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