The basic function of management accounting is to:
The basic function of management accounting is to:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Which of the following items are shown in the income and expenditure account?
Question: Which of the following items are shown in the income and expenditure account?
A. Only items of capital nature. B. Only items of revenue nature which are received during the period of accounts. C. Only items of revenue nature pertaining to the period of accounts. D. Both the items of capital and revenue nature. Answer» c. Only items of revenue nature pertaining to the period of accounts. Note: The above multiple-choice question is for all general and Competitive Exams in India. Profit and Loss Account debit side includes
Question: Profit and Loss Account debit side includes
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Question: Del Credere Commission in consignment business is generally payable on
A. Total sales B. only on credit sales. C. other than credit sales D. % on recovery of bad debt. Answer» a. Total sales Note: The above multiple-choice question is for all general and Competitive Exams in India. The process of transfer of entries from day book to ledger is called as
Question: The process of transfer of entries from day book to ledger is called as
A. Balancing B. Journal Posting C. Transaction D. Ledger Posting Answer» d. Ledger Posting Note: The above multiple-choice question is for all general and Competitive Exams in India. Which one of the following character is not related to Financial Accounting?
Question: Which one of the following character is not related to Financial Accounting?
A. Evaluates the financial strength of the whole business. B. Based on monetary transactions of the enterprise C. Reports are always subject to statutory audit. D. Reports are as per requirement of management. Answer» d. Reports are as per requirement of management. Note: The above multiple-choice question is for all general and Competitive Exams in India. …………………budget is the preparation of budget starting from aclean state.
Question: …………………budget is the preparation of budget starting from aclean state.
A. performance B. zero base C. cash D. none of these Answer» b. zero base Note: The above multiple-choice question is for all general and Competitive Exams in India.