)ri r fulr iii) What is $e 6le of VAT? n I which tansacrnn rr. subjl{ lo i/rR, Irft' l rldar r[ebNic ditlirn ehcrscr, cen,Fn,rxrd ^n,,nri]r. 0t 'h!r is J_ourofirlior ftr rh. offenl v^'l snc or llos t(|ds ' tr) :nsver thc folhNingqicstions: i) Which 8@ds and $dices aF $'bj(' ro v r ii) h VAl uhar-sed on goodswhich dre.scnrD Pnrc.dr. aor p€lne or'VAT: ( ufttrr c!$ons Odt Sh'cruru: Adjulnent ofl|'ptrt VAI lsii'N Onlpur vA I s)2tL (.) llcGloDdury is lop,r n9nlcmcnbry d{t) li"r' v^l r5e1 crlcul cas*ssrhle vrltr( ofM ircmC& | lrhrcflhich nrc J)n non: uD {,r,J/,,.) THEENI)
  17. 17. / ,{/ /./ // r Nsrrrrrf, or cr ^RT.R r,D srcrr Fr'^ Rris ^N D M^ N ^(; !:rrs o F INf ERMf,DIATE EXAMINATION -.IULY 2DO9 202 DtRl:Cl /ND tNDtRt:Cr lnx t,Aws .rL: Ii?r,tur(,dxn'v' /'ddr1 rnr n 1' &at tu ldt rtt Dillt rt j' r 4 ttt tu (a,"' u^t r nt$ rlt to te ln K. nr tKtu tll tqtK4c- PART'A MARKS-50 ( nscr,rn.q$dion: i"dtrdi',sauArt',,.4) lxfiie rhc aollosir-! ir Ehtnr b licoN Inr Odirhcu. leli4 r) RRogtriad Prcv dgtrr li d: .ag b) Uider *hd clrcumnflEcsurd wirhn wlFr rihe a rov sed ruM c) lJndfl vlEt circlNrarces slDuld ar dscsss pat advancu rax? d) when dho!ai.sres({l'olnsnorpr.vro(sl}bctrzssstcd slnn'ld NJ drl'!crr r7'j-l_li 'n i) whor!E lh..snti.l radN.s of t Oili a5 per ciR T.i Acr.19901 b) HoN th. v0hrc ofgifi is d.rcffined urder*clidn 5 oltlrcciriTax ^dl!) wlr!rrcrhcprtNisiors0trdcrrltccifi T,'r d. l090wnhrc-6rd FNnr the follNina infsn.iiotr cotr,Ftc t rotilirsDeand r.r pryablc hvMr' trvri ktr 1'! ur$dcJid'l rl0(t$: ;) B.si. sohry lr.,l j.00o l)s trktr{h: [) FeiivdlBoruseqmlto2 iotrrhsbancP3yi cl He wrr Dovidcd wirh li. lirrishcdo.connnoddion: d) Hr cor;ibuLs lo9'oofllrc h$ic ehry rotlrc Prov:dcit fu (recoBi'7ql) {LralaiuN 1'^ bcn con&iht.d by rh. .mpror.r .) flc tat p@id wnh . lull time ar ror his pcMnal .s wll is busi"cs' u* 0 |lr oJ'dI'fr rrri,tr! rr'ri,, r' r numri'r8 hTl11000 lbllo!in!a ounrs i', eldioi rorlt ho!$, SalaryorD.^.r h) H. has orh$ i'rotrE olll | [t 000 showi is uder : .uiyn|c ('r1]rrir I l{$q$wri_ rr !lrs.oot) - l'r{.d ('Er).r fcd d.posir'1k 54.0r)0 .a
  18. 18. I PAIII.B INDIRfCTTAX I.AWS MARXS - 40 . {Anrw 0n, t&E qdioB i.cludirra (erri,t er t I l. Whdr !e tlE.h.ng.s trrd. in VAT & Cutu! l.wt ud rul$ in t t lrudl'l ld lola l0 unds. tolLuanl ha& (Aftwr ry tix) : i. Emfi.d c6d. s.L.nd epd s,ki ii. LinltdTlMle iii. Indmfl fimn by Coit4e lndusrrn . t.nrlti6 d3 37 (2): vi. Tln. llnat tor Arp.ali rii. -rim lmit td tlin! obj-lk$.€!iM Gb.tc dislto*nr$: viii- Cu€ll.rhdofcdE l vAT R.gislan. ., ljrpLh rlE iopd v^r'Gb.L ! F val Aq, i 9t l ! b) who ir id.llov.d to nlc VAT 65e? .l wlrricft. nHondilioniloh! f'rlfillcd lor iin$Nc ofpnl*l v T J) whd E tle Fo..duB of App€rl? .l Wnlt ilTdEd VAT? rdrc lhoa d6 o rnl/dt oldE lollosing : l|) ECii c) HS Cod.i d) lF hiprcnr lnspdraonr e) CEdit N@.tn Dcbn Noe. 16xlt. r8 J .1. rr vlrd i.Ide |>cbdtiq|? Whs n L b bc {bnirurl h) hqt lhc del.Ed Orie noy ttd rE .@pcd by V l urln"irJ4 .l vhrr i'r lbi,niti.n 1'! iNh'dqi ir I'rie D*l(nri trrlrclxtit)| lrdririit{i'nrair ot lricc D.cl.6rion lor. P6ct of P. c&otrul Oil 500 Ml. co8i&.irg rlrc rbrl'N $: . MRlTk.t50. Di*ibuB l.'d.d Fi. LTl,l00, , - V.lE Adiirioo i aJt( Plr.lldEn$[.!dv.!.dd.d.lft s in d. pllBolmn olMusht( fm ll']+llD-16 TIIEEND i I I
  19. 19. P'dl' /1 7 INSTITUTE OF CIIARTERED SECRETARIES AND MANACERSOT I' I(JLADf,SH INTERMEDIATE EXAMINATION - JANUARY ZOO9 ' LEVEL.II 202 DIRECTAND INDIRf,CTTAX LAWS Not : slpdrute dtrv hnok tbuttt tt ,r9t lat erh Pd. DilJeN"t,ots 'l th! osN.led in an. rte! rt otdr .l leqwm PART.A DTRECTTAXLAWS MARKS - 50 (AN!{ r/ru, quesrions iicludiis,,srriar" t) D.fin. d/Frt ofrn fotlo*ing sith EfcEno b ITO 19341 d) caFiblAschr Sr.r.ho!'h.o$r$m.i',1i (L"der'l'efulloriiss{s r(p tr' olacl'!nctur A!ariair br Assm. nrcs( i !l urL red businc$ .i e,**.-,.*. ' n ^-' tavms Bmshdeh d) Asm?nr i" ose,i 'n(on. ola d<atd p€Mn . | <l, la^ 'ii ni'i j,i,'" p'.' '!roirlsi's' ."Jilil,iliill"*'"...""'nFbd.'ru{r!dd$uaIDm"Pd"'""""'",i',::':i';,, u! sod$ dcur"{ i Vr A'[!a . .vocd -. ."!! 'BmJadsh LdnPin).Mn rI id;"i;;;; [i'l;;i''. ',"" ,'dI', p.v!b'c 'u"hcscsmctr' ar:u.'rtr'( r, Ba'( salr'1 Tl 500oo$rmDrrn b) Enr.nrrm(ri Ali $ i r(r5 % of'he bJi' eiar) rt Botrus- rso tr'nnh hn.$ho ;i ;: ;; ;;:;; ",', . "''".., ie c., dnd,hc cu'n' ) ms in u'tu c!'i r i''' 60 000 foruoreDrunl rh( rr durirsrr'e]€r' ., il"iilii i.,'ii,,,- ":"r; Ii 50.oo ror '€(rhs * nr a'r' r'LJ rrrrr' ,, i,1l:il",ill,l,::l:':'':,;:Ti": ,"'l 'Tl;;T '^ 1u0ro4 'r '^ "r ii 1 ! / r " iii,'i s"i i,. ' ..' " ',i" ' t "o 000 rv J 'd""'rrrd 'o'Jrr' r' " - i' " $If,illi ""=,'"" u'.u-u.frrt r.35 0000 ('rd orhx) rom lhrrt Nrcr'rd dri'r! rrt - rr{ v.ot uIi lb'.d !{'Pint ',, ;Ji;l;:,';, .i', .., ,, b', tr onr' oN 'oo' r'e $'d r"' ! o i'i",iiiii.Ji*-,,.*+" "* rr 250oar is br.crctl' ,r1q/:." "'" ""'"';pr'd lr r{ 00ur'' 'l'( dtr'i 'llv !c,/
  20. 20. 3>} tP'scrl PART.B INDIRf,CT TAX L{WS MARXS,50 (A$wr aDy rrr.. q*$iod imludinq q6no, M. L) hl whrr,E'|trrrr r.labsofcuio'noury? r) $h.r isdriillircDlc bcnvc.tr ererprion a *mrani!? b) Il.$ is thL i',|nr u turr nci,,xl calcularLd? () $h.lurlirn trr '^r klniili? d) c.irp& 'ctrslc lc1 1l cD/ll) (, 1' ,v@to%- v^1r ATV@]5oi,.{hci(rriill 100 ri r'i'?)' 6 a) Lphin $c ln.:'rli id SchedulesofVATAcr.l99l? b) WhD is liablc n, rcs'srcr lnr VAP O AE suppl'e^olTcnr 'd.d Seds & eNies and excmptcd go.d.trr 'rrls (q(iN! !r Exphin *n i canpl.s(.ry five offtc iollowing): iii) Suppl! A llr VATAcri iv) Tnn6r.d Rar.orvATr v) I,re ship crrrNpecrotri vD cdt6l v^l Reaislrllioni vii) Pdhibirkr .l Impon oacood und.r CBbns Ad. 1969 dl Wh re r[c pr]c.dur.s iNlgi"llnr lllun hri ol l,rice rrel0ntrion2 l'cpato i Pric lNdr with m MRPoI lk100 d, s) How nr.r v^l l(!'nr. rt requires if rhst src 7 ficdiu: ii rl( produce dirlu'orr i]rc'.lgorli orderrhc strrc owncrY b) whar ii6'tr r or do r lli l of 0rtv coirtrar whr rrc I ig dru cqninn.[n,! $rh l]ill oIEtrr.y? c) Whot t(rtLrua rrc t, h! lirllowcd ro re16* gods ftum pod and $ lN dl Whar conDliair$ o b€ |ollow.d b fo. is$omeofvA_r CMllatr'l .) Catr aiv mtrtrlh{r igcotrrtotry r.ke credir olrhe VAT paid or trricrLN hr' 5 or i'rptrr i(' @ | 5%rr'tr'il!.dr;pitrior' r: rir'i+1)=16
  21. 21. INSTITIJT€ OFCIIART'RED SECRETARIAS AND MANAGIIIS OF AANCLADf,SII II1TEIIMEDTATf, f,&IMINATTON - JULY 2OO8 LEVEL. U 202 DIRf,CT ANO INDIRECT TAX LAWS (NEW SYLLABUSi Tincrllo!.d r 3 hotrn Tobl B!rk: lO0 rlf /rzrrdrrn,nd,l J/d,rth! rltl, c h rql DilJek"trui 4 thc:anc 4,Nrion i,nn b! .,^nc&t nt .tk rrt<Lr nr &br of s..FetLa .(, I PART.A DIRECITAX LAWS MARKS - 50 {Answe! ,/Ea queslions ircludirs 4!gy,oda L) Nl' rjir. h irLr,ivlJ ln' ttrfihr litrraddjoinld in. DEI,Z E ury so i, Brngtadosh,sa lichtrici..o.0r ^Drir1007 otr i contEcr tor rirc ycr6. H. is, owd rh. io ovini EmuD.dtion S [crefis pcr ihn i irrLlrx!! r{ribftb c r]rercor ffdo bc bome bo rhe emptoyr: . arsic $l&y'rl,50.000 r$ mdlh wn[ o annuarinccft @t0%. r Hou$ AccorlNdarior tio ltrly 0?. . Tdnslnn AlhviNr 'rL 5,000 ftun Anrit 07 ro Jurc'0?. . R!trtallow.ncc TK.15,000 frcn Aprtt'o7-Junc 07. . Fd liasFd lom ,uly'07. ' Enl.n iimenr ollowaice Tl. 5,000 - t0% of wlrich G sp.nt for olfi ciat pu'?oe, ' M.diBl lo,.nc Tk 5,000 - 20% th.dlnd sFn by nrn r Olh6bcnefiGTk 5,000,71%thsMlstenri'rrhcpadom.nceoiduri$olftcenptoyc.. r He tpbvidcd fft. hvello Indi0 and brck r,ic. in.r.rinJune snd D.em&r: vrluing Tt. Comput. hn bd in6n. a B th.tun tb. rhe p.riod ro 30 Jun.,07 and y!.r b l0lunc,08 - 13 0n tJrddhdci'!u[irr!..an (() Aicn/ i'dicnr.orryrhc srli.tr! acrt'rx or- i) Uiild':olscll{$c$m. ; ii) sp.r as*$i'.nr: indi€iu rciF.'iv. sscsc yci(t: D.rin d,/,rr or rhe foLlowi.g r.nn(s)l (.) whar.rc tr. tulins ihelhold qemprio0 limit oisur for: i) Ho rgonly.Ericulru@ ir@nq i,,dividu qilltuod ro pa] ! 'hi',i'trun rlx of:
