Subject:- Accountancy (XII)
Important theoretical questions for BOARD EXAM, DO NOT miss..

1. Give the meaning of a company and mention any three features.
2. Show difference between public and private company.
3. Differentiate between equity share and pref share.
4. What do you mean by a registered company?
5. What do you mean by a company limited by share?
6. Show difference between equity share and debenture.
7. What do you mean by final account of a company?
8. Give the meaning of Gross profit and Net profit.
9. What is the purpose of preparing balance sheet?
10.Give the meaning of funds flow analysis and mention in brief its objectives.
11. What do you mean by cash flow statement?
12. Give the meaning of ratio analysis and mention its limitations.
13. Show the importance of Ratio analysis.
14. What do you mean by financial statement analysis?
15. Write briefly the importance of financial statement analysis.
16. Write briefly about the limitations of financial statement.
17. What do you mean by overhead? Classify it on the basis of function.
18.Give the meaning of allocation, apportionment and absorption of overhead.
19. What do you mean by controllable and uncontrollable overhead?
20.Classify cost on the basis of element.
21. Classify cost on the basis of nature.
22.Write the advantages of piece rate system of wage payment.
23. write the advantages of time rate system of wage payment.
24. What are the disadvantages of piece rate system.
25. Mention the disadvantages of time rate system of wage payment.
26. What do you mean by material control? Show its essentials.
27. what do you mean by inventory management?
28. What do you mean by store ledger? How is it different from bin card?
29. What do you mean by cost accounting? Show its objectives.
30. Show the specimen of purchase requisition form.
31. Differentiate between financial accounting and cost accounting.
32. Give the specimen of bin card.