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Questions and Answers
What is the primary focus of Class 12 commerce chapter 1?
What is the primary focus of Class 12 commerce chapter 1?
- Historical analysis of trade practices
- Advanced economic theories
- Legal aspects of business operations
- Introduction to accounting principles (correct)
Which subject is covered in Class 12 commerce chapter 1?
Which subject is covered in Class 12 commerce chapter 1?
- Microeconomics
- Business Studies
- Accountancy (correct)
- Sociology
What is the purpose of studying Class 12 commerce chapter 1?
What is the purpose of studying Class 12 commerce chapter 1?
- To explore international trade policies
- To understand financial transactions and their recording (correct)
- To analyze consumer behavior
- To study the history of economic thought
Flashcards
Class 12 Commerce Chapter 1
Class 12 Commerce Chapter 1
The first chapter of Class 12 commerce introduces the basic principles of accounting, the foundation of financial record-keeping.
Subject of Class 12 Commerce Chapter 1
Subject of Class 12 Commerce Chapter 1
Class 12 commerce chapter 1 specifically focuses on the subject of Accountancy, covering key concepts like financial transactions and recording.
Purpose of Studying Chapter 1
Purpose of Studying Chapter 1
By studying Class 12 commerce chapter 1, you gain the ability to understand how financial transactions are recorded and analyzed.
