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HSC Arts (English Medium) 12th Standard Board Exam - Maharashtra State Board Important Questions

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Assets and liabilities are transferred to Realisation Account at their ______ value.

Appears in 2 question papers
Chapter: [6] Dissolution of Partnership Firm
Concept: Concept of Dissolution of Partnership Firm

Answer in one sentence only.

Who is called insolvent person?

Appears in 2 question papers
Chapter: [6] Dissolution of Partnership Firm
Concept: Concept of Dissolution of Partnership Firm

State whether the following statement is True or False.

On dissolution Cash or Bank Account is closed automatically.

Appears in 2 question papers
Chapter: [6] Dissolution of Partnership Firm
Concept: Concept of Dissolution of Partnership Firm

Write the word/phrase/term/ which can substitute the following statement.

Expenses incurred on dissolution of firm.

Appears in 2 question papers
Chapter: [6] Dissolution of Partnership Firm
Concept: Concept of Dissolution of Partnership Firm

Do you agree or disagree with the following statement:

On dissolution, cash/bank account is closed automatically.

Appears in 2 question papers
Chapter: [6] Dissolution of Partnership Firm
Concept: Concept of Dissolution of Partnership Firm

The debenture holder is owner of the company.

Appears in 2 question papers
Chapter: [8] Company Accounts
Concept: Concept of Debentures

Write a word / term / phrase as a substitute of the following statement.
The acknowledgement of debt under common seal of company.

Appears in 2 question papers
Chapter: [8] Company Accounts
Concept: Concept of Debentures

Capital balance is ascertained by preparing....................................

  1. Statement of affairs
  2. Cash account
  3. Drawing account
  4. Debtor’s account
Appears in 2 question papers
Chapter: [9] Analysis of Financial Statements
Concept: Concept of Financial Statement Analysis

Give one word/term/ phrase for the following statement
Critical evaluation of financial statement to measure profitability.

Appears in 2 question papers
Chapter: [9] Analysis of Financial Statements
Concept: Concept of Financial Statement Analysis

Answer in one sentence.

What is CAS?

Appears in 2 question papers
Chapter: [10] Computer In Accounting
Concept: Computerized Accounting System (CAS)

Write the word/phrase/term which can substitute the following statement:

Tally software is classified into this category

Appears in 2 question papers
Chapter: [10] Computer In Accounting
Concept: Computerized Accounting System (CAS)

Slicing method and Lumping method.

Appears in 2 question papers
Chapter: [1.01] Introduction to Micro Economics
Concept: Micro Economics - Slicing Method

Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:

The law of 'diminishing marginal utility' is important in the practice?

Appears in 2 question papers
Chapter: [1.02] Consumers Behavior
Concept: Law of Diminishing Marginal Utility

Write explanatory note.

Government expenditure.

Appears in 2 question papers
Chapter: [1.02] Consumers Behavior
Concept: Law of Equi-Marginal Utility

Demand for the commodity having multiple uses has elastic demand.

Appears in 2 question papers
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Elasticity of Demand

Explain, with reasons, whether you Agree or Disagree with the following statement

There are no exceptions to the Law of Demand.

Appears in 2 question papers
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

State whether the following statement is True or False.

Demand for perishable goods is inelastic.

Appears in 2 question papers
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

Demand curve and Supply curve.

Appears in 2 question papers
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Concept of Demand

The demand for salt is _____________.

Appears in 2 question papers
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Types of Demand

A perfectly inelastic demand curve is parallel to 'Y' axis.

Appears in 2 question papers
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: Types of Demand
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