12th Commerce Accountancy Quiz
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Questions and Answers

Which subject is not typically part of 12th commerce curriculum?

  • Statistics
  • Political Science (correct)
  • Business Studies
  • Entrepreneurship

What is the primary subject of 12th commerce?

  • Economics
  • Mathematics
  • Accountancy (correct)
  • Business Studies

What aspect of commerce does accountancy primarily deal with?

  • Marketing strategies
  • Supply chain logistics
  • Financial transactions (correct)
  • Human resource management

What is the primary focus of accountancy?

<p>Recording, summarizing, and analyzing financial transactions (C)</p> Signup and view all the answers

Which financial activities are typically associated with accountancy?

<p>Budgeting, auditing, and financial reporting (D)</p> Signup and view all the answers

What is the main purpose of studying accountancy in commerce?

<p>Understanding financial transactions and their impact on business (C)</p> Signup and view all the answers

Flashcards

12th Commerce Primary Subject

Accountancy is the core subject in 12th commerce.

Accountancy Focus

Accountancy primarily deals with financial transactions in business.

Accountancy Activities

Accountancy involves recording, summarizing, analyzing financial transactions, budgeting, auditing, and financial reporting.

12th Commerce Excluded Subject

Political Science is not typically part of the 12th commerce curriculum.

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Purpose of Accountancy in Commerce

Understanding financial transactions and their impact on a business is the main goal of studying accountancy.

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Scope of Accountancy

Accountancy covers the recording, summarizing and analyzing of financial transactions.

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Study Notes

Commerce Curriculum

  • Economics is typically not part of the 12th commerce curriculum.

Accountancy Basics

  • The primary subject of 12th commerce is Accountancy.

Accountancy Scope

  • Accountancy primarily deals with the financial aspects of commerce.

Accountancy Focus

  • The primary focus of accountancy is recording, classifying, and reporting financial transactions and events.

Accountancy Activities

  • Activities typically associated with accountancy include financial statement preparation, budgeting, auditing, and taxation.

Importance of Accountancy

  • The main purpose of studying accountancy in commerce is to understand the financial health and performance of a business.

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Description

Test your knowledge of 12th commerce subjects with this quiz! Answer questions about accountancy, the primary subject of 12th commerce, and find out which subject is not typically part of its curriculum. Explore the primary aspect of commerce that accountancy deals with.

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