ISC 12 COMMERCE SAMPLE PAPER 2023 NEW PATTERN

ISC 12 COMMERCE SAMPLE PAPER 2023

COMMERCE

Maximum Marks: 80
Time Allowed: Three hours
(Candidates are allowed additional 15 minutes for only reading the paper.
They must NOT start writing during this time).

Answer all questions in Section A, Section B, and Section C.
Section A consists of objective/ very short answer-type questions.
Section B consists of short answer questions.
Section C consists of long answer questions.
The intended marks for questions or parts of questions are given in brackets [ ].

Question 1

(i) Which characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future? [1]

a). Uncertainty

b). Complexity

c). Inter-relatedness

d). Relativity

(ii) Statement-I Transportation helps in creating time utility and warehousing helps in creating place utility

Statement-II The process of classification of products into different groups on the basis of their important characteristics is known as standardization. Choose the correct option from the options given below: [1]

a) Statement I is true and II is false
b) Statement II is true and I is false
c) Both the statements are true
d) Both the statements are false

(iii) Name the outcome of the function of management which includes designing of roles to be filled by suitably skilled people and defining the inter relationship between roles so that ambiguity in performance of duties can be eliminated. [1]

a) Organization structure
b) Delegation of authority
c) Decentralization
d) Controlling

(iv) Which of the following principles of management states that workers should be encouraged to develop and carry out their plans for improvements in the organisation. [1]

a) Equity
b) Division of Work
c) Initiative
d) Order.

(v) Astra builders has to deliver the flats to its buyers on time. Due to this there is a sudden rush of work. Therefore, the company needs to arrange workers to work at the sites at a short notice. The source of recruitment which may be used by the company to tap casual vacancy is: [1]
a) Direct recruitment
b) Advertisement
c) Recommendation of Employees
d) Employment exchange.

ISC 12 COMMERCE SAMPLE PAPER 2023

(vi) Reliance Ltd. is engaged in manufacturing plastic buckets. The objective of the company is to manufacture 100 buckets a day. To achieve this, the efforts to all departments are coordinated and interlinked and authority responsibility relationship is established among various job positions. There is clarity on who is to report to whom. Name the function of management discussed above. (Choose the correct alternative) [1]
a) planning
b) organizing
c) directing
d) controlling.

(vii) …………….is the framework within which managerial and operating tasks are performed. [1]
a) Functional structure
b) Delegation
c) Organisational structure
d) Hierarchy of authority.

(viii) …………… means deciding in advance the capitalization and capital structure of the enterprise. [1]
a) Financial management
b) financial planning
c) Treading on equity
d) None of the above.

(ix) State whether the following statements are True or False. [4]
(a) The minimum amount of funds that can be transferred through RTGS is ₹ 2,00,000.
(b) Micro environment refers to an environment which is in direct contact with a specific business organisation.
(c) Warranty is not a part of place and promotion elements of marketing mix.
(d) Packaging is an innovative function.

(x) Match the concept in column I with their respective definition in column II. [1]

Column I Column II

A . Sales promotion (i) Offering short term initiative in order to encourage them to purchase.
B. Personal selling (ii) Non personal paid form of services by an identified sponsor
C. Adverting (iii) Oral presentation of message of conversation with the customer

(a) A- (i) , B- (ii) , C- (iii).
(b) A- (ii) , B- (i) , C- (iii).
(c) A- (iii) , B- (ii) , C- (i).
(d) A- (i) , B- (iii) , C- (ii).

ISC 12 COMMERCE SAMPLE PAPER 2023

Read the following text and answer Q. No. (xi) and (xii) A company was marketing ‘water purifiers’ which were very popular due to their quality and after sales services provided to the customers. The company was a leading company in the market and earning huge profits. Because of huge profits the company ignored the after sales services.

As a result its relations with the customers got soiled and the image of the company was damaged in the public. Top management became concerned when the profits for the current quarter fell steeply. On analysis it was revealed that ignoring the after sales services was its reason.

