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