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