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(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Commercial Studies

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Commercial Studies
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Explain the following Consumer Right:

Right to be Informed

[0.023] Consumer Protection
Chapter: [0.023] Consumer Protection
Concept: undefined > undefined

Explain the following Consumer Right:

Right to Seek Redressal

[0.023] Consumer Protection
Chapter: [0.023] Consumer Protection
Concept: undefined > undefined

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Describe the five various internal sources of recruitment.

[0.040999999999999995] Recruitment, Selection and Training
Chapter: [0.040999999999999995] Recruitment, Selection and Training
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Expenses incurred for construction of a building are classified as ______.

[0.031] Capital and Revenue Expenditure/Income
Chapter: [0.031] Capital and Revenue Expenditure/Income
Concept: undefined > undefined

Closing stock appears in the Final Accounts in the ______.

[0.032] Final Accounts of Sole Proprietorship
Chapter: [0.032] Final Accounts of Sole Proprietorship
Concept: undefined > undefined

Ramu is a labourer working in 'ABC Constructions'. His expectations from his company are:

  1. Appreciation of Capital invested.
  2. Timely payment of wages.
  3. Timely payment of interest.
  4. Safe working environment.
[0.040999999999999995] Recruitment, Selection and Training
Chapter: [0.040999999999999995] Recruitment, Selection and Training
Concept: undefined > undefined

A budget is a statement that can be expressed:

[0.034] Budgeting
Chapter: [0.034] Budgeting
Concept: undefined > undefined

What are Campus Interviews?

[0.040999999999999995] Recruitment, Selection and Training
Chapter: [0.040999999999999995] Recruitment, Selection and Training
Concept: undefined > undefined

Write a short note on Internal Recruitment.

[0.040999999999999995] Recruitment, Selection and Training
Chapter: [0.040999999999999995] Recruitment, Selection and Training
Concept: undefined > undefined

Prepare a Trading, Profit and Loss account of Mr. ABC for the year ending on 31st March, 2023 and a Balance Sheet as on 31st March, 2023.

Particulars Amount (Dr.) Rs. Amount (Cr.) Rs.
Capital   80,000
Drawings 4,000  
Cash at Bank 4,700  
Purchase 66,000  
Sales   1,15,000
Purchase Returns   3,000
Sales Returns 6,000  
Discount 1,200  
Carriage Outwards 1,800  
Salaries 18,000  
Trade expenses 3,600  
Opening stock 15,000  
Bad debts 1,800  
Rent 4,500  
Machinery 1,08,000  
Furniture 18,000  
Debtors 12,000  
Creditors   30,000
Stationery 7,500  
Commission received   900
Loan   43,200
  2,72,100 2,72,100

Closing stock on 31st March, 2023 was valued at Rs. 78,000.

[0.032] Final Accounts of Sole Proprietorship
Chapter: [0.032] Final Accounts of Sole Proprietorship
Concept: undefined > undefined

Which of the following best defines the term 'stakeholder'?

[0.01] Stakeholders in Commercial Organisations
Chapter: [0.01] Stakeholders in Commercial Organisations
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The term 'Stakeholders' is developed from the word 'stake' which means ______.

[0.01] Stakeholders in Commercial Organisations
Chapter: [0.01] Stakeholders in Commercial Organisations
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Owners of business will be interested in ______.

[0.01] Stakeholders in Commercial Organisations
Chapter: [0.01] Stakeholders in Commercial Organisations
Concept: undefined > undefined

______ are people who provide money as loans to commercial organisation.

[0.01] Stakeholders in Commercial Organisations
Chapter: [0.01] Stakeholders in Commercial Organisations
Concept: undefined > undefined

Who are 'stakeholders'?

[0.01] Stakeholders in Commercial Organisations
Chapter: [0.01] Stakeholders in Commercial Organisations
Concept: undefined > undefined

Which of the following statements is the most correct statement?

[0.021] Marketing and Sales
Chapter: [0.021] Marketing and Sales
Concept: undefined > undefined

The term 'marketing' refers to ______.

[0.021] Marketing and Sales
Chapter: [0.021] Marketing and Sales
Concept: undefined > undefined

Which of the following is not an element of marketing?

[0.021] Marketing and Sales
Chapter: [0.021] Marketing and Sales
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Choose the correct statement.

[0.021] Marketing and Sales
Chapter: [0.021] Marketing and Sales
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Which of the following is most suited meaning of "delight the customer"?

[0.021] Marketing and Sales
Chapter: [0.021] Marketing and Sales
Concept: undefined > undefined
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