CHOITHRAM SCHOOL MANIKBAGH INDORE

CLASS XI-Session: 2018-19

SUBJECT- ENTREPRENUERSHIP ASSIGNMENT No. – 3

Scheduled Date: Submission Date –
Q.no Questions Marks

1. What is cash register? 1

2. We know that blood is very important in living being what is equivalent ot 1
blood for an enterprise to survive?
3 In which cases the monetary transactions between business are referred to 1
as loan?
Very Short Answer
4 Define inflow and outflow 2
5 Is profit part of the balance recorded in the cash register or cash book 2
include profit?
6 What does unit cost refer to? Fixed cosþ or variable cost? 2
7 Which business uses dozen as a unit of sale. 2
Short Answer
8 Discuss different types of cost 3
9 Which type of transactions are not included in income statement 3
10 What do you call the tax that can be shifted from the tax payer to someone 3
else.
Long answer
11 What does the government do with the revenue generated by collecting 5
taxes.
12 When you are looking at a financial statement how do you determine 5
whether it is an income or cash flow statement?