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