MARKETING AND SALES — Commercial Studies STD 10 — Question

Explain any five features of Environment Protection Act.

Explain any five expectations of suppliers from a business organisation.

An established company has decided to expand its production capacity. It does not have adequate reserves to finance the expansion. Suggest with reasons any two other sources of finance for the company.

Explain any five types of budgets.###Explain the utility of budgets.

Advertising encourages artificial living. Do you agree with this statement? Why?

(a) What is a warehouse? Discuss six functions of warehouses.
(b) Explain the essential characteristics of goods storage facilities.

Distinguish between direct costs and indirect costs.

The following is the trial balance of Mr. A. Chatterjee for the year ended 31st December, 2022. Compile the final accounts for him, after incorporating the adjustments and thereafter supply him with the required information, listed by him.

	Debit (₹)	Credit (₹)
Opening Stock	5,000
Capital		30,000
Drawings	2,000
Loan from Mr. Patel		8,000
Purchases and Sales	13,000	50,000
Rejections Returned	2,000	500
Wages	5,000
Salaries	8,000
Carriage Outward	2,000
Rent and Rates	3,000
Telephone and Trunk Calls	800
Petty Expenses	400
Plant and Machinery	35,000
Office Fixtures and Equipment	10,000
Cash in Hand	2,000
Bank Overdraft		1,000
Customers and Suppliers	8,000	6,700
	96,200	96,200

Closing stock value is ₹15,000.

What do you understand by Intellectual property Fraud? What steps can be taken to protect against such a fraud?

Explain the expectations of employers and employees as stakeholders in a commercial organisation.