  22. 22. ?-t, llog" 2l (!) Bieny{|.3*ib.qlvrh.eliatpoin&itrdic'ringrclcvdtsectionsof tx i) Fist.pp€li ud ii) S.cond app..l tb) t Wh'ch gltu, to *hd.^t n! or ?x.hpt fiom eii-|a^ i') wrtcdown rhr thcrrPoinh fo i3+8)= l6 PANT-B INDI{ECT TAX LAWS MARKS 5{ (Answr ,ru. qucations includinc 4!5lo' tal) Bri.flt dctinc inr fo( oarlE lollo*i4 lcms Ned 'n Cuiom' RcBobnoF: v) S$id bondcd waEhous; ; a;!hd6h Cus@m, uiGr lidit ;;ffi:f;ffi;i"fi;";;. b..dd!d b FoB roade at A(*$'bn *n"'i11,..', Namc fivs ircmsofdury riee imlo't edchlndcr: (10+6)= l6 3. (b) i) TdnsB B.8gas! (lmpon) Rulo le3l -. ^^^- i;ITJH$I.,:l;'ii;?tiff ldiill,il'cil#i""* e''" @l.it; whcn C&F k TK l00 !.li.nt poinc iriicarhgrelevanr S@tion orSRo/Sch'dul'Rul'/Fom Trunc.tdvAT Sulpkmnrq_durv i"dnrrLrlLrngc(sror ru ffi ff"'**i l*fi :#l"t*ffi lli"J ;i]"ffi 'liH".""'. fHE END
  23. 23. fcD INSTITU ' Of CH IITEIIED S'CRI'TARIES AND M NA(;IiI{S OT BANCLAD'STI INl'II{MEDIATC EXAMINATION -'IANUANY 2OO8 LOVEL' ll 202 DTRGCTAND INDIRECTTAX LAWS (NEW SYLLABUS) Timcllloscd:J hour! TDht nrrk: loo Ndu S.'lx,ua rh! d ,,oi r,'r ll hc $"1 I1' ltth lt' Ditktrd trflx t'! ttu aul! trynid u6t h nrnr ll t, r4 lth t nI tn t4 l !1ntt4! PART.A DIRECTTAX LAWI MARKS- 5O l tr$$ r''!1 qu(idis ixhtlirg '/"rt"' rdl ) I Mr. kritr isr (i$cfrlMi rs*or'rCn pdrv it Bitrsidch l)Fi'rs (hc ftr'nc ia I vc{r 1006_07 hc Ld.riNd rlt tulln$i'{s]lv.rd rllov rccs filn rhe co ptrrv: 'l lD tull(rtint Lrrnlid ili)Ndi Nar ivtrihhlc fitrrh( vgar: i) ll.ri ruvidcdRi lilc r"onnnoddior itrd li4 tri$od lrotrr l[c coflFrD ii) Il.cotrtibutcdlO%oflhcba3icelarrrorN'osriizcdPrdlide futrd Equrlrrctrnfs [ls] $Nibur.d hv rhc dnpitrv iii) llcNcivcd l(.'ls.lllr0('ro1)n ill'rc to tr Lili!IriLciconrDNv s' llL lHl r hi_( $hrn i' ld out r' i trF nuU'J" dl lr'0000 ll( lfid lr' l5 onn ^ rurn!r'lhliJi v) ll!'R{ivcd 11. 12.0006i'trcNirordcbctrnrcorrc'tr'Dri! vi) tlcFniliGnbu'irrccpt iuit ou'itr6rorl lfuoor*rn'hoool'i'y rc lo' hi'nr' vii) llcnrvcncdtr{trollltt0Olr0i1'c!!hiriornlshusol'!otrtPirr!Lirr!d!i1lrCiirhgnr! $dk l:rch.ng. {iii) lrc rl$ rtrrcrr$cd 5 , $$ D gl'dc{ SnN[at! l'r1 tur'1r'?5000 il ll'c n[h)d d(ilud$l r r'hl 'NnN Dl lr'i6o0orinnhn tM ft( ddrils sivcr rNvc 'rrl|dc ru tor''l rADk "'"" " t*'tt"i'; :. r) whd ! rltcIh$'c1(rnric'"Iir "rc's'!l b) litr|tr) I i'lr risir sr'lIrcisniiir ddq'l c) Y'*illrlr.lxId.ir r-$.'c rii^ tr {'Mrn r[c r{rn "tt 't'*';:":. r",
  24. 24. d) I PrSc-: l DitTdulc t {tts! povltiodl tsldl titd E!rr|!l trssndr Wl'trr rr. lhc povhiotrs Eg0.ding tnd 6c$mcnr-a whlr (trrdy is .vllhbL !o in :lrs6 4!rioY'd bt lh' t*rmd mrd' hv lh' lJcT? Ndrc rlrc d€um ! equied ld (lirgd.pF.!t tqthc AplEll.rc'fdouno' ,r*o*rrr,.,o wfto rion iolB or a!!@aofllE lollosirS: a b) mnrl {trrucr d) corlqft olfl Ncrum: c) Chtr, foM'd or U$s 0 Rso{nixd rtuidc fu di L tNotntcr rat( LAws MAr{KS - t! (ANN]I rrd qseliN irhdin8 {eJ,pt t4 /') (4X4Fr6 3. wriE lhon noe on t!r/,nt ol lh' rollovinsi (.) Bill of.*Frl un&r ctllcn* rbl lNi(sndd VAl Acri ici culMs Pd dd Annon: idi M{uf{trNrrt'd*a (.) SNu$ilins unds Cllrotr'! Ad: (t) $'dtY unl't vot A'l' h, wu, rN do ru. dis*s 'qui.d sid'.!rc birk orqkr l,,,:illl+Jl;11 * :;ilI;i$fts|{iftj,f*il#,,,"H' jj"],',i:itrji*=*;,,.,.,-,." t.) Derih. 'hc t&6 ol *rid t Er|dins tlE vil* wdr' &6 thc 6lF delonrit{ l:l[l#m:,#$i[lulf;l:l';luixl"^:''l6+5+"''|6 i:i--ffi*;1Eitr$Tf, Ml#':$liil:**;.*.!r.; THEEND
  25. 25. II{STTTUTEOF CHARTERED SECRETARIIS AND VANACLRS OF BANCLADTSH INTERMEDIATE EXAMINATION -.I I] LY ,20l)? 202 DIROCT AND INDIRECTTAX I,AWS (NI]W SYLLABUS) Tim.nllo$.d: ! hotrB Toriln,rrks: i00 Not:Qwtion 'nu b! uxNtr..l in EEIrsh $torde u^ r h,,* h,tn.I it x4t l.r 1th Ei Dillq.,l t'urs ttttt lup q!!:tiah nn^1 hc a6wr&J it or! rhr( ht ontu o! vqtunl PART,A DIRECTTAX LAWS MAR(S-50 (A$Mr /,'J rrr.f qrcniors i'{tudir-! qucnnr N l.) Mr. tl{hih h.ljirhne M.nqerofAaC Co. lld tlc Kcivcd rlt tullowi.g alary rM arllNztrlrs { fosr rfu ncftdofltrly?006 ro J's.1007: Aisic lhlirt p.. mo h Mcdiol nllo{n€ p.r mo h Efi .noNnerr AIlo*aDce po nFrrh Enplolcr'3contibutio @C.P r ps trMlh SclNol fcc for rhc chidrci ofMr.llibib p6nonh 'fk. Oth.r Fnicula6 oa M.. Nrbib v.t as follo*.: r) H. w6provid.d r f..fMrish.d ndlorlhniccom od br. its noDrhlyrc rf lt.oor'r ) rva p.id by rlE cnplor.r. b) ll.i:o*trcrolihon!.which*!sleroutro.priv c oilicc forDronrhly re olll.?5.0001 tlusp. Tk.1t.000/- toptrlrpN'r &Tk.12,000/.lbrW S bill rlcslsop'n'|.| ]0.000r for nutri. ipal rix rnd Tk. | .000/- lor groMd rcnr c) flccotuibocn l0%of[isbdsicsalorytorhcrccoSr zcd c]'1. d) lbul qp.ndit,'t ol his ncdical lrqhc sis 15.000,li'rtl'urholcycar. .) rrc nrvcn.d T[,200.000/. rbr Epmch.seof5y(s srvi',ssccniricdo.llcrsi pni(i rc insurnncc pE niun of Tk. 60.000/-. f) Hcrcdiv.dTk.13.000/.|rcil(cbcn0rcof i ftrbl.l-i iiodConp.rry*l,iclrrriPPro.d hy Sccr r irics Eichnngc Connlkr ion E) ll0 rcccivcd trcr inkrc$o111 9.000/' iror l(prlirlril' l.tl. i d iddividctrd rr q0-000, tilN BOC aangladcth Ltd.. Fon bo ofi'rcrci ard dividctrd l0% bx la d.d@cd 1l Thc eiDloy.r d.ductcd T! T1. 30.000/- aM lrc at$ paid '1 t 10.000/ 0s advan.c br' Conpun rlr ntil in ome ofMr.llibib.trdiE anDur olk |]lyrh c hy hinr 3.000 h) .) who is l Rrsid.if!spc!LToldiMnc.1934? h) lr otN I ctrpliotr in mnPllirg rohl inco e iri rN orr RA cnt lrxlNrr Rcinh Iixol!in irl' .radpr.. c) Mr. RrhNi isi_R.sid.tf. Mr Ad{u. k. a.iglidcthiciri, bnr i.limicinrsr10{6' 07 hc wd Notr Rcsided in Bnfgl.dslt. Mf R.dd is rtr ltr{ hr . ti^tr aM hc srs ioi Rusidc ThcTixOfiiccrcon,lncdrorilircomcofcicholrhc{hrccpcEons]r.700ottr ror 'ulevrtrr s.sinctrryc .corl crr.i$tr ll_5r6f= 6 Iconkl P/rl
  26. 26. / /' ?, i) Thc h.!ds of t.x deducrioi tt sou@ dr Th(c I'cid! of hr.oll.(rio' t sorKe *nk do*n rhc(onscqu.n(cs of failuE todsductorsir(r ror D.lirtr CLn ^s pcrGLn l0rAcr 1990 ;h H.$ n fi.v.lu.dclcm'ncd otr gin u/s t md rurc 6 ;; sck .mkortrNP.rGinrAAd raeo idl E"DIai" rh. po.ro" ort "alrv ror no subh's'on of EGinTai cr and Rtrlc? ofrcNm mdconceoln.N u/r l! ofcift (l+5+4+4)= r6 {446+6)= l6 lPas. ' 11 wh.t is thc diffcenc. bctycen t x d.duclior soud 'nd lar collccrion u sourcc? Srlre rhe prcvhions ollTOrdii!nc. in r.spcct or: { PART.A INDIROCTTAX LAWS M RKS-i0 (Anq$.r,,J '/nss$'r'otr 's-drtJ ' rrno|) wik dnd nor. oi,,j/,r' ol c lbllol'ng: i.) ^l)prcplirGo'Ic6:(t) Stcuiol ao cd Wircholsc' 2. rii YrxiI is:$"i,'rs::'i',',fiirri:l:l'i:lil;r'if ,l"I:1]i::1'" :til*: :r l'({N l.' 'r l% ind lDs( 'r 40'6 'l'$ 'icuric rtrl n, $;'ll';3i;" *" n"'*. ttrcriorsttrd bctr'n$orhined wnrcL$$se Niih rcfcrcf(s to rrt ,,, ilJ:f,5""'":"li:'il-i:',"'dtrdi*iono'thcornccio.ctrsto'r (?+J'5+3)'r5 t 3. {.) l:! nbu tl'c r''cft 'crrurc !f {r: tr 5 'ii5rd ig c r{i"r"c (li(d ' crllulitd lor Eood! in6 eRtg l:,l ull i]f'J"";:#?*a;5H:lr iJ'1ii:l'"" '1':J:'::'J::"" *""""':' -' .' llr P::i:f";:Tll;1lfiJ""'f;is1:i:"'.:l!:";:ll:J l:lxl''^' iii ii."*il in. *pi t"'t"*'r' a^rizdi'tr 'rcavc ntctrrd('s THE E^"D
  27. 27. NSTITUfI' OF cliANTERED SOCRETARIIiS ^ND MANAC IIRS OT AANC L^DIiSII INTERMEDIAT! EXAMINATION' - JANUARY - 2Ol)? LevEL- ll 202 DIRECT AND INDIRECT TAX LAWS (NEW SYLLABUS) limctllorcd 13 houB Totrl mdrls: 100 Nor.: O4tro,s DId ,e a,$!Ed in ttnat^]1 Strontu un$ct Loot :ttntlt ht $at ,, !t.h rua DUI.4nt ptt oJth. sam. .lwaion .$t be answut h .na ptEc in t it ofte.!,!"r! 'ro PART.A DIRECT TAX I.AWS MARKS.50 (Answ.r /,u r/ucc queniois inchrd fsque!r or ro.l ) L Mr, A3lrm,rh. chi.fAccounrtnr ofi€mpany. rcc.iv.d In. followin8slariesrM b.8ln, 'lrrins { , Free t.Bpon sas p.ov'd.d. € olh.. Drn,cuhRofMr Arli$ wcrc rs folloqt r) i{. cotrk.bukd o'! ofhtr b ' (J ohldc ' 'uod rcourr ''-"k _ cont brted by rhe cornptry). b) Hisrol6lcrp.nditueinn.diqllrcatnentof hisfaD ItwisTl ?5,000 ci Our o f rtrc intcmin nrcn at totan c rccc ivcd. he .xpcd.d Tk la.000rorolficirlP'r0d* dl tt.ftcaiwiTl 24.000sdiv'd.ndon lCBuri cenific{cs .i H. rle rc.p.d Tl.5.000 frcT i'icrci on soq san rics rnd lr 13000 is idcrcn on D Tk.l0.3OO (r.l olt!x) wescreditcd t! irrlcrcn b his ficd dcposila@ounr' ",rr"","r' Tr,t.OOo a; .ovtnLc 'dr co'nn '. rnc to$l o n( nr vr alt p.Ytble bY hin. 2. (.) wltrt.rc th. dv rig.s lnd disdvrnugcsof'r.dedrcr'd ir (b) sltrl.lhe provisions ollT Odirancc ir rosPccl or: . D.dtrcrionolldx lros itrtertn or *v iginsn'mdic - Collcriotr of lix frcm imPoncn . O.ducrion oflli fbm f6foricc!$ical* ice - D.d$lion ot coll.clion oflax tom co'nmission or di*ounr dkfribubd fordLrriburionof!@ds manuLct'cd bv $' eid - o.ducrion ofhi lrcn cxp.ncash !'bndv ' Dcdrcrionolmx fion rcorl.of trodicndefb , Collccrjor olri| ior I mdnbs oin.ck cch'rgc . Dcductionotlax iror iincRsoi evitrgMd ficd ddPosns l_ {r) who is lo pty ldvtnca rixt iii i.* I.ir'i,i"-* "t"a*"* E conplt.d and '^ qh'r m'n*r ir B paid? i:l n:-:"rrung ::"m::;:'i"ifJ;"::'l:1,1i1"""'.1:l:'.;11." :0"' oa :',r. '"' i.,li i; ir"ioo.ooo b.in! hs 6e$.d r'o-c ror rt BF rnc ' )cr :004 0< on iilii iiroo r" *J" '"t 't'"-""." sd'rrcd v*' :005.06 $hdoo irsro.ooor'*t""**.*o*lftoh|i'lcoNYotr!rcq(jru'll oiil'i-*"i'i'gi"o"ll"'."".*p.id lor$"$es c'rv'a'?007 03 j+6!r-')=16
