Commerce Solved Model Past Paper 2023 PDF

Part – 1 English

 The Antonym of ABASH is?
Answer: Proud
The men are there to help you. Here ‘to help’ is?
Answer: Infinitive
The meaning of “Subway” is ____?
Answer: Underground Path/Passage
Choose the correct indirect speech: He said to them, “Will you listen to such a man”.
Answer: He asked them if they would listen to such a man.
The Synonym of Jeopardize is?
Answer: Put at risk
You _____ care of your health.
Answer: Had better take
 Passive Voice: He does not sing a song.
Answer: A song is not sung by him.
Identify the sentence using “who” incorrectly:
Answer: The girl with who I met is very kind. (Correction: “with whom”)
 Write the correct form of the word speak: He ‘speak’ the truth.
Answer: Speaks
This is ____ house, not yours.
Answer: Our
 Fear of lightning and thunder is known as _____?
Answer: Astraphobia
 The idiom “To smell a rat” means?
Answer: To suspect foul dealings
 The Synonym of Secure is?
Answer: Safe
 The Antonym of Sacred is?
Answer: Profane
 She agrees _______ my proposal.
Answer: To
Choose the correct passive voice: Elizabeth keeps pets.
Answer: Pets are kept by Elizabeth.
The Synonym word of CONGREGATION is?
Answer: Assembly
Ali had to cook for ______?
Answer: Himself
 “He is the boy who scored a fifty.” Here ‘Who’ is ______?
Answer: Pronoun (Relative Pronoun)
The Synonym of Immaculate is?
Answer: Pure & Natural
 Which pronoun would you NOT expect to find in third person narrative?
Answer: I
 Of the three brothers, Sam is the _____?
Answer: Tallest
The Synonym of DISDAIN is?
Answer: Scorn
If I ________ her name, I would tell you.
Answer: Knew
This is good enough. Here the word “enough” is ____?
Answer: Adverb
What is the Antonym of Opaque?
Answer: Transparent

Part-I: Teaching Methodology

The current view assumes that childhood is the unique period of ______?
Answer: Growth
 Psychomotor domain was divided by Simpson into _____?
Answer: Seven subgroups
To assess the effectiveness of teaching, a teacher keeps an eye on ______?
Answer: The understanding level of students
In a school environment, the child’s ______ development is defined best.
Answer: Cognitive
 The theory of intelligence that focuses on the job content and job context is _____?
Answer: Herzberg
 _____ covers principles of specification, management, and evaluation of software systems.
Answer: Software Engineering
Frobel’s most important contribution to education was his development of _____?
Answer: Kindergarten
Workshop with equal space between values and having no true zero is _____?
Answer: Interval
Teacher performs practically and explain in _____?
Answer: Demonstration Method
 Who identified the four distinct stages of children’s intellectual development?
Answer: Piaget
In which teaching aid, a blackboard can be included?
Answer: Visual aid
 Which domain of objectives is not being evaluated through our present system?
Answer: Affective
Ability to stimulate collaborative learning and actions is studied in _____?
Answer: Development of Leadership Skills
Authoritarian Model is more suitable for _______?
Answer: Discipline
The important components of curriculum are ______?
Answer: Objectives, content, methodology, and evaluation
In which of the following, the teacher emphasizes on democratic values?
Answer: Child centered method
“Development is a never-ending process.” This idea is the principle of ______?
Answer: Continuity
What is ‘Dyslexia’?
Answer: Reading disorder
 Purposeful activities to legitimize movement are provided to an _______?
Answer: Overactive child
The aim of National Council for teacher education is?
Answer: To maintain standards in colleges of education
The Gestalt augmented the insight theory of ______?
Answer: Learning
The Socratic method is known as _____?
Answer: Question-Answer method
 The process of obtaining information needed for performance review is ______?
Answer: Assessment
 A repeated performance of learning act until attainment of skill is ______?
Answer: Drill Method
 Curriculum is ______?
Answer: A continuous process

