Skip to main content

CBSE 12th Accountancy Board Exam 2019 Answers

Business Studies Set-1

1. Significance of Principal of management highlighted here is optimum utilisation of resources.

* Principles of management help in optimum utilisation of resources by equipping managers to foresee the cause and effect relationship of their decisions and actions, as such the wastage associated with a trial and error approach can be overcome.

2. Policies and procedures are interlinked with each other. Procedures are steps to be carried out within a broad policy framework.

Policies and procedures are designed to influence and determine all major decisions and actions, and all activities take place within the boundaries set by them. Procedures are the specific methods employed to express policies in action in day-to-day operations of the organization


Or

Developing Premises: Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future.

3. The process of setting the standards needs constant analysis and revision depending upon external forces, plans, and internal performance.

Or

Controlling is forward looking because effective control is not possible without past being controlled. Controlling always look to future so that follow-up can be made whenever required.

4. Function of NGO for customer awairness - Educating the general public about consumer rights by organising training programmes, seminars and workshops.

5. Packaging refers to designing and developing the package for the products.

Or

An quality of good salesman is that he have complete knowledge about the self, product, and company.

6. Shareholders’ Preference: While declaring dividends, managements must keep in mind the preferences of the shareholders in this regard. If the shareholders in general desire that at least a certain amount is paid as dividend, the companies are likely to declare the same. There are always some shareholders who depend upon a regular income from their investments.

7. Measurement of performance of an employee [Step 2]

8. Functional organisational

Business Studies Set-1


1. Confuses the Buyers: So many products are being advertised which makes similar claims that the
buyer gets confused as to which one is true and which one should be relied upon. [Marketing]

2. The fourth important element of marketing mix is the physical distribution of products and services. It is concerned with making the goods and services available at the right place, so that people can purchase the same.

Or

Marketing management means management of the marketing  function. In other words, marketing  management refers to planning, organising, directing and control of the activities which facilitate exchange of goods and services between producers and consumers or users of products and services.

3. Workforce analyses: A workforce analysis provides specific information about the current employment market, including the characteristics and demographics of the current workforce, retirement statistics, and employee turnover rates.

Or

Selection: Selection is the process of choosing from among the pool of the prospective job candidates developed at the stage of recruitment.

4. Division of work: Output can be increased by specialization, making employees more efficient.

5. Facilitating Price Discovery: The forces of demand and supply help to establish a price for a commodity or service in the market. In the financial market, the households are suppliers of funds and business firms represent the demand.

6. Campus Recruitment: Colleges and institutes of management and technology have become a popular source of recruitment for technical, professional and managerial jobs.

7. Strategy: A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. [Chapter 4 Pg. 110]

8. Development Functions of SEBI

a. Training of intermediaries of the securities market.
b. Conducting research and publishing information useful to all market participants.

Or

A financial market helps to link the savers and the investors by mobilizing funds between them. In doing so it performs what is known as an allocative function.

Business Studies Set-3

1. Strategy: A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. [Chapter 4 Pg. 110]

2. Development Functions of SEBI

a. Training of intermediaries of the securities market.
b. Conducting research and publishing information useful to all market participants.

Or

A financial market helps to link the savers and the investors by mobilizing funds between them. In doing so it performs what is known as an allocative function.

3. Confuses the Buyers: So many products are being advertised which makes similar claims that the
buyer gets confused as to which one is true and which one should be relied upon. [Marketing]

4. The fourth important element of marketing mix is the physical distribution of products and services. It is concerned with making the goods and services available at the right place, so that people can purchase the same.

Or

Marketing management means management of the marketing  function. In other words, marketing  management refers to planning, organising, directing and control of the activities which facilitate exchange of goods and services between producers and consumers or users of products and services.

5. Workforce analyses: A workforce analysis provides specific information about the current employment market, including the characteristics and demographics of the current workforce, retirement statistics, and employee turnover rates.

Or

Selection: Selection is the process of choosing from among the pool of the prospective job candidates developed at the stage of recruitment.

6. Division of work: Output can be increased by specialization, making employees more efficient.

7. Facilitating Price Discovery: The forces of demand and supply help to establish a price for a commodity or service in the market. In the financial market, the households are suppliers of funds and business firms represent the demand. The interaction between them helps to establish a price for the financial asset which is being traded in that particular market. A financial market is a market for the creation and exchange of financial assets.

8. Campus Recruitment: Colleges and institutes of management and technology have become a popular source of recruitment for technical, professional and managerial jobs.

Comments

  1. Before beginning laptop shopping, get an idea of the kind of work that you expect to get out of it. You may find that you really don't need the super-expensive top of the line model for the work you really need to do. This can save you a lot of money.
    play bazaar satta king

    ReplyDelete

Post a Comment

Popular posts from this blog

Suggested answers November 2018 - Advance accounting Old Course IPCC

November 2018 Following are answers, a care is taken to answer them correctly, however, if any mistakes are identified by you, kindly share with me, I would love to hear them and will incorporate changes accordingly. Question Covered in post 1(a), 1(b), 1(c), 1(d), 2, 3(a),  3(b), 4, 5(a), 5(b),  6(b), 7(a), 7(b), 7(c),  7(d), 7(e) Question Pending 6(a) 1(a) (i) Annual lease rent = Rs. 32,500 (ii) Income = 26,000, 32,500, 39,000 (iii) Depreciation = Rs. 20,000, Rs. 25,000, Rs. 30,000 1(b) (i) Prior period Item adjustment Prior Period A/c Dr. To Salary Payable Salary payable A/c Dr To Cash Prior period item shall be disclosed separately (ii) Wages with retrospective effect It is not taken as error or omission in the preparation of Financial statements and hence this is not a prior period item, additional liability of Rs. 75,000 shall be included in current year Salary 1(c) (i) Present obligation as a r...

Suggested answers – CA Inter EISSM November 2020

1(a) Data analytics initiatives support a wide variety of business use,  - Banking and credit card companies analyse withdrawal and spending patterns to prevent fraud and identity theft. - E commerce companies and marketing services providers do click stream analysis to identify website visitors who are more likely to buy a product. Mobile network operators examine customer data to forecast so they can take steps to prevent defections to business rivals - Healthcare organizations mine patient data to evaluate the effectiveness of treatments for cancer and other diseases. 1(b) Types of Mortgage Loan • Home Loan: This is a traditional mortgage where customer has an option of selecting fixed or variable rate of interest and is provided for the purchase of property. Top Up Loan: Here the customer already has an existing loan and is applying for additional amount either for refurbishment or renovation of the house. • Loans for Under Construction Property: In case of under construction p...

Suggested answers May 2018 - Advance accounting Old Course IPCC

Finally, prepared a suggested answers for all the questions except Q2 and Q4, just go through it and let me know if you have different opinion or point to solve it. 1(a) Provision to be made for warranty under AS29  Amount At 31st March 2017 = 80,000 X 2% + 50,000 X 3%           3,100 At 31st March 2018 = 50,000 X 2% + 180000 X 3%           6,400 Amount to be debited to SPL for 31st March 2018 Balance of provision required as on 31st March 2018           6,400 Less opening balance         (3,100) Amount debited to SPL           3,300 No provision for 80,000 for 31St March 2018 because  warranty has lapsed 1(b) ...