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