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

Justify either for or against by giving a reason for the following statement. ‘Income and Expenditure account shows the opening and closing balances of cash in hand and cash at bank.’

State any three points of difference between ‘Receipts and Payment Account’ and ‘Income and Expenditure Account’.

Write about any three activities of the procurement function of the Human Resource Department.

______ training is also called as 'process of socializing'.

______ depicts the Capital fund of the organization.

Give any two uses of Income and Expenditure Account.

Write a short note on direct labour cost.

Write short note on indirect labour cost.

Explain the Compensation Function of Human Resources Department.

Distinguish between the Central Bank and the Commercial Bank.

Which function of Human Resource Management deals with handling employee grievances, conflict resolution and employee counselling?

Costs incurred other than on material and labour for production and distribution are called ______.

Marketing uses ______.

The closing balance of this account shows surplus/deficit ______.

Explain any two features of Income and Expenditure account.

With reference to functions of Human Resource Management, explain procurement function.

Explain various types of Overheads.

What is a Central Bank?

______ account is prepared to ascertain surplus or deficit at the end of an accounting year.

Public Banks are the banks which are ______.