Accounting Objective Questions And Answers Pdf

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accounting objective questions and answers pdf

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You have reached 0 of 0 points, 0. The type or branch of accounting that generates reports for the use of external parties such as creditors, investors and government agencies is known as:.

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Which of the following is not an asset? Which of the following is a liability? Which of the following best describes the meaning of Purchases? Goods bought on credit Goods paid for Goods bought for resale Items bought. Which of the following should not be called Sales?

Multiple Choice Questions and Answers (MCQs)

Glide to success with Doorsteptutor material for UGC Commerce: Get detailed illustrated notes covering entire syllabus : point-by-point for high retention. Which one of the following accounting conventions stipulates that contingent assets appear as a footnote in the balance sheet? Making provision for doubtful debts and discount on debtors in anticipation of actual bad debts and discount. On 31st March , the closing stock of X Ltd. Was Rs. On April 1, , stock of Rs. The company closes its account on 31st March.

Commerce Questions with Answers (700 Objective Questions)

Maximization of profit. This information is used by the readers of financial statements to make decisions regarding the allocation of resources. A well-crafted business case explores all feasible approaches to a given problem and enables business owners to select the option that best serves the organization. D it places no responsibility on top. Chapter

We provide all important questions and answers for all Exam. Current Affairs PDF. Daily Current Affairs February Daily Quiz February Current Affairs on Govt. Go To Download Page Close. What is the main objective of financial accounting?

Quiz complete. Results are being recorded. You have reached 0 of 0 point s , 0. The accounting profession can be divided into three major categories; specifically, the practice of public accounting, private accounting, and governmental accounting. A somewhat unique and important service of public accountants is:. The primary private sector agency that oversees external financial reporting standards is the:. Which of the following equations properly represents a derivation of the fundamental accounting equation?

Accounting objective questions and answers

By Arshad Iqbal. Cost accounting quick study guide includes terminology definitions in self-teaching guide from business administration textbooks on chapters:. Multiple choice questions on accounting concepts quiz answers PDF covers MCQ questions on topics: Conversion costs, cost analysis, inventory types, inventorable cost and period cost, manufacturing costs, period costs, prime costs, and types of inventories. Multiple choice questions on activity based costing and management quiz answers PDF covers MCQ questions on topics: Activity based costing systems, activity based costing, accounting, broad averaging and consequence, and refining costing system.

Do not have an account? Toggle navigation Menu. Answer Report Discuss. Option: D Explanation : Click on Discuss to view users comments. Shilpa said: pm on Friday 31st March

Мысли ее смешались. Хоть бы замолчала эта омерзительная сирена. Почему Стратмор отмел такую возможность.

Три. Она перевела взгляд на пустую шифровалку.

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Шестнадцать часов. Но это не все, сэр. Я запустил антивирус, и он показывает нечто очень странное. - Неужели? - Стратмор по-прежнему оставался невозмутим.  - Что показалось тебе странным. Сьюзан восхитилась спектаклем, который на ее глазах разыгрывал коммандер. - ТРАНСТЕКСТ работает с чем-то очень сложным, фильтры никогда ни с чем подобным не сталкивались.


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