Life Insurance Corporation Account is a
Life Insurance Corporation Account 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. Artificial Personal Account C. Representative Personal Account D. Real Account Answer» b. Artificial Personal Account -
A ————- entrepreneur is an individual who plans, develops and manages a corpotate enterprise.
Question: A ————- entrepreneur is an individual who plans, develops and manages a corpotate enterprise.
A. Corporate B. Motivated C. Industrial D. None of these. Answer» a. Corporate Note: The above multiple-choice question is for all general and Competitive Exams in India. -
——————– operated from within the organization itself.
Question: ——————– operated from within the organization itself.
A. Entrepreneur B. Intrapreneur C. Organizer D. None of these. Answer» b. Intrapreneur Note: The above multiple-choice question is for all general and Competitive Exams in India. -
When Trial Balance will not tally/mismatch?
Question: When Trial Balance will not tally/mismatch?
A. Two errors those are compensating each other. B. A transaction recorded twice. C. Taking balance to the wrong side in the Trial balance D. If an entry is totally missed. Answer» c. Taking balance to the wrong side in the Trial balance Note: The above multiple-choice question is for all general and Competitive Exams in India. -
………………….. is the major source of revenue of any business.
Question: ………………….. is the major source of revenue of any business.
A. Investment B. Advances C. Loan D. Sales Answer» d. Sales Note: The above multiple-choice question is for all general and Competitive Exams in India. -
The manufacturing account is prepared
Question: The manufacturing account is prepared
A. to ascertain the cost of goods manufactured. B. to ascertain gross profit. C. to ascertain profit or loss on the goods manufactur Answer» a. to ascertain the cost of goods manufactured. Note: The above multiple-choice question is for all general and Competitive Exams in India. -
What happens when a bad debt is recovered?
Question: What happens when a bad debt is recovered?
A. Current asset decreases B. Debtor’s balance decreases C. Profit increases D. Owner’s fund decreases Answer» c. Profit increases Note: The above multiple-choice question is for all general and Competitive Exams in India. -
—————- entrepreneurs undertakes a trading activity.
Question: —————- entrepreneurs undertakes a trading activity.
A. Busines B. Technical C. Low-tech D. Trading. Answer» d. Trading. Note: The above multiple-choice question is for all general and Competitive Exams in India. -
Reduction in value of asset due to its continuous use is treated as
Question: Reduction in value of asset due to its continuous use is treated as
A. Appreciation B. Depreciation C. Loss D. Profit Answer» b. Depreciation Note: The above multiple-choice question is for all general and Competitive Exams in India. -
The source document or voucher used for recording entries in Sales Book is
Question: The source document or voucher used for recording entries in Sales Book is
A. invoice recieved B. invoice sent out C. credit notes sent out D. debit notes received Answer» b. invoice sent out Note: The above multiple-choice question is for all general and Competitive Exams in India.