Here's a list of some important topics and questions that commonly appear for Class 12 Commerce students, categorised by subject:
Partnership Accounts:
Difference between Partnership and LLP.
Preparation of Profit and Loss Appropriation Account.
Admission, Retirement, and Death of a Partner.
Revaluation of Assets and Liabilities.
Calculation of Goodwill using different methods.
Financial Statements:
Preparation of Trading, Profit and Loss Account, and Balance Sheet.
Calculation of Ratios: Current Ratio, Acid Test Ratio, Debt-Equity Ratio, etc.
Interpretation of financial statements using ratios.
Fund Flow Statement.
Accounting for Not-for-Profit Organizations.
Company Accounts:
Issue of shares and debentures.
Redemption of Debentures.
Nature and Significance of Management:
Definition of Management and its functions.
Importance of Management in Business.
Principles of Management:
Taylor’s Scientific Management Principles.
Fayol’s 14 Principles of Management.
Planning:
Definition, features, and importance of Planning.
Steps in Planning.
Organizing:
Organizational Structure.
Types of Organizational Structures (Functional, Divisional, Matrix).
Directing:
Definition and importance of Directing.
Principles of Directing.
Controlling:
Definition, Process of Controlling.
Techniques of Controlling (like Budgetary Control, PERT, and CPM).
Business Environment:
Importance of understanding the business environment.
Economic, Social, and Technological environment.
Marketing:
Marketing Mix (4Ps: Product, Price, Place, Promotion).
Channels of Distribution.
Microeconomics:
Meaning and definition of Economics.
Law of Demand and Law of Supply.
Elasticity of Demand and its types.
Cost and Revenue concepts (Fixed, Variable, Marginal, Average).
Producer's Equilibrium and Consumer’s Equilibrium.
Macroeconomics:
National Income: Concepts and Methods of Measurement.
Government Budget and its components.
Money and Banking: Functions of Money, Commercial Banks, and Central Bank.
Indian Economy:
Planning in India and objectives of Economic Planning.
Economic Reforms since 1991.
Liberalization, Privatization, and Globalization.
Contract Act:
Essentials of a Valid Contract.
Types of Contracts.
Breach of Contract and its consequences.
Sale of Goods Act:
Conditions and Warranties in a contract of sale.
Transfer of Ownership.
Company Law:
Types of Companies: Private and Public.
Memorandum of Association and Articles of Association.
Share Capital and Debentures.
Liquidation of Companies.
Entrepreneurial Development:
Definition of an Entrepreneur and qualities of a successful entrepreneur.
Role of Entrepreneurs in Economic Development.
Business Opportunities:
Identifying business opportunities in various sectors.
Idea generation and selection of a viable business idea.
Project Management:
Meaning and stages of project planning.
Preparing a project report.
Data Management:
Types of Data and Data Structures.
Databases and SQL queries.
Management of Database.
Networking and Internet:
Internet protocols.
Web technologies and their applications.
Introduction to Programming:
Concepts of Programming Language (Python, Java).
Functions, Loops, and Arrays.
I hope this is helpful!
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