Mohammed is another spelling of Muhammad is a good name whose meaning you can see here: Muhammad
From what I can find, Yuzaarseef is said to be the name of Prophet Yusuf peace be upon him in Hebrew, or the name that the Egyptians called him when he came to Egypt.
If Yuzaarseef is a common name in your culture, then it is acceptable to use it. Some scholars dislike using names that come from Hebrew and are not mentioned in Islamic sources since it is like copying Jewish names when Muslims have enough good names to use. But if the name has become common, then Muslims can claim it as their own and use it as well. Yuzaarseef can also be spelled as Yuzarseif, Yuzarsif, Youzarseef, Yuzaarsif. It is pronounced as [(YOU)] + [(Z)oom + r(U)n + p(R)ay] + [(SEE) + (F)un], with the emphasis on the last syllable. It can also be pronounced with a long "a" after the Z, as in (Z)oom + sm(A)rt.