Part – II Commerce

Q. What is the Materiality Concept in auditing?
Answer: The principle that auditors focus on items that could significantly influence users’ economic decisions.
Q. What does Net Present Value (NPV) represent in capital budgeting?
Answer: The difference between the present value of cash inflows and the present value of cash outflows of a project.
Q. What is meant by the Substance over Form Principle?
Answer: Transactions should be recorded according to their economic reality rather than merely their legal form.
Q. What is Audit Sampling?
Answer: Applying audit procedures to a selected portion of data to draw conclusions about the entire population.
Q. Which ratio measures how frequently inventory is sold and replaced during a period?
Answer: Inventory Turnover Ratio.
Q. In financial analysis, what are Qualitative Factors?
Answer: Non-numerical aspects such as management quality, reputation, and employee morale.
Q. What is the difference between Error and Fraud in auditing?
Answer: Error is unintentional, while fraud is a deliberate act to deceive.
Q. What is Accrued Income in accounting?
Answer: Income earned but not yet received in cash.
Q. Which statement reports the movement of cash during an accounting period?
Answer: Cash Flow Statement.
Q. What is meant by Cost of Capital?
Answer: The minimum return required by investors for providing funds to a company.
Q. In the Balance Sheet, Prepaid Expenses are classified as what type of asset?
Answer: Current Assets.
Q. What is Vouching in auditing?
Answer: Examining documentary evidence to verify the authenticity of recorded transactions.
Q. What is an Operational Audit?
Answer: An audit that evaluates the efficiency and effectiveness of an organization’s operations.
Q. What does the Fixed Asset Turnover Ratio measure?
Answer: The efficiency with which a company uses its fixed assets to generate sales.
Q. What is a Contingent Asset?
Answer: A potential asset arising from past events whose existence depends on a future uncertain event.
Q. What is the primary purpose of a Trial Balance?
Answer: To check the arithmetic accuracy of ledger accounts
Q. Depreciation on an asset is charged to:
Answer: Profit & Loss Account
Q. A liability that is due within 12 months is called:
Answer: Current Liability
Q. Cash sales and credit sales affect which financial statements?
Answer: Income Statement and Cash Flow Statement
Q. Outstanding expenses are:
Answer: Expenses incurred but not yet paid
Q. Prepaid expenses are:
Answer: Expenses paid in advance but not yet incurred
Q. Net Profit ratio measures:
Answer: Profitability of business operations
Q. Operating cycle formula:
Answer: Inventory period + Accounts Receivable period
Q. Letter of Credit (LC) is used for:
Answer: Guarantee by a bank to a foreign bank for imports
Q. What is meant by cash equivalent?
Answer: Short-term highly liquid investments
Q. What is the purpose of a control account?
Answer: To summarize detailed ledger balances
Q. What is meant by deferred expense?
Answer: Expense paid in advance for future periods
Q. Which account is debited when salary is paid?
Answer: Salary Account
Q. What is the main objective of financial statements?
Answer: To provide useful financial information
Q. Which ratio measures company’s ability to pay interest?
Answer: Interest Coverage Ratio
Q. What is meant by equity share?
Answer: Ownership share in a company
Q. What is the purpose of audit evidence?
Answer: To support audit opinion
Q. Which type of cost is direct cost?
Answer: Cost directly traceable to product
Q. What is meant by cost center?
Answer: A unit where cost is incurred
Q. Which account is credited when income is received?
Answer: Income Account
Q. What is meant by capital budgeting?
Answer: Planning long-term investments
Q. Which statement shows cash position?
Answer: Cash Flow Statement
Q. What is meant by financial leverage?
Answer: Use of debt to increase returns
Q. Which concept requires revenue recognition when earned?
Answer: Accrual Concept
Q. What is meant by outstanding expense?
Answer: Expense incurred but not paid
Q. Which ratio measures operational efficiency?
Answer: Operating Ratio
Q. What is meant by book value?
Answer: Value of asset after depreciation
Q. Which account is used for recording credit sales?
Answer: Sales Account
Q. What is meant by audit report?
Answer: Auditor’s opinion on financial statements

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