  28. 28. I Whrr i3ginfordrcprlposcof 6inT.r cr. t990. whrisrcrhccssnrial llow ierfu v.h'.ol.3in dlrmi'rcd ua 5 d rurc 6 ofitrc cin T. Acr whr gift aE .r.np!.d l6m hx? :( l. (!) What istntrecriotr vtrl(.? (b) lfritrlldio. v.h'c ir rcr rrc.prlbrc fof0*.s cd, wh m. rhc orhcrmcrhod. (sd ro dct.nrirc asreblc vilu.? (c) C&FvahEors ircn isTk, 100,Calouldl.a$.$abl.vi ucror Eir.m? (d) lfculrom dury i320%,suppl.m.nrdry duty b 159a. voh'c dddcd rax is l5%.nd |DSC is4.4.- th.n €lcul.0E 0or.l durr on th. rsssb!. v!l!. ol(c) (7rl+l-.r'=rr L PART.N INDIRECTTAX LAWS MARKS,50 (Atr$v.rd,trrlr.lc q@slio$ irclLdirg q cnlor ro. ) (.) l{-elripNnr i'Dpecri. I gcmy. (a) Acconling ro rhc srior I of drc Act wlF prye vAT? whctr v tr pryabtc? (b) Whlt kT!mov.!fix? Expl.ir thc l4iurcs ofTurnoverT.: (c) Dcacrib. slienr red0q ordswbac[ for.r],on trds VAT Acr (!) Giw deiplion oflh. b.oE and deumrnts which:a rcqtrncd ro maiDtab by p.Mn rodctcmin.nr linbiliry 6frhc pcGotr. (b) Epl.in thc subni$ion lid .xaninatio ol dud ro'n in d.lril5. {c) h which sliois olvAT cr olTciccs ird D.raltics orc hid dowtr. Dcsibc itrdputrisl EtrsotvAllr. THf,EIID
  29. 29. INSTITUTD OfCIIARTf,RED SECR'TARIf,S AND M NAC'RS OF BANCI-ADESTI FINAL D(AMINAIIOI! - JULY.2006 LEVtt- lI ( 2lJI DIIIECT AND INDI'IECTTAX L WS (N[W SYLI,ARUS) 'ftn.,llo$el: J hosr TorxlnrNrkr: l0ll d D EnShth *Po'r' rtt" t n'"t:h r'tJ h ^Rl tt r'rh trtt bifr Nd tNd: el 'te $m.t@lkn nd h. dn*tut k M n in .tkt ', P'ttr"tl PART.A DIRECTTAX LAWS MARKS-50 (AB$rd,) rlrd qu.nions Allqu.stioNc'nTequilmarl 2 m'rk | (r') llo$ is No c dcniL{ !v rhc i'&otrrc lA ('J r rcc lt34 ? Dt) totr nirsd( trrc .i.6nnion to b. .n .xharnive o. ? (b) st.rr rh. d'ft Ent da$sofi^'ome i.i *n" a"o*'i.*," t.*.a in computne iimmc h'n hou$ pda,D 1 : (4, Hos it thc $id.nrhl ndN ofd Akse ddcmmcd und$ 'ncome h l'" 1 srarc tn' i'"rdrcaf hariol 'rcsidnr $d tlF d't' m,DsHl'lili, r* . ,, r."-. '.rh) Mr Om$n. i Brithh nlliontl. wts in B'naladc rrrn{ssrv iLr Drg'!'slr *N N |nllowrl l)u tr'LrE "'rn 'tr|)'n:OOa05 lrc-O 0o:00! o 5 :2004 i,,''l'ii" n"*.1,r't"* uno_oo rmm l 6 r r :0nJ ro l 5 nl 1004 ri,',i,,l iiii r*^'.ri*, zoo-o: rrcm0 o 200l'ol00r'2001 6""ii ir'. n-*i"r'v-' zoot_oz rdm J r'03 200r ro r5 I 1 2001 Whd will bc rhe rlidctrrtr $rus or r'a' e"""' *" "*o'' t v'"' :oo" ^r ' rct :r (rtrpovistotr'oll"corETLOrdinin{.lo3a 1 R'pdro' c rollotin! '_' i,- i,.r".'i"_ .r,^ r.'n'r^ dc' srd ddi4'o' nr I ',' ilolHi:ilil',::#ii.' commnno" F'd'o'n'!c' of ' rcrisn htrvcr lii, ;il::;;;i;, i;; ';' F.br' ro o$nd-' ih"L{ p'orc' : '.r wl'" Dro lit.n rt.m. b ann a ' l'-i ;ii;":;;J;;;; c;n the Dcrr'r'e u/s ?7 orthc rr odi'n!? ro34a ,:; iJ.';i,i;"""""'...-,*":..-11""1;'::;':*i1'',,-,,,-:,',. id) surcrlEPdElProvu'oird r n'( folbsnrS aE rhc psdi{hR ol M' (!nd for thc r@f,c vdr 'ndc! 10 06 1005 t!) BirL Sollrv l5000 pnmoru' l:i illl:-;il"*:*Tl:?"o h6bce pn dcd ::l lLlillx.lfi:li";'r:,ll1Y:'l:;ff'- -'' "'' "', -' 5 .tu tr cr' :r njj rN cntn.ln'ns F IIrc ror oflrc''r,n"1Yi ^""015".;...6'"q(0 Codnhdion o rclosni&d P odnbur'd by thc cmpro)<o t
  30. 30. (!r Div ctrd (nd olrd) ftcci!.d tu'n !cofln, jv t r r3_000 (n) I'nqdoi SBi.@nr cccilcd Tk. a.tooitrci) li) ln|lru{oi debcnr!rc &eiv.d Ttr.2j,OO0. 0) | otb of h6 elr., ar &ducrd tor povjditra re '@shorrotr.O) Hn r'1 houc_G B.j L Ohl! *di tel our ro 0 corno,n, ro, ir( rcstskat ufli-- .., , rdrNl rnr ol Tt. 30.000 ft. enpuy d.dudcd br { $; ,ppopna; 6,c t6 rhcNi rcc.Lilbrt'i- H. pnid Tt.20.000arc{J @Domron D fo. ir hou*. (l) Dnirs rh. i.con. yqr hc Dudh!:.d tCB unilEd,fEklodh Tti t?j.O00,trditnrv,d 'mount;'rg 'o Tt. 20 000 or whr.h F 3.000rAo?o j, ,'c. in d'c mm. of hG wi|. (d.tsnd.no. (inl The cuployerdcducicd Tk.10,000 a! sou,ce lar idn his slrry. lo m*! re Es.Md for .abu$t Cdtr,luro Mr. Xirir!tohtrs w.lt.s r.xabtc i.come ind rhc rax tilbitity, PART.B INDIRICTTAX LAWS MARKS_50 (Answ r,U rrr qu.stioos. All q!.nior srry .{!.1 marts. 2 wd.il! trorcs.n u,',rx. ot rhc foltowirgr: (c) Speiar &nd.d e.GhouF. (.) srtr rhc p.wnuE oa liccnsi.g ol pri*r. *aEhols and serid rl darlEcunonsacr. 1969. {b) Lilt rbc Boods which €i @! b. bbughr in BlDstrd.sh by ( (4,4t,t6 snc.llarion th.rsf6 laad doM i'r rrror rrnd ors(s4. r5) (8+8F16 C l- (r)Uid.rvh.tcircnoliinc4s@dsc.nb.d.livcEd*irhoulpaym.nrofduit.sp.rsccri6n2t.r .h.CullorA.r.1969. (b) Ho$ Eod<ls c.n b. EnoEd frcm on. wlEhourins shrion ro.norh.' 'j pcr seri.n ro0 or (O lhn! rl'{ sctunl power ro exampl s@ds iofi cusroms d .s is cxcrci!.d by r. CNons Au rori$ l {6+t+5)=t6 4. (t) se fi. ptudud ofchcirgt.lu. add.d t iond.rrhcv^TAc! l'9l. (b) Whd books lid Ecords rE Equircdto b. maintrin.d by ! maiutactus ? (c) Di*u$ rh. povision *ith Egad !o .knption of VAT !trd.. rtD VAT Acl.
  31. 31. 7 INSTITU'TE OF CHANTERED SECRETARIES OF BANGLADESII INTENMEDIATE EXAMIITATION - JULY 2OI] LE!'EL - II td} NNANCIAL, COSI AND MANACEMENT ACCOUNTINC tlot : gnre M b@Lttotd b.8.dfu.ach Fl Dt tuht FB olnf @ qfitn@ dLtt b' w.nn i" @ ttad n otd.r ofcqtM PART A NNANCTAL ACCOUNTING M RKS - 50 Qettifu N^I B .o,P4tte}- lwt ut MIM tk Re oltt qt a,M oltha tzd) t. .) se|nc obj4iEol64itl d,.M b; wb !..&'lio&l ntrofuM rDo.! | L4c lE d MF t? whv & dd t*d n? .) A.ddiq b EAs e|Nd( .'lt!dir rh. qcn|fu ch.dot6 of @'lr @dbl dM (6r3)-13 r.r GO lror.d L. t,m,u o|ddtr sh{6 of Bm l0 ah rd 1 0o.0c10 Alaqte sbE or BDT.I0 *ir ttr oruoy oolats gcorat APdi!6 Dun3 d. Fueirl Ya ml2. 0F 6toiov h.d ro tdv BDT 15 cfi r 6n osM ld peid inruE tqcd D.v t -9:1@ rniL or d. omdy p'mg lt E D slEi.d clrir 'D'. pofi( fd '€Bm lo.oo.0oo. @ Lirnld &c[td d &'d d tdcrcr sh@ @r% bNrl ll$ u fl' oI .rtt( soii rtr Nfi. ft6 hd6 rnd dldi.t din8' !.t tu b) Psdrt gdi!! lallEa ftr Dividad ulds ti. rolroei4 cnq@: t Prr@r dFiol Divjdo4 ii) Rddlddli@ dFtEl Divirlc4 d iii o""i.lo aIci. oi"ia-a (t+3)=r6 r. Fo|rori!! ir tE lirl bhe oa GD cdlrdv unii.d_ GD Cdrrt uEied rrtdBtl@ !r 3r Delt 12012 DIBIT BDT Irijd onidy .i.B or BDT I r0*nEid.hk d@lraiE Fe@.hcof Bm I *h a@r. Eiv-u !n @!c D.rrt . D66cilEqt (hrlir!.dn d 3006 2012) Adoin dl !.Ed o4ats, *hx!4 e|lrie; I s.tlidei.car n luuft dlu orteds I Aem.ldd.tdirjc! 6ne od 6tm6 |^rbeefdtlei$Ldal 715 lis t,*" t,*
