Important Questions for First-Year B.Com Students

As a first-year B.Com student, you are getting introduced to the world of commerce and business. The subjects you study in your course will help you build a strong foundation for your future career. Here are some important questions that you should focus on while studying:

1. What is Accounting and its Principles?
- What is Accounting?
- What are the different types of Accounting?
- What are the Principles of Accounting?
- What is the Accounting Equation?
- What is a Ledger and its types?
- What are the different types of Entries?

2. What is Economics and its Concepts?
- What is Economics?
- What are the different types of Economics?
- What are the Concepts of Economics?
- What is Microeconomics and Macroeconomics?
- What is the Law of Demand and Supply?
- What is Elasticity of Demand?

3. What is Business Law and its Importance?
- What is Business Law?
- What are the Sources of Business Law?
- What is Contract Law?
- What is Tort Law?
- What is Intellectual Property Law?
- What is the importance of Business Law?

4. What is Business Communication and its Types?
- What is Business Communication?
- What are the Types of Business Communication?
- What is Formal and Informal Communication?
- What is Written Communication?
- What is Oral Communication?
- What is Non-verbal Communication?

5. What is Business Statistics and its Applications?
- What is Business Statistics?
- What are the Types of Data?
- What are the Measures of Central Tendency?
- What is Probability?
- What is Sampling?
- What are the Applications of Business Statistics?

By focusing on these important questions, you will be able to understand the basics of commerce and business. It will help you build a strong foundation for your future career.