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

Which market provides long-term finance to business enterprises?

Which advertisement is designed to build a favourable image of the organisation rather than to promote a product or service?

According to the ______ Principle of accounting, transactions are recorded on the assumption that the business will exist for an indefinite period of time.

______ refers to locating identified buyers to sell the product.

Rent of an office premises is an example of ______.

It begins after the goods are produced ______.

Which of the following is not a method of Brand Promotion?

Write any five advantages of Advertising to Consumers.

What qualities are required to be a good salesman? (Explain any five)

What does GAAP stand for in Accounting?

Explain the Business Entity Concept.

Explain the Money Measurement Concept.

With reference to the role of Human Resource Management, discuss the Significance of an enterprise.

Marketing uses ______.

Justify the following:

Every transaction is recorded in at least three accounts.

State five uses of Receipts and Payments account.

Explain the need for GAAP for accounting.

The retirement of manager of the company cannot be recorded in the book of accounts, because it is not possible to estimate the financial effect of retirement. Which accounting principle would be applicable for the above statement?

Explain the concept of The Dual Aspect Principle.

Name and explain how Human Resource Management helps to improve the quality of work life of its employees.