  32. 32. lPa$-21 Th. follNina icm3 h.vc yd b bc d6h wirh: a) Yd dd i.6tory c.d ir ADT 2q20,000 bd NRV olsd inrc.tdy rd.:lrd BDT 20, b) D.!@ia!o. oi 6rt!& and firbnss 2070 d slaighi rine b6s; sh@ld tE iM6.d io BDT 2,00,000; Tr ii eritur.d !t BDT 6,tq00ol Tbc.llo..!@ ofoosd,oE bdw dasbldo aJd rdmi' 6r is s fotlo$: Itq.ny osl 2, % ro disblrid dd 75% !o .ddin. D!p!Ei.ri{i 50% ro {t6iiblrion dd 5elo b .dnin No dividdd a dil q d*l2r.d. Th. &!amc e r@tiblc in tull b r.n ya rim.. Irrd6r ir paid in r*o cqu.l irialfr.d! per .) Ft€hold hnd is orucd evsy lhr yd! A valurion h6 jusr h€en cdi.n @q showirs ihrt n ha dec@cd in valuc by BDT 3,00,000; d) An inrdft?Dl Evi* shos llle,4 ddee ir $s v.lu. ofsoodurll; e) Crcdil@nuolld na sid deb1 of BDT I t,000 shoutd be wiren ofas nr@vcEblc dd auaece f) g) Flm thc rbL giEn .b@, prt& tle 'ur.nd 6tMi.l 5l.r.mnb of cD Co(tey Unjtcd 16 t ,,. w c shon norc d dr. followinsl iii) Aeo.l bai5 of Mting; TIR1 E COST AND MANAGEIIIENT ACCOTJNTINC Mr{f,Xs_50 (Qet.@N^t ttanq 'ar.7N@ e"r t@fun ttu E oJtE qu4ttiN oftrb Fn) (.) 'L nEdsr buK the u.p@ of t@ehd @h.s r mc rha! c6r a@un@s_ Do rru .sr* wilb it? DilcN. wlllr i! l[.di&rae bea cocr @ring rd tutrase@lr eurugl D.fin. opponuity cost ald ent con? (6x3)=13 Erplain do ReB for egfteari@ of Fn 4 vdiabL ald S@i-vdnbb cos! uG |ne Dbdlcrs for uhich il€ follNid d. oFdie Drcfit info Vairbl.6r ir 70% oflot l cod, orls cct' G fB.d ccr. Tn diretoB of de @ftD.ry 6ida thal s Jui.. shos . 16 it snodd bc disdiru.d Ba.d on .b. .b.vc d.t sndld DrEdrd- Iuice iv) M.rsiality dt as€gatiot o) 3 {.) o) b. &opp.d? iusry )@ aNs. wrd do '@ udeBon'l by ljmitiD8 latur iD pEdudion' AB Ltd Drcduc6 so Drodue - MloroD and tlbile Unh (8+8)-r6 BDT BDT l3 m l3 11
  33. 33. IPag!-al ' Dui4 rdt 2012 thc a€ilau. hto!. G lihiicd 10 3,m0 i.!6. Sal6 dc@dcd in iuly e oa.d.d !o b. 1,()00 uic fo. Mnprop aid 5,000 uia fd bbilc R.quird.nt. DamiD. pofr ndiDizing poducrioo nix, suing tha! hoilhly 6xcd cost is BDT 2q0o0.nd rh.r m irvfujd slEld (6+10) =16 ,1. (a) A Cdpoyi bud8ql i to sll 8,000 ujls of P'lducr X for BDT 12 Fr uit Thl serdard veablc @n Dd uit G Bm 7 Actud Sa16 wdc ?,?m nnits.r E pnc. of BDT 12 50 Calolrb: i) S.L, Pitc.Vdi.M i4 S.l6volutu Vd'e (b) BD Lrd podr@s ald slb . oglc prodn ! for $hich rb. va@ble mrll 4 s rollorr: M.r.ri& BDT l0 ljh@t Bm E Pedr!@(hdnad BDT 6 ft. !.la pri@ i. BDt 30 ps sil &d lixd o6tl Der onun aE BDT 63,000. Thc @mpar nG rriaa b Nt a pb61 of BDT 16.000 ps Dun. Dccdinc thc sl6 r{un.d for adrdir8 rhs poft. (c) i) Exphir lnedc.!lof Mrsin of Sa61y. W* dc il indi€b101hc @ag64t? n) Y Cmpdy nEl6 ed slh . slducr shic! h6 a @ilble c4t of BDT 30 &d which sell5 br BDr,O. Bud8a.d 6x.d c.dr & BDT 70,0C$ ald budg6.d s.l6 e 3,000 uit3. c:lodrr. 6c rErgi! ofsfdy in uit3 ed b !.Mtag. ol bldglr (5+J{Fl5 THE END
  34. 34. / IITSTITIJTE OF CHANTERED SECRETARIES OF BANGLADESH INTERMEDIATE EXAMINATION - JANUARY 2OT] LEVOL - II ,O3 FTNANCIAL, COST AND MANACEMENT ACCOUNTINC Tim. dto*d : :, hour! Tdr'l n'rLr: I OO Nd. S.Nruh dn., baok 'houtd b. rt?d kt .och pofl DII?t'at pnt't ot th'. ode q!?tno4 nutr b'. a.et4d 'n o"? pttu no'dt oI''qta( FART A FIITANCIAL ACCOUNTING MARKS - 50 (Q,esnon ItdI k co,tPzltutt Aeer onr 6w frok the ren ol tht questlo" alth^ pan ) I Th. folldvi.s Trial B.LtreB dtrded fr@ ltE b@ks otRla Lid Prep4 6El .@a roi $' rd.id.d 3l! Dc@bd 2012: ,1 A.rounr Tirl6 ;;i6dd-6E l-oo6iG;A'fi o oc'r l,,ucd Caribt : ,1,ooo shs of Tk. l0 @h C.nd up Capibl 4,Om sh4e olTl l0 6ci od Tk 7.J0 Cdh in a@ in Gpd of 200 5n c $dM.rdtory (l-l-2012) Acmnb eoivtble dd A.oounl3 llyabro Allo€M for d@bt6l debts ( I 'l-2012) Goo& ed on cssntMr Cr.di. Gi.) 5a,a@ $,4!s 36,3t0 x,720 29,120 1.820 4100 3,I00 lJ!! 620 5,350 ioo.o!o Thc rolloviDg adjuslrnoni! e nesety a) Th€ clGiqg intnior) $s vd!.d d Tk lO.090. bl B.n dd.! 4 to b. ntM ofTk 200 cl AllM. fd ddbdul &brs tu b h. ircc.r.i to l0% of d.bt)6 d) Psvision for detion is b ho 6isd b Tk 12,000 .) A divid.nd ol l0ro is pop$.d 0 T|sffd Tk.2,00{ io gdcEl 'B4c.!) All lhc So.d! on dBnmcnt IEK hdn sord h) D.prd. nwhindy d l0% i) Mritd dlc of i'vdncnt i5 Tk I l,om j) Make rdjustmenc. irre@$drt lor n qoo subjd ro asenr s comhrs'on of J%. I3
  35. 35. 10,000, lo%pEGE esh4 or .10,000 odiury shG ofTt.I0O ?oft &d ls Amr (lan y@) PFvisi.n f.r De@iltion t0,00,000 9.80,000 E,00,000 2_50.m0 3,00,000 r,00,000 l_25j0-fi)0 l_25J0.m0 tP.se2l r/ht e dc f@B !o h. oNidrEd for Blurid olaoodwitll Gi6bddrn B.b@ Sh.c ofMadhlrEd lrd. s o 3l Daanbcr 2012:(b) . 2J'lof Lvfua r.pEentidlcfird. b nE buiHntBs .r. no$ woni Tl 25,00,0110. c TIE compeyt pEspel! foi 2013 de apparndy go.d. d. Th. pbirs ofd. mDdy fq lnc lat lhE. yrds h.w b€n sho@ e incle$ of Tt-5,00,000 munly. .. Tlr.d. offfird ofsimiLt bsiB i,3 dsod 20% Fid or dE irEiNic rdu. otordiBry st,E rn r Eli.g into @idcn!@ r @$oa!l. .@n1 (4+r2)=r6 Dtcu$ dc !i.F fd pEparing coMl,rl,led Baloc. Shecl. Fm $c folldving t nicuLB prcpaE. @Mlid.d Baire Shed sho*itg rhc rclcwt BAI, IICE SHEEI Ar ra 3l'Dd.mh.r 2012 T1! TIL s. LnL TK i* ,;,* &4.@
  36. 36. / lP4.-31 H Lrd. MuiFd thc alffi [ S. Ud 6 l'.t y 2012 &d on tial dde thc Poftr 8d tc Acd.tdDwd a d.!n babre ofTk. L60,000. A6ft Bnble of S tid ftlud. Tk.25,m0 rd spods sFplEd b) H Ld m $hid H rl.t @d.!D;niof 15%@d Hdf of de sood! shmn DqnN @ ofs l-td a3l' Crni oflotd @pun@! ofS. Lld. bilb ofvalue ofTk 3,000,.rc isuod in flvdt ofH Lrd *ho A !ndu. fd Tl !.OOo sr b H trd bvS Lrd 'nBpdof I@.Enor'*wdbvH Lid uDtrr Js!.ryloll /d-12)=16 Wrn. s|Ed nd6 (.'rl&t, ollnc follosins: (.) Applialiod of BdgLd6h Aceditr8 SE {brd (BAs)i lb) UsoR of fimcid slatencnB; (d) Ercr'u .ns rbc Bal@ Shcd D?'r.i PANT A COST AND MANAGEMENI' ACCOUNTINC MARKS - 50 ()ftsnd Ndt rt .o'v.kdy tet .ny tultun th. ni olthe qr6ttoa olktt Pan) (b) o) (c) Dis$ th. '€ens for using p@ndominod ovcrhad r& wt", * O. *- ro. "'i,_"lsPron ot sdqibloDron or ovdhsd' How sill )d ld$c!Mdundqd.ott d oEbad ir dr a..d$? r"l-4"- ir'.. * *" p.a"ctio dd two @i& depaturs D{ntr8 a td rhe eriiturert d;Enioral ovdhea4! dd lh€ bsk of thc acnre dopartnentt ovohd arc d 4 c I ! Orqhad r.re fd tlE pdd6tion deDdnFnb aE c.louhrcd oi rhe b6i! of did |tbr houu lhjch D(d A-?,8m [M od D.pd 9_36)0 hMe OuiiS dE mdh of AF t.|Ii &el Lhd h'c m iri.-.r i'a tro - e -d ,ir"t o*b.!d! !rc'n 6,020 'n A rtrd Tr 0.570 b B Agdi! lh. oEtE d tu fd rhe M &patu.lB Al3o 'how rb' udt d os"ll@don of orqtEdfddErorhofAFl. (4+5+3F13 Dr$nFEb bdso bddsdirv @nrol dd sbnddd @si4 fi; L- ; ;i'd;s'"d- bt -*e 'n'r)!6? DMb' 'b ss'r64 riom d' pomt or Thc abd.rd ;'t for prcduc,ng 3 000 b.f,lcs of prcdud x ts Mr.d.l A: l.000litc6@Tr 016 Mcirl B 2,000 lib @ TL 0 15 o".u ,lp"r ZOr r. r O,OOO Oo.trJ or PFdud X ree prcduc€d film the Bput of Mrrri.l A : l,5o0 lie6 @ Tt 016 M&nal B l.5m lih @ Tk 0 4l CaldhE rh. rur.nak pric. m''ddt'.ldvanm€lorpnl )ul2 14i1 8r 16 (Contd Pr4)
  37. 37. lPasc-41 WlEt 4 l[ BDprioc oaCVP elrsk? Nu@ Ld supplis tho fouoqng infom.rion: o) 14! Mrr.dn3 md rJninindic Nrh.id ,^sol Fa.d C4 : M&kerinssd adii shbE ov.irsd _-l! !9!! 1!!@ r coupurrh.bElMDoi inuits ii. Ddmic r di6 b bc $ld io oldd ro 4 TL tJ6,0o0 iii ComDlc dr bc.r trn poid in uja iadid labor @s illog* by 3y" ir Od.mrtu rhc u s,rs pfie b 0ninbjn rrc sc onlnburon 'r'sin erio, irdi@r labor 6r iDoasbr3%. I.1+C+r+r+1)l=16 Dieu$ de r@ls ofnuncial staremeni dalysis FM tlE rolloqins i.foMiod r.ldidg lo ,ate6 Co. Ld da{ de aabr@ Slecl of de Ircnlorr Tll]lbE 6rio rrdo of GB Prctir ..d SaLs Tmffi R.rio ro Fircd Ass CN.o AEE8. Mir olldid p@od Fi!d As ro Ner Tnh R6rN .nd iu,Eus to epibl M*c €Mb|.!sFi@*hd!rcry. TTIE ENI)
  38. 38. INSTTTUTE OF CII,TRTERID SECRETARIES OF BA]IOLA.DESH INTERMEDIATE EXAMINATION - JVLY 2OI' LEVEL - II , tot FtN JIcral. cosT aND MANAGEMEM ACCOUNTINC rle .llor.d : J houB ,l.obl o.rt6: t00 Norq S.pMe dwr boott sho,ld b. NeaJol @h ptt. Difqdt pofls oJthe sohe q,6tiar nsl b2 M..t in @ ph&. in odtcr oheqw.e. )i P^erA I FINANCIAL ACCOIJNT1NC M RI(S- 50 (oBtio. Nor i: ..'e.tsoty /"s,t @, t*o f/on lhe re! al,he r.Th" a"ir:;i.e n lh" T,i"t B,l-* or sM RA co. LrD 6arr r.. Allorrnes lor uncotlctibtcaccounb ccunuirL! dcp@ialion-tlnitoE reuoulircd doEciarion-Buitdinc 20 q!i!dins r4,1m,000 t0,000 t0.ofl) 2,55,000 cipitrl {6,000 sharcs olTk.100 eoch) 2,00,000 t0,000 60,01x) 20,000 !) closine iN.rrory e.s v.rucd !r TL?5.000, ! b) Th.urhorizd c{pid ofrlF @mpany is Tt. IO,O0.0OO. O D.pEiarion on tuhibc@ trj%, Buirdiu@ 5%. d) Tn .Io*!rg for douhtut,@nr is ro [ ;c@5c{i ro ! b.t.k oan 8,000. c) A6D.d $rdia Tt.2q000 .nd ,ao.d inteGr on Bonds Tl.l o,ooo D ti6. L16 e elihrr.d to b€ !|{)o,n. t3 :. F.on 6. following Balrnce SlBr olC. Ltnilcd.sofDcoonbc!tt,20t I fi0d our: .) thc Vrluc ofEqui.y shqe aid prefoEnes, ifprefq.ne jha @ pinicip{ingi b) rt. Vllua or Eqdry shicand prlfqft.s, ifpErcrcne shes,E nd p,nicii. ns.
