CBSE Class 12 Accountancy Question Paper 2019

Introduction

CBSE is the contraction of ‘Central Board of Secondary Education. It is the premier education council of our country. All the schools following CBSE are managed by the Central Government and it was established on 03 November 1962. Many objectives of CBSE are to define suitable procedures of educational activities and to provide stress-free, child-centered, and holistic education to all children without compromising the quality. And also to analyze and observe the quality of academic exercises by collecting feedback from different stakeholders.

On this page, the students can find the question papers of 2019 for the subject of Accountancy, which is an integral subject for the Commerce stream in CBSE Class 12. 

Let's have a look at the subjects that are included in Accountancy for CBSE Class 12.

• Business Law: also known as Commercial law is the form of law that directs business and commerce and is often considered to be a part of civil law and deals with both matters of private law and public law. Commercial law regulates corporate records, contracting practices, and the manufacture and sales of consumer goods.

• Financial Markets: Financial markets refer broadly to any marketplace where the trading of securities occurs, including the stock market, bond market, forex market, and derivatives market, with many others. Financial markets are essential to the flexible operation of capitalist economies.

• Auditing: The word Audit normally refers to a financial statement audit. A financial audit is a detailed examination and evaluation of the financial statements of an organization to make assurance that the financial records are a fair and correct representation of the transactions they claim to represent.

• Management Accounting: Management accounting is the means of providing records about business operations that help managers make short-term and long-term decisions. It helps a business pursue its purposes by distinguishing, measuring, examining, evaluating and communicating information to managers.

• Taxation: Taxation is the system by which a government gets money from people and spends it on things such as education, health, and security. Taxation is the amount of money that people have to pay in taxes. The actual result will be in higher taxation.

• Microeconomics: Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and expenses at which they trade goods and services.

• Banking & Investment: Investment banking activities include underwriting new shares and equity securities for every type of corporation, aiding in the sale of contracts, and helping to facilitate mergers and acquisitions, broker trades, and reorganizations for both establishments and private investors.

• Corporate Finance: Corporate finance is concerned with how businesses fund their co-operations to maximize profits and minimize costs. It deals with the day-to-day progress of a business' cash flows as well as with long-term financing aims (e.g., issuing bonds).

At Vedantu, we believe that the more you practice, the better you will perform in the exams. That’s why we have provided CBSE Accountancy Class 12 question papers 2019 PDF here to help you with the understanding of the question paper pattern. Exercising CBSE Class 12 Accountancy question papers have many advantages. 

One of the most important factors these papers address is particularly about the management of time. We have seen that a lot of students study hard and learn the concepts well, but still, struggle to finish answering the paper. Our extremely qualified teachers have curated these CBSE Accountancy Class 12 past years' question papers and have created a set of sample papers in PDF format that are available for free download.