A) Balance sheet B) Cash book C) Income statement D) Ledger
A) Cost of sales B) Trade debtors C) Goodwill D) Preference dividend
A) Current asset B) Intangible asset C) Long-term liability D) Current liability
A) Debtors B) Fixed assets C) Reserves D) Share capital
A) Assets and liabilities B) Income and expenses C) Goods bought and sold D) Debtors only
A) In alphabetical order B) Side by side C) From top to bottom D) In T-shape
A) Government taxes B) Long-term funds C) Short-term funds D) Daily transactions
A) Increase tax rates B) Reduce salaries C) Increase prices of goods D) Protect investors
A) SEC B) Central Bank C) Ministry of Finance D) NSE
A) Securities and Exchange Commission B) Savings and Economic Council C) Stock Exchange Commission D) Security Enforcement Centre
A) Surveillance B) Cooking C) Farming D) Distribution
A) Hiring brokers B) Buying shares C) Investigation and enforcement D) Reducing salaries
A) Prepare budgets B) Manufacture currency C) Facilitate buying and selling of securities D) Train teachers
A) Managers B) Brokers C) Traders D) Jobbers
A) By instalments B) After one year C) Immediately D) Through donations
A) Consignor B) Hirer C) Owner D) Consignee
A) Hirer B) Vendor C) Debtor D) Consignee
A) Purchases journal B) Trial balance C) Cashbook D) Interest account
A) Consignor B) Consignee C) Hirer D) Vendor
A) Consignor B) Trader C) Seller D) Consignee
A) Salaries B) Rent C) Bad debts D) Transport
A) Only partnerships B) Making losses C) A short-term project D) Long-term business
A) Partners share profits B) Temporary in nature C) Joint control D) Long-term relationship
A) Cashbook B) Joint venture memorandum account C) Purchases journal D) Sales day book
A) Government workers B) Market makers who trade on their own behalf C) Lawyers D) Farmers
A) Automobiles B) Agricultural commodities C) School supplies D) Bank loans
A) Salaries B) Money used to pay rent C) Money kept for future use D) Bad debts
A) Creditors B) Existing shareholders C) Government D) Customers
A) Seller agrees B) Full payment is made C) Buyer signs the document D) Goods are delivered
A) Purchases account B) Balance sheet C) Consignee’s account D) Consignor’s account |