Question: Retained Earning Is Synonymous To? a. Accumulated profit and loss account b. Profit for the year c. None of these [efaccordion id=”01″] [efitems title=”Show Answer” text=”Accumulated profit and loss account”][/efaccordion]
Category: Accounting
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Audit Of A Bank Is Generally Conducted Through?
Question: Audit Of A Bank Is Generally Conducted Through? a. Routine checking b. Couching c. Balance sheet audit [efaccordion id=”01″] [efitems title=”Show Answer” text=”Routine checking”][/efaccordion]
The Cost Of Electricity Bill Of The Factory Is Treated As?
Question: The Cost Of Electricity Bill Of The Factory Is Treated As? a. Fixed cost b. Variable cost c. Step cost d. Semi variable cost [efaccordion id=”01″] [efitems title=”Show Answer” text=”Semi variable cost”][/efaccordion]
Short-Term Loan Can Be Described As?
Question: Short-Term Loan Can Be Described As? a. If the period is three years b. If the period is less than one year c. If the period is over one year [efaccordion id=”01″] [efitems title=”Show Answer” text=” If the period is less than one year”][/efaccordion]
Quick Ratio Can Be Computed As Under?
Question: Quick Ratio Can Be Computed As Under? a. Quick . Assets/Quick Liabilities b. Quick . Liabilities Current Assets c. Current Assets/ Current Liabilities [efaccordion id=”01″] [efitems title=”Show Answer” text=”Current Assets/ Current Liabilities”][/efaccordion]
If Opening Inventory Of Material Is ` 20,000 And Closing Inventory Is ` 40,000.The Average Inventory Amount Will Be:
Question: If Opening Inventory Of Material Is ` 20,000 And Closing Inventory Is ` 40,000.The Average Inventory Amount Will Be: a. 40,000 b. 30,000 c. 20,000 d. 10,000 [efaccordion id=”01″] [efitems title=”Show Answer” text=”30,000″][/efaccordion]
Income Tax Rates Are The Same For?
Question: Income Tax Rates Are The Same For? a. Limited Companies b. Banking Companies c. None of above [efaccordion id=”01″] [efitems title=”Show Answer” text=”Banking Companies”][/efaccordion]
Evidence That a Transaction Has Taken Place?
Question: Evidence that a transaction has taken place? a. Source documents b. Ledger c. Bond d. Journals [efaccordion id=”01″] [efitems title=”Show Answer” text=”Source documents”][/efaccordion]
Ngos Are Legally Required To?
Question: Ngos Are Legally Required To? a. Prepare accounts in a prescribed manner under the law b. Prepare accounts as desired by donors c. None of these [efaccordion id=”01″] [efitems title=”Show Answer” text=”Prepare accounts in a prescribed manner under the law”][/efaccordion]
Internal Control Is Totally Synonymous With?
Question: Internal Control Is Totally Synonymous With? a. Internal check b. Internal audit c. None of above [efaccordion id=”01″] [efitems title=”Show Answer” text=”None of above”][/efaccordion]