  39. 39. Ic Tr- 20,000 Equig Slhc ofTk.I0 ac! 2,00,000 25,tx)O 3% 1,000 pEfffi ihms ofTk.l00 t,00,m0 1,60,000 10,000 80,000 60,000 I'l!e6.d @f.me dividod ,tJ5.0ll0 G. Limircd B!10€ Sher 6 d Denb.r 31. 20 | | ca;n-i_i, v.lu.d d ir.15,000. srdk h ov.ftllud Tt,t5,0r,o. c) Find olt lh. bEr.up v.lu. of th. follovi'Es fi.s: bt Tk.lo.Oo{ M&hincr, ,s und.lclu.d bv & _ !qa@ !,!9,0!a Ta!3 l?,00,000 in aU - Tala wG ! onlingeor liability in Aci Thc claim *as nor la{er 10,000 !8ains th. claim. Thc I ,OOO Equity shGs of Tk t0 a.h. tullv paid 3,000 Eq!i9 sh|6 ofTL l0 ach' tullY Fid l,0oo Equ'9 shes of TL50 eocb. p:id up n l0 2,000 &rily th.6 olTk lO @h, plid uP Tt(t N.r 's* .vailrbL ftr Sh@hold6 e Tk2,79,00$ Th. empmy $ acqu'*d b) VhIe Ld on lr hnuary 2Orl which pav' i:.oo.ooi 'i n rry i.ia r*' too lhm ud rh. b.144 in @h ThG "r.i, "r t o""i ti, -.p."*uon .nder rh' wd Lm' 3 cotrp'n'arion ;"; h" $/htu lrd. o"d c; Ld h.d @ p.v. ullinlklv. r sm or r'*' e"ii; Shor or wh,t rd ,"ur rl! D4ombct 2010 qd 6 ro ln* l. Th. follwin8 is ln! B.l&. She.t or C|6 Lisn.d 6 .| I !r De@nb'r, 2010: she cdibl: tltoq, shlE of T.tr 100 4h, tuN Dlid 6,05,000 2.45.000 t,15,000 -ems a i,rae ur19 15,000 Wq*n.n! Comp.nstiq4!4 10,000 2,05!!q 2,?5,000 Susdry Deb'ots 36lq@ las PotLid 6.oU! I?JDJ@ r7,q0-@q t2,35,000 ?0,000 shts ot Tdko 100 each. fully D.id t.15,000 5!,@ 2.20.Q00 25.0A,0@ :5,00p!q
  40. 40. / lPoser) lh. dp.nss oflh.liquidation 6fcEcn Ltd. @ft. lo lnla 60,000. Thcac rore ncr b] Whit Lrd. Dr,fi ioln.l qri6 to clos lh. b.ok of thd Cei !d, civ. joun l qLie in th. boob Whnc hd, dd Fdnn thc alhnce Shd ol vhne Ld. cfts lne absoDlioiscompl.td,$u6insL.rdondBuildingsorCEcnLrd,arcvllucddT,kd7,50,000. (8+8F16 4. !) wnat is minority inr.Fst? ft lhoE lny justiliqtioi showinS rinority iDrcE$ scpaElcry ir consolid.td Dd6@ SnccrT Di$!$ bri.ny. b) Wlilt is n.et by puFh8o @midcntion? How purchd. oNidrmlior is qlcllai.d? c) Whlt do tlu mon by i.s!c of rhe .l I plcmium? Dh.us tho Ecordins pt@dure of isue incrsr.d p.nie," Do you rgM? &phin. c) Dtutin3ri.h b.ls*n mNgmctrt eounring . l lintncial @ting in n ling d-hions iFb6iFB, rt4nrinA Ass dc 61. or 2. r) wh.r i! Mr by . Fdlcr'r CM nrio? Hos this nrio k wtul b) Prin8l. corps, slls . singrc prcdu* Tno @mporr's sl6 ud cxp.rs6 tot ! '!6r month J PART B COST AND MANACEMENT ACCOTJNTING M RXS-10 (OEiion No.] b @dt tt r.,1M.t1t tNfnth. r.tt olth.qE ttoB ol Lt pd) l. .) whd @ fi. .l.ftnt! of@sts? Shoy thc usurl iims or cxp.ndituE apt rt i,ina ro n. b) 'MMam. counting is c fi.ld oa ac6lnriD3 rhlr povidB .@nomic infom,rion for all Ie!(Bl Pc!!!l! CI}J 430,000 2a lr0,oo0 12 L5!.00! t!.!!t.J (i) vh.t is th. Donthly b@Lq.n Doid in !ni!r sld lnd ir $l.s Tok? (ii) Wirtout Fsoning to coopltnio6, *hd h lh. bnl @DLibulid tuigin.t th. bt€k4v.n poinf (iii) How ney units would hN. to b. sold ..ch donth io 6 r minimum lrrgd PD6l ofTk.30,000? (iv) Rcld !o ln. risin.l d.r!, conpuio ln. @mp.ny n.Aii of $f.9 i. borh Tah & pq*nlase tms. '4+3+2+l)=16
  41. 41. l. lPte'rl Ilc @pimie. b6lrn@ sheet of Khrn a compdny is ol D*mb{r dc pcsed.n bcbw: Kh.. & Company compahliv. B.l.ne Shcer As on Deccdbq I I !0llaTL) 20ro(T[,) l,',450 1,42,000 15,230 21,000 Aemu|lcd D.9 .quipn.nr o5,000) A@unular.d D@. - building L!9.r! (.!0.@ Ltrbtlid6 d s@cDold.r'r Equitr: t,80,000 (i) ODa.ting .rFtrs inclod. dcp,*itlid .xFs of Tk42,000 lrd th.ts6 frh pcptid (iD L.nd m Fld fd 6h tt b.ok vahc (iii) C$t divid.n& ofIt.l5,000 wrc paid (iv)N.t inm. lor 201 I 6 Tk.17,000 (!) Eqlipmcnl w.s purchsen in 6h for T*.95,000 I n addirion, book ralu. ofTk,I0,000 m $ld for Tk.6,000 csh (vi)Bonds *!rc.onveded at fee vilu. b, ksuins40,000 sh.res R.quircd PEpaE d sbl.neDr or can now fot 'lc v. cnd.n cquipmenrconing Tk.22.000 wilh a of Tk.l po.valu.of common s(.ck Deccmber 31' 201 I, usitg indirecl I6 (4+r2Fr6 !) Dis!$ th. bls of Filwci.! Sbrencrt Anrtyss. b) FM th. follo*ins inlmtioD pepe t Brl|M sh.ei lnvmrory V.ldity 6: C,pital MovE 6lis 2i Fir.d !5sds tohoE 6no'{: G6 ,(lar, D;h elteibD ;.d 2 nMlhs: A@uiB prvsbl. pals.nr p€nod 72 dovs polit w3 T1.60,000. Chstug inv.ntory q.c Ii t,00O it cxces oloD.nine 'nvcnrory' TIIEDND
  42. 42. / INSITTUIE OF CTIARTERED SECRETARIES OF BANCLADESH INTERMEDIA1E EYA'IIN TION - JANUARY 2OI2 LEVEL- II 2OO FINI|{CI I, COST AND M NACEMENI CCOUNTINC rin. .[.ftd : ! lols Tool 6rrk!: roo Ne: S.Nrtu M boot: should be 4edlt.eh put Difemt PoB of tt€ w qrcttitu hut be nwtud tn on d@ ih a * o|seqterce PART A FTNANCIAL ACCOIJNTING ' MARKS-5o (Qtution lt^t i' ..np.tory. ltM d, t*o.lron th. Bt.f th. qEjiN oJthit pd) L TIE Trial Brl.ncc of AB Lrd. s ot 3 1. 12 201 I ws os follows: ', 46,500 11,500 9.t00 4,280 21,t20 t,6fl) 1,200 30,000 lnlcrc{ on Govl. Seutiti6 2,500 I,200 ?0,700 2t0 23,000 20,000 890 lul!! 1r2L0! a) Closing inv.nbry qas vrlu.d at Tk t9,800 b) Bld D.bB.xpe's 1o b. provided at 2% "j rr i, o" p*it* .t o'" i""pdv ro d.p@irc i6 fix.d dsts at 5% p t Dd 6 wilc off pElimid.y dp.Ils nr l0,t al i'r*. .a:.,ir-j"", ir**'*.y R.quird: Fininci.l SbMcns.
  43. 43. 2. L IPlgo.zl Th.B.hneSbeaof H Ltd,md its$bsidi!ry S !td. 6on ll.l2.2Ol I rE gi@b€lor: H LTd. Sl.d, 30.80{ 32,300 r.g!.t!! lt!,!!! SlrG ol ft . 100 4h fully p.td r.tu!.&! &!lq! .) Tl'. Dit!d-. ofH Ld. h."" d*id.d ro d.l@ dE rtd & Buildings 0!d Mtchiftrv of S Lrd tt T*. 400.000 dd Tt. 298,000 clelirct 6) Aq!'n Pry'bk oltl Lld. includ.d Tk. 24,000 d@ io s Lld , "i i*r.a; i"'o'" r"r* prv"ut" ol s Ld Tr' 8,000 due to H Lld., wh's the NG R@ivrbl' of H Ltd. includ.d Tk 6,000 due 6on S l-td. dl H !ld. dislnred Noret ol TL 2,000 issu.i bt S Ltd Rdolr.dr C.ldbr. co{ ofonrol ind the m'nonD int.rcn A & Co.lrd a6sd.d B& co lld d3l.l2 2oll ThcBalanccsh@tolB&co Lld 'ron 31.l2.20llwsdfollowt B&Ce Ld' B.l.trc.lh"t arr3l.ll.20ll 150,000 200,000 ffL.0@ C.ph.l r.d Lilbllhl€ iiFstrcorrt to*h 300,000 100,000 50,000 5i5.!0!
  44. 44. / tplsc-rl Th. mi{t€tslion for lbF prion inctuds rhc follo*jns: (.) lo isE bont in f.vor ordc bdd notdc6 frcn A fb) b tuLe c6h p|rncnr of It. ,= pe, ehri( and ro Co.Lrd,,atomrrkcrvnt,,eoITk.t)/= nc,!t r+ (c) to bk€ ovcr d. Accounk paylble; (d) nd Io Gr. ov.. bdk bire; {c) ro isnoE liquidlins qp€nss. R.qrird: Ralidioo ?uunr ud Sh,rclDtdcu Acoud in rh. b@ks oa B & Co. Lrd. 4. (!) Why h pmtu mt shown h dje Rev.nue A.6unr oil-jfe tnsuEn@ Companies? (b) Ho* is od inlergt qtculoted for lnc bmting compantcs? vnc. e lh. olher hea& or incoDc or & Co. Lrd. ar . prcnium of I e,6; drd one ,he ofTk lo/=eaci in A & ofcvcryslErcin Il & Co. Lrd.i (c) clds't oss sd ,ixd .ss.ls m nor lotu.d oi ttp m€(d) Vdu. of shm un<ld ditf.cnt tuhdds m,y rcr bc sa (r2+4)= t6 PART B COST AND MANAGEMf,NT ACCOTMTIIC MARKS-50 lQetioa No,1 k @ntpttsory. .,tnseu rt} t lhn th. ree.lth!.twt,itu o!thispd) L (r) Exphin th€ linl bctwan objetive ond pcrtornmce nanasemenl (bl whdmrh. mrdriltds3.boj mtudr;g un@ Dlabte j:b In. psrollme Fpon? rcr wDd G the v!ro6 d dd nmalr msidcmrion lhar hrK b bc @rsn Db.;!d b.forc. @p|ny @ r,tc . d*bion io nulc o, buy @tuin pans or sub-{smbtis far @ iD ic (d) lr i..ften 'uss.s.d !h.r de princ,pal budgc.,rcrtr or hmr,ns rador is of v,d rsnifiLsc. ro ndrg.nor I rpt.'n thn. snd su$e{ ! t, dJir,onit comptrqr ons miSn, air L qea rFcrc jmore the on.ljmiring idcroA inabusines. tj+3+6+6)=t3 2 (n) A..0, md C ft-rhE. tbducrs sirh mrqi,l,i cojs Tk. I O, T1. t3 md I k. 15 esp€rivcJy ag.i,x! slling piq ofTk t 2, Tk. l5 sd Tk. 20. t,ixcn ovcd€ds .nount ro T1. l O.Ood ,.ind ;d:- i) Pmfi( 6$miry pmdrcrioN .rc t0{0, 2OOO d 5O0O unir rcq,cc(iv.ty ii) Rrnl rfie pEdkk freh pofibb,t,ty poi of!ddum,ngrIJ*teFrhetinrrncfrdd un (2) oprc'D m mfhie hd'( s kcJ ,.cror r,n. kl.n Ior ci-h :. J0 m,n;$,20 n'nures{0 4r nrnures Especr,!ctJ D$ unir. rb) ]1lc P/V Euoor pod(r X r )0!o Th.06r p.runr or 50oo spe,O Tk.3, !ei'bl. ovcrh.ids Tt.2 ?nd li^.n orc 6d" rt ). Ddeninc tf m. grc$ pmfir !.en1a8! is .o b€ @cd. A-mpL ftdy rclrrdiia ords sia ved-v& elcs ws undekcn Thc brczl up.f clci 1l10,000 $16 in diit rcnr odq si6 aoutut by sucn ehptin8 com.s ro: C. Upro5o trrirs jO% B. Abovo 50 bn! up ro t00uiift SOo/. A. Abov.loounib 20%
  45. 45. lPiso-l1 ManDf.ct!.irg cosl lmounts to 7cryo of slcs valuc. sclliig cos sounb d ifi*nr groups of order sizes. Dktibution cxD. ises lrq I 0%, 3% and !.1.r .dministation qpers may b. tot.n in poduction of bbl or cxp.ns. It com., to 5% of slch exp.is., T.buln.lh. !bo!e infmdion lo sho* lhc Dofitlbility ol $. diitsenr od.r si6 and oD.ims od.r sia is dcrqnin d, suga.sr thc li6 in which non{ptimun siz.i ord.6 should a. Th. n.in flcro.y ir Frd*ina { rh. Lrcl o127.00o unG, .ldDugh i6 ins!.ll.d qP4trv i3 40,000 !nic. Ir is propos.d io inclw rho Flducijoi Lry 33.11% oa$c *idi'8 lcael, it hs t F@dc Felory supplying tfie min otnpq€nl 8.4 4 uits of Bai e FluiEd fo 4h utn of d. Drodlct of Mntr Flctory. Dut in t|| M.h Fdory rhcE i5. p'@$ 16 of 10,6 of iipurs Th. !cd6 f$iory l$ a apsrry of l, 80,000 lnils- Th. cxra Equiremdt or aa! dE ro ptopoed dposion of the Mlin Fetf,y i3 Flpoed 6 b! purcha*d fibm oul5id., a l]l0 iFi.iliis m;tet pricc or the se is Tk. 20 which i3 lds rhan cos:r per unil ii rh. F.od.r Foctory. Prst robl cosl ol tic Fecdq faotory h ts bclow:Ta*! W.s.. @ p.id @ TL 5 F uoi! dd tltc bd@ EFlst5 DA .nd titsc b.rcfits uDom.clcd wirh Fidusi!. Pbdudim @ hc hcEi!.d up io a(,96 olln. dici4 I4l vi$ rhe r.ft hlou f@.Tt Fcdc. F-1ory dG no. e|lolt $c Bdr mpo.'4r b dnas 6 a nliE Potrcv Tcli 6. p6rdl fs Ftrcts of dE .ld! EquiEMl of B.ra non outsida 16 l6 12,00,000 lItE END
