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