class 12 commerce subject wise study tips

class 12 commerce subject wise study tips:- Commerce is one of the most popular streams among students at the 10+2 level. Most of the students have Commerce as their first preference in CBSE after class 10.

class 12 commerce subject wise study tips:-Accountancy:-Accountancy is divided into 2 parts. 60 marks are for the theory paper and 40 marks are for the practical examination and viva voice. Some important topics taught at the HSC level are as follows:

Accounting for not for profit organizations.
Accounting for Partnership Firms
Accounting for Partnership Firms
Accounting for Share Capital and Debenture

Tips for Preparation

Attempt questions on company accounts, cash flow statements and partnership first.
These carry 60% weightage in the paper.
Calculate each and everything properly.
Show proper working notes.
You must draw up a proper format and must write narrations in case of journals.
You should also go through all illustrations and give formulae for ratio analysis.
Besides the NCERT, you must also refer to CBSE sample papers and Double Entry Book Keeping by CS Grewal since there are limited questions for practice.

class 12 commerce subject wise study tips:-Business studies:- Business studies paper, like many other CBSE level papers, is divided into 2 parts. Part A generally contains questions from Principles and Functions of Management and carries 60 marks and part B comprises of questions from Business Finance and Marketing, carrying a total of 40 marks.

Tips for Preparation

In a question with words like ‘enumerate’ or ‘list’, write only points.
Explanation of each point should not be more than five to six lines.
Try to write headings as given in the NCERT book.
If you forget the point don’t worry, you can write any related point or you can write the explanation without the heading and then you can underline within the explanation. Give examples wherever possible.
Start the answer from the extract given in the question.
In questions like ‘Do you agree with this statement…,’ start answers with your viewpoint i.e. ‘I agree with xyz because….’ Remember, business studies is very scoring.
The only thing you have to do is stress on presentation.
During revision, start recalling the points of the first three chapters and then keep on adding another two chapters.
Then revise five chapters together and so on. Don’t panic if you forget the heading. Write any related point or just write the explanation without the heading. You will be granted marks. But it does not mean that you don’t write the heading at all.
The important chapters include formal and informal organisation, delegation and decentralisation, financial management, and marketing management etc.

class 12 commerce subject wise study tips:-Economics:- Economics is the science which deals with production, distribution and consumption of goods. It has both, qualitative as well as quantitative aspects. Hence, to ace an Economics exam, you need to study it from both, qualitative and, also, quantitative aspect.

Tips for preparation

Stick to the syllabus prescribed by CBSE.
Plan your revision schedule to avoid last moment stress.
Make a flow chart of every chapter.
Prepare effective notes of terms, definitions and important points chapter wise.
These will suffice for final revision before the exam.
Practise drawing neatly-labelled diagrams.
Unlabelled diagrams do not convey any meaning.
Use schedules/diagrams to revise the concepts. Hone up your analytical skills.
Understand the reasons for the relationship between variables – such as total product and marginal product, total fixed cost and average fixed cost etc.
While revising the paper, ensure the following: Write the correct equation/ formula – follow a logical pattern.
Transfer correct values from the question to answer.
Try and reduce writing time to two-and-a-half-hours to ensure ample revision time of the written answer for yourself.
If you get stuck, try to remember a related fact. If that does not work, go on to the next question. Come back to it later.
Be neat in presentation of your answer.
Highlight/underline the salient points.