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.

Sample questions

1. 1.Which of these is NOT a characteristic of services?
   • A.Services are tangible.
   • B.Services are perishable.
   • C.Services are inseparable.
   • D.Services are variable.
2. 2.Indirect materials are directly traceable to the final product.
   • A.True
   • B.False
3. 3._______ is the process of sorting individual units of a product into well-defined classes.
   • a.Standardisation
   • b.Grading
   • c.Branding
   • d.Packaging
4. 4.A company suffered a loss from the sale of old machinery at a lower price than its book value. Identify which of the following will be true. I. This is a capital loss. II. This is a revenue loss. III. This loss appears in the Profit & Loss Account. IV. This loss is recorded under trading activities.
   • a.I and III are true
   • b.II and IV are true
   • c.III and IV are true
   • d.I and IV are true
5. 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