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