Adda247 Commerce Class 12
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✅full syllabus Accounts Rapid Revision
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▶️ Class 12th Accounts Complete solution

✅ Check your answers for all sets!
📌 Plus, expert analysis of the paper to help you understand the exam.

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Which of the following is a liability?
Anonymous Quiz
5%
Cash
68%
Accounts Payable
8%
Revenue
18%
Capital
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Who is known as the Father of Modern Management?
Anonymous Quiz
67%
Henry Fayol
9%
Peter Drucker
21%
Frederick Taylor
3%
Max Weber
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Which of the following is a microeconomic factor?
Anonymous Quiz
14%
National Income
12%
Inflation Rate
70%
Supply and Demand
3%
Government Budget
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Which of these is a contract under the Indian Contract Act?
Anonymous Quiz
57%
Sale of goods
29%
Transfer of property
9%
Marriage contract
5%
Gift contract
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What is the main objective of financial accounting?
Anonymous Quiz
43%
Profit maximization
43%
Transaction recording
9%
Cost minimization
6%
Income generation
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Which function of management involves setting objectives?
Anonymous Quiz
81%
Planning
13%
Organizing
4%
Staffing
2%
Controlling
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Which is not a type of marketing mix?
Anonymous Quiz
6%
Product
6%
Price
72%
Profit
16%
Place
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