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Theory Base of Accounting Questions for Practice - Long Answers Solutions
- Q1: ‘The accounting concepts and accounting standards are generally referred to as the essence of financial accounting’. Comment.
- Q1: ‘The accounting concepts and accounting standards are generally referred to as the essence of financial accounting’. Comment.
- Q2: Why is it important to adopt a consistent basis for the preparation of financial statements? Explain.
- Q2: Why is it important to adopt a consistent basis for the preparation of financial statements? Explain.
- Q3: Discuss the concept-based on the premise ‘do not anticipate profits but provide for all losses’.
- Q3: Discuss the concept-based on the premise ‘do not anticipate profits but provide for all losses’.
- Q4: What is matching concept? Why should a business concern follow this concept? Discuss.
- Q4: What is matching concept? Why should a business concern follow this concept? Discuss.
- Q5: What is the money measurement concept? Which one factor can make it difficult to compare the monetary values of one year with the monetary values of another year?
- Q5: What is the money measurement concept? Which one factor can make it difficult to compare the monetary values of one year with the monetary values of another year?
Other Exercises for CBSE - Class 11 Accountancy Theory Base of Accounting
- Theory Base of Accounting Class 11 Activities
- Theory Base of Accounting Class 11 Activity
- Theory Base of Accounting Class 11 Activity 1
- Theory Base of Accounting Class 11 Activity 2
- Theory Base of Accounting Class 11 Do it yourself
- Theory Base of Accounting Class 11 Questions for Practice
- Theory Base of Accounting Class 11 Questions for Practice - Short Answers
- Theory Base of Accounting Class 11 Test Your Understanding - I
- Theory Base of Accounting Class 11 Test Your Understanding - II
Chapters in CBSE - Class 11 Accountancy
- Unit 1-Financial Accounting(Part A)Theoretical Framework
- Introduction to Accounting
- Recording of Transactions – I
- Recording of Transactions – II
- Bank Reconciliation Statement
- Trial Balance and Rectification of Errors
- Depreciation, Provisions and Reserves
- Bills of Exchange
- Financial Statements – I
- Financial Statements – II
Top Tutors who teach Theory Base of Accounting
I am a strong believer in concept-based gain of knowledge. I start from scratch while teaching the very basic concepts and take my students to a level where they have a deep understanding of the subject. Once they understand the concept, the next step is that practice a lot of questions/numerical/problem in the class itself as practice is the key to retain knowledge. I refer to prescribed books by CBSE/ICSE board considering school exams but always encourage students to refer additional 1 or 2 books (like H C Verma/ B M Sharma/ D C Pandey) for JEE/NEET based on their speed to practice. In last I provide them enough homework to practice at home and send me the doubts before the next class.
In my school, commerce is introduced in class 11th itself. So it became very significant that students are given all the basic information about their subjects and also to develop keen interest in them by relating the topics to their everyday life. With loads of practice and exemplary notes, the requisite foundation is made. And I make sure the topics are nicely delivered.
We took online mode from outside india, All classes held on time with excellent explanation and clear communication. Positive recommendations from my side.
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I have 29 years of teaching experience in college and tuition. I teach students with complete concept and clear all the doubts until students satisfy. I teach in such a manner that students feel comfortable and confident and make students subject very easy and convenient to understand and solve Accounts with full confidence.
Dr. Apparao is an awesome accounts experienced reached. Within a month of joining his tuition, my son got confidence and good marks in accountancy. His articulative way of explaining the concepts along with his hold on the subject is outstanding. I would highly recommend him to be opted as teacher of the choice for other students struggling with accounts.
I am an M.Sc. in Physics and B.Ed. with over 22 years of teaching experience. I have extensive experience teaching CBSE/NCERT Physics, particularly Classes 11 and 12, with a strong focus on conceptual clarity, numerical problem-solving and examination preparation. I have taught at the secondary and senior-secondary levels and have also worked in the corporate sector. My professional certifications include Microsoft Certified Educator, DOEACC PGDCA, and certification in “A to Z of Online Teaching” from upEducators. I am also CBSE-certified in Design Thinking. I secured 3rd rank in the CENTA Teaching Professionals’ Olympiad in 2018, reflecting my strong subject knowledge and teaching expertise. My teaching approach combines clear explanations, real-life applications, structured practice, regular assessments and personalised feedback to help students develop confidence and perform consistently well in Physics
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