Prepaid rent is a
Prepaid rent is a
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
Bachelor of Business Administration (BBA)
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Question: A. Nominal Account B. Representative Personal Account C. Tangible Assets Account D. None of the above Answer» b. Representative Personal Account -
The finance function is/are ———————-
Question: The finance function is/are ———————-
A. Determination of financial requirement of the firm B. Obtaining necessary finance from the appropriate sources at minimum possible cost C. The allocation of finance in different assets D. All of these Answer» d. All of these Note: The above multiple-choice question is for all general and Competitive Exams in India. -
Sales of 6,570 is recorded in the sales book as 6,750. Such Error is known as
Question: Sales of 6,570 is recorded in the sales book as 6,750. Such Error is known as
A. Error of Principle B. Error of Omission C. Error of Commission D. Compensating Error Answer» c. Error of Commission Note: The above multiple-choice question is for all general and Competitive Exams in India. -
Which one of the following is not a financial statement?
Question: Which one of the following is not a financial statement?
A. Trial Balance B. Profit and Loss account C. Balance Sheet D. Fund Flow statement Answer» a. Trial Balance Note: The above multiple-choice question is for all general and Competitive Exams in India. -
Nominal Account represents
Question: Nominal Account represents
A. Profit & Gain B. Loss / Expenses C. Both (A) and (B) D. None of the above Answer» c. Both (A) and (B) Note: The above multiple-choice question is for all general and Competitive Exams in India. -
Purchases book is used to record
Question: Purchases book is used to record
A. All purchases of goods B. All credit purchases C. All credit purchases of goods D. All credit purchases of assets other than goods Answer» c. All credit purchases of goods Note: The above multiple-choice question is for all general and Competitive Exams in India. -
Ledger contains various _______ in it.
Question: Ledger contains various _______ in it.
A. transactions B. entries C. accounts D. None of the above Answer» c. accounts Note: The above multiple-choice question is for all general and Competitive Exams in India. -
The balance of the Petty Cash is a / an
Question: The balance of the Petty Cash is a / an
A. expense B. income C. asset D. liability Answer» c. asset Note: The above multiple-choice question is for all general and Competitive Exams in India. -
___________ was introduced in 1969
Question: ___________ was introduced in 1969
A. Oil Facility B. Extended facility C. Buffer stock facility D. Trust Fund facility Answer» c. Buffer stock facility Note: The above multiple-choice question is for all general and Competitive Exams in India. -
It goods worth 1,750 returned to suppler is wrongly entered in sales returned book as1,570 then
Question: It goods worth 1,750 returned to suppler is wrongly entered in sales returned book as1,570 then
A. Gross profit will decrease by 3,320 B. Gross profit will decrease by 3,500 C. Gross profit will increase by 3,320 D. Net profit will decrease by 3,140 Answer» a. Gross profit will decrease by 3,320 Note: The above multiple-choice question is for all general and Competitive Exams in India.