Double entry means______________?
A. Entry in two sets of books
B. Entry at two ends
C. Entry at two dates
D. Entry for two aspects of the transaction (correct)
Double entry means______________? Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Entry in two sets of books
B. Entry at two ends
C. Entry at two dates
D. Entry for two aspects of the transaction (correct)
Double entry means______________? Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Buyer
B. Seller
C. Debtor (correct)
D. Creditor
The person to whom goods are sold on credit is called___________? Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Double entry system (correct)
B. American system
C. Single entry system
D. Italic system
Modern system of book keeping is called______________? Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Purchase return
B. Customer return
C. Sales return (correct)
D. Inventory return
Goods Return by the customer are termed as : Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Accounting
B. Reading
C. Book Keeping (correct)
D. Auditing
The maintenance of accounts in a systematic way is called__________? Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Accounting (correct)
B. Accountancy
C. Auditing
D. Book Keeping
A. Relieves the firms responsibility towards society
B. Does not relieve the firm’s responsibility towards society (correct)
C. Partially relives the firm’s responsibility towards society
D. None of Them
Maximizing Shareholder wealth: Read More »
MCQs / Q&A, Misc. MCQs / Q&AA. Workers
B. Subordinates
C. Shareholders (correct)
D. Employees
A. Particular market
B. Particular firm (correct)
C. Particular creditor
D. Particular debtor
A. Managerial activities
B. Year-to-Year activities
C. Day-to-Day activities (correct)
D. Financial activities