The company started taking measures to protect and promote its favorable image in the eyes of the public. The company started to get in touch with media to pass on positive information about the company and its products. Consequently the goodwill of the company started improving in the society.

(xi) Name the communication tool used by the company to improve its image in the above case. [1]
(a) Advertising
(b) Sales Promotion
(c) Personal selling
(d) Public relations.

(xii) Name the role of the communication tool identified [1]
(a) Product publicity
(b) Sales promotion
(c) Personal selling
(d) Public relations

(xiii) Ayush went to a shop to buy detergent. The shopkeeper forced him to buy a particular brand of detergent out of the various available brands, irrespective of the willingness of Sushant. Which right of Ayush, as a consumer, has been violated? [1]

ISC 12 COMMERCE SAMPLE PAPER 2023

ISC ACCOUNTS Sample paper 2023

SECTION B – 32 MARKS

Question 2 [4]

Explain any four functions of a supervisor.

Explain four factors affecting working capital requirements of a business enterprise.

Question 3 [4]

Explain any four barriers to Communication.

Distinguish between fixed capital and working capital.

Question 4 [4]

Explain why management is considered to be a science.

What is labelling? Explain four advantages of labeling.

Question 5 [4]

Explain any 4 characteristics of management.?
OR

What is Branding? Give any three advantages of branding to marketers.

Question 6 [4]

Explain the need for principles of management.
OR

Explain the following Principles of management, as advocated by Henry Fayol:
(i) Stability of tenure (ii) Discipline (iii) Unity of command (iv) Unity of Direction

Question 7 [4]

Give four points of difference between a product and a service.

Explain any four types of debentures through which a company can collect borrowed capital from the public.

Question 8 [4]

Shyam bought a pain relieving ointment after seeing it being displayed in the Chemist‘s shop. The ointment tube was packed in a cardboard box. Identify the different levels of packaging of the Pain relieving medicine, when it was purchased by Shyam. Also, state the functions of packaging.

Question 9 [4]

Explain the importance of management Principles. (any four points)

Differentiate between Objective and strategy as types of plans.

ISC 12 COMMERCE SAMPLE PAPER 2023

SECTION C – 32 MARKS

Question 10

Explain any five features of business [5]

What is meant by social environment? Explain any two components of social environment. [3]

Question 11

Explain Maslow’s theory. [5]

State any three features of an NEFT [3]

(i) State any five differences between shares and debentures. [5]

(ii) Explain any three Features of RTGS. [3]

Question 12

The Consumer Protection Act provides six rights to consumers. Explain any five rights. [5]

“An effort to control everything may end up controlling nothing”. Comment. [3]

ISC 12 COMMERCE SAMPLE PAPER 2023

Question 13

“Prakash limited” is a company manufacturing electrical goods Smt. Ruby is its managing director. By virtue of her wise directions, the company has achieved great heights.

A management institute one day invited her for a lecture. There she got an opportunity to dialogue with the students of management studies .

She narrated to them the story of her success. She told them two main things ,First: the employee should know that their work is being evaluated and progress report prepared . Second: optimum use of physical resources should be made possible.

a) Identify the above said function of the management.

b) On the basis of the aforesaid paragraph write two points regarding the importance of the function of management as identified in point (a) above. [4+4]

Explain the process of selection of employees in an organization. [8]

ISC 12 COMMERCE SAMPLE PAPER 2023

ISC Accounts Sample paper 2023-2

Admission of a partner-Important Questions-1

Important questions of fundamentals of partnership-3

Format of Profit and loss Appropriation Account

Hidden Goodwill at the time of Admission of A New Partner

Important questions of fundamentals of partnership

Important questions of fundamentals of partnership-2

Goodwill questions for practice Class 12 ISC & CBSE

Important questions of fundamentals of partnership-5

ACCOUNTING TREATMENT OF GOODWILL AT THE TIME OF ADMISSION OF A NEW PARTNER