  46. 46. INSTITUTE OF CH RTf,RED SECRETARIES Of BANCLADESH INTERMEDIA'Tf, EXAMTNATION - JOLY 'OITLEVEL- I' 20 TINANCIAL COST AND MANAGEMENT ACCOUNTING Ti!..llotd!3houE Tol'lmarl':100 No/l: S.p@tu Mr bo.ns shrtd be 6ad l.t loch t ri Diferent Nts.!th. sa.E qreiib, htlt b' ,Mred k d. pl*. k tudt af satw, PAAT A FIN NCTAL ACCOUNTING MARXS - 50 QnsiuNdl ir.on? tory, A,sett ory ttuJror' th.rei ofthe Itdtia6 aJ kh part ) Frcm de following Trill Ballnce of A co. Lld and ihe additionil inrormation siv.n balo*' pEpoE s Incon. Sld.rcnlfor lhc yt{..d.d on 31 122010.nd . Bllmce Sheer !s ar fid 31, t2.r0l0 o iD iiD viD Th. Nrhoruql c.pibl of rh. coBprny h Tk 200,000 tDv. oR on ILt2.2010*.sT1 t5,000 Dc@ilrc.euiDm.nt rt t cf,' Dd R.lm lN r@l> d T* 4.100 t 6or.:d*du. n 4,3mmd R.nt& l'dprcp|id Tl 1.0n0 Irann nt ir@me d@ Tk. 2,000. TdnslsTk.10,000 io Gercdl R.e s lr Uncollcdibl€ D.bB ExF.n$ Dcb.duc lnteEsl Erp.M 1,000 r,500 ?0,000 3,145 25,000 3,000 625 3,000 3.000 Egriry Shft clpiol 1,000 $@ofTti I00ah 100 2,200 1,000 $.0J!! ,L04&
  47. 47. Bilince Shr.r olMrkim Lrd. ai d 31. 5% lnrtufl in O@r Bdd .r cod Acaunb R.aivabl.- .ll consi&Ed Bood I4r IcI: 300,000 720,0!0 __21!J!! 2-l!lL0@ I10,000 Lt00000 !4!.4!! i) Th. C.nFry s pbsFcr f* 20 ! I is.qu,lly!ood. iD Pions fd tlF hi fouy6 hlw 3hM r im|e oaTk 50.000 rinully iii) Buitdi.g ft srth now Tr.240p00 &d Funiturc Tt.3p00. ir) ConDtn i.s of sinilr nrtlE aE sho' ins a pofit c.ming ctpacity of I 29l. on rhe n.rk r v.l u. of You @ EqriEd ro .*st!in lne vrlu. of.$h sha€. i. Th. followirg is tlt Bah*. slEt of Nowshin & Co, 0s d I L 12.2010: C!d!!r&!b!!!l!b ,u|honed 'ri Prid{pcryibl r0, fio eh.c ofTl- 100 A{!c esd!C3!!U!!!! Cspit.l 20, 000 shaB ofTL l0 Dividend Equlierid ruid A.ctrnular.d d.pFi.tion on Lind & Buidine 30,000 E!J!! uqQ!! f '-l t L't 32,500 2t,000 12.600 l@.!! _&b 30,000 35,00o _2!,!!9 t0!J!ll j l
  48. 48. ITh. mF y i acquiF<t by sumi & Cd on lhc aboE ddc. l1rc purch.s onsi&Etion-for the M'nii; dth. di;h!s. ;t d.5.nruE 1. pRm'um ul )o4 orins ov€, th..@uib p!v.bl. rnd d Dam. of n ? id..sn &d on. shrrc of lr in Sum' & ro rr r alu€ of tl 3 Gr he in.r!h.n* i;omsfim in Nowshh a co. The con of liquid0rlon amounrins ro ft 500 is to be bom' bv the R.qun d: OF.inB Bd.@ Sned olsuNi & co. 4. Frd $. folloving baldccs p€P.rc r B.htre Shccr ofconm.rc. B.nk Lrd asd3l l220l0l PART B COSI AND M.A}IAGEMENT ACCOUNTING MA.XXS - 50 Q!.$ton No,t h co,tputtur!. tnswer nnr twfon th. E t oJ the '!uetion: ofthi w| I. (.) M&la.ftniecornring 6sist in corpomtc plsni.g P'@$' lxplain ibj Rnio;ialysis is only a td[iiq!', rd m.kinsjudsmen6 dd nor a subnnu& forjudF nrs (c) Mdgin.l costinS techniquc h.lps in td) WiE. not on n*iblehnd8.rin3' ? (n) A ruufrduring @pony poducB r sundtd producl @h unit of thich h^ dner m'tentl - ''""si"rn.laoa'"c"i*2ioun labour. Th. tixcd cosrs e ft13000 Labour F isTko50 Da hor The $llin8 Pri(e is Tl l0 i ".'mr war riboo tro ten ec'v.d tnJ rie eiim!$ns dePanmcnr ol rhe LomPa j fd' Bqbin n thc aollowinB falt: i bbou rimc @!iEd 200 hoo6i 'it Macrial'ost Tr.laO b.{d.e{ or ! rp.ci.l componcnr' Th.56hlco'nDon.nr an b. pu|htued fiom our"de @ Tr r0 or mrdc d ld oq LtdcI " r 6{ iL.20ld mlbitl dd odd,rion llboLr rm. of 12hodh CohPaD) lrbo r lo'i'o : iX'i*". *"r..*, .t*. ."-panv whar dtior shourd bc br'n? Lr) _R.l.vtur nnac k thc bsnd of mnml NtriU hc ' F s pecifi' - "ii-Jip u.i**',r,. rercr ora.nir o,;lune rd thc 'or ' quciion In rh^ i 'c ' *rrrr rcr*ics orc -t*ancnngc 6'e;r plav iD eiDhinins how cosrs bchav'? [Pas+3] deoisior makirca3 5le i!contollin! corr' Expliin (5+5+4+4F13 ,
  49. 49. lPdeo-41 {b) Etccl€d Lld. }ill b.gin ldding d I J.nu.ry 20i9. srlss rcv..G is bldg.tal .t Tk ll'tooi Tk.I5.50{i.id Tt.l3,OOO fd JM!.ry, F.brutry and M.rch of 20x9. Esperiv.lv S% ofsh.Es lill b. ld sh. Th. mind.t sill b. *dit sl6 a dis@d of 5% will b. olf.Ed s all 6h ele Thc D.yrndr ptfl.d fot cEdn il6 it .xpat.d ro b. ( i, 'nvo'4 pad in th' moith 'n'tst6 7Oe!,iirr rioi* paid in tne ssnd monrh afe-'le' ?790, 'i"r brd debts lvo R.q!iEd: Budget.d onotrN rob. rcc.ivcd fioh crsomcE in Mtrch 20x9? .1. Thc i$llllcd ot ciry of ! f.ctory is 25,OOO unit As al p@nr podrcrion is anriq'i b 20,000 uirs. M!*.. k th. lihiliia f.tur. The @51 is: THf, END PE* sellingprie isTr l0p.runir lvoofi.shtvebenrc.q'cd ( I J Ofis ro rupply 4.000 unib @ T* ?0 ro A C6v.mment D.prnnenl (2) Ofid ro spply 5.000 u.!6 @ T* 2 | to, CFp.d ive seicr) lo) Advb? th€ tun.sen.nt whd ofid should b. accepbd and whl (b) wh.l will b. th. n.l offcct ol profildu.lo prioe di* minitionb.tueen (r2+4F16
  50. 50. f Nstn; oF cnARrf, RED sEciETAr{tEs oF t,aNGL^Dris rNTtrRrl'nDr^r'U f,XAMtNAI ION -JANU^ky r0 LEVEL - II 203 S lNANClAl4 COST AND M/rNAC UM tiNt ACCOUNI TNC Tin.rllmql r3 houn ldrt m{rkr t00 Nor.: s.Nc. ntu book s,ould ba uid Jot a@h ?uL Dina4 ptrb aJ th. soQ qrcttiut hN h! @,..1 h @ phe i" order of eq@N- PART A Ftr{ANCTAL ACCOUN'TTNG MARKS.50 (Qturtiq No.t is co"vrtiltt. ,t,wt ary t*r InD ttr tu! oflhe qwiiM olkk twt.) I T]iclolloaiicisth.TrialBalan*of Soiali Limircdon 3r.t2.20i0 '0 5.[0 2,500 O|IE FumnuE lcGt 11. I a,o(}l)) 2.000 l2l.r60 2.920 r70,000 a$fig) zll!"10,! I,N|j8N Ins c srarmcrt lortu tqr{ 0donll.2.l0r0.DdBrlaftcsl{drsd idddcl|lrs riki',g into @D.id@tid rh. lollowi',s i',loduriotr: j) t$our dD.ns pEpaid Tk- 10,000whcest yoll?xp.nssunpaidTk.6,340. ai) lt b lh. policy ofthe mmpany ro charg. dcpEiarion o. fixed a*lr @ lf/o oD co( Md p6vd. for had and dout{61 &bB @ 5%. ni) CloiinginEnbry n 290.000tmrAct pri4Tl. 125i000:. ir) Inom. oa indnMr nd yer beD ccivcd Tk, 10.000. !) nE Did'oB deidcd ro (r) 'nnlfcr rr. 50,000 'o cctrfrt Rd'vc. {b) r fiiir riyidq'r or vi) Asum. tL Ec a 15% 96
  51. 51. ,2, Ih TIF tncoN. SllLm.nl ofBela Ltd showcd a prclit of Tk. 60,000 6 oo 01012010 A divid'nd ;iio95"a6idon l 5' Ocbb.r, 20 l 0 ,br rh. y!.r 2OO9 A'Dh" r td in'luded rhco'v'd'ndroits lrcon.Sr!(;m.nt.althaLrdr.quiEdrh.shldofBdtLrdon0l0 20l0 Th'NorePalabr' ois"'r Lra, * "lr ;*pt d i" i*or of Allha Lld Thc notos *ec disountod bv Alph! lrd imhd.d ii rh. A(our iD.ylbh ot Alph. Lid, n TL rO.0O0 ror s@ds suptli.i bv 8.h-Ltd Th. iM"iory or Abh! hd iftlude Ti( 16,000 for Soods sulpricd bv B'b Ld d ' p"n' ol RdulEd: Cdelidat d Bim. Shd oaAlph! Lrd sd iG subsidi?ry Beb Ltd I Followirg ir dE B.lane shet of Agini Lld. adde Sh*l Alonll,l2:0o9 __-4bu_114 l'rBrn.nr(2,co0 shlFs 'n Bec Lrd ) ?!.@ lJtuloql ShlE CDitrl of Tt.lmah O.6l R*M c fl 01 01 2004 !!,!!! !0.000 r,uoqD s0,00t 6iA Mlrrcmklrrcd (ma*.r "olue rk l!,q bL- r,000 ?,500 l5s! r5,oooEe;iTr:'o@ tiiT;unb.'.ifi Prrco;;ilE4lf 4!!! 2.5!l! 25S TIE follosing dldir'orl 'nfomdion !E 3iv.n ,ir FitJa!(s rndude lmd,nd buLdmst ro*n i re brt ce *l Di.sntFa etvalu. ofrhB isTlt 14'500 (ii ircfits ror rhc l,{ 'hrc. Jcib rbcrotu ra) }(( Tr 4 500 n (iiD Di;id.nd i.id o' .qsi(v slEns ror thc lln dlrcc velE **c: (ir) Nomd Etum of sioilar equitv shrE! b 20% R.cuiEd: Vtlu. lne 3ht6 of Agrmi Lrd q-i, "t
  52. 52. lgcllv R.duce *lline Pricc bY s'l.s vol! cexFcrcd ro o'@oy J- -Z- J J L {i!i.f!!j.- -e!!$-!!!gil! t-.5odoaoLrw chaB.E r0,0!q r50,0Qq roJlq lnd6t on dco.sil3 185.000 20,000 Aeum'laGdPrcfir )501q!q 40,00! 90,000 Prinims lid 3trtiomry I"nt uitt. ois"ou!4 r!,0!0 6800,!!! 6.$!,qs R.qoirrl: (i, Inc.n. Sritcmcd iid (h) n'h(' shd' (3+8, = l6 't PART B COST AND MANACTM trNT ^CCOUNAI NC MAiKs- 50 @Ation No t i'..hqutsott 4tt"") 'it ti"p^ n" 'n "ttt' *altioh! olthi' ?att) rlr ExDL'n rh. olc of! madg'mcnr ecoudanr 'n Pmtid'n! 'nfodaron ro Dp man'gcmcl f"' .';|"!on lnd o'rcl or busins opcdfion ftl o,n-g"i.r' ..-e".-t "*tntins 'on con a€ounrins ( l0*3)- | 3 rr P6litplrnnin8ki vcD imrnndhl n nm^*ikldaiio' mtlins fplain 'b' PDd"cb A 4d B atro., prcdus Prodd.A tun!€$'d,$ r;,1 lki 5::i "J'l;; :: pGec{d funl{!ri(oiol rr'o00 E-d.rhs odElrt -,"ai*.,"rot, t....00, ir r not "r rtrc sot,toflpo'nLo' pcsed llnh' d icos.o ifri'il1"i']iriiiJ"lii;"iu'prce$tdtunhebvdcLompa"'^ I3-r0r'Lr iil'r*'l.s:'"*n;":"1::ir"*x# ?,,t'""il? j J'r.lilft.';Y'"d.rli:: #."Ji$l:';::,rHlll;'::;:.;TH '. *'-' -, *,. ,lEmLi"i srd.srs for the ronh@n'ngv"i v' H.lf";. "*-' "."" 'thc srm vdr' *'ru'B th' 'rkmdd' 'hre3i6"iihbre rod.6;9.ny Md $k -hnl' kLh( 'not pdnuo* cond... Pa
