B.Com Semester 6 Question Papers 2026 – Gurugram University (GU)

Cost Accounting-II covers advanced cost accounting techniques used for cost control, cost allocation, budgeting, and managerial decision-making in business organizations. Important topics include Process Costing (normal wastage, abnormal wastage, abnormal effectiveness, process cost accounts), Contract Costing (cost plus contracts, contract accounts, work certified and uncertified), Joint Product and By-product Costing (methods of apportionment of joint costs), Batch Costing (economic batch quantity - EBQ), Budgetary Control (fixed budgets, flexible budgets, budget preparation and control), Standard Costing (labour and wage variances, variance analysis), and Marginal Costing (contribution, P/V ratio, fixed cost determination, profit planning, sales analysis). The subject focuses on cost accumulation, cost allocation, budgeting techniques, variance analysis, and the application of cost accounting principles for effective business planning and decision-making.

Taxation Law-II focuses on income tax assessment procedures, computation of taxable income, tax administration, and practical application of provisions under the Income Tax Act. Important topics include Assessment of Individuals, HUFs and Firms, Tax Deduction at Source (TDS), Rebate of Tax, Assessment of Firms under Section 184, Alternate Minimum Tax (AMT), Belated Return, Defective Return, Best Judgement Assessment, and Re-assessment. The subject also covers taxation of business income, house property income, partnership firms, AOPs, bank interest, working partners' remuneration, powers of income tax authorities, appeals, revision, offences, and prosecution. It develops practical skills in tax computation, compliance, tax planning, and interpretation of income tax laws.

Goods and Services Tax (GST) and Customs Law covers the framework of indirect taxation, GST provisions, customs procedures, and compliance requirements for businesses. Key topics include IGST, Time of Supply, Exempt Supply, Mixed Supply, Reverse Charge Mechanism (RCM), Debit Note, Valuation of Supply, Composition Scheme, Returns and Assessment, Payment of Tax, and Audit under GST. The subject also covers customs law concepts such as import and export procedures, customs documentation, assessment of imported goods, customs valuation, and international trade compliance. It helps students understand indirect tax administration, business compliance requirements, and customs regulations.

International Marketing focuses on global marketing concepts, international business operations, and strategies used by organizations to compete in foreign markets. Important topics include Meaning and Scope of International Marketing, Domestic vs International Marketing, Globalization, International Marketing Environment, Cultural and Economic Factors, Market Entry Strategies, International Product Decisions, Global Pricing Strategies, Distribution Channels, and International Promotion. The subject also covers export procedures, international trade policies, balance of payments, marketing research, foreign market selection, and challenges faced by multinational companies. It develops understanding of global trade practices and international marketing decision-making.

Financial Management covers the principles, objectives, and practical application of financial decision-making in modern business organizations. Key topics include Nature and Scope of Financial Management, Working Capital Management, Operating Cycle, Capital Structure, Optimum Capital Structure, Trading on Equity, Operating Leverage, Financial Leverage, and Financing Decisions. The subject also includes the hedging approach, organization of finance functions, responsibilities of financial managers, role of controllers, marketable securities, debentures, and various financial concepts used in corporate finance. It helps students understand risk-return relationships, capital management, and financial planning for business growth.

Auditing covers the principles, objectives, and practical procedures involved in examining financial records and ensuring the reliability of financial statements. Important topics include Meaning and Objectives of Auditing, Types of Audit (continuous audit, interim audit, routine checking), Vouching, Verification and Valuation of Assets and Liabilities, Valuation of Goodwill, Audit Planning, Audit Procedure, and Audit Reports. The subject also covers duties and liabilities of auditors, audit versus investigation, provisions versus reserves, professional ethics, and the concept that "an auditor is a watch-dog but not a bloodhound." It develops students' understanding of auditing standards, audit techniques, professional responsibilities, and financial reporting assurance.