ICSE Class 10 Product — Mock Test (2027)
Free online mock test for Product (ICSE Class 10 Commercial Applications) — 10 competency-based questions based on the latest CISCE 2027 syllabus, with instant marking. Try the samples below, then take the full test free.
What to expect: This mock test covers key concepts from the Product chapter — including application-based and competency-focused questions aligned with how ICSE actually sets the paper.
Tip: Attempt without notes first to identify gaps, then review explanations for any wrong answers. Retake after a few days for best retention.
Sample questions
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1.The ______ budget contains an estimate of the total volume of production week-wise, month-wise, and product-wise.
- A.Production
- B.Purchase
- C.Cash
- D.Sales
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2.A company organizes its balance sheet by listing fixed assets first and current assets last. Identify which marshalling method is being used. I. Liquidity Order II. Permanence Order III. Chronological Order IV. Reverse Order
- a.I and III are true
- b.II and III are true
- c.I and IV are true
- d.II and IV are true
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3.A company calculates Prime Cost to determine production expenses. Identify which of the following will be true. I. Prime Cost includes direct material and direct labor costs. II. Prime Cost includes factory overheads. III. Prime Cost is a direct cost related to production. IV. Prime Cost includes selling and distribution expenses.
- a.I and III are true
- b.II and IV are true
- c.III and IV are true
- d.I and II are true
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4.What do wholesalers primarily expect regarding the packaging of products they handle?
- A.Minimal packaging to reduce costs.
- B.Convenient and attractive packaging for the products.
- C.Packaging that is difficult to open for security.
- D.Exclusive branding rights for their own use.
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5.A company decides to create a Master Budget by compiling individual budgets from different departments. Identify which of the following will be true in this context. I. The Master Budget includes only the Sales and Production Budget. II. The Master Budget serves as a comprehensive financial plan for the company. III. The Master Budget integrates all functional budgets, such as Sales, Production, and Cash Budgets. IV. The Master Budget only includes expenses but not revenue projections.
- a.I and II are true
- b.II and III are true
- c.I and IV are true
- d.III and IV are true
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