  53. 53. IP!s'_11 4 Th. Globtr minulduring @np.nt m.nufsiuE, i@mFm whtrh isfintllvrffibl'd b it' nain Dodk' Thc M;mni is podue! in M manJr.curhs sr.p> Tl' noms "rrLil ptld;Fn or$. p|dll;5O,Ooo u;its TlF rollow'ns 'rc rlr r$ded 6r olFrrominu 'nc runufdri* thF!: !,r^ut r 10*41 Th. orh.r ovc ead, @mprisinr bolh fixcd .nd valiable ov.ihcad. is allocd€d d Tk 16,000 + Th. ..ntn.r] w' l l nd Fqu irc mtnu f'cturing StcP l , r f omp.ncnr rE bouBht lEm ou6id' Thc ouEi&r ili{pply 50,@b units 5 ydd 1i4 3t pcr unn flr companv will h.E ro p€ rrciuh' of Tl.lO.O00 per Fii .n Du(lEs lf $c 6np.nmb rt putchsd. ftk will rcls € ntc' &cuDi.d for;erlmins mhurdctu ids SLP2 The opporunq .o$ otrc sprc' u l 0 ('00 Su!!!n vhdh.r th. dpoknt shorld t mnufrcdtld insid. trbNshr f@ Girb. (3+7F61 = 16 Cds lo. M.!!|-.r!n!s si.I! S!!E! Nil '71,600 55:00
  54. 54. N.G: .f4r'./p .rs,.f l5,,rt rlor,ll h. rktl ld (th ttt @iE4d i' dt det it, ord.t oIe.tNIw INSTITUTE OF CHARTDRED Sf,CRCTARINS OF BANCLAI)F,SH INTf,RMEDIATE EXAMINATIO' - JULY 2OIO ' LEVEL.II 2|B FTNANCIAL COS^T AND MAN Cf Mf, NT aCCO{lNTlil(; Totrl frrrkr: l(x, Difetot t,.r': !,1 ttk anft q,Nn'n hN be FINANCIA I. Accou NTlNc MARKS-50 tgt5dm Nn t I tutt'u^4. :t,,.t dt hv'talt tt^ ' d 4 t|^ 'tt'^tu^ !'/ lt^ rt1 ) o Lt ao'!l! r: rom i['n'itx'rn,*,Ll;rllurt, .li TIF d prcfir .5nEd ad divid.'i paid for oth or'rhc hi ri{ t!.i $rc a 'dr ows: Tfi. .qony i.E oa! si'rihr o'iAdy s[5 n rlhbft i niinlm hE ofdivid.nd Md rhe pron c brsisola dividcDd of ll% nunrhaCodpDt lrstrNtr0ldri llt. ?0,000 dlbc(r A) ?0
  55. 55. oaBmile lrtl.6 0i i I l?.?r$rrn osnB n ,b RrlrnF sktr r6!0JIl {.9l4' lrFhl. -_- .t:l!t riv.nncnFlzmn sh.6.lA co rrd r h"'" c.P*l r l)lD.,'|"" l1'rb lt1i'l i.rr ^r i( N.i!- riYJbrL oi D di$odtrFdbY ^ co r'ld 550.000 ii:ili:ltl.liL{lli,.t1Tli 'Jl"'n,dio, o, N xhov, , tridi.'s i. P(Pft . cu Bd'Ja! ro rt i':i i,l:T.illt::,lllll':.;lr:'rx;::r,:l:rl;1,1;"iir;l'1"'i'ijl:'i"l|lll'""1'l'''"'
  56. 56. lll_!c.:l rc) Tr. ro.(nt is irLidl ii rl'r ,r rr) lh! I'Numuy ur'B.o Lrd {h) u*^ of Fii.rin sbkm.nE: ldl Motr.YNcii rsrorrNdrc.r tQwiht tb.I | ..n'ttrn4, )^r an tu n u tr! ! 4t tl th( qtrnne nl t,^ ron r'lrrs b{-N^r^'qnilirtulru,nlini(',hs$lr{ Di{n$ qntrllii! ll$iru m n.iihin rhc nrc{d profir rbl erobin co*codtur'.nd con R.tudiotr rid 'ltririirc.darionsh'p (Jl sH; r i'nFd;N or d$r rr! irlnr'itr [Rl:dirg ii lJ '1] lrl nhiitrffs'licir i'klrrD.' so1$Ni,i L.rl mr'r'idu$rlnir t riilLo{i'is ori)rN 5rvrrntt llHe ismutco$erriof Erir cllut!ruftrAsrvtol!l Strggsrori rlt e$ adc ror i0dir! {is: (n h rti' cl;! ic fihc h] f ir rmlri)h iNrciiig doi.: nr wh d, oflh! trn, !'ggsrii tr tr,|d Y I Tstrl tr{ic hn i {rdrd vlri.hlc iri{r';'durin3 c.{ or lr 3lirutrtrlnxtudl inlal nhdddM .rrs n t.1 10.0{ro pf 'tutrri od {indirJ wltr c ol l l.lxxr u rs llllNrrl{ rkr rld cllin-l 4'xr lolloNif!id v ry h liM y. rr$ru$y d Mmr ^it rri r: dirft,rq ir ry. D 1r
  57. 57. i,ariq INSTITUTf, OFCHART'ROD S'CRf,TARII'S AND MANA(;NRS OII I}AN(JI-ADIiSH INTARMEDIAT' EX^MIN^T' . LEVEL-II 20] FINANCIAT" COST ^ND MANAGEMENT ACC(N:'f IN{; Tin,.{llwed:J hou6 N.rL: iL?rrd dxrtr.t /io|[ vfrit h( A ht ltth 1 Dilldlrt ])rt 't ltu tr' 'th," urn r' i^'rtt n, ut t'ltrt ,t .,ttt .'l !{tktw. ItNANCtAL ACCOoNTIN(; MARKS- 50 tt-r.iii N.L1 k ..mptk|!, lntnt' u! tN lh,n' 1rr L.tr ol th( qh|4u nt n' ttd ) tha rollnsi',! n rh.l".lBrtircc nt A & Co I td. a Dn i0060( I ocorrsam"!" fa*;r.T;Ai"br" - rrkl | . !rcin Brr*nrr l. 120.000 Acstr si'ryrblo 30. 000 I ^EruLr'd&ptrt dei {D.000 {,'rrr.'lir lr lr,0.,Nl' u0,uuo Mu'r!J!! L'J)L'L,lo 41.000 | Purcl'rse Rcr'n'r 040.0o0 | R.r,in.d E rnd-!' I - L{q- ?63.000 l.I t3. 000 ,0t.!! e.i67,000 il l.rc oryonhando10.06 09is lk l.ill-lll0 hr Buildiils!Edepdidcd rh. mEoflTo D r c) /ccnLls.lli'r Lipur$i . rk 66,000 d) l,ruprid ltrsumncc Erp.trscsorc'1]i. 12,000 i) 1c.n,rd l"coittiom I'tvc{med Tk. 4. 000 |l hu c l0*s m ro b. uin{di at ]uv! $) .urlui4{ capnalor'rhc co lriv is dividul i'k 50- 0rlr'trE rsor Ir L[o!nc[ i) hNllr l'k.lllr- 0lr0 ro(;cne(lltc*rvg ii) pryd videidsol ll 4 por sh{,!. R.arircil: I',c.ru St cncnr ad thc )@r cnd.d or i0 06 09.id rlt llihtlc
  58. 58. 1P4..4 Tnd AahN of a codh.Eirl bllnr Tn.l arhft. 30.06.09 n! iB eqtriRd ro prplE ri rncon'e BalaN. Sh..r.s r rhd dat aherkr'ns Shr.m.N for the ycr cDn.d otr l intos@! ne IoUoNi"s i'ian'ntnn': t00.000 p.r aitrun. lhc io'i'.i v.hrc of F.quirt Shr( $d t" !i 62t.858 331.431 1.142. t20 24?.220 6t3.ll8 9t.163 5._176.701 ar I'n rn.ccru.d.ndoudrndinswETk, 12r.195. hr 5rl'i6 includ.s Tl t0. m0 p.id ro rh. MsnrSine DiEctn c) Porid. Tk.l7- r00 fo'd.peidian. d) Liibiliti.r fd Acc.Aane EndoEncnlt d. Tk l50 000 fi lnrrlcr l l l00.000roC.Nn'lR{eNe lhcpaida'p!rpihloia!o panycotriisol100.000tros.o j7oPdriprrr) l''cldcit.ri'a' .l fl,.l0 !$1r., 100.000no olllq ryshiNsoilr.l0c l, lhr PEr'eeG ShlEhold.E 'c enrnl.d b padiciplt. ii ! !l8e ol p'oh' tr' rrt! crcd !i r tunh.rt%an.rptync ofadividcndof l2%rorh.Euirvshach arrilrbl. ior Equiry ShlEholde6. Th. ndn.l a*68. pmfil (atur hr) ol th. Mp!trv is Tk. Rrn ipplic.bl. to rhis typ€ ofco'npint i l0% on th. nomrl r PRLrcncc Snircs rhich aEp.nicipntirrg R.qu'ir.dr viLue oled$ cl.$ord,ftr r. ine ft1 tror$ or (',tj /o,.): ar.hr C!Ditl Emolq€d. Ptrnh;k c;n,'dcdrion d' l!re{'d 846 I i t ! I I :
  59. 59. { lPaBc.rl . PAI{I t} COSI' ND MANACEM DNl' ACCOII NTl N(; DIARNS NI tpeniut No.t ^.n putr'.r, 't^,rr lurttu to,t tttt ^t 4 tln rr' 1ltcchrioN lilsi rlr Curtrtrrt s.ururdy Llnv. hcor rLbniIrn y r R,le ir o a rul( ds advier lo tu Bord and sDi(tr ar4otrrcrl ir rcl ort,{'irr!!rsr,r corDod. ain.n inl infsmstion. ln rhis cffrc{. co'nmc on ihc ,i |o (r) Ap'.ft !!r isRslrnBibl! Inrscluoriig'cvcn'c.bsl i a n' (t Condburh aein is b$icllly a !rcn{trtr planii'rs nki rid dditioB Nrdin8 b rempodr' us ot c.peciry- spcill ordea An i cdn$ i'r t ol$les *ould typically i'rcto!$rl'e ru'nover lf apod@rlin.h.srncgrtivcsegde margir. il6.oncLlrvc ofau6 htrrir lotrkr hirr r' ovidctrccrl rhcpndLdli,r Selli'rs price p.. utrit (i'r Tk.) v.i.bL qF$ p.r utrn (in Tk ) co rih ion marsi'r Dlrunir(in Tk ) '; lr rhe nnsl ieLL r 0rotrllt.llt $nP.ry $ld 400 utrnr dl l'ln)dKlx d 6l)0 u r s [ic'l cpi N r! l( 5-000 Nf trn h sl'uuk bcdisrrinu.d. Gt (Gr rrfl in Ehyrr r d.da rr€trud'{o,tr mrrces{}trcwd d indh( d(ni q (l) A locdiotr 0llommotr lixed coss to pedld lrNsard ro orh4 5eE q'l! o i ()rfd') ru I rlEmaMBc' roeiirhcproductlineorrcSfrstrr6prdlirrhlc F-wl RduBa C@pary h.s thc follryitS dft fot is Conn.ctoa D'vN nlr hn lqi (i) Co p rc 1$ eruru otr ilvestfre (liol) ror $c Co!trcclo'r Diviriotr. usi'r! r!'giD rr (iil CoNpurc r 6idul iNotrE tor dt ConnuctoE Division A rcduction in op.Ering a$cri will incrcas. r division3 Rol. il eler and srpci5"5 lcrin I trNh.nged. Doyou asE? Expldi'r L{llrl) ti 6 l6deCo'npdtr) poduces atd lllsr*oPloducs X ard Y Dnu cotrccnnn! rr'( frtxrr6 it r
  60. 60. (iii) (iv) Co'npDrc incone s[brh.o! fd rhc mon rcccd i,oi ln' P(!n'd5 x rtrd Y 'cipcdCo'npde rh. ampdtr) Dvcnll monrhly brclL.crctr lr)nn i" !'ru 0akr) lf rh. mgany @nti',u6 ro *ll 1000 lrirt, itr rohl..rch Nrnh.bur r o rhd s .qul nunbd of uiirs of 4ch prcdFr G b.iis sold- sould n.i inm ro ris or fillt Exptiin. R.fdto$.drtiinpan(iii)abov!,ifthcs!le!mix5hitud!crpl.nFd.sord)oLrPecl E compdny monrhy brcat ,even poinr b nke or falt? lixptri,r ll) a,j,,, L6 Chift.Siig timb.rM.rch B!tr',uall] manua&t!fts 10.000 uhn'^ i r cun ol lr lune'ru' .id th.a t d hone n,rl(.r nv thce ic volumc of plducriotr d rhc slc pricc ol lr 3: Pd ch,i.li ih. !.f 2007. ih.rc wls a,llin th. d.mand.nd e 10.000 chrin could bg sold !n ] n Tr.74.r0 !.ichair. Th. aidllsis or.ors ror lo,ooo.hal6 n Th. leiEr m.r*et is.xpbEn lnd n is folnd thd ?0-000 chiiB cln h€ eld ar Tk. ti lo nr' .hrir Th. lir.d orcd.rd *ill incEre by l09t in rddnional pod Nonhhilr r. r'r roc,phf rhc iorui,en mlrrcf T3l! r.20,000 IITE END ,
  61. 61. IiTSTITIITE OF CHART'RDD SDCRETANI ES AND MANAC f,RS O F RA NGLADI'SH lNTf, RMDDIaTf, f,XAMINATIOi..- JULY 200, LEVEL.II toj r"rN^Ncr^r" cosr' ,{ND MAIA(;|IM rl)i'l ^( (1)fr1c Tincilotrcd:3 hduB l{rln h. l Nor.: &rrerd dNwr &Dr r/o,t t h. A.4 trt lth rur. Lrlleht tdr of ltk tr q^tnr uat r. . d6vnd k tue plrce il' ud(t t,I kltto,c?. PARTA fINANCIALACCOUNTINC MARXS 'Ot(tkik,r Nt.l i crry n'ry.^,t!!t d, ttuIt.u ttu t6t oJ kt 'tu^tn,t rlth^ rut ) Fro'n tft lbllo*inB lrirlBak rcor'UPCorparyLrd.ddrhcdddiliotrdlora'txiioirid' bcloR. prparc.n lncom Sr.rctoc fo'thctcn cnd.doi ll Dccc'nbci ?0n3 i ld a lrrLarcc lit" Dcb.dm -A@;iii itv"brc _ .l1]qNcr tunhos 671000 100.000 1.1!q ei,lgq La & Buildins i.220,000 sh* call A/C {250 s urcn r:. 1t0, Q0! (i) Diftr l.b.nr aftundinB Tl. 75.000 rh.6s l,ayblldt€tr*s prcFid ||. i0 or0 (h) closir! ifvctrrory Marltdl p'icc lr. 50,000,conp ce Ik 160 o0r) (c) ftis E pfrctie.arhc qDr{rry ro dqircci ctrroviblcfii.J.r€rsd5'/'p1 ddbO'ornld for bid ..d doubrftrl debt ar 2%. (d) Th. Board of Dircdos d.cidcd ro- kaNrsTt 100.000 io Csmd rc**c ( ii) dc! rrlivi,lctrd or'lo% (iii) rorlcn dr 3hrrc( i', d.fauk. (e)'lh.C.pnalolrrr.co paDyiidividcdinb50.000sharcsofTk l006ch () ^s$,crAr'!tr,1'!r5l{. !!.qtl !!!.4q /!qq!!- :-!qi4q
