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ICSE Prelims 2016 : Commercial Studies (Himalayan International Residential School, Jalpaiguri)

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Niloy Biswas
Goenka College of Commerce and Business Administration, Kolkata
ICSE, ISC( Commerce), B'Com(Hons), MA Economics
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HIMALAYAN INTERNATIONAL RESIDENTIAL SCHOOL PRACTICE EXAMINATION 2015 2016 COMMERCIAL STUDIES Time: 02:00Hrs. CLASS 10 Name: ........................................................... Max. Marks: 80 DATE: ../ . / 2015 Candidates are allowed additional 15 mins for only reading the paper. They must NOT start writing during this time. Answer all questions from Section I and any four questions from Section II. The intended marks for questions are given in brackets [ ]. Section I (40 Marks) Attempt all questions from this Section Question 1 (a) Spoken communication permits immediate feedback . Do you agree? Give a reason. [2] (b) Capital Expenditure and Revenue Expenditure. [2] (c) Direct cost and Indirect cost. . . [2] (d) Advertising and Sales promotion. [2] (e) Formal communication and informal communication. [2] Question 2 (a) Why is a Master Budget also known as a Summary Budget? [2] (b) Explain the term Deferred Revenue Expenditure. [2] (c) List two features of Receipts and Payments Account. [2] (d) What do you understand by the term Turn Over ? [2] (e) Income & Expenditure Account and Profit & Loss Account. [2] Question 3 (a) What is Budgeting? [2] (b) Explain any two sources of external recruitment. [2] This Paper consists of 3 printed pages Page-1 [Turn Over]

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