Chapter 2 in 12th Commerce O
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Questions and Answers

What is the main focus of chapter 2 in the 12th commerce O.C. textbook?

  • Principles of Accounting (correct)
  • Economics
  • Business Studies
  • Business Mathematics
  • What is the purpose of studying chapter 2 in the 12th commerce O.C. textbook?

  • To explore international trade policies
  • To calculate business statistics
  • To understand the preparation of financial statements (correct)
  • To analyze market demand and supply
  • Which topic is not covered in chapter 2 of the 12th commerce O.C. textbook?

  • Cash Flow Statement
  • Financial Statements
  • Demand and Supply (correct)
  • Ratio Analysis
  • Which of the following is not a function of management?

    <p>Inventing</p> Signup and view all the answers

    What is the primary goal of management?

    <p>Achieving organizational objectives</p> Signup and view all the answers

    Which of the following is a characteristic of effective management?

    <p>Delegating authority</p> Signup and view all the answers

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