  62. 62. { ta) HoN on p{rche @clt rrrie (b) Ihc BdlaNc Sh.et ofx Co Lrd cson lr'D4trrb,i 1003 w8 15Inlb*5: ' suu-uil i)!.!!!- tuqi 6li lhe I Co. Lrd.ag@droutcovcrrItr $srs(crccprbult hrlutclN rh( lirhilirius oi rh' Cn. Ld. utrdor$e follo*irr8lenns: {u) nhil nM Mtchinery sr l0% ororc. l|vdt cNs0r l0%abovcho'kvrlLc ccortrs Reiv.bL al t% les thtn b@k €luc lb) The 6o.dwill ws igEd at Tk (c) Th. Prrchas coi.id.oron wa3 Tk.l?t. (ii) Bllotcc kJbc Pr in'orl R.qrircd: Cl@ dtc hoob of X Co Ltd' 120.000. bb. @idro$e dERhold'FilX (o Itd ir'tr'' rcrcii.oElhf o lr' LLrur'LL'cYcu Lrr urJprrcu of suD.r nrulits E€ls llR **brcc of g'odlwill' ri,rroi'u!d{:!,,d.1'l'1,! vlqll!4r' $ r'! t ;h' trr.i"r"i""br" ^"-'8" r^'lr': ic) Moft' { Csll dd Shon No'i(e: (0 RcdsnFbE PEltn.s Shic ii:# Ed6d,* .n!an s".r' Rdined Elmins! t.500.000 rreN!E$++!. ''i#+*;i#* 2, t00, oQL 1.200.000 fi-o*.-tsu*u'14 Pdvide fund DeprccialiotrRds. e A!!!4!.-!s!!!- - ,_!lt!.qg r5!.!!ar50.000 E,600,0!0
  63. 63. }qrr t1,.,3.. rt PART I} COS ' ^ND MANAG CMEN-I' ^('('0UNTIN(JMAI'KS- 50 tlrktit,t Nh I A tont'tletr. .|,ftr .,r htu ltur lr t .l t)n nt -Mr€erd xcoonriE rcus nrrc $nor.'. Do yd rgd lirh 'his cdsmmr $ nor? *hy1 Mr. Krn hft d{id.d ro rrodu(c lid $L sudboods in i($!roLirr ll.lrsrrrir!LrL$." r- p.,.hf .; r,,F,. rr lr. i0 in *sd, Hu will hn! iudu,rr ro do 6r ofrtu {o{ iid piy rh. tr t( 3r ru cndr rnborLl tdrpttd Hcwilltr{rookarrco*olTk 200po Donr Ml KiitrlluJdrnlirn,i! ou,,rsvrstr, dnu rr An ld 4ercy vil handr. r'l (D vriablena (ii) Fid.o.{iii)s.rrillgorndr,,n' ivrri(t) r,,od .rs!d !N (vt slnr on oiD o Fldurinlcnorptodu.insa boridr). {l 16) 13 !.t,) Fodln. Conprny ha ftp.ned rh. ibLto*iig dna rlrariis ro $L! ri) hF:' rh 'lnr rbur ii 'Gn,l Ftu {ii) CooNd on r sigiifionr infomdiotr r.srhd bry yor rend perclnogA i( rlc€d .od3 iid fixcd .o* u ituwrcnr .dsf . Do yoo r8rc.? llrphin tt.0toT rl]ir.rxxl l(r+aF6l'ri {he non impdi r.iei a cdmpr,y prcpacs o dslr bdgd is ro $c hov n(rr.is) ir lirlhM iD d! bd'k 3r rrtr .rd dfrh. ,!!l". oo ydu ,gE or ior? Erpraii. Atr inpodmg fim ofl.E to pl@ a $chl ddd viri a .h.mril onp.ny ror r.000 riitr r Tr t prr nfll d'brr ribo trrtpritrg dr orhr hccn
  64. 64. Irsud@otr lnv?do.Er D.t*itrio. ol littc T*r r0.@ 3!!l,g!l l:ta! '!qy{M.hiigelul lil: tirh liu} rtu.urcfl dlt valk' Dx b is !d. tlwitr. E4.mil L tlirkirr.lqr dlp9|nr tlE d4.l f.ml tr@ thddt lrdt dffi; b dc4i dr+tdr tsdid dll h. roud tur a lo'E{'m 'ilDbt$ $h' d d! b drN L''*".'t r-. nn, ""pt.r" '.|;t tr n 3o.o{0 n. iiuN' d rhc 'rc i&ra.O:irrruingrdrbLro.n.bdclmid{hlrhdtrf, LlqeniMtrh'urt J^'|ln!'r rG TIIE END 1-
  65. 65. t&* INST1TIITE OF CHART:ERf,D SECRf,IARIES AND MANACERS OF I}ANCL^DESH IMERMEDIATf, f,XAMINATION JANUARY2OI}9 LEVEL- II 203 NNANCIAL. COST AND MANACf,MENT ACCOUNTI](, Tim..lto*.d : 3 houts Tohtm.rk!: t00 Not : Scparute aBver hoak h,t|tl ba 6ed Jot arch rda Dlleren pr^ oI tht rutt tlb"ar n^t h( Mtwred ht orc dec ir r tut aleqwve P RT A FINANCIAL ACCOUNTING MARKS - 5I) tp,klion No, t i .nnqnk,!. .l^vt .nr ttu /'rD th. rea .l ht ttwrrt^ t'/ th' rlrt ) .t L wnre lhon nores (or$,turr) c) ofi-B,l@shtd lre'ns. d) k*orh&a' Frtrm .) vrldionof@ a{N. l) Lrs o{ financiir nd( N tr. rJlt)=rl :. ll'c lcdlor btrlrn.cs r d u rcu.sl'y oLonrdit,r L)l i i'ntrcd coi)mD o L! lcr li)r)8 rr! 15.000 shaes olTk.l0 c&hDi 20.500 I 1.100 U (i) Cipndoirlron|M) sTt250-000dividcdinro25.000sh.rcs'l rr roa'd' (b) Clori',! c$., l l 60.100 rd) lJ.DNi io, on Mrl'i'trv rL:0-000: ltrtritr'to-lk 500 (d) |{:en otr D.l'cit't hrs nor hecr ac.outrkd ror th. whore vc{r 1.) The Be'd .r'Di'cdo6 d.cid.d ro ti$rcr 'nt.40.000 to GcN'a d'viddd ol rrD. R.quiEn: nrcd$. Suretrr.trr lo' rh. var etdtd otr I1 12.2003 and a Btl'nuu shecras at rr'ar ddu @
  66. 66. { &' lPrg? 2l Etuftnt th. dilt Etrc b€|}6 lh. R.6ut Accounts or a c'neol In3utucc codD6nv .nd ! Lif. In$nie Cm!6nY- n . * rorro*i"g U.r-i* it" *t'.dulcd b!nr' napaE the BtltE sher E i rr 12' 03 t0.619.221 arl.n4 eirh olh.r b!*s & Borcwinafon dh.. btnks Morcy .r call & shd Noticc50,036,5J7 t.556,578 J15 t45,751 Brh. Bllinc. shed or A Ltd as 4lL : lolrS i'rcrcnk llO.OOO sha6 oaTl l00@h0rih' 1009 For rhis purtos. rh. lix'd 4G and otrem neb *E ul!.d rt lk 23-000 0oo iii'c of shaes ofTk.l0 c.ch i0 0 Lrd' ar 'n 40O.0OO Equity slER(olTr 100 each fullv ft. conp.nY i! .b$d.d b, a Ld on 0l0l' mvsh.nti '.E vttucd at T':1 000 0o0 ttrd rtu l hc purch!* conlid.Brior is di*hargcd bv rr'c ased v.h'. ofTk 12 Pfl sh'E *.{s:/ r.l , ./.2. (.t P"."k" t A tr'{
  67. 67. lPaSc - 31 PART B COST ND M NAGEMf, NT ACCOLN INC MARXS 5O tQtuio" No.t b .o,patea A,eet ey tw Jnm thc rcr oJ the qkam: oJ th ptt) A sp.cifi. @$ may b. bori a dircct cosr of one objcr and atr irdirect on or anorher cor objccr Tn.( is direc/indici cla$ilianion d.p€nds on rhc choice ofrhe co$ objccr. Junify rh. rhave s.t tr'ctrr wnnm.nntr.. sdrdoz Lrd. ets up 5 ne* divislon in alan Afiol invesirg Tk.3.00,000 n fix!d asss yrtritr i icip.r.d uerll lif. of l0 ysB dd no !c6p v.ruc. AnDurt prcnb b.foa d.prciarion are .rpe.r.d ro bc a nody Tl2_00.000. crlculare rh. divriotr Rer.n on Inv.srm. (Rot)forn! li6r rhc )qu by .xD6ing annual (poe dcpeiaron) pnilr 6 a pcenuge of ftc bok vrtue olass.13lrfi.nanofachleii. (9+9)=13 -lh. clisifiqrion ofc* in{o fix.d,nd variable B ior Faf.cr b.dus rhc lndertymB r$ln'plion rhlrdbarc i"fluctrccd only b, volu'nc isnortruc so wc can sar, a con conhinin! I'orh fir.d dd vdrb|. .Lftnrsr p6nly .lT-red by fitrcr'ariont in rh€ t.v.ts ot&lvny lnd wlrich h thus p.db' aff.ct.d by 'mny orher &cror! WMr.( olhor factoN inllrcnce ro clo$ill, oors iro fxed. vari.hle? .! Y (h) ltade Limited. a nmufadurirU coi.ern. has hr our ir5 btr' dirys ro a conrmdor ho (n5 a dlprniEtul $oc !n,l p.ys.n annual .enr ol 'lk?5.000 ro dr compiny. The co'npany is coNidering . pnpcal ro renni'd. rhe conrad d orilize rh. @0r.d 3pace ro erprid prcduqioi lacilitica fo. irs mtr[ine rlDp no 2. T[c r.v€nrc fro'n rhe evandcd prod!.lotr n cp4tLd to b. Tk,1.00,000 pd yer nnd rhc rnnmlcos inolved rs 6ri'nared ro b. Tk.60.000 CoNRir otr rlE popNl. bkirg i a acoutrr rhe rorepr ot opponur it! co$ ( 3+3)= 1 6 (hd'y Roid Li'nited pronncc i sra,drrd t'rodL d ot whi., rhc enrnarcd.oe per (fir n s vsD I 3 s$ri'vffiahl. o.rh..ds.r 100% acriviry l.v.lar whid, rhe ()mpatrr car Fodrcc 10.000 unn! r c epe.ied ro b€ Tk.10.000. llEld ovo Eads va,] i'r nens ol ll2.000 Jbr crcr cha,gc i', outpd ol l,000 unirs Fircd owrhcids.rc.ni'n.r.d ro bt 11.t0.000. Sclli',g price per utrn b (l) Ptpit n.xibl. bud8.r ar 50%.70%:nd 90vo i.velofacLivnyi (l) Drri"grh. em. p.iod rh.lollowin8 rxp.ns.s Eru 'nc!ftd for 9.000 udirs T!ka Ris nDr.ri.k 39,500 Dtr(t hbotrr 7?,600 13,300 vnrhblcoverltuds 45,200 Fi!n otrn,erds 70,000 lh. vrnrgnB DiRror sa{r }ou as sccr.rary oi rhc c,r,nifr, rririlsrftlc.Dn |hcr&trrlorhsaoirdoal)trKn^.;riirirlNcronn 1149t=t6
  68. 68. '1 .7t , TlEqnsiv hot Rt,s€d.n offGr trcb rndBide $ppl'slosupplv rht p!1 Nickle_dBknf Trr. so F ;ir fd 5.0q, di( Th. foll4ins.ddilinl c@ *irr b p!(h!.td rM lh. dEid. .uppli.i rt'aiia ilof ro taat;r rna 'ntpciron lLto.mo Oo th. other h.nd. con etingt in lh. P@ision Mmhii4t D'Danmcn! ir mr miturtcluEd ac: Mtrrirh I l 75.OO DiBt hbor R 2.3O O0O: Indid lrbour l k 60 lxro l'o*r Tl ]0 m0: -i*- n t.n00, rx*,"ti* 11 20 om: P'qFV a6 Tl lo 0oo cos omio or Peitio u*tiftrY D.Fftnr: {.1 vh6 NicLlt'.E tudi dd iti *i"n _ltl*ctr" * pu -ttg fis o d|!d' tuPPid (E+8Fr5 lP.e.al Tn follo*ins c6l dtt ElatinS to Pcisid M*l ftrv mrun rud r ernh D.n n.n*d5{hkh" 5,0O [iG Dcp!tumr of a lacbry thhh inF rli. 6,?5,1100 D.t.i.id 5,00,000 fFp€.V l.x 2.O.0m P.yFll lir 0a%) t0,0@ I THEEND
  69. 69. 4Y'l:c Ln!u Brl$€ sheer ol X Co. LrLl l Aurhoris.d C.pitll 200.000 sh.Es (4n. k{'cd. Sub*ibql.nd P0ad-upCrpnar: a0.000 sh.es of Tl. l0 6ch !a!p!! ?:a@ t!tp@ 92t!!n 2,0@,0@ z25,ooa 92r.010 hrr 'nav b. rhc .lNofaqrdill.ld'.c.iD.ny, ifrh. comprny cln am sups 3. A Lrd.lDd a Ltd.!g cdroam gadlro b! u,rs !r' rgrl'. trrdcdrr' iSs ro ! rcw romed lor Er plrpose Otr the daG oflic msfc Balsie Sheer ol$c two BalameShe.ts A3ar ll L22007 Tadi'rg 6ula ol thc codp€ny lor B l.s tK ta$ lnd tu arc Tk. 3t.000. Tl. 30.000 ,nd Tr' 75.000 rcsoeiwly. PFvlilingma*.t ntc ofinr.rci on iivM.Dt is l0%. CrDiol & Llrblhis t 30,000
  70. 70. INSTITUTEO' CH RTERED SECRDTARIIiS AND ANAGETIS OF BANGIIDESH IMERMEDIATE EXAMINATION - JULY 2IIItr LEVEL.II 203 'INANCTAI. CO6T AND MANACEMENT ACCOUNTINC (NETT SYLLAAUS) Tobl ntrtt: lul Not : Seruute @sw bdr stuald be dulJq ukh Fd oill(t'rt ltrs olth' :ah? qrasti@ D'i bt tu:Nred in ore ,tae k d.r oJvqnrc. PART A TINANCIALACCOUNTINC MARKS - 50 tQr.li.t Nu I i! .onptuory' tkn@ ary n o.lion the tu! ol the quelions af thk Pat ) I Lhc hllowirg Trirl BaliNe hrs b*tr lllut llo n Dll l,ld *oill 122007: 12- Pl. & M&hin ry L.s d.P r5,000 60.000 t0.000 2.t00 Thc lollowing infotmotiotr rE give0l il [;tl,'Jl;:i'x?"::"':ifi"1.:],r.,d:,"i:,::_Tl :ioo:soo rno Lrd & Bu,o,id rK c; Depftqd,or FunN'E Tr l,000 Pl6N & Machjn'ry | .lt 1"5v0*rr e*p"n.". *.^"4 rr. l.600. Int.r.n Expon$s aocd'd rk roo and Renbi I'com' ., ilfif"ll'::1""", .,,'',.o rto 2o.0ooord n'D sFmBor Tr roeLh 'r ir'l e*d oroi*'o';a*ia.d b rtrlJ. r| s000bRccfrcFund r.il,riii""Jii'""iiiJLilii i.;ii;;,;cdoi rr'!2 2007 -d rhc b'hn@ shd s {3r'r2'20078

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