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