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

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

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

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

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

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

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

______ depicts the Capital fund of the organization.

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

Give any two uses of Income and Expenditure Account.

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

Write a short note on direct labour cost.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

Write short note on indirect labour cost.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

Explain the Compensation Function of Human Resources Department.

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

Distinguish between the Central Bank and the Commercial Bank.

[2.3] Banking and Bank Transactions
Chapter: [2.3] Banking and Bank Transactions
Concept: undefined >> undefined

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

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

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

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

Marketing uses ______.

[1.2] Marketing Mix - 4 P’S
Chapter: [1.2] Marketing Mix - 4 P’S
Concept: undefined >> undefined

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

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

Explain any two features of Income and Expenditure account.

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

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

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

Explain various types of Overheads.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

What is a Central Bank?

[2.3] Banking and Bank Transactions
Chapter: [2.3] Banking and Bank Transactions
Concept: undefined >> undefined

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

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

Public Banks are the banks which are ______.

[2.3] Banking and Bank Transactions
Chapter: [2.3] Banking and Bank Transactions
Concept: undefined >> undefined

Which function of Human Resource Management specifies that improvement in personality and interest is required to get maximum satisfaction from their work?

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined
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