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