BYJU'S Commerce Education Forum

Hello students! Do you find yourself asking whether goodwill is a tangible asset or intangible asset, or which entry should be placed in the debit side or credit side or you wonder what is the shape of the indifference curve?

All these and much more are answered here in a lucid and concise manner so that students can get a clear picture of the concepts and make themselves better equipped to face the board exams and other competitive exams.

This platform serves as a source for the various concept related queries that commerce stream students encounter during the course of their day to day studies.

The subjects covered in this forum are strictly based on the commerce stream syllabus comprising a diverse range of topics from accountancy, business studies and economics.

Students can benefit from this forum as it has to the point answers to the various questions presented in an easy to access manner, quality information therefore making it more student friendly, it is what students want.

So, what are you waiting for? Get started, now!

What is the scope of business?
The scope of business or the extent of business is more extensive than the terms 'Commerce' and 'Trade'. Trade is one of the parts of the...
Read More
What is the consumer protection council in India?
The National Consumer Disputes Redressal Commission (NCDRC), India, is a semi-legal commission in India that was set up in 1988 under the...
Read More
Give an illustration of a petty cash book under an imprest system.
Petty means little or small. In large business firms, all receipts are banked, and all payments are made by cheques. There are various little...
Read More
Can an increase in the deposits rate increase the money multiplier?
An increase in deposit rates will incite contributors to deposit more, subsequently prompting a decrease in cash to aggregate deposit proportion...
Read More
If the company deals with chemical and electrical goods, which type of organisation is useful ______.
a) Divisional Structure. b) Functional Structure. c) Centralised Structure. d) Decentralised Structure. Answer a) Divisional...
Read More
The government is accountable for all the finances, effective decisions, marketing strategies, etc. Of these enterprises.
Departmental Undertakings: Can be characterised as the most widely recognised and set up types of public organisations of a country. Such an...
Read More
What are the different types of forecasts in demand forecasting?
There are three basic types— Time-series analysis and projection:focuses entirely on patterns and pattern changes, and thus relies...
Read More
Which of the following department has a major interest in harmonious industrial relations
a) Human Resource Department. b) Production Department. c) Finance Department. d) Marketing Department. Answer a) Human Resource...
Read More
If an amount is given and the final amount after-tax is given then how to calculate the tax percentage?
The formula to calculate is: Tax amount: Final price of the Product - Price before tax....
Read More
Which of the following is not a characteristic of monopolistic competition?
Ease of entry into the industry. Product differentiation. A relatively large number of sellers. A homogeneous product....
Read More
Promises are performed by whom?
Assuming it shows up from the nature of the case that it was the expectation of the parties to any agreement that any guarantee contained in it...
Read More
What are the features of business cycles?
There are a few elements of a business cycle. Simultaneous: Another unmistakable component of the business cycle is that it is synchronic....
Read More
Sales of shares of an Indian company to a Chinese customer is a ______ item on the ______ of Balance of Payments.
a) Debit, Capital account. b) Debit, Current account. c) Credit, Capital account. d) Credit, Current account. Answer b: Debit, Current...
Read More
What are the barriers to communication skills?
There are different obstacles to productive communication that can cause the prevention of a message being delivered. It occurs in light of the...
Read More
normative-economics-deals-with
Opinions Facts Both A) and B) None of the options is correct Answer A: Opinions Explanation: The reliance of people, communicated as valued...
Read More
what-is-fiduciary-money
Fiduciary cash, currency or money, alludes to banknotes and coins available for use in the economy. This is the liquidity accessible to financial...
Read More
registration-of-partnership-firms-is-not-compulsory-but-beneficial-do-you-agree-give-three-reasons-in-support-of-your-answer
However the enrollment or registration of a partnership or an association firm isn't necessary, its obliviousness or non-enlistment will prompt...
Read More
amit-deposited-rs-150-per-month-in-a-bank-for-8-months-under-the-recurring-deposit-scheme-what-will-be-the-maturity-value-of-his-deposits
Explanation: Already stated in the problem statement: P = Rupees 150 per month. r = 8 % per annum. n = 8 months duration. Formula: Maturity...
Read More
a-want-becomes-a-demand-only-when-it-is-backed-by-the
A necessity to purchase the product or commodity. The desire to purchase or buy the product or commodity. Utility of a product. Ability to...
Read More
agriculture-and-commerce-are-state-subjects-but-still-we-have-ministers-of-agriculture-and-commerce-in-the-union-cabinet-because
Answer: A) Agriculture and Commerce have more significance in terms of the Indian economy. B) Agriculture and Commerce are two major...
Read More

BOOK

Free